Stacy Summary: I doubt this is anything more than a PR event. Goldman Sachs seems a bit too eager to present themselves as the victims of the crimes they have committed.
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Stacy Summary: I doubt this is anything more than a PR event. Goldman Sachs seems a bit too eager to present themselves as the victims of the crimes they have committed.
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PR event. Time to feel bad for those who are screwing the taxpayers.
Love this quote from the article!
It all depends on what Lloyd gets,” said one midlevel Goldman employee, referring to Lloyd C. Blankfein, Goldman’s chairman and chief executive. He said Mr. Blankfein’s bonus had become a popular water-cooler topic. “If Lloyd takes home a big bonus, even if it’s all stock, and everyone else receives less, there will be some concern,” he said.
So they aren’t the most productive workers in the world! Blankfein needs their bonuses to be big to justify his own!
@stacy
This is from the other thread, but maybe you could consider Jonathan Turley as a guest for discussing the campaign finance ruling:
Interesting analysis of campaign finance reform ruling by constitutional law attorney Jonathan Turley:\
http://jonathanturley.org/2010/01/21/supreme-court-rules-5-4-against-campaign-limitations-in-the-hillary-the-movie-case/
God help them if the dogs lost any money in their 401Ks:
http://www.youtube.com/watch?v=m0LmpLrXHUw
I wonder if they took out some of that Larry Silverstein
double pay out terrorist insurance and then hedged against it.
That is how you will know if its for real or not…….. local bomb scare
http://www.times-standard.com/ci_14232964?source=most_viewed
U.S. Defence Secretary Cohen expresses concern about eco-terrorism using scalar electromagnetic weapons.
“Others [terrorists] are engaging even in an eco-type of terrorism whereby they can alter the climate, set off earthquakes, volcanoes remotely through the use of electromagnetic waves.
http://twm.co.nz/emecterr.htm
Any more on the Israel moving her forces to attack?
Mike
Interesting to learn about the oil market. I think the same goes for the gold/silvver market. Access to the physical market allows some to create a convincing speculative paper market.
A good model for business I think is several guys struggling to grasp a gun. The first that gets can make the others dance..
911 BOMB SNIFFING DOGS ABRUPTLY REMOVED http://whatreallyhappened.com/WRHARTICLES/911security.html
But on Thursday [September 6], bomb-sniffing dogs were abruptly removed. [
Marvin P. Bush, the president’s younger brother, was a principal in a company called Securacom that provided security for the World Trade Center, United Airlines, and Dulles International Airport. The company, Burns noted, was backed by KuwAm, a Kuwaiti-American investment firm on whose board Marvin Burns also served.
If we make them paranoid enough… hehehe.
CNBC is warning “Stocks will crash if Bernake” is not confirmed!!
http://www.cnbc.com/id/15840232?video=1392944588&play=1
Oooo, are we ascared?
W.E.Pollock .. demanding that GS gets taken down !!
Fear Itself – Blocking Symbols – Center of Gravity
Fear itself; we have a major symbol of corruption standing in front of us. In a working system this symbol would be torn down. Instead the corrupt are defining this symbol at all costs, even in light of public outrage. This points to the importance of this symbol as the center of gravity. Pull down the symbol and the center of gravity, the corruption on the center, will fall. Do we have the ability to force this reform? Will the sacrifice be in the blood of our children.
http://www.youtube.com/watch?v=6AOPeHPJL2c&feature=sub
Pretty angry … as one would expect !
@marietta … CNBC is warning “Stocks will crash if Bernake” is not confirmed
LOL … do they mean GS, BAC, C etc. ?
Hopefully !
I don’t think anyone would feel bad looking at this article or the pictures of the dogs…and “stuff” they use to brainwash people.
The short clip of Geithner lying his face and ass off regarding not being able to understand the banks and bonuses is enough for any thinking person to form an opinion that these people are criminals and we have been robbed.
I simply could not believe how naked and obvious that clip revealed what Geithner and Obama are about.
Seen this ( drop ) before somewhere …
DJIA since the rebound …
http://img638.imageshack.us/img638/8659/djia2010.jpg
US Crosses the Bernholz Line — Hyperinflation Early Warning Signal
not that we didn’t know what they are about it’s just that the lying is just beyond belief!!!!!!
I’d like to hear what experience others have…but when I clicked on that link above (to Huff Post), I got a giant ad for “Caprica” “Humanity’s last hope”.
LOL
GS is not Caprica.
They are more like the Borg or Cylons.
I’d like to shoot a Borg or Cylon…because they’re imposters, inhumane, and only about assimiliation.
Well, GS… I hope you guys learn what “assimiliation” really means.
@Phil
They also stated on CNBC
1 That senator Russ Feingold (D Wisconsin) has come out against Bernake
2 That the rules don’t allow for him to be allowed to continue as Pres. protemp of Fed as others have been allowed to do when the term expires before appointment can come up for a vote.
3 and that the number 2 at the Fed will take over if his term expires before confirmation
Sounds like someone has decided it’s time for him to go but hell if I know who that is.
No PPT today friends …
.. they’re annoyed !

DJIA + NASDAQ + SPX all hitting lows.of.day at same time …. which is normally when the PPT take over !
@marietta … but hell if I know who that is.
Grayson with Ron Paul ?
Denninger …
Bernanke: Pound Your Senators NOW!
…
…VOTE NO ON BERNANKE OR YOU’RE FIRED; INSTEAD, BRING BACK PAUL VOLCKER!
http://market-ticker.denninger.net/archives/1891-Bernanke-Pound-Your-Senators-NOW!.html
Little more inside in the Lloyd Blankfein way of thinking
Business: Corner Office: Lloyd Blankfein – nytimes.com http://www.youtube.com/watch?v=IVTWHtCsI_s
“”Real” Gold moving up ?
http://www.finanslinker.net/dukascopy/gold.html
Tiny H&S formation intraday !
@Phil – Thanks for that one, it’s a keeper. Have a great weekend.
Breaking news now..
UK terrorist threat level raised to ‘severe’
Armed police
The threat level was last at severe in July 2009
The UK terror threat level is being raised from “substantial” to “severe”, Home Secretary Alan Johnson has said.
The new alert level means a terrorist attack is considered “highly likely”. It had stood at substantial since July.
http://news.bbc.co.uk/2/hi/uk_news/8476238.stm
@Will .. U2 !
Is all this show of police force a preparation for the police state once the currency collapse is on?
Johngaltfla.com is no joke now.
With the UK doing this and that, it looks like we should be getting HAM radios operational now.
probably not a PR stunt it makes sense the emperors of every age always had to fear the people when it becomes to clear to them how they rule.
The Chinese emperor doesnt sit with his back to wall for no reason.
THREAT LEVEL SYSTEM
*Low – attack is unlikely
*Moderate – attack is possible, but not likely
*Substantial – attack is a strong possibility
*Severe – attack is highly likely
*Critical – attack is expected imminently
DOUBLE TALK – FIRST: It is in response to the perceived increased threat from international terrorism following the failed Detroit airliner bombing on Christmas Day.
LATER IN THE ARTICLE THE OPPOSITE: The decision to raise the threat level was NOT specifically linked to the failed Christmas Day bomb attack on a plane bound for Detroit or to any other incident, he said.
AND: Mr Johnson stressed there was no intelligence to suggest a terrorist attack was imminent.
So Why? This is BS!
@Phil/Germany. denninger to me is saying. 50 dollar fucking fines all around. the boys take the money and run. oh and a new system. nice work if you can get it.
@ WL – just saw that on teevee; what’s the deal? They’re reporting severe threat level here too yet saying there is no intell that any kind of attack is imminent? They do say it’s “highly likely,” though.
The whole war on terror is retarded. It’s a time suck, a resource suck, and a mental space suck.
@Mep. don’t tell me they got wolf blitzer on with lights and levels. no tv for me. fuck.
@Mep @Youri
They raised it for a reason, of course we have no clue what that reason is….legit or psyops
Bernanke on the ropes-
http://www.youtube.com/watch?v=BbPrZB0kZnk
@ ronron – don’t know about blitzer; was watching Dylan ratigan and suddenly a big red breaking news bar appeared on the bottom of the screen. He briefly spoke w/ someone in London who said s whole lot of nothing. Severe terror threat alert in Britain. No intell to suggest it is imminent. However, it is likely… Even through nobody is saying what the threat is. Maybe it’s a stunt to scare the EU into accepting full body scanners? Who knows.
