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[OTE32] On the Edge with Max Keiser . . . and Edward Harrison
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I was subscribed to the Max channels on Youtube up until this broadcast – The Climate Change nonsense about the Dubai Castles built on sand statement at the beginning really bugged me.. After a bit of consideration, I cancelled my youtube subscriptions to Max…
Sorry dude – I’ll miss your financial sensibilities, but I cant listen to you spouting duff pseudoscience from proven fraudsters..
Excellent show once again. Only point of disagreement is the ‘peak sand’ issue. Just one of the scams associated with the climate change mega-scam is the issue of sea-level rise. It isn’t happening. No real-life science to support this, only over-simplified computer models that have been shown to be grossly in error.
Other than that, keep it up!
Jesus H. Christ Max,
Sea Level is not rising. You are to intelligent to buy into this bullshit and it pisses me off that you would.
Get the facts dude. AGW is bullshit and it really hurts your credibility; and that is a shame because in so many ways You and Stacy are providing some of the best stuff out there in the alternative media. It pains me that you can see the banker oligarchy playing games in the financial sector but you refuse to see their hands involved in the contrived environmental sphere. Wake Up MAX. They want it all and that is the entire planet to themselves with as few people as possible to get in the way. If you really are a champion of the little guy then stop disseminating the propaganda of this Eugenicist Banker Death Cult. If you didn’t notice the sentiment at the Deathenhagen meeting it was this – generally speaking, the brain dead enrirzombies in the conference center and on the streets were not interested in viable alternatives to fossil fuel because as George Monbiot claimed in the last days of the summit – man will continue to pass from one existential threat to another and their is no technological fix for that because there are just to many of us. None of the Malthusian prediction that have been made in my 46 years on of life have turned out to be true and yet we are suppose to give these well funded frauds control of humanity. I have a better idea. Take the control of money out of the hands of private central banks and return it to the people where it originated and where it belongs; and then give people the Freedom to find solutions to their energy needs. Let us not choose technocratic control and enforced death over the struggle and life.
My Love to You and Stacy,
Max: Goldman Sachs didn’t just take the TARP money and use it for bonusses. They also used it to buy equities and speculate in commodities like oil. IMHO you aren’t giving the banksters the “credit” they deserve.
When there’s nothing of any value on TV, I will not buy a big-screen TV.
@Dan/Underfunded – Digging your punk rock thread.. check out this link.. my mate does a Hardcore radio podcast every couple of weeks.. this should be right up yer alley!!
http://www.profaneexistence.org/radio-podcasts/scairt-radio/678-scairt-radio141209
i get the felling everyone is trying to figure out how to claim the wealth the bank created out of thin air
whose funny money is it now?
we are all squatin’ on the man’s reservation
its’s the banks money/oil/air/life
we’re just renting it
Iranian forces take over Iraq oil well
Hic
http://news.yahoo.com/s/afp/20091218/wl_afp/iraqiranoilborder_20091218153543
Whats wrong with Iran
Another country playing with fire.
Looks like they gonna fall for it Hook, Line & Sinker.
Buckle up peeps
let’s all try something dadaist
an exercise in cacaphony,
take your next utility bill and treat it like income
deposit your bills and draw on them
why let the banks have all the fun?
until we break the cycle of fear they will keep pushing us,
besides what do we have left to lose
our kids respect?
we lost that a long time ago
@ bonn
it was april gillispe, if i recall, bush I’s ambassadar to iraq that told saddam “we have no inerest in inter-arab affairs”
april was sent by jim baker. The cia in kuwait could see saddams forces from there hotel window.
But in the end we shook off that ‘viet nam syndrome’ as bush called it, that seemed to be a monkey on the spearcarrying pst-sufferin’ tax-payers back.
@ The Underfundedmentalist
when saddam set fire to the fields in ‘91 there wasn’t as much volatility as we’ve seen lately,
Da ya know why he set fire to those Oil fields ?
USA had given Kuwait Oil drills which went latterally into Iraq’s Oil fields thats why Saddam got Pissed off and attacked Kuwait. And USA said go ahead we wont do anything Hic
Little did Saddam Know what kinda loonatic Country it was up against
Hic
@ bring it on BONN
sad but true,
the patriot act excempts big pharma from financial responsibility of any forced vacination program gone awry,
some incompetence!?!
these guys know how to cover their assets
@ dan
the oil cartell buys low and sells high like nobodies business, the volatility in oil has been due to manipulation both physical and pyshcological, when saddam set fire to the fields in ’91 there wasn’t as much volatility as we’ve seen lately,
regardless of how much oil is left the cartel controls the spigot of energy, coal, nuke, wind, what have you, they will substitute whatever is cheapest, if anything is peaking it’s their access to the cheap stuff in iraq which was never destined for the western hemisphere anyway,
those tankers get lousy mileage,
canada, mexico, and venezuela supply oil to america, maybe those are running low, maybe not, the stuffs a mess, (if it ain’t hemp you’re being shemped), but who is negotiationg the deal for the american consumers, exxon/mobil? of course the price is gonna be steep, just like when big pharma negotiates your doctor bill
on a personal note
durring the oil embargo in ’76 my older brother would go to mc donalds and buy coffee buy the dozen to sell it to the people in line for a 1$ a cup, back then it was 10 cents a cup
CommonSense you speak the truth mate. The medieval warming period of 400+ years with higher temperatures than today and higher agricultural yields…and not a single Chinese coal power station in sight! Those scientists at the Univ. of East Anglia CRU shot themselves in the foot big time. This 1 incident alone has made a lot of people around the world do a 180 degree turn on AGW. Wonder what else the buggers are covering up? Very happy with the lack of anything ‘substantive’ at Cop15 I must say. Now let’s have a proper conference dealing with real human issues like Afghanistan, Palestine, the Financial crisis, etc.
@ Dan
breakfast….its afternoon.
I am one lazy bum I sleep at 2 am wake up at 1 in the afternoon LOL and yes it is 2:11 in the afternoon
More like Brunch LOL I generally have only 2 meals a Day
@Bonn…breakfast….its afternoon.
Senior Merck Scientist Admits Cancer & AIDS Came From Vaccines
http://www.youtube.com/watch?v=lCus0zB_ilE
Don’t know if tis is real or phoney
Paging Caifornia Doc.
Hmm errr I have nothing else to do LOL
Gotta make Breakfast
Crap
Paging Californian Doc
Give us a heads up on the Vaccine plz
@Bonn…climate change is code for peak oil.
http://www.infowars.com/student-suspended-and-assaulted-for-handing-out-anti-vaccine-flyers/
the best part is that you cannot even sue the drug company if you develop a problem from a vaccination because it is the law to protect them from prosecution
Is this true ??? Peeps
Trying to find more Info.
