This segment of our society who fear oneworld
government and a UN invasion of the United States
through which our individual freedom would be stripped
away would actively work to defeat any elected official who
joined ‘the conspiracy by undertaking LA21. http://www.unedforum.org/publications/millennium/mill%20paper2.pdf
Can anybody explain gold? I’m curious what the specific reasons could be for this move..
I think an important concept to use is ‘investment vehicle’. WHat can work as a plausible motive for investment. It needs to have future revenues that warrant the loan and interest carrying capacity. Some things are wise investments, others are simple vehicles for the investment scam.
British Anarchists Hard at Work on the David Cameron Billboard Campaign:
“We will no longer serve as your slaves and will not tolerate our streets being littered with your filthy lies. It is time for the radical tradition of Levelling to return to these shores and remove the parasitic scum that is the ruling class.
James Wolfensohn, former president of The World Bank and CEO of Wolfensohn and Co., addressed Stanford Graduate School of Business students with details about his work at the World Bank during its transition years and how the equation between developed and developing countries is changing. Wolfensohn claimed that in the next 40 years, a global power shift will see today’s leading economic countries drop from having 80% of the world’s income to 35%.
Hey have an idea for all you CO2 obsessed. Maybe we could exterminate 90% of the population and return to the middle ages or the roman times ? I am sure the crackpots at the Nasa and the IPCC would find quite cool to return to the roman circus and slavery. New discovery. Ous warmers just discovered this week that bigger presence of vapor water in the atmosphere is causing the unpredicted cooling the last year. Yeap. Maybe we should abolish the clouds to.
Copper market is not ser for a “catastrophe” As ALL metals mines are NOT opening. And the popultaion and industrialization increasing. Naturally the game plan is indeed eventually exterminating 90%, EVEN gold in that case is about to crash.
Sweet dreams Joseph Staline. Selling gold to buy meat ? Trying to make ends meat. Indeed. Specially Obanana paradise.
Have to pay God’s envoy fee to the neo-nazi Lloyd Blankfien the Elloim. Your neo-nazi Overlords frorm the City and New-York are about to kill the internet. Have you read ? You will soon have to pass an exam to get a “driving” permit on the internet. Enjoy liberty while it last. Soon even your organs won’t be your property. I am dreamin of China.
“Education is ignorance.” I like dumb people. Makes me feel like a godamn genius and God’s envoy.
“The blow by European governments has been even more candid. According to Bloomberg, at a meeting of European Union foreign ministers in Brussels on November 17th, the Europeans announced that they want “strict conditionality on the next instalment of IMF loans to Ukraine.” The IMF decided earlier this month, seemingly under EU pressure, to delay disbursement of the next $3.4 billion portion of the loan after the Ukrainian government failed to rein in social spending. The long shadow of the EU ministers, and their influence exercised via the IMF, will hit pensioners hard, as well as other sectors of the population heavily reliant on social protection schemes.
During initial negotiations of this loan, and in light of the social unrest unleashed by announced social spending cuts, the Ukrainian government sought advice by the International Labour Organisation (ILO) in a desperate attempt to outweigh the IMF’s pressure to cut social protection spending. This makes me wonder to what extent the IMF lending programmes “allow for negotiations” as the GAO report said. The ILO came into the negotiations bringing alternatives to the IMF’s orthodoxy in fiscal austerity and spending cuts: it actually proposed to change the tax system to increase government revenues through more progressive arrangements (actually reversing the flat tax that had been introduced as the fiscal panacea in many Eastern European countries some years ago).”
I dunno evenn if they shut down the NET
What are they gonna achieve by that ???
Finally they gotta come out And Say
Yeah I am Your King and you are my Slave
Lunatics
Hic
No Bonn. They will find a “terrorist” like they invented wiht the nigerian clown in Detroit. USA is effectively a FASCIST state. They will soon be killing the internet and freedoom of speech. I am surprised that they haven’t killed Ron Paul yet. Later.
@ Bonn – Once again, Infowars discredits itself. At least it’s up front about it and does it in the first paragraph. Calls to introduce a licensing system to police the Internet on behalf of a powerful UN agency represent the latest salvo in a long-running battle to kill free speech on the web and bring an end to the powerful digital democracy that has devastated the carbon tax agenda of the UN by exposing the Climategate scandal.
That, in a nutshell, is what drives me nuts about Alex Jones, himself. He’ll take some information that is relevant to the subject at hand (in the case of the article you linked to: the claims being made by corporate interests about the need to have licensed users of the Internet) and then mix in a bunch of crazy stuff about the UN, nefarious plots (e.g. “climategate”), paranoid fantasies, and truth stretching.
Truth stretching like:
Climategate is a perfect example of the power of the digital democracy that authoritarian enemies of free speech want to crush. The Copenhagen global warming conference was completely devastated by the Climategate revelations which appeared just days before elitists convened to ram through their CO2 scam. As a result of bloggers feverishly pursuing the Climategate story, the entire foundation of the UN’s IPCC has been totally eviscerated and the global warming hoax is on its last legs.
Notice, btw, how interested Infowars was in the actual climate conference. They paid ZERO attention to the attempted behind-the-scenes deal-making, to activists and NGOs being kicked out of the conference center, to the debates taking place within the conference center, to the embarrassment of the US setting different standards of emissions cuts for itself, etc. etc. etc.
(I really do wonder if AJ the Texan has some oil interests of his own.)
Don’t forget. The China model fot the internet. Not just for the internet. They are dreaming of implementing all aspects of Communist China. Naturally you must implement the measures like they incrementally. You start with the Al-CIA-aide clowns or a good virus or ecologic scare to say. Sorry. Your way of living is too costly. How a about returning to the plantation boy and serfdom ? But first you must implement the “security” grid. Body scanners everywhere, data galore on everything you do, everything you think and everything you write. After that you go for the kill. Always for the same reason. You are a potential terrorist. END THE FED ? Terrorist ! Sick of the stealing and raping at the Pentagon ? Terrorist ! Sick of Lloyd Blankfien and his pludering ? Terrorist ! Tired of your rights being violated ? Terrorist ! Criticize Obanana and Brownshrit Brownie ? Terrorist ! Denounce intoxication by Monsanto ? Terrorist ! Refuse to believe the bullshit by the vaccines makers ? Terrorist ! Want to eat good food ? Terrorist ! Want to have a good paying job and an a union ? Terrorist ! Reading too much books with “subversive” ideas talking about social justice % Terrorist ! Thinkin aloud by yourself ? Terrorist ! Making jokes about 911 and politicians ? Terrorist !
Anyways you get the idea. For the moment they the nazis from the Pentagon and the CIA are putting up the infrastructure. Still a lot of work to do bbfore the concentration is seal tight. Expect to eventual disarming of all Americans. It’s a still indeed a big roadblock. But wiht the naked body scanners everywhere, it will be from now on much more easier. Not just at the airport. Israel is selling its know how with Palestinian concentration camps. Oh pardon me. They don’t such a word. They call it refugees camps. Refugees in your own country.
@ Mep
Remember the Day I couldnt hook on to Maxkeiser dot com
But @ the sametime I could send Stacey a Mail from my Google account
I dunno If its IP Ver 6 being tested or it was a Beta test of Copyright Infringement shit
And Trust me By all odds they’ll probably already have the Technology
Howmany Co make Routers ????
4 or 5 maybe
How much are these Companys worth ???
150 Billion dollars combined
100 billion to upgrade all routers world wide ????
Hic
It can very easily and swiftly be implemented
IMO
@ Mep
But give him credit dude
He gives Info on lotta fields
Just walk down to a cafe you dont frequent
Start a conversation with anyone
Y’all see he would’nt know even 10 % of what ya know
Hic
@ Bonn – I do remember, and I don’t doubt at all that some of our leaders intend to crack down on the Internet. I don’t see how they could pull it off in the US without first easing the public into it by creating a tiered Internet and then slowly cracking down like they did with the Patriot Act.
I do wonder if there are cyber attacks being launched that are making the financial terrorists and governments uneasy. Bank of America was having trouble with its site lately, and some were speculating that it was an attack.
@ Mep
They’ll do it incrementally
maybe Net banking will be attacked for 4 or 5 days
Thats as good as calling it a Bank Holyday
maybe at the begining of the month.
-> Covertly cause the problem
-> Public Outcry
-> Solution Ready Packed Sealed ready to Implement.
Problem ->Reaction ->Solution
Hic
@Mep
Exactly. Gradualism and conditionning. You restrict liberty slowly. Bit by bilt. And one day you wake up, and they say to you.Shut the f–k up or we will kill you, you enemy of the State, or will send you in a psychiatric hospital, Your scenario Mep is quite what I expect. And they have the model; CHINA.
$2.8 Trillion and $1.9 Trillion of MBS guaranteed portfolios at Fannie and Freddie, and an additional $782 billion and $809 billion in company debt outstanding for the two GSEs, respectively. This amounts to a total of $6.3 trillion in liabilities
(These are off budget items and not included in the budget deficit but will be funded by selling Treasuries to Ben Bernanke.)
