Stacy Summary: What say you to Gordo’s ‘debt fantasy?’ Sounds like the average Brit to me . . . Come to think of it, he sounds like the average American, Australian, Kiwi or Canadian as well . . . @Mike/Liverpool’s thing of beauty will happen one day. Will it come soon enough for him is the question, though.
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“The Prime Minister used his first interview of the new year to warn that the Tory plan to cut debt would damage the economic recovery.”
What?
Mr. Brown and Mr. Obama drink from the same cup. How about following Ron Paul’s advice, end never ending imperial wars and use the savings from this to pay down the national debt. I know that this would not sit well with big oil and the military, but in the end both the US and Great Britain would be safer more prosperous nations.
Gordon Brown will announce next week that he will be selling the rest of the gold to pay fot 4 hours of interests on the debt. I love a good rumor.
Charles Goyette Noory Meltdown of the Dollar
PeterSchiffChannel
2. Januar 2010
http://www.youtube.com/watch?v=A6NxRAPUC5w&feature=sub
2 hours AUDIO … still listening , so far , very good.
Investing in skills and schools? That would create an opposition!
not that one eyed prick again. fuck i hate him. i’d rather hear max sing.
Sorry Gordon, i lost count How many people are we at war with now?
Don’t wars cost?
Mike
@Mike/Liverpool. i asked you your opinion few hours back. am i on your no reply list.
Debt is wealth (1984) No. 2010.
I just could not resist the temptation. Enjoy
The Debt Fantasy Queen
Parody of Dancing Queen
You can charge, you can spend, having the time of your life
See that citizen, watch them spend, the Debt Fantasy Queen
Week and weekend nights it doesn’t stop
Looking out for a place to shop
Where they charge the right price, gettin in the mood
You go out lookin for a creditor
Anybody could be that citizen
Night is young and the price is low
With a bit of credit, everything is fine
You’re in the mood to go shopping
And when you get the chance…
The Debt Fantasy Queen, young at heart and high on debt
Dancing Queen, feel the beat from the credit card
You can charge, you can spend, having the time of your life
See that citizen, watch them spend, the Debt Fantast Queen
You’re a spender, you turn ‘em on
Leave them burning and then you’re gone
Looking out for another, anyone will do
You’re in the mood to go shopping
And when you get the chance…
The Debt Fantasy Queen, young at heart and high on debt
You are the Debt Fantasy Queen, feel the beat of the credit card
You can charge, you can spend, having the time of your life
See that citizen, watch them spend, The Debt Fantasy Queen
@StacyHerbert. your right about the average canadian but here it’s denial, not stupidity. in my small city of stratford ontario stores and restaurant’s are closing or in trouble. we depend on tourists to fill our theaters and restaurants. the council is spending a fortune on lawyers fighting wall mart and the guy that owns the CNR shops. were broke. everybody just keeps smiling.
who am i kidding, it’s stupidity.
Gordon Brown, like Tony Blair before hiim, have always lived in the ‘fantasy’ of a NWO (New World Order) where the British pound sterling can be printed out of thin air and still be as valuable as a pound of silver.
Give me a break.
The best thing that Gordon Brown could do is renounce everything he has ever said or believed about the ‘wonderment’ of globalization and free trade and then make one last apology to the world in a letter of resignation.
Obama/Brown are disciples in fellowship of a NWO where bailed out already failed banks like Goldman Sucks and JP Morgan rule the world by financing the very air we breath and out-lawing the carbon dioxide we exhale.
Are these leaders the best the West can come up with?
BBC. US closes yemen embassy. seems they have found out al kady is going to attack. a taxi driver told them. the CIA wishes they would have taken a cab to the amsterdam airport insead of renting a car. obama has made it mandatory that all CIA agent sleep and eat in cabs from now on.
Another insightful Post from glaciernine@Investor Village
…The question is who’s kidding whom?
Various observers estimate that on any given day 70-90% of all trades on the NYSE are “institutional”. JTUP (Joe the unlicensed plumber) is still in heavy hiding. Now with very substantial concentrations of cash in “dark pools” of unaccountable hedge funds and untouchable but seriously manipulative “sovereign wealth” funds, the investor universe shrinks as to numbers of players. The croupier sees fewer players at the table albeit playing for huge amounts much of it borrowed, hyper-hypothecated, or non extant (like ‘naked’). Possibly the “sovereign” has come to actually trade his own position with himself as do market makers to create an illusion of volume and direction. Possibly shares are made to advance so that company saving IPOs can be distributed to “the public” or possibly institutions who can bask in some quietly agreed confidence that the new money will help the derelict survive and that there’ll be a “sovereign put” underneath them to assure the appearance of profitable popularity. It is a world of appearance. As the puppets dance for balance sheets & bonuses, the master pulls the wires to “make” things happen. Free markets, it appears, died during the Chaney Administration and those born again as to how easily prosperity in this area could be created are still behind the curtain & in control. You only want to “own your share of American business” (Kieth Funston & the NYSE motto for decades) if you can rest assured that, in effect, ‘the fix is in.’ But is it? As monetary ‘intrinsic value’ fails and exported jobs do not return and problems grind on (bank balance sheet surprises, the ‘no lend’ policy, more real estate under water, credit cards etc., ETC.) there comes to mind the constant question of the Tontine or Ponzi; WHEN does it all come a cropper and what might be the trigger? So there’s the “wall of worry” for ten. Maybe the Church of Prosperity folks should start to sing as one, united, the anthem of “Hands off my markets.” Possibly a nice corollary might also be “Made In America”. Remember THAT one? So get ready for some football tomorrow. IMO its still gold & oil. All JUST in my (probably rather warped) opinion, but hey, It’s a lovely day in the neighborhood! Very best, goldbugs in ten. g-9
http://www.investorvillage.com/smbd.asp?mb=144&mn=36741&pt=msg&mid=8380061
PS: The “i” was missing on the misspelled “Cha(i)ney”
@Mike/Liverpool. veitnam-gold?
@Phil/Germany. you like to work. your link says what you typed.
Hi di hi y’all,
Just back from my Winter Vodka BBQ (Without Vodka though but French petite sweet ,soft and fruity wine) and I must say it was a great success.
Not only did the Ir and me managed to change the landscape of BBQ design and building, the meat was absolutely delicious and the BBQ burned like there was no tomorrow.
I should everybody advice to have some Winter Vodka BBQ’s cause they lift the spirit and doesn’t let you get bugged down by the ” Global Cooling.”
The eastern half of the U.S. faces a cold, windy day with RECORD-BRAKING temperatures; Florida Escapes Crop Damage (Bloomberg) http://tinyurl.com/yaon6n3
France is in a poor position with regards to public debt:
http://dailynews.muzi.com/news/ll/english/10096848.shtml?q=&cc=36704&a=on
Where will Sakozy make cuts?
See, we’re killing 2 birds with one stone here in UK. Free health care plus debt relief – of sorts.
http://www.moneysavingexpert.com/news/health/2009/12/nhs-stressline-opens-to-tackle-debt-worries
Excuse me, that would be Sarkozy.
Odd how France has a Prime Minister and a President. I suppose the one in charge of cuts would be Fillon, right? Why the need for the embarrassment of Sarkozy?
What does it matter what Gordon Brown says, he’s finished fuckwit that he is, he should do the honourable thing, get out the oul service revolver and retire to the study… if only.
http://www.nytimes.com/2008/04/14/world/europe/14iht-sarko.4.11978033.html
Brown on Drowning street 10 is a laughing stock, a puppet of the NWO. If they order him to jump he asks how far he has to get into their bottoms.
The word on Gordon Brown from Cayman 9 November 2009 (Reuters) http://tinyurl.com/yjda8cl
7 August 2009,
As seats of power go, it is pretty spectacular. It emerged today that Peter Mandelson has chosen to run the country from Nathaniel Rothschild’s opulent villa overlooking the sparkling Ionian Sea in a secluded corner of Corfu.
