Stacy Summary: All the laws passed during the national pandemic of fear are being used to protect the select few and to abuse the many. SEC was asked to treat AIG / NY Fed as matter of national security.
Tags: aig · sec140 Comments
January 25th, 2010 by
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@ Bill Stewart –
Your comments about the GDP run up by BOTH political parties and then covered up by the “national security” apparatus matches my analysis.
Thank you for posting your numbers because it just further reinforces the fact that we citizens need to be on the watch for political operatives who are posting on boards to dissuade the conversation and PREVENT the dissemination of good information.
calif. doc, it is interesting seeing how the authorities are trying to yet again weasel out of lies they’ve told. Such as the geitner half truths about aig.
When the authorities run out of excuses they use the national securtiy bull craap.
i love this new angle they’re using with trying to keep the henchman bernake in charge by saying they’ll make the markets crash if the congress doesn’t keep bernake. Another threat to us. I think these banksters need some court dates.
@CalDoc;
The first person that went off topic was Gonzomarx, then DanValley, etc.
What you call a red herring is an item of extreme interest to experts:
“Anil Kakodkar, former chairman of the Atomic Energy Commission, on Thursday said the development of thorium-based energy would be the next challenge before the country to meet its growing power requirement”
You should not single out people for personal attack based on your own ill-informed ideas: it is not becoming for a medical professional to act is such a crass manner.
That is, if you ARE a medical professional.
@Stacey:
I’m sorry if I drifted off topic. Perhaps you and Max might find the subject of thorium development of interest for a future show?
@jon – I have ZERO confidence in the court system to carry out justice. The courts are so bought out that its really another political body. When local jurisdictions converted to elected bench positions, it permits certain corporations to fund certain judges.
You can figure out the rest.
Therefore, my view is that the “move your money’ group is right.
We need to cash out and say adios to the banks we hate the most. Just don’t do business with Goldman Sachs at all. If the company you day trade goes through Goldman, you are fueling Goldman.
If the insurance company goes through Goldman or AIG, then you’re fueling them with your premium.
Decoupling is hard.
to stay on track. The banksters must be shut down.
@fsnoot – I have no doubt about my credentials. I also have no doubt about yours.
calif. doc, yep, the courts have pretty much like the politicans been bought off to side with the banksters or huge corporations.
YOU see people arguing on the boob tube that the banksters might be doing something wrong. But never the judiciary system. Were never to talk about how bought off the judiciary system in the usa is.
@snoot @ @CalDoc – this is a jibber jabber thread, so, while I did propose a topic for conversation, the thread is open to any topic . . .
stacy, thanks, in that case I just want to say its cold up here in montana.
Tired talking about geithner, he is toast, finished, history …
Green energy sure sounds wonderful, I priced out 2 windmills and an array of solar panels with conversion assembly. the payback is greater than 8 hears. Not a good investment from my end. Green is not gonna fly for the masses, unless some new silicon conversion technology cuts the cash outlay by 50 to 60% imo.
@Jon-
The bailout of AIG does look to have been required because AIG had their fingers in so many pies.
The real question is why there is not a more formal indictment process being brought to bear by the Obama Administration on the individuals who abuse administrative privilege in these fashions.
These same administrative abuses were present in Nazi Germany prior to the holocaust. Individuals who are long-winded in claiming “never again” should really be concerned.
All Americans should be keeping a closer look on these issues because it is imperative that the US Constitution’s Bill of Rights be applied.
The sitting supreme court is choosing to ignore habeas corpus in some instances right now.
Thanks, Stacy!
Ronron: you okay?
Caldoc, i have moved my green out of the vampires vaults.
Fuck um all!
@JGIR -
Thank you for posting your numbers.
I had also priced out similar systems and noticed the same thing.
I’d appreciate your thoughts on this analysis.
When I looked at operational costs, the upfront cost of the system was the problem. The PV systems are too costly per KWH generated.
The end result is that to break even the lifetime of the system must perform for 5-7 years without repair. This is achievable for solar thermal on water, but PV systems are subject to decay on performance based upon degradation of the panel efficiency.
I reached the conclusion that the wind turbines were good to balance out the PV panel under performance during cloudy conditions. However, I could not locate a charge controller system which integrates PV and wind turbine variable direct current supply with grid AC.
I am still searching and therefore post this comment in order to see if you can comment.
@stacy – thank you for your clarification, but I do find the behavior of some on this board peculiarly reminiscent of psyops manuals that I have reviewed.
psyop manuals?
Jack of all trades master of none?
cal doc, does anyone overlook the sec. It is obvious they look the other way alot of times when it has to do with their buddies goldman sachs, j p morgan and one or two others.
