Stacy Summary: Update on the Greatest Depression.
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ref. max keiser – Get 6 mo’s free storage
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Rick Ackerman-
- Karl Denninger – Market Ticker
- The Big Picture
- Mish
- David Morgan
- King World News
- SmartKnowledge
- GoldCore
fiat money and the french revolution
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crash banksters – Buy Silver & gold
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uno’s
Zwie
i thought we are coming out of the dark ages….it seems like we are going into one…!
Interesting allegations about salted tungsten gold bards,
Regards,
JQ
http://www.youtube.com/watch?v=M0-hGHJSgNA&feature=channel
Here’s the link
Regards,
JQ
Ben Fulfords comments are faaar fetched….thats exactly why I like it
here are his new ones
http://benjaminfulford.typepad.com/benjaminfulford/
I guarantee they are still pressuring high school kids to take student loans to finance their college. The culture is still stuck in the 1990′s where “if you graduate they will hire.”
And student loans are essentially non-dischargeable debts in bankruptcy, thanks to the 2005 “reforms” nobody seems to care about repealing. Oh, and the lender’s are guaranteed to get reimbursed from the Feds 100% of the loan.
I’d like fewer street lights at night. It will allow for better star gazing while I’m high.
But it sounds like the clowns at the city are still charging the SAME TAX RATE FOR FEWER SERVICES, which is a classic example of CITY GOVERNMENT ineptitude. Short-term thinking with NO REAL PLAN.
@Stacy: Less power consumption equates to fewer carbon emissions from those nasty coal power plants. So I figure you’re a fan of this move.
@in2dwww
@in2dwww
lol
It’s more Like if you graduate and are willing to lick ass u get a Job
Unless u are really brilliant
Like I said before Your boss hides lame ass Info which anyone can understand Case in point Soros
Sataym’s CEO first called all the Banky boys n Told em I’am goin Public HDFC n some other banks sold shares at 4$ before it collapsed to 12 cents a share within 2 weeks
All Insider trading remaining public was WTF
i really feel sorry for the young people who worked hard and went into debt for that diploma. no chance of a job and half a house payment gone. as far as street lights they should put a solar panel on all of them.
IF LLOYD BLANKFEIN IS DOING GODS WORK THAN GOD MUST BE A PIRATE BANKSTER
Hermann Wilhelm Görings mother once said: “I always had a hinch about the little Hermann becomming either a great politician or a great criminal”. “How surprised I was to see he had become both instead!?”
“The Federal Reserve may cause another crisis by botching the withdrawal of liquidity from the U.S. economy, Morgan Stanley Asia Chairman Stephen Roach said.”
From: Thoughts on Fed’s Exit Strategy: Stephen Roach vs. Mish http://tinyurl.com/d8q6j
Very important is the question from which U.S. Economy Bernanke is actualy withdrawing this liquidity? In effect liguidity was and still is drawn since October 2008 from the real economy cause banks wouldn’t lend anymore because somebody put a stick between the weel of the money machine. Banks didn’t lend to each other anymore out of mistrust and money became tight.
The stimulus was like throwing virgins at a vampier.The stimulus money was not used on main street but sat on and recycled within the system or essentially used as chips to make more bets and prop up stock markets to make easy insider traders money. The drips of stimulus leaked into the real economy where short lived and completely inadequate to give any help of lifting the economy out of it’s crises when the real systematic problems are in denial and covered up by Printing Press. It is the Japanese way in creating an ever lasting crises situation which I think, more than 10 years of a crises situation now in Japan sufficiently deserves that name since it never was stopped. Banks, creditcard consumers and the real & commercial estate business are still in the deleveraging fase. For every business and bank which goes belly up in the real economy there is a trail of destruction tailing this particular part of the financial food chain.
In the crony Wall Street economy with essentialy free money to play with money is pumped around like there is no tomorrow simply for the sake of it cause the more you pump around the higher your fees and bonusses you can skim off. Who needs a real economy when you can fake one and be the bank who never loses? Investing money in busnisses is much to risky for Banksters who can make more in the betting business, according to their addicted deformed God complex “Too Big to fail” philosophy. But unfortunately they also risk much more in their crazy bets which risk is now shamelessly put ontaxpayers accounts whitout any recourse and hidden in toxic wating dark pools of destruction. And nobody even Obama seems to care.
“Obama is a smart guy” you here people always say ” but…” I care to differ cause how else is it possible he has such a bad pick of specialist in his so-called “Obama Team.”
Take Lawrence H. Summers for instance. The former Treasury Secretary during Clinton period who supported the Repael of the Glass-Steagall act which turns out to be a very, very bad move.
Lawrence Summers was forced out of the Harvard presidency for formulating a personality cult and made some very bad financial decisions solely to promote his “financial weapons of mass destruction” derivative scemes which devistated Harvards financial base and still cause them a lot of trouble today.