The business secretary is standing in for Gordon Brown for the next week but he is currently enjoying the hospitality of his banking heir friend in the exclusive parish of Kassiopi, which has become known as Kensington-on-Sea because of its attractiveness to Russian oligarchs, bankers and politicians.
Last year, Mandelson’s stay in the Rothschild’s cream-turreted Greek holiday home descended into controversy when he was entertained on a yacht by Oleg Deripaska, the Russian aluminium billionaire, and dined on stuffed sardines with the shadow chancellor, George Osborne, at the nearby Agni taverna.
This year, he is keeping a lower profile, even arriving on an easyJet flight.
“It looks like he’s just going to stay on the Rothschild estate this time,” said Nathan Pascoe, who owns Agni taverna.
From: Peter Mandelson finally gets to run the UK … from Corfu 7 August 2009 (Guardian.UK) http://tinyurl.com/y9o2cfr
president of the caymans name is Bush, don’t tell me.
NWO is moving into Yemen now (A Country who practically Invented Coffee) Brown Warns of Yemen Threat, U.K., U.S. Missions Shut 3 January 2009 (Bloomberg) http://tinyurl.com/ylpps9d
Ha ha ha It does not matter … because you will understand in the end.
It does not matter your view
It does not matter what you vote for
It does not matter that your level of understanding
Because your getting inflation and a command economy whether you like it or not, disastrous or not. It is on the way in my TIN FOIL hat of a opinion!!.
Oooo the horror the horror of it all !!!
http://www.youtube.com/watch?v=oFCcPEEgZ_4
Not again!!! more not again
http://www.youtube.com/watch?v=kKZzgzzsQEI
Japan entering into a debt mine field
Japan Return to 1991 GDP Gives Credit Markets Mega Risk Crisis by Aki Ito and Keiko Ujikane Last Updated: January 3, 2010 10:01 EST (Bloomberg) STORY TO FOLLOW. http://tinyurl.com/y8eazof
US: Security Council Should Define Aggression for ICC
The Obama administration is urging the international community to accept UN Security Council jurisdiction over defining crimes of aggression at the International Criminal Court. Addressing a gathering of ICC signatories Thursday, US war crimes ambassador Stephen Rapp said the White House is concerned the court’s mandate to try aggression doesn’t include a clear definition of what it means. Rapp said the decision should be left up to the Security Council—where the US and four others hold veto power. Rapp’s address marked the first US engagement with the court since its founding in 2002. He made no mention of whether the US intends to ratify the court’s treaty.
http://www.democracynow.org/2009/11/20/headlines
Federal Reserve Chairman Ben S. Bernanke said the central bank’s low interest rates didn’t cause the past decade’s housing bubble and that better regulation would have been more effective in limiting the boom.
“The best response to the housing bubble would have been regulatory, rather than monetary,” Bernanke said today in remarks to the American Economic Association’s annual meeting in Atlanta. The Fed’s efforts to constrain the bubble were “too late or were insufficient,” which means that regulatory actions “must be better and smarter,” he said.
Bernanke said the Fed is working to improve its supervision of banks and has strengthened measures to protect consumers of mortgages and other financial products. Senate Banking Committee Chairman Christopher Dodd, who backs Bernanke for a second term, has called the Fed’s oversight of banks leading up to the crisis an “abysmal failure.” Dodd proposes stripping the Fed and other agencies of bank supervision powers and moving them to a new regulator.
From: Bernanke Says Low Rates Didn’t Cause Housing Bubble 3 January 2009 (Bloomberg) http://tinyurl.com/yhuopz7
@ ronron
Am I drinking alone?
@Snoot. the us really is busy legalizing all there previous crimes.
@namarama. no buddy your not.
@namarama. you seen bonn?
@namarama. the lazy fucker took off a few hours ago.
@ ronron
Heard he’s off the sauce for the new year LOL.
hic. clink.
@YouriCarma. benanke is consistent with his bullshit. ya gotta give him that.
The US is proxy arm of international coalition force, ronron. Unfortunately, Americans do not understand this but think we are spreading ‘democracy’ round the planet. If all else fails just say ’9-11′.
The Nobel Obama won’t operate in the open concerning Yemen with a mandate from the UN Security Council, but he surely is operating covertly:
Air Strike in Yemen Kills 30
In Yemen, at least thirty suspected militants have been reportedly killed in another air strike on an alleged al-Qaeda hideout. Yemeni forces, backed by US intelligence, are said to have carried out the strike. The attack comes one week after President Obama ordered cruise missiles to be fired at another two alleged al-Qaeda sites in Yemen. The Washington Post reports the Pentagon has poured nearly $70 million in military aid to Yemen this year. The US military has also boosted its counterterrorism training for Yemeni forces and is providing more intelligence, which probably includes surveillance by unmanned drones.
http://www.democracynow.org/2009/12/24/headlines
Arms profits, currency controls, and god-knows-what-else behind the ‘news’ on CNN today.
Remember: GCC is counting on Yemen climbing onboard.
http://www.yobserver.com/local-news/10017748.html
“The message was in regard to four major points: the rebellion in the north, the tense situation in the south, the al-Qaeda threat present in Yemen, and economic cooperation with the GCC.”
typo: meant without a mandate and Obama
@namarama. like you and i the skinny fucker won’t quit till after peak liver.
@ ronron
“peak liver” clasic..
Somebody, please, remake this video with Obama and Brown:
http://video.google.com/videoplay?docid=-3319967978568410735#
Whoever does it, please don’t forget the Arabic subtitles – very important! Maybe a $200 project for PMF?
@namarma. bonn owns the copy rite to peak liver. i could be sued, don’t say anything. are other people listening you think. mikes not.
Off-topic links for Stacy:
Bono’s Top 10 Futurism Ideas, including copyright defense:
http://www.nytimes.com/2010/01/03/opinion/03bono.html?th&emc=th
Top 50 Facts We Didn’t Know One Year Ago:
http://www.att.net/s/editorial.dll?eetype=Article&eeid=7020757&render=y&Table=&ch=ne&
@ frances snoot ~ The US is proxy arm of international coalition force,
I spoke with a woman who told me that as long as the war on terror is her husband working for lockheed martin will always have a job and for that she is grateful. She has no outrage of GDP. So much inertia to overcome.
“Pimco is a bond shop, but I think they have a view that bonds will under-perform stocks on a pretty regular basis in the future,” said A. Michael Lipper, the head of Lipper Advisory Services Inc., a Summit, New Jersey-based investment adviser.
“Now they are hedging.”
Pimco, a unit of Munich-based insurer Allianz SE, had about $940 billion in assets under management as of Sept. 30. More than 90 PERCENT of that was in bonds.
As of June 30, the Global Discovery fund had generated an average annual return of 7.6 percent since starting in January 2002, according to its semiannual report to shareholders.
From: Pimco to Start Global Stock Fund Amid Equity Push (Bloomberg) http://tinyurl.com/y8wu3hv
If you have 7.6% average annual return you have to lower that with inflation of minimal 2% maximal 3.5% you suddenly end up with a return of 4% instead of 7.6% in the worse case scenario in normal economical circumstances. But we aren’t in normal circumstances, take the constantly devaluating dollar for instance and the fact that only Asia’s buying in very unbalanced jumping markets.
So, that’s an other reason for financial investors to take more risk if their returns get eroded by the in-calculated FIAT inflation system which promises you 1,5% – 2,0% Basic Inflation but often turns out to be much higher.
Taking out the FIAT system would make Investing a pleasure again and not a race against Inflation which causes undesirable risk taking in an already nontransparent unaccountable fraudulent banking system. Inflation is often under reported by and for the Central Bankers to make them look better than they are.
Inflation rates and Gold prices are two things a Central Banker should not consider not to lie about according to the Dutch Central banker Nout Wellink who also was chairman of the BIS in Basel and is a member on the Counsel of Foreign Relations.
From 2005 member of the Trilateral Commission (TLC). Founded by David Rockefeller (Chase Manhattan Bank which is JP Morgan Chase now)
You have a leadership which places their confidence in the commercial banking sector, since they are the exclusive patrons of the bond markets.