Sorry for typos. Typing on my phone again.
Zero hedge off line for some time now
I am sure it is only a coincidence
@y’all. article at http://www.whatreallyhappened.com. Veterans Today Gordon Duff. SCOTUS
Now they say it is a reation to “Internet chatter.” a terror analyst made the claim that the UK is now where the US was last week… suggesting, I don’t know, that we’re on the same terror wavelength with both countries “communicating the seriousness of the threat to their citizens.” it’s important to remember, the analyst says, that there is no timeline on this threat. Hence, people should be on ultra-high scare alert until they’re told otherwise.
They should have brought in the DRUG sniffing dogs to 85 Broad Street…
Half the brokers would’ve been busted then…
Opposition Grows Against Second Term for Bernanke (The New York Times) http://tinyurl.com/y9l7vpx
17 NO’s till now, 60 votes necessary.
I wonder if the dow dropping this week is mainly to scare people into keeping bernarke.
Screw bernarke. Screw little timmy G. . Its becoming pretty obvious that if you do the opposite of what these bankster parasites want us to do things will be fine. What needs to be done is trials for these banksters.
Gordon Brown to push for ‘Tobin tax’
http://tinyurl.com/y97a9dd
@Y’all
Oh No… I just noticed the dribbling DRIVEL feeds on the side of the page!!!
Someone posted this on Zero Hedge…
I think it is funny
~~~~~~~~~~~~~~~~~~~
// copyright GS – 01-2010 *notes* still needs debug, crashes SYSTEM.
COMPLACENCY = 0
RETRACING = yearly_low / current_price;
if VIX < 15
try {
OuttaDodge extends ComputerAlgoProfitSkimmer {
when (RETRACING) = .5 goto SELL
else CRAMER;
SELL.Everything.Now ( Dark_Pool ) goto CRAMER;
CRAMER (Pump.Market) extends Short.Sell ( Naked_Shorts );
} catch ( CaughtInMarketManipulation )
( U_S_A / COMPLACENCY );
Load.Gun ( OrJump );
}
@Dan II (if you are there?)
So your position is that all climatic effects we are witnessing are natural and not a result of any human activity ?
Chris Morris’s Four Lions: exclusive clip from the ‘jihadist comedy’
http://tinyurl.com/y9s6dod
Four Lions, the eagerly-awaited feature film debut from Brass Eye’s Chris Morris, premieres at the Sundance film festival on Saturday. In this exclusive clip, we see how not to buy a dozen bottles of bomb-making bleach
Is Geithner on the Outs in Obama’s White House?
http://www.reuters.com/article/idUS177544294420100122
@ME. you dog. hahaha.
SG – No worries, just buy an iSpud and sign up for Tweeter, Tweetree, Twhirl, Twitterfon, Tweetie, Twittererific Tweetdeck, and Twotpix. You’ll get the hang of it and everything’ll be just fine. You may have to up the dosage on your meds, though.
This “Terror Alert” is standard operating technique for propaganda and those who are manipulating the media messages.
I found this gem of a statement from Dr. Ron Paul of Texas…
http://www.youtube.com/watch?v=nQts21QiKTQ
There are 3 parts to his statement.
Meanwhile, Israel’s army marches on the Lebanese border?
I didn’t realize that the Christian Lebanese army was such a threat that pre-emptive strikes, surveillance, and troop movements were needed…or am I just not realizing that Mr. Moskowitz needs another million orders for more arms? I guess he can’t get that money by charging rent and interest to the Arabs in East Jerusalem????
Pass me a money changer table…. oh I mean…Goldman Sachs fund… oh I mean…Caymans Hedge Fund???
The Central Planners announced Thursday that they would impose size limitations on big Wall Street banks, and restrict their investment activities. The plan is to separate commercial banking from investment banking.
Under the Obuma proposal, banks that take federally insured deposits or have the right to borrow from the Fed would be prohibited from owning, investing in or sponsoring hedge funds or private equity firms. Obuma called for limiting the size of a bank to 10% of the nation’s insured deposits. Interestingly, the key changes only affect a few large Wall Street banking firms such as J.P. Morgan Chase & Co., but largely excluded is the giant of all the Wall Street banking firms – okay everybody, take a guess – yep, Goldman Sachs Group.
That is because Goldman does not accept federally insured deposits. Goldman took a federal charter last year to accept free money from the fed and turned it into profits, however it paid off its TARP bailout loan and no longer needs a federal charter. This essentially gives Goldman Sachs a competitive advantage.
This Central Planner step is a knee-jerk reaction to a misinterpretation of why Republican Scott Brown won the Massachusetts U.S. Senate election Tuesday. The real reason was the Central Planners are more focused on Wall Street banks, first to help them, now to hurt them, than the needs of American households.
American households need cash from non-debt sources. The best source to provide across the board help would be a major income tax rebate to each and every household. That in turn would stimulate the economy from the bottom up, improving household balance sheets, generating spending to improve jobs generating small businesses.
Obuma Seen as Anti-Business by 77% of U.S. Investors
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8UiI1bCRdmY&pos=5
@JI – American households need cash from non-debt sources.
That’s what helicopters are for! There will be showers of BennyBux when we celebrate the beginning of another term for Bernanke.
VIDEO: Schumer: Supreme Court Decision “Undermines” Campaign Finance
http://www.americanparchment.com/video/2010/jan/schumer_scotus_campaign.html
@ronron
Dog?
@Y’All
SBR’s…. Special Bragging Rectangles???
@jon
“I wonder if the dow dropping this week is mainly to scare people into keeping bernarke. ”
That sounds like what is going on to me.
Those little pricks on CNBC make me sick.
Shadow relationship between Goldman Sachs and AIG
Dylan Ratigan discusses the shadow relationship between AIG and Goldman Sachs.
Copyright MSNBC 2010
http://www.youtube.com/watch?v=h8PKSA1-19w&feature=sub
Pretty funny, if it wasn’t so true !
VIDEO: Jon Stewart Slams Olbermann’s Defamation of Scott Brown (funny)
http://www.americanparchment.com/video/2010/jan/stewart_olbermann_brown.html
@ME. hound dog.
So Schumer thinks that for the last 20 years the US political system hasn’t been undermined by corporate special interests. Only after the recent supremes’ decision will that happen.
How can anyone one listen to that scum bag without retching?
Don’t forget that Geithner extended the bailout program until October 3, 2010 – 16 December 2009 (Reuters) http://tinyurl.com/ydwcw3d
AND: The Insanity Saga continues: Democrats Propose $1.9T Increase in Debt Limit 20 January 2010 (ABC News – AP) http://tinyurl.com/yffvodr That would bump the debt limit to $14.3 trill a/y Total
Trace Mayer wrote an article about Gold VS Platinum…
he seems to think Platinum will be pretty good in the short term…
http://www.runtogold.com/2010/01/is-platinum-overvalued/
Geithner Spoke to Buffett, Blankfein on AIG Aid Day (Bloomberg) http://tinyurl.com/yknwe8s
Will, how are tax rebates creating more debt from Burnankes helicopter? He is not printing, creating more debt … the people will not have to give the criminals there earnings thru taxation, this is non-debt stimulation.
Government data from around the world.
Governments around the world are opening up their data vaults. Now you can search all of them, from one place:
http://tinyurl.com/y8un32r
“measure the effectiveness of avatar presence and virtual world engagement on carbon world behavior modification”
http://tinyurl.com/yethkfu
@Ronron
Yeah, right, arrr
Where’s the eloquent dude, probably chicken..
The finacial situation is decending into chaos, just make sure you are not being rallied to arms by some retarded theebaggin republican..call those retardicans from now on..
Blackwater busy again?
CNN posted this video showing two Haitian shooting victims who were shot presumably by multinational forces, shot in the back in the street, for stooping to pick up bags of rice which had fallen from a truck (a witnessing store owner testifies on video to this fact). Local police are quoted on video as having said that this was a completely lawless and brutal act, there was no looting in that area, and that locals testified to that fact as well.
