Stacy Summary: Here it is. We have walked sooooooo much today, back and forth across the entire city and just walked back from Kremlin / Red Square where I think we were the only two people there. Boy is it cold and the weather report is for even colder weather tomorrow . . .
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@Michael P. Shipley
You are preaching to the wrong congregation here. Most of these people worship socialism and regulation of business toward the destruction of capitalism.
Mr. Perkins fails to explain how those evil bankers “forced” people to go into massive debt they couldn’t afford to pay back. They weren’t forced, they could have chosen correctly but they were just plain stupid, economically retarded. Nobody had a gun to the head of any home buyer getting an option ARM to afford that $500,000 house when a $200,000 one would have been adequate. No noose awaited the consumer who refused that home equity loan to buy that Lexus SUV.
By suggesting this evil capitalist “force” was used on the citizens, it justifies the equal evil socialist protection of the citizens for their own good by governments bent on control of capitalism for the good of all. A world where no one is better than anyone else only means everyone is worse.
right on Gordo, Underfunded.. what you said! Tell that Freidmanite scumbag to blow. Tenks, boys.. Preciate it.
@Michael P. Shipley
In your world we would all be slaves in short order.
Bizinness is the problem.
Spread your propaganda somewhere else.
@ shipley
‘no more CIA and DOD. no more fed. no more supreme court, no more barney franks, gingrichs, obamas, bushes, lincolns, fdrs, or wilsons to get us into wars, recessions, and depressions’
These federal outfits are the public relations arm of big business, not their antagonist, and the fed reserve is a private organization, not big brother, but the holding company.
http://www.youtube.com/watch?v=b9wK8fSPETY
Financial Collapse 2010 – Repetition of the 29 Depression
Latest jberni1 vid.
john perkins totally misses the root cause of our problems. what would he have nike do? pay americans to make shoes that indonesians could for much less? talk about cruel. he wants indonesians to have no jobs. i live in indonesia. indonesians are not slaves. they are not captured and forced to work. no matter how “bad” he thinks their working conditions are or how “little” he says they are paid, they WANT those jobs because the alternative, working like a slave on a farm, is worse. as time goes by indonesians WILL eventually reach full employment and wages WILL rise. but that will never happen if they have no jobs!
nike has to go overseas because of u.s. government interference in the economy. it made us so uncompetitive, its cheaper to go a billion miles to indonesia, make shoes there, then ship them a billion miles back. how screwed up an economy do you need to make that profitable? pretty screwed up thats how.
what is the REAL answer? demonize businesses? NO. the answer is simple: abolish the u.s. whole federal system. think of it. no more CIA and DOD. no more fed. no more supreme court, no more barney franks, gingrichs, obamas, bushes, lincolns, fdrs, or wilsons to get us into wars, recessions, and depressions.
freidman was right, the business of business is business, not to be a victim of misperceptions.
ROFL Nice one
should put those Dolls on a Fence & Double barrel gun
Or still Saw tis idea on Geroge carlin
Put Each of them in a bag along with a Dog dipped in Itching Powder along with a Cobra And throw em into thier Warm waters of Antartic
Hic
@bonn
the russian dolls could be greenspan, paulson, geithner
another doll could be carter, reagan, bush, clinton, bush, obama
Obama is a Friedmanite? Amaizing the crap that can come out of your mouth. In Moscow huh?
didja know that Berkshire Hathaway lost its AAA rating? Poor Warren.
HAHAHAHAHAHAHAHAHAHAHAHA
Bloody Inside trader Old freakin Geezer
Hope oneday I have ta chance to Piss on thier Graves
hic
@ Dan – maybe it was immaculate conception?
@ dedo – ha ha, I triggered your nice!
@ all – didja know that Berkshire Hathaway lost its AAA rating? Poor Warren.
Jon Stewart talks Fox News, Obama with Bill O’Reilly on ‘O’Reilly Factor’
http://www.nydailynews.com/entertainment/tv/2010/02/04/2010-02-04_jon_stewart_talks_fox_news_obama__gop_with_bill_oreilly_on_the_oreilly_.html
Laura Timoney fumes after son Patrick, 9, is busted for bringing 2-inch-long toy gun to PS 52
http://www.nydailynews.com/ny_local/education/2010/02/04/2010-02-04_big_trouble_over_this_tiny_toy_mom_fuming_at_a_lack_of_common_sense_as_son_buste.html
@Whoops,….My bad, you don’t like reading (I forgot),..
http://www.youtube.com/watch?v=Mvad6de6tfA
@Bonn,..Read “Political Ponerology”,..it’ll give you an insight to how these folk think! : )
Man Listenin to Alex Jones and the Cyber security stuff
Thank God there was a man named Ghandi
Looks like we’ll have ta follow his teachings again
Of “Non Compliance”
What is the urge of these lunatics on power
Why ???Do they have a Sexual dysfunction ???
Most Conqueres had Questionable Sexual habbits
Hic
@Mep,..Congratulations to your fiancé,. he did all the work! : )
(Okay,.to you as well,..bah, I hate being nice) grrrrrr
bonn , we have to pray that some good people don’t let that happen. Its my big worry as well. A false flag would give the powers that be the power to really mess with the constitution. Not a good thing at all.
I was just tinkin a scary thought
They will go ahead with False Flag more urgently now before more peeps wake up
Logically speaking
@Mep
last post had a double meaning I did not intend . . . gotta work on my humor
@Mep
Congrats on the news. Think positive and no more of ‘if I keep it’ stuff.
BTW. You post so much on here when did you find the time? Are you sure you’re the mother?
@ Jon
Maybe Tis
http://www.infowars.com/intel-boss-blair-government-plans-to-kill-citizens/
FEMA Camps ???
chris, the debt is so out of hand its far beyond repair. The governement even mentioning that it can be paid down is a disreputable “Lie”. It can’t be paid down.
