[1103] The Truth About Hank Paulson – 30 January 2010

Stacy Summary: The Truth About Hank, Russia, China, bin Laden and more.

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167 Responses to [1103] The Truth About Hank Paulson – 30 January 2010

  1. Max, You predicted that people who criticize and undermine the US Dollar will be branded (if not arrested) as “financial terrorists”

    I predict they will go one step farther: A surprising find will be made while US forces raid some Al Queada bunker: a huge stash of gold. Then defenc/se people will say “terrorists often use gold as a funding tool”, etc. And next thing you know anyone who buys gold will be pre-emptively arrested or questioned.

  2. Eddie From Illinois

    Max You are fantastically funny, but Please no more singing!!! face it you just suck at it. Stick to what you do best, verbally beating the shit out of all the crooks on wall street. You also need to get stacy to swear more it sounds good coming from her because unlike you, she seems to have some morals.

    PS , what happen to the story about the super pussy, you never did get to it!

  3. Walle, walle, manche Strecke, dass zum Zwecke tarry,
    Wasser fliesse, und mit reichem, vollem Schwalle zu dem Bade sich ergiesse!
    Goethe, Der Zauberlehrling, or as you probably know it Disney’s Sorcerer’s Apprentice. I was surprised that you didn’t know that what with you being all German.

    Funny thing that, being first with an idea, my mate was talking about finacial weapons of mass destruction about a year before I started listening to your show.
    And then there was the Pea, aaah the Pea, I suppose the less we say about that the better. Sounded promising, bit of a let down, my wife calls you the master of the bad comparison.

  4. @Max and Stacy..

    Fantastic show. I laughed. I cried (..naw).. I laughed again. And Again. And God knows I need to laugh given the state of the world. You guys are wonderful. Love ya both. Watch your backs. Stay out of airplanes when Dick Cheney or G.H.W. Bush are around. :)

    Humour and intelligence. Hell, it doesn’t get any better.

  5. I really hope capital controls are not imposed in the US. That would be like chaining people to the mast of a sinking ship. Neither nice nor fair.

  6. Davos Notebook: China is like a young Yao Ming (right one) http://tinyurl.com/yz4e435

  7. @gb
    And in the vaccines there will be massive doses of squalenes and all yummy yummy stuff that either makes you stetile or shortens your life by let’s say 30 years. Still don’t get it ? USA is runned by greenies. But it’s a very very type of greenies. They are called eugenists, social darwinists. In sum it comes to this. “You brown people and you black people or yellow people, make too much babies.” We are goin to take of your problem. Naturally it’s for the planet. The same sort of treatment will be reserved to the poor and destitutes here too. Like in the 20′s in the USA. Yeah. Paradise USA. In the 20′s in the USA they used to sterilize by force some ethnic groups like the Indians, and the poor. Bill Gates doesn’t a fuck about feeding people or giving a quality of life. It’s about reducing the number of them indirectly. Vaccines are an ideal medium for these things. This laboratory rats to be tested were the US soldiers during the Irak wars. A lot of them are today sterile. But there is more. You can use food too to do the same trick.

  8. frances snoot

    “”Not all credit is economically useful”, Lord Turner explained. “For instance, in the UK we had an explosion of credit to commercial real estate, but not to ordinary business activity and job creation.”

    Youri: the explosion in credit for commercial real estate was a result of basel 1 accounting rules and not any carry trades.

    “Any causal understanding of the sub-prime crisis not only has to describe general
    contributing factors to securitisation and off-balance sheet activity; it must also
    explain the magnitude of change in such a compressed period of time (post 2004).
    What were the catalysts?”

    http://www.oecd.org/dataoecd/33/6/42031344.pdf

    “The Basel 1 system encouraged regulatory arbitrage, and never provided a capital constraint on banks. Banks were told in June 2004, that this would get even better. For the big banks involved in the crisis, they were told that by 2008 they would move to a much more complex system—the ‘revised framework’—or Basel II, where they could pretty much set their own capital in the so-called Pillar 1, using their own internal risk modelling—and this modelling was showing a big drop in the risk weight to mortgages.”

    http://www.oecd.org/dataoecd/34/18/40807940.pdf

  9. Zhu Says China to Keep `Accommodative’ Monetary, Fiscal Policies in Place http://tinyurl.com/yktmb3r

    Dollar carry trade is a “massive issue today”; Chinese central banker Zhu Min warns of new Asian crisis – 27 January 2010 (Telegraph.UK – AFP) http://tinyurl.com/ygdepsx

    FSA’s Lord Turner signals crackdown on carry trade http://tinyurl.com/yfgpv5k

    Davos Notebook: China is like a young Yao Ming http://tinyurl.com/yfnv39v

    Inside China’s Tightening: Banks Literally Tearing Up Letters Of Credit, Importers In Disarray, Orders Cancelled http://tinyurl.com/yznqbb7

  10. frances snoot

    @Phil:
    Yes, well I never noticed you being lazy or sloppy. Why, you’re almost German in your fundamentals!

    Oh, that article you linked is from September. China is in a capital crunch brought on by the CBRC regulatory adhesion to basel mandates.

    http://edition.cnn.com/2009/BUSINESS/11/24/china.banks.lending.ft/index.html

    http://www.smh.com.au/business/chinas-credit-crunch-20100120-mlqg.html

    “The chairman of the China Banking Regulatory Commission, Liu Mingkang, said he had targeted banks that had not met prudential supervision requirements.
    ”For those that failed to meet these standards, we told them to limit lending,” he said in Hong Kong.
    “[Chinese banks] need to get ready for the wrong kind of borrowers and the wrong kind of weather.”
    Mr Liu said this year’s new lending will be confined to 7.5 trillion yuan ($1.2 trillion), down from last year’s extraordinary 9.6 trillion yuan.”

