Stacy Summary: Alistair Darling warns Obama about going it alone on financial reform. While Darling doesn’t like the Volcker Plan, the G20′s Financial Stability Board is backing it.
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Stacy Summary: Alistair Darling warns Obama about going it alone on financial reform. While Darling doesn’t like the Volcker Plan, the G20′s Financial Stability Board is backing it.
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Two songs to kick start your day:
THE MEMBERS
http://www.youtube.com/watch?v=Pc6hbiNVfbw&NR=1
THE RUTSs
http://www.youtube.com/watch?v=zCkNu9OxThc&feature=related
Anyone ever say these in the late 70s?
5*
Supermarket sales hit 21-year low
This japanTimes article has more news on Japanese consumers continuing to tighten their belts as wages go down and deflation continues.
http://search.japantimes.co.jp/cgi-bin/nb20100123a5.html
It did seem that the DPJ would allow the yen to float freely against the dollar when they first came to power, in order to spark some internal demand in the Japanese economy and give the hard pressed consumer a break, as the yen increased in value. Sadly more recently they seem to have decided to take the often used LDP technique of talking about government intervention when the yen strengthens in order to support the powerful exporters.
Where will it all end?
When the Japanese people finally run out of savings who will be left to buy the Japanese government bonds (90% of which are now purchased by Japanese people)? Who will support the massive government deficits? Foreign investors? I dont think so, they have their own problems. Eventually the government may get more than it bargained for- A very very weak yen.
The emotional imbalance between losing and winning may be related to the natural overestimation of low risks and underestimation of high risks. I just changed one of my adds from a promise of profit into a warning of potential loss
“Six Million Dollar Collapse”
I remember when 6 million was enough for a bionic man….
My latest video
http://www.youtube.com/watch?v=QudxgHSbTDk
@max and stacy
we all speak about the us. But what about europe….big problems are coming here too….
In here a broker says in devestation there is opportunity. What a shit head mentality?
http://www.youtube.com/watch?v=yoQOXepaCjk&feature=channel
Ok dude what if you are one who is being davastated and I am the one having opportunity…… how do you like it …….hmmm
@Fred’s Family
Yeah lol
Talking about the Bionic man. If we combine all the technologies we already got we almost have the bionic man. assuming we can connect the bodily functions directly into the brain, who needs a flesh and bone body?
HULC: exoskeleton for military use http://www.youtube.com/watch?v=y1CeBOWm67A
@Youri
Oh yeah… I’d be a twat if I didn’t say I really enjoyed your post the other day about South? moluccans and body scanners… I had some run ins with dutch moluccans when I was teen… but that’s another story….
@Fred’s
They have replaced it by the 25 trillions dollars Obanana Man, the moronis man. A new genetically combined form of humanoid recombination zombie assembled by Martin Marietta and Goldman Sach. The morinic man is the NEC PLUS ULTRA of imperium, a multinationala man à la fois Indonesian, American, African, Muslin, Protestant, Catholic, part French noblesse, recombined with white texas hillbillies, and a little bit of martian or reptilian blood mixed somewhere. A real wonder.
@Youri Carma
Does it come equiped with a brain this exoskeleton for military use ? Can it scew too or it’s eunuqye ? Haliburton and Dyncorp are working on a sexual slave robot to automate their middle eastern brothels.
Haiti – 150,000 bodies have been collected for burial so far
http://news.yahoo.com/s/ap/20100124/ap_on_re_la_am_ca/cb_haiti_earthquake
I think this Volcker plan is just another gimmick and nothing more.
Democrats are feeling some heat of public anger and are trying to deflect it somewhat, but I don’t see them doing anything against the wish of big corps. Especially after latest Supreme Court order effectively giving corporations right to keep or sweep any politician they want.
Being able to fund election of smear campaigns without limits amounts exactly to this – corporations will now pick and choose all government officials without constraints. Maybe US congressmen should now wear corporate logos on their suits just like Formula 1 drivers. You know, those folks should be presented in TV like this: “this gentleman was brought to you by Monsanto, that lady was bribed by Pfitzer and those few congressmen are sponsored by Goldman Sachs.”.
The confirmed death toll from Haiti’s devastating earthquake has topped 150,000 in the Port-au-Prince metropolitan area alone, the communications minister said Sunday, with many more thousands dead around the country or still buried under the rubble.
Whom does the communications minister work for, Stacey? The Haitian ‘government’? All counts of deaths are spurious from that source.
@snoot – the next sentence then reads, “Communications minister Marie-Laurence Jocelyn Lassegue told The Associated Press that the figure is based on a body count in the capital and outlying areas by CNE, a state company that has been collecting corpses and burying them in a mass grave north of Port-au-Prince.”
There are dozens of independent journalists and others down there who have seen thousands of bodies being scooped up and hauled off to mass graves. I’ve seen some of the footage on their reports.
How are you able to assert that the body counts are false? Have you been down there? Are you saying that there have been no deaths?
The Intl banksters have overall of control of the G7 and G20. I was told in October last year about the tobin tax and how the Intl banksters had recommended this to various national governments along with the prospect of a quick resolution to the deficit as this tax will certainly yield massive taxes quickly and make brown and obama look like they had saved the world and will get brown properly elected. This whole tobin scenario has been plotted and is now being executed very much under the Intl bankers control !! It is another trap and method of implementing global government tax system and seeing as the climate tax is stalled the Brown crime syndicvate is now looking for its low hanging fruit to electioneer on!
