Stacy Summary: Guest is Gail Tverberg who writes as Gail The Actuary on The Oil Drum. (Will post a higher res version when that is available tomorrow).
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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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No .. I will not be the first .. still listening in fact !
Earth’s north magnetic pole racing towards Russia due to core flux
…
Fri, Dec 25 11:10 AM
Washington, December 25 (ANI): A new research has determined that Earth’s north magnetic pole is racing toward Russia at almost 40 miles (64 kilometers) a year due to magnetic changes in the planet’s core.
The core is too deep for scientists to directly detect its magnetic field. But researchers can infer the field’s movements by tracking how Earth’s magnetic field has been changing at the surface and in space. ow, according to a report in National Geographic News, newly analyzed data suggest that there’s a region of rapidly changing magnetism on the core’s surface, possibly being created by a mysterious “plume” of magnetism arising from deeper in the core.
…
…
…
http://in.news.yahoo.com/139/20091225/981/tsc-earth-s-north-magnetic-pole-racing-t.html
@Stacy
I’m getting an error for part 3
@Part #1 .. Dylan Ratigan
Yes, I saw that as well a few days ago … lost his credibility there IMO !
@Mr. Unemployed – - try again? it works for me . . . anyone else having a problem with 3?
@Stacy
oops! Never mind, it’s ok now.
oil’s staying down. gasoline is going up. the squeeze will start Jan.1
@Part #3 …. “does anyone dispute Peak Oil”
Max & Stacy,
maybe I missed it , but did you ask her about IRAQ’s OIL ?
AFAIK, the Iraq fields are nearly as big as Saudi Arabia’s were, and probably bigger at this current time !
Also, the oil there easy virgin oil = untouched, thanks to Saddam controlling it for 30 years.
So peak oil elsewhere , Yes ! .. but the Iraqi fields will certainly give us at least a further 30 years of oil unless of course we double the WW oil consumption every year ( as has been stated in earlier reports ).
@Phi/Germany – I can’t recall the exact number off the top of my head, but Ghawar in Saudi was about twice the size of either Burgan (Kuwait) or Cantarell (Mexico) the numbers two and three oil fields; these are the only three giant fields that were ever online and Ghawar produces 10% of all oil consumed; Both Cantarell and Burgan are declining and deep double digits; I believe Cantarell output declined by 37% last year . . . Iraq will never make up for these huge declines . . . plus, you have the small factor of securing the pipelines from disgruntled Iraqi Sunnis and others . . .
@Phi/Germany. our empire may not control Iraq oil much longer. history is against us. we could have purchased that oil but decided to kill for it. me thinks our empire is over. by the way i never signed on with our empire.
@ Earth’s north magnetic pole racing towards Russia due to core flux
Planet Nibiru ????? Hic
Oh well I dont have a Bunker .Hic
Crap why was’nt I born in 19 50 Hic
@Stacyherbert. as a child i was kept warm with coal. dirty, dangerous stuff but.
@Bonn. i knew the russians would control the pole somehow. never thought they’d move it. LOL
racing toward Russia at almost 40 miles (64 kilometers) a year due to magnetic changes in the planet’s core.
Man Navigation of Ships and Planes must be going outta wack I aint stepping on an airplane for the next 3 years if I can help it
Good old stick to the Ground Hic
Pole Wandering – some people think that in 2012 it will be an pole shift. Durability should be something between 4 -6 Months with many earthquakes etc… After this we should have in Europe temperatures like Cuba has now, an should be 20 degrees from the new Äquator. This would be very nice.
Sometime i fear that Max could have an heartattac when he´s getting obsessed with trouble.
@ Max
Do you have any idea of a new web/software product that I could develop? I want to retire to someplace safe too!
almost 40 miles (64 kilometers) a year due to magnetic changes in the planet’s core.
Thats 175 meters a Day
Crapy Mayan Calender Byaatch
Somethings Up too many coincidenses
Financial meltdown and now this ?????
Earth’s north magnetic pole racing towards Russia due to core flux
But Earths Magnetic North pole is really the South pole
So which freakin Pole is moving ?
And by all Planet X conspiracy it is supposed to be comming into the scene from the South Pole near Austrailia
Hmmm errr hmmmm Hic
CBC. 2 more irish bishops resign in hopes of healing the boys they sodomized. sorry i personally want your nuts cut out.
Maybe they collapsed USA cause its gonna be the new antartica Hic
@ Ratigan – Almost puked when I saw the apology they made him give. I watch him because because he does a better job than most and always holds people’s feet to the fire.
@ Peak oil – Thinking about saving my pennies and having someone convert my Accord to an electric car. No sense in buying a hybrid or getting a new (unaffordable) electric car once they come out considering all of the energy and resources that go into just building a new car.
Max you are the true modern jester! Joking and fooling about finances and other major issues, winking and witting while at the same time trying to get the true serious message across without being imprisoned, banned, gagged or beheaded by the elite’s guards. How about an animated piratemyfilm with you as the jester in emperor Obama’s court together with Tiny Tim, Bernanke and other evil dwellers?