But, politics may actually intervene at some point, where politicians in deference to the long bond price will engage in negative overnight interest rates.
It will happen sooner than later, because the commercial banking sector is set to sell off on the long bond and long term interest rates rise.
The way to stop-gap a crushing bond market collapse would be to take the short term money and use it to prop up the long bond price until the banking sector itself agrees to trade the long bond again.
You would drain the massive bank reserves and put it to work in the sovereign bonds, even when the commercial banking sector has abandoned it.
Heard a few days ago from a source in London that various civil servants are getting bonuses. Of course they’re not called “bonuses.” But that’s exactly what they are.
Yes, kids what we have here is pre-election spin. Not as blatant as the perpetual spin in the States. All three main parties (yes, Nick Clegg DOES count) are trying to out do each other re: who’ll have the least severe cuts.
Can the Tories get away wth a higher VAT? They haven’t called for a wtihdrawl from Afghanistan. They haven’t said prosecute the bankers for their role in the global depression. And the truth is Cameron (despite the spin) will never do it. The Tories can’t handle the backlash.
Which means Brown can sound as stubborn as he wants. That still won’t stop the justified anger at the bankers. Meanwhile, the banking sector is still counting on the business MSM to keep putting out their “this is a political hatchet job” rubbish.
Nobody’s going to be investigated or prosecuted. The bestsellers about “exposing the ulgy Meltdown truth” will keep coming. And nothing’s going to change.
@Frank6. you have leadership. sorry your staying. we have leadership.
@T. brown will go away and the next lying prick will take over.
You have it the wrong way round frances. The US may use the UN as a proxy, or a fig-leaf, by virtue of it’s power in the Security Council. As it has done in the invasion of Afghanistan.
However, if it cannot gain the support of the Security Council, it will bypass the UN and wage war without UN mandate, as it did in the invasion of Iraq.
The US would rather the definition of aggression be handled by the UN Security Council because it has a veto there, rather than by the ICC within a judicial framework, which the US refuses to recognise and has no veto over.
Arizona may dump speed cams http://www.nytimes.com/2010/01/03/us/03arizona.html?ref=us
The main cultural phenomenon being ignored here is that normally law-abiding citizens are being trained not to obey the law. Once the lawmakers start pushing citizens down this slope it’s hard to get them to turn around. Here’s another example: A Colorado town has passed a law directly in violation of many other laws:
http://www.guardian.co.uk/society/2009/dec/27/cannabis-legal-america-ski-resort
@T
” (yes, Nick Clegg DOES count)” LOL
@skippy:
Sad but true. The credit-based economy of the US is over with the dearth of securitization; what remains is our war economy. This is interesting:
“Such a broad attack on asset
substitution would throw many active
securitization markets into disarray”
http://www.lw.com/upload/pubContent/_pdf/pub1746_1.pdf
@harry_w. don’t get me involved in this. i got enough problems. you seen bonn?
The Federal Reserve, Treasury Department, and other government departments and agencies have indeed set aside up to $9.7 trillion to end the financial crisis and stimulate the economy, Bloomberg News reported earlier this year.
Nearly two-thirds of that money has come in the form of loans and guarantees, however. Some banks that got money from the Troubled Asset Relief Program are paying it back. Read more about Bank of America paying back its TARP money.
Meanwhile, the Fed has said it will stop buying mortgages by the end of March, when it will own $1.25 trillion worth. Assets held by the Fed now total $2.2 trillion, double what they were before the crisis hit.
The monetary base — total cash and bank reserves in the economy — is nearly $2 trillion. But growth of the broader M2 has slowed dramatically, and it now stands at only 4.2 times the monetary base, according to Prof. Hanke — from nine times before the crisis, he says.
That’s critical, because the velocity of money, not its sheer amount, matters most. “It’s the bang you get for your buck,” says Hanke. You can have all the dead leaves in the world piled up on your lawn, but you can’t start a fire until you light a match.
As long as lending remains dormant — and it’s been shrinking, according to Ian Shepherdson, chief U.S. economist for High Frequency Economics — fears of inflation will remain just that: fears.
“If the Fed wasn’t buying mortgages with both hands, Mr. Shepherdson estimates, the money supply would be falling 1% a month,” wrote Gretchen Morgenson of the New York Times last week. Read New York Times story on the feeble recovery.
Hmm, doesn’t a falling money supply signify deflation, not inflation?
As I said, I do expect some inflation down the road. Although I think Ben Bernanke will surprise a lot of people by how quickly he and the Fed raise rates at the first hint of a real recovery, there’s too much money sloshing around to fend off inflation entirely. And future U.S. deficits are a huge wild card.
From: The inflation boogeyman (MarketWatch) http://tinyurl.com/yd9b699
@YouriCarma. your right about deflation. you won’t be able to give you house away. bread will be $7 a loaf.
It can’t happen here (wherever!)
http://video.google.com/videoplay?docid=4353655982817317115#
However, if it cannot gain the support of the Security Council, it will bypass the UN and wage war without UN mandate, as it did in the invasion of Iraq.
Obama won’t. He’s so neatly in the pocket of European interest that he won a Nobel prize. He’ll be a good boy.
Boys and Girls. i’ll tell you something for nothing. she’s deflation for what you own and inflation for what you need. booze will get you through times without money better than money will get you through times without booze.
@Snoot. chirp all you want it’s more fucking war.
@Snoot. have i told you lately that i love you?
Huh! With a devalueating dollar Deflation is your friend even when is open and hidd’n inflation. Home values decrease is deflation including some lower product prices. But if you hold a devalueating dollar you think prices actual stayed the same, but your wrong.
So, when the deflation hits rock bottom the inflation will get clear and the hidden inflation at first. But later also the “Oil Inflation” when Asia picks up economical steam and pushes commodities higher especially China who decides 50% of prices outcome on metal ore.
Economic Forecast 13 december 2008: Old Prediction I made on REUTERS, December 13th, 2008, 7:38 pm GMT
” deflation and inflation going hand in hand ” http://tinyurl.com/ydlx6po
Youri Carma, Dec 16, 2008 11:41 pm EST Seems like Bernanke is gonna be Bernankesan going the Japanese way – Zero Rates – quantitative easing – injecting more reserves. http://tinyurl.com/yzr82oa
Quote Bloomberg: ” The Bank of Japan has been the only major central bank in modern times to mix a policy of steep rate reductions with quantitative easing, or the strategy of injecting more reserves into the banking system than needed to keep the target rate at zero. Spur Growth – Japan’s central bank kept its main rate at zero from 2001 to 2006 while flooding the banking system with extra cash to encourage lending, spur growth and overcome deflation. The abundant funds failed to prompt lending by commercial banks, which expanded their reserves at the central bank almost nine times by early 2004.”
@ frances snoot
thanks for the link, am reading it a second time; not that that is going to help me much.
@ frances,
That’s a purely speculative opinion, the US-UK invasion of Iraq without UN mandate is a matter of fact.
The Europeans don’t have Obama in their pocket, rather he has them — or at least those who swooned over him on his visits, and voted for his pre-emptive peace prize — eating out of his lap. Just another hope-merchant playing on people’s revulsion at the previous regime.
In Obama’s Nobel speech, he specifically reserved the right of the US to use force unilaterally, without international mandate if necessary:
He view’s international standards governing the use of force as a potentially useful force multiplier, not as a necessary condition for the use of force.
@ron ron
i’ll tell you something for nothing. she’s deflation for what you own and inflation for what you need.
thanks.
Youri Carma: DEFLATION STARTED January 16, 2009, 09:30:59 AM http://tinyurl.com/yajc88w
Youri Carma: “They will try to inflate themselves out of depth!”(Reuters Comment) http://tinyurl.com/ygtr2ho
Youri Carma – January 19, 2009, 02:04:49 PM ” Let me explain that the title of this topic “DEFLATION STARTED 01/16/09″ is a little bit euphemistic.