And thank God the most brilliant Programmers are on our side GNU, Redhat dudes and the likes
They’ll run freakin circles around anything these Lunatics can Dish out
They freakin Inveted most of ta shit
ROFL
Hic
Interesting talk given by James Wolfensohn at Stanford, posted by Alister,..
He suggests to the students, the expedience of learning the “Chinese way”
Who was it who stated, that China would be the model for the world?, hmm,.it’s all fitting together
noble effort but ultimately pointless. The Brit establishment would never turn in one of their own. And how many bodyguards does the prick have I wonder?
wow
Feb. 2 (Bloomberg) — German Finance Minister Wolfgang Schaeuble said in a newspaper interview that Germany will buy stolen information on Swiss bank accounts, backed by a poll showing majority support among voters if it helps tackle tax evasion.
@BondiBhoy: at least stand around with a sign saying:
I WOULD LIKE TO
MAKE A CITIZEN’S
ARREST OF BLAIR
If multiple people do so, then we can consider what the legality of ‘body guards’ etc is and police officers refusing to help knowing what went on.
It could be like an oil spill getting bigger and bigger.
“The deficit has funded expensive wars and efforts to rescue the economy”,..
(From Youri’s link).
Strange how only a selected few seem to profit from war and bank bailouts, while the populace get lumbered with the expenses,.pretty good racket if you can get it!
In the previous talk by ex world banker, one of the students asked how the corrupt Governments of the world would be managed,.Wolfensohns reply was,.well it’s a problem that has to be addressed.
How naive are the students?, and how brazen our “leaders”
Refer to traits of a psychopath!
@SG: bomb Iran?
Perhaps the Nobel peace prize winner will do it and make himself completely unbelievable. Let him explain the NPT first and explain what Iran did wrong, what Israel did wrong.
@SG:
‘Mr. Obama, what do you think about someone performing a citizen’s arrest of Tony Blair?’
‘Mr. Obama, what do you think about someone performing a citizen’s arrest of George Bush?’
‘Mr. Obama, what do you think about someone performing a citizen’s arrest of yourself?’
Blair is being used to forward the jurisdiction of the ICC: a body of law which derives authority from what Trichet describes as ‘new body of law’: the EU precident.
All law derives impetus from authority. If we permit the EU jurisdiction over international law issues, we sell ourselves to the international bankers standing in for the uber-elite criminals. UK is not subject to the Lisbon Treaty.
The reason I questioned the appearance of Admiraltry courts in the US after the constitution is that the Admiralty derives authority from the sovereign. The US willingly submitted to the Queen’s sovereign rule over commerce.
The same rule is being applied with the ICC: a body with Napoleonic aspirations. The authority is from the EU: it is acting as sovereign without ‘divine right’. It is now set to overstep its bounds of jurisdiction through hegemony.
One cannot separate the ICC from the EU from the IMF/BIS. The systems are inextricably entwined: the corruption runs deep. The system seeks to bring all breathing humans under its power through deceit.
There is now limit to the power this system seeks to as operative.
Did I just hear that correctly, Lil Timmy?
You want to give small businesses a Tax-credit?
and give another $30Billion to your bankster buddies WITH NO STRINGS?!?!?!
UN-FRICKEN-BELIEVABLE!!!
And timmy WAFFLES AWAY UNDER QUESTIONING ONCE MORE!!!!
What a scumbag…
nay, he’s the TAINT of a SCUMBAG!!!
And people that ‘spend time in their communities’ are really soon to be following orders from the centralized-global human-decifer apparatus: UNESCO. The Millenium Goals are global: there is no opt-out.
We fight them or we obey.
Obama’s ‘budget’ includes a retooling of No Child Left Behind: the open arms fund for Bill Gate’s oligarchal rule over what it taught in US schools; how it is taught; where it is taught; and including data systems to track children into the jobs the state desires according to their applitudes. The rulebook out of the UN; written by the uber-elite.
Note that ‘some people’ on this site blatantly attach my posts: why? Are they trying to defer the real understanding away from the power structure that supports the future genocides?
Lil Timmy should watch this video
about the Austrian Theory of the Trade Cycle http://www.youtube.com/user/misesmedia#p/u/38/zhoFOyy7rbo
Hayek Triangles…
Savings lowers interest rates, but INCREASES investment, which in turn augments GROWTH at a faster rate…
The disequilibrium created by throwing money at banksters is clearly explained on the vid…
off topic
just wondering …
who has the most to loose in the event of a crash/panic vs an attempt to control/manage the crisis ?
for the puppet masters to not use the speed and efficiency of a crash/panic vs an attempt to control the crisis, stepping us towards a new world view … is their inability to use a crash reflective of their overall strength ? Where in a crash/panic the risks are best for the people of cutting the strings of control …
and while we are threatened by everyone that a crash is the risk we take by not accepting the change we are being forced to accept. Do the puppet masters also fear a crash/panic as they risk loosing their level of control …as anything is possible as a consequence of a crash/panic.
“And just like any investment, there are risks—such as graduating into a deep economic downturn. That’s what happened to Kelly Dunleavy, who graduated in 2007 from the University of California, Berkeley, with $60,000 in loans. She now works as a reporter for a small newspaper in the Bay Area and earns $34,000 a year. ”
The US economy hasn’t created a single job since 2007, meanwhile hundreds of thousands of kids have since graduated. You can’t get a job that doesn’t exist. Now the kids are going back to school, thinking it will be better in a few years. It won’t.
@ Dr. Copper:
“What we have now is we have a unique situation, whereby we have a surplus and production has gone up and consumption has gone down,” he said.
Like I’ve said here before, increasing production will cause a depression. There is no fricken liquidity in the economy. Imagine if your car ran out of engine oil and you pissed in the oil tank, thats my analogy. We have no money and too many goods, not too much money chasing too few goods.
Debt: What Is and What Should Never Be
(take out the spaces after www. ) http://www.s c h w a b.com/public/schwab/research_strategies/market_insight/todays_market/sonders/sonders_020110.html
Here’s short audio … good listen :
(take out the spaces after www. ) http://www.s c h w a b c o n t e n t.com/straight_talk/audio/snd_sonders020110.mp3
This was a market created for our benefit. A full-on mania seeing idiot hedge funds storing Uranium Oxide in barrels in warehouses completely ignorant of the fuel cycle. When it finally crashed, and it crashed badly, and is in on-going deflation, people fully expected uranium prices to recover. This is no different than the oil market corner which recently blew out completely. (copper, nickel, antimony, wheat, etc, etc, etc…)
The purpose of the uranium mania, which has now completely blown out, was to refit deteriorating thermonuclear weapons. No uranium ever mined was ever mined solely for peaceful purposes, it has a weapons cycle as well.
There is no ‘uranium stampede.’ It is a TOTAL FICTION. (there WAS a stampede – its over now)
Note that mining companies with Lithium deposits are getting a fair bit of attention as well. We are in the thermonuclear age, and a thermonuclear arms race requires not only enriched Uranium, but also Lithium-6, which only has application in thermonuclear weapons, a by-product of the refinement of lithium salts. Lithium-6 is the required fuel to create tritium. Tritium decays very quickly, so it is ineffective as a thermonuclear fuel unless it comes from Lithium-6.
With the onset of ‘the war on terror’ we saw sudden, huge interest in nuclear energy, touted as a green energy. Nothing could be further from the truth.
Only 0.17% of all uranium mined becomes enriched for use in plants. THE REST – THE GREAT BULK OF URANIUM IS THEN DISCARDED AS URANIUM HEXAFLOURIDE IN GAS CANNISTERS. THIS IS NOT A GREEN FUEL CYCLE IN THE LEAST.
A market for Uranium is ‘required’ when you need to replace all of your aging thermonuclear weapons, because in order to make fuel for your weapons fleet renewal, you need ready access to enriched uranium to make plutonium.
Plutonium is highly unstable, highly radioactive and deteriorates the casing of the very weapons that carry a small handful of it as a trigger for a thermonuclear fusion explosion.
As long as you’re a total ignoramus about the so-called green benefits of uranium, and swallow some misguided notion about how useful it all is, then think again. Think hard. Take exlax. And above all, you need a bath and to stop smoking pot.
We are headlong down the road of a great arms race and retrofitting your thermonuclear weapons are just part of the ad-hoc plan.
My apologies if this explanation is not according to your expectations.
“The Vienna-based IAEA is promoting uranium exploration from China to the Democratic Republic of Congo as governments seek to generate power without adding to greenhouse gases, blamed for global warming. About 400 businesses have been set up to seek deposits since 2004, said Ganguly, a metallurgical engineer and former Chief Executive Officer of India’s Nuclear Fuel Complex.
“In the last four to five years, exploration has mushroomed all over the world,” he said. “There’s an acute shortage of uranium geologists and uranium mining engineers. Our focus is to train up these youngsters in uranium geology.”
Desperate Search
In China, “they are desperately trying to find new uranium reserves,” he said. “On the border of Kazakhstan and Mongolia there are some deposits. The grade is very, very low. At least they have identified some low-grade uranium.”
The IAEA, which together with the Paris-based Nuclear Energy Agency publishes the bi-annual Uranium: Resources, Production and Demand guide, may boost the estimated level of known reserves when they compile new figures this year.”