So what is in store. What do they really have planned. There is something else afoot here.
john perkins saying tat its Corporations without borders is a miss nomer
Its always been like tat
Case in point IBM during WW@ & Fanta plus Prescot Bush providing Hitler with stuff
Its just tat NEWS did’nt permiate as well as it does now
IMO
Hic
House Passes Cybersecurity Bill
http://www.infowars.com/house-passes-cybersecurity-bill/
The End is near
Hic
Just doin’ a little math for y’all:
$ 1.56 trillion [proposed US budget deficit]/365.25 days per year means the United States will need to find someone to loan it $4.271 billion ($4,271,000,000) EVERY DAY of the coming year.
It was’nt even under lock and Key
Instaed of treasure hunting in ta Atlantic ocean
Just figure out the Politicians cousins and trace em
Hic
Ter was tis one Joker politician (Local)
in me home state who sent 3 bags ta his farmer cousin who stayed in a hut. Well tis dude had a Kid ran outta space ; took tose 3 bags and dump’d em in a Shed n carried on life
One day outta curoisity he decided to see wats in ta bag
4 mill $$$$$$ Hic
ROFL
@ MA
Land is a whole lotta different in India
Hic
There is just a small problem with land. It’s called taxes. What do you think the state does when it is bankrupt ? It taxes land owners till death ensues. In theory land is cool. In practice it’s plagued by the same caveat. You are still vulnerable with the bloodsucking politicians.The best is to get rid of the hitmen.
@Mep
Congratulations ..
I guess that means less posts some time in the future BooWooo
Kill the economy and then kill tha people. That’s the plan. Jean-Claude Trichet blames the USA for Europe’s. European bankster asshole. What did you expect anyways when European banls, f–kin UK banksters included, were using a financial leverage of 60 to 1 or even 80 to 1. Know what’s the problem with Europe ? United Kingdom.
http://globaleconomicanalysis.blogspot.com/2010/02/ecb-president-trichet-points-finger-at.html
The blame game is starting. I have a good solution; the guillotine.
@ jon – That’s a great idea. Those 2 have been harassing us for years to have a baby. My in-laws even gave us a freaking crib a couple of months ago (they were cleaning out their basement).
@Norcalkid,
Love your pledge, I’ll use it. I like your simple back to the land approach. Though this may not be a plan for you, I thought I’d just mention that I just invested in a Nor. Cal organic farm, which delivers produce to me in SF. They can pay 4% on your investment, or better, will pay 7% return in produce. This way both we and the farm cuts out the banker middleman. With a sufficiently large investment one can actually receive free produce for the whole year.
@ Mep
Totally A Half a bottle of Whysky In yer name
RonRon wake up !!!!!!! Whysky time
Hic
mep, will god bless you and your other. Having childrens a great thing. YOu’ll love it. Alot of work though. But I guess you know that. Try and get a picture or video of your mother and mother in law when they find out. Those two will go nuts when you reveal it.
@ bonn- have some whiskey for me!!
@ jon – i’ll be telling bedtime stories about what the world used to be like when there was cheap oil, but hopefully there won’t be any stories to tell about WW3!
@ Mep
So MaxKeiser.com folks are the only people I’ll tell
I got a tear in me Eye
May all ta gods bless ya n ya family
Hic
Congrats Mep did’nt na ya were a chick
Hic
@ Max
Thought of an obvius topic but ya can’t retort using ta word “Feces”
Global Warming and Environment issues u lacking Skills
How the Iraq Gov’t wants to sue the US fer Uranium shit tats wher ta real issue is on ta Environment
Hic
wow mep, congrats. I think. depression and after ww 3. Hopefully it will be a better world. Its fairly okay now other than everyone itching to start shooting one another.
@ SG – Thank you. I’m trying not to get too excited (or too horrified), because there’s no telling what will happen. My fiance and I have already decided not to tell anyone we know for at least a month in case I lose it. So MaxKeiser.com folks are the only people I’ll tell!!
@ME(P)
I can’t think of a nicer person… CONGRATULATIONS AND BEST WISHES!!!
Scandal! – I took a pregnancy test tonight and it was positive; a rather faint positive, but still positive. If I don’t lose it, looks like we’ll be having a depression baby. Holy crap!
@ Max
Rofl hmm dont know ya well enough to know what ya don’t know
Ya seem to have a very good grasp of Financial Mrkts fer sure
Yuor sense of abstraction and conceptualization seems ta be very high on ta scale
Hic
sherri or anyone. So raising the debt ceiling does what. I’m guessing inflation in some way. But what use is it for the banksters. I’m guessing more loaning power to their buddies. War people ect.
The tab on the usa public is already unpayable. And they’re increasing it hugely now. I wonder what is really going on.
from Kremlin / Red Square where I think we were the only two
I remember getting Rusian Dolls one inside the other ;wat they called ??? well tis was during ta Cold war
Didja take a handicam ???
Woulda been fun fta see Max say some stuff on ta Red Square
Hic
Well It’s similar to the Scam after Scam after Scam we seeing now
Hic
I figure thier whole education is gonna cost 200 K each ?????
though with ta net n all I wont be suprised if an online free University starts
oh well then I’ll by tat Enzo when I’am bald & n need to Fly to Delhi Via Agra seeing ta Taj Mahal
in another 20 years time
Hic
Hic
Nighty night all – don’t let those gun toting rednecks bite
tats why I bought Land
4 sites 2 fer education of 2 kids
2 fer thier freakin marrages
ROFL
I have’nt found ta chick till now
Hic
@max, what about reverse economic hitman, ie, the 1″ punch and Coca Cola, etc.?
but how, just don’t by diet coke?
there is nothing wrong with having a vision – being a sceptical hardass is too easy in todays cynical world
@maxkeiser.com
Yeah we need some ads on here for guns, ammo, liquor stores and theme parks… er… ‘know your demograph’ I mean when certain people on here aint consumed with THE FEAR and screaming at the top of their lungs that we are all doomed, they like to pledge allegiance and waste time getting pissed promoting guns and trying to recreate a pathetic version disney world… america… what a joke… Huh
@Snoot
Well frances you have recognized dork in his drunken manifestation and i must say your powers of observation are distinctly feline in there there oh shit I am lost for words
Last hurricane my garage door, my side door, my screen porch, and part of my roof blew away. Never did find the door.