I’m surprised the fed is so upset tthat they threaten to crash the markets if their boy bernake isn’t allowed to keep his job. CAn’t the fed just find another stooge to take bernakes job.
Caldoc–i do recall that the turbines had the conversion designed within the assembly which could adapt straight into the electrical meter pan in a piggyback fashion via conduit run point to point. There are voltage drop considerations with the length of the run for turbines. The solar array conversion would have been installed adjacent to the electrical panel. I would have done 50% of the labor, but just to costly.
Jan 1st we were handcuffed with a 30 to 40% electrical rate increase based on usage.
on habeus corpus
http://rongstad.blogspot.com/2009/07/naomi-wolf-obama-no-better-than-bush.html
@cal doc where’d you get those psyops manuals?
can you post them?
@ jon –
My guess is that that the board of the Fed Reserve has something up its sleeve.
The question is what is up their sleeve and why are they so hell bent on this “pro-Bernanke” blitz in the last 48 hours.
The banks clearly have major derivatives exposure on their ledgers. There are likely to be personal exposures through hedge fund “investment” dark pools that these Board members throw their money into.
My guess is that a currency devaluation is feared by these people and hyperinflation also is feared.
In the hyperinflationary situation, the currency is printed so fast that everyone gets out of debt quickly (as long as they are employed and their wages are allowed to escalate with the hyperinflation). When I reviewed Martin Armstrong’s discussion about Weimar Germany, Armstrong points out that people began bartering clothes, small bottles of alcohol, candy and other similar goods as currency.
The Federal Reserve Board is making a threat about the valuation of the bank and the US Treasury is being held hostage.
I think they’re saying to the Congress that if the Fed chair is not renewed, then the banks may not go along with the purchase of T-bills and T-bonds.
The push back comes from the banks comprising the Board.
In looking at the numbers, Wells Fargo is the least exposed of the big 5 banks. Therefore, it follows that it is the New York Federal Reserve Bank that is pushing Bernanke the most because JPMChase is the MOST exposed.
If Bernanke is not put for vote and confirmed, Donald Kohn ends up the chairman.
Does anyone know if Kohn has made any comments on QE as a policy?
@Cal’ Doc’,..Here’s a short clip presented by Winston Shrout,.it might help with your “understanding” of the court system,..; )
@underfundedmentalist-
Those manuals used to be locatable using Google or yahoo. About ten years ago during the election of 2000 I was quite active on discussion boards and noted that teams of people were posting to certain discussion boards in early attempts to influence the election.
When my friends and I began investigating the IP addresses of the parties involved through a technique which I will not post, we discovered that some of the messaging and monitoring were coming from locations which were where anonymous internet access could be obtained. Others were coming from inside technology firms which had a cause in the fight.
Some of the guys identified that the postings were following well known propaganda techniques.
Google “propaganda techniques” and you’ll see it.
http://academic.cuesta.edu/acasupp/as/404.htm
Evaluate “name calling” in the context of some of the flame-wars that show up.
You lose the original topic in the flame war…and that is the point of the propagandist. They’re trying to discredit the publisher and the information by putting ink in the water to cover up the facts.
@Underfundedmentalist -
http://www.fas.org/blog/secrecy/2007/02/army_manual_on_psychological_o.html
This is a great webpage!
I wonder how long it will be up..
http://www.ssrsi.org/sr1/Weapon/psyops.htm
@Cal’ Doc’,….DOH!!
http://www.youtube.com/watch?v=v5l_oqqkADw&feature=related
nice link, Dedo
cal doc, . Thats what I’m wondering as well. Is the bernake thing just the excuse they need to crash the economy or markets and have an excuse to move the blame of the crash. Rather than all the bad crooked market manipulations they’ve been doing the last years.
@JGIR-
The upfront cost of installation and equipment for wind turbine and PV electrical generation will inflate higher as the dollars buys less.
With energy costs moving higher over the next 20 years, finding a way to generate power with cost effective charge controllers is important.
DC current to Li-Po battery systems seems like a potential solution. Li-Po costs are declining due to increased production for cars and computers.
The issue is how do you load balance between the DC in and the need for 110 V AC in the house.
I’m finding that the cost to retrofit the house might reach $20,000 in equipment and labor, but that cost might be smaller than the total costs of electricity for the next 20 years.
@jon-
My prediction is that the US Senate does not have the guts to renominate Bernanke. The Senators will not bring it to vote because Harry Reid is in a shakey seat (he’s a democrat from Nevada) and Barbara Boxer has already said no to Bernanke (shakey seat in California).
