Stacy Summary: I think that is a big N-O. Here is the chart for this contract at the prediction market, Intrade.
Tags: chart · public option92 Comments
December 11th, 2009 by
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Max explains Wall St.'s financial terrorism to radio listeners in Moscow
@Will:
Thanks for the link!
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Well, health care spending is projected to hit $4.1 trillion by 2016. Our “reform” will not stop that from happening, and may even bring it about sooner. At that point, we’ll move towards either single payer or American revolution 2.0
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Only continuous hyperinflation will fix the worst parts of the US healthcare problem — but the whole system is doomed to a 50 year decline.
@ frances – Never heard about Obama’s cousin, but even if the story were true, it doesn’t make sense to blame him. On Missouri, I remember all kinds of lies that were being spread on the radio by the NRA. Saying that Obama wasn’t vetted is silly. People were turning up at the school he went to in Indonesia to make sure that it wasn’t a madrassa for crying out loud . . . his teachers were even interviewed!
On the civilian reserve corps, I am surprised that of all people, you don’t know that Bush first proposed it in his 2007 state of the union address (listen to minutes 37-41 here and even funded it before leaving office! Were your ears plugged then?!
@Frances – My a priori assumption in analyzing the news is that governments are not into Nash equilibrium models but are rather acting completely in what they perceive to be their own self interest. I don’t care so much about what they say but rather on what they in fact do.
@doomandbloom – The chart . . . good god. It’s amazing how the same information displayed graphically can add a whole new dimension. It took my breath away.
Marc Faber & Reuters
http://www.youtube.com/watch?v=SZEYOWLBVgw
@Dan Valley
So Soros sais the gold should be sold to the IMF memmber countries so the developping countries can purchase technologies in the west. If they fail to repay the countries get the IMF gold. Neat trick, the gold should be distributed to the memebr states already because they are interest payments on 3rd world loand made with the member states money!
@Mother.. Soros is dirty one.
@Dan Valley
You are right.. Is he trying to prevent it from being sold?
Meanwhile Shell is one of the winners of the Iraqi oil contracts..Guess that won’t pollute at all..
Retail sales data that the market will celebrate today:
http://www.huffingtonpost.com/huff-wires/20091211/us-economy/
Does the following really sound like a positive indicator of “recovery” to anybody??
A 6 percent surge in sales at service stations, partly reflecting higher gasoline prices, led the overall gain. But even excluding that jump, retail sales posted a respectable 0.8 percent rise in November.
@Mother…what I fail to understand is that this mans track record is such that he cannot enter certain countries as he would be shot on site…..why in the world would anyone take his advice….hes also calling 2010 to be the yr of the hedge fund…..well we know what that means …looks as if those carbon credits are already on his books.
House to vote on HR 4173 today. Introduced by Barny Frank.
supposedly makes bailouts permanent and in the hands of the excutive branch with no input by Congress.
http://www.freedomproject.org/DiscussIt/PostComment.aspx?Guid=0d1d4ecb-7d1b-4217-9aec-0a6ab2336536&prntGuid=00000000-0000-0000-0000-000000000000&Pg=blog
Banksters try to gut the bill’s Consumer Protection panel
http://theheroesofamerica.com/?p=762
Bill creates a “credit czar”
http://blog.ntu.org/main/
@marietta … Barny reminds of those old Cagney gangster films !
Break the Monopoly! Ron Paul Introduces HR 4248, the Free Competition in Currency Act
@Mep:
Yes, stories are stories and open to question, but I thought you indicated there were NO signs that Obama was headed the way of Bush/Clinton/Reagan et.al.
I never indicated that Obama was not fulfilling the Bush-mandates: he is on board for every single one.
It is a verifed fact that Obama flew to Kenya to campaign for his family member using that taxpayer’s money. His subsequent actions are open to intepretation. I personally find nepotism distasteful, and I would surely have distanced myself from a rampaging mad-man cousin, but the world is made up of all sorts, and I’m not about to argue ethics when the blatant is buried beneath rhetoric.