The mania in uranium has totally blown out. This was in June, 2007. The peak of the BKX was in February, 2007. The peak of the oil futures contract market corner was in July, 2008.
The bulk (96%) of the byproduct from enrichment is depleted uranium (DU), which can be used for armor, kinetic energy penetrators, radiation shielding and ballast. Still, there are vast quantities of depleted uranium in storage. The United States Department of Energy alone has 470,000 tonnes.[10] About 95% of depleted uranium is stored as uranium hexafluoride (UF6).
So if UF6 is required for enrichment, then there is no need to mine it, hence the Jim Dines Uranium Bubble… at least not in the short term… Just work off the reserves (unless the stored UF6 can’t be used for some reason???)
http://en.wikipedia.org/wiki/Isotope_separation
This talks about the use of Lithium-6 in Weapons manufacture (albeit briefly)
Lithium has far more uses, though, so I don’t believe the recent mania over Li has much to do with that…
@Guiseppi:
The exploration and development most likely is meant to colonize the African continent for the next century: these guys plan ahead. The carbon regulations and the depressed opportunities for energy viability from other sources (due to political regulations of the nuclear five) most likely will feed into a European based energy resource monopoly of control.
Looking ahead in terms of a differential in the currency: those with pegs to sdr will survive the volitility intact. I’m not sure how this will play out: no one will know until the sdr is reweighted this year.
The idea is to bankrupt, regulate, obfuscate, steal, and then control.
Areva is 85% owned by the French government. It operates within the US.
Don’t look now, but…and correct me if wrong….melt gold sold as such “counts” in the City of London spot price fix everyday, no? Don’t these sales of “junk” gold after melting contribute (some) to the suppression of prices; since melt gold may be valued at an average purity, say 18kt. by the time you average the contents and alloys? Refined gold will be truly 24kt and should be the only transaction counted by CoL.
@for all of those pounding the table on Uranium and its uses
Its a pretty bad fissile material, unless you have a weapons cycle. Because the way you refine Uranium is to produce Uranium salts, or UF6 (really a gas) and throw it in a centrifuge. The only usable portion is the enriched portion, which is 0.17% of the mined material which occurs naturally.
THE REST IS WASTE
And if you don’t believe me that Lithium-6, (an isotope of Lithium that occurs naturally and forms a small portion of all natural Lithium deposits,) -that its not actually used in thermonuclear weapons, then I would advise you to do some very, very serious reading on that very subject!
I SAY AGAIN. THE URANIUM MARKET HAS CRASHED – THE BUBBLE HAS BURST – BUT NOT THE Ux SWU market, which has remained steady.
So my suggestion is not to be an igonoramus when you hear that hybrid cars are to be powered by lithium cells, when they actually burn just as much gas as before, and at the same time, there is a wondrous bull market in Lithium exploration juniors.
“LONDON — The British government unveiled plans Monday to launch one of the world’s most ambitious expansions of nuclear-power capacity, calling for the construction of 10 plants to help meet surging energy demands in the era of global warming.
After years of resistance to construction of nuclear-power plants, the British plan underscored how nations around the world are scrambling to find ways to generate more energy while slashing the emissions that cause climate change. To do that, nations including the United States are considering more reliance on nuclear power, which, while generating radioactive waste, produces almost no carbon emissions.
To keep the lights on in Britain while meeting strict goals to slash emissions, the government of Prime Minister Gordon Brown identified 10 sites in England and Wales for new nuclear plants, with the first expected to come online by 2018. Many of the plants are envisioned to replace aging plants that are set to be decommissioned in coming years and are a vestige of a period of accelerated nuclear construction from the 1950s to 1980s.”
“Nuclear power will play an increasingly important role in China’s energy policy as the world’s most populous nation seeks to improve its energy efficiency, said the country’s EU Ambassador Zhe Song in a detailed and wide-ranging interview with EurActiv.
Chinese EU Ambassador Zhe Song heads his country’s mission to the European Union in Brussels.”
“President Obama, who called for a “new generation” of nuclear power plants in his State of the Union address Wednesday, is quickly moving forward. He created a panel Friday to recommend ways to dispose of used nuclear fuel and is expected Monday to propose tripling loan guarantees for new plant construction.”
@Fransix:
Uranium of course is impractical: but it is the basis of the nuclear five advantage in driving and controlling energy resource monopoly according to the five’s privileged position based on the NPT treaty.
20 reasons Global Debt Time Bomb explodes soon
Commentary: Which trigger will ignite the Great Depression II?
By Paul B. Farrell, MarketWatch.com
20 economic weapons of mass destruction triggering ticking Global Debt Time Bomb
1. Federal Budget Deficit Bomb. The Bush/Cheney wars pushed America deep into a debt hole. Federal debt limit was just raised almost 100% with Obama’s 2010 budget, to $14.3 trillion vs. $7.8 trillion in 2005. The Congressional Budget Office predicts future deficits around 4% through 2020. Get it? America’s debt at 84% of GDP will soon pass that toxic 90% trigger point.
2. U.S. Foreign Trade Bomb. Monthly deficits actually dropped from $50 billion per month to roughly $35 billion. But the total continues climbing as $400 billion is added each year. Foreigners now own $2.5 trillion of America, with China holding over $1.3 trillion in Treasury debt.
3. Weakening U.S. Dollar as Foreign Reserve Currency Bomb. Fear China and other currencies will replace dollar as main foreign reserves. The dollar’s fallen: The main index measuring dollar strength has gone from 120 at the Clinton-to-Bush handoff to below 80 today.
4. Cheap Money Bomb: Credit Ratings Down, Rates Up. Economists at S&P, Fitch and Moody’s were totally co-conspirators of Fat Cat Bankers, misleading investors before meltdown: Soon, debt up, ratings down, interest rates soar.
5. Global Real Estate Bomb. Dubai Tower, new “world’s tallest building” is empty. BusinessWeek warns that China’s housing collapse could be worse than America’s. Plus the U.S. commercial real estate bubble is now $1.7 trillion, a “ticking time bomb” bloating 25% of bank balance sheets.
6. Peak Oil and the Population Bomb. China and India each need 500 new cities. The United Nations estimates world population exploding 50% from 6 billion to 9 billion by 2050: Three billion more humans demanding more automobiles, exhausting more resources to feed their version of the gas-guzzling “America Dream.”
7. Social Security Bomb. We have no choice; eventually we must either cut benefits or raise taxes. Politicians hate both, so they’ll do nothing. Delays worsen solutions. Without action, by 2035 Social Security and Medicare benefits will eat up the entire federal budget other than defense.
8. Medicare: A Nuclear Bomb. Going broke faster than Social Security. Prescription drug benefit added an unfunded $8.1 trillion. In 5 years estimates rose from about $35 trillion to over $60 trillion now.
9. Health-care Insurance Bomb. Burden increasingly shifted to employees. Costs rising faster than inflation. Recent Obamacare plan would have cost $90 billion annually, paid to Big Pharma and insurers.
10. State and Local Government Budget Bombs. Deficits of $110 billion in 2010, $178 billion in 2011on top of more than $450 billion in underfunded state and municipal employee pension funds.
11. Underfunded Corporate Pensions Bomb. From $60 billion surplus in 2007 to $409 billion deficit in 2009. And a whopping 92% of the pension plans of companies are now underfunded. Defaults are guaranteed by taxpayers.
12. Consumer Debt Bomb. Americans are still living beyond their means. Even with a downturn, consumer debt rose from about $2.3 to $2.5 trillion. Fat Cat Bankers love it – yes, love making matters worse by gouging cardholders and mortgagees, blocking help in foreclosures and bankruptcies.
13. Personal Savings Bomb. Before the 2008 meltdown savings rate dropped from about 10% in the early 1980s to below zero. Now it’s increasing, slowing retail recovery. Today, government’s the big “unsaver.”
14. War and Military Defense Deficits. Costs of Iraq and Afghanistan wars — $200+ billion annually, $3 trillion minimum, with massive long-term costs for veteran medical care, equipment renewal, recruitment.
15. Homeland Insecurity Bomb. Security at airports, seaports, borders, vulnerable chemical plants all increase budgets.
16. Fed/Treasury Bailout Bombs. Tax credits, loans, cash and purchase of toxic assets from Wall Street banks estimated at $23.7 trillion as new debt was shifted from too-big-to-fail Fat-Cat banks to taxpayers.
17. Insatiable Washington Lobbyists Bombs. Paulson, Goldman, Geithner, Morgan and Wall Street banks, through their lobbyists and former employees working inside now have absolute power over government spending. Democracy and voters are now irrelevant in America’s new corporate-socialism.
18. Shadow Banking: The Derivatives Bomb. Wall Street wants no regulation of this $670 trillion, high-risk, out-of-control casino that’s highly leveraged versus the $50 trillion total GDP of all nations. We forget that derivatives almost destroyed global economies in 2008-09, finally will by 2012.
19. Dysfunctional Two-Party Political Bomb. Polarized partisanship increasing: Every day both parties show zero interest in cooperating for the public good. Instead they fight viciously, resisting everything and anything proposed by opponents. Only goal: Score political points, make the other side look bad.