Summers helped forcing out the head of the CFTC, Brooksley Born, out of her position effectively because they didn’t like her stand on regulating derivatives at all by making the CFTC a lame duck by stripping it out of it’s effective regulating powers. This was pressed upon to Congress by Greenspan and his sinister followers like Lauri Summers. They introduced the “Law of the Jungle” into the derivative world what deregulating comes down to in practice. It practically gives “A licence to steel” without recourse to the crony bankster class on Wall Street. On top of that get even rewarded with free money to play with, bigger bonusses. And when big bad boys get rewarded for doing more of there bad dude deedings it isn’t strange at all to think, as a big bad boy that God must be on your side why else would he reward me like this? It’s easy to get into a Pavlov created God complex delusion when money pop thinks it’s OK to let the little Timmies and Wimmies climb in the curtains and even reward them for it.
This corrupted crony class has created financial weapons of mass destruction or black holes to hide their stupid betting losses on their big toxic unnumbered off balance sheet zombie accounts in their shadow banking system. These huge sucking black holes are not easy to spot. Only when money is sucked in from the outside one can actualy see them for a while and you learned that they still are there. And often bigger than you think also formal Treasury Scretary and debunked financial guru Allen Greenspan later had to admit. His Neo-Liberlistic inspired and hihilistic perpective of chasing deregulation as a dogma and “A good idea” is denying that “greed” ever existed in this financial Jungle and thus doesn’t need to be regulated. How stupid trail of thought is that? Brooksley Born was right and Summers was wrong but nothing from what we’ve learned seems to siple through to the God like creatures on the Hill with their crony capitalistic Wall Street Big Brother in Crime & Co. actors cause I shouldn’t call them banksters anymore. Even an untrained monkey of the Jungle can make more money when you get for free.
There cry for more bank regulation is completely fake cause the banksters have invested a lot in lobbyists and politicians to be sure that their interests keep being deregulated and hidden in non-transparenty and that’s the same as creating an conspiracy behind hidden walls of secrecy and behind all stakeholders benifit who suffer more and more on daily new created debt while the real economy is butchered and feeded upon.
Why is it so difficult to reverse the 1999 Repeal of the Glass-Steagall Act? Why not democratizing the monetary policy by taking their control over the monetary policy by making the illegal FED really Federal and skip out J.P.Morgan out of the equation during this process which saves the American Taxpayer 3% of unnecessary luding. The FED is not really Federal now but a couple of private banks owned by a hand full of crony families. What’s needed is “Financial Disarmament” which means dismantling the shadow banking system and freezing the instruments of speculative trade and dismanteling all the financial weapons of mass destruction like the derivative for instance.
Is it so difficult to stop expensive wars and bailouts? Is it difficult to reverse the very good rules of the past which had been proven to be working just excellently before they were set aside? Set aside in world of a manic Neo Liberalistic deregulating politics in the so-called self-regulating markets which turned out to be fiction and pullaging pirating banks a fact! Why not reverse the very bad decision made back in 2000 when derivatives and credit default swaps were excluded from any regulation. In 2004 they made the biggest mistake by setting aside capital requirements by exempting the investment banks from maintaining reserves to cover losses on investments engineered and this allowed the investment banks to leverage financial instruments beyond any bounds of prudence.
This only can be done if the current failing financial hanky panky hokes are removed from their offices. Why not start publishing real figures again which are “for real” this time so confidence can be restored a little. Separate the bad mortgages from the good ones and evalue the mortgage-backed securities accordingly. Sort out the counter party risks for credit default swaps and interest rate swaps and let the whole sharade end. Every show has it’s end and this dog and pony phony show has been on far too long already.
Obama is the master “distracting act” actor in this play while Chief Executive Lloyd Blankfein can lay off his God complex on the people by nailing them to some pole like we are all Gods created little Jezuses. They think God must be very proud on them and that’s true when you think your God cause who does like thinking bad of himself? Obama even recieved some sort of sine from God in the way of a Nobel Peace Prise in reward for sending 30.000 troops more to Afghanistan. God must be gracious cause he just proved it but must be living in Alice in Wonderland upside down world were peace is war, more unemployment are greenshoots, climate change is climategate hiding the decline. Yep! “The Lloydy Lord does do work in mysterious ways, sometimes.” thinks Lord Bankfein in one of his many God complex created delusionary characters.”Yep, Lloyd Blankfein must be a reincarnation of Lord Bankfein from a time when all the banks where fine but now everything is mine.” Creating one big world crises is difficult enoughreckoning with all those time zones but creating an ever lasting crises is simply too fuck’n cunning brilliant not to be Gods work.
Hi y’all, yes, shut down those citylights, simply switch on on demand ,-)
First day at COP15, freezing cold, acreddited people had to wait 6 hours to get registered, then have to wait to get in..Did a couple of interviews (one with the Hopenhagen ambassador David something)..No wireless connection tough so no video upload.
Current negotiated targets guarantee 4 degrees temperature increase. Nothing achieved..
Dunno if ya guys saw Peter Schiff on higher education it was 33 $ or something for around 40 years in the late 18th Century trying to find that vid
How government programs drive up college tuitions
http://www.youtube.com/watch?v=AIcfMMVcYZg
I tink tis is it
right, proof of my financial ineptitude- I have had this annoying student load payment, not a huge one, but it never seems to decrease cause of the accruing interest on it.