Police kill man in Haiti over allegedly stolen rice
http://www.cnn.com/2010/WORLD/americas/01/21/haiti.police.shooting/index.html
@ME. you political. what?
@Ronron
No, factual maybe
@ME. you don’t think it matters blue or red do ya?
@YouriCarma. fuck. and wolf blitzer loves this shit. poor haiti.
@Y’All
recently I started to think this site was incapable of dealing with any other serious issus in the world… other than the one it was already obsessed with… and that Max and Stacy were having to resort to FICTION and “collective memories” to get their points across,,, but then a couple of links to well known RACISTS were removed and Max and Stacy thankfully issued a statement on the sites position and values… REMEMBER the statement… I think it read…. “BUY GOLD”… I was relieved to find out the site wasn’t just a front for whte supremacists and Hollow-Cost Deniers… Thank Fuck… they set our their position just before the disaster in HAITI… YEAH … “BUY GOLD”… and SAVE THE WORLD FROM RACISM and from the bankers… BUY GOLD… so the next time you see a little kid on TV… DYING of dehydration and STARVATION… you can just look the other way and know you HELPED the likes of him… ALL through the simple purchase of GOLD…. all done and sorted just in time for MARTIN LUTHER KING DAY!!!
I have a PR idea for Lloyd Blankfien, that financial swine flu virus. He could maybe modify the name of his criminal organization to “GODMAN SACHS”. Since he is God’s envoy, why not put it in the name.
medic!
@Ronron
Does it matter what I think matters? Lately it makes me sick, most of it.
youri, From what I’ve been hearing is the government officals from other countrys are trying to make it seem like haiti is having problems with unrest. So they can send in more military people. The question is why this tactic. What does the other governments have up their sleeve with this haiti thing. Some have mentioned grabbing oil and gas reserves in that area or getting ready to do something on cuba.
@ME. hope snoot doesn’t hear ya talking like that. chin up and all that.
ME—hey man, you can always go to McDonalds for a happy meal n shake , then you can shit out your bad feelings
@JustGetitright. no no. always prepare your own food.
ME— me thinks you are not married, why do’nt you just go out and have fun and enjoy yourself while you are healthy and young, nothin we surfs can do anyway xept bitch and complain … Just a thought my German neighbor
@JI – I have no clue what they’re going to do about anything. I don’t see our leaders acting in our best interests, but only their own interests. I’m afraid I was being a little sarcastic. Sorry, it looks pretty grim to me as I don’t think we can avoid eventual hyperinflation and the complete chaos that brings (historically).
always do rr, just cleaned out the frig, was startin to growl a little
Will, no sweat babe!
@Y’all. if everyone started preparing there own meals it would be powerfull and healthy. no?
@ Youri – Fuck!! What the fuck?! And why in the fuck is nobody applying pressure to the wounds or trying to perform CPR? That’s just fucking maddening. Sorry, but anyone who would kill or shoot at peaceful people because they’re carrying bags of rice deserves to have a bullet in THEIR fucking heads. I’m sure that we trained the police and all of the other murdering sociopaths there. Murder Made in America.
something for nothing. it’s not what you make. it’s what you spend.
rr– at least it would be easier on the budget, the healthy effect is the investment, yes?
@Mep. no fucking shit.
@JGIR
Hmm, I’m to succesfull for that..although I could be much more succesfull..No, I’m still happy to be nobody else but ME..
Are you german or do you think I am?
What the Supreme Court got right
“……What is overlooked in virtually every discussion I’ve seen over the last 24 hours is how ineffective these campaign finance laws are. Large corporations employ teams of lawyers and lobbyists and easily circumvent these restrictions; wealthy individuals and well-funded unincorporated organizations are unlimited in what they can spend. It’s the smaller non-profit advocacy groups whose political speech tends to be most burdened by these laws. Campaign finance laws are a bit like gun control statutes: actual criminals continue to possess large stockpiles of weapons, but law-abiding citizens are disarmed…..”
http://tinyurl.com/yzvuzgc
@Jestgetitright. the farmers market closes at noon. i go at noon. fresh half price.
Bomb sniffing, a welcome change from the usual amarican spycho bum snuffing on Wallstreet..
The Music Industry lobbyist seem to work hard in france.
http://www.youtube.com/watch?v=a_M-GLOtel0
beuitifull german coldcuts, sausage, chops, pasties. veg, fruit. potuguise fucking bread yumm. mennonite baking. local apples. potatoes, carrots. half fucking price at noon. hahaha.
The elites are after Haiti Uranium and Oil Reserves , There is an occupation going on says Bob Chapman 22 January 2010, (Vid Jan 21, 2010 part 1 – 5 Final) http://bobchapman.blogspot.com/2010/01/elites-haiti-uranium-oil-reserves-bob.html
Calls to All Senators to Hold Bernanke Renomination until Audit the Fed has Passed!
http://www.dailypaul.com/node/122299
Ron Paul on the House Floor 1/20/10: Statement on Competing Currencies
http://www.youtube.com/watch?v=dBaQgZ5PfAg&feature=player_embedded
ME—-Hmm, I’m to succesfull for that.
Oh I see, have a neighbor up the street that thinks some like you .
I am Austrian, and yes I think you are German. We have close friends in Germany that stay with us when they travel, very nice.
german smerman. 20 smart bucks. eat like a king for a week.
@Mep
It’s not clear who done it exactly but won’t led a opportunity pas by to blacken blackwater since they have blood hands round the globe. They’re murderers rapists even raping domestic in the U.S.A. Made me mad as hell as well.
rr–indeedy on the farmers markets, like to squeeze and smell the them there melons
well gonna watch a dollar rented movie with the Family now ..
http://www.youtube.com/watch?v=Oc79ho-PzeE
Cheers!
@Just right. i like to squeeze the vendors. haha. :-0
@Joan V – really disturbing link… ties into Max’s rants about second-life, etc. …. “carbon world”? Why the hell is the University of Washington creating a whole certificate program to cater to a bunch of lunatics? And what kind of freak do you have to be to create some make-believe cartoon characters on a computer, and try to convince other idiots to make their own cartoons to play with your cartoon, instead of just tellingl people they’re too damned fat because they eat too damned much garbage food produced by Monsanto and ADM?
@y’all you think you’re going to fix anything in poliics or economics when this sort of shit is going on?
wish snoot was here.
@ron ron
Yep, German blond beer and dear, nom, nom http://tinyurl.com/n4xb8l
@Y’All
For All The U.S. HAND JIVERS!!!
“Moma bought a Chicken, thought it was a Duck… ,Dun da dun da dun, dun, dun… Put it on the table with it’s legs stickin’ up… dun. dun. dun… da dun dun DUN… Hand Jive… Hand Jive… Do… Tha’ Hand Jive”
The Johnny Otis Show – Hand Jive.
http://www.youtube.com/watch?v=qOrQTh_Cq7U
@YouriCarma. thanks from an old guy. keep them coming.
hahaha
@YouriCarma. don’t tell stacy. marrieta or snoot i looked at that.
@Y’All
Oh Yeah… for all those Frank Zipper fans out there… when asked about his distinctive facial hair…Frank said… “It looked good on Johnny Otis, so I grew it.”
moving to montana soon. gonna be a dental floss tycoon. me and my pigmy pony’s. loadem up and strapen em down.
movie didn’t start yet
@YC-Yep, German blond beer and dear, nom, nom http://tinyurl.com/n4xb8l
yepper, squeeze dem melons
@rr, like to squeeze the vendors also, but didn’t want to sound like a #e4
nice load. i can sell in town.
@SG in the world we’re living in, the torture never stops… so here’s your zappa moment for that: http://www.youtube.com/watch?v=jwhtL0LNoQw
Looked at what, ronron?
Youri Carma!
Grayson says Supreme court legalized bribery
http://www.youtube.com/watch?v=L4lwGbTKFAI
@Jim:
I peeked behind Door #3. No boat! Not even a nice car! And wonder what kind of bankruptcy the corp. .gov is gonna have: chapter whoozywhats? Didn’t see any bees or any sign of a honeypot: was shivering in apprehension, but not of god or God: thought I’d get stung.
Then I thought maybe I’d just bop over to the Wheel of Fortune: I like that show better. I already got one spin, but you can’t never tell. Maybe it’s a good thing we are became slaves seeing as nobody is free anywhere when one man is a slave. American never really had it ‘covered’ except for sins, and then she just made some songs and shot some ammunition. Big Bank theory of justification and her transubstantiation is looking less Girl Scout and more Boy Toy: like say what?!