Did Aliens build the pyramids?
http://www.youtube.com/watch?v=wrYiiqGBWe0&feature=related
Hic
@Phil Germany
4 million cars in Bejing each day. Average increase for the last 10 years, I recall ? is about +20% per year. You do not factor reality Phil. 40 years ago, there was 4 million bicycles daily in Bejing. The same bicycles have been replaced by wheapons of mass destruction; the car. They call it progress in China. Just imagine China like a big infernal Los Angeles ? Oh my God ! Hope Gharwar runs out before that.
Oh My GOD
Gold has FLAT LINED!
Mike
Another video from an american abroad,
who’s talking oligarch trash
http://www.youtube.com/watch?v=IIVlZwiJPfo
@Marc Authier … You do not factor reality Phil.
…As the saying goes, facts are many but the truth is one. The truth is that the U.S. military is the single largest consumer of energy in the world. But as a wise man once said, don’t confuse facts with reality. The reality is that even U.S. Department of Defense (DoD) does not know precisely where and how much energy it consumes. This is my Fact Zero.
Below I give some facts and figures on U.S. military oil consumption based mostly on official statistics.[1] If you want to reproduce them make sure you read every footnote even if you need to put on your glasses. Also read the footnotes in this article.
FACT 1: The DoD’s total primary energy consumption in Fiscal Year 2006 was 1100 trillion Btu. It corresponds to only 1% of total energy consumption in USA. For those of you who think that this is not much then read the next sentence.
Nigeria, with a population of more than 140 million, consumes as much energy as the U.S. military.
The DoD per capita[2] energy consumption (524 trillion Btu) is 10 times more than per capita energy consumption in China, or 30 times more than that of Africa.
Total final energy consumption (called site delivered energy by DoD) of the DoD was 844 trillion Btu in FY2006….
http://www.energybulletin.net/node/29925
http://www.reuters.com/article/idUSLDE5BO05220091225?type=marketsNews
For the moment Phil For the moment. The Empire of the Middle intends indeed to reclaim its title of being the center of the world. Only logical. China is making a real horrible choice with the car. A horrendous choice. A terrible choice. It will lead to thrid world war. And yes it will be for OIL. “Oro del diablo” like the Mexicans call it.
Money worries:-
http://news.bbc.co.uk/1/hi/world/middle_east/8430162.stm
@Mike/liverpool. i just pissed my pants. gold flatlined.
I saw the full interview, parts of which you featured in Part One. Politics aside, the journalist was in fact rude to his guest. But you, Max, didn’t show the full interview and made out the journalist was stating that his opinions had been rude…? Doesn’t make much sense. I certainly didn’t buy Part One of this show.
@Mike/Liverpool. thanks. i needed a good laugh.
An important read…
“So to answer the question – who is the Household Sector? They are a PHANTOM. They don’t exist.”An important read…
http://fofoa.blogspot.com/2009_12_01_archive.html
Stacy was complaining a while back about energy alternatives that could supply the U.S. in the event of a lack of available oil, well, you might like to review the science behind molten salt reactors using thorium as a fissile material. The google tech talk, though an hour long, goes into great detail so you can make your own judgement. The alternatives have existed for forty years, but little investment has been made up until this time.
http://pubs.acs.org/cen/email/html/8746sci2.html
Max, — STOP YELLING!!!
@Mike — lol!
@Stacy :
Great show !!
Tell me how can you hold yourself from laughing when Max goes crazy? I wouldn’t be able to lol
Happy holidays!! try to have a break from these economic dramas.
Finally, Max is directing some anger at the insurance industry. I always thought that insurance companies should be non profit organizations. It’s the profit motive that drives insurance companies to pick and choose who they want to insure and deny as much claims as they can which totally defeats the purpose of insurance.
@Max, did you ever hear about the retirement funds that insurance companies have started pitching earlier this year? They claim to offer funds that GUARANTEE 6% returns because they’re “backed by insurance”. I had a insurance lady pitch this to me when I was buying car insurance and saw some sales guys on CNBC talking about it too. What a bunch of BS! Driven by the profit motive, the insurance companies invested their float in the market and when the market tanked, they got desperate and started offering products like this. The sharp rise in health insurance costs in the last year can probably be traced back to the insurance companies losing a big chunk of their float in the market rather than real medical costs rising.
@ FranSix
Max, — STOP YELLING!!!
Hey I am all for the Yelling at. These people should be yelled at for flushing the Economy down the drain and taking large bonuses
Hic
I am supprised Max doesnt use Foul Language but uses terminology like “brain Dead”, “Dis ingunious”
When I know Exactly the words he wants to use but cant on air
Why would ya wanna use cute words when they holding a Double barrel gun at your head while reaching into ya wallet for that last dime.
ROFL
@Mike/Liverpool. for some reason i can buy private physical gold in canada for spot always. silver is always a 10 point premium. is it the same in england.
Crap when I dont drink I don’t get sleep
and its freakin Cold Brrrrrrrrrrrr
@Bonn. i told you booze will get you through times without money better then money will get you through times without booze.
@ ronron
Just taking a break for a few Days
I am timing my Real Estate investments to End of 2010 When hopefully there should be another bubble about to Burst. And one shot Buy Everything I need for the next 10 years other than Food OFC.I need to freakin by another Car and set up me Flat with all the Gizmoes. I crashed me car at 100 miles per hour last year . And I only buy stuff after saving and try and buy stuff 100% down I have no Loans Learnt tis from me Dad. Hic
So I can at anytime just take 1 year off or 2 years off.