Communications minister Marie-Laurence Jocelyn Lassegue told…
Stacey:
Who told whom? The communications director is our source. He is referring to whatever: the point being he is our source.
@Stacey:
I assert nothing other than the mention that the source is spurious for the ‘count’ of the dead.
The Huffington Post had the number at 200,000 two days ago. “Thousands” or hundreds? Who is to know really: the press is involved in the manipulation of reality not the reporting of it.
In the Katrina debacle, the dead were added to after the force of nature was upon the people. This instance to me seems the perfect opportunity for just such an ‘operation’.
mass grave
We’ll see more of these in future.
Another point you might think about when it comes to people staying their houses and paying even though they are upside down…..They don’t want to leave their homes, their communities and schools that their children are enrollled in. And where do they go after that? They probably know that they will never own a home again considering the credit rating they will have and the economic melt down in terms of jobs and the banks requiring 20% for a downpayment.
It’s just sad. I think it’s a mix of not wanting to admit failure and loss and not wanting to leave their homes.
@Snoot and Stacy:
Hey, they’re just brown people…….whatever. That’s clearly the attitude that is closely guarded and masked with this humanitarian aid, all the while the US inends to occupy Haiti forever until we have drained every drop of oil out of the country.
@jwaj:
I understand what you are saying. In order for this to really work, he needs to get Timmy and Summers out of there s Volker can really implement the changes needed.
Maybe the public is really catching on, maybe they see who the enemy really is. I suspect it will take another presidential election, getting a GOP pretty girl or boy in office and seeing the complete control of the presidential office again from the GOP side and then they will really get the picture.
@Stacey:
This is odd!
“It was unclear, however, how the government arrived at these numbers — especially the number of victims buried. The figure grew over the course of the day from 111,000 to 120,000 to 150,000 without detailed explanation.
Jacques Adler Jean-Pierre, one of Ms. Lassegue’s aides under the tree, said nonetheless that someone had been keeping track.
“It may have looked like no one was counting,” he said, “but someone was supposed to.””
http://www.nytimes.com/2010/01/24/world/americas/24bodies.html?hp
Extremely disturbing.
Body counts are often wrong… remember Jonestown
They said they were off because the bodies were stacked…
http://wideeyecinema.com/?p=295
@snoot
They are in Haiti, a lot like the people in Washington and the Pentagon. They have difficulty with arithmetic. No children left behind.
@Marc:
I don’t think the difficulty has anything to do with arithmetic.
I hope the US supreme leader relentlessly goes after Canada’s finance system problems in his “Status of the Regime” speech on WED.
By going after other nation’s finance and monetary systems — a more effective cover-up of the coming total collapse of the USD can be hidden.
There are several hundreds of millions of USD that need to be one way converted into USD that desperately need 0.75 USD = 1 CAD.
This is 100,000,000% about money flight from the failed US regime and collapsing USD.
http://www.martinarmstrong.org/files/Creating-the-Floating-Exchange-Rate-System-The-Fate-of-the-Dollar-2010-and-Beyond-1-11-10.pdf
http://www.martinarmstrong.org/files/The-Decline-of-the-West-Has-Western-Society-Come-to-an-End-12-09.pdf
http://www.martinarmstrong.org/files/Capital-Flight-The-USA-Has-Lost-it-s-Stature-as-the-Financial-Capital-of-the-World.pdf
http://www.martinarmstrong.org/files/The-Public-v-Private-Wavesand-Switzerlands-Fate-Along-With-the-Rest-of-Us-92409.pdf
@snoot
I know.We have friends and family that have family there. The drama is compounded because Haiti’s construction code was never applied and Haiti well was always very chaotic place. It’s usually the case with poor countries. People live on 2$ a day. Try that for a couple of weeks. You are probably informed how the IMF has treated this country, not just France. How things never change.
The discussion about Haiti is obvious.
During mass casualty events which kill thousands within a day or week, the local mortuary services are overwhelmed. When the local mortuary services are overwhelmed, there is no way to properly prepare the body for burial.
Worse, the earthquake in Haiti took down the government itself. Largely, Haiti is lawless and without government. Social order can not exist in this situation (SHTF).
Therefore, the burial of 120,000 or 10,000 or 200,000 is largely a numeric statistic which is fluctuating, especially when you are within a few weeks of the disaster.
Importantly, the death count will be continuing to rise over these weeks as the absent medical services continues to kill.
There is an obvious linkage between the absent medical services and the death of the population.
This is culling. I have no doubt.
@Stacy – thank you for posting this story about Alistair Darling.
I now realize that the UK gov’t has much more severe problems than the US. And, the loyal British subjects need to quit being lap dogs to the bankrupt bankers.
Is Alistair Darling really this big of a lap dog to RBOS?
What a joke he is.
Can I say that again about Mr. Darling…
How darling he is… a well chosen surname for the financial sock puppet of Downing Street and London’s banks…
The Tower never looked more empty and yet so useful when her majesty’s civil employees utterly fail the nation.
In the best spirit of the Prime Minister’s time in the House of Commons, would the Chancellor care to opine on the reasons for misinforming her majesty regarding the actual causes of the loss of a substantial fraction of the kingdom’s net value and worth?
Or, did the Chancellor believe that the entire planet would not see the slight of hand magic nor speak of the ills in Hyde Park?