Cause in fact deflation=going down of consumer prices while inflation=more expensive consumer prices cause of cheaper money.
It is not deflation rather than inflation cause they are two different things so they can co-exist.
In fact when you have a deflation of 15% lets say of the price of your house but the inflation also is 15% you didn’t get anything you understand!?
That’s how it works and deflation already happened all around the world for the housing business, different in force though depending which area your talking about.
The low oil price gives a sort of inflated image of the real inflation which is a joke of cause when the mainstream media are feasting this false image of reality.
That’s why I wrote in a earlier Economic Forecast that a devaluation war between the countries is eminent if they want to follow the dollar to keep a imaginary export going.
01/16/09 is more to have a date on the deflation start since other consumer goods are deflating now (I called a House a consumer good since it has been used like that.)”
In fact China is played the dollar devaluation game while all currencies have devalueated against gold. That’s why it’s Central Banksters first enemy. That’s why the don’t care about fraudulating the system besides “it’s a small market” in their view which is true. But a buggery one!!
Gordon Brown reminds me of this classic
Jan Heldfeld
Congressman Pete Stark government debt is wealth
http://www.youtube.com/watch?v=UjbPZAMked0
February 05, 2009, 11:07:09 PM “Just found this old message to prove this is going on from November 2008 already!” http://tinyurl.com/ylewgoe
11.20.08, 10:58 AM EST, Thomson Financial News, UPDATE 3-Oil firms to store crude on ships as oil tanks http://www.forbes.com/afxnewslimited/feeds/afx/2008/11/20/afx5721298.html
“That’s a purely speculative opinion, the US-UK invasion of Iraq without UN mandate is a matter of fact.”
Yes, it is a purely speculative opinion. The future, one may hope, aligns with my ‘speculation’, or are you wishing, Harry, for a loose cannon like Bush/Crown Interests?
“The Europeans don’t have Obama in their pocket, rather he has them”
Your speculative scenerio is based for its appeal upon your readings, and it is as purely subjective as mine is purely subjective.
http://nobelprize.org/nobel_prizes/peace/laureates/2009/presentation-speech.html
“Obama has achieved a great deal. Multilateral diplomacy has regained a central position, with emphasis on the role that the United Nations and other international institutions can play. Former Secretary-General Dag Hammarskjöld said that “the
U.N. was not created to take humanity to heaven, but to save it from hell”. The U.S.A. is now paying its bills to the U.N. It is joining various committees, and acceding to important conventions. International standards are again respected. Torture is forbidden; the President is doing what he can to close Guantanamo. Human rights and international law are guiding principles. This is why this year’s Laureate has earned the praise of the leaders of international institutions. New opportunities have been created…
Mr. President, in both the First and the Second World War, your great country came to Europe’s rescue. We will never forget that. After the First World War, Woodrow Wilson sought to build a world founded on international cooperation and democracy. His success was limited. During and after the Second World War, Franklin Roosevelt and Harry Truman took initiatives to create the United Nations and other global institutions. Their creation still lives on today. The lesson was that the power of nation states could not be unlimited. States must commit themselves to international law and universal rights. The world moved away from unrestrained nation states and towards greater internationalism.
Today yet another American president is trying to renew internationalism. He reaffirms that the U.S.A. must lead together with others.”
@Skippy. your welcome.
Inspired By Max Keiser:
If you realy want to know the underlying causes of the problem you better start with Colonel Kurtz (Henry Paulson) from the movie “Apocalyps Now” instead of Colonel Jones, who’s gone insane and now somebody has go up river to take him out!
These dark pools of liquidity create a Black Market as big or maybe even bigger than the real one! The global financial system hasn’t become so complicated but merely is taken over by a group of greedy corporate fascists who want to bring the Americans into neo-feudalism.
I am flabbergasted by the lack of understanding of what really is happening right now in the United States. The Paulson Plunder team is playing some last of it’s poker game to get their hands on anything of value left in the market and they play it very slick.
Right now they are playing one of their last rallies in the dollar to clean up their balance sheets to leave the dollar for dead and go up into the commodities leaving a trail of destruction. So this has nothing to do with our ” assumptions our political system has worked with over the last thirty years” but more with neo-feudalism. “tectonic changes in geopolitical and global economic relations should be our starting point” sounds more like Zbigniew Brzezinski (man behind Obama) who has his eye on Eurasia for more than thirty years.
It is true that the changes of Obama are changes in the order which country to attack first but I am not sure if that’s what Frans Timmermans ment by this? It has nothing to do with this credit crises by debt-based, fiat, Fractional Reserve Banking system.
Let me illustrate the history of the credit crises by some short history overview and quotes;
I agree it all started at the Reagan-Thatcher era followed up by the Clinton Administration. Even Dr. Paul Craig Roberts the “Father of Reaganomics” regret that he ever worked for it, avowing that, had he known what it would become, he would never have contributed to the Reagan Revolution. A man who can sincerely (so not like Greenspan) admits his mistakes is a great man in my opinion.
1999 Repeal of the Glass-Steagall Act that separated commercial from investment banking by the Clinton Administration.
2000 Derivatives and credit default swaps were excluded from regulation.
2004 Setting aside capital requirements by exempting the investment banks from maintaining reserves to cover losses on investments engineered and this allowed the investment banks to leverage financial instruments beyond any bounds of prudence.
(Bear Stearns pushed its leverage ratio to 33 to 1 advised by crappy computer models – sometimes even 100 to 1 in some cases!.)
So regulation is not only necessary but essential!
Dr. Paul Craig Roberts in an understatement about the past Bailout bill;
“a mistake”
Paul Craig Roberts over de 700.000 miljard dollar bailout;
“only from one set of books to an other” (Banks -> Treasury)
“they are bailing out their buddies”,
“Only 5 Major Banks remain now for the Monopoly Man”.
Conclusion Dr. Paul Craig Roberts;
“If the foreigners are not gonna lend the money they have to print it!”.
Daniel Hamburg Congressmen, California;
“Who’s gonna Pay the Piper?”
October 12, 2008 Bob Chapman van theinternationalforecaster.com; “Europe now they are the proud owners of 75% of all the toxic waste derivatives produced by the American…”.
October 13, 2008 JD Power and Associates;” the global auto market may experience an “outright collapse” in 2009. And we’re only talking about autos.”
October 14, 2008 Puru Saxena to CNBC; “Saxena labeled bailout measures as “poison” in the long term, adding that tradable rallies will mask the problem until the second quarter of next year but the meltdown will ensue soon after.
http://weblogs.nrc.nl/discussion/2008/10/08/concerted-action-at-european-level-is-the-only-way-forward/#comment-101
He view’s international standards governing the use of force as a potentially useful force multiplier, not as a necessary condition for the use of force.
Do you really mean to say this, Harry? Because this is Obama’s caveat released in his speech you linked, but after your quote:
“But in a world in which threats are more diffuse, and missions more complex, America cannot act alone. This is true in Afghanistan. This is true in failed states like Somalia, where terrorism and piracy is joined by famine and human suffering. And sadly, it will continue to be true in unstable regions for years to come.”
‘America cannot act alone.’
@Skippy:
The article details the role that risk-management will have under basel for capital flows toward asset investment, and the role of basel in regards to the future of securitization.
It illustrates the unfair advantage banks with IRB ratings vehicles will have over the community banks under the standard approach.
This might be an eye opener for some:
http://www.ted.com/talks/loretta_napoleoni_the_intricate_economics_of_terrorism.html
If compare Japan medical industry to that of Norway you may freely conclude annually 17,000 deaths are directly linked to pharmaceutical companies pushing antibiotics.. http://tinyurl.com/yafxnj6
Brown and Blair have destroyed the UK. I believe you could see the UK split up. The English blame the Scottish bankers and politicans for the nations problems. Wales and Northern Ireland will be the question marks.
@frances snoot ‘America cannot act alone.’
Agreed! but America has played an evil Cop role in international politics which caused the U.S. to be seen as an enemy and not as a friend.