I am trying to avoid this freakin Rat race using me Brains. That why I have very little in the Stock market and I don’t Belive in Gold.Niether do I have much in the Bank. Just Enough foor Food and stuff ,In India we dont get Food Stamps from our Govt. or Unemployment cheq’s u gotta take care of your own arse
Hic
No Ron, there is a premuim for REAL stuff.
Mike
LOL Gold ,Silver and the USD all in a straight line
Looks like stale mate LOL
Christ Max, let your guest talk a little!
Max apparently has very limited French, or he would realize it’s no more of a distinction to be associated with the France of Sarko, BHL, Attal & Attali etc. than with Obama’s USA.
Man, I need to let that information work on me a while. That lady kind of confirmed my view oil is the primary source of wealth (as it does work in engines and provides fertilizer etc.), also that ,iming is very oil senitive (think also that the price of iron is not so much the mining cost, but transportation of the heavy material).
Contrast this with clean energy, where the return is guaranteed.
Has anyone posted this?:-
http://kerrtrade.com/blog/?p=912
Mike
late-06/early-07 a key time in evolution of subcultural aesthetics:
http://catastrophist.wordpress.com/2009/12/25/00s-retrospective-fashion-style-trends/
emo style/fashion overtakes generic punk; indie overtakes goth; steampunk emerges; interest in vintage tees falls below “pink shirts” etc etc… “Hic”
I think you can two meanings of “Peak Oil” 1) The end of oil 2) The end of cheap oil.
What we are talking about here is mainly “The end of cheap oil”
Capgemeni Rapport (Consultancy Bureau Europe) November 2008. In the next 25 years 1 trillion Euro is needed for replacement of the outdated electricity and gas infrastructure. The credit crisis potentially causes these investments serious damage.
Credit Crisis is danger for energy 25 November 2008 (Google trans from Dutch) http://tinyurl.com/yjoxfwf
Like said: Investments in the oil industry were postponed or totally stopped due to the credit crises. When the economy grows again and needs more oil prices will go up and stay up till the lost investments due to the the crises are financed again and the more expensive oil can be explored if the oil price is high enough cause you need a certain oil price to make deeper sea and tar sand oil due able.
Volvo Cars also goes to the Chinese http://tinyurl.com/yk3797r
Somebody should start an Adopt-an-American program to help all us Yankee dissenter to get the heck out of America and secure a better nationality.
“dylan raitgan is mean/rude” WTF!?!? I just went off on that clown HuffPo writer on twitter. Thats just absurd… its important policy not some god damn dinner party conversation.
@Max
Unfortunately the people won’t rally against a system that they are involved in.
I mean, many Australians for example, have shares and BELIEVE that they are one of the well off ones. They are a part of the problem, trying to get ahead.
That is why the crash needs to decimate these people for them to realise that they are not. Governments and corporations have encouraged this situation especially through superannuation/pensions.
My father received banking shares when they de-mutualised and spent the last 20 years complaining about the banks service while his shares doubled, then tripled, then exploded.
You cannot have everything folks!
Indian migrants face bleak future in Dubai http://tinyurl.com/ydns53y
US new home sales plunge in November http://tinyurl.com/yjyu6wh
U.K. Long-term unemployment has doubled, TUC says http://tinyurl.com/yeejku8
Glenn Beck spells it out for the dummies…
http://www.youtube.com/watch?v=ndoJHxX3cKA&feature=player_embedded
@Max and Stacy.
One you you guys c/- Hopey McChange.
http://www.smh.com.au/opinion/politics/yes-we-can–but-so-far-obama-hasnt-20091225-lf5f.html?autostart=1
The announcement by the United Nations this week that it will license the minting of silver and gold bullion coins bearing the UN logo may be the button that launches metal prices into orbit.
UN to produce gold and silver coins for world currency http://tinyurl.com/y9ye5pj
The Rotten Underpinnings Of Our Financial System Exposed http://tinyurl.com/yaav7fx
@Y’all
http://www.youtube.com/watch?v=YTdHBtqIbKI
The Staple Singers – Who Took The Merry Out Of Christmas.
http://tinyurl.com/yl5uh4s (mp3)
oh shit here we go again
Obama Orders Heightened Security After Disturbance on Plane
December 25, 2009
http://www.businessweek.com/news/2009-12-25/obama-orders-heightened-security-after-disturbance-on-plane.html
@ Max & Stacy – Before I forget to mention it again, what do you think of the extended first time homebuyers tax credit program? Isn’t it just another shell game? The following provision is new:
- *NEW* Current Homeowners looking for a replacement primary residence could also qualify for a $6,500 (up to $3,250 for a married individual filing separately). They must have lived in the same principal residence for any five-consecutive year period during the eight-year period that ended on the date the replacement home is purchased. This new provision also only applies to homes purchased after Nov. 6th 2009.
My sister and her husband are actually going to take part & are looking around for a new home.
Explosive device set off aboard airliner
http://www.cnn.com/2009/TRAVEL/12/25/airliner.firecrackers/index.html
Charlie Sheen arrested in domestic dispute, police say
http://www.cnn.com/2009/SHOWBIZ/TV/12/25/charlie.sheen.arrested/index.html
Maybe something to do with that 20 minutes with the President Obama contest ???