  11. Great show, ty!

  12. i believe psycho-killer reference is from Red Dragon, by Thomas Harris same author as Silence of the Lambs.

    great show

  13. Bill Gates promises $10 billion for vaccines

    http://www.reuters.com/article/idUSTRE60S3K420100129

    wouldn’t food or infrastructures or antibiotics or medical supplies make more sense – bot no, and they end the article by promoting less population growth. maybe that’s what the vaccines are really for-

  14. @max&Stacy
    Bob Chapman would be a great guest

    Max, don’t be so quick to believe that overpopulation is somehow the cause of pollution. governments and corporations who don’t give a shit are the cause of pollution. they want things this way, I don’t believe their is any political will at the top that truly desires to improve anything for the people – believing that overpopulation is the problem is almost like blaming the people for the fact that the world sucks rather than blaming those in power.

  15. Phil /Germany

    All is quiet on the Western Front !

    GOLD IS NOW UNDERWRITTEN BY CHINA
    September 11th, 2009 by Egon von Greyerz

    “Paper money eventually returns to its intrinsic value – ZERO”
    Voltaire 1729

    11th September
    Egon von Greyerz
    matterhornassetmanagement.com
    goldswitzerland.com

    PS@frances .. Fitch
    Yes, I’m again being sloppy/lazy , I meant the PTB of course, not the US Govt.
    http://matterhornassetmanagement.com/2009/09/11/gold-is-now-underwritten-by-china/

  16. CRamer sounds just like Tom Cruise when he was talking about scientology..

    My sunday video club submission http://link.brightcove.com/services/player/bcpid27197670001?bclid=26524410001&bctid=63705311001

  17. my theory on having children has proven correct so many times.

    The theory goes the more selfish and egotistical you are the more children you’ll have. And having the kids (spawn of hell) you will be given the wrath of god on you.

  18. The Underfundedmentalist

    off topic?
    Study Reveals the Angriest Americans
    ‘Anger is more likely among the young, those with children at home, and the less educated, a new study finds.’
    “It underscores the power of getting more education,” Schieman said. Education has been linked to feeling more self-control, which could be why those with more education tend to manage their anger more proactively, he told LiveScience.’
    http://www.livescience.com/health/091203-angry-young.html
    So education doesn’t reduce anger, it simply lowers one’s outward reponse when angry, and that’s good because “those who express their anger might actually live longer than those who keep it bottled in, one study found.”
    The study should be renamed ‘throwing a fit each day keeps the doctor away’

  19. Justget Itright

    au revoir

  20. Justget Itright

    never been any reason — video club

    http://www.youtube.com/watch?v=DyoknbvXlwM

  21. The Underfundedmentalist

    @sat night music video club
    foghat! take er easy eh!
    http://www.youtube.com/watch?v=deGDze1f8y8&feature=related

  22. The Underfundedmentalist

    Why shouldn’t corps have 1st amendment rights?
    They already have the 2nd amendment.
    http://en.wikipedia.org/wiki/InfraGard
    and they’ll give you the 13th and 16th in exchange for the 5th!

  23. @Bonn

    That’s very Oldy Goldy “Smoke on the Water”

    Some stoned stuff! Komrij & Gauthier – Zij Danst Op Spijkers http://www.youtube.com/watch?v=A1-KbEPilMI

  24. Maybe little late reaction but I am digesting some drugs ;) So the truth comes out a little later. :) Hic

  25. Wauw! A Dream come true Max Keiser and Bob Chapman named in one article! Should be time due to get Bob on Maxs show(s)!

    JPMorgan vs. Goldman Sachs: Why the Market Was Down for 7 Days in a Row 29 January 2010, by Ellen Brown (The Huffington Post) http://www.huffingtonpost.com/ellen-brown/jpmorgan-vs-goldman-sachs_b_441922.html

  26. Justget Itright

    Skippy— that is an eye opener ;)

  27. Libertarians would never be for locking up people based on their views. Libertarians are about accepting peoples ideas as long they do not use force or fraud on others. Stacy, to say libertarians are changing their tune (not being in favor of putting statists or environmentalists in prison because now it can happen to libertarians) shows a fundamental misunderstanding of what a libertarian is.

    You might find out you are a libertarian yourself. Look into it…

  28. In Closing
    Deep Purple – Smoke On The Water
    http://www.youtube.com/watch?v=xXPI30rPu4k&feature=related

    Hic ;-)
    G’nite y’all

  29. skippy , yep, the supremes basically sold the usa down the river even more now. Good thing is alot of folks are waking up to the corruption that is the supreme court now.

  30. http://www.youtube.com/watch?v=HHRKkXtxDRA&feature=player_embedded

    Until now, corporations only influenced politics with high-paid lobbyists and backroom deals. But today, thanks to an enlightened supreme court, corporations now have all the rights the founding fathers meant for us. That’s why Murray Hill Incorporated is taking democracy’s next step– running for Congress.