20. The Coming Populous Rebellion Bombs. Nobody trusts anyone in authority. For good reason. So immediate gratification, short-term betting and a lack of long-term perspective wins for individual investors, consumers and taxpayers as well as Washington, Wall Street and Corporate America CEOs. Today: “Doing what’s right for the common good and country” is just empty political rhetoric.
Netanyahu, AIPAC, JINSA et al will be horrified by this story. So those bearded, scary Muslims aren’t actually getting ready to attack poor little defenceless Israel.
With universities pumping out more students than there are positions available in many cases, we are seeing the effects of educational inflation. Those that do have qualifications in areas that are still in demand have been lucky enough to weather the down turn without any significant impact.
I have a masters degree and I been out of work for over a year and a half with many unsuccessful job applications.
@BondhiBoy -
That observation may be irrelevant to people who suck gambling money out of American casinos in favor of placing another order for another 2 million rounds.
No wonder those rounds of ammo are in shortage in California…they’re all sitting out in the Middle East.
“I wish governor Gibbons the best of luck in getting collective bargaining for public workers tossed in the ashcan where is belongs. Unfortunately collective bargaining agreements seem to be covered by federal as opposed to state rules.”
Let me see.. the problem is that billionaire gangsters on Wall Street and in the City (of London) have ripped off the economies of both countries for Trillions of dollars.. so the answer, from Mish, is, in true right wing style..Fuck The Workers!!
He even hopes the ring wing governor of Nevada violates laws and contracts in the process.
Psychothic right wing hatred of workers, even to the violation of negotiated contracts and the breaking of laws. All to serve the bottom line of one greedy little ideologue.
What in hell does the financial crises have to do with workers?? NOTHING. Nothing whatsoever. This is pure opportunism by greedy right wing cranks..
morning all
The great uranium stampede
http://tinyurl.com/yzcz46m
war tourism
Ad on Ha’aretz-opportunity to visit Israel “to experience live penetration raids into Arab territory” http://bit.ly/cgazhG
This segment of our society who fear oneworld
government and a UN invasion of the United States
through which our individual freedom would be stripped
away would actively work to defeat any elected official who
joined ‘the conspiracy by undertaking LA21.
http://www.unedforum.org/publications/millennium/mill%20paper2.pdf
so much for dr copper
Stacy
Are you bubble wrapped yet?
Mike
Teabaggers Can’t Decide Who the Real Teabaggers Are
http://tinyurl.com/ycdh3s7
My family, my dog and parrot are ALL down in our bunker with our candles and food rations STILL waiting on that total economic collapse Max.
@Y’All
If you are having problems keeping up with the ‘Rain Man’ this could help!!!
http://opinionator.blogs.nytimes.com/2010/01/31/from-fish-to-infinity/
What’s a degree really worth?
Much more when one realizes it’s just a tool, not a crutch! : /
Can anybody explain gold? I’m curious what the specific reasons could be for this move..
I think an important concept to use is ‘investment vehicle’. WHat can work as a plausible motive for investment. It needs to have future revenues that warrant the loan and interest carrying capacity. Some things are wise investments, others are simple vehicles for the investment scam.
@ME. gold and silver are money. paper is less than money. the music is about to stop.
British Anarchists Hard at Work on the David Cameron Billboard Campaign:
“We will no longer serve as your slaves and will not tolerate our streets being littered with your filthy lies. It is time for the radical tradition of Levelling to return to these shores and remove the parasitic scum that is the ruling class.
http://i385.photobucket.com/albums/oo298/whitechapelanarchists/CameronMontage.gif
from http://www.ainfos.ca/ainfos17141.html
@ronron
But why now?
@ME. i’m the shoeshine boy.
@ME. the elite have printed themselves a lot of dollars they don’t want.
Well, at least Paulson makes sense..Thank LOYD BLANKFEIN for that!
http://www.huffingtonpost.com/2010/02/01/hank-paulson-wall-street_n_444962.html
1 HOUR Lecture:
Former World Bank President: Big Shift Coming
James Wolfensohn, former president of The World Bank and CEO of Wolfensohn and Co., addressed Stanford Graduate School of Business students with details about his work at the World Bank during its transition years and how the equation between developed and developing countries is changing. Wolfensohn claimed that in the next 40 years, a global power shift will see today’s leading economic countries drop from having 80% of the world’s income to 35%.
http://www.youtube.com/watch?v=6a0zhc1y_Ns&feature=related
@Alister,…..Sounds like that prediction falls in line with the 80% reduction in CO2 emissions by 2050,…
Bloomberg prints copper market set for catastrophe? Who else is going long /HG right now ?
Start by abolishing the accounting, the finance and the economics department. And replace them by a good 3 year course in sorcery and vooodoo.
Why the twin-yolk problem explains the credit crunch:
http://bit.ly/doJsOC
Hey have an idea for all you CO2 obsessed. Maybe we could exterminate 90% of the population and return to the middle ages or the roman times ? I am sure the crackpots at the Nasa and the IPCC would find quite cool to return to the roman circus and slavery. New discovery. Ous warmers just discovered this week that bigger presence of vapor water in the atmosphere is causing the unpredicted cooling the last year. Yeap. Maybe we should abolish the clouds to.
Copper market is not ser for a “catastrophe” As ALL metals mines are NOT opening. And the popultaion and industrialization increasing. Naturally the game plan is indeed eventually exterminating 90%, EVEN gold in that case is about to crash.
Sweet dreams Joseph Staline. Selling gold to buy meat ? Trying to make ends meat. Indeed. Specially Obanana paradise.
Have to pay God’s envoy fee to the neo-nazi Lloyd Blankfien the Elloim. Your neo-nazi Overlords frorm the City and New-York are about to kill the internet. Have you read ? You will soon have to pass an exam to get a “driving” permit on the internet. Enjoy liberty while it last. Soon even your organs won’t be your property. I am dreamin of China.
“Education is ignorance.” I like dumb people. Makes me feel like a godamn genius and God’s envoy.
GATA … Monday, January 18, 2010
John Embry: Why gold will keep going up for years
http://www.gata.org/node/8281
Good read.
“The blow by European governments has been even more candid. According to Bloomberg, at a meeting of European Union foreign ministers in Brussels on November 17th, the Europeans announced that they want “strict conditionality on the next instalment of IMF loans to Ukraine.” The IMF decided earlier this month, seemingly under EU pressure, to delay disbursement of the next $3.4 billion portion of the loan after the Ukrainian government failed to rein in social spending. The long shadow of the EU ministers, and their influence exercised via the IMF, will hit pensioners hard, as well as other sectors of the population heavily reliant on social protection schemes.
During initial negotiations of this loan, and in light of the social unrest unleashed by announced social spending cuts, the Ukrainian government sought advice by the International Labour Organisation (ILO) in a desperate attempt to outweigh the IMF’s pressure to cut social protection spending. This makes me wonder to what extent the IMF lending programmes “allow for negotiations” as the GAO report said. The ILO came into the negotiations bringing alternatives to the IMF’s orthodoxy in fiscal austerity and spending cuts: it actually proposed to change the tax system to increase government revenues through more progressive arrangements (actually reversing the flat tax that had been introduced as the fiscal panacea in many Eastern European countries some years ago).”
http://www.eurodad.org/blog/index.aspx?id=3921&blogid=1758
Ahmadinejad: Iran will deliver a telling blow on February 11
http://www.presstv.ir/detail.aspx?id=117545§ionid=351020101
2-11-2010 emmm errrr
Hic
http://www.infowars.com/enemies-of-free-speech-call-for-internet-licensing/
Hic
I dunno evenn if they shut down the NET
What are they gonna achieve by that ???
Finally they gotta come out And Say
Yeah I am Your King and you are my Slave
Lunatics
Hic
good morning Snoot. afternoon Bonn.
Hi ronron Good mornin
You really an early riser
Hic
No Bonn. They will find a “terrorist” like they invented wiht the nigerian clown in Detroit. USA is effectively a FASCIST state. They will soon be killing the internet and freedoom of speech. I am surprised that they haven’t killed Ron Paul yet. Later.
@Marc. the internet is the best tool the spooks have. keep talking.
tim geihtner has been here a few times.
I think Timmy and the Crew keep comming here
See what Max has to say
-> then do the complete opposite
ROFL
Hic
@ Bonn – Once again, Infowars discredits itself. At least it’s up front about it and does it in the first paragraph. Calls to introduce a licensing system to police the Internet on behalf of a powerful UN agency represent the latest salvo in a long-running battle to kill free speech on the web and bring an end to the powerful digital democracy that has devastated the carbon tax agenda of the UN by exposing the Climategate scandal.
That, in a nutshell, is what drives me nuts about Alex Jones, himself. He’ll take some information that is relevant to the subject at hand (in the case of the article you linked to: the claims being made by corporate interests about the need to have licensed users of the Internet) and then mix in a bunch of crazy stuff about the UN, nefarious plots (e.g. “climategate”), paranoid fantasies, and truth stretching.
Truth stretching like:
Climategate is a perfect example of the power of the digital democracy that authoritarian enemies of free speech want to crush. The Copenhagen global warming conference was completely devastated by the Climategate revelations which appeared just days before elitists convened to ram through their CO2 scam. As a result of bloggers feverishly pursuing the Climategate story, the entire foundation of the UN’s IPCC has been totally eviscerated and the global warming hoax is on its last legs.