Life is good and we are free as breezy birdies so long as they don’t catch us.
CAUSE WE’Z AMERICANS.
Greyson can just kiss my grits.
well hello snoot.
i just got here.
And one thing airybody outta learn bout things from we the duncecap gang over here is you can get so dang-fooled thinking you got the enemy in your sights that you end up shooting your mother or your best girlfriend. That happens a lot.
Oh, and money doesn’t buy happiness. Guess we sorta taught the world that one. Siempre CocaCola is a mouth without teeth. McDonalds is not your kind-of-place unless you like slaughtered tire slugs on white puff-meal and reconstituted fried starch.
INcorporated = Stinkopoly and I guess Mep is right there as usual. Really, SG is right concerning who has the most pertintent perspective and
IT AIN’T HIM.
I’m not shucking the good things bout American like Faulkner or some of those painters (Wyeth and NCWyeth) and apple pie. Come on: have a heart and send a care package over when we hit the spleen hell bent to leather.
Cause it’s a slam-dunk-surety.
The other issue is this administration has its head in rarefied Wall Street air. They honestly believe the reason they lost Mass. was public anger at the banksters alone. Now they have set things in total flux both for the re-nomination of Bernanke and the loss of their bankster’s backing, but also at a time when the Supreme Court declared no limits on corporate political giving.
Unleashing those corporate political funds will result in a battle bigger than the health bill in the sense of lobbyists over new banking rules.
All of this is meaningless looking forward to the November 2010 elections. All that counts is jobs, jobs and more jobs.
What is clear here is that the panic button has been pushed by the administration who still thinks they live in Wall Street, not Main Street. Be assured that Volcker understands the systemic disaster we are in, and will do nothing to pull the plug on the mountain of OTC derivatives. He is simply too smart for that.
Getting the banks out of the guaranteed risk business is a long term correction, but still not the basic problem. The horse is out of the barn, the damage has been done and there is no immediate or medium term fix in taking the banks out of the OTC derivative business.
The basic problem that still exists is the fraudulent OTC derivatives produced since 1991 that are yet to be addressed in any manner or form except through the capitulation of FASB, which permitted falsified values. All that did was make the situation worse
(from sinclair)
http://gravelandgold.files.wordpress.com/2009/01/wyeth_wind_from_the_sea.jpg
Wind from the sea.
JGIR:
Volkner doesn’t care about you.
fs—didn’t grayson sting foridians with lack of hurricane relief or something like that?
Or what-is-his-name. Shoot he’s big enough to be the Jolly Green Giant: he towers over Obama.
http://media.cnsnews.com/resources/60171.jpg
Make O look like a sixth-grader.
The psychology of power
Power corrupts, but it corrupts only those who think they deserve it
http://tinyurl.com/ybykguf
Smoke n mirrors just
smoke n mirrors
Really, no politician or regulator ever helped me when I needed assistance. They all would rather see ya croak
@JGIR:
The only relief we get from Grayson is when he is not around, visible, or communicating his last high-school-debate-pin speecharama to an empty house.
All Congressional hearings on bankers have been a Joke tis is gonna be no different
Hic
Steve Keen is amazing…
He’s posted a video of a presentation he gave last week covering a range of topics…
All I can say is that it is a MUST WATCH, especially if you’re interested in the economics of it all (if not, snap another bong-load of belly button lint)…
America should have given the STIMULUS directly to the people so they could pay their debts… and he proves it, mathematically…
(I’m only 2/3rds through the first video)
http://www.debtdeflation.com/blogs/
AND NO MATTER WHAT HAPPENS WE CAN BLAME IT ALL ON THE OTC DERIVATIVES!!!
Handy that one.
@ronron:
heh, ronron
I saw a corn thought it might have been from the uni but it only had one ear.
Well off to play poker
Nom Nom lost all me chips again
Slow news week
LMAO
nothing really contraversial other than one bugger got an E-mail tat his unit was off to haiti for diasster relief 1 day before it occered
Hic
ronron
Hassup
Volcker is a bit of a lonely wolf out there. I am afraid that at the time when they finally got to see for themselves what they’ve done it will be far too late and give it over to the more capable guys like Volcker (Is there anybody else?) who than, sort of, gets the blame for everything.
Bit of a laugh – Little Britain USA – Bing Gordyn – Scouts
http://www.youtube.com/watch?v=NeZH7es3bUM
And HAARP does’nt work Bonn is un nessearily screwing wit my mind
LOL
movie starting, been a change, here it is
http://www.youtube.com/watch?v=RQE-rB3Nkh8
Cheers!
Anybod 4 some T
BRB 3 minutes (6:25 AM)
Ancient Nuke Wars
Hic
Baalbaek ruins
Giuseppe Bagodonutti , but if the bailouts went to the people then the banksters might have to sell their yaughts and mansions.
give it over to the more capable guys like Volcker (Is there anybody else?
Anybody can flush a toilet, Youri.
snoot and bonn at the same time. i am velly velly lucky. hey you two.
@snoot. fifty dollar fucking fines?
Hey Ronron an Snoot
didja see
Codex Alimentarius Lecture by Ian R. Crane – 1 of 9
http://www.youtube.com/watch?v=O2D4-noTiCg
Hic
Ancient Nuke wars
Free Energy
Ya Gold’s gonna be worth nadda
if Free Energy Exists
Hic
@frances snoot
Yeah I guess you’re right. Even the first man in space, which was an ape btw can make money with zero interest rates and forks of taxpayers money.
Would be quiet a surprise for the aliens to discover that apes were there before homo sapience and seeing the homo erectus clearing the shit for dogs. That’s why they started with the human abductions not the ape or dog abductions or somtin… lol
LOLolololololol

Hic
The Moon move’s a Ton of Ocean is what we’ve been taught every night I may add
But tis energy is not to be harnessed too complicated peeps “Nothing here to look at carry on , carry on about your work , nothing here to look at”
Hic
Lololololololololollool
Oh forgot
Ancient Nuke Wars
Hic
you skinny fuckers.
you skinny fuckers.
How ta fuck ya know I am skinny
LOLOoolololololololo
Hic
I got ta right wieght fer a super model the chick kind
120 lbs
Lolololololol
Hic
Thanks, Bonn!
everytime a shaman dies a library burns down. @Bonn. thanks.
everytime i run in to these two skinny fucks, i smile.
@Youri:
Enjoyed Little Brit USA. funny.
Perhaps Volkner feels entitled to have the honor of the flushing: sort of like christening the Titanic before it makes the plunge down down down.
http://www.youtube.com/watch?v=T-3Iq3XQkAw
Libanon: Byblos, Baalbek and the ruins of Anjar
http://www.youtube.com/watch?v=yDy9-r67XZ4
Hic
skinny peeps talk different.
Not seen it meself so don’t crap on me
Baalbek thingy
Hic
i know. i am a skinny fucker. i will not eat there garbage.
BRB one more cup of T (7:;02 am)
Hic
@Bonn. 8:39 here. cold but sunny day. how’s bangalore? dark here now as you know. hahaha
Grayson said that the judges had no precedent to rule the corporate as the protected body: not true:
http://www.peopleagainstchemicaltrespass.org/corporations.html
Question: when was the District of Columbia added as a “state”?
http://en.wikipedia.org/wiki/District_of_Columbia_Organic_Act_of_1871
Question: what does Washington DC share in common with the City of London?
http://en.wikipedia.org/wiki/City-state
Question: how long must we tolerate Greyson and Olbermann?
As long as the deception that we have a ‘federal government’ located in the Queen’s city-state Washington DC.
Now the true is that the wee-itty statement by Grayson: “Only corporates have constitutional rights” is legally truth, but only if we concede that our rights are not inherent and irrevocable.
We’ve labored under a deception long enough. Greyson knows the ‘whole story’.
@bonn. drinking canadian beer and i got better than twigs and seeds. hehe. bye y’all
@Snoot true nuff bout Volcker…
Our 44th President, Barack Obama, has said a lot of things to be certain. The following quotes he made on the campaign trail or soon after being elected as President of the United States. Commentary Included.