Inflation Nation The Movie Part 1/3 – Dollar Collapse Ft. Peter Schiff Ron Paul Faber Rogers
Part 1: http://www.youtube.com/watch?v=TFosYbhRwQc
Part 2: http://www.youtube.com/watch?v=hliIWY9MQTk
Part 3: http://www.youtube.com/watch?v=fAiPFOQHAps
@Underfunded….All excellet man….I played the punk circuit for a couple yrs mostly NY, Seatlle ,and Philly…but Germany gave us a lot of love…they are an insane audience…..Lets turn DC into a Mosh Pit from Hell.
I would love to see Al Gore present his findings in a debate with real scientists.
@dan my man
bad brains, dri, reagan youth, wasted youth, youth brigade,
dk, di, gbh, sst, doa, jfa, rkl, mdc, public enemy, suicidal tendencies, jerry’s kids, angry somoans, the dickies, sham 69, ch13, union13, the exploited, subhumans, adolescence, agnostic front, extreme noise terror, the vandals, circle jerks,
dr. know, government issue, zeke, Sabbath!
@Warbird….. LaRouche rocks….I wish ron paul would lay it out the way L L does.
green again
there is one other remarkable thing mentioned
in the tavistock, adorno and beatels series,
really about the congress of cultural freedom of 1950,
which the call congress of sex and fascism (mind control based on the Frankfurter Schule), one finds that Ezra Pound a nazi spy!
but that is a whole new can of worms?
http://www.solidaritaet.com/neuesol/ccf.pdf
well…it is -10 degrees here… it seems we are in a climate cooling now….
@ Dan
they can insert the green dildo in our rectum and choke us with carbon credits till we dissapear…..I for one think people wont go out
LOLOL nice one
Any f@#ker says Humans cause climate change
emm errr they dont consider the Sun
Is there any place on earth where the nights are warmer than the Days ?????
the freakin Sun heats up the Ocean we get clouds which (also reflect the Suns rays)
and cause the Jet streams which causes Cyclones
The freakin Contienents are still moving into each other
The Indian tectonic plate is still going into the China one I could go on and on nameing at least 10,000 other things that could affect Climate change
green again
there is an english version of their web
http://www.larouchepac.com/
but could not find a trans of that good article series
http://www.solidaritaet.com/neuesol/ccf.pdf
anyway who is that LaRouche?
@Bonn and Underfunded….its not convienient in the sense that now we are running out of oil as much as we are really running out and now they can insert the green dildo in our rectum and choke us with carbon credits till we dissapear…..I for one think people wont go out that quietly and will opt for self distruction thereby giving the PTB what they want in a sped up time frame….sadly there maybe a bit of infrastructure to rebuild.
@ troy oz
thr 3rd party is brought out of the closet every so often in order to front run and fracture any precieved grassroot threat, i fell for perot in ’92 (last time i cast), buchannon ’96, then there was nader in ’00(some still blame the election on ralph, i pin that one squarely on scallia, rove et al), kucinich in ’04, and ’08 yeah a dem but he scared the crap out of the establishment, and became more popular every time he spoke, so the networks kicked him out of the debate
debased and divided the 3rd party only has cameos in this punch and judy show
r. paul has been given more air time than the rest, espescially so early into the cycle, makes me wonder if goldman is sending obama a message
to be honest i feel most people either have no faith or, more frighteningly, no concern in the election process.
now i’m in the green party, i’m told our leader is an anarchist(?)
strange days indeed
@Underfunded,,add to the list… metallica…blackflag…misfits….ramones….leaky chipmunk…gwar…carnivore…marblehead…too many to name.
If only me Aunt was younger
Hic
Anyways I think the average Indian / Chinese is smart enough to call your Bluff
LOL
So are the Russians cause once ya corner a country the country starts to think Esp. if it is in recent History
LOL
all hoping that a third or fourth party wil gain control of things is living in a pipe dream. The big wigs control the voting machines and the media. You will obey to thier will is all that will happen.
A very few realize that the world in general is truly manipulated. But I’m afraid its not nearly enough to over come the control of the big wigs. Sorry. The masses for whatever reason are just breeding machines without brains to fight for a better life for themselves. At least thats what the powers that be are surmising.
greg palast does a pretty good job deconstructing big oil’s peak theory, what is peaking is the chance for the western oil cartel to place themselves between the cheap stuff and the developing eastern world, all the while tellin’ their plebes back home ’bout ‘national’ interests
And maybe Why a country name’s a Natural reserve as a forrest is because theres freakin stuff there Minerals and shit who knows.
Hic
Surely not to save the bees??
I remember when I was growing up (12-14yrs)in Bangalore I use to see lotta parrots I saw one every day
Guess what I have’nt seen a parrot in the last 10 years now. But they Did’nt quarteen Bangalore as a Parrot Reserve
LOLOLOL
And no one here realizes the big wigs control the oill in the world or anything else. And we here think were somewhat smart. Geez.
Its all manipulated by a very few fat cats. Has been that way for a while.
@ The underfundamentalist.
So it does not matter: Democrat or Republican; they all eat from the same trough
But where is the 3th political party in the US? The one Celente promised us before the end of the year.
Its all very convienent now that the 1st world countrys have built thier Infrastructure and houses and all
they shout
“Hey guys we hit Peak – Oil oh and yes Global Warming is also a reality”
WELL WELL
Here tis from a guy from a 3rd world country
“F#$K your Global Warming / Climate change we gonna burn Coal for Elecricity we gonna fart everyday and thers nothing ya can do about it”
And I am willing to bet a Dollar that we have’nt reached Peak – Oil
How can a commodity which was at 18 $ a barrel in 1998 go to130 $ a barrel in 2008 and then back to 40$ a barrel in 2009
And to add to all that ya have Dave Chapman and Estullen almost calling the price of Oil 6 months prior
Seems to me the 1st world countrys are trying to tell 3rd world countrys
Nope ya can’t develope
Trust me we don’t care
China and India along with our good friend Russia have huge land masses there is definately Oil out there some where
Hic
@ bonn
i agree
seems it’s always the salesmen that are tellin’ me there’s a shortage, i remember when we ran out of oil in the 70′s
how much longer will goldman need obama?
@ Mep
Besides Cheney’s comments, an ExxonMobil exec is quoted as saying, “To put a number on it, we expect that by 2010 about half the daily
Do ya think I am going to open a Document that has the letters Cheney on it ?????????
LOL
Just wait and watch there is no such thing as Peak anything
@ dan the man
thanx,
slayer and yeager make a great combo
Hey Max loved the show !
But that part at the top about the island.
It’s sinking at present but the seas are are not presently rising.
On average over the last 250 years the sea level has gone up or down about a foot . No big change.
so the unitary executive owes goldman sachs a favor?
c’mon! real dictators take out the people who helped them ‘get there’, obama certainly had the popularity to do this, (would have made bigger than ceaser) but he knows who he works for, do the rest of us?
@Underfunded….with regards to your same as it ever was …synopsis
@Underfunded……BURNING DOWN THE HOUSE!!!!!
durring obamas campaign the right side of the media made a big deal about “where!?!” was all his money was coming from, foriegners? terrorists? radical liberals? abortionists?
guess they had to wait for left side of the media to crack the case, pbs must have one hell of an investagive reporter to think to call matt taibbi to break this big story, a year after the election,
and what’s that silence? not a peep from the right side of the media sayin we told you he was no good?
the plot is thinning
Very bright, likable guest. He has a great grip on the situation. He says similar ideas to Steve Keen of Australia.