Peeps Watch out for a false flag op
Hic me not leaving the good ol’Terra firma & avoiding obvious place’s as have been for a year now will continue till the crap hits the fan
Hic
I have no flight plans for a year at least
Hic
@ Max & Stacey
Ya were wondering how they Gonna Fund Unemployment Cheq’s after 2 years and the Health care Bill
Well think Like ‘em Y’all have to add a Drugs column to the Spreedsheet or tally S/w dunno which ya use
Hillary Clinton: We’ll Still Be In Afghanistan in 50 or 60 Years
http://www.infowars.com/hillary-clinton-well-still-be-in-afghanistan-in-50-or-60-years/
Hic
and there’s your credit so they have not still Hit “Peak -Credit” in 2007 they just re-engineering and will probably use SAP to get the most efficient model
Back & foward aquisition to get complete monopoly
Hic
Ask catherine austin fitts she kinda has in dept Know how on the topic next time ya have her on
Hic
LoL what
‘s up with Gold Silver and USD still all straight lines I guess USA Just shops During X-mas
Hic
@Y’all
Jackie Mittoo & Bagga & Pablove Black – After Christmas. (mp3)
http://tinyurl.com/yzd4zvl
@Y’all
http://www.youtube.com/watch?v=Yj4LVL3GPYY
Willie Williams – Armagideon Time.
http://tinyurl.com/yzhzpn4 (mp3)
Reflections And Warnings – An Interview With Aaron Russo {Full Film}
http://www.youtube.com/watch?v=YGAaPjqdbgQ
Hic
again for the Un-intiated
Hic
And we have’nt reached “Peak – Drug ” use
Treasury to provide as much capital as Fannie, Freddie need http://tinyurl.com/yh8ansj
Japan’s grim data http://tinyurl.com/yeufvjs
I’m trying to figure out how Ratigan can try and tell the truth now about the terrible corruption in the usa.
The usa congress and senate and presidident should be apologzing to ratigan for selling the usa down the river.
Jobless tsunami: 25 states borrowed $24B for jobless fund, 40 states will run out by 2011 http://bit.ly/4Q5CCJ
Yesss!!!! …. Just reached my 7000th Viewer on my “Dubai in fact went Bankrupt back in November 2008 sources now confirm ” Post http://tinyurl.com/ydns53y
MERRY Real White X-Mas (Eat the Camel with X-mas)
http://www.youtube.com/watch?v=saoU67a72CU
Apathy in America
http://www.youtube.com/watch?v=jiAl80EWxuY
Found Meself a real X-mas Santa Man: It’s Bonus Time again children http://www.youtube.com/watch?v=7J5T7w9Yh-I
If you look at humans as yeast, and oil as sugar, than peak oil is very easy to comprehend on a macro scale. The yeast may find new nooks and crannies of sugar pockets, but if it runs low for any length of time, it undergoes a sever contraction, and falls to the base of the carboy, dormant or dead.
Comedy
MERRY Christmas Y’all
http://www.youtube.com/watch?v=uVRmXc8PPqk
@ youri
great links,
the people speak!
Hey Bonn & SG, loving ya posts…
Youri, it’s not just Dubai, it’s just about all of the gulf countries that treat our Indian & Pakistani friends worse than animals.
In fact they transport their horses in A/C trailers, whilst they pack in the poor workers into semi-trailer sheep wagons.
I know I’ve lived there for years.
Just went to see Avatar in 3D, I wonder how many of the ‘robots’ get the gist of what its really about.
Bonn is on fire!
I know he’s prepared for peak drugs!
Bonn is on fire!
@ OP
I aint even trying All what I am posting is what I saw a year ago.
If ya want I can complie a List I’ve done it before
Ya can Google em and be on your way to a better understanding of whats going on.
there are about 45 documanterys ya’ll have ta see
Plus following the money trail is always Important.
Dunno if Guys had Invested in Health Insurance agencys As Max has been ranting for the last few weeks that the Health Care Bill was written by the Insurance agencys
Ya woulda made 20 % returns since Oct.
Hic
Just Follow ta money train.
Hic
Everything in this world is about the Money train Including US Civil War
If ya really strip the whole Issue to bear Minimum.
The Guys with Slaves were making huger profits than the guys who outlawwed slavery.Thats all what it was all about.A little bit of heart maybe for the Genral public , But thats all crocodile tears.
Hic
@Bonn, like you I’m in the ‘colonies’ so don’t have to worry about my families safety.
Still rather shell shocked by the earlier post on the Crown and the Templars, we don’t have a chance Hic, not whiskey beer hic
Off topic
Structural Engg. analyze 9/11
9/11: Blueprint For Truth (part 1 of 13)
http://www.youtube.com/watch?v=b74naeawdCs&feature=related
@Bonn, I try not to do the anger thingy, but that whole 9/11 ordeal was just absolute evil hic (fifth stella)
“Just went to see Avatar in 3D, I wonder how many of the ‘robots’ get the gist of what its really about.”
Just watched the trailer.