“This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitable.”
We will do that by restricting markets, and punishing productivity.
“What do you think a stimulus is? It’s spending- that’s the whole point! Seriously.”
And if it doesn’t stimulate we’ll spend some more.
“We’re not going to baby sit a civil war.”
We’ll join in.
“I think when you spread the wealth around it’s good for everybody.”
Especially when you do it with other people’s money.
“If the people cannot trust their government to do the job for which it exists- to protect them and to promote their common welfare- all else is lost.”
And even though a majority of the people don’t trust the government to run healthcare, I will still force it into law.
“If you’re walking down the right path and you’re willing to keep walking, eventually you’ll make progress.”
And if you’re walking down the wrong path and willing to keep walking, eventually you’ll make big government.
“Operations in Iraq and Afghanistan and the war on terrorism have reduced the pace of military transformation and have revealed our lack of preparation for defensive and stability operation. This Administration has overextended our military.”
Therefore when elected to office I seek to expand it further.
Volker is a Vogon
@Snoot. i love your style.
@ ronron
Cold as hell I hate cold weather dunno how ya stay in Cannada I cant stand cold.
Hate extremes would hate ta middle east too
By my gueastimates I think we headin into another great FREEZE oh blimey i hope not
I wish world temp stuck to b/w 19 – 27 degrees celcius
Oh tat would be perfect , I wonder what the temps on Mars is
Hic
Ron paul is addressing the SDR issue with the Competing Currencies act…..give him some credit Snoot.
@ronron:
we’re all Limeys now
@Bonn. stay warm my skinny friend. hope snoot comes up here.
@danvalley:
Why?
It’s my ass that’s gonna fry.
@Snoot. your a cool bird.
“…the spirit of Glass-Steagall” is not good enough!
President Obama has to go all the way and restore the ORIGINAL Glass-Steagall.
As soon as Goldman Sucks and JP Morgan and the gang are forced out of business the better off the world will be.
So what the markets have fallen.
We know this necessary because we don’t need these parasitic monopolies to rebuild our economy. We need them to quickly go into bankruptcy re-organization.
Then immediately protect our fragil economy through tariffs so only domestic investors can pick-up the bankrtupt pieces.
That will end globalization and British-style ‘free trade’ nonsense.
The sooner the world shakes off these maggots and parasites on Wall Street/City of London the sooner the world can rebuild the global economy.
Cant help you there snoots….gotta get it out the pan yo-self
Well, DanValley, I don’t recall asking.
Just for you, RonRon, this will keep you warm: bed heating by the proles
http://tinyurl.com/ykbtqta
snoot would love toronto.
that doesnt change the fact somethings cookin
@Bonn
You should sue Al Gore for not delivering global warming. Maybe some good news: Heard that some psychic predicted a warm summer. Have to check it out though.
@frances snoot
I like one ugly MTF http://tinyurl.com/ya2ljmj grinning Grayson, he’s enjoying his work and there should be more like him.
Onward Duncecap Americans
Marching on to war
With the flag of decept
‘cion
Going on before
Keep the lies and ridicule
Of your only home!
Kill and hate and profligate
Your self-righteous foam!
Hide your eyes from words of fear
Faith your only aide!
Drink and stink and winky-blink
Toke down that kool-aide!
Call yourselves the Pat-ri-i-ots
Call yourselves the free
Call yourselves the loyalists
To your own slaveree!!!
Woooh!
Onward US a a a a a
History prolong
Take from those who long for hope
And sing this lousy song!
@Paganwrongs. go play in traffic. were busy here.
there should be more like him
Yes, Youri. They could clone him to clean the barnacles of the hulls of ships with his ri-bald whit.
LOLOL ron ron
gonna be 50 dollar fines.
Listenin to previous thread vids
Look, Youri. Grayson is like the Old Maid Card. Now, if we wanna play politician poker, he’s the card least desirable. I’ll give him to you for an Ace of clubs.
@DanValley:
I ain’t fryin’ yet, but Greyson, he’s the register of my heated predicament! Didn’t you like his plumby-stripey tie he word on
National Television
with Goebbels?
grayson fuckinkg smashum. not good huh snoot?
I’d swap ya, ronron. But you can keep Harper.
He makes me ascared.
as you know. i just wanna hear girls talk. bye y’all
@Y’All
SHIT, SHIT, same old SHIT…. just when you thought it was safe…. patron saint of the fucking piss heads…. cripple dicks…. and half wits…like a fucking self self obsessed lexographic conduit spewing forth verbal effluent at a hundred miles a minute…. a shitstream that goes round and round and round the fucking the bend…. until bluuuugghhhaaaahhh!!!
@ SG
Go play wit P
LOL
Hic
@Snoot. spring summer fall in toronto. oh ya. 3 cold fucking months. BRRRR. fuck harper.
@SG:
Didn’t you like my song?
@Bonn. lololo hahahaha. fuck hehe.
@frances snoot
Took me some translation time but I see where you are heading at with our dear one ugly mtf http://tinyurl.com/yelcsuk – keelhauling which is derived from the Dutch word “Kielhalen”
Ai, ai Captain http://tinyurl.com/yde3enq
Heading for my coffin folks http://tinyurl.com/y9zervq
@Y’All
DRIVEL and BRAG… BRAG … BRAG!!!
@SuperGeek:
You sure did turn out to be meaner than a snake.
Me 2
Sleep is the best form of resistance ????
LOL gonna tink on that one
@Y’All
on an on and on and on and ON, ON and ON!!!
@Bonn. why are so many peeps in envy of snoot. she smart?
@Y’All
over and over and over…. the same shit… DISINFECT sombody please!!!
@ Snoot
Wen peeps are in trouble ya gotta vent it out
venting out to unKnowns is ta easiest
Hog wash ignore
Hic
Lololololol
@ronron
OFc she is smart
In a debate in front of an Audience I’d shit bricks lol
Over a few beers I’d have her eating popcorn outtta me hand
lololololololol
Hic
@jon
RE: Banksters selling their yachts…
THAT is the idea… they should’ve been fucked from the get go…
As Steve Keen points out, it is the LENDING that has screwed everything up…
in Neo-classical thought, when the FED creates money, then after about a year, that money is supposed to find its way into the hands of borrowers…
but something happened, and the system reversed…
So the money that is created through the Zero-Reserve Ponzimonium, winds up being absorbed in the FED’s money creation…
As he points out in the video, Bernanke would’ve needed to print $25TRILLION in order to cover the debt that had been created by the banksters…
Watch the video, and it’ll make more sense…
even better if you read DEBUNKING ECONOMICS
@Bonn. haha. you and snoot are good philberts. hahaha.
Over a few beers I’d have her eating popcorn outtta me hand
?
@Bonn. ohoh. i’m ascared now.
@ Snoot
Ya always using Big Big words and complicated sentences
When life is or was pritty simple
Lololololl
Have a beer relax watch how clouds change shape while laying on a grassy hill
its fun n dont go n try n figure out how they change shape ooooooooooooooohhhhhhhhooooooooo
LOLOLOOLOLOL
Hic
@ronron
“Run for the Hills now ”
I had me say
lololololol
Hic
@Bonn. you skinny fucker.
@Bonn:
I always watch the clouds changing shapes. I never even tried to figure out how.
Watch out for the preposterous pompous petulating pimp of precarious pinhead points. You’ll know him by his I-hide-behind-my-own-ineptitude avatar.
@Y’All
Look at the prety colours on the TV pretty light… look at the pretty lights on the internet… going round and round every day red… mmmhh… white… pretty colour oooh pretty letters and words and pictures… uuummhhh more words… I wonder what they mean… mmmhhh…. I pissed myself again,,, mmmh warm…. and comfy… mmmmhhh GERMS…. GERMS!!!
You know, the clown with a heart. The philanthropist with-out class-distinction. A gem of a man! Three cheers! Hip hip for pip pip pip pip pipparoo!!!
White pills with a White room ,with cushion walls with peeps dressed in white clothes servin em
Hic
lolololollololol
@Bonn. you velly velly sneaky. lolololo. hehe.
@ snoot ya came inbitween wanted to be the 222 comment
@ ronron
oks taking a Nap did’nt catch sleep last nite
Wink wink lolololol
Hic
@whitemale08 – rebuilding the global economy.