Giuseppe Bagodonutti , ha ha ha I love the handle!
VM
MATT TAIBBI: Most people that I’ve talked to have taken one of two positions on this. One is that Obama was naïve, that he doesn’t know a whole about the financial services industry, and he felt the need to rely upon people who’d been there before, people who’ve had these jobs before, and you know, who have this expertise. And there’s another school of thought that look, he took more money from Wall Street than any other presidential candidate in history. Goldman Sachs was his number one private campaign contributor. And if you just look at the evidence, it’s just really business as usual. This is what the Democratic Party has done since the mid-’80s. They’ve relied heavily on the financial services industry to fund their campaigns. And it’s the quid pro quo. They gave a lot of money to help these guys run, and in return, they get the big jobs, you know, in the White House.
same as it ever was
@ Under – Ahhh. Gotcha.
@ all – Matt Taibbi on Bill Moyers: http://www.pbs.org/moyers/journal/12182009/watch.html
We have no right to drop missiles?
Yo, that’s how unitary executives roll. They don’t need no stinking badges! Capice?
Strange, but since 9/11 this has been the new law of the land of the free, whatever, wherever, basically terror for profit.
See, it’s public anarchy for corporate security.
Cash from chaos.
@Will
http://www.mossdreams.blogspot
Shamans, dreamworkers, writers, a great balance from this.
@mep
wasn’t givin’ his lawlessness props
just pointing out the change in sales pitch
@ Under – How can you complain about Obama while also siding with his adoption of the Bush doctrine? We have no right to drop missiles on countries that we are NOT at war with.
pre-emptive strike?
bin laden is yemeni
guess that’s not the look bama’s goin for
let’s see if I understand this,
the big banks printed up a whole bunch of funny money
and now we are all to fight each other over this funny money
i don’t know what’s more funny
people or their money
Obama orders military strike on Yemen:
http://abcnews.go.com/Blotter/cruise-missiles-strike-yemen/story?id=9375236
Gotta love the pre-emptive strikes.
RE: Glass Steagall, my non-financial-analyst opinion is that it has to be brought back. Mr. Harrison singles out Bear Stearns and Lehman Bros. and infers that Glass Steagall wouldn’t have stopped them from getting into trouble or going bust. But he doesn’t mention the hundreds of trillions in the derivatives market or the fact that JPMorgan Chase is a quasi-monopoly in that it controls nearly half of the US derivatives market. (At least, last time I looked at the data, JPM owned/controlled/whatever you wanna call it 40% of the derivatives.) No institution should be able to take on that much risk. The repeal of Glass-Steagall is what allowed the culture of wild-west gambling to come into being.
On compensation and the actual economy, the financialization of the economy and the ever-ballooning compensation packages of those in the finance sector is largely responsible for the widening inequality gap. I don’t think that governments should be able to dictate compensation and I don’t think that giving shareholders a “say on pay” would have much of an effect on insanely high compensation. But I know that Glass-Steagall would remove a lot of the perverse incentives that exist now–thanks, in part, to banks acting like hedge funds. Putting it back in place should remove a good deal of the incentives to steal, defraud, or gamble with reckless abandon and should ultimately deflate earnings packages (not to mention the egotism that leads people on the street to believe that they deserve to make millions more for shuffling paper based on their “performance”).
On people blasting Max for taking about Peak Oil and telling him to “stick to economics” (I’ve seen similar comments here before) . . . seriously? Who wants to take financial advice or get financial news from someone who doesn’t acknowledge the centrality of oil to the market economy? Or, from someone who either is unable or unwilling to connect the dots between other economic matters involving oil, like, let’s say, war? Please don’t tell me that there are people here who believe that we’re occupying countries for their oil and resources, but at the same time think that it’s all a coincidence that it’s happening now. The coming “green economy” isn’t a coincidence, either.
@ dan
yeah govts. suck
but this one sucks you dry
Max and Stacy,
Where do investors go when USD and EURO are weakened. It seems like the battle of the duds at the moment, but they are still the biggest currencies in the world.
I hear it said that investors are returning to USD as Euro fears strengthen (ie greece, Spain, Ireland).
I guess Max will say, soon they will ‘get it’ and go to Gold and just dump all fiat currency, which is ok if you have 5-10 years to wait.
I am finding it very interesting.
‘ We can stop the federal government at our respective state lines’
It would be a lot easier if our national guard was home
Government SUCKS – Alex Jones interviews Lew Rockwell
Stream the interview here:
http://notreason.com/2009/06/12/lew-rockwell-on-the-alex-jones-show-mp3-audio/
Download here:
http://notreason.com/audio/lew_rockwell-infowars-thurs-110609.mp3
The federal government does what it does but it takes the acquiescence of the state and local authorities to implement their policies. We can stop the federal government at our respective state lines as they do not automatically have jurisdiction within any of the 50 states party to the Constitution. To do this we need to redirect the focus of our state legislatures. This Pink Slip and Notice and Demand is as the proverbial two-by-four that will get their attention. The People have the ultimate power acting through their states to manage the federal government.
Pink Slip and Notice & Demand
http://www.ubotrust.com/pinkslipyourstatelegislature.html
So damn obvious.
Delegates bicker at Copenhagen until…….
…..Obama arrives and there is a ‘Meaningful Climate Deal’
Obama is doing God’s Work, there is no doubt……..
Well, isn’t there?!
This is getting sickening.
oh, change is comming alright
@Youri Carma,
RE: Chem Trails.
I have a question.
Normally, what you see from a jet plane is moisture condensing from compressed heated air, (which hold more water vapour than cold air).
So the question is; if they are just filling tanks with liquid and then dispensing it, would this leave a cloud like trail?
@kricke242 – “It is over, the world need to find another future.”
@naomi – “Global warming climate change, sun spots, …..Clearly, our environment is in trouble. The causes are many. We can’t pretend these events are not happening. We see them with our own eyes and carry the toxins in our bodies…”
Reading this kind of stuff used to make me feel like there wasn’t any hope. But now I’m much less susceptible to being manipulated by guilt (e.g. pols spewing about Global Cooling in Denmark), mainly because I see how dirty the whole business is, as Naomi points out. Some of our leaders would sell their mom’s kidneys to get another page under their desk. I see many well-intentioned “normal people” working very hard to change their lifestyles to be sustainable. Meanwhile, the pols wine and dine themselves whilst devising new ways to tax us to death. There’s a world of difference between a person who lives their intentions versus a person like Al Gore who merely projectile-spews about them, grabbing every BennyBuck he can in the process.