The art of switching sides is what prolongs these corporate sponsored wars. Be it for oil outside the empire or gold within, we shall ‘learn’ to turn against one another, for that is the only market left ripe for exploitation. I forsee a sad day where ‘mericans wil cheerfully volunteer to resettle the ‘new world’ old as it may be.
@ OP
The screw up with these Global Elites is that they have Inter married amongst Cousins to maintain Boodline and consolidate wealth and keep wealth in the family my marrying cousins
Essentially they have dumbed themselves down
Thats why the Insider trading helps them out a bit Like Warren Buffet beeyatches
And we use ta look at em as Financial Geniuses.
That was our mistake “Buyer be aware”
Even If ya get Insider Knowledge a Day before ya can make Billions of Dollars just as Rothchilds did after the battle of Water Loo with Napy Boy.
Hic
there’s enuff proof on the net ta lock em all up
About 1,000,000 million peeps have died because of that event as of now and still counting
Oh and they raising that stupid Color code terror nonsence after that Delta shit.
Hi Max,
I’ve been watching your videos for a few years now, and have seen you do a few U turns, for instance the one on good ol’ “Prudence Brown”.
Your guest and interview regarding Peak Oil was totally off the wall. You showed the classic Hubert Bell Curve. Obviously we are somewhere on it, and as Jimmy Carter said, every 10 or so years, we use more oil than we have ever used in all history (doubling time – 7% PA growth).
You expose a huge blind spot, regarding your explanation of Peak oil, along with you’re bizarre stance on the lie of AGW climate change. You understand growth and bubbles, why not the population issue (who is going to look after the bubble of old people), when TPTB (who must) start limiting population. Starvation disease and war is the only correction mechanism, assuming Monsanto or some other big corporation don’t find a way to kill off 90% of us useless eaters.
Come on Max you understand the financial malfeasance, why can you not expose the true picture? Or are you just “controlled opposition”?
Give Prof Al Bartlett’s lecture a try:
http://www.youtube.com/watch?v=9znsuCphHUU
Peak Oil, Climate Change, and the collapse of the financial system are just side shows by comparison!
@ bonn
yeah. you gotta figure the man knows no one’s listening anymore, so when to drop the other shoe,
before they congregate i reckon,
definately before april 15th, cuz they’re not gonna be able to ‘splain’ to the plebes what the hell they gettin’ taxed fo’
The Underfundedmentalist, I think that empathy is missing, it;s way to easy to demonise a certain culture, then bomb the crap out of them, leaving children and families crippled, hungry and really really angry..
@ Bonn, I try my best to duck under the ‘radar’ and look for ways that my family can take as much as possible from these evil bastards. I have a really good plan for 2010…
No violence, hit them where it hurts, their hip pocket hic (seventh)
I think that empathy is missing,
of course it is, it’s been replaced by prozac, wellbutren, riddilin, correctol, and my fav, obliterol, oh, and the destruction of the social contract, consumers don’t participate in the synthesis of cultural evolution, the pre-pay for pre-packaged promises of freedom.
I really enjoyed the show Max n Stacy.
Instead of forcing Americans to buy health insurance why don’t they force Americans to buy fruits and vegetables? The gov’t could charge a tax and deliver healthy foods to the door. I bet the return on a dollar spent on veggies is a lot better than for dollars spent on pills. But you can’t patent broccoli until you splice animal DNA into it. Broccoli, something you’ll never see an ad for because it has value. Nothing that has value can compete in the advertising sphere with things that have no value and won’t be bought without perception management. Only charity advertises things like goldmoney and broccoli. Yeah, I’ve got insomnia.
Congressman Joe Wilson (R-SC) Calls Obama A Liar During Speech – “JOE THE HECKLER”
http://www.youtube.com/watch?v=NR_Ol3VA37o
One more senator made to Grovel
The next thing is the US public should stop calling these Idiots Senators rather “Public Servants”
All Interviews should start
“Public Servant Mrs. Nancy Pelosi what is the population of USA ?” Then we’ll talk about the bailouts !
Hic
Jack Welch diss Obamas Stimulus Bill as “only politics, won’t create jobs”.
http://www.youtube.com/watch?v=I5d8AzEpuzI
Nancy Pelosi says 500 million americans could loose thier Jobs every month if we don’t pass this bill
INTeresting article trying to gauge the public’s zeitgeist in a contrarian manner .,,,,,,,,,,,,,,,,,,,,,,,,
Banking scandal: Kerviel hailed as ‘the Che Guevara of high finance’
http://www.independent.co.uk/news/world/europe/banking-scandal-kerviel-hailed-as-the-che-guevara-of-high-finance-777516.html
A-mi A-ma A-monia ! It’s the future !
lol & we all know who paid che’s bills haha …,,,,, cant have it both ways come out or stay in
@dan s
love your insomnia,
i’m gonna stock up on ‘dissident world views’
before we’re all forced to consume tax subsidized corporate propoganda!
buy when you’re low
sell when you’re high
@theunderfundedmentalist.
You mentioned the destruction of the social contract. In my opinion that’s the single greatest problem with globalization. It makes it far too easy to trespass against others (and isolate narrow parts of processes of common benefit to exploit for a few as if objects).
I wondered after reading about Walmarts in China. Do Chinese people feel pride when they see “Made in China”? Or do they cringe and look for “Made in any Western Nation” instead?