@Dork:
What?! Liquor stores and theme parks come in handy when one is feeling down after getting looting by Crist .gov/Inc.re-pub-lickings.
@snoot
You are not taking the bait Frances
shame I would like a good catfight
@Sherri:
The money was looked after by SBA and Jeb Bush. There isn’t any hurricane fund anymore.
Here’s how the newpaper explains the discrepency:
http://www.palmbeachpost.com/localnews/content/local_news/epaper/2009/05/30/a1a_cane_advance_0531.html
It’s all been swept under the rug as usual.
@Y’All
Liquor Stores and Theme Parks!!!
@ Frances
No idea what will happen with Florida. The good news is that they have a lot of agriculture. The bad news not often considered is that the largest home insurer in the state is the state. Their Citizen’s plan stands to go under if another major hurricane hits.
@ Frances
Now there’s an angle I hadn’t considered:
“At issue is how accounting rule changes for securitized assets will affect the FDIC’s long-standing practice of not seizing assets backing securitizations in a failure.
Under previous regulations, the agency kept its hands off of those assets if they met certain characteristics of an off-balance-sheet sale.”
I had thought that the capital requirements were the only major issue at hand with bringing those assets back onto the balance sheet. This really is an issue.
How is a economy truly to develop if it concentrates its energy’s on satisfying its proles – it would merely create better sofas and flat screen televisions
At least one section of the economy should concentrate on creating pyramids and other such ” non essential” ideas and goods
In short it should reach for the stars
http://www.youtube.com/watch?v=dpuEiL1drCI
oops wrong link hope this works
Sheila Bair:
http://www.youtube.com/watch?v=dpuEiL1drCIs Unfair!
@ jon
What should be up with that latest new debt ceiling is that the good people of the USA should be up in arms and up in the faces of those people in Washington DC who voted “aye” and in the faces of those people who proposed and approved the spending that could raise the debt. It will go higher after the elections this fall. Count on it. In the meantime, the hope is probably that the too few people who noticed and who care will have been distracted by the time November rolls around.
@Sherri:
What do you see ahead for Florida?
Sheila Bair cares nothing about the American economy:
http://www.financial-planning.com/news/FDIC-Securitiezed-Asset-Plan-2665053-1.html
@ Frances,
Sounds like the FDIC must be having to give some costly guarantees in order to find solvent institutions to buy the portfolios of some failed banks. BB&T required some solid backing by the FDIC before taking on the assets of Colonial.
@Sherri:
FDIC is planning on securitizing their illicit gains:
http://www.globest.com/news/1592_1592/insider/183405-1.html
@snoot
The apparent failure or partial failure of the nuclear power industry has very little to due with the technical difficulties of that industry – rather it is due to the dysfunctional nature of the capital markets that provide a gross subsidy to home ownership through the monetary system rather then the limited fiscal subsidies that are seen in France and to some extent other countries
@Y’All
No integrity!!!
Byrne/Eno – America Is Waiting.
http://www.youtube.com/watch?v=PTFIzLKaZj4
Trichet: ‘They have to reach the goals that they have fixed themselves’
@ Frances
I haven’t been following covered bonds very closely at all. They sounded interesting when the topic first surfaced a couple of years ago. Looks like Shelia Bair wants the covered bond origination to be limited because the covered bond holders are secured creditors who must be paid before the depositors. The concern is the potential cost to the already anemic FDIC.
Personally, I have always been favorably disposed to the concept. I KNOW my mother would love to invest in covered bonds.
ECB warns eurozone as markets plunge
http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=341154&version=1&template_id=48&parent_id=28
http://www.abalert.com/headlines.php?hid=67644
“Talf Expiration Triggering Floorplan Rush”
sherri, or anyone. So what is up with the allowing an added 1.9 trillion in debt that the congress passed today. Is this part of finding more liquidy in keeping the usa afloat so it can pay off its people so they won’t rebel.
@Max….you need to do a sesame street version of your show….complete with puppet on puppet violence…then maybe the people will understand….FFFahh…..Ed….FED..
@Sherri:
Do you understand the significance of the securitization market in the US credit-based economy? US market issuing covered bonds is subdued due to the Fannie and Freddie tap from Washington and the lack of a legal regulatory structure. Enter Canada:
http://online.wsj.com/article/BT-CO-20100128-717558.html?mod=WSJ_latestheadlines
Fitch represents European elite interest. US securities market will be subdued at the cost of our economy through basel 2 regulations concerning cmbs and abs. I sincerely doubt Congress will come to the US aide through any legislation allowing covered bonds! (While Rome burns….)
http://www.housingwire.com/2009/12/15/covered-bonds-need-legal-framework-congress-hears/
American small business and citizens suffer: not the large banks!
@ jon
Some of the Fed’s programs expired on Feb 1. Some of the easy money and easy big guy credit are not so easy now. It probably means a near-term drain of liquidity or an increased difficulty of rolling over debt, hence a need to raise assets to raise cash.
http://www.housingmatrix.com/hot-sheets/fedannouncements.pdf
Also, Bank of America is catching legal trouble in southern Italy for fraud in marketing their some sketchy paper. The authorities over there froze some of their assets. The Federal Home Loan Bank of Seattle is suing some of the big players over some over-rated paper. Is the regulators aren’t prepared to handle fraud before the expiration of the statute of limitations, the defrauded entities must start the process in civil court. I think we’ll see more legal action.