For another thing, living in Central America taught me that the Earth can take care of herself – if she gets tired of the annoying fleas on her back, she will shrug them off. It was much harder to get this living in “developed” countries, where the attitude is “If there’s a tree in the way, cut it down.” If you do this in Central America, next month the side of the hill might be gone because that tree was really important. The lesson I learned is that I needed to cultivate an internal respect for the balance of nature and live it, rather than allow myself to keep consuming and expiate my sins by buying indulgences from Gov’s high priests.
Right now I’m reading the books of people who have been researching shamanism such as John Perkins or Dr. Alberto Villoldo. While the concepts and actually carrying out the task of developing a vision are somewhat difficult for me because I spent most of my career doing very left-brain work, the more I learn the more it makes sense. John Perkins in particular is excellent and is what got me started down this reading path – I started with his earlier works and see the progression, because he was so intimately involved in creating the mess we are currently in. I think he learned first hand that we can’t expect any solutions from the people who created the problems – although on the surface this looks like the pols, the deeper I examined what’s happening, the more it seemed like I should be looking in the mirror.
So I’d just suggest that if anyone feels hopeless about where we are right now and where we’re going, that it’s worth exploring some alternate ideas. If shamanism and visioning sound too “woo-woo” for you then forget it; but people always need a vision as well as leaders who will at least start to create a new reality. I’m also finding that spending time visioning balances out the time I must spend doing my job, reading about all the unbelievable crap and criminality that’s happening nowadays. I also recognize that each person has there own path on this subject, so if this grates on your logic or anything, just scroll on by!
We can no longer allow others to control or look after our own financial well being.
This includes Banks, Pension/Superannuation managers, Fund Managers, etc, anywhere you hope to ‘get ahead’ you must do it yourself and learn what ‘they’ know.
That way we will no longer rely on banks, money managers etc and therefore will not need them.
We must make them redundant and take responsibility for our own wealth preservation. Do not trust anyone with your money, especially governments. Governments more than anyone in fact
doesn’t seem to matter whose flag is on that oil well
everybody already knows who it really belongs to
@Youri
You can leave the vaccines out of the equation
VLPs are going to resolve the Egg-based vaccine disaster…
Especially the ones made from TOBACCO plants (wrap that one around your head and meditate for second)
I don’t know about the caterpillar vaccines… that stock (NVAX) has been taking a hit as of late
V.MDG FOR THE WIN!!!!
The NWO is impotent… they need something akin to Social Viagra/Cialis/(that other wiener hardener drug) to convince the proletariat at large
that THEY are in charge…
Times is a changin, brudda…
at least from the wrong side of the tracks
The NWO is hitting us from all sides and they will intensify it all to 2011. Economically, Chemically – Vaccines, Viruses Chemtrailing, Wars and trough the food and drinking water. Food will get extremely expensive as predicted and playing out right now.
Unanswered Chemtrail Questions… As Evidence Mounts http://rense.com/general86/unans.htm
RE: IRAN IRAQ OIL HUB-BUB
http://english.aljazeera.net/news/middleeast/2009/12/2009121816934643863.html
Apparently the Fuckwad Oil Fields have 1.55 million barrels of oil reserves…
that’s like scraping leftovers from the dumpster….
BWAHAHAHHAhahahahah
stupid assholes…
no wonder the AMTT aren’t covering it…
I guess a bunch of punkers taking over a shit-hole bar in Vancouver would generate as much attention…
but note that the IRAQI military haven’t resolved the situation…. Hmmmmmm
According to the article, it’s a regular occurrence…
OK… on ignore it goes…
@Marrietta
Thanks for the link. I was the one who mentioned Connell. Wayne Madsen also reported that Connell knew of live stream going into the Whitehouse of torture going on in Iraq, right into Dick Cheney’s office.
So strangely funny: Ukraine H1N1 Cases Explode – 507 Dead now in a relative short time but the MSM like Reuters who have been pushing this H1N1 story whole summer give a damn now!
2,690,563 Influenza/ARI
156,272 Hospitalized
507 Dead
The above numbers are from today’s Ministry of Health update on the H1N1 situation in Ukraine. Deaths have passed to 500 mark, but the above numbers show a major jump in cases, which are 143,961 higher than yesterday (see map). Donetsk increased 16,352 to 225,476 and Dnipropetrovsk increased 15,236 to 297,971. The latest figures extend a reversal of the downturn and clear represent a new wave in Ukraine. This new wave suggests similar results will be seen in the region, setting the stage for a major peak throughout the northern hemisphere in early 2010. http://tinyurl.com/ykfl6pq
Global warming climate change, sun spots, …..
Clearly, our environment is in trouble. The causes are many. We can’t pretend these events are not happening. We see them with our own eyes and carry the toxins in our bodies…
What I find troubling is somebody is making money off of the concept of global warming. Did I read that the person who came up with the idea of derivitives at JP Morgan is helping Goldman Sachs get a handle on the next “bubble” of cap and trade?
See, this is what everyone is disgusted with. When you have heavy money behind anything, science and scientists and be bought, twisted. While the truth needs to be found.
I don’t fault Max for looking at the degredation of the environment. The sea is becoming more acidic….hello! Ice that has been around for thousands of years is melting….hello! Human beings are a blight on the environment because of greed.
Reason would be a good thing. Data that is not changed, political agendas attached to an environmental mess this is what we most do not need now.
This may have already been discussed.
A “Deep Throat” has surfaced in the Mike Connell plane crash case:
http://legalschnauzer.blogspot.com/2009/12/deep-throat-emerges-in-mike-connell.html
@Giuseppe Bagodonutti
Havn’t been following it closely but they say:
Iraqi official: Iranians seized Iraqi oil well http://tinyurl.com/ybhybho
Iraqis say Iran has seized oil well in Iraq, demand withdrawal http://tinyurl.com/yajsutt
As predicted the war mongering against Iran would intensify leading up to a war round 2011 -2012 first with Israel which is planned to escalate later into WOIII. Cutting countries off from oil or other necessary supplies will push them to go to war just like Japan in WOII. I think they will pull the same trick again by isolating some country from supplies leaving it no other choice than to go to war.
@Gordo:
Many scholars believed that the government imposed austerity measures turned the banking crisis of 1929 into the Great Depression.
First Major Act of Civil Disobedience Against Obama Concerning War
http://www.youtube.com/watch?v=kPiEEPfW7O0&feature=player_embedded
errrr
ASS-munching Turd-Tokers
@Youri
RE:Crash of the yankee buck
I don’t try to look that far ahead
I’m a trader at heart
not a Jim Rogers investor…
My prediction is only 1-2 months maximum…
I am basing it on the 5 day chart of the DXY
and since PHIL was wondering about the POG (i.e. Price Of Gold) I was just putting my opinion out…
You don’t know what sort of BLACK SWANS may come up in 6 months…
But with Bernanke at the helm of the printing press, yaaaah… Should be a downer….
And what’s that shit I heard this morning about Iranians invading Iraq?
Was that the refugee rebels???
the Shit-Munching Turd-Tokers weren’t following that story very carefully….