Actually, i have not a care in the world about rebuilding any global economy.
I only want to treat my neighbor without being taxed by the banks and fed, without being told what to prescribe by the state and county, and then having to kiss ass to second rate numb-skull local politicos who know nothing other than how to muckrake and act like a Shakespearean Iago.
@Bonn
Very interesting comments on the Codex Alimentarius. Sickening indeed. LIKE I SAID USA IS A NAZI COUNTRY in 2010. Don’t forget. Obanana’s agriculture secratary is a Mosanto Boy.
You US Democrats are real bastards. Meanwhile Michelle Obama boast that they have a biological garden at the Whitehouse. Like the part about the “green” lifght bulbs laced with 5 ml gramms of mercury. Mercury destroys the brain and makes you dumb.
@Y’All
RACISTS, HOMOPHOBES, SEXISTS…. ONE big happy family mummy… momma, momma I pissed myself… and you shit yourself… HA, HA…. MUMMY all WARM and cozy together again NOW!!!!
is an extortion scheme what happened during the 2008 financial collapse ?
did Hank Paulson act as the person designated to collect money for the group Wall Street ? did he coerce the US Congress to vote for legislation to force the less powerful entities, US citizens, to pay pay protection money to the Wall Street group ? was that a could care less showing of the balance of power ?
is Wall Street the top of the power ladder or does wall street have Puppet Masters, do they exist ?
the seeds were sown, the bubbles were blown and when the fruit was ripe the economy or price of all things had a gap away down, a margin call liquidity raising type of crash where forced de leveraging resulted in a system wide price crash ? Where did those profits go ? Massive distribution on a global scale ?, is that possible ?, the puppet masters were short the crash ? cause they need or desire more wealth or was the crash a means to an ends putting in place additional control ? trapping populations into debt positions prior to a gap away down ? is that possible ? and the facilatators the fed and wall street are plugged in enough that they possitioned themselves to profit.
did Wall Street have a hedge as protection? the tax payer bailout ? or was tax payer bailout the vigorish collected by wall street for exectuing the trade executed by the puppet masters as they put in motion the trade called generational transfer of wealth trading model (wondering if it was some moving average cross over that led to the key reversal) ? wealth transfer from the masses, having it pass through the money laundering Wall Street group allowing them to collect their vigorish ? as the “trade” was executed ?
and the Fed … they did this as well ? they too are doing gods work ? when GS says they are doing gods work are they saying that god is the puppet master, is god about to transcend our knowing ?is that possible, is this where transparency leads, knowing god;the puppet master ? or will we face the wrath of god if we get too close in our search for the truth ? a hell on earth ?
@Bonn
Next step. No gardens allowed.
@Youri Carma
We just finished watching the movie “Knowing”. I have a hunch that you would enjoy this flick. Hope you can watch it sometime.
Here is a trailer, but it does not give anything away imo …
http://www.youtube.com/watch?v=RQE-rB3Nkh8
@ Marc A
Already happening not allowed to grow Herbs
Sure one person here needs em
Lolololol
Hic
Think I will expand my garden and plant hemp in it. American corporate fuckers. It’s the next step indeed. Remove any possibility to grow your own food with natural seeds. I think I am gonna puke. Hey Stacy ? Where are all the greens ? Too occupied enriching that pig Al Gore. Meanwhile ……. This Codex stuff is much more dangerous than global warming. Horrible.
Steve Keen: Loans create deposits
Not the other way around. Which means we’re in for hyperDEFLATION! This is the Greatest Depression of all time.
Banks don’t lend deposits, they simultaneously create debt and deposits.
Steve Keen should be the one schooling Obama. I’m watching his latest vid at http://www.debtdeflation.com/blogs/
This is some heady shit here folks. You can pretty much throw away your economics text books after hearing his ideas.
With regard to life and business……one universal truth is that if you drop your pants once they will always come back for more and look to squeeze you until they get it all…..We gave up on America via incrimental loss of liberty..Thank You Corporations….Thank you Big Govt.
skippy, paulson did threaten the house and senate that he’d tell bush to go to martial law if they didn’t pass the bankster robbery.
Since an election was just about to happen i believe alot of the house and senate came to the conclusion that they should go along so that the elections weren’t halted. I’m pretty sure the house and senate doesn’t care about the average citizen. They were more worried about getting elected so they could get more bribes from thier corporate masters.
NASA Global Warming Alarmist Endorses Book That Calls For Mass Genocide
Prominent NASA global warming alarmist Dr. James Hansen has endorsed an eco-fascist book, Time’s Up by Keith Farnish, that calls for cities to be razed to the ground, industrial civilization to be destroyed and genocidal population reduction measures to be implemented in the name of preventing climate change.
“The only way to prevent global ecological collapse and thus ensure the survival of humanity is to rid the world of Industrial Civilization,” writes Farnish, adding that “people will die in huge numbers when civilization collapses”.
“Unloading essentially means the removal of an existing burden: for instance, removing grazing domesticated animals, razing cities to the ground, blowing up dams and switching off the greenhouse gas emissions machine. The process of ecological unloading is an accumulation of many of the things I have already explained in this chapter, along with an (almost certainly necessary) element of sabotage,” writes Farnish.
Entire article: http://tinyurl.com/ycyatlk
This above is the core belief of most elites. The planet is is their domain. They want it all. Wakey, wakey . . .
@Photoception
I’m glad I’m not the only one trying to digest Keen’s ideas
But now I’m suffering a dilemma…
Up until today, I’ve been leaning on the side of Inflation (maybe even hyper)… Perhaps due to my simple understanding of Money creation (i.e. M1) leading to it…
It seems logical, right? You increase the base supply of capital, then in essence you are DILUTING the value/purchasing-value…
Just like a stock (which is what Marc Faber seems to imply)
But Keen’s arguments for Deflation are so well-defined, I don’t know what to think now…
I believe MISH is also in the deflationist camp…
Maybe MAX and Stacy could explore the subject on a Truth About Comments episode…
In the end, I’m more worried about deflation…
the Debt/GDP ratios globally are so out of hand, that I can’t see any neutral result coming out of this…
And if it takes another 4-5 years before the Geo-Politics catches up to the situation? We’re doomed…
Rep. Ron Paul discusses whether we are blaming the right people for the financial crisis.
http://www.foxbusiness.com/search-results/m/28378354/ron-paul-on-financial-crisis.htm
errr… I meant purchasing-POWER… not purchasing-value
HAITI & ELECTROMAGNETIC WAR SUSPICIONS:
Google searches for “HAARP” — which spiked upon news of the Haiti quake — rose to break the crucial “Bob Marley line” on Jan-20…
http://catastrophist.wordpress.com/2010/01/23/haiti-haarp-suspicions-chart/
Ahhh. Liban a beautiful country. Sking in the morning, swimming in the afternoon dinner on the Rochi in the evening. Than off to the bomb shelter. It used to be known as the Paris of the Middle East.
By the way the Latani River has some of the healthiest water in the entire world. Isrealis love its taste.
My guess is the big boys go to deflation. Since it seems they’re trying to grab as much money as they can now. That would make them even richer in a deflation mode. Inflation would dissolve all the wealth they’ve stolen.
@ Tsar Caustic
Recently laid off (and post pregnancy) I decided to research the Club One & Indiana University weight loss study ad in the paper — mainly because of the prospect of free trainer/gym.The wording was strange and it said zero about 2nd Life (or anything close). Many google searches later – I found the article mentioned. And this was after reading the Facebook interview at InformationLiberation.com …. it seemed to fit into what Max had said about virtual farming ….. the future is beginning to leave me speechless….
@ Giuseppe Bagodonutti
Its mainly the PTB that are worried and need to prevent deflation.
Deflation is the healer of the Economy in the end. Yes it would mean short term pain. Saving would then be useful to a citizen. You would not have to create false or fraudulent growth to meat interest payments. Many more things would become affordable. The young may be able to afford education or housing without going into hawk forever.Many benefits if you look at the right sources.
The PTB will fight that with every fiber of there essence. Growth at all cost is so burned into western economic thought that they will not get it as long as they are alive.