@Will:
Yes, but according to the standard my preferred non-sequitur is the IMF bank where sit the toadies of finance representing the G20.
@phil
here’s barney frank and Geithner discussing HR 4173
http://www.youtube.com/watch?v=Js6mgxdFLE4&feature=related
Max Keiser’s antithesis?
http://www.youtube.com/user/randin909#p/a/u/1/FLx51RqjZKk
View from the Top: The Government’s Role Going Forward:
A KKR Perspective
I’m pleased to learn that Senator Baucus finally confessed, during a debate in the Senate on Wednesday, December 2, that the true ten-year cost of the healthcare bill will be closer to $2.5 trillion than the nearly $1 trillion cost he has sold to the public.
Increasing numbers of other Americans are following what you do very closely. We are well aware that Congressional leaders have rigged the CBO score. We know that this has been done by delaying the start point for much of the spending so that it falls beyond the 10-year window evaluated by the CBO. In addition to the unsupportable true cost, there are also these problems . . .
The CBO — Congressional Budget Office — reported on Monday, November 30, that the healthcare bill is likely to increase insurance premiums for many people, not lower them. This is not what we were promised.
And Richard S. Foster, the chief actuary of the Centers for Medicare and Medicaid Services, estimates that the bill’s health insurance mandates will cause . . .
* Individuals to pay $62 billion in fines between 2014 and 2019,
* Businesses to pay $118 billion in tax penalties
ENOUGH! Scrap this cancerous bill. Do it now!
If you want to you can check my sources here (though you guys should already know this stuff) . . .
* Summary of Richard S. Foster’s findings: http://healthcare.nationalreview.com/post/?q=YjYyMzgzZmY1ZWZjY2I5ZjFkZmQ0M2VkMWM0ZmE1OWI
* The CBO report: http://cbo.gov/doc.cfm?index=10781
CBO summary of their report: http://cboblog.cbo.gov/?p=434
It’s not directly related to this discussion – but here’s a drawing I’ve done around the idea of poverty gives us something to aspire to, as Lord Griffiths was preaching:
http://davemiller.org/drawings/places/aspiration.png
Russia central bank to buy Gokhran gold next week
http://www.forexyard.com/en/reuters_inner.tpl?action=2009-12-11T140200Z_01_GEE5BA0XS_RTRIDST_0_GOLD-RUSSIA-GOKHRAN-UPDATE-1
@marietta .. great ! Cagney .. LOL !
“Saying that Obama wasn’t vetted is silly.”
I would hardly call visited someone’s elementary school ‘vetting’ a candidate. No records from Obama’s college were ever released to the public; his long-form birth certificate to this day is not provided; and his mysterious dealings with radical leftists were pooh-poohed by the press as inconsequential.
He was elected with only minimal experience as a Senator with a spurious voting record. Did he ever attend sessions?
Obama was an informed decision of the San-Francisco tea-cosy-crowd of psuedo-intellectual wobble-headed white-women-tatting elite.
Maybe they would cut the deficit if we could get some goddamn CAPITAL OVER HERE!
Wall st.’s biggest concern is the deficit, but they are the single cause of it. If Wall st. wasn’t siphoning off so much capital, the real economy would grow thus increasing tax receipts. It’s because of the fact that these people on Wall st. all HAVE to get rich quick that we even had the inflation that causes them to have to get rich quick.
Gah! Grr…
Hey Peeps Do ya know how Ambani’s Dad started of the rags to riches story he was in some country where he figured out that if he bought coins with paper currency and melted it and sold it in the International market he made a profit , Same thing with Dollar perhaps in the near future ???
@Davem:
Stunning work! Thanks for sharing!