Nonsense propaganda to try to push the problem to Europe (which exists although). But compare the default of California to Greece? No focus on Greece…. Most states in the US is insolvent, and that’s a lot bigger default than any European state.
And all this Glass-steagall – reform stuff, Goldman Sachs bashing is too late and irrelevant at this point. It is over, the world need to find another future. Max, just try to find a future, you can not enlighten anyone anymore and make any difference. We know the “old world order” is over, and need to find another one.
@Giuseppe Bagodonutti
Cause the dollar is going to continue it’s declining trend since it was based on the loss of confidence on the long term with all the printing press and so on. This has only become stronger now China is in roaring rivers too so is not eager to buy more toilet paper as it already has.
The prediction should be that the dollar is going to decline much faster in 2010. Even on the black streets the dollar is no longer welcome. if the dollar panic really kicks in there could already be a crash in 2010 but it could reasonably take a bit longer.
OH THE PALM PROJECT IS FAILING BECAUSE OF GLOBAL WARMING
I thought it was just because it was a fucking stupid project and you can’t create islands out of nowhere, but NOPE ITS GLOBAL WARMING
@Phil
Have you not seen
http://www.runtogold.com
Why are you messing around with the GLD and SLV ETFs ???
THOSE are seemingly rigged games…
no accounting for their actual stockpiles!!!!!
Play the MINER/PRODUCER/EXPLORERS
better beta… and actual data
not fantasy holdings
(granted, I don’t know of any MPEs on the US exchanges)
PS
I don’t see GOLD breaking 1080
(technically speaking)
http://news.goldseek.com/GoldSeek/1260888444.php
and judging from the MPEs on the TSX (and venture) that I watch, neither do they…
the Yankee buck is making a classic Elliot wave from what I see…
the spiral down is going to continue…
The fundamentals SUPPORT that hypothesis…
@ warburg sidney
That link with the Adorno mentions is a tease. Wish my Deutsch was up to the task. Noticed some unsavory characters in there, like fraud and eugenicist Margaret Mead. Thanks for posting it.
Again:
http://www.solidaritaet.com/neuesol/ccf.pdf
@ denningers graph
“watch out for that last step,
it’s deucey”
Believe it or not the Asians followed the austerity measures recommended by the IMF and they recovered fairly quickly.
This is essentially what Denninger is advocating.
Default–>contract–> deflate–> grow on solid foundation of low debt.
@ Common NON Sense
aha! Exactly like predicted, the last blow for the imploding economy Rising oil in some conflict is taking shape. And this is only the beginning.
Oil rises above $73 on Iran-Iraq tension http://bit.ly/5vXrCt
@jon
Actually I was hoping global warming was true and maybe Stacy also in fresh France but I am afraid I have to speak the truth and the real scientist confirm what was said in the 70 – 80 ties that we’re in a cooling trend which goes very gradual so hardly to notice just one life time with some ups and downs. If the sun stays sunspot sluggish we’re in for a cool surprise though.
But yourright getting sick of this climate BS regardless cooling or not, it doesn’t matter it’s only used to get your money out of your pocket – bottom line.
@brad
All this talk about peak oil and scaremongering and nothing about solutions cause they wonna get your money like said.
Over 50% of energy is from coal! The Sun is everywhere and isn’t fully used yet.
@Phil
this article by Denninger may be his best work.
Denninger …
There Is No Way Out Of This Box….
http://market-ticker.denninger.net/uploads/Dec2009/credit-all.png
… that does not involve serious pain.
Whole article here :
http://market-ticker.denninger.net/archives/1752-There-Is-No-Way-Out-Of-This-Box…..html
Max said the water is rising up around Dubai’s island because of “global warming”. You know it is possible that the sand is actually sinking and the water is not actually moving anywhere.
There is no such thing as global warming or a carbon footprint! I’ll prove it below:
Photosynthesis-
Carbon dioxide + water + sunlight = sugar + oxygen
CO2 going up would be a good thing, since trees/plants would produce more fruits/berries and more OXYGEN!!
Please educate yourself Max!
RE: Peak oil.
I use to think that maybe American Companies were just smart; not using up their oil reserves. Let every other country ship it to America, and when it’s all gone, at least they still have oil in their country to drill.
But it has to exporting inflation. (You gotta listen to Ron Paul) Americans don’t like $10 a gallon gas. How are you going to get cheap gas or goods. Give up your manufacturing, and oil industry, because, they can do it a lot cheaper than americans. I know Max and Stacey hate Walmart, but there is no way to keep up the lie or illusion without these cheap goods. The US dollar is going down the tubes.
The result is that America will suffer from Sticker Shock with the new prices.
@jon
DON”T CALL MY KIDS STUPID YOU ASSHOLE.
and wtf kind of answer do you have smart ass??
@ William of the North
Sorry 4 for 4.
@ brad
Yes I can agree with peak cheap oil. Being in the oil industry 26 years I can say that our efforts are following the law of diminishing returns for the last ~8 or so years.
Question. If America does not produce Big Screen T.V’s; If Americans are not buying big screen t.v.’s; How does this hurt the AMERICAN economy?
It might suck for China.
Chinese Banks on Notice: Massive loans compromise the banking sector’s ability to contain future risks http://tinyurl.com/yay8vhe
The Dark Gray Swan: No More Foreign Dollars With Which To Buy US Treasuries http://tinyurl.com/ybv369l
China PBOC Zhu: Shrinking Dollar Supply Means Harder To Buy Treasuries http://tinyurl.com/yklrxjq
HK, China shares slip; Belle Int’l lower http://tinyurl.com/yahsou4
@William of the North … The Euro-zone countries are going to find out how inconvenient it is that they can’t print/inflate their way out of their debt.
Yes .. exactly my prediction 9 years ago FWIW.
@ Gordo
Well, in terms of Max & Stacy’s community building efforts (presumably to effect some political/social change) in regards to “peak oil” they seem to have struck a middle way between waring camps I am also not a geo-chemist, but it is my cursory understanding of the topic that oil can be produced at least in part by an Abiotic process. Therefore whatever camp one backs we can probably at least agree on peak “cheap, easily obtained” oil and unify our efforts accordingly.
Perhaps there is a middle way on the AGW theory. Help us Max & Stacy!
RE: The Euro. And the Countries now on the Euro.
The Euro-zone countries are going to find out how inconvenient it is that they can’t print/inflate their way out of their debt. Greece is just the tip of the iceberg. Essentially, they have just put themselves in the same boat as a private citizen; no access to the printing press.
I would be willing to bet that Great Britain will outlast the European Union.
PS@Just a little Friday Funny :
Sort of reminded of the US Treasury Bond auction …. of course !
gold to retrench at 1040-1060 $ range, allowing chinese a huge buying opportunity . Co-ordinated world wide Manipulation at its best.
Just a little Friday Funny :
Young Chuck moved to Texas and bought a donkey from a farmer for $100.
The farmer agreed to deliver the donkey the next day.
The next day the farmer drove up and said, ‘Sorry Chuck, but I have some bad news, the donkey died.’