Notice, btw, how interested Infowars was in the actual climate conference. They paid ZERO attention to the attempted behind-the-scenes deal-making, to activists and NGOs being kicked out of the conference center, to the debates taking place within the conference center, to the embarrassment of the US setting different standards of emissions cuts for itself, etc. etc. etc.
(I really do wonder if AJ the Texan has some oil interests of his own.)
Don’t forget. The China model fot the internet. Not just for the internet. They are dreaming of implementing all aspects of Communist China. Naturally you must implement the measures like they incrementally. You start with the Al-CIA-aide clowns or a good virus or ecologic scare to say. Sorry. Your way of living is too costly. How a about returning to the plantation boy and serfdom ? But first you must implement the “security” grid. Body scanners everywhere, data galore on everything you do, everything you think and everything you write. After that you go for the kill. Always for the same reason. You are a potential terrorist. END THE FED ? Terrorist ! Sick of the stealing and raping at the Pentagon ? Terrorist ! Sick of Lloyd Blankfien and his pludering ? Terrorist ! Tired of your rights being violated ? Terrorist ! Criticize Obanana and Brownshrit Brownie ? Terrorist ! Denounce intoxication by Monsanto ? Terrorist ! Refuse to believe the bullshit by the vaccines makers ? Terrorist ! Want to eat good food ? Terrorist ! Want to have a good paying job and an a union ? Terrorist ! Reading too much books with “subversive” ideas talking about social justice % Terrorist ! Thinkin aloud by yourself ? Terrorist ! Making jokes about 911 and politicians ? Terrorist !
Anyways you get the idea. For the moment they the nazis from the Pentagon and the CIA are putting up the infrastructure. Still a lot of work to do bbfore the concentration is seal tight. Expect to eventual disarming of all Americans. It’s a still indeed a big roadblock. But wiht the naked body scanners everywhere, it will be from now on much more easier. Not just at the airport. Israel is selling its know how with Palestinian concentration camps. Oh pardon me. They don’t such a word. They call it refugees camps. Refugees in your own country.
@ Mep
Remember the Day I couldnt hook on to Maxkeiser dot com
But @ the sametime I could send Stacey a Mail from my Google account
I dunno If its IP Ver 6 being tested or it was a Beta test of Copyright Infringement shit
And Trust me By all odds they’ll probably already have the Technology
Howmany Co make Routers ????
4 or 5 maybe
How much are these Companys worth ???
150 Billion dollars combined
100 billion to upgrade all routers world wide ????
Hic
It can very easily and swiftly be implemented
IMO
@ Marc – Maybe the mantra of global insurrection should change from “workers of the world unite!” to “terrorists of the world unite!”
Secret deal aims to scuttle internet pirates (The Financial Times) http://tinyurl.com/ya5ws8d
Well, the Chinese aren’t the only ones making fakes:
[url="http://www.americanfreepress.net/html/fort_knox_conundrum__208.html]Chinese say they received bogus bars of gold traced to U.S.[/url]
@ Mep
But give him credit dude
He gives Info on lotta fields
Just walk down to a cafe you dont frequent
Start a conversation with anyone
Y’all see he would’nt know even 10 % of what ya know
Hic
@ Bonn – I do remember, and I don’t doubt at all that some of our leaders intend to crack down on the Internet. I don’t see how they could pull it off in the US without first easing the public into it by creating a tiered Internet and then slowly cracking down like they did with the Patriot Act.
I do wonder if there are cyber attacks being launched that are making the financial terrorists and governments uneasy. Bank of America was having trouble with its site lately, and some were speculating that it was an attack.
@ Mep
They’ll do it incrementally
maybe Net banking will be attacked for 4 or 5 days
Thats as good as calling it a Bank Holyday
maybe at the begining of the month.
-> Covertly cause the problem
-> Public Outcry
-> Solution Ready Packed Sealed ready to Implement.
Problem ->Reaction ->Solution
Hic
@Mep
Exactly. Gradualism and conditionning. You restrict liberty slowly. Bit by bilt. And one day you wake up, and they say to you.Shut the f–k up or we will kill you, you enemy of the State, or will send you in a psychiatric hospital, Your scenario Mep is quite what I expect. And they have the model; CHINA.
Oops I hope I did’nt give em ta blue print
ROFL PMSL
Hic
Just saw this at Zero Hedge:
Obama’s Budget Has One Small, Missing Piece…. For $6.3 Trillion Dollars
http://www.zerohedge.com/article/obamas-budget-has-one-small-missing-piece-63-trillion-dollars
$2.8 Trillion and $1.9 Trillion of MBS guaranteed portfolios at Fannie and Freddie, and an additional $782 billion and $809 billion in company debt outstanding for the two GSEs, respectively. This amounts to a total of $6.3 trillion in liabilities
(These are off budget items and not included in the budget deficit but will be funded by selling Treasuries to Ben Bernanke.)
Swiss Banks Find Achilles Heel of Secrecy Is Workers Selling Stolen Data http://tinyurl.com/yzw4xfb
And thank God the most brilliant Programmers are on our side GNU, Redhat dudes and the likes
They’ll run freakin circles around anything these Lunatics can Dish out
They freakin Inveted most of ta shit
ROFL
Hic
China’s Property Market `Bubble’ Set to Burst on Lending Curbs, Xie Says http://tinyurl.com/yf376tk
Interesting talk given by James Wolfensohn at Stanford, posted by Alister,..
He suggests to the students, the expedience of learning the “Chinese way”
Who was it who stated, that China would be the model for the world?, hmm,.it’s all fitting together
#@Dedo
^^
Jamie Dimon must be eager to start http://baselinescenario.com/2010/02/01/tom-hoenig-for-treasury/
German car registrations down 4.2% in January http://tinyurl.com/ybznwgc
BP swings to $4.3 billion profit http://tinyurl.com/yjw4y8g
Retailers’ weekly sales slow to 0.4% gain: survey http://tinyurl.com/yhp3zf2
http://www.globalresearch.ca/index.php?context=viewArticle&code=J.%2020100202&articleId=17350
http://www.arrestblair.org/
War criminal to be arrested…
Massive debt threatens to impoverish our children http://tinyurl.com/y8r4tqz
Our debt time bomb is ready to go ka-boom http://tinyurl.com/ydz9rzr
Gold is going anti gravity
Hic
War mongering ???
@harry
noble effort but ultimately pointless. The Brit establishment would never turn in one of their own. And how many bodyguards does the prick have I wonder?
wow
Feb. 2 (Bloomberg) — German Finance Minister Wolfgang Schaeuble said in a newspaper interview that Germany will buy stolen information on Swiss bank accounts, backed by a poll showing majority support among voters if it helps tackle tax evasion.
@BondiBhoy: at least stand around with a sign saying:
I WOULD LIKE TO
MAKE A CITIZEN’S
ARREST OF BLAIR
If multiple people do so, then we can consider what the legality of ‘body guards’ etc is and police officers refusing to help knowing what went on.
It could be like an oil spill getting bigger and bigger.
@gb: yes
Governments can buy stolen things, we are by law forbidden to do so.
And what about the legality of information/proof acquired this way?
Just buy gold and it will be safer.
“The deficit has funded expensive wars and efforts to rescue the economy”,..
(From Youri’s link).
Strange how only a selected few seem to profit from war and bank bailouts, while the populace get lumbered with the expenses,.pretty good racket if you can get it!
In the previous talk by ex world banker, one of the students asked how the corrupt Governments of the world would be managed,.Wolfensohns reply was,.well it’s a problem that has to be addressed.
How naive are the students?, and how brazen our “leaders”
Refer to traits of a psychopath!
@Y’All
TWATS “it’s just the same old song”… mccain even sang it ‘live’ and now obama!!!
bomb iran – ???
http://www.youtube.com/watch?v=oFz9p_IpafA
@SG: bomb Iran?
Perhaps the Nobel peace prize winner will do it and make himself completely unbelievable. Let him explain the NPT first and explain what Iran did wrong, what Israel did wrong.
Beijing reining in http://tinyurl.com/ychqbgu
@Harry
nobel peace prize… er yeah … maybe he thinks it’s a ‘get out of jail free card’
@SG:
‘Mr. Obama, what do you think about someone performing a citizen’s arrest of Tony Blair?’
‘Mr. Obama, what do you think about someone performing a citizen’s arrest of George Bush?’
‘Mr. Obama, what do you think about someone performing a citizen’s arrest of yourself?’
@Y’All
OBOMBER!!!
http://www.youtube.com/watch?v=g5yLZHONQsU
video!
And a HOWTO: http://www.youtube.com/watch?v=m5_lFT52NrU
Blair is being used to forward the jurisdiction of the ICC: a body of law which derives authority from what Trichet describes as ‘new body of law’: the EU precident.
All law derives impetus from authority. If we permit the EU jurisdiction over international law issues, we sell ourselves to the international bankers standing in for the uber-elite criminals. UK is not subject to the Lisbon Treaty.
http://en.wikipedia.org/wiki/Law_of_the_European_Union
Do not support the ICC.