What we’re watching is a game of “Hot Dollar”:
Hot Dollar is a party game that involves central bankers gathering in a circle and tossing a package of BennyBux instruments (dollar bills, treasury bills & bonds, etc.) to each other while music plays. The banker who is holding the “hot dollar” when the music stops is out. Play continues until only one central banker is left. The game is designed to be fast-paced and high-pressure and is often played behind teh scenes. The game can also be played without music, where there is a designated politician who shouts out “hot!” and the player holding the package of BennyBux is eliminated.
Was http://www.youtube.com/watch?v=9tAz7HuI8ok already mentioned? It is about coffee at the end, greece, spain and ireland and a euro thing.
@Will:
The dollar is safely ensconced at present, Will, in the dollar value index/sdr baskets. I think the game you are referring to is blind-man’s bluff, where the press puts the handkerchief over the public eye while the bankers safely pursue sdr-bond hegemony financial jacks.
What is happening to the gold and dollar index right now?
What is the news?
…or maybe it’s “Musical Gold Bars”:
Musical gold bars is a game played by a group of central bankers (usually children), often in a formal setting purely for entertainment such as a G20 meeting. The game starts with any number of bankers, and a number of gold bars one fewer than the number of bankers; the gold bars are arranged in a pile in the middle of the bankers, who are standing in a circle away from the pile. A non-playing mindless celebutard plays recorded music or a musical instrument. While the music is playing, the central boinkers in the circle waddle in unison around the pile of gold bars. When the music controller suddenly shuts off the music, the bankers must race to grab one of the gold bars. The central banker who is left without a gold bar is eliminated from the game and has to apply for a job at Wal-Mart, and one gold bar is also removed to ensure that there will always be one fewer gold bar than there are central boinkers. The music resumes and the cycle repeats until there is only one central banker left in the game, who is the winner.
@ Youri, Phil, and other faithful followers of the authorized “truth movement”:
These sites and writers require discernment (Hopsicker was set up with false leads so bombed on his Florida research) but the barebones info on the Genesis enterprises is straightforward. The ptb control all sides. Why shouldn’t they?
http://educate-yourself.org/cn/peakoilindex.shtml
http://portland.indymedia.org/en/2006/10/348293.shtml
@Harry – “The News” is that consumer sediment [sic] is rising and we can all go back to sleep cuz everything is hunky-dunky. Buy some stocks!
usually children
Well, Will! Thanks for the disclaimer, I thought you were indicating that central banks were taking physical possession of gold! Ha Ha! They just are shifty about the way they release the news to the public regarding the diversification of reserves into sdr, eh?
@Harry….goldman is gonna cover short on gold……
Thanks for the explanations.
Of course will people buy on the lows. GS, the Chinese, etc.
But it is not about what consumers think. It is about what really happens.
In the Netherlands consumers think that house prices will not go down further….
New album – Squeeze the People
http://www.SqueezeThePeople.org/
Why George Soros is after IMF gold
(Info on IMF gold reserves & its disposition)
New political party, the Landless Peasants
Praise from one site visitor:
“…[Your projects] give me a modicum of foolhardy hope that at least the remainder of my own life is still worth living, even though the world is f**ked, apathy reigns, criminals control the government and corporations that control the government, I could be shot with an automatic weapon in a false-flag terror attack, shot by a stray bullet, killed by a drunk driver, killed by drunk driving, or disappeared by the CIA after being tortured in Syria, Romania, Saudi Arabia, Jordan, or at the Halliburton HQ in the UAE. Thanks brother.”
@frances
thanks very much!
@Will … New political party, the Landless Peasants
Yep .. great guy Deek Jackson .
And he is serious about his new party .
Buy his DVDs for 20+$ lie I did … and support the cause !
@Will:
I’ll join the landless peasant movement just as soon as the HM Crown Interests signs up unequivocally and honestly.
@Phil:
Guess what? I saw some of the Landless Peasant party in action round here!
http://www.largavistaranch.com/image/raw-milk-cows-grass-pasture.jpg
They resemble ruminates because that’s the only action they are capable of! But the elite find them essentially handy.