Chuck replied, ‘Well, then just give me my money back.’
The farmer said, ‘Can’t do that. I went and spent it already.’
Chuck said, ‘OK, then, just bring me the dead donkey.’
The farmer asked, ‘What ya gonna do with a dead donkey?
Chuck said, ‘I’m going to raffle him off.’
The farmer said ‘You can’t raffle off a dead donkey!’
Chuck said, ‘Sure I can. Watch me. I just won’t tell anybody he’s dead.’
A month later, the farmer met up with Chuck and asked, ‘What happened with that dead donkey?’
Chuck said, ‘I raffled him off. I sold 500 tickets at two dollars apiece and made a profit of $898.00.’
The farmer said, ‘Didn’t anyone complain?’
Chuck said, ‘Just the guy who won. So I gave him his two dollars back.’
Chuck now works for JP Morgan.
Compliments of amddj@IV !
http://www.investorvillage.com/iv2/smbd.asp?mb=476&mn=165206&pt=msg&mid=8332608
i”m always amazed that some here bitch and moan and complain about little bullsheet things like peak oil or water level risings.
Folks your getting robbed by goldman sachs and jp morgan chase. They’re stealling your and your stupid kids futures.
Chinese banks hide growing credit risks: Fitch http://tinyurl.com/ybx48j7
China Faces Crash Scenario http://tinyurl.com/yer4lkr
‘Sizzling’ Shanghai Homes Defy Tax, Bubble Concerns http://tinyurl.com/yfoekx8
Chinese Banks on Notice: Massive loans compromise the banking sector’s ability to contain future risks http://tinyurl.com/yay8vhe
PS@Iraq, Iran in Standoff over Oil Well
Iraq Denies Well Seizure
http://www.businessinsider.com/standoff-iran-denies-seizing-iraqi-well-2009-12
Makes one wonder if this isn’t a false-flag event to cause oil prices to spike !
I’m just waiting for the Iranians to deny it now !
One question …. People being forced to take so called buy out packages and the % of workers being hired to fill some of these jobs (for less $$). How is this calculated into the unemployment dumbers?
You now the people being forced out will most likely be squeezing their azz cheeks to get buy, thus not helping economic woes, and the people replacing will be off assistance, but still low paid slaves, wtf is the benefit to the economy here?
Iraq, Iran in Standoff over Oil Well
…On the surface, this may not seem like a big deal, but I think it is. From CNBC Street Signs
Copyright MSNBC 2009
Iraq Iran oil well wells field fields Israel Afghanistan Pakistan peak oil collapse movie Michael Ruppert standoff reserves CIA C.I.A. attack attacked prices futures commodities reserve…
http://www.youtube.com/watch?v=icvKb3bs9Is&feature=sub
@ brad
I have been responding to skeptics here for a while and they mostly it is tiresome. It is like I am being hit over the head with it.
They are continuously trotting out Gore .
Well I could trot out an array of bone heads on the skeptic side that would make Gore seem like a genius.
Not everything is some big global conspiracy to against the people. I trust a lot of people in the AGW camp. I have said over and over again that I do not like the Cap and Trade solution and many AGWers are the same. Most of these people do want to do the right thing.
I understand some of the skepticism because of all the lies we are fed on so many things. I suspect that we will have to agree to disagree on both the AGW and peak oil issue.
@stacyherbert … you got that GLD options expiry right for sure!
Yes, just a pity I had SLV options instead !
;-(
BTW, I have been discussing elsewhere about the effect of the GLD ETF on the Comex/LME.
There’s a rumour around that the Comex is settling in GLD shares instead of cash or physical.
As I said .. it IS a rumour.
My point has always been … is the tail (GLD) wagging the dog (Gold) ?
Looks like it is in fact happening.
Also makes me wonder whether the GLD/SLV ETFs are some sort of ploy to keep the Gold price on paper.
Especially useful for those commercial shorts I’d expect.
The big question IMO is early next week .. whether GLD will stay in it’s rising trading range, or whether it’ll break down below that 1100$ bottom-of-range.
@Max
Your quality if jobs mention … this is huge here in the northeast.(and surely the rest of the country) I know dozens of good people that have been forced to take so called buyout deals. They have been terminated, period … from the job they have had for many years. Now, some people are being replaced, guess what wage the new folk are being paid?
MINIMUM pay and CRAPPY benefits. This tailspin in unemployment has no way off stopping itself. The sheeple are continuously being sheered.
NICE SHOW BRO!
@ Gordo
I greatly oversimplified the case due to lack of time, but yes, there are immense financial interests involved.
Why not respond to the points raised in the article I linked?
Max and Stacey,
You should find out what the average temperature of the earth would be without greenhouse gas.
Give up?
-15C. That’s minus fifteen degrees centrigrade.
I’m just watching the show; “Peek Sand”? Global warming? Come on Max. I can’t believe you went on the record with that. 5mm per year? Since when. (If half the glaciers have melted on land, where’s all the rise? And don’t forget that you can’t count any ice floating in the ocean, because it’s not going to contribute to water levels.)
You are/were right with gold.
You were/are wrong with deflation.
You were wrong on Obama.
Now you’re on the record for global warming.
1 right, 3 wrong.
Bad Max, Bad, Bad.
@ brad
You should stick to medicine.
If you believe that the big money is behind AGW you are delusional.
More Obama doing gods work…
http://www.smh.com.au/environment/climate-change/compromise-copenhagen-deal-reached-20091219-l632.html
http://whitehouse.blogs.foxnews.com/2009/12/10/obama-and-nobel/
Has Lord Blankfein convinced Obama that he too is doing Gods Work?
http://www.youtube.com/user/SchiffReport
$26 drone hack is much worse than originally thought:
http://www.longwarjournal.org/threat-matrix/archives/2009/12/us_military_aircraft_video_fee.php
Lots more technical stuff here at Wired magazine.
Stacy
http://blogs.telegraph.co.uk/finance/rowenamason/100002788/copenhagen-why-gas-is-rising-victoriously-after-two-weeks-of-talk/
Mike
@Will
Thanks for quote.
That would explain why house prices and rents are shooting up in Aust at the moment.
I’m afraid I am dull and waiting for correction
Oh, and I can’t afford either
@Cal Doc @Phil/Germany – thanks!
@Dr. Richard – yes . . .
@brad – we won’t ignore, of course not; clearly a significant portion of the commenters on the site don’t believe in man made global warming
@Phil/Germany – you got that GLD options expiry right for sure!
@Will @Mini US – I learn so much from the comments too;
@Alister – the threats are unlikely to stop if our experience watching UK television news these past few days is anything to go by . . . it’s truly shocking the amount of propaganda going on here, I’ve never seen this even in the run up to Iraq
@Mini US – I second the thanks to Stacy, Max, and all who donate their time and effort in this forum; I’ve learned a lot too.