What’s worse is that I studied (gasp) music which is like the most worthless thing a person can study. But whatever because my degree allows me to work in a foreign country. Status bullshit. Anyway I made the decision to go so I’m gonna pay that fucker back somehow. That’s the one debt I have to eliminate and then woo hoo solvency.
So unless you study something useful like medicine or science or technology, fuck college. But kids and society at large are so brainwashed into the higher debt-ucation system, it’s really sad, and ultimately my parents gave me the big push – I didn’t want to go (hence the music degree, that was all I cared to study when I was 18). One relic from feudal times that’s kinda cool and I would like to see more of is respect for the apprenticeship model of education. Like a kind of internship education trade skill building life way to earn your keep in the world. Yes.
@ Jeemobon
Dunno how old u are I am 33 but music is good if ya think ya good but dont dispair
Any freakin complicated so called Job on earth requires 6 months training unless you are in a league of your own
Freakin The CEO’s of banks have no clue
Max Keiser could shoot anyone of em down in 3 minutes Each given 2 days to prepare
@Jeemobon – Thanks for that post.
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Gold & Silver price as Google Trends search terms headed up:
http://google.com/trends?q=gold+price&ctab=0&geo=all&date=all&sort=0
http://google.com/trends?q=silver+price&ctab=0&geo=all&date=all&sort=0
Student loan default?
Maybe these are unilateral “self-bailouts”?
Who’s going to pay a student loan before the payments that “matter”?
Jobless recovery and the WTO
http://www.youtube.com/watch?v=j6_yqeg4Xms
@Jeemobon, I too have a music degree, and no, it didn’t exactly lead to well-paying employment. On the other hand, while my friends struggle to find work, at least I can make some money teaching piano lessons and having the occasional accompaniment gig. And my job can travel with me.
There are lots of ancillary skills one learns in the music field- event planning, advertising, time management, etc. These are easily transferable to non-music fields, unlike that English Lit degree. Hang in there, continue to love your music, and know that the knowledge never becomes obsolete.
I knew it. Been saying this for awhile now. Student tuition is somewhat like the mortgage market.
Regarding the students story, I was surprised to learn that foreign students learning in the UK amounts to an 8 billion industry. What I was not surprised to learn is that this industry is under threat as non-uk people are beginning to consider the UK University gravy train a waste of money and are finding the answer to their intellectual needs elsewhere.
Jeemobon: You ain’t the first and you won’t be the last. Actually music is quite a cool thing to study. Music is the back door to the mind. So all you have to do is work out the correct frequency to auto-suggest to people that they put their hands into their pockets and pay-off your debt for you. Voila!
If you studied medicine you would be drugging them, philosophy – bullsh*ting them etc etc
To all those who love to post FIRST – DIE DIE DIE
that out of the way, in re to “Cities shut off street lamps to save money”, what would Rumsfeld say? He loved that photo of the lights out in North Korea. Apparently the fact that those fuckers turned their lights off makes ‘em evil. Are we joining them now? Were they not the smart ones? Fuck, make your minds up, lights on or off?
http://www.dailymail.co.uk/news/article-410158/North-Korea-The-Bomb-doesnt-electricity.html
No street lights?
How am I going to find the Hookers?
I would suggest all students should short all the student loan companies
as a hedge all the way to the bottom and then load up when they get bought by the gov.
Cash out and pay back your loan.
Take a lesson from G/S class
@ Gary Null
No street lights?
LOLOLOLOL
I remember me Dad paid around 500 $ for me Elder brother Education till BE Mechanical (ie from Grade 1- 12 inclusive)
He got his Engineering Degree in 1991
not even 20 years up and 10,000 % increase
Now Engg. alone costs 4000 $ or more in India
Something is seriously wrong with the world
Peter Schiff debates David Epstein of Columbia University — Nov 11 2009
http://www.youtube.com/watch?v=zM23TZxzOw8&feature=channel
Iceland odds and sods:
http://www.wikileaks.org/wiki/Icesave_debt_negotiation_email_between_Indri%C3%B0i_H._%C3%9Eorl%C3%A1ksson_and_the_IMF%27s_Mark_Flanagan%2C_13_Apr_2009
and with the postcodes
http://www.wikileaks.org/wiki/Full_UK_postcode_location_file_turns_up_on_Wikileaks:_is_that_useful
China has her cities turn off their street lamps all the time to save power. Usually just the smaller streets. There are also scheduled brown outs for certain part of the cities during day time too because they don’t have enough power to meet the demand.
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Merrillville has turned off every other streetlight on its main roads. Valparaiso is turning off every other light in some areas and has set others to turn off at midnight. Muncie officials say the city will shut off 85 percent of overhead lights to help balance the 2010 budget.
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For visual light astronomers, this is good news — the US has a huge amount of unnecessary and poorly directed street and city lighting in general. With this 25-35 year depression there is a possibility of fixing the problem once and for all.
As odd as this news may be it is good news…
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You so have to add this video!
Amusing, but I did not listen to the Audio…
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12 Months of Default
http://www.youtube.com/watch?v=M_J7gXDr3GA&feature=player_embedded