Saddam Hussein was a friend stabbed in the back by the Americans just like the Talibans today in Afghanistan. Mozambique was killed by the Americans while he was a good pro western leader and the Extreme Islamic fractions were helped in Iran causing problems until this day.
So, America is not exactly known by it’s ethical global policing around. They are regarded as retarded bullies with a death wish. Which only can be funny sometimes.
U.S.A.’s foreign political ethics are rerarted and blocked prosperous future outlooks for many nations.
It’s time for real change we can believe in!
Rectification: “Mozambique” must be “Mossadeq” from Iran who idn’t want to deal with BP.
A more in depth talk,..as above, so below!
http://www.youtube.com/watch?v=pv41ctqhJ5g&feature=related
The Real IRA is reported to have been infiltrated by an American double agent into the core of the organisation which planted the Omagh bomb by posing as a wealthy benefactor.
From: Real IRA ‘infiltrated by MI5 spy’ http://tinyurl.com/yzu8gvz
“So, America is not exactly known by it’s ethical global policing around. They are regarded as retarded bullies with a death wish. Which only can be funny sometimes.”
Retarded are the people that think there is a future in extending the life of the IMF: somehow idealistically separating the US war machine from its perpetual engine room through the demise of American capitalism. This will not affect any change.
And the end of ‘America’ will not mean the end of war: on the contrary, the war continues unabated through global profiteers.
Youri: shall I illustrate the nasty colonial interests and functions of your nation? If it is a matter of size, well, size matters but the seed remains just as potent and evil through any agreement with war.
The world agrees to war and scapegoats the Americans. That is hypocrisy.
The “Noriega affair” CIA Drug Funding Ties – The Oliver North File: http://www.gwu.edu/~nsarchiv/NSAEBB/NSAEBB113/index.htm
@frances snoot – “The world agrees to war and scapegoats the Americans. That is hypocrisy.”
No it’s not! Cause the Americans are the leaders of this evil pact. Only for opportunistic biased reasons on shortsighted very foolish “satellite states” like The Netherlands.There is a lot of nativity out there which you know it is.
Hic! ……..I wanted to say…..Only for opportunistic biased reasons, shortsighted very foolish “satellite states” like The Netherlands are following “Big Brother” U.S.A.
The Duchies will proven to have been making the “Going Dutch” choice in who they alley up with. Hahaha! The MTF’s realy thought they would be building homies in Afghanistan.
http://www.forbes.com/2009/03/29/g20-europe-international-monetary-fund-opinions-contributors-imf.html
“The IMF is too Eurocentric.
ncreasing the resources of the International Monetary Fund is probably the one issue on which there is some possibility of agreement at the upcoming G-20 summit. And in preparation for handing this money out to potential borrowers, the IMF announced last week that it will make borrowing easier, cheaper and with fewer strings attached.
But there are few takers for IMF money because there is a basic problem: Many countries don’t see the International Monetary Fund as very “international.” Emerging market countries in Latin America, and in particular Asia, see it as an Atlantic-centered, especially Europe-dominated, institution; that is, they see it as a Euro-Atlantic Monetary Fund. They are loath to borrow from it and view it as being prone to double standards in its dealings with member countries. “Never again,” they said after the experience of the Asian financial crisis of the late 1990s, and they have not budged from that view.”
@Youri:
This Dutch man does not seem naive:
http://www.netherlandsmission.org/article.asp?articleref=AR00000601EN&categoryvalue=statements&subcategoryvalue=
“Before turning to the Conference, let me re-emphasize our appreciation of- and continued support for UNAMA under the able leadership of the Special Representative of the Secretary General, Mr. Kai Eide. We welcome his presence here and his comprehensive and inspiring briefing today. We cannot overemphasize our collective responsibility to provide Special Representative Eide with the support that he needs to enable UNAMA to fulfil its broad mandate as defined by the Security Council. We are particularly pleased that UNAMA has established a presence in Uruzgan province where the Netherlands, together with other partners, is providing significant assistance and cooperation, both developmental and military. We see UNAMA’s presence in Uruzgan as recognition of the progress achieved by the Afghan authorities together with international parties, and hope it will further contribute to the development of stronger civilian structures in the South and to increased capacity of the Afghan authorities in this area. In Uruzgan and elsewhere in Afghanistan, the Netherlands is guided by the principle that Development, Diplomacy and Defence must go hand in hand.”
http://unama.unmissions.org/default.aspx?/
@Snoot. now that’s too much. america started this mess and you know it. who are you covering for. you told us were either with you or against you.
@Snoot. you can’t have your cake and eat it to.
The Future of the United States, Systemic Fraud, Corruption and Financial Instability
…
…
… I would like to end by quoting Marc Faber with one of the most compelling quotes of 2009. I find this quote compelling because the price of anything as measured by a fraudulent standard is meaningless. To me, it is a gift to be able to still exchange US dollars for anything with real value.
“I would buy every three months some gold and not worry so much about the price because the weight stays the same”
http://www.marketoracle.co.uk/Article16189.html
@ron ron
i’ll tell you something for nothing. she’s deflation for what you own and inflation for what you need.
Very good.
@yar @fran
America isn’t the brains behind these stupid wars, they are only the muscle.
@ronron:
The ‘war’ in Afghanistan is a joint looting operation using US military might and UN sanctimony.
If the uber-powerful are able to govern in a suprasovereign way, then why do we cling to moribund tales taught to us in the cinema or high school history class?
Can you explain how the US ‘started this’? Please being by delineating US sovereign agency apart from Nato and the UN, the IMF and the BIS.
I am not part of any ‘group’: if my posting here is not edifying, I will gladly stop immediately and unequivocably. I don’t believe in the term “us” as a sovereign interest or as a blogging group. We don’t even know each other, ronron.
I prefer pie to cake.
@frances snoot
Not!?
I think being almost two times WOII, which lasted 5 bloody years, mind you, isn’t exactly “an progressive achieved”. Somewhere somtin must have been going awfully wrong at some point.
Hic!……I think being almost two times WOII, which lasted 5 bloody years, mind you, in Afghanistan ….(9 Bloody Years now!).
@frances “I prefer pie to cake.”
I fully agree and for the rest I disagree with you, now just kid’n
I also try to stay as unbiased as possible and think I made a pretty good job of it but we all “carry our load” so to speak.
I’m simply saying that your contention that ‘The US is proxy arm of international coalition force…’ is the wrong way round. I can back that with Iraq, an example in fact, all you’ve offered is a speculative opinion about Obama future conduct.
No Obama really was swooned over by unprecedented crowds on his visits to Europe, and he was awarded a pre-emptive peace prize. That’s why it’s reasonable to surmise he has them eating out of his lap. It’s not speculative, it’s an analysis response to actual events.
The presentation speech by the Chairman of the Norwegian Nobel Committee you linked to is merely an example of one of those Europeans fawning over Obama. It doesn’t define Obama’s position in any way.
In Obama’s acceptance speech, he stated his position on the US reserving the right to use force unilaterally, or in coalition with others, while an international mandate for use of force is a preferred advantage to have in applying force.
Of course. ‘America cannot act alone’, and it didn’t when it invaded Iraq, without a UN Security Council mandate but accompanied by it’s junior ally the UK.
‘America cannot act alone’ is the kind of lofty rhetoric Obama was awarded the Nobel prize for. It sounds nice, but it’s ultimately empty: He’s already reserved the right to use unilateral force in anything he might define as ‘self-defence’, which includes the occupation of Afghanistan: That’s a US military operation supported by it’s NATO allies, which was followed by a UN ‘peace-keeping’ operation which has come under (US-dominated) NATO command.
That’s why your contention that “The US is proxy arm of international coalition force…” is the wrong way round. It simply absolves the US of responsibility for it’s own conduct.
Ain’t no fantasy. This guy is a Trojan Horse.
dang I have such a hard time keeping up, my pea brain understood, ‘The US is proxy arm of international coalition force…’ as the USA is “authorized” to enact force on behalf of an international alliance. And I did not understand international alliance to be sovereign states but to be “foreign interests.”