It’s all part of the Plan.
Housing vacancies elevated in fourth quarter http://tinyurl.com/yzrxnyb
typo:precedent
The reason I questioned the appearance of Admiraltry courts in the US after the constitution is that the Admiralty derives authority from the sovereign. The US willingly submitted to the Queen’s sovereign rule over commerce.
The same rule is being applied with the ICC: a body with Napoleonic aspirations. The authority is from the EU: it is acting as sovereign without ‘divine right’. It is now set to overstep its bounds of jurisdiction through hegemony.
FYI
Geithner is flapping his yap right now in Congressional hearings:
http://www.c-span.org/Watch/C-SPAN.aspx
Volcker will be testifying before the Senate Banking Committee this afternoon.
Example:
ICC and EU law:
http://ec.europa.eu/consumers/cons_int/safe_shop/fair_bus_pract/cont_law/comments/2.5.2.pdf
U.S. consumer spending slows in December http://tinyurl.com/yatgb95
@Y’All
Oh No GROAN, GROAN… did somebody just say ‘it’s all part of the plan’…. colour me GONE!!!
Today’s Keiser report
http://www.youtube.com/watch?v=ZpePec6cMFk&feature=sub
One cannot separate the ICC from the EU from the IMF/BIS. The systems are inextricably entwined: the corruption runs deep. The system seeks to bring all breathing humans under its power through deceit.
There is now limit to the power this system seeks to as operative.
Did I just hear that correctly, Lil Timmy?
You want to give small businesses a Tax-credit?
and give another $30Billion to your bankster buddies WITH NO STRINGS?!?!?!
UN-FRICKEN-BELIEVABLE!!!
And timmy WAFFLES AWAY UNDER QUESTIONING ONCE MORE!!!!
What a scumbag…
nay, he’s the TAINT of a SCUMBAG!!!
Demand for most types of loans is still weakening further, the Fed reported http://tinyurl.com/y9khh3e
And people that ‘spend time in their communities’ are really soon to be following orders from the centralized-global human-decifer apparatus: UNESCO. The Millenium Goals are global: there is no opt-out.
We fight them or we obey.
Obama’s ‘budget’ includes a retooling of No Child Left Behind: the open arms fund for Bill Gate’s oligarchal rule over what it taught in US schools; how it is taught; where it is taught; and including data systems to track children into the jobs the state desires according to their applitudes. The rulebook out of the UN; written by the uber-elite.
Note that ‘some people’ on this site blatantly attach my posts: why? Are they trying to defer the real understanding away from the power structure that supports the future genocides?
Lil Timmy should watch this video
about the Austrian Theory of the Trade Cycle
http://www.youtube.com/user/misesmedia#p/u/38/zhoFOyy7rbo
Hayek Triangles…
Savings lowers interest rates, but INCREASES investment, which in turn augments GROWTH at a faster rate…
The disequilibrium created by throwing money at banksters is clearly explained on the vid…
Excuse me: I meant attack, not attach. And the attacking mostly was directed at my person and not my words.
Cowards fight that-a-way.
@Frances,…Ignore him, he’s pretty insignificant really,.(although he espouses how important he is for everyone to hear),…shame
How religious is your state?
http://i.imgur.com/kpb5A.png
Obama sends $3.8 trillion budget to Congress http://tinyurl.com/ydum2a3
‘Twill be interesting to witness Max’s reaction to this video:
Jim Cramer “Illuminati, Queen of England & Trilateral Commission, Goldmann Sachs are not all bad!”
http://www.youtube.com/watch?v=4bo9jCSd15U&feature=player_embedded
U.S. construction outlays sink 1.2% in December http://tinyurl.com/yghsaoh
Chief Executive Lloyd Blankfein could see a bonus of up to $100 million http://tinyurl.com/ybyhddp
Home Depot to cut 1,000 jobs, shut three stores http://tinyurl.com/ydbc48w
Russia’s economy contracted 7.9% in 2009 http://tinyurl.com/yg9bta5
Keiser Report + Barry Ritholtz
http://www.youtube.com/watch?v=ZpePec6cMFk&feature=sub
Great show …. as usual.
off topic
just wondering …
who has the most to loose in the event of a crash/panic vs an attempt to control/manage the crisis ?
for the puppet masters to not use the speed and efficiency of a crash/panic vs an attempt to control the crisis, stepping us towards a new world view … is their inability to use a crash reflective of their overall strength ? Where in a crash/panic the risks are best for the people of cutting the strings of control …
and while we are threatened by everyone that a crash is the risk we take by not accepting the change we are being forced to accept. Do the puppet masters also fear a crash/panic as they risk loosing their level of control …as anything is possible as a consequence of a crash/panic.
Sovereign Debt: The Next Crisis – Marc Faber Vid http://tinyurl.com/ycel3s7
Marc Faber – How 2010 Will Pan out Vid http://tinyurl.com/yj7qo67
Marc Faber -ECONOMIC ARMAGEDDON of the U.S. Vid http://tinyurl.com/yes578z
@Snoot. they attack out of jealousy. fuck them. go girl go.
Some opinions of Gold and Silver ETFs…
Silver market fundamentals Destroyed by bullion-ETF’s
http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=528:silver-market-fundamentals-distorted-by-bullion-etfs&catid=49:silver-commentary&Itemid=130
.
.
Bullion-ETF Shrinkage GOOD For Sector
http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=8061:bullion-etf-shrinkage-good-for-sector&catid=48:gold-commentary&Itemid=131
Your ETF-silver is For Sale
http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=2887:your-etf-silver-is-for-sale&catid=49:silver-commentary&Itemid=130
FWIW
Some more links …
FED GAVE Banks Access to 23.7 TRILLION DOLLARS NOT $700 Billion!
http://www.youtube.com/watch?v=lDJc0PZV-Bk
Greece “Discovers” $40 Billion Of Previously Unknown Debt, CDS Gaps
http://www.zerohedge.com/article/greece-discovers-40-billion-previously-unknown-debt-cds-tightening-reverses
Huge Deficits May Alter U.S. Politics and Global Power
http://www.nytimes.com/2010/02/02/us/politics/02deficit.html
“And just like any investment, there are risks—such as graduating into a deep economic downturn. That’s what happened to Kelly Dunleavy, who graduated in 2007 from the University of California, Berkeley, with $60,000 in loans. She now works as a reporter for a small newspaper in the Bay Area and earns $34,000 a year. ”
The US economy hasn’t created a single job since 2007, meanwhile hundreds of thousands of kids have since graduated. You can’t get a job that doesn’t exist. Now the kids are going back to school, thinking it will be better in a few years. It won’t.
@Danny – thanks for link (re: Keiser Report)
Charles Schwab commentary …
Debt: What Is and What Should Never Be
http://www.schwab.com/public/schwab/research_strategies/market_insight/todays_market/sonders/sonders_020110.html
I never mind if the gloves come off, as long as the rest follows
@ Dr. Copper:
“What we have now is we have a unique situation, whereby we have a surplus and production has gone up and consumption has gone down,” he said.
Like I’ve said here before, increasing production will cause a depression. There is no fricken liquidity in the economy. Imagine if your car ran out of engine oil and you pissed in the oil tank, thats my analogy. We have no money and too many goods, not too much money chasing too few goods.
This is on main stream corporate TV? Something afoot?
FED GAVE Banks Access to 23.7 TRILLION DOLLARS NOT $700 Billion!
http://www.youtube.com/watch?v=lDJc0PZV-Bk&feature=player_embedded
OK, I’ll try again …
Debt: What Is and What Should Never Be
(take out the spaces after www. )
http://www.s c h w a b.com/public/schwab/research_strategies/market_insight/todays_market/sonders/sonders_020110.html
Here’s short audio … good listen :
(take out the spaces after www. )
http://www.s c h w a b c o n t e n t.com/straight_talk/audio/snd_sonders020110.mp3
@g7enn .. yes, I posted earlier.
Seems the SPam filter is blocking my links to a good article
( tried twice .. give up now )
Early draft of the Constitution found http://tinyurl.com/yfhakvj
theres a video @ http://www.whatreallyhappened.com news room. watch before it’s gone. disscusting. hahaha
OK..trying again..
http://www.REMOVETHECAPSschwabcontent.com/straight_talk/audio/snd_sonders020110.mp3
U.S. Rescue May Reach $23.7 Trillion, Barofsky Says July 20th 2009 (Bloomberg) http://tinyurl.com/q2gnj3
And this link :
http://www.REMOVETHISschwab.com/public/schwab/research_strategies/market_insight/todays_market/sonders/sonders_020110.html
“Warning: This is Not Another Wall Street Conspiracy Theory, These are the Facts”
http://moneymorning.com/2010/02/02/aig-collapse/
Hassup Hassup back from me bar
Hic
@phil
You mean http://www.schwabcontent.com/straight_talk/audio/snd_sonders020110.mp3
I see Gold going bonkers
Hic
US ‘exposure to crisis $23.7 trillion’ 20 July 2009 (BBC News) http://tinyurl.com/kulzs4
Geithner asks Congress for higher U.S. debt limit 7 August 2009 (Reuters) http://link.reuters.com/suq99c
@Mother Earth … You mean http…
Seems you have privileged status …my links keep getting blocked !