People are built for living in small tribes. Large organizations are lead by psychopaths who treat our evolution as something to be gamed, and without our survival depending on the foreign environments we take from, they are gamed too. The corruption overpowers any possible net benefit.
We’re a species evolved into a dead end. Small groups can thrive until large groups crush them. Large groups historically destroyed their own environments if not each other first. And now the large groups are reaching into all environments.
I can’t think of a single large organization in my country that isn’t completely failing in fulfilling it’s openly stated mandate.
@underfundedmentalist, I’ll trade you one garden in a can and Park Place for a copy of Ponerology and B & O Railroad.
@Stacy … Oil
Yet again, German Phoenix TV ( “Wem gehört das Meer?” = Who owns the oceans ) showed an excellent Doc. on Oil Discovery and what is going on , that is NOT reported on MSM.
I knew about this already, bt the TV Doc. condensed all the WW discovery work currently going on … for Deep Sea Oil !
Not many people realize that nearly 50% of the sea-bottom area of all Oceans have already been mapped out for oil extraction. A Shocking picture .., when you see the areas over-laid on the World map !
New robot technologies for extracting oil 3000-5000 meters under the surface are already big business and in operation already.
The conventional oil-rigs will disappear and all you’ll see are tanking-station ships holding positions via GPS with e.g. 50 massive tubes that reach 5000 meters to the sea bottom, where they join more tanking-stations that are spread like spider webs all over the sea bed.
The sea-bed tanking stations are as big as 3-story houses !!
In particular, Angola is the biggest extraction area right now. The US Military and the corrupt Government are very busy there !
Damn good Doc. .. pity there is an English Link !
http://www.phoenix.de/content/phoenix/die_sendungen/wem_gehoert_das_meer_/232375?datum=2009-12-26
…
The search for always new and ever larger raw material deposits achieved a new area: the deep sea – the largest and to few investigated habitat of the earth. Long time was considered the deep sea as dead desert.
Today however researchers in thousands meters discover depth landscapes of breath-taking beauty, uncounted new organisms and raw materials in rauen quantities.
Deep sea promotion of TOTAL before the coast of Angola (source: Phoenix WDR) And the documentation turned thorough investigated in many countries accompanies for the first time the world-wide most important projects, which want to exploit the treasures of the bottom of the sea.
Gold fever in the deep sea before New Zealand are German, researchers of New Zealand and American in the search for valuable minerals. With the most modern dipping robot of the world they explore an area of full hot sources, from which gold, copper and other metals gush – the ore mines of the future.
Sea biologist warn however that the building of seamounts could bring the entire ocean in danger, with unforseeable consequences for the food chain and the world climate.
The authoress Sarah Zierul connects impressive photographs on high lake with rare underwater pictures, lets researchers and company heads likewise to word come like experts in international law and biologists. Their film shows for the first time: Gold fever in the deep sea began and is an adventure with uncertain exit.
A film of Sarah Zierul
…
let’s keep in mind that one of the motivations for GS to manipulate prices is that it’s fun. You get a real sense of power when you move the price of a stock or a commodity 20, 30, 40%.
I can’t understand why the public doesn’t do the same thing to stocks when they want to ‘send a message.’
It would be easy with stocks like Coke or Starbucks.
Just for the fun of it. But activists are very, very serious and they think that the power elite are evil and plotting against them when the reality is that the folks in power are just having fun.
The discussion Paulson had to decide on the 700 bn. bailout with his subordinates lasted about 10 minutes and they picked that number because they thought they could ‘sell it.’ There was no grand plot or conspiracy. These guys are just bozos who would rather be getting some steam at the NYAC than screwing around with actual ‘work.’
I think the biggest mistake activists make is taking these guys too seriously. Why not take down a stock like coke to zero just for the fun of it. Activists are so droopy and dull.
@ Dan S
Pleasure to discuss ‘it’ with someone whom has put in some emphatic thinking. “Large organizations are lead by psychopaths who treat our evolution as something to be gamed, and without our survival depending on the foreign environments we take from, they are gamed too.”
This is the crux of our situation, we have let small groups of ‘expert thinkers’ do all the anaylisis for us. If we can not bring sense back to the commons, we shall lose our common sense
PS@Oil / “Wem gehört das Meer” ( Deepwave )
Crazy, I can only find references to the film in German, Polish, Russia and other languages , but hardly a single English language review.
http://www.online-artikel.de/article/wem-gehoert-das-meer-bester-natur-und-umweltfilm-30395-1.html
…
(On-line Artikel.de) – which ” documentation; Whom the sea belongs – to race around the last Rohstoffe” the producer Sarah Zierul on the Atlantis of this year nature and environmental film celebration were distinguished as the best film. The prize was assigned for the second time and is endowed with 5.000 €. In the Caligari film stage of Wiesbaden cultural and Umweltdezernentin Rita Thies presented the price to Sarah Zierul. “ Succeeds carrying the authoress in descriptive and packing way the spectators forward on a journey into the past and into the future of our world. …
…
…
…
Max, unfortunately many people don’t believe something is possible until they see it happen. It reminds me of sports in school. I’d fight to the very end no matter the score. Others would give up when it looked bad and guarantee the loss. People don’t want to sacrifice without a guarantee of success. Of course that isn’t sacrifice. It’s purchase.