  31. The Underfundedmentalist

    @max
    I haven’t heard one of your ‘christ in the temple’ rants in awhile, i think stace frowns on the bit, but with palm sunday comming up, and the religous right soul searching, why not add some fuel to the fire? or would it just result in more capital flight restrictions for the meek?
    “I would expect the Palm Sunday parade this year to go right into the bank lobbies, into the offices of the moneylenders, right into the U. S. Treasury building in Washington. “God wants to take care of the poor and make sure they have enough to live but you have turned money lending and credit giving into a den of thieves and the hangout of robbers!”
    Dr. Earl S. Johnson
    Johnstown, NY

  32. Closin ta DJ Bonn house
    Still tinking on ta last number
    Hic ;-)

  33. Pickin ta tempo
    Led Zeppelin Black Dog 1973
    http://www.youtube.com/watch?v=N9i2fqxSjTI
    Hic ;-)

  34. Out streched hands and one nite stands
    And When it all comes tumblin down
    Hic ;-)

  35. Paulson….Elvis Costello…what’s the freakin’ difference?????

  36. Fer ta metal heads still stuck on Josaphine pickin up ta pace again Hic slowly
    http://www.youtube.com/watch?v=FMBM5JvKQ0s
    Kid Rock y’all – Only God Knows Why

  37. Yeah yeah remember grammer skool
    http://www.youtube.com/watch?v=Mj6QqCH7g0Q
    Aint got no reason aint
    LMAO LMAO
    Hic ;-)

  38. http://www.youtube.com/watch?v=wVyggTKDcOE&feature=channel
    Good bye me lover good bye me friend
    James blunt again
    Headin to hip hop nowz
    Aint got no money
    Hic ;-)

  39. Oy Oy
    http://www.youtube.com/watch?v=uttQLuW-qM4
    Josephine – Chris Rea

    Hic ;-)
    Tears on me pillow but I will come through

  40. jon…thank you for your thoughts…this is like bein’ back in the school yard…not better than sex…but; much better than cheap sex.

  41. JIm , don’t let the plants bother you. just ignore em. YOu’ve got too much good stuff to bother with the plants.

  42. Would like to go harder mabye pik ta tempo up later
    Going soft now like red satin silk
    http://www.youtube.com/watch?v=uWeqeQkjLto
    james blunt 1973
    Hic ;-)

  43. Dildo…don’t close your eyes; ever again……the tooth fairy wants to stick his scandalous wand as far up your canky ass as possible…think Harry Potter with an attitude….you are in grave danger.

  44. Justget Itright

    Ya Bonn man … yahooooooooooo!!!!!!!!!!

  45. Can Can ya remember my name
    as it flows through ya viens
    AAAAAauuuuu we must remain perfect strangers
    Hic ;-)

  46. Justget Itright

    Bonn, big bicep guy must be on some anabolic steroids in combination with,

    http://www.bodybuilding.com/fun/superarms.htm

  47. @jim,.I only admire you jimmy,…what wif your erudite ways,.and fings,..
    nite nite,…got to go to bed,.mums callin’

  48. DJ Bonn in Ta house again
    Hic ;-)
    http://www.youtube.com/watch?v=CMfAu72qma0
    Deep Purple- Perfect Strangers Live
    Hic ;-)

  49. Max & Stacy…travel on the same Hope & Change Bus as Michelle & Barrack…it’s, like so wonderful….I know I feel the difference….who said words are cheap…..any new stations sign up last week, dear????.

  50. Dildo..Max & Stacy are honored by your erudite participation…”dildo’s presence is past flattering..we feel so fortunate….to have fans & admirers like dildo… he compliments all our hard work….yes, dear.”

    Max…”Stacy…thank god for Dildo”….Amen, Bien….Mon Suite.

  51. @ Justget Itright
    Unreal what ta f@#k did tat guy take
    Hic ;-)

  52. @All
    guaranteed to cause dry heaves
    CRAMER praising bernanke & geithner

    http://www.youtube.com/watch?v=VMK4ruJWLqg&feature=player_embedded#

  53. @jim,….I’m only 14,. to young for wifey and kids,…: )
    Do you recognize the pic?,…like looking into a mirror,.ain’t it!

  54. ditto; dildo; dedo…can…….you…..speak….?????…see if the child’s awake, dear.

  55. Max…I almost forgot…do tell us all about Russian TV….”prey” tell…Maxie let’s talk numbers….we” get that phoney, criminal Paulson…right….cha-ching—cha-ching….another Larchmont success story…makes Xmas go so much easier when Grandma asks….Ping-Pong.

  56. Just found a photo of jim,….
    @jim,..you can run, but you can’t hide,…
    http://closetgoth.files.wordpress.com/2009/03/max-schreck.jpg

  57. And 101
    Had enough
    see me byceps
    Hic ;-)

  58. 100 th
    LMAO

  59. Max or is it Marjoe??…Your bible tent is restless…more copperheads….get’em mono-syllabic fast….trance’em quick.

  60. With you, Tritone. It would be great to get back to defining the issues at hand, looking at what has been done in previous situations, discussing possible approaches including benefits and drawbacks, and trying to channel the energy toward more positive outcomes.

    …Or we can go back to gardening if you’d prefer. ;-) )

  61. “The thing about the Internet is that it was never intended to be a worldwide system of mass communication.”