@wes
brilliant! That’s more like it!
Inflation in Europe graph http://i578.photobucket.com/albums/ss228/biflatie/inflatieeuropagrafiek.jpg?t=1264923946
Construction spending falls sharply in Dec 1 February 2010, (Reuters) http://tinyurl.com/ybq4ek5
@Uranium Stampede
This was a market created for our benefit. A full-on mania seeing idiot hedge funds storing Uranium Oxide in barrels in warehouses completely ignorant of the fuel cycle. When it finally crashed, and it crashed badly, and is in on-going deflation, people fully expected uranium prices to recover. This is no different than the oil market corner which recently blew out completely. (copper, nickel, antimony, wheat, etc, etc, etc…)
The purpose of the uranium mania, which has now completely blown out, was to refit deteriorating thermonuclear weapons. No uranium ever mined was ever mined solely for peaceful purposes, it has a weapons cycle as well.
There is no ‘uranium stampede.’ It is a TOTAL FICTION. (there WAS a stampede – its over now)
Note that mining companies with Lithium deposits are getting a fair bit of attention as well. We are in the thermonuclear age, and a thermonuclear arms race requires not only enriched Uranium, but also Lithium-6, which only has application in thermonuclear weapons, a by-product of the refinement of lithium salts. Lithium-6 is the required fuel to create tritium. Tritium decays very quickly, so it is ineffective as a thermonuclear fuel unless it comes from Lithium-6.
With the onset of ‘the war on terror’ we saw sudden, huge interest in nuclear energy, touted as a green energy. Nothing could be further from the truth.
Only 0.17% of all uranium mined becomes enriched for use in plants. THE REST – THE GREAT BULK OF URANIUM IS THEN DISCARDED AS URANIUM HEXAFLOURIDE IN GAS CANNISTERS. THIS IS NOT A GREEN FUEL CYCLE IN THE LEAST.
A market for Uranium is ‘required’ when you need to replace all of your aging thermonuclear weapons, because in order to make fuel for your weapons fleet renewal, you need ready access to enriched uranium to make plutonium.
Plutonium is highly unstable, highly radioactive and deteriorates the casing of the very weapons that carry a small handful of it as a trigger for a thermonuclear fusion explosion.
As long as you’re a total ignoramus about the so-called green benefits of uranium, and swallow some misguided notion about how useful it all is, then think again. Think hard. Take exlax. And above all, you need a bath and to stop smoking pot.
We are headlong down the road of a great arms race and retrofitting your thermonuclear weapons are just part of the ad-hoc plan.
My apologies if this explanation is not according to your expectations.
F6
“The Vienna-based IAEA is promoting uranium exploration from China to the Democratic Republic of Congo as governments seek to generate power without adding to greenhouse gases, blamed for global warming. About 400 businesses have been set up to seek deposits since 2004, said Ganguly, a metallurgical engineer and former Chief Executive Officer of India’s Nuclear Fuel Complex.
“In the last four to five years, exploration has mushroomed all over the world,” he said. “There’s an acute shortage of uranium geologists and uranium mining engineers. Our focus is to train up these youngsters in uranium geology.”
Desperate Search
In China, “they are desperately trying to find new uranium reserves,” he said. “On the border of Kazakhstan and Mongolia there are some deposits. The grade is very, very low. At least they have identified some low-grade uranium.”
The IAEA, which together with the Paris-based Nuclear Energy Agency publishes the bi-annual Uranium: Resources, Production and Demand guide, may boost the estimated level of known reserves when they compile new figures this year.”
http://www.bloomberg.com/apps/news?pid=20601090&sid=a2bpSSq1Z4D4
Last Updated: May 29, 2009 09:40 EDT
France ties Nigeria to colonialism for thirty years:
http://www.france24.com/en/20090327-sarkozy-niger-back-arevas-unranium-deal-with-niamey-african-tour-dr-congo-talks
Oops, my bad. That would be Niger and 40 years:
http://niger.areva.com/scripts/niger_home/publigen/content/templates/Show.asp?P=74&L=EN
Areva: Namibia
http://www.areva.com/servlet/cp_namibie_05_05_2009-c-PressRelease-cid-1241444012668-en.html
Monthly price chart for Uranium Oxide:
http://www.indexmundi.com/commodities/?commodity=uranium&months=120
The mania in uranium has totally blown out. This was in June, 2007. The peak of the BKX was in February, 2007. The peak of the oil futures contract market corner was in July, 2008.
Ux SWU (nuclear fuel) remains stable by contrast.
West African Development Bank (Areva’s bank) cares about the climate:
http://climate-l.org/2010/01/06/west-african-development-bank-defines-its-role-in-the-climate-change-regime/
Here’s the criminal banks:
http://www.imf.org/external/np/sec/decdo/contents.htm
http://www.africaneconomicoutlook.org/en/countries/west-africa/niger/
5000 tons per year in 2012
http://www.iii.co.uk/investment/detail?code=cotn:FTE.L&display=discussion&id=5882436&action=detail
“The African Development Bank’s own “currency”, the Units of Amount (UA) equal the SDR currency basket.”
http://en.wikipedia.org/wiki/Special_Drawing_Rights
Tidy little banker heaven: Africa!
@FranSix
http://en.wikipedia.org/wiki/Nuclear_fuel_cycle
Just point people there…
The bulk (96%) of the byproduct from enrichment is depleted uranium (DU), which can be used for armor, kinetic energy penetrators, radiation shielding and ballast. Still, there are vast quantities of depleted uranium in storage. The United States Department of Energy alone has 470,000 tonnes.[10] About 95% of depleted uranium is stored as uranium hexafluoride (UF6).
So if UF6 is required for enrichment, then there is no need to mine it, hence the Jim Dines Uranium Bubble… at least not in the short term… Just work off the reserves (unless the stored UF6 can’t be used for some reason???)
http://en.wikipedia.org/wiki/Isotope_separation
This talks about the use of Lithium-6 in Weapons manufacture (albeit briefly)
Lithium has far more uses, though, so I don’t believe the recent mania over Li has much to do with that…
The empty suit has now joined the “THE FAMILY” a secret religious sect!
http://www.commondreams.org/video/2010/02/02
What if the world used UF6 as a backing for currency?
THEN the USA could have plenty of reserves to justify the M1/M2…
@Guiseppi:
The exploration and development most likely is meant to colonize the African continent for the next century: these guys plan ahead. The carbon regulations and the depressed opportunities for energy viability from other sources (due to political regulations of the nuclear five) most likely will feed into a European based energy resource monopoly of control.
Looking ahead in terms of a differential in the currency: those with pegs to sdr will survive the volitility intact. I’m not sure how this will play out: no one will know until the sdr is reweighted this year.
The idea is to bankrupt, regulate, obfuscate, steal, and then control.
Areva is 85% owned by the French government. It operates within the US.
http://us.areva.com/home/liblocal/docs/Press%20releases/2009/AREVA%20-%20Changes%20to%20Organization%20-%204-27-2009.pdf
News flash: BA’s aren’t worth the animal skin they’re printed on. More on the Totally Obvious News Network at eleven.
Paul Volcker LIVE in the Senate Banking Committee
(not on CSPAN)
http://banking.senate.gov/public/index.cfm?FuseAction=Hearings.LiveStream
If the copper price plunges, and my small business suddenly has a huge boon, (since copper is one of my largest expenses,) how is this catastrophic?
Don’t look now, but…and correct me if wrong….melt gold sold as such “counts” in the City of London spot price fix everyday, no? Don’t these sales of “junk” gold after melting contribute (some) to the suppression of prices; since melt gold may be valued at an average purity, say 18kt. by the time you average the contents and alloys? Refined gold will be truly 24kt and should be the only transaction counted by CoL.
@for all of those pounding the table on Uranium and its uses
Its a pretty bad fissile material, unless you have a weapons cycle. Because the way you refine Uranium is to produce Uranium salts, or UF6 (really a gas) and throw it in a centrifuge. The only usable portion is the enriched portion, which is 0.17% of the mined material which occurs naturally.
THE REST IS WASTE
And if you don’t believe me that Lithium-6, (an isotope of Lithium that occurs naturally and forms a small portion of all natural Lithium deposits,) -that its not actually used in thermonuclear weapons, then I would advise you to do some very, very serious reading on that very subject!
I SAY AGAIN. THE URANIUM MARKET HAS CRASHED – THE BUBBLE HAS BURST – BUT NOT THE Ux SWU market, which has remained steady.
The irreversible facts are here:
http://www.indexmundi.com/commodities/?commodity=uranium&months=120
Uranium is impractical and has no future.
The following about Lithium-6 from the article on Lithium:
” Large amounts of lithium-6 have been isotopically fractionated for use in nuclear weapons.”
-they should say thermonuclear weapons – meaning hydrogen bombs.
http://en.wikipedia.org/wiki/Lithium
So my suggestion is not to be an igonoramus when you hear that hybrid cars are to be powered by lithium cells, when they actually burn just as much gas as before, and at the same time, there is a wondrous bull market in Lithium exploration juniors.