Many charities attract “activists” to do just that. Purchase good feelings. No learning or efforts without certainty of outcome required.
I don’t share the view that the likes of Paulson are just having fun because I don’t believe that is the “they”. I think Paulson and such are servants of bona fide psychopaths. They all reek of fearful servitude and the fun is part of the pay.
I can’t believe he apologized to the Congressbitch. She should be taken out and shot together with the vast majority of government personnel.
When the majority of the population has become disenfranchised to the point of Les Miserables, the search for the guilty will ensue. The names that will be in the headlines and who will be the ultimate fall guys will look like the first book of the Old Testament, Rosenbaum (AKA Rand), Greenspan, Rubin, Dimon, Blankfein, etc.
@Phil
well maybe Einstein is right when he warned the public about the possibility of a pool shift. That would turn the world upside down!
@henk .. Pole Shift
I remember them in the 1980′s predicting this pole shift by 2015 !
40 miles/year = 400 in 10 years …. that’s a massive shift.
Hope the birds find their way to the warmer countries in winter !
;-(
Is war necessary for progress? Pt2
Short 5 minutes …
http://www.youtube.com/watch?v=wUfYGl40KqE&feature=sub
Thank you!
o not really the free market but state spending brought about the internet age?
apparently communisim won, just not in the country you were told!
oh, and not by those who actually invested in it
@Phil
The position taken is complete nonsense. Nasa and DOE have developed breaktrough innovations. True defence and warfare are great motivators, but to point to a few and say ‘allow things to develope without the cruel test of the market’ is utter crap if I may say so. The ‘cruel test of the market’ is french for ‘breaking into the bank controlled market’. Making war something one could contemplate from an economic perspective is quite an achievement. Only psychopats talk about the merits of mass manslaughter.
they are eatin their own as we speak,
sun valley without power,
http://www.dailysunnews.com/archives/story.aspx/17355/power-outage-closes-three-sunnyside-schools
pay to play as it were
sunvalley is a company town
sinclair oil
I’ve hated Coca Cola since I was a teen. Bizarrely I relented and started drinking it about 2 or 3 years ago after being on my own sort of solo boycott. IE boycott it so long as it’s a tooth-decaying drug in a can that advertises anything that helps sell it, which incidentally is nothing that it actually is. (yeah, I know that’s not what is meant by a boycott, but I was holding out!)
So what would be the best way to attack the brand? Some sort of viral video would be my guess. If only making videos cost pennies a piece and was addictive.
I seem to recall a stat from an Annual report years ago that Coca Cola had sold 14.7 billion cases the prior year. At 42 grams/can and 12 cans a case, that’d be 16.3 billion pounds of sugars drank. Sadly, that looks about ballpark right. What would that much sugar look like? How many cavities is that? Do dentists buy Coca Cola shares? Nah. They’re already getting dividends.
@theunderfundedmentalist, The company folks are calling it “a blessing in disguise”. They make it sound so good it makes me want my power to go out.
http://blog.sunvalley.com/2009/12/christmas-blackout-2009/
@ Max…
I love that you make us laugh at this stuff. If we were given the medicine of this current reality bitter…we would be crying most of the time. Stay Strong!
Holip
@ Mother Earth…
Isn’t it amazing that instead of fixing this system to benefit the masses of the earth’s inhabitants, the only solution of the ruling class elites of this earth is to find a way to destroy the people. Priceless.
And people have a nerve to laugh at the Venus Project/Zeitgeist movement.
@phil,
well nature will adapt.
@Daniel S
The best way to attack a name brand ? You should ask that question to the japaneese yakuza. It’s one of their specialty. Big japaneese corporations and probably Coco Cola pay up. Not very complicated specially with food stuff. Get the point ?
@ MaxKeiser,
I largely agree, though what someone someone like Paulson or Fuld choose to do, just for kicks, probably serves a slightly more power-oriented, even sadistic, sense of fun compared to others.
Maybe it’s a ‘we threatened them with marshal law!!! lolz’ kind of thing, but I agree, to really know a social or political movement, check out the after-party.
Anyway, you related power to fun, and for many it is I suppose. At the same time, most of those activists you’re criticising would talk in terms of ‘empowerment’, and maybe that’s a difference.
If reality tv scandals can motivate more complaints and ‘virtual’ activism by phone/text/web/and social media than anything else shown in UK media, … then I suppose it’s only the means to engage with the same emotional commitment to taking a similarly modest financial stance against a corporation that might offend them.
That audience have their own sense of fun too, and more than a little glee if the believe they’re getting their point across by uniting behind a cause. But half of them aren’t old enough to trade.
)
I think karmabanque is good as far as it goes, but to reach a critical mass it requires accessibility to the financial transaction within the bounds of financial services law (where does the money change hands), something easily executed that doesn’t potentially open up campaigners to being squeezed themselves, or passing over control to some caste of ‘fund-managers’.
How might karma-banking deal with an induced *rally* in bank or war stocks — was I the only person on 9/12 to consider how a Merchants of Death Fund might perform?