So, the political epitaphs are being written for the Democrat control in the house. A flip of 5 seats is enough to change the majority. Brown is a +1 for the GOP, but also a -1 for the Democrats. Boxer and Reid are similarly close. So, the Senate is up for grabs based upon Bernanke.
1/3rd of the US Senate is up for election. My guess is that the GOP Senators are too partisan (i.e. won’t think for themselves) and will blindly support Bernanke because he was Bush’s appointee. The GOP Senators will argue that it was better under Bush. Bush is the bastard that started this financial calamity.
Bernanke is politically fried. He should pack his bags for New York, because I’m sure he has a job lined up at some university or bank.
The question to me is who is the replacement.
cal doc, yep, you can go way back and see the bushes fingers in the pie. I still remember when the elder bush got to be reagans vice president. Right then and there I knew Reagan was just gonna be a front for the bush people.
I don’t think it really matters who they get to replace bernake. They just need someone to not spill the beans and keep their mouth shut on all the corruption the fed has been doing the last century. My guess is the next person won’t talk alot.
@California Doctor
Obama = Bush = Clinton. AiG own you. You know the answer.
You are not that naive I hope ? These crooks work in tandem with the bankster. It’s called protection.
@Y’All
what do they call all that garbage you get through you door everyday… er… unsolicited mail… junk mail… er… I dunno also all that you have have won a prize BULLSHIT… conmen with LIES and Bollocks just someone trying trick YOU into looking at something coz they are too insecure say exactly what it is… or they think you are just STUPID or DESPERATE that you will read any old SHIT… or maybe they are so full of themselves they think everyone is automatically interested in their opinion… maan if anyone EVER posts a link for me or anyone else and they can’t be bothered to say what it is… I always just ignore it…. I always make a point of labelling my links correctly, that way someone can choose not to look if it aint there THING…. SAD just SAD!!!
@CalDoc. i was out for a while. fuck off.
@Marc – Protection?
It’s not protection. It’s international crime and a syndicate which preys on innocent civilians in many nations.
@y’all
Ronron is a good example of “ad hominem propaganda”
http://en.wikipedia.org/wiki/Ad_hominem
Thank you ronron for your example.
Please keep it up.
You are teaching by example your own trade…. which arm of the Mossad do you work for?
LOL… just kidding.
Ta Daaaa!
Reuters 24 Jan 2010 “…keep secret many of the details of the American International Group bailout like a request to protect matters of national security…”
Well, this may just tally perfectly.
Consider:
- Unprecedented, gigantic Gov bail out to prevent the AIG house to go bust and burst open to the public eye, scrutiny.
- The ugly dozen investment banks kept entirely whole on their empty CDS bets – akin to reimbursing the losers on the roulette table. Keep them happy at all cost?
- Lame and tame political, media reaction to paying foreign banks in full for such pure casino gambling, eventually at the expense of the US taxpayer!
- Only most trusted members of the most inner circle of the US Treasury-Fed-Financial complex involved in the rescue effort.
- around the world, and specifically in Zurich, sizable office buildings, housing AIG related entities and nobody knows exactly what they are doing.
Unusual coincidences? Not so, if this is the reason:
AIG is/was the world wide offshore paymaster for the US intelligence agencies, the clandestine banker to the CIA & Co, to handle the myriads of financial transactions. AIG the secret G & A backbone of these US services. Without it, they cannot function. Hence the scramble to keep AIG from filing for ch 11 or similar open process… and at least some explanation for the relative resilience of the stock…
Posted August 28, 2009
http://seekingalpha.com/article/158876-aig-is-dead-long-live-aig#comment-651645
America has been HIJACKED! Wake-up foolish American people. You have been dooped since 9/11!! Shame on you people!!!
@Rod
Hey the whole wide world has been highjacked by these multinational globalists neo-con bastards. It’s not just the USA. It’s the hole freakin place. Rotten nazi globalists from the UN. Yeah all the shit is emanating from the UN, that criminal organization.
In reality the UN is used as a front for multinationals to plunder and pillage. They want a world government based on the same model as China. You are warned. It has nothing to do with the American Dream of the 50′s, more with the chineese syndrome. They all dream of China in Europe and the USA.
Financial TV (CNBC) in the USA is broadcasting the House hearing on AIG. Tim Geithner is giving his opening testimony. The vice-chair, California congressman Darrell Issa, gave a stinging opening statement which nearly, though not quite, accused Secretary Geithner of being party to the cover-up of the counterparty payoffs (buck for buck).
The GOP’s Congressman Dan Burton cross examines Geithner. Burton is really doing more grandstanding than anything.