@Y’All
Tom Ze – Pisa Na Fulo
http://www.youtube.com/watch?v=DW5XDWI9AG0
http://www.businessweek.com/news/2010-01-21/barclays-lloyds-may-need-25-billion-pounds-to-bolster-capital.html
Gettin ready to pick up the pieces
http://www.youtube.com/watch?v=MfAJLGFWxYo
@Stacy and all you greenies ?
One of your friends ? Just kidding. There is something indeed very EVIL in the green movement. It’s called Malthus, Social Darwinism, wicked anglo-saxon eugenism, german NAZISM.
NASA should change their name to NAZI.
Not a coincidence this nice piece of NAZI shit Von Braun worked for NAZI-NASA. The Greenies are really startin to make me puke big time. If that’s what is supposed to be ecology, I give up.
==========================================
NASA Global Warming Alarmist Endorses Book That Calls For Mass Genocide
Prominent NASA global warming alarmist Dr. James Hansen has endorsed an eco-fascist book, Time’s Up by Keith Farnish, that calls for cities to be razed to the ground, industrial civilization to be destroyed and genocidal population reduction measures to be implemented in the name of preventing climate change.
THIS IS SCARY. ADOLF HITLER LIVES IN THE USA.
Pretty Birdie … seems happy
http://www.wimp.com/featherlessbird/
@Gordo
The problem with deflation, as I understand it, is that DEBT becomes GREATER since disposable income goes DOWN…
Assets become worth LESS… So if those Banksters start acquiring assets to preserve their “wealth”, they will LOSE, just like everyone else…
Certainly, for people not under the burden of debt, your scenario is valid… but anyone with some degree of debt or asset investments will get screwed…
In a deflationist scenario, Cash is king, I suppose…
I need to study the concept more…
Most people have no idea what cash is, especially the young. Cash has always been king if you understand the game.
So if those Banksters start acquiring assets to preserve their “wealth”, they will LOSE, just like everyone else…
That puts the members of the IMF in an advantageous position.
This guy has the right idea
http://www.youtube.com/watch?v=UoRjVH0YCC0
how so fs
Where the guillotine ?
http://ml-implode.com/staticnews/2010-01-22_ScandalAlbertEdwardsAllegesCentralBanksWereComplicitInRobbingThe.html
Like the bomb sniffing dogs at Goddamn Sachs today.
These bastards should be courtmarshalled and put in front of a firing squad. Poor third banana republic runned by a bunch of corporate fascists that think they have been choosen by God to his do his dirty work. Make me hate the notion. But the more I hear and read about Lloyd Blankfien the more I have doubts about God himself.
Obanana announced this weeek he intends to borrow another 2 trillion dollars. It’s will probably be ending up to be 5 trillion for 2010. Anything goes.
Because the bank assets are denominated in sdr, JGIR.
“The SDR is neither a currency, nor a claim on the IMF. Rather, it is a potential claim on the freely usable currencies of IMF members. Holders of SDRs can obtain these currencies in exchange for their SDRs in two ways: first, through the arrangement of voluntary exchanges between members; and second, by the IMF designating members with strong external positions to purchase SDRs from members with weak external positions. In addition to its role as a supplementary reserve asset, the SDR, serves as the unit of account of the IMF and some other international organizations.”
http://www.imf.org/external/np/exr/facts/sdr.htm
The deflation dilemma imo will unfold, but at some point inflation and probably hyperinflation will strike hard.
@Frances Snoot.
You are such a smart cookie. Good work chatte blanche. You mean you really understand that SDR stuff ? I still prefer my little pieces of “barbaric relic”.
@Mep:
It wasn’t a grant:
“For now, and for at least the next couple of years, Haiti has no payments to make on its existing debts to the Fund, while the emergency loan we are providing is interest-free, with no repayments due for five years.”
http://blog-imfdirect.imf.org/
@Marc:
It’s easier to understand items when one is not hit on the head with a hammer for investigating and making errors.
What I see is a manipulation of reserve accounts at the IMF to favor and augment trade for favored partners of the banks preference via a future ‘international clearing union’.
The path is being made for this:
SDR-denominated tradable financial instruments
But only for ‘sovereign wealth funds’.
By all means, please contribute any insight you have to my meager advances.
the sdr is a basket of currencies, it will float with the value of combined values in its make up. The advantage is the value will change at a slower rate than an individual currency. Still it is susceptible to the effects of swings in infla/deflation
@Y’All
HA HA HA… You couldn’t make this up…. Oh Dear!!!
Are you commie or a citizen???
http://www.youtube.com/watch?v=w86QhV7whjs
JGIR:
Thanks for the pretty birdie video.
“it will float with the value of combined values in its make up”
“To combine the advantages of multiple and single currency systems, a basket-based reserve system, perhaps built on the IMF’s Special Drawing Rights (SDRs), could be envisaged. The SDR is not a currency; it takes its value from its constituent currencies (currently, the US dollar, euro, pound sterling, and yen, but the basket is periodically reviewed), and this makes it more stable: if one of its constituent currencies depreciates, the share of the others in the basket rises proportionately, dampening the volatility of the basket. However, for the SDR to take on such a significant role, its liquidity would need to increase massively. While an increase in demand (from BRIC central banks) and supply of SDR assets (from the Fund) have recently materialized, the scale remains limited–about 4 percent of global reserves. Generating a liquid SDR market of the size needed to create a new reserve currency would be a major undertaking.”
http://blog-imfdirect.imf.org/2009/09/24/reserve-currencies-in-the-post-crisis-international-monetary-system/
the secret to what angle the big boy banksters will do is you have to look at what they are stuffing into their own mattresses.
This gold thing is so hyped. Got to think thats not where this is gonna end up.
@Snoot – “The SDR is neither a currency, nor a claim on the IMF. Rather, it is a potential claim on the freely usable currencies of IMF members. Holders of SDRs can obtain these currencies in exchange for their SDRs in two ways: . . .
You can be very concise when you want to be. I learned something I didn’t know. Thanks.
Volatility suppression is the primary reason for the sdr, imo, only the privileged can participate in this arena
Generating a liquid SDR market of the size needed to create a new reserve currency would be a major undertaking
“The general allocation of SDRs should be extended through supplementary mechanisms.
France is extremely pleased with the 250 billion-US-dollar general allocation of SDRs, supplemented by a special allocation totaling 32 billion US dollars. France also welcomes the commitment by several countries, among them the United States and China, to take part in the voluntary trading arrangements for SDRs. France urges as many countries as possible to agree to such arrangements with the IMF in order to ensure adequate liquidity in the SDR market. At the same time, ways and means for enabling the poorest countries to benefit most effectively from the allocation of SDRs should be explored.”
http://www.imf.org/External/AM/2009/imfc/statement/eng/fra.pdf
@Dan2:
I’m not that consise: that is a quote, look at the punctuation and the link!
@Snoot
Oops . . . yeah I missed the quotes. Dang, try and say something nice . . . I can’t win.
Move Your Money picking up steam . . . in state and local governments!
Bloomberg looking to invest $25 million of NYC money into local credit unions.
New Mexico state legislator introduce bill to move ALL of the state’s $1.4 billion into community banks and credit unions.
“Volatility suppression is the primary reason for the sdr, imo, only the privileged can participate in this arena”
It is not the primary reason, imho. The sdr quotas are assigned by the IMF and relate to trade positions and voting rights for member countries. If one falls below the quota level by drawing on hard currency, one is tasked with interest payable to the IMF. Will this be a deflationary mechanism if interest rates increase (which they are now at historic lows).
The system will be used to control export and import of member nations.
interest charges on capitol occurs via banks. who earn the benefit of the interest on sdr’s, the imf,
Is the imf like the fed, where the fed earns interest on the printed money put in circulation (where does all that earned interest go at the fed, who gets it?)
The IMF assigns these quotas by creating sdrs by fiat decision of the IMF council.
The IMF is like the Fed on steroids and with a bad cocaine habit.
IMF is the new world government then, yes?
JGIR:
http://www.globalresearch.ca/index.php?context=va&aid=10489
IMF is the new world government then, yes?
New?
Thank you Stella, gonna read your post on the fed, then get some rest … nighty night
@ Giuseppe Bagodonutti
Yes it certainly not simple.
@ Mep
“Move Your Money picking up steam . . . in state and local governments! ”
That could get very mean I hopes.
I am trying to recall the last time someone in local government attempted the same thing maybe 6,8,10 months ago.