Here’s one of Denninger’s posts on market-ticker.org for January 29.
“Friday, January 29. 2010
Posted by Karl Denninger in Regulatory at 08:33
« previous page (Page 5 of 361, totaling 1804 entries) » next page
AIG: The Idiocy That Will Not Die
Why do I smell a Fannie/Freddie debacle in here?
AIG owes $25.8 billion on the line, about $2.4 billion more than last week, according to Fed data released yesterday. The draw has increased for six straight weeks. The company said in November that it may borrow additional funds from its five-year Fed credit line to make payments on maturing commercial paper.
Wait a second…. payments on maturing commercial paper? Why would they owe payments on maturing commercial paper that they purchased? I thought that companies paid to borrow, not the other way around?
Oh wait – perhaps it’s their commercial paper? Exactly what are they paying to borrow? And if it’s expiring, does this mean they can’t roll it over? How are these clowns funding themselves?
Hmmmm….. so AIG borrowed a bunch of money, perhaps from the Fed Alphabet Soup program) to support the commercial paper market, which they are now shutting down (as of February 1st), and they have a problem rolling it over in the private market? That would make sense. But if they can’t roll it over in the private market how is AIG going to be handling it’s ongoing short-term financial needs?
These sorts of arcane things may not pique the interest of most Americans, but it should. AIG is now a ward of the state, with some $180 billion in money pumped into or through them. And while their AIGFP (financial products) division was at the center of this mess, writing credit-default swaps against CDOs that couldn’t be reasonably valued in the market (due to their thin trading and no agreement on their value) with no money to back it up, the question remains – had AIGFP gone bankrupt along with the holding company would it have mattered to the regulated insurance subsidiaries?
Indeed, the entire point of structuring insurance businesses this way (every state has its own separate subsidiary) is to allow the firm to take one of their subsidiaries through bankruptcy if necessary without destroying policyholder interests in other states! Just go ask all the “Pup Company” insurance structures in Florida, for example, where you have “Joes Insurance of Florida” that is legally and financially distinct from “Joes Insurance” – very handy when a Cat 5 hurricane comes roaring across the state and lays a couple of cites waste!
I have seen nothing other than a bare assertion that we “had to” rescue AIG to prevent these policyholders from getting screwed. Indeed, over the years we have seen multiple instances where insurance company subsidiaries “blow up” and yet the impact remains contained to that specific subsidiary. This is not an accident, it is in fact by design!
So now with AIG as a ward of the state one has to, I believe, ask one simple question – how do we get out of this, and why are we continuing to pump money into AIGFP instead of severing the cord so the remainder of the company is protected?”
Plenty happening. I think the dollar is up because the big players are scraping up cash in USD in order to be liquid domestically and internationally.
@KarmabanqueRadio
To anybody who can’t stand Max’s singing, you haven’ heard anything until you’ve heard the Max Keiser sub-prime blues:
http://www.maxkeiser.com/max-articles-interviews-and-quotes.php
I have a hard time adjusting to people who claim an epiphany AFTER they have made their fortune in the capital system: they seem only to want to consolidate their advantage.
And money only represents advantage and nothing more.
Simple questions often lead to astonishing answers, Norcalkid.
The international-empire corporate is not done: it is just getting its sea legs.
snoot, my dad didn’t have a flag one time and at republican meeting many years ago at thier house. So he had all these republicans pledge alligance to thier refrigirator supposedly in place of a flag. For some reason it seemed very fitting.
@Frances, I never understood the pledging to flag thing either.
At any rate, looks like the empire is done… time to stick a fork in it.
@Norcalkid:
The pledge we’ve been saying hasn’t changed: we’ve just awakened to the nightmare.
Why for the love of heaven are we pledging allegiance to a FLAG?
front men don’t have to know anything
http://www.turkishweekly.net/news/97029/europe-encouraging-nuclear-energy-39-renaissance-39-.html
“BRUSSELS (IDN) – Backed by energy-related corporations, the European Commission and individual European countries are backing nuclear power resurgence in Europe and beyond its borders.
This is indicated by the launching of the European Nuclear Energy Leadership Academy (ENELA) and the signing of bilateral agreement between Spain and Jordan to cooperate in the field of the peaceful use of nuclear energy, including for power generation and water desalination…
AREVA, a co-founder of ENELA, is the leading U.S. nuclear energy supplier with 6,000 employees. The company is making significant capital investments to develop the infrastructure to support a U.S. nuclear resurgence.
The group is already involved in the revival of nuclear energy in the United States where its EPR reactor is currently undergoing certification by the Nuclear Regulatory Commission (NRC).
Certification of the EPR reactor is currently underway in the United States. The EPR technology has been chosen by Constellation, PPL, AmerenUE, and Amarillo Power for a total of six potential reactor construction projects. It is also under evaluation by Duke Energy as well as Fresno Nuclear Energy.