So, the US Military is the force used around the planet when needed and in directing its use the US President is following orders given to him by those foreign interests.
good night. off to have my nightmare.
but I am a self professed clueless kook.
dang I thought I deleted that last line.
Slightly off topic: Revolution 538 may be in its gestation period:
Revolution538 refers to a revolutionary backlash by the American people in which all 538 representatives of the house & congress are not reelected (435H/100S/3DC). Talk about history making..
There’s an uprising going on in response to Chris Martenson’s latest article: The Christmas Eve Taxpayer Massacre
http://www.chrismartenson.com/blog/christmas-eve-taxpayer-massacre/33354
“It simply absolves the US of responsibility for it’s own conduct.”
Rhetoric does not absolve one of responsibility unless the supplicant appears before a priest as a matter of faith. What you mean here is that I whitewash America’s sins.
I do not mean to do this. I often write here, and I am not pro-America imperialist in any way at all. I am merely being realistic. To say that Europeans are fawning over the puppet-leader of a bankrupt nation with a moribund currency is a little far-fetched.
That’s a US military operation supported by it’s NATO allies, which was followed by a UN ‘peace-keeping’ operation which has come under (US-dominated) NATO command.
The mandate came before troop deployment in Afghanistan.
NATO command was issued under the jurisdiction of the UN Security Council through UNAMA.
German and French banks got $36 billion from AIG Bailout 15 March 2009, http://tinyurl.com/cl7py8
ING 1.5 Netherlands
Rabobank 0.8 Netherlands
Goldman Sachs 12.9 US
France 19.1
Germany 16.7
UK 12.7
Switzerland 5.4
Netherlands 2.3
Canada 1.1
Spain 0.3
Denmark 0.2
===========
What say you to Gordo’s ‘debt fantasy?’ Sounds like the average Brit to me . . . Come to think of it, he sounds like the average American, Australian, Kiwi or Canadian as well . . .
===========
The mother country did instill fiscal responsibility into its white colonies — and the UK white colonies [to this day] may have debt problems … but there never was the intellectual history of these nations the will to go into hyperdebt like the US and UK.
However, when you are in the very centre of power in the mother country the extent of the debt problem can get totally filtered out.
If you have seen “Yes, Minister” and “Yes, PM” you can see more clearly the way the civil service and corporations can impress upon MPs the lack of a crisis existing.
In the end, and any good public poll should quickly indicate this: most of the population of the UK white colonies has at some intellectual level accepted that this debt crisis will last a while — but this will not found to be true in the UK or USA.
pre-emptive peace prize
Obama’s work on behalf of the industrialized giants represented as the nuclear five (China, Russia, US, UK, and France) was well-received by the Nobel Committee who remarked on his passage of the NPT treaty resolution. The resolution passed by the same five countries under UN sanctimony ensures that no countries outside the nuclear five will be permitted to enrich their own uranium. The hypocrisy was heralded by France who stand to reap great profit over Iran’s uranium demanding its immediate and full shipment to France.
===========
Revolution538 refers to a revolutionary backlash by the American people in which all 538 representatives of the house & congress are not reelected (435H/100S/3DC). Talk about history making.
===========
I just don’t see this happening.
The DEM and REP parties are just copies of each other, with different mid-tones bias. The recent presidential election, where the “citizenship” of both presidential candidates was at best imaginary proves this fairly conclusively.
Unless there is a 100% replacement by independents at the federal, state and local level — the beyond totally defunct parties will remain in power for another 200 or 300 years.
Even then, don’t expect this to help with the finance crisis — the US is beyond totally corrupt at so many levels any total replacement of the political class will only have a nominal impact.
Here Comes the Sun (Rob van Hattum, VPRO Backlight)
http://www.youtube.com/watch?v=mLHBFyfvK8A
=========
The main cultural phenomenon being ignored here is that normally law-abiding citizens are being trained not to obey the law. Once the lawmakers start pushing citizens down this slope it’s hard to get them to turn around.
=========
America has existed in a state of lawlessness separate from the lawlessness created by bad legislation. The two phenomena are separate but parallel to each other.
America, after WWII but before the 1970s had a brief time when it was not in a state of lawlessness — but not the kind forced by legislation.
The civil society never regained the full power it needed to make the US function properly, thus the current state of collapse.
@Max Power – 2 kinds of lawlessness
Do you mean the frontier “outlaw mentality” or something else? Or maybe you can give an example? TIA.
I think its best to start with whats really going on. The usa and europe are no more. They are controlled by a few bankster/nazi’s. Have been for a while.
This joke of soverinty is just happy talk to appease the very unaware. Which is all thats happening now.
People have no vote anymore. People have no choice in what happens anymore. Its one slick deal by the powers that be on the very unaware masses.
Dishonest and stupid, and thats not just Brown 6 April 2009, Posted by Oberon Houston Labels: Gordon Brown http://www.oberonhouston.com/2009/04/dishonest-and-stupid-and-thats-not-just.html
http://english.people.com.cn/90001/90782/90872/6853504.html
The “GORDON THE SAVIOUR OF THE UNIVERSE” SYNDROM
Gordon Brown is said to have bold plans. But look in detail and they are small ideas that resulted only in big headlines.
When he’s bad he’s very bad. But when isn’t he? 18 April 2009, by Matthew Parris – The Times http://www.timesonline.co.uk/tol/comment/columnists/matthew_parris/article6115437.ece
=======
Do you mean the frontier “outlaw mentality” or something else? Or maybe you can give an example? TIA.
=======
It took translating the treaty of Waitangi into French for this to become clear to me.
http://en.wikipedia.org/wiki/Treaty_of_Waitangi
http://fr.wikipedia.org/wiki/Trait%C3%A9_de_Waitangi
The Maori version –> English was my base text.
“A state of lawlessness” (a fairly clear Maori word and concept, rendered acceptably into English could not be rendered into French — as French as a treaty language has some severe problems).
I knew what the text meant, but I also knew from my life in America its more chilling outcome of total disintegration of the functioning civil society. This is one of the few times when translating a document has sent shivers down one’s spine…
Lawlessness created by citizens not obeying the King’s or Parliament’s laws is not by itself a sign of total breakdown or collapse of a society.
Lawlessness — where the functioning civil society in any recognizable from ceases to be — and what the Maori chiefs were worried about … is what the US has evolved into without even knowing it.
This lawlessness is not new, and it is enduring … the current coming collapse of the US economic system is but its final outcome.
April 2009 The Crises is on the Rouque http://tinyurl.com/cjmc9j
@Max Power – Lawlessness
That’s interesting. I read both links but am unfamiliar with the history of NZ so my comprehension and analysis are superficial. There are obvious analogies with the US constitution and the treaties made with various First Nations tribes in the US. But there is still a at least veneer of civil society in the US.
Thanks for your comment – it has opened a previously unknown door for me about NZ. I think you’re right that lawlessness is not new in the US. People (and especially legislators) are not thinking about the eventual long-term effects of what they are doing. And it’s obviously getting worse.
thinking some more on what max said on the holiday special.
from what I understand reading on the internet, but I have poor comprehension skills so perhaps I am wrong; Everyone seems to agree our founders looking at the “workings” of our selfgovernence would not be satisfied with what has actualized from their vision.
so from there I Wondered what the role of capital was during the time of our founders and what/how they envisioned the role of the capital class ?
reading that wiki entry on the treaty of Waitangi using my orwell filter was strange.
Whoot whoot
Jon Stweart is back today
But crap its 9 am here gotta wait till tommorow 5th Jan at around 3ish in the afternoon till when I can see his show.
Hic
Last night me Internet Service provider was down wen I got back.