Here it is:
http://en.wikipedia.org/wiki/Rod_Blagojevich
Bank of America
Blagojevich threatened to stop the state’s dealings with Bank of America Corp. over a shut-down factory in Chicago. On December 8, 2008 (the day before his arrest), all state agencies were ordered to stop conducting business with Bank of America to pressure the company to make the loans. Blagojevich said the biggest U.S. retail bank would not get any more state business unless it restored credit to Republic Windows and Doors, whose workers were staging a sit-in. John Douglas, a former general counsel for the FDIC and attorney for Bank of America, called Blagojevich’s worker support dangerous.[68][69]
Impeachment trial and removal from office
I think the guy had the right idea. Maybe someone else can get these pricks.
@Justget Itright
What sleep this is IMPORTANT SHIT, sleep is not allowed!
@Gordo
Go to sleep everyone else has.
Just as I was getting warmed up too.
Last…………..
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TMZ went on about terrorist Canadian Geese around the time of the crash, so I am posting this odds and sods bit
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‘Miracle on Hudson’ plane on auction block
http://www.cbc.ca/consumer/story/2010/01/22/consumer-miracle-hudson-airplane.html
The banged-up US Airways plane that Capt. Chesley (Sully) Sullenberger deftly landed on the Hudson River a year ago after a flock of geese disabled its engines is being auctioned off.
Insurance firm Chartis, which is holding the online auction, describes the Airbus A320, minus its two engines, as having severe water damage throughout the airframe and impact damage to its underside.
The insurance firm uses a fairly understated tone to describe the nature of the accident: “Aircraft suffered severe bird-strike event resulting in water emergency landing.”
There’s no mention of the fact that all 155 passengers survived in the splashdown near New York City that became known as “The Miracle on the Hudson.”
In describing the plane’s equipment, Chartis merely says, “Destroyed.”
Bidding is being held on a salvage lot in Kearny, N.J., and the plane is being sold “as is, where is.”
Past auctions of similar-sized planes have gone for up to $4 million US. Damaged airliners are often worth more when they are broken up and their parts are sold separately.
I am in a state of total intellectual shock that the US military has not sent numerous fuel laden remote control small airliners crashing into GS’s HQs.
Something like 95% of all glass-steel re-bar core skyscraper buildings in the USA could be collapsed by a well fuelled 707 — and this is ‘Skyscrapers 101′ public knowledge in the US civil engineering community.
The US is doomed to hyperinflation and currency collapse, and a probable collapse into non-convertibility of its currency as well. With the collapse of economic power comes the collapse of military power.
The Monaco and Las Vagas betting shops would put good odds on the military doing this to save its own power … unless the US military has 99.44% succomed to the fatal diseases of nepotism and favouritism at its highest levels.
For an autocratic military-industrial state, the US on this line of reasoning could be considered a failed state — in that the Leviathon of military power is dead.
Personally, I could care less about the outcome and otherwise I seek total non-involvement.
Good read … enjoy …
You Ain’t Seen Nothing Yet!
…
One. Pretend to “take on” the banks
Two. Geithner’s got to go
Three. Cap and trade? What cap and trade?
…
…
http://www.caseyresearch.com/displayCdd.php?id=325
Friday Funnies …
http://www.caseyresearch.com/displayCdd.php?id=325
…
…
A Funny Video on an Unfunny Part of the World
The following is a well-done spoof on news coverage in the Middle East:
http://www.youtube.com/watch?v=vWVcTHBVwkM
A Supply Side Joke
A traveler wandering on an island inhabited entirely by cannibals comes upon a butcher shop. This shop specializes in human brains differentiated according to source. The sign in the shop reads:
Artists’ Brains $9/lb Philosophers’ Brains $12/lb Scientists’ Brains $15/lb Economists’ Brains $19/lb
Upon reading the sign, the traveler notes, “My, those economists’ brains must be popular!” To which the butcher replies, “Are you kidding! Do you have any idea how many economists you have to kill to get a pound of brains?!”
Bad News, and Worse
A doctor says to his patient, “I have bad news and worse news.”
“Oh dear, what’s the bad news?” asks the patient.
The doctor replies, “You only have 24 hours to live.”
“That’s terrible,” says the patient. “How can the news possibly be worse?”
The doctor replies, “I’ve been trying to contact you since yesterday.”
CCTV in the sky: police plan to use military-style spy drones
Arms manufacturer BAE Systems developing national strategy with consortium of government agencies
http://tinyurl.com/yj9gmm5
With all this happening, where is the Gold going? I mean, the rate isn’t exactly rising very much. Not in dollars not in euros.
I smell faer…and that is good let them be afraid…..
Remember Plan B….This is it…
Alongside Night – A Short Story with insights that will put us on a certain path towards freedom.
PDF available for free at http://www.agorism.info
Diing ding ding !!!!!!!!!!!!!!
INTERNATIONAL-US-SECURITY-BRITAIN-ALERT
http://www.comcast.net/articles/news-world/20100122/INTERNATIONAL-US-SECURITY-BRITAIN-ALERT/
Hic
Are we at Red, Orange or Purple? I can never keep them straight.
@Harry … With all this happening, where is the Gold going? I
http://www.kitco.com/charts/g_leaserates.html
Rising IMO !
@Phil, yes lease rates might vreep up a bit, but spot is still down. Also lease rates were higher in the past shown in the graph.
@ Bill Stewert – “Intellectual shock”
I share that shock and awe. The Supreme Court decision this week on campaign finance is a solidification of the coup d’etat of 2000 when the Supreme Court gave the national Presidential election to GW Bush. After that point, it is appropriate to review the Supreme Court decisions on key issues, but none is more foundational than the bribery of political officials by corporations.
The military loyalty can not be divorced from the bribery in Washington DC. The reason is that when these high ranking generals, admirals, and officers “retire” on the military, they end up employed by the major military contractors. So, they get the military contract on one end and then employ these people when they “retire” on the other. This is happening not only in the DOD, but more importantly in the CIA.
The Dept of Justice does not have enough people to handle these matters and does not have the capability in court to prosecute each. The courts would be overwhelmed in any federal district with the amount of fraud which would need to be addressed.
Recall that the fraud is pervasive in the banking/financial sector too. This reflects the largely undisciplined and unregulated linkages between the government and the corporate entities.
When people have no justice and have no opportunity to get their day in court, we have a God given right to freedom of speech, freedom of assembly, right to bear arms, and right to show force.
Will anyone argue to me that those rights are being respected in the United States?
I doubt anyone has linked the NRA, Electronic Frontier Foundation, and ACLU; but it may be coming time to do so.
More importantly, carrying of guns as sidearms like in the old west might be a fashionable statement soon. But, if the guy writing at johngaltfla.com is correct, just a display of force will be met with a bureaucrat giving administrative abuse to your entire family.
Force of action by the military is the issue. If the DOD and Pentagon lose confidence in the Congress and White House, they certainly have the firepower to coup d’etat the state. But, never in 250 years has that occurred in Western European or North American nation, has it?
The fact we honestly consider these possibilities is sad testimony to the lack of justice for those who are hammered by the big financial corporations and their related big business tribe.
@Gordo – thank you for posting that informative tid-bit about Bank of America and Illinois Gov. Rod Blagojevich.
Bank of America doesn’t like an outsider cutting off the lucrative deals with the State of Illinois?
It looks like the window company was being harmed by the economy. The bank had cut off funds. (Sound familiar to all those small business people?).
So, the Governor cut off the Bank from state funds until they restored lending to the company he was defending.
The bank then gets pissed off and uses their back door to the AG or DOJ to get back at the governor.
wow… makes me realize that the MSM was taking orders from somebody to air that crap on Blagojevich….meanwhile nobody was covering the fight with Bank of America
Makes you wonder what kind of political propaganda the MSM will report when the banksters go calling the network chiefs at CBS, NBC, ABC/Disney
If you had just a minute to breathe
And they granted you one final wish
Would you ask for something like another chance
Or something similar as this
Don’t worry too much, it’ll happen to you
As sure as your sorrows or joys
http://www.youtube.com/watch?v=ZVlbgqmxXNY
good tune,,,,,,,pg
They also tried manure sniffing dogs at Goldman Sachs. They all died of an overdose.