    WTF? Driver’s licenses for the Internet

    http://curiouscapitalist.blogs.time.com/2010/01/30/drivers-licenses-for-the-internet/?xid=rss-topstories#ixzz0e9FIsM8H

    Hamid Karzai fails Taliban who gave up arms

    http://www.timesonline.co.uk/tol/news/world/afghanistan/article7009683.ece

  62. Franes…start an immediate diet of Heroin….that’s the only remedy for your flight….besides; then, you will have an EXCUSE….like Holden.

  63. Frances…you remain a foraging Turk from the steppes….NO CLUE..not even warm….you confuse lust for longeing….pleasure for joy…health for well-being….more WHITE TRASH.

  64. Justget Itright

    wtf is that stink in here??? smells like a pompous ass

  65. Max…screw it…there’s always Stacy’s trust fund…just keep her & her mother laughin’….rich girls love to laugh….

  66. @Tofu,..Reminds me of jim! ; )

  67. frances snoot

    Grace is spiritually discerned, Jim. One need not proffer exhaustive reading lists in the quest for spiritual juice. How would you know my standing before god or man?

    The peacock represents the eye of mystery which looks inward and outward, reveals itself within the incantation of breath: of life reclaimed from the solace of the necessary.

    When man is delivered from the tyranny of the letterhead- the absolute rigidity of the phallic thrust of reprospective reason- then soft light beguiles like the sun: the moon a friend within the context of release.

    Don’t think you’re there yet, Jim.

  68. Salinger worked for the OSS…what a surprise. Corrupt a generation with the notion that experience(reality) is false…and Innocence(impression & sentiment) is Preferred…Mission Accomplished…the Boomers as the Pen-Ultimate; WHITE-TRASH.

  69. Max…the show SUCKED…you two bandits are gettin’ stale….everything out of context, corpus…Pete& Re-Pete: makes Johnny & Jilly a very dull day…and easy to lap.

    If you two have any concern for anything other than cheer-leading yesterday’s news{understand that to be your longevity in the “pubic” EYE…you best start swimming… in DEEPER WATERS….

    You remember Truman Capote…don’t ya”ll??

    BTW..do explain El-Jazz-Era(O-Soma-Of-Ya Tapes)…& Press TV(Khamenei in Paris awaiting the Shah; priceless///let’s talk Syria, Lebanon, Algeria, Morroco)…two more dis-interested parties…right!!!

    Maxie…more Langely for the Kiddies…Ping-Pong….Bing-Bong.

  70. @ everyone

    Someones Bong water stinks ! please replace it… thank you..

  71. MATRIX DUALITY to ABSOLUTE REALITY (pt2) — Prabhupada

    http://www.youtube.com/watch?v=I8zqpnfxGDI

    Believe it or not this guy used to be a currencies trader…

  72. what the fk does ‘objurgate” mean…???….fancy moves from the Countess Odessa….Trotsky’s one true love…..marching forward …with ideas armed with like Madison Ave. NUKES.

  73. HookedonKoolaid

    Brilliant show Guys!

  74. Frances…try Georges Bernanoes…or Gabriel Marcel…Stacy can pick ‘em up in her favorite Parisian Bookstore.

  75. Frances…when you think of the “church”…the eccelsia… think of those who have “faith” in their life after death…through acts of divine “Mercy”…understand “grace” as “mercy”: not as “endowment” to POWER[the ability to dominate-reject REALITY....NON-SERVIUM[Milton]. ….think of an “understanding” of Naturalism’” as necessary transcending metaphor. The Nazarene spoke in PARABLES ONLY…very informative.

    Overall, think Peter; not Paul. Peter was the Rock upon which the Church was founded{Flannery’s BELIEF}…Peter was the most pathetic dis-glorious of Men. That is why Christ chose him; like the Good Thief’:like the Sentorian; like Peter…like you and me.

    I’m afraid your “training; or lack thereof….precludes any chance of conception….not un-anticipated at all…then or now.

    You are a hoorible literature “student”.

    Poetry before Prose.

    Greeks before Romans.

    Peter before Paul.

  76. Paulson to Congress:
    “It votes for the bailout. It does this whenever it is told.”
    “It pays 100% to AIG or it gets the hose again.”
    Paulson to his dog Geithner:
    “Yes it will Precious, won’t it, or it will get the hose again.”

  77. Sherri…my country be damned….I want my LIFE back…I wish to be dis-incorporated….back to the GROUND that raised me….out of the dirt….not some idle, empty, menacing “legalism”; known as NATION { for the purposes of RENT & LEVERAGE}[Transfer].

  78. frances snoot

    No, Jim. I objurgate your sentiments and preserve my right to enjoy life in all its sensual glory without fear of ‘missing something’ which you indicate is a necessary but seemingly fleeting knowing or apprehension or St. Gregory and the divine pear moment that really is a blast from the past.

    Get over it, Jim. Your world only exists in your own wee-itty-bitty mind.

  79. Frances is one terrified gal….she will never accept: that REALITY is independent of her(perception)….nor; is she clever enough to realized that this[such] “imposition” is for her “benefit”. As a result: she devotes all her “cunning” to the “deflection”, “diversion”, “dismissal” de jour. …she sleeps better that way…..invoking her own dis-possession. …see I told ya’ so.

  80. frances snoot

    I read “Manners and Mystery”, Jim. Flannery did not seek to offer an alternative to nihilism: she considered nihilism the result of a refusal to acknowledge grace. I think Flannery actually supported the ideal of a hiearchal structure retained within society, but she had her predilections concerning the divine authority and infallible witness of the Pope.