Anyway, you can short GS to death, but it’ll likely be yours before theirs. So go long kick-backs, based on some Corruption Index? Identifying targets ripe for handover to the shorts for boycott, perhaps funding the campaigns seeking to turn their momentum?
HarryW and MaxKeiser.com:
What’s fun is pretending agency when there is none. It’s a side-bender laugh a minute.
Why do you both ignore the most pertinent information on finance in the last year?
http://www.marketwatch.com/story/japan-banks-capital-relief-may-be-short-lived-2009-12-15?reflink=MW_news_stmp
Fun and games with the deluded public, perhaps.
Paulson chose as clost to 1T as he could seeing as it is a line of credit and not a lump sum. The choice was to sell the American public to the same banking interests that have been served by the public prior to the collapse of the present international financial system.
http://www.marketwatch.com/story/new-basel-capital-rules-delayed-10-years-report-2009-12-15?reflink=MW_news_stmp
Fun is playing with the mouse before it dies: it dies from the play. So one can’t claim conspiratorial agency as much as contempt, right?
“In other words, différe/ance is one of those instances in which the order where speech expresses or manifests instantly and immediately—without delay, without confusion, without detachment (no remove)—self-present meaning or truth (as discerned by reason) is disrupted. What more, it is writing—supposedly but its derivative—that performs the function that speech is unable to. What was thus thought to be secondary—supposedly alien, lifeless, late; mere inscription, mere substitute, but supplementary—is revealed to have the primary function in the system—on which relies its very working.”
http://massthink.wordpress.com/2008/12/06/derridas-differance/
Function of life: that’s the question. Perhaps the mouse will have the last laugh?
A Nation of Laws….piffle
We are kidding ourselves if we think we are going to vote change.
The list of known criminals that control key spots in American governance continues to grow.
Rahmn Emanuel now joins the ranks of Geithner Paulson and the Fed boys.
A high society rouges gallery y’all.
They are not going to prosecute themselves.
WE are going to have to go “get’em” ourselves and soon or else the coming evisceration of the middle class will get ugly.
Harry Markopolos is my hero…at least he tried.
With a clarity that is spoken outrage.
http://www.youtube.com/watch?v=sDfgnfIWy8U&feature=fvw
What has happened since this “hearing”
Let’s Get’em.
@ frances,
The Basel accords are not ignored, I’ve discussed them with you at length, but they aren’t directly relevant to every discussion.
Max is talking about extending the agency of activists; creating the means to enable people to act against corporations that offend them, if they wish to.
I’m wondering how that karmabanque mechanism might be made directly accessible, in order to tap into a potential mass market/movement for ‘virtual’ activism (even commiting capital to that) and to backing that with real life boycotts or campaigning.
I suspect access to the financial transaction and control over funds raised would have to be more direct. Maybe less reliant on others (like hedge funds seeking to capitalise on a boycott) and avoid creating a caste of fund managers; because surely after a short-attack, hedge funds would be just as happy to rake profits in on subsequent movement in the other direction.
@HarryW:
You discussed nothing at length with me: you talked down to me from a presumption indicative of your standing within the hiearchal structure which you assume may be controlled for your benefit.
You ignore the movement of the elite powerful to create a new international financial system with an inherent disregard for national sovereign choice in deference to an International Clearing Union as proscribed by Bretton Woods. Ignoring this post-industrial thrust with a view to reform the current moribund system is ill-advised and naive.
One might fly an ensign as a pirate for the crown interest, for the movement you foment is surely not ‘grassroots’ but plays directly into the hands of those who find it fun to watch and perhaps even bet on cock fights.
@Andrew,
Bartlett might want to check himself into straw man anon.
Just to clear his head
@bonn
Reflections And Warnings – An Interview With Aaron Russo {Full Film}
http://www.youtube.com/watch?v=YGAaPjqdbgQ
is the best – aaron russo is so obviously not full of shit
also, i’d love to see your list
Get Bob Chapman on!!!!! No news from this lady. ZZZZZZZZZZZ
@Max
i agree that monetizing dissent is probably the only way out.
whether they are plotting or just having fun or both, these thieves are seriously mentally ill control freaks
@Max
i still think that someone put all this power in these bozos hands
I’m having a hard time laughing at GS or wall street and their machinations. When I see these bastards getting beaten by an angry mob or going to prison and doing real time, then I will laugh.
There’s too much pain out there in the real world and economy to laugh.
Now, taking it as an observer, stepping back emotionally is a good idea. In one of the last interviews given by George Carlin, who was very astute as to what has been going on for YEARS, said that was the only way to stay sane. To step back and watch the parade of clowns, assholes, thieves and criminals, politicians as a performance……I sure wish he was still around. Boy, he could do a rant like nobody else.
So, Max that may be where you are going here.
These political types are also murderers and assassins, that is the hardes part to take.
@Anthony Novak:
“…..reads like the first books of the old Testament” is, so DAMN FUNNY AND TRUE!
@Max
Wo, dude. Hell of a fine rant and fine Xmas present for us minions out in Bizarro World.
All the best to everyone.
I think MAx, the first video comment is not appropriate. While the anchor was correct in his views, he did not let the congresswoman speak. That is not the way you treat anyone in democracy. He should have heard her out and pricked holes in her view – like Rachael Maddows did the other day.