Was in Real Highly pissed off mood lol
woulda posted really nasty comments
Good I could’nt log on Hic
Better to be clear & consise
20 unruly fliers ‘hijack’ AI flight for 15 hrs
http://timesofindia.indiatimes.com/city/mumbai/20-unruly-fliers-hijack-AI-flight-for-15-hrs/articleshow/5408362.cms
LOL what a bunch of twerps
They have no clue about Fog and wind Sheer effects on an aircraft
Man the screw up with lotta Indians think that God has already decided how much time ya get to spend on Earth
bunch of lunatics
Hic
The role of capital has been made to be free of personal responsibility by a legal system which creates the fiction that a Company or Cooporation has the same legal standing as a person. This in turn allows the management and Directors to rape and pillage without having to worry too much about anyone else but themselves.
http://oai.dtic.mil/oai/oai?verb=getRecord&metadataPrefix=html&identifier=ADA114763
A Study of Wind Shear Effects on Aircraft Operations and Safety in Australia
I just grabbed the first link from Google
Essentially Wind sheer is most dangerous for an Aircraft that is Landing.
Take off not so crucial cause ATC has a good feel of weather surroundings, still dangerous but not as much as when an aircraft is comming into land.
Hic
Just some Jibber Jabber
@GGees – Yep, and because the means and the ends are one and the same ie we reap what we sow, this lack of personal responsibility on a global scale results in everyone raping and pillaging themselves. The idea apparently, is to somehow be such an effective rapist and thief that you can purchase your way out of the consequences of being raped and robbed.
@GGees
thank you.
could it be possible to limit the role of the capital class so that it was only allowed to exist on a predetermined scale, taken to an extreme not allowing monopolies. Maybe we need a bit more granularity now that we have multi-National corporations?
And if we are going to restrict size what other restrictions can we/should we impose on capital ?
Of course, since it is far easier to destroy/poison/harm than it is to create/heal/amend for the vast majority of participants the headwind of collective negative consequences is far too strong and they assure each other’s destruction. Heck, the billionaires should get it over with and offer everyone $1000 each to commit suicide. Might as well be direct. This destroy yourself one shopping trip at a time business is slow and boring. I already know the end of this movie. All big box store shoppers off yourselves so we can skip to your names in the credits.
@ Maxey & Stacey
Dubai to open world’s tallest skyscraper Middle East Online 2010-01-03
http://article.wn.com/view/WNATF9ACB77FDA5C81D2CEFA998A19809DE6/
Man 800 meters tall almost a Km
or half a mile.
http://tinyurl.com/ylg2hp8
Shaikh Mohammed to Inaugurate Burj Dubai
@Daniel S
I dont want $1000 of some fiat currency I want something tangible in exchange. Oh. wow. wait. What if they have nothing I want ? What if I opt out ?What if I become more self sufficient ? Why dont I decide what my choices are and pick from those instead of the ones being “provided/suggested” ?
I have a filtering problem.
Man Mukesh Ambani’s house is more costlier than Burj Dubai’s 1.5 billion dollars
talk about insane wealth
Indian tycoon builds tower block home£500m Mumbai palace for family of six and 600 staff High-rise era attacked as dawn of ‘new vulgarity’
http://www.guardian.co.uk/business/2007/jun/01/india.internationalnews
Dont know what the final price tag on his house is
But being in realestate all huge projects over run thier budget by anywhere from 20 % to 50 %
If ya got a lunatic running the show (project)
Then its 100 % over budget.
Hic
Bob Chapman on Coast to Coast Jan 3 2010:
Jan 3 2010 part 1
http://www.youtube.com/watch?v=XVm0N_oxsuU
Jan 3 2010 part 2
http://www.youtube.com/watch?v=W-IiCznJr30
Jan 3 2010 part 3
http://www.youtube.com/watch?v=94ccevvPEio
Jan 3 2010 part 4 final
http://www.youtube.com/watch?v=bHIJpknH_1Y
@Bonn
castles are back ?
India: Cold weather kills scores http://tinyurl.com/y9rjm2a
@ Skippy
castles are back ?
Well not for us Skippy middle class is like the crotch of a Guy We get one on the nuts lol
Rich get richer no matter what
Last year was talking to the 5th Bigest builder in Bangalore
He was saying business is down he could only sell 20 appartments per month now
I was like bejeeses thats a whole lotta money.
Hic
All we middle class folks get the rough end of the stick
Is seeing “castles” affirming feudalism is back ? Dont they go hand in hand ?
A castle (from Latin castellum) is a defensive structure associated with the Middle Ages, found in Europe and the Middle East. The precise meaning of “castle” is debated by scholars, but it is usually considered to be the “private fortified residence” of a lord or noble.
LOL i dunno if ya heard Max Keiser’s Anology of Castle Moats and Aligators
If the demand for tis goes up
More stealing is happening too funny
Dont have the right sentence/quote off hand
Hic
Headline : Tiger, forget Buddhism, find Christ: Brit Hume on Fox
I wonder the response if tiger goes the route of Islam ? I mean if tiger is searching who knows what he will find. I wonder if Brit is speaking from experience. Hey tiger, been there done that. Christ worked for me.
hmm.
Why The Moon Appears Grey From Earth.avi
http://www.youtube.com/watch?v=hXu_Zvt1jSw
Bob Chapman on Coast to Coast Jan 3 2010:part 3
Hic
@ youri
Man one of the callers is so far removed from reality
The chick who suggests to remove all Mosques from USA in order to counter terrorism
hic
Its gonna take 5 years or so
Moon Rising HD
http://www.youtube.com/watch?v=Utr29S6cUik
Bernanke:s Fantasy: Not My Fault!
http://www.washingtonpost.com/wp-dyn/content/article/2010/01/03/AR2010010300818.html?hpid=topnews
Actually I feel Sad for americans
Its not entirely thier fault. They don’t know they have a sneaky Govt. & Military Industrial System.
If I grew up in USA I probably also would’nt know shit.
Its how that KGB guy was talking how they have primed the US public for mass looting
I wonder when they’ll wake up
Hic
Webster Tarpley on Alex Jones Tv 1/6: Underwear Bomber “Establishment Controlled Patsy!”
http://www.youtube.com/watch?v=Cv8sSHphscg
Webster Tarpley on Alex Jones Tv 2/6: Underwear Bomber “Establishment Controlled Patsy!”
http://www.youtube.com/watch?v=uUAZQb5c2Jg
Webster Tarpley on Alex Jones Tv 3/6: Underwear Bomber “Establishment Controlled Patsy
http://www.youtube.com/watch?v=no0l6XrQddo
Webster Tarpley on Alex Jones Tv 4/6: Underwear Bomber “Establishment Controlled Patsy!”
http://www.youtube.com/watch?v=yhHxJdhtdZ0
Webster Tarpley on Alex Jones Tv 5/6: Underwear Bomber “Establishment Controlled Patsy!”
http://www.youtube.com/watch?v=lvkNcGpZuPg
Webster Tarpley on Alex Jones Tv 6/6: Underwear Bomber “Establishment Controlled Patsy!”
http://www.youtube.com/watch?v=yPVsA8o2v4E
@ Youri
I did’nt wanna mention tis
But since ya brought up the moon being Grey
this is really far out
So hold on
Me thinks the Peeps gonna see WW3 from the moon its all theater for em
Hic
if all these lunatics start dissapearing or dyeing all at the same time then Iam correct I suspect
Well We know Bill gates is on it and is young
All the other geezers are too old.
Steve Jobs Micheal Dell gonna keep an Eye on these buggers lol But these guys are so rich they probably have Doubles. I mean I would do that find a double.
It makes sense.
Hic
“Japan is the mega risk problem; it’s the next big thing that will hit the credit markets”
“Japan has never really escaped from the deflation situation of the 1990s”
“National saving will soon decline” leading to higher interest rates.
“… given that budget deficits are so high in Japan and there’s no firm target to reduce these budget deficits, we are somewhat concerned,” said Thomas J. Byrne, senior vice president of Moody’s in Singapore. “There’s no clear, credible policy yet from the new DPJ government to set a fiscal target,” he said, adding that while Japan can “can get away with large budget deficits” for now, that won’t necessarily be the case in the longer term.