Here’s my favorite paragraph from The Theory of Money and Credit:
In the early stages of an inflation only a few people discern what is going on, manage their business affairs in accordance with this insight, and deliberately aim at reaping inflation gains. The overwhelming majority are too dull to grasp a correct interpretation of the situation. They go on in the routine they acquired in noninflationary periods. Filled with indignation, they attack those who are quicker to apprehend the real causes of the agitation of the market as “profiteers” and lay the blame for their own plight on them. This ignorance of the public is the indispensable basis of the inflationary policy. Inflation works as long as the housewife thinks: “I need a new frying pan badly. But prices are too high today; I shall wait until they drop again.” It comes to an abrupt end when people discover that the inflation will continue, that it causes the rise in prices, and that therefore prices will skyrocket infinitely. The critical stage begins when the housewife thinks: “I don’t need a new frying pan today; I may need one in a year or two. But I’ll buy it today because it will be much more expensive later.” Then the catastrophic end of the inflation is close. In its last stage the housewife thinks: “I don’t need another table; I shall never need one. But it’s wiser to buy a table than keep these scraps of paper that the government calls money, one minute longer.”
@Will/Naomi
Thank heavens for Max, Stacy and all you folk on this site.
Otherwise I/we would all be blissfully unaware of all of this.
Thankyou!
@Naomi – no need to buy them, they’re free for the download:
Human Action (pdf)
The Theory of Money and Credit (pdf)
Phil
Do you think Gold/Silver will now bounce or are we going to trade at this level?
mike
@will
I’m going to buy that book.
Political correctness = BS
“Economic collapse is proabbly going to be the only thing to wake people up” Max Kesiser on OTE.
Sums it all up.
Thanks fpr show guys and gals.
@naomi – ” I am not very literate in finance…”
ummm, says who?
but I see bullshit everywhere a mile high and deep.
Sounds pretty literate to me! Detecting BS is a noteworthy financial achievement right now, and I’m sure a lot of folks wish they could do that.
I’ve only read two economics books in my life, The Theory of Money and Credit and Human Action, both by von Mises. I can’t make myself read any other “normal” textbooks after those two cuz my BS detector goes off the scale. My college educated financial peers think I’m pretty lame, though, because von Mises is not politically correct. Guess we’ll all just have to wait and see what happens, who’s right…
@Max
Re Slavery on the farm
I didn’t know this but my wife tells me that you can buy corn, etc on that ‘Farm Ville’ with your credit card.
Unemployed playing virtual farmers ON CREDIT.
Oh no!
@ Stuart/OTE
Nice to see Max move in front of the graphic, rather than behind it!
Good work folks!
Jim Rodgers is spot on when he’s talking about commodities going through the roof in the future. Basically, it comes down to survival and what is defined as survival in the 21st century.
@Will
You know this whole thing of fiat currency, printing more and more, value is falling more and more.
Question: Goldman Sachs is making record profits, in Dollars? Come on.
Does it come down to which country has the biggest computer, that will value every scrap of matter on the earth? Then determine that every human being that is not in the “club” is in debt for the rest of their lives? The assets that some poor slob has accumulated has been devalued into smoke, while assets of Goldman are at 110%….?
This “money” this “debt” is AN ILLUSION. Goldman makes “record profits”. Who says?
Unless Goldman is buying gold and holding, they don’t have anything other than someone flipping a switch and sending 50 million into the accounts of these assholes.
Remember the old carnival “shell game” ? Intuitively, this is what this is all about. I am not very literate in finance, unfortunately, but I see bullshit everywhere a mile high and deep.
CO2 has absolutely nothing to do with any climate change. CO2 is a trace gas being only 0,038% of the atmosphere! 1 particle out of 3000 is CO2.
For thousands of years people know the sun is the source of live and I gotto give it to them (Club of Rome) how they got people so much brainwashed that they really think that CO2 in one particle out of three thousand can do anything on the climate ahaaaahhaaa! Wake up Dupes!
@phil/germany
I did a drawing on this the other day:
http://www.etsy.com/view_listing.php?listing_id=36849395
@Rich. i challenge you to hockey in ontario.
@Rich. so if we don’t reach peak oil max is an asshole.don’t think so.
Bankers cost society £7 for every £1 they “earn”
BBC: Cleaners ‘worth more to society’ than bankers – study
What about “bad” hospital cleaners. They must save even more for society by stopping people living as long and costing a fortune in care and pensions. Ethically questionable though !
http://news.bbc.co.uk/2/hi/8410489.stm
@Youri .. I liked the last line
…But one principle we have learned over the years is never to attribute to bad intents what can be attributed to human error and mismanagement….
Sounds like the US Govt. !
@ Casper Studly
Wha…? Interesting, I just watched OTE and what Edward Harrison had to say…what do you mean he is not stating his position cause he wants to work for Goldman? How did you arrive to that conclusion…please explain.
@Max: I think you are right on the button with your economic analysis…and somehow you’ve managed to buy into global warming and peak oil as if it is gospel…yet the same pricks who are ruining the economies control the media and are manipulating the data and news that we can get. Stick to the economics Max, guess once you’ve swallowed global warming hook, line, and rainbow warrior, it must be pretty hard to regurgitate it.
Nature must have a way of balancing things…you’re hip economically…but a complete sucker on the other issues.
Earlier on Jesse’s Café: Essential Info about the COMEX: Gold, the Comex and Exchange For Physical http://tinyurl.com/yzwssju
Credit card’s newest trick: 79.9 percent interest – Yahoo! Finance http://bit.ly/6xRV13
Iraqi official: Iranians seized Iraqi oil well http://bit.ly/5g7WkP
“How much imaginary gold has been sold?”
By Adrian Douglas for Gata.org
http://www.lifeaftertheoilcrash.net/Archives2009/AdrianDouglasGold.html
Compliments of ronglaza@IV
@Phil – Vohwinkel – I was reading that same Wikipedia page when your link came in! Thanks for the photo site, too.
adorno, beatles and tavistock, very good articles, but in german
AUF DEUTSCH!
http://www.solidaritaet.com/neuesol/ccf.pdf
Today’s guest, Edward Harrison.. sorry, Max.. a total waste of time. He doesn’t get it. Or get’s it but is afraid to queer his position by saying so out loud. He’s still hoping to get a job with Goldman.
yea baby
pimping the pimpocracy
Some tale telling Headlines:
The Credit Crunch on Main Street Continues http://tinyurl.com/yalqakq
The De-Leveraging Cycle has only Just Begun http://tinyurl.com/yaf43tk
Freight Traffic: A Sign of No Recovery at all but bumping along the bottom http://tinyurl.com/yktbf6x
ATA Truck Tonnage Index Dipped 0.2 Percent in October http://tinyurl.com/y8jmq6a
Intermodal Rail Traffic Decreases for Week http://tinyurl.com/y9ptga2
Heavy-Duty Truck Sales Decline for 10th Consecutive Month http://tinyurl.com/ykcbfv2
U.S. Homeowners Lost $5.9 Trillion Since 2006 Peak http://tinyurl.com/yddn6zo
One in Four Borrowers Is Underwater http://tinyurl.com/ylk5go5
Consumer credit falls for ninth straight month http://tinyurl.com/yc6kclq
Crisis in sovereign, commercial debt seen http://tinyurl.com/y9a3ra6
Red Alert: The Second Wave of The Financial Tsunami http://tinyurl.com/ydroewd
Wall Street’s 2012 meltdown sweepstakes – Don’t say we didn’t warn you this time — a new crash is dead ahead http://tinyurl.com/yj852w9
IRAN IN PEACEFUL OVERTURE TO US
http://news.theage.com.au/breaking-news-world/stop-threats-for-a-nuclear-deal-ahmadinejad-20091219-l62f.html
@Will …. Vohwinkel
http://de.wikipedia.org/wiki/Vohwinkel
Better older pictures here …
http://www.wuppertal-vohwinkel.net/
@Phil – RentenMark banknotes – Thanks, that’s very interesting! I haven’t been to Vohwinkel yet, but I would like to just to see where that banknote came from. It’s one of the most interesting I’ve ever seen.