    You need to deal with these little inconsistencies, Jim. Life is not as tidy as a ziplock bag where one may use careful stratagem to place the bits that seem relevant within an airtight seal-lock.

    Jim, are you the Peacock?

  81. @ Jim

    Here’s an excerpt from a little book I rediscovered today while packing. This is a quote from under the subheading “Clean Up the Executive Branch”.

    “We need to capture their hearts and minds. No matter how high their office or how lofty their titles, members of the next administration should fly commercially. They should go out to the airport, get in line, lose their baggage, eat a bad meal, and stay in touch with how normal people live. Then, if there’s a recession in this country, it won’t take three months for them to figure it out. The person in the seat next to them will let them know in no uncertain terms.”

    Ross Perot, 1992, in United We Stand: How We Can Take Back Our Country

  82. Gold is not neccesary. I have no interest in gold. We will build a solid state, without an ounce of gold behind it. Anyone who sells above the set prices, let him be marched off to a concentration camp. That’s the bastion of money.
    Adolf Hitler

    You had in the past the gold standard. Today in 2010 it’s the concentration camp standard. That’s the secret by the way of China’s “success” too. It was also the secret of the Roman’s empire “success”. Never be impressed by “success” or the “solid state”. Never

  83. Mythologies are rejections of REALITY….and then, their Re-Placements…..Myth can be lived…Reality cannot be endured….out, out damn SPOT.

  84. frances snoot

    Ideologies are intellectual rebellions against Reality. The Real is usurped, dis-credited, de-graded, dis-placed: so that that the abstract fancy can re-place….the actual. The fancy becomes the potential: the future…..the plasmic becomes the plastic.

    You’re right, Jim. Screw ideologies. That would include the ideological notion of ‘truth’ sustained through time by divine mystery.

  85. @maxkeiser.com
    As always… cheers for the show!!!

  86. Ideologies are intellectual rebellions against Reality. The Real is usurped, dis-credited, de-graded, dis-placed: so that that the abstract fancy can re-place….the actual. The fancy becomes the potential: the future…..the plasmic becomes the plastic.

  87. @Y’All
    ‘A broken society, yes. But broken by Thatcher’
    http://tinyurl.com/yjwj3ta

  88. “The state is all loving.” Joseph Staline

    I made it up. Never read the speeches of Staline, but it’s the type of bull you hear from politicians in Washington all day.
    Staline probably said that and Hitler too.

  89. please see Flannery O’Connor’s “Mystery & Manners: the antidote to the consuming Nihilism: that is the STATE..

    Manners provide what Humanism alleges to provide: but fails to deliver.

    Walker Percy as back-up. Another Calvinistic, Gnostic rejection. John Henry Neuman: Amerikan style.

  90. Justget Itright

    stopped listening to clown cramer after his bear stearns call, to me he is an entertainer that does nothing of any good … what a fuckin douche.

  91. Quite clear who are the real terrorists. The US Federal government and Wall Street parasites. They are out to steal and kill you. That’s their real ecologic plan. Nothing else.

    ===========================================

    “The Federal Reserve Hates Gold and You!”
    Jay Taylor, J Taylor’s Gold, Energy & Tech Stocks Newsletter, January 24, 2010

    “Fiat Federal Reserve Notes are becoming nothing more than sewage decomposing in the vast, toxic septic tank of predatory Washington politics, epic Federal Reserve arrogance and error, blatant Wall Street fraud and outright Master Class plunder…

    …the citizens have no idea how disastrous the country’s fiscal, monetary and economic problems truly are. Nor do they perceive the rapidly increasing risk of a totalitarian nightmare descending upon the American Republic.

    …the nation’s fiscal year 2009 deficit was roughly $9 trillion, or $24.7 billion per day, as calculated by brilliant and well-respected economist John Williams…

    It is estimated that the top 1% of Americans control roughly 40% of the nation’s wealth…

    If the government decides to expropriate (steal) or commandeer (e.g., force into Treasuries) America’s private wealth in order to buy survival time, such a measure will be designed to destroy the common citizens, not the elite. Insiders will be given advance warning about any such plan, and will be able to transfer their money offshore or into financial vehicles immune from harm. Assuming that the elite moves its money to safety, there would then be $120 trillion in American debt and liabilities supported by only $32 trillion in private net worth, for a deficit of $88 trillion. In that case, each American would owe $285,714.29 to balance the country’s books…

    What these statistics mean is that it is absolutely impossible for the government to fund its debt and deficits, even if it steals all of the nation’s private wealth. Therefore, the government’s only solutions are either formal bankruptcy (outright debt repudiation and the dismantling of bankrupt government programs) or unprecedented American monetary inflation and debt monetization. If the government chooses to inflate its way out of this fiscal catastrophe, the United States dollar will essentially become worthless. You can be absolutely certain that a PhD. in economics, such as Dr. Bernanke, is well aware of these realities…

    The people no longer have elected representatives; they have elected traitors.