Welcoming on January 29, President Barack Obama’s State of the Union Speech, in which he cited the need to build “a new generation of safe, clean nuclear power plants” in the United States, AREVA said that it would encourage construction of new nuclear facilities.”
norcalkid, wow , sorry you’ve had so much trouble. I myself never had much and I guess am glad cause I didn’t have much to loose. I live on a modest little ranch in montana now. I pledged along time ago to simplify my life. And am glad I did. All my relatives have far more money but far more problems. And they appear to be far more unaware of whats going on in the world. I’m sure their motto is “As long as uncle sam is mean and powerful we’ll all be fine.” “Just give us money so we can live a selfish lifestyle”.
sherry, supposedly the nikkie exchange is the important one to watch. down now 292.
i don’t know what the stock exchange means anymore if anything. Its all propped up with our bankster bailout trillions. I guess its some kind of measure of when were really offically in a depression and then next will be war. Or vice versa.
http://online.wsj.com/article/SB10001424052748703405704575015280023625748.html?mod=WSJ_hpp_MIDDLTopStories
* BUSINESS
* JANUARY 21, 2010
Paris Urges Areva, EDF to End Spat
OK, let’s try this one….Barrack Obama knows as much about economics as Max Keiser knows about …..Haberdashery? Taxidermi? Nichomachean Ethics? Pythagorean commas? (accent on the third syllable) 2 Machabees? Vespa two strokes? Slonimsky’s Thesaurus of Scales? (I don’t know – maybe he does know all this stuff).
http://www.onlineathens.com/stories/012310/opi_553399863.shtml
Forum: France no example for nuclear power
By Linda Gunter – Commentary
Published Saturday, January 23, 2010
Late era “boomer” here- 1958. We were too young to really get ahead, I graduated college just as Ronnie Raygun became Prez. Didn’t own a house until the mid-1990s and had to sell it because late husband lost his tech job (thank you WorldCom… bastards). We were lucky enough to take the proceeds from the sale and buy land and a doublewide out in the country. It is all I have left after the medical bills and bankruptcy.
I am not worried about financial investments, there are none left. Retirement planning?? Ha. On the other hand, I can live on around $600/month for house payment and utilities. Rather than focus on earning money, I focused on reducing costs and simplifying my life. I am busy sorting through my possessions, and giving away anything I don’t need or cannot use. I fight the banksters by refusing to play their game.
I have come up with a new American pledge:
I pledge allegiance to the flag
of the Corporate States of America
and to the kleptocracy for which it stands
one nation, under thrall, intentionally divided,
with poverty
and serfdom for all.
(permission to use granted, improvements requested)
NIKKEI down 271 pts at the moment.
@In2dwww
“The higher the dollar value, the deeper in debt the US becomes. It’s a Thing of Beauty in reverse… Beauty and the Beast!” —-> how true!!
i wish i could speak English fluently just like you guys, then i would have been commenting more frequently with some degree of depth of issues.
anyone notice the news regarding climate change on the ticker during the show?
@Tony……I agree…this guy is as fishy as that Zeitgeist nonsense.
marc authier. So what does that mean that the uk is gonna fall apart. What comes next for the uk and everyone else. Is it a domino effect about to happen.
@ Youri Carma
Under the IMF method which now is used on the U.S. and Europe
IMF same exact four-step program.
1 Privatization ‘Briberization.’
2 IMF/World Bank capital market deregulation allows investment capital to flow in and out the “Hot Money” cycle.
3 Market-Based Pricing, a fancy term for raising prices on food, water and cooking gas
4 IMF and World Bank call their “poverty reduction strategy”: Free Trade- “The IMF riot.”
—–> That’s a great summary. Thast exactly what they have been doing and will do. They are gangsters
Markets Fail When Humans Are Unregulated by Paul Craig Roberts http://tinyurl.com/yeu3wcd
in2dwww, if ya can. Try and start your own buisness. STart very small and build on it. I don’t know what you can do but I’m very glad I did it over 30 years ago. Before that I worked for everyone and everything to make a buck. And made good friends but I hated the jobs mainly cause I was just being used. Anyway something to think about.
And my job for the last 30 or more years now has been refurbishing houses. Or fixing them up. For some reason I like to do it and so I do fairly well at it. Thats what you have to try and find. Something you can take pride in and and somewhat enjoy. CAuse after all its still work and you do have to kiss butt with the people that hire you. But I just think of it as being nice to them.
I have a nagging feeling that the PIIGS are not alone in this situation. Naturally the speculators like a flock of chickens are picking at the weakests in the bunch. Who’s next ? Italia ? Ireland ? And then la pièce de résistance UK.
So you guys are in Russia. Have a good time. And thanks for the good show.
Jim Rogers says the UK is “finito” “kaput” “finished”.
The United Kingdom’s Chancellor of the Exchequer Alistair Darling says British bonds aren’t as risky for investors as famous investors like Bill Gross and Jim Rogers say they are.
Gross wrote to investors in his monthly outlook that “the U.K. is a must to avoid. Its Gilts [bonds] are resting on a bed of nitroglycerine. High debt with the potential to devalue its currency present high risks for bond investors. In addition, its interest rates are already artificially influenced by accounting standards that at one point last year produced long-term real interest rates of 1/2 % and lower.”
Jim Rogers told Bloomberg recently that the U.K. is “finished.”
@jon: I did hit rock bottom a while ago. I’m fine now, but my friends all look at me and worry because I appear to be 1 year ahead of everyone.
I have made many discoveries, and the most important to me was that people and things can wait. Nothing is urgent. Urgency is what has been programmed and conditioned into everyone over the past decade. Does anyone remember those stupid commercials for breakfast cereal bars? Oh, you needed them because you don’t have 10 minutes to yourself – crap like that. It’s nonsense.
The problem during a job hunt is that nobody has the courtesy to respond to a resume submission. Whatever happened to “Sorry, your skills don’t match our needs” or other explanation? It’s unprofessional and rude to not respond to someone who provides you their resume. I take note of the companies that don’t respond and chock it up to an intelligence operation: layoffs are imminent for them.
Is this clown joking? Let’s all send letters to Nike and ask them to unload the sweatshops? What a complete freakin’ idiot. I read about half of his book. I got tired of his ego, and besides he wasn’t really breaking any new ground. Any thinking person already knew this sort of thing was going on.
And now his grand advice to the masses sounds like it reads from one of his old CIA manuels. Or maybe the Parallax Corporation. Yeah, sure, he quit. Right.
Chanos’ Parting Shots
http://www.cnbc.com/id/15840232?video=1404554817&play=1
oh. if you see snoot or the skinny fucker. give them a hard time.