@ Bonn – On Peak Oil, check out this PDF:
http://www.peakoil.net/Publications/Cheney_PeakOil_FCD.pdf
Besides Cheney’s comments, an ExxonMobil exec is quoted as saying, “To put a number on it, we expect that by 2010 about half the daily volume needed to meet projected demand is not on production today – and that’s the challenge facing producers.”
Recently, I read of another oil person who said that by 2010 40% of daily production would have to come from untapped fields and newly discovered ones. Hence, the war OF terror in Afghanistan, Iraq, Pakistan, and the propaganda about Iran.
Global Warming does exist but it is primarily caused by the sun and the earth.
http://www.flyingbuffaloes7.net/keluar8.html
My question about whether carbon emissions cause higher temperatures is enough to have me ridiculed and mislabelled as a climate-warming denier by the “educated” scientists and by those who echo the carbon dogma.
It is a known fact that many springs, creeks, streams and rivers are warmer than they were in past decades. Is it not much more reasonable to assume that the temperature increases in springs, creeks, streams and rivers are directly caused by geothermal conditions rather than indirectly caused by a warmer atmosphere? Water is more resistant to temperature changes than air is. It is quicker and easier to heat a pot of water on a stove than it is to heat the air around the pot of water and wait for it to increase the temperature of the water in the pot.
In simple terms, the carbon dogma points to the warmer atmosphere as the main contributor to global warming. I propose that there is climate change, but that it is mainly caused by the sun and the Earth, and only marginally caused by the atmosphere.
The sun is hotter, which is evidenced by increases in solar flares and other things. Since scientists cannot credibly argue that humans have polluted the Earth’s atmosphere so much that it has caused more solar flares and a hotter sun, for purposes of their carbon dogma, they ignore the hotter sun. Likewise, the same carbon dogma proponents ignore the fact that the Earth is getting hotter. Scientists are only looking at the hot air, which is the least significant factor in global warming, whilst ignoring the much more significant factors of a hotter sun and a hotter Earth. What kind of scientific equation would eliminate the most significant factors from it? One that is unsound and filled with hot air!
Gold Hit With a Bear Raid Yesterday – Memories of Citi’s Eurobond Price Manipulation
… I recall reading at the time how the Citi traders were incredulous at being outed by the regulators, because that is how they would do things in the States, running the stops and using outsized positions to perform short term price manipulation. In the states ‘price management’ has become quite notorious around key market events, such as option expiration. It is so prevalent that it has its own momentum among traders. …
http://jessescrossroadscafe.blogspot.com/2009/12/gold-hit-with-bear-raid-yesterday.html
LOL …. as I posted a few hours ago ( GLD Options Expiry )!
@Will … Wow, what a coincidence … Vohwinkel.
I used to live there !
I’ve just uploaded 3 photos of the notes I bought at a German Trödelmarkt ( Junk market ) near Vohwinkel a few years ago using http://imageshack.us/ .
RM 100
…. dated 1. Nov. 1920
http://img69.imageshack.us/img69/1197/100bn.jpg
RM 5000
…. dated 2. Dec. 1922
http://img37.imageshack.us/img37/2396/5000yn.jpg
RM 100,000,000
…. dated 20.Sept. 1923
http://img191.imageshack.us/img191/434/100000000.jpg
Notice the 100,000,000 Note says Ronsdorf, which is very close to Vohwinkel.
109 should have been “10 to the 9th power” and 1012 should have been “10 to the 12th power” but evidently that HTML doesn’t work here either. Sure would be nice to have a preview button!
@Stadt Vohwinkel note.
The denomination of the banknote is 5 trillion marks (billion in German is Milliarden or 109 while trillion is Billionen or 1012.) I think the US government would love to pay off its debts with BennyBux like these!
Common sense
Some times evry one looses that
@phil, naomi… Weimar
This is my favorite example of a German banknote during the hyperinflationary period during the 20′s.
http://homepages.paradise.net.nz/richard7/notgeld-images/voh5bio.jpg
Note that around the outside of the bill, there are prices of basic commodities in 1914, and prices of the same goods in 1923. For example, one liter of milk was 20 pfennigs in 1914, but in 1923 it was 560 billion marks!
Note that there are also pictures of US gold money, what we used to have here. There is also a poem by Goethe:
“America, you have it better
than we, the old continent…”
This one note pretty much tells the story. Gold begins to look really good when your money is worthless.
Great show as usual .
You both work very hard … amazing that you can keep it up !
German Weimar Republic in the early 1920s and the U.S. – Troubling similarities
http://www.nowandfutures.com/us_weimar.html
Max and Stacy – I really look forward to your video programs.
Please keep up the great work!
Max and Stacy,
In your community building efforts, I hope you will not completely ignore those that have doubts about AGW (man made global warming). I suspect these individuals make up a significant portion of your audience. I am not a climatologist, but as a medical doctor trained in the United States I am familiar with the scientific method and “scientific community”. I think it is naive to consider climatologists as purely impartial, and not subject to the same operational pressures and biases as say, Big Oil, Big Pharma, Tobacco, etc.
Why not focus your talents at finding market-driven solutions to ecological problems we can ALL agree exist?
You might find this latest revelation in the AGW debate particularly shocking:
http://blogs.telegraph.co.uk/news/jamesdelingpole/100020126/climategate-goes-serial-now-the-russians-confirm-that-uk-climate-scientists-manipulated-data-to-exaggerate-global-warming/
@ Max
What makes ya think “Peak – Oil” Exists
Plz enlighiten me
Lets go statically
20 % of the world that includes ya guys have 80 % of the world’s wealth
So ya tryin ta tell me ya hit peak oil
Cummon
Stop fartin
Or I will really hit your site with the viruses n all
A good Idea would be to say “I really dont know about Peak oil”
I know there is a reserve in India that could cater to 90% of the Gas requirements of the world
And yes it’s untapped
So freakin stop usein the word Peak
PLZ
hic
I figured that was coming. Can’t wait to watch OTE with S and M. Sounds kinda kinky doesn’t it?
Zwie
Eins