    The enslavement of the American people has been orchestrated by a pernicious Master Class that has taken the United States by the throat. This Master Class is now choking the nation to death as it accelerates its master plan to plunder the people’s dwindling remaining assets. The Master Class comprises politicians, the Wall Street money elite, the Federal Reserve, high-end government (including military) officials, government lobbyists and their paymasters, military suppliers and media oligarchs. The interests and mindset of the Master Class are so totally divorced from those of the average American citizen that it is utterly tone deaf and blind to the justifiable rage sweeping the nation…

    America’s public finances are now so completely dysfunctional and chaotic that something far worse than debt enslavement and monetary implosion, terrible curses unto themselves, looms on the horizon: namely, a Master Class-sponsored American dictatorship…”

  92. true libertarians (Lord Acton) are TOTALLY Centrist….nothing is more Centrist than SOCIETY…. Society is the politics(discussion) of gender & generations…conflict recognized, reconciled and resolved by acceptance…not indifference but the Manner. Manner is acceptance enabling ENDURANCE & Civilized Survival. Survival is acceptance of the Mystery….a very Healthy Sensuality & Spirit(purpose).

    It is the STATE that is radical; existing only on the fringe of REALITY…disturbed, dis-settled, disordered, deformed , de-natured: now, completely DISORDERED…..first, sadistic: then masochistic: NOW: SUICIDAL…the Nation-STATE has defaulted on its FICTION. It is currently experiencing the Death-Throes of its DISSOLUTION.

    We are heading back to Society…. like it or NOT.

  93. Summers line ‘Statistical Recovery and Human Recession’

    Lets give him ‘A golden handshake in the form of a dumster diving carreer’

    http://tinyurl.com/ycpwe7m

  94. @adamC

    What do you make of that? Isn’t that interesting?

    Now, they’re coming right out with it saying….well, I know we’ve been telling you that you’re all conspiracy theorists, but now we’re telling you there really is something going on but it’s for your own good and they aren’t so bad after all…..”

  95. Balthasar Lohenberg

    Hi Max Hi Stacy,

    great show, but there is one thing that really hurt my ears.
    Max always quotes the sorcerer apprentice in the fake copyright cartel version doesn’t he know that the sorcerer apprentice is a poem Johann Wolfgang von Goethe wrote in 1797. Disney just stole the story and made it into a stupid Micky Mouse cartoon.

    By the way Goethe knew a lot about the monetary system and about credit creation thats why a lot of his work has hints about financial issues. There is a book by Hans Christoph Binswanger called “Geld und Magie” (Money and Magic ) analyzing Goethe’s work from a financial point of view.
    Binswanger by the way was the professor of German Chief Financial Terrorist Josef Ackermann CEO of Deutsche Bank.
    So you were spot on interpreting the sorcerer apprentice in a financial way but please since this is one of your favorite metaphors and I heard you say its from Disney over and over again, please quote the original at least once.

    Thanks a lot your Bong smoking

    Balthasar

  96. Alex with Bob Chapman Jan 29th – MP3

    http://www.mediafire.com/?njnmetznzzz

  97. The USA seems to be quite bullish with China since they invaded Haiti. Prior to that they were running scared. Coincidence?

  98. Reality to share with the “We’re in a recovery” people.

    http://forum.bodybuilding.com/showpost.php?p=301507351&postcount=1620

  99. Jim Cramer gives his opinion about Goldman Sachs, AIG, Tim Geithner, Bavarian Illuminati, The Trilateral Commission and the Queen of England. recorded on January 28th 2010
    http://www.youtube.com/watch?v=6TzSqWWOBaY

  100. Shocking, really, how they can prop the dollar up for at least one more round of sucker-punch. If you really want to get into gold, this is not the worst time to be thinking so.

  101. Ever since I read Thierry Meyssan’s “The Big Lie,” I seem to be obsessed with the future plight of France. Moreover, he spells out how/why the decadence of the Clinton-era exploits is playing out in the EU and abroad. Sorry, I can’t seem to shake my own sense of ‘anglo-exceptionalism,’ it’s just that I was raised to believe I had a country worth fighting for.

    When was the last time you heard of any American politician (and this probably applies in Brittin as well,) say (in any believable way) that they model their belief in government on some great historical figure(s)? Certainly no such utterance has or will come from Obama, as he reads from the teleprompter. -Whatever! Radical ‘anti-war!’ change, and especially re-tooling for industrial output, these are the only two things that could remotely help resuscitate our [three] country’s economies.

    ALSO,- Just as ‘warming’ is dead, it’s about time we put the kabosh on all these ‘privatization’ schemes.

  102. Ben Laden says buy carbon credit contracts. Is Al Gore a terrorist ? I always knew it. Sell the dollar but pay your seignorage fees to Al Gore’s and Goldman Sachs carbon credit trading firm.

  103. @Mep
    How a about a real good financial firing squad ? What’s with this Volker bullshi anyways ? What’s so genius about raising rates at 26% and crashing the system ? The truth is that the best mecanism to control anglo-saxon finance bastards is good old competition. We need a new reserve currency. And NO. It’s not the euro. We need a new cold wat against the USA and Britain. They could start by bombing Cayman Islands.

  104. God, these labels.

    Libertarian, right wing, left wing……Democrat, Republican, socialist, populist

    I’ve listened to Ron Paul a lot. While I don’t agree with him fully, he is a hell of a lot more in keeping with what is right for the American people and the United States and for people around the world than anybody else that I’ve listened to. I guess I’m a Libertarian. I’ve always voted as an independent and will remain so

  105. Paul Volcker NYTimes op-ed: How to Reform our Financial System.

    @ Mishopshno – Heard today on the tube that China is very upset about our recent arms deal w/ Taiwan. Will be interesting to see how that plays out.

  106. That’s Taiwan.

  107. Any thoughts about China pulling off a little market crash until Obama gets a little smarter about Twaiwan being the pound of flesh to be extracted?