@Marc A
I think we need a list of companies to avoid and companies to support.
about the chickens coming home to roost it was easy to see that buying slave labor products could never have produced a positive outcome.
strange that perkins said tibetans made deals. I would imagine he was referring to chinese politicians or tibetan sell outs making deals to rape tibet.
well ok over and out. bye y’all
ron ron. Whoops. i was born in 53. Maybe I’m only 56 now. I thought I was 57. Geez. Anyway welcome brother april fools kid. Geez , I sure got razzed alot about that. And when people find out I was born on april 1st they always say ” that makes sense”.
Staged Terror Attack on Detroit Flight Vid http://www.youtube.com/watch?v=i2x05ikPcnE
I’ve also taken a leaf from the Banksters’ and added to my resume:
PAST PERFORMANCE DOES NOT GUARANTY FUTURE RESULTS
ind2dwww, just know that all that really matters is you like your job. Or sort of like it. And your good to other people. Try to go the extra mile for people. CAuse they always are wanting. And don’t loose your cool around stupid ignorant people. They just don’t know any better.
YOu’ll do fine. As long as you’ve got a good head on your shoulders.
@jon. well if you truly were born on fools day like i. yes it’s strange. 1952?
@jon: I have a few simple principles:
1. Keep the money in the family (ie: if my brother can’t afford rent or find a job, he can stay in my home and get back on his feet).
2. Never own more than 10% if you don’t plan on keeping it (my iceberg principal).
But now I’m ready to take it to the extreme: GET OFF THE GRID!
I grew up in an affluent part of Los Angeles, so I run in slightly different circles. I do feel that current college grads are douche bags – and I can’t really explain why, perhaps it’s their ignorance, but that’s where I put the age cutoff at 25. I do have hope for the graduates 5-10 years from now, because they will have endured a hell of a lot, just like I did in the 90′s.
Right now, my friends are scattered across the country, and most are barely making it with an unemployed spouse and 2.5 kids. They, like myself, blame their problems on the choices that they made. It was bad timing, bad decisions, etc… But we certainly don’t consider ourselves victims. We do feel that it takes low pride to go on the unemployment dole. To us, unemployment is the lowest, last ditch move of someone weak. After I filed for unemployment, I realized that I was simply taking what I was entitled to – so IT’S MINE AND I’M HAVING IT.
I was a little kid in the ’80s and my family was in real estate. Life was good. After the early ’90s, and just before the .com boom, life sucked.
My friends and I entered the workforce in the .com era in CA – so life was brilliant. Most of us fared well through the .com bust and we simply entered into the next step in life: homeownership. I bought my first condo when I was 22. I sold it 2 years later and pocketed $80k. My next property, which I bought in 2003, is worth today what I paid for it 7 years ago. I still own it. Most of my friends who bought after 2006 are in deep shit.
Overall, we don’t embrace Twitter, FaceBook, etc – because we can see past the motives behind that technology. I was the first to kick the cell phone – I’ve been cell-free since 2008. My friends are now seeing the advantage of unplugging.
My latest kick has been getting around the country by car. As a kid, I loved to get on a jet and head somewhere “cool” because it was fun. Now, I don’t want to think about it… all the civil liberties thrown out the window with the shoe nonsense, the liquids ban, the excess baggage fees – why even bother? I feel like the cage gets smaller every day.
My only salvation is my tactics with fucking with American Express, Discover, US Bank, and all the other creditors who can’t respond in time, break the FDCPA laws, and basically don’t have the manpower that can comprehend any of the letters I send. I’ve been on a warpath with the banks ever since Charlotte, NC left a bad taste in my mouth.
My savings was raped by NC – and it only took a few months to figure out the network there. It was the asinine leaders and residents in NC that failed to see where the tax money was NOT going. NC is America’s Industrial Park – and you’ll only know this when you visit in the winter.
I have some friends in Seattle, WA who can’t fathom leaving simply because there’s nowhere else attractive and affordable. They have 3 kids and can’t go back to CA because 4 bedroom home for $800/month isn’t going to happen.
I liquidated my retirement back in 2007. I have nothing saved up. I don’t have any credit cards. I have 2 cars and 1 townhome.
I’ve done the math, and paying 6% on a 30 year mortgage is cheaper than paying 3% on a 45 year retirement account with the banksters.
ron ron, too much. I”ll be 58 as well on april 1st. Too much. I guess were related in some way. Thats too funny.
Gold will be $2000 at the end of 2010 – CEO of US GOLD.avi
http://www.youtube.com/watch?v=T2QQUp7JkcU
ron ron, the pensioners are okay now. But you wait. They’re free ride could be coming to a crashing halt. They looked so nice in their clean cloths. Those days will be a thing of the past pretty soon. The sad thing is they don’t even know it. Gonna be a surprise I guess.
@jon. i will be 58 april 1st. vietnam? update.
@jon. private sector boomers are fucked. public sector boomers got lots. apples and oranges.
ron ron, I’m 57. And will work all my life. Mainly cause I like what I do. But us boomers had the viet nam thing. And we won that one. Screw the military industrial complex owned and controlled by the banksters. Now its another generations time to stand up against tyranny. Though I”ll be there if needed.
I knew better than to vote for Obama. Look at who his backers were, they were not in the DLC!. (What is the “Alexander Hamilton Project”)
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=4775
@jon. you said boomers. i’m not rich in money. still a dreaded boomer.
ron ron, they don’t listen of course. Everything will always be the same. Or the usa is so powerful that it will always take care of us. Even if it has to kill off most of the rest of the world to keep our pension checks coming in. Geez. Sometimes i’m not too proud of my family.
