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

January 30th, 2010 by stacyherbert

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

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167 responses so far ↓

  • 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.

  • 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

  • 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/

  • @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.

  • 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-

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

    great show

  • @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.”

  • 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

  • “”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

  • @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.

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

  • 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.

  • @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.

  • 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.

  • 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!

  • 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.