  108. Of course libertarians are right wing. If they weren’t they’d just be anarchists.

  109. Like I was saying Ben Laden is Al Gore’s business associate.

  110. Breaking news ! Paulson is blaming God for all the mess.

  111. @MA. wake up. these were thank you notes to china. peak pony. pony up.

  112. @PARIS: (de Villepin, et all.)

    ..Does this mean we get to burn our Carla Bruni albums?

  113. In the first place Russia and China with all their needs to develop their own economy, had no business buying Fanie Mae and Freddie Mac bonds.

  114. you guys really should treat yourselves to TheBand Rockinchair. :-)

  115. Re: Bin Laden tape — I like how they worked “global warming” into the latest fake tape…

    Still waiting for Max & Stacy to actually talk about this issue in any depth. Maybe they’re worried what Alec Baldwin would think…?

  116. http://www.youtube.com/watch?v=UnychOXj9Tg

    Benazi Bhutto, during a David Frost interview, alleged Bin Laden had been killed and by who. Shortly afterward she was assassinated. Who knows what info about Bin Laden is true / false? However, like JFK, RFK and MLK Bhutto was a force for peace and therefore had to be eliminated. Score another one for the MIC.

  117. Dear Max,

    I really had no idea how hysterical you were, chock full of humor as well as insight into the machinations of bankers and big biz.

    It would be great if using orrbit downloader i could right click on the page and download all the mp3 files in a queue instead of opening each tab and downloading each show one at a time

    remember the easier you make it to do this the faster you become more famous!!!

  118. Greepeace ? They are working for Goldman Sachs. Back to the reeducation camp. Have you bought your credit carbon contracts to Al Gore ? The next war is the way on the extermination of the middle class. Destroy and rape the middle class. Like that FOX news and Joseph Goebbels Rupert Murdoch will be able to establish his 1000 year 4th Reich. Global warming is a racket like the US dolla, a new of seignorage in sum.

  119. The Underfundedmentalist

    @photo greenspan’s believe system collapses on live tv!
    The law requires that corporations do everything in their power to be profitable, enronicly this is to AVOID pozi schemes. So greenspan’s ‘shock’ that banks would choose profits over altruism, not only has no legal basis, but in fact is anti-capitalist at it’s core. I don’t buy his faux epiphany for a moment.

  120. @Mep

    One thing about the buildup to Gulf War II that is interesting has to do with the helicopters used by the UN weapons inspection teams. One or two helicopters were from the Russians. The rest were leased from and operated by contractors from a Canadian company and a company from the UK. The Bush regime was pushing and pushing to go to war but could not get the agreement of other UN member nations while the inspections continued and the inspectors were reporting no real problems and a desire to press on. Everything hung on the inspections. Then one day the helicopter companies pulled out, citing communication from their insurer that if anything happened, it may be construed an act of war and would not be a covered peril. Without the helicopters, the inspectors were ordered to wipe their computer disks and evacuate to the base on Cyprus. That’s when the undeclared war started.

    The whole scenario bothered me enough that, several months later, I sat down and spent a couple of days searching on the web. One of the things I found was a link to a page authored by one of the UK pilots. He and his father before him were long-term employees of that helicopter company. His page was an informal company history. In an entry, he chronicled his experience of the pull back to Cyprus. In a later entry, he wrote about his personal sense of pride experienced on subsequent missions and respect for the military when he flew them back in. Since then, the company has changed hands. I haven’t located the pilot’s entries after that.

    Let’s think this through. Helicopter services get a lot of their business flying oil company employees and supplies to and from offshore oil rigs. Some of these oil rigs are not surrounded by friends (like on the Nigerian delta), but they are not insured for acts that involve weapons? How was it that one of the exact same helicopters with its exact same pilot was able to fly missions into Iraq after the Marines landed?

    I read the inspection reports while they were still available on the UN’s website. The inspections were getting easier and the cooperation was getting better and better.

    AIG was the largest insurer in the world for helicopter services. I don’t know if AIG was the insurer involved.

    I had a hard drive crash since and lost my links. Thought I’d pass along what I could remember because this aspect seems to have been skipped over.

  121. Don’t joke too much Max. You, Jim Rogers, Marc Faber, Alex Jones, Peter Schiff, Ron Paul are probably on a hit list. It’s just a warning like. Ben Laden is also an Al Gore supporter. He has a big position in credit carbon contracts too.

  122. What????? You consider libertarians right-wing? You consider Glenn Beck a libertarion? WTF!!!!! How can you speak so much shit!

  123. United Fruits of America is the model my man. Just you wait we open the FEMA concentration camps for you all. We start we the naked body scanners because we love first trainining you being cattle. Ben Laden is Ben Lazard. No it’s not Ben Laden that is dead it’s the American paople that is brain dead. Check the encephalogramme recently. Completely flat flat.

    About the dollar. It’s an indication that if you abandon the dollar, you will now be put in the same category as A-Mossad and Al-CIA-aida terrorist. I am surprised O-bey-mama hasn’t started putting in prison Americans buying gold. Next step.

  124. @ Tony – What in the world is pseudo hipster bias?! And how is it manifested?

  125. Dollar carry trade is a “massive issue today”; Chinese central banker Zhu Min warns of new Asian crisis – 27 January 2010 (Telegraph.UK – AFP) http://tinyurl.com/ygdepsx

    @Mike/Liverpool – Nice link!