@Max
Obama is just pulling the usual bumbling idiot routine, do you really think he doesn’t know anything about finance?
ron ron, I’m the only one in my family not on the dole. my relatives were either big mucky mucks in the corporate world or federal employees. They all had one thing in common. They are good at bootlicking and toeing the line but sure whine alot. I keep telling them to get organized for the future on their own cause big brother is probably gonna take your pension checks away pretty soon.
@jon. your family included?
in2ndwww, the industrial/corporates have owned and controlled the usa for decades. Possibly back to the civil war. Where it was all originally set up.
A question to you. Do alot of your age group realize the usa is really a corporate owned state. Most , all, or some?
I guess you know alot of older folks have been brainwashed to beleive the usa was a soverign country. Even though most were basically just state/government employees waiting for their pension/welfare checks to roll in. What could a should happen is those bootlicking pensioners will have their pensions cut off. Then watch how quickly they hear the truth. A little late. But it will be interesting their reaction to being stabbed in the back.
Is Ken Lewis About To Drag Down Bernanke And Paulson With Him? http://tinyurl.com/ybeljfo
@in2dwww. last boomers born in 64. 25 more years? let the good times roll.
25-35…. I mean.
@Palantíri: The US never cares about it debt because this country was bought and paid for a long time ago. But without debt, the $45,000 that every American owes it’s government, for instance, there would be no catalyst for productivity. But seeing how productivity is measured these days, it doesn’t make a difference. In the end, I personally will strategically default because I adhere to my Iceberg Principal. The US will default once the baby boomers (I like to call them GENERATION RX) die out. People like me, 25-25, don’t give a fuck what happens to this country.
@Marc Authier
This an example of the Hegelian model. Both sides being worked to achieve what the global ruling elite want. Labels of socialist, capitalist is of no consequence. The end result is control of a country through debt which is now indebted to the World Bank.
@maxkeiser.com
oh yeah… I forgot to say er… a while back, rope a dope??? erm, The Rumble In The Jungle!!!
Baloji feat: Konono no 1 – Karibu ya bintou (Welcome To Life In Limbo)
http://www.youtube.com/watch?v=cUVxhvjc5O0
Peter Schiff…
Sovereign debt crisis?
http://www.youtube.com/watch?v=nwcv70wW_FI&feature=sub
Camel burger newest “healthy” option on Dubai menu. Burger can be washed down with a Camel Milkshake http://www.ansamed.info/en/top/ME13.XAM17403.html
@Palentiri. no put. max moves to a different time slot. were fucked. hahaha
@Palantiri.
Know how dominoes work ? Financial markets are all linked together. You just need ONE big domino, or even a very small domino like Iceland or Greece to set of the chain reaction.
Here
http://www.koreus.com/video/bakuten-maison-domino.html
Really perverse.
Max did you wash after the flight lol.
i can play that on the 7 position trombone. hahaha
oh when those saints come marching in, oh when those dollars come marching home. you don’t want to be in this number. when the dollar comes marching home.
@Palentiri. wouln’t worry too much about browns bottom. hahaha.
@Palantiri. yes the bejing put.
Bankruptcy emergence in U.S. doesn’t ensure success http://tinyurl.com/ycpkjl7
@in2dwww
Thanks for the description. Don’t think anybody will be spared. Productivity in the US is up 6,2%. Now I know how. And it’s just the beginning.
@Stacy – (sovereign debt defaults – a modern age style jubilee?…is it possible) What puzzles me is why this happens at the same time all over, I mean, the news of Greece and Spain and Portugal is not fresh, the market have known about it for some time.
@Youri Carma – Faber and McAlvany also predicts drop in gold price to between 950-1050 for then to rise again.
@in2dwww – there could be a connection but I don’t think so, for decades the US has not cared about its debt as long as they manage to pay the interest, in contrast the debt is growing ever larger with or without strong USD.
@ronron – the ‘China put’ you think of?
http://www.alternet.org/story/145543/top_intel_officer%3A_u.s._may_kill_americans_abroad
Here is the link. US Intel official says US may now kill US citizens abroad.
The USA is more and more like the ex USSR and Nazi Germany.
Top US Intel official says that the USA may kill US citizens abroad.
http://www.youtube.com/watch?v=HpiMDmx5KXo&feature=player_embedded#
Like I said. Freedom is nore more American. Nothing left to lose.
Welcome to United Slaves of America. It’s specified US CITIZENS.
.
@Marc Authier: Spend any time in Charlotte, NC – BofA AND Wells Fargo are there – and you’ll discover that it’s all about oppression. I’ve restrained myself from exposing something for too long and I’m sick of holding back, so here it goes:
Here’s how it works in NC:
1. Large corporations were lured to NC with the incentive of low/no taxes.
2. Massive influx of businesses spurs massive urban sprawl.
3. New housing is built like wildfire – sans proper urban planning (roads suck, water is gross, air is polluted, I could go on and on).
4. Employees are paid marginal wages and taxed on everything (ie: storm water fee – yes, you are taxed in Charlotte whether it rains or not). “You’re lucky to have a job” rings true with these companies in NC. Case in point: TIAA-CREF laid off people 4 months after opening a new office and transferring people to Charlotte from New York. Job transfer, 4 months, unemployed – how fucked up is that?
5. Corporations in NC don’t even hire directly – they use head hunters. (I prefer to use the proper term: AUCTIONEERS).
6. When a project ramp-up occurs for some just-in-time (JIT) stroke of genius, the slaves (NC residents) are summoned by the auctioneers to submit their resumes. An intelligence opertation ensues and if you are lucky enough, you get a 3, 6, or 12 month contract at a corporation (I like to use the term LABOR CAMP), you have the ability to pay your overdue property taxes on your car.
6a. Bear in mind, the contract doesn’t really mean you are guaranteed work for 12 months – the labor camp can/will cut you loose at any time.