Japan’s debt is projected to be 246 percent of GDP that year, compared with 108 percent for the U.S. and 89 percent for Germany, according to the IMF report. Greece, whose deficit the IMF estimates at 7.1 percent this year, saw its credit rating lowered to five steps above noninvestment grade by Moody’s this month and also cut at S&P and Fitch.
Shirakawa has said that adding cash to the banking system does little to spark the spending that’s needed to drive up consumer prices.
From: Japan Return to 1991 GDP Gives Credit Markets Mega Risk Crisis http://tinyurl.com/y8eazof
Think about the paradox. If everyone goes bankrupt, nobody is.
That’s a strange conclusion, but it’s true. Let’s just burn the books and start again. I really don’t think it’s a problem if you have gold and silver naturally. The more bankrupt the merrier. Gordon Brown stands for Grand Bankruptcy for Great-Busted-Britain.
@Bonn, Most people in the US still don’t question the Voice of Authority, but more are starting to. It modulates to RP on the BBC.
(More like Year of the Tiger.)
Could next year be the year of the dollar?
http://www.moneyweek.com/investments/currencies-2010-the-year-of-the-dollar-95105.aspx
The foundations of the economy, ecology and human health & development, don’t accept bankruptcy filings.
There is debt forgiveness for the elite… and debtor’s prison for the rest.
@Marc Authier
Think about the paradox. If everyone goes bankrupt, nobody is.
It is belived that the Mayans or Incas had a 50 day cycle where all the books were burned and the cycle repeated. or something like that.
Hic
Riskiest lenders were most active lobbyists: IMF http://tinyurl.com/ye5z2f3
Fannie mortgage holdings sink, delinquencies leap http://tinyurl.com/yeuolhf
Foreign central bank U.S. debt holdings fell: Fed http://tinyurl.com/ya4l7js
David Ickes Theory holds good here
—> Covertly provide the Problem
—> Public reaction outrage
—> Provide the Solution
Gordon Brown promises full body scanners at UK airports
http://news.bbc.co.uk/2/hi/uk_news/8438355.stm
Dunno about ya guys I would’nt go through that Scanner Hence the reason of me hugging Terafirma
Me thinks its part of the Depopulation Drive
Hic
@ Max Keiser and Stacey Herbert
How are ya gonna travel now
Please do take me advise and Alex Jones advise
Hic We aint brain dead public.
Esp whe ya have nothing to loose we start seeing crap from all angles
UNCOMMON COMMON SENSE
For People Who Think
Aubie Baltin CFA, CTA, CFP, PhD.
January 1, 2010
WHEN GREED AND THEFT WERE LEGALIZED
“The more laws, the more corrupt the Republic”
Corruptimus republica plurimae leges– Tacitus 118-123 A.D.
The American people by and large and especially the Media don’t have a clue as to what is really going on beneath the surface. The touted economic recovery and any comments there on, are pure fiction, wrapped in nonsense and false hope. Can I put it any plainer than that?
“Credit is a system whereby a person who can’t pay, gets another person who can’t pay, to guarantee that he can pay.” Charles Dickens
Courtesy of “lightwaves”@IV-PM
http://www.investorvillage.com/smbd.asp?mb=144&mn=36758&pt=msg&mid=8381208
http://www.gold-eagle.com/editorials_08/baltin010210.html
Commodities set to rise on back of global growth (The Financial Times) http://tinyurl.com/y8opuzg
Obama Sends Brennan to Sell Yemen Attack on Sunday News Shows
the “progressive” Chris Matthews claims to be worried about terrorists boarding planes who know Kung Fu.
Matthews spewed this blather on MSNBC the other day. He was serious.
LOLOLolololololol Hic
http://www.infowars.com/obama-sends-brennan-to-sell-yemen-attack-on-sunday-news-shows/
Britain’s leading economists are almost unanimous in their view that house prices are still too high. (The Financial Times) http://tinyurl.com/yzno3to
I wanna see how fast these Full body Scanners get Implemented
Hic
and can’t wait for the first leaks lololololololololol
Hic
U.S. growth prospects deemed bleak in new decade (Reuters) http://tinyurl.com/yecgok3
“I can see prices sliding by more than 10 per cent. The economy is in a shocking state. When it comes to advising clients in 2010 I am in predatory mood.”
It predicted that housing supply would increase through the year but would still not keep pace with buyer demand. It warned that rising interest rates and the end of fiscal stimulus programme would restrain house prices in 2010, however.
From: Uncertainty clouds housing market (The Financial Times) http://tinyurl.com/yb28ck4
And I remember seeing that scene in one of Micheal moores documentrys
No. of US citezens that die from terror attacks –> 67 per year
No. of US citezens that die from Heart deseases –> 450,000 cases dunno if it’s death
Budget allotted for counter terrorism 450 Billion dollars
Budget allotted for Heart Deses/ health 3 Billion dollars
Well with all these Trillions of dollars being thrown around, Old Data is hard to comprehend now !!!!
Hic
“Gold … has been outperforming not just the dollar since 2000, but also most developed currencies as well as most developed bond markets and most developed equity markets,” Tom Fitzpatrick, chief technical analyst at CitiFX, told Reuters Insider in a television interview.
“Going forward, it will be an alternative to paper money. A currency, rather than a commodity, and that’s what it’s been doing so far,” he said.
Gold ekes gains to end 2009 with 25 pct return (Reuters) http://tinyurl.com/yagvwze
If they body scanned his mind would they find any intelligence?
=======
@Max Power – Lawlessness
That’s interesting. I read both links but am unfamiliar with the history of NZ so my comprehension and analysis are superficial. There are obvious analogies with the US constitution and the treaties made with various First Nations tribes in the US. But there is still a at least veneer of civil society in the US.
=======
That is a stupid comparison in the above text — but typical of those that don’t know NZ.
You must see
http://www.nzonscreen.com/title/von-tempskys-ghost-2002
http://www.nzonscreen.com/title/the-new-zealand-wars-1998
to understand what the breakdown of the Waitangi Treaty led to.
NZ managed to get over this, but it took into the 1920s — and only after 1941 was the treaty restored to the legal status that it should have held in the intervening years.
The US has no Waitangi Treaty in its national history, so there is no document that lays out terms to keep the nation intact and honest — clearly the US and state constitutions are not helping in this finance crisis as they once did in the Great Depression.
@Bill Stewart – That is a stupid comparison in the above text — but typical of those that don’t know NZ.
Thanks, your comment really helped me understand the situation more better.
The NWO starts to operate
An amateur photographer taking pictures of Christmas lights was questioned by police under anti-terror laws.
Andrew White, from Brighton, was taking pictures in a busy town centre in nearby Burgess Hill when he was spotted and followed by two Police Community Support Officers.
They stopped him and asked why he had been taking pictures and if he was a professional photographer.
Mr White, 33, asked why they wanted to know and was told it was to do with counter-terrorism legislation.
Police said he was stopped for ‘taking too many photographs in a busy shopping area’.
http://www.dailymail.co.uk/news/article-1232513/Photographer-taking-pictures-Christmas-lights-questioned-police-anti-terror-laws.html
Unbelievable really. Luckily , we can still take pictures here in DC, though it’s unclear for how long, considering how fast Great Britain is slipping into a totalitarian wonderland. All aboard the fail whale!
Re. airport security, the old English man, Irish man and a Scotsman jokes may have to be replaced by an English man, a Slovenian and a Scotsman: ‘Slovak police send explosives to Ireland by mistake’:
http://www.youtube.com/watch?v=-TgEA7qq–g&fmt=
Theres no such thing as fool proof security in airports. Good training of staff to spot dodgy body language would be more effective and efficient than body scanners. If the chances of being in a plane crash in the top 25 airlines with the best records is 1 in 13.57m (quick google), the chances of being in one with a terrorist on board is even less. No consolation to victims families, but we need to get a grip and not fall for all this fear mongering.
By the way the chances in the bottom 25 airlines with worst record is 1 in 1.3m, quite a range. Cubana’s the worst rated and Delta the best, looks like a capitalist system works for some things. Theres actually a site called planecrashinfo.com