    FSA’s Lord Turner signals crackdown on carry trade http://tinyurl.com/yfgpv5k

  126. Overall, a good show, but Stacy’s annoying psuedo-hipster bias is back on full display.

  127. @Mep, Max etc

    LINK

    Mark your calendars… is Sept 19th “Max Keiser Day”? …Celebrate the breakout in Google Search requests for “max keiser” on 19-Sept 2008…

  128. Oops, I was tricked by the labeling on Ratigan’s videos.

    I meant to link to this one in which he mentions Paulson and the China/Russia story.

  129. @ Tofu – LOL! That IS pretty impressive!! I gotcha:

    Go, Max & Stacy!

  130. @Mr Keiser — you did this??

    http://www.google.com/insights/search/#q=“financial terrorism”%2C%2C&date=1%2F2008 12m&cmpt=q

    Impressive. Now please repeat with “casino gulag” :-)

  131. Re: the corporate media, the whole Iran story is one that pisses me off the most. It’s absolutely disgusting that nobody in the media is bothering to do their homework on the NPT or anything else. Most of the talking heads have admitted the media’s failure in the run-up to the Iraq war/massacre, but they’re perfectly happy to repeat their incompetence where Iran is concerned.

  132. I was surprised that Dylan Ratigan wasn’t more critical of the China/Russia claim by Paulson; he did do a great job of taking on “the TARP lie,” but didn’t go into the Paulson claims as much as I’d expect him to:

    http://www.msnbc.msn.com/id/31510813/#35150009

  133. I added that Helen Thomas press conference in a video I made about the underwear bomber. Check it out y’all.

  134. And…

    @ Max and Stacy

    I’m having a difficult time trying to understand the repeated references to libertarians. Did you mean “nationalists” or militia types, or did you mean libertarians such as Ron Paul and myself.

    Dr. Paul and I both want the securities laws to be enforced. There should be investigations and prosecutions for the blatant fraud. Otherwise, we want to be left alone to direct our own lives in responsible manners. That’s all.

  135. @td9d

    What? Did you suggest that Peter Schiff is a panderer? Here’s his 2006 speech to the mortgage bankers in which he made himself rather unpopular for by explaining to them why they were headed for a fall and furthermore informed them that he was holding CDS against some of those RMBS.

    http://www.youtube.com/watch?v=jj8rMwdQf6k

    The bedside manner is not too smooth, but there are plenty around trying to boost confidence where none is due.

  136. do you guys record in an underground bunker or something?

  137. This was a great show. Regarding the ‘new’ financial terrorists, it wouldn’t work in America. Fox News wont push a pro dollar agenda while Obama and the Democrats have power.

    And I am a Peter Schiff fan as well as Rodgers and Faber, and don’t see the Independents or the Republicans viewing them as financial terrorists. The CNBC crowd is pro govt which at the time is Democrat and Obama. Schiff and the others are just saying what the tea baggers want to hear. Obama calling them out as financial terrorists would make them bigger stars.

  138. Hank Paulson
    What a false son
    What a head of meat
    He’s so full of sheet
    He talks like a freak
    He’s got a big beak
    I’m tired of his ways
    He’s probably gays
    One day a great rain will come
    And the first to get washed away
    Will be people like Paulson

  139. not competitors in any stretch of the imagination; none of the banks on wall street compete with each other; they’re all working together to fix prices and manipulate markets; the shadow banking system seems to work like presidential primaries.

  140. yo Bonn. your flying tonight. :-)

  141. carpet muncher. haha what a nut.

  142. Ooops 14 B
    Before the nuke war

  143. @ Maxy
    When ya gonna use bastard
    Or ya gonna hide behind ta pea
    The mass of earth is 14 billion peeps
    Grrrr geting more angry now

  144. We buy out right
    Maxy

  145. Didja guys see Green ;-/
    Me off to poker
    Hic

    @ maxy
    What is the diff b/w commodity gold n oohh follow me links
    me off to poker
    Hic ;-)

  146. @ California Doctor – You should listen to Bernie more often. The most ironic thing about him is that his policy ideas are actually the best ideas for resurrecting capitalism. In a way, I guess that would be expected from a socialist, since socialists usually are better at understanding the contradictions that exist within capitalism than anyone else.

  147. Max where’s the put options UA
    Bin laden is ded
    I was in Doha in 2007

  148. Doesnt Tony blaire look like Timmy the Ginee

  149. And its Saturday night
    Where is Max takin ya in Pareeeeeeeeee
    Hic ;-) 4:45 hrs behind me
    Must be 8:45
    Hic ;-)

  150. @ Stacey
    Who is Mani Mann
    Te Isle of Mann
    By the way she makes womens clothing
    She set up lotta houses
    When they were’nt big
    She probably supplys D&G
    Dunno
    she me grandmums sis

  151. California Doctor

    C-SPAN now broadcasting Senator Bernie Sanders speech opposed to the Bernanke 2nd term appointment… great speech. I never thought I would agree with a socialist, but this guy unloaded more stuff in 5 minutes, than 5 years of the Bush Admin

  152. @ stacey
    12 :00 here
    but now me getting pissed off after seeing one stupid History channel nonsense
    Can hook ya guys up in Delhi wit me Aunt
    But its gonna take a herculian task now

  153. @Bonn – isn’t it bed time for you?

  154. @ Maxy boy
    Where is your 9/11 Put options exposey
    I am shit as pissed now
    Of the garbage put out by MSM
    And I’m freakin the great great great Grandson of the 1st defence minister of India