7. It’s so bad in Charlotte, NC, that the offramp, EXIT 4, from 277 (277 is the freeway that rings around downtown Charlotte), leads directly, and I mean DIRECTLY, into the parking lot for the courthouse. They have wasted no effort in extorting all who dare go to NC.
Dominque Strauss-Kahn at the IMF and Robert Zoellick at the World Bank are both former Goldman Sachs vice-presidents as is Mario Draghi at the Financial Stabilization Board. Draghi is a candidate to replace Trichet at the ECB. DSK told Latvia to close half of their schools and hospitals.
All of these men are hit men.
@FS…I did cite your name and where you posted it…maybe not on all but I posted as a hey what yall think about this??
@ronron
I have already 7 holes in the face. It’s enough. Have they started to check the holes for explosives at the airport ? Hole body scanners. Hole boby snatchers. Hitmen are country snatchers. It’s United Slaves of America turn. Perkins is right on this. They won’t hesitate to do it even on US citizens. The people at the CIA are slave merchants. Going back to their American roots. Back to the plantation.
Freedom is having nothing to lose like they say. F–kin Criminal International Assasins. Ron Paul is right. The CIA should be put out. This Ron Paul has titanium balls.
Things are really starting to sound dire. Mainly the global elite need something big to save themselves. I’m seriously thinking of building a bomb shelter now. But I’d have to wait till april cause the ground is frozen here in montana.
After reading Dians piece good link to repeat: Traders Churning Derivatives Like Never Before As Volume Soars 20% http://tinyurl.com/ybzqw5k
@in2dwww
Never thaught of that. It’s true. Interesting. The more the US dollar goes up, the more the debt becomes unbearable and the more money US owes to foreigners. Destroy the dollar to destroy the money owed to foreingners. It’s not working for the moment.
Foreigners Caused America’s Financial Crisis? A Closer Look by Dian L. Chu http://bit.ly/bYiCW0
@M/A. you need a list like you need a hole in the head. chill.
@ronron
I know. I would like a list. It’s very useful to have a list of the main hitmen. It’s not that difficult. Probably he is scared of getting whacked. They don’t care in reality.
@Palantíri – Because when the value of the dollar goes up, it effective makes it harder for the US to pay off its debt. If the dollar suddenly became 10% of it’s current value, you’d have inflation – and it would be easy to pay off foreign debt without speeding up the printing press.
The higher the dollar value, the deeper in debt the US becomes. It’s a Thing of Beauty in reverse… Beauty and the Beast!
btw what Paulson said is ridiculous: Russia’s economy contracted 7.9% in 2009 http://tinyurl.com/yg9bta5
Got another one from France. Dominic Strauss Kahn. Can’t be at the head of the iMF without being a hitment. They are all hirment at IMF. This one pretends to be “socialist”. Very funny, A “socialist” hitmen.
@M/A. this guy is here out of remorse. go easy.
Trichet a french hitmen. Absolutely.
Nice. Perkins should identify who are the main hitmen. Obanana is one of them. That’s for sure. But the list must be fairly easy to figure out. We want the names of these hitmen. Be more specific. Is Lloyd Blanfien one of them ? How about the european hitmen ? The british hitmen ? The chineese hitmen ? We want a list.
Would be real useful.
@Youri – yep; it will be short lived again
@@stacyherbert @Palantíri
Forgot to say that I think this dollar up tick will be short lived and as the panic spreads gold will gain.
@Palantiri. i have a different take than stacey on the other thread.
@stacyherbert @Palantíri
Yep, that’s what I wrote in my 2010 predictions “2010 will be the U.S. debt concern year ” http://tinyurl.com/yg8cgto but better is what you say “2010 will be the sovereign debt concern year”
It’s even worse than I initially thought cause I predicted that the first quarter would be the “dead cats bounce” which it still is to a certain degree but if you read between the lines you see the economy still imploding further with higher unemployment even in January
Initial jobless claims at highest level since mid-December – 480,000 last week http://tinyurl.com/ybztlbe
@ Palantiri
IMO, going into another liquidation cycle. BAC will be hit badly. Sacrificial lamb for the too big to fails.
http://www.youtube.com/watch?v=JtnWdgs3i-A
A lot of US treasury financing this week. What incredible timing indeed. Trichet should be put in prison. That crook continues saying insanities like he sure Greece will be paying off its debts. French bankster moron. With what ?
Like in BANANA REPUBLIC USA. Welcome to the plantation US Slaves.
@Palantíri – don’t laugh, but the dollar rally is ‘flight to safety’ because of Greece, Spain and Portugal . . . the huge fall in markets will also be causing people to sell lots of their good stuff to make up for their losses, same ol’ stuff . . . this is the year of sovereign debt defaults in Western economies this time around so expect A LOT of this in 2010
Like I said Obanana.
Ron Paul Calls Out the CIA 1988-2010
http://www.youtube.com/watch?v=x04FuFj6wm8&NR=1
Why the deep drop in Gold and good climb in USD?
Even after a record deficit budget has been announced…
Short positions in USD unwinding perhaps? but then again why should the gold drop if so happened.
Well; Stocks, Commodities Plunge, Dollar Gains on Debt, Jobs Concerns
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8ajRZqBemfs&pos=1
Dr Dick,…You aren’t a ghost writer by any chance?
(I know, lame,.but I couldn’t resist!)
To hook in on the book “confessions of an economic hitman” by John Perkins
Under the IMF method which now is used on the U.S. and Europe
IMF same exact four-step program.
1 Privatization ‘Briberization.’
2 IMF/World Bank capital market deregulation allows investment capital to flow in and out the “Hot Money” cycle.
3 Market-Based Pricing, a fancy term for raising prices on food, water and cooking gas
4 IMF and World Bank call their “poverty reduction strategy”: Free Trade- “The IMF riot.”
From: The Globalizer Who Came In From the Cold by Greg Palast http://tinyurl.com/5rdqