Technically Bankrupt Jibber Jabber

Stacy Summary: Another John Williams hyperinflation interview. Always good.

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[VIDEO] RT takes on Fox News, Spin Doctoring & ‘Entertainer,’ Bill O’Reilly

Stacy Summary: Yeeha! The total opposite of how Aljaz responds to Fox.

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The Keiser’s Business Guide to 2010 . . . Only Five More Days!

Stacy Summary:  The BBC have updated the page, so I thought it was a good excuse to remind you to set your alarms for 8pm, December 31st.  You can listen live online (just click the appropriate button the page below).  And those in the UK can download it via iPlayer.

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Replacing contractors, pushing casinos and responding to Goldman

Stacy Summary:   Got through the ho ho ho.  Here is what I am reading this morning.

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[OTE33] On the Edge with Max Keiser – 25 December 2009

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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Ho Ho Ho Jibber Jabber

Stacy Summary: Santa visit anyone last night? Or have you all been too naughty? What do you do on this day? Lots of food? Presents? Nothing? Or was it last night you celebrated?

Ho ho ho

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OTE Preview – More Pimping with Keiser

Stacy Summary:  Preview of tomorrow’s episode . . .

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Gilty Jibber Jabber

Stacy Summary:  h/t @Mike/Liverpool for this.  Gilts sell off as Britain joins Italy in debt house.

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It’s Hard to be Jolly with Sad Santa Stories

Stacy Summary:   Ho, ho, hoooooouuuugggghmmm.

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Goldman’s body count is criminal

Stacy Summary: As we have said in our radio shows, Goldman basically took out an insurance policy on the US economy and her consumer/citizens and then had every incentive to burn the whole thing down to collect on the insurance money.

In addition, the Federal Reserve and the Treasury, by helping Goldman Sachs to profit from homeowner and investor losses, conceal their misrepresentations to shareholders, destroy insurers by stuffing them with toxic bonds that they marketed as AAA, and escape from the consequences of making a risky bet, committed a grave injustice and, very likely, financial crimes. Since the bailout, they have actively concealed their actions and mislead the public. Goldman, the Fed and the Treasury should be investigated for fraud, securities law violations and misappropriation of taxpayer funds. Based on what I have laid out here, I am confident that they will find ample evidence.

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Triple AAA Jibber Jabber

Stacy Summary: Fitch warns France & UK they risk losing their AAA rating. Back in Paris. I didn’t notice much snow in northern France, nor was it especially cold; in fact, it seemed warmer than normal.

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Middle Class Jibber Jabber

Stacy Summary: We are going to try to get away . . . heading to Eurostar now. Fingers crossed. In the meantime, I am reading that the middle class have been hard hit by recession.

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[Video] Renegade Economist Christmas Special with Max Keiser

Stacy Summary: Enjoy!

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Shock! CDC failed to check whether vaccine advisers had financial conflicts of interest!

Stacy Summary: I’m sure this was a totally innocent lapse.  UPDATE:  I have added story about the single body that approves new drugs for NHS having the pricing power to get Spanish drug maker to reduce new cancer drug price by 50%.  The article points out that this is the third such success this year.  It seems that many ‘free market’ (though there aren’t any) people against health care reform, usually would endorse this sort of pricing power when it happens say with Tesco getting avocados or chicken from a farmer, but when it is a similar monopoly power negotiating down life saving drugs . . . it’s bad?  Thoughts?

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