Uranium is impractical and has no future.
That is a very foolish sentence based on fluffy logic.
http://www.washingtonpost.com/wp-dyn/content/article/2009/11/09/AR2009110902195.html
“LONDON — The British government unveiled plans Monday to launch one of the world’s most ambitious expansions of nuclear-power capacity, calling for the construction of 10 plants to help meet surging energy demands in the era of global warming.
After years of resistance to construction of nuclear-power plants, the British plan underscored how nations around the world are scrambling to find ways to generate more energy while slashing the emissions that cause climate change. To do that, nations including the United States are considering more reliance on nuclear power, which, while generating radioactive waste, produces almost no carbon emissions.
To keep the lights on in Britain while meeting strict goals to slash emissions, the government of Prime Minister Gordon Brown identified 10 sites in England and Wales for new nuclear plants, with the first expected to come online by 2018. Many of the plants are envisioned to replace aging plants that are set to be decommissioned in coming years and are a vestige of a period of accelerated nuclear construction from the 1950s to 1980s.”
http://www.euractiv.com/en/foreign-affairs/ambassador-china-expand-nuclear-power-capacity/article-183819
“Nuclear power will play an increasingly important role in China’s energy policy as the world’s most populous nation seeks to improve its energy efficiency, said the country’s EU Ambassador Zhe Song in a detailed and wide-ranging interview with EurActiv.
Chinese EU Ambassador Zhe Song heads his country’s mission to the European Union in Brussels.”
http://content.usatoday.com/communities/greenhouse/post/2010/01/obama-creates-panel-seeks-loan-guarantees-to-spur-nuclear-power-/1
“President Obama, who called for a “new generation” of nuclear power plants in his State of the Union address Wednesday, is quickly moving forward. He created a panel Friday to recommend ways to dispose of used nuclear fuel and is expected Monday to propose tripling loan guarantees for new plant construction.”
@Fransix:
Uranium of course is impractical: but it is the basis of the nuclear five advantage in driving and controlling energy resource monopoly according to the five’s privileged position based on the NPT treaty.
The hegemon is set to proceed against Iran.
Silver has fallen close to its 200 day MA. looks tasty.
apologies if this has been posted before………….
20 reasons Global Debt Time Bomb explodes soon
Commentary: Which trigger will ignite the Great Depression II?
By Paul B. Farrell, MarketWatch.com
20 economic weapons of mass destruction triggering ticking Global Debt Time Bomb
1. Federal Budget Deficit Bomb. The Bush/Cheney wars pushed America deep into a debt hole. Federal debt limit was just raised almost 100% with Obama’s 2010 budget, to $14.3 trillion vs. $7.8 trillion in 2005. The Congressional Budget Office predicts future deficits around 4% through 2020. Get it? America’s debt at 84% of GDP will soon pass that toxic 90% trigger point.
2. U.S. Foreign Trade Bomb. Monthly deficits actually dropped from $50 billion per month to roughly $35 billion. But the total continues climbing as $400 billion is added each year. Foreigners now own $2.5 trillion of America, with China holding over $1.3 trillion in Treasury debt.
3. Weakening U.S. Dollar as Foreign Reserve Currency Bomb. Fear China and other currencies will replace dollar as main foreign reserves. The dollar’s fallen: The main index measuring dollar strength has gone from 120 at the Clinton-to-Bush handoff to below 80 today.
4. Cheap Money Bomb: Credit Ratings Down, Rates Up. Economists at S&P, Fitch and Moody’s were totally co-conspirators of Fat Cat Bankers, misleading investors before meltdown: Soon, debt up, ratings down, interest rates soar.
5. Global Real Estate Bomb. Dubai Tower, new “world’s tallest building” is empty. BusinessWeek warns that China’s housing collapse could be worse than America’s. Plus the U.S. commercial real estate bubble is now $1.7 trillion, a “ticking time bomb” bloating 25% of bank balance sheets.
6. Peak Oil and the Population Bomb. China and India each need 500 new cities. The United Nations estimates world population exploding 50% from 6 billion to 9 billion by 2050: Three billion more humans demanding more automobiles, exhausting more resources to feed their version of the gas-guzzling “America Dream.”
7. Social Security Bomb. We have no choice; eventually we must either cut benefits or raise taxes. Politicians hate both, so they’ll do nothing. Delays worsen solutions. Without action, by 2035 Social Security and Medicare benefits will eat up the entire federal budget other than defense.
8. Medicare: A Nuclear Bomb. Going broke faster than Social Security. Prescription drug benefit added an unfunded $8.1 trillion. In 5 years estimates rose from about $35 trillion to over $60 trillion now.
9. Health-care Insurance Bomb. Burden increasingly shifted to employees. Costs rising faster than inflation. Recent Obamacare plan would have cost $90 billion annually, paid to Big Pharma and insurers.
10. State and Local Government Budget Bombs. Deficits of $110 billion in 2010, $178 billion in 2011on top of more than $450 billion in underfunded state and municipal employee pension funds.
11. Underfunded Corporate Pensions Bomb. From $60 billion surplus in 2007 to $409 billion deficit in 2009. And a whopping 92% of the pension plans of companies are now underfunded. Defaults are guaranteed by taxpayers.
12. Consumer Debt Bomb. Americans are still living beyond their means. Even with a downturn, consumer debt rose from about $2.3 to $2.5 trillion. Fat Cat Bankers love it – yes, love making matters worse by gouging cardholders and mortgagees, blocking help in foreclosures and bankruptcies.
13. Personal Savings Bomb. Before the 2008 meltdown savings rate dropped from about 10% in the early 1980s to below zero. Now it’s increasing, slowing retail recovery. Today, government’s the big “unsaver.”
14. War and Military Defense Deficits. Costs of Iraq and Afghanistan wars — $200+ billion annually, $3 trillion minimum, with massive long-term costs for veteran medical care, equipment renewal, recruitment.
15. Homeland Insecurity Bomb. Security at airports, seaports, borders, vulnerable chemical plants all increase budgets.
16. Fed/Treasury Bailout Bombs. Tax credits, loans, cash and purchase of toxic assets from Wall Street banks estimated at $23.7 trillion as new debt was shifted from too-big-to-fail Fat-Cat banks to taxpayers.
17. Insatiable Washington Lobbyists Bombs. Paulson, Goldman, Geithner, Morgan and Wall Street banks, through their lobbyists and former employees working inside now have absolute power over government spending. Democracy and voters are now irrelevant in America’s new corporate-socialism.
18. Shadow Banking: The Derivatives Bomb. Wall Street wants no regulation of this $670 trillion, high-risk, out-of-control casino that’s highly leveraged versus the $50 trillion total GDP of all nations. We forget that derivatives almost destroyed global economies in 2008-09, finally will by 2012.
19. Dysfunctional Two-Party Political Bomb. Polarized partisanship increasing: Every day both parties show zero interest in cooperating for the public good. Instead they fight viciously, resisting everything and anything proposed by opponents. Only goal: Score political points, make the other side look bad.
20. The Coming Populous Rebellion Bombs. Nobody trusts anyone in authority. For good reason. So immediate gratification, short-term betting and a lack of long-term perspective wins for individual investors, consumers and taxpayers as well as Washington, Wall Street and Corporate America CEOs. Today: “Doing what’s right for the common good and country” is just empty political rhetoric.
Iran: We can live with U.N. uranium deal.
Ahmadinejad says ‘no problem’ sending it abroad to be enriched
http://www.msnbc.msn.com/id/35205084/ns/world_news-mideastn_africa
Netanyahu, AIPAC, JINSA et al will be horrified by this story. So those bearded, scary Muslims aren’t actually getting ready to attack poor little defenceless Israel.
With universities pumping out more students than there are positions available in many cases, we are seeing the effects of educational inflation. Those that do have qualifications in areas that are still in demand have been lucky enough to weather the down turn without any significant impact.
I have a masters degree and I been out of work for over a year and a half with many unsuccessful job applications.
Here is a couple of clips – US based education:
The Million Dollar Lie
http://hubpages.com/hub/The-Million-Dollar-Lie
The high cost of higher education: Is it worth it?
http://www.youtube.com/watch?v=ppZJ9vhWypc
@BondhiBoy -
That observation may be irrelevant to people who suck gambling money out of American casinos in favor of placing another order for another 2 million rounds.
No wonder those rounds of ammo are in shortage in California…they’re all sitting out in the Middle East.
Mish again: quoted from his website:
“I wish governor Gibbons the best of luck in getting collective bargaining for public workers tossed in the ashcan where is belongs. Unfortunately collective bargaining agreements seem to be covered by federal as opposed to state rules.”
Let me see.. the problem is that billionaire gangsters on Wall Street and in the City (of London) have ripped off the economies of both countries for Trillions of dollars.. so the answer, from Mish, is, in true right wing style..Fuck The Workers!!
He even hopes the ring wing governor of Nevada violates laws and contracts in the process.
Psychothic right wing hatred of workers, even to the violation of negotiated contracts and the breaking of laws. All to serve the bottom line of one greedy little ideologue.
What in hell does the financial crises have to do with workers?? NOTHING. Nothing whatsoever. This is pure opportunism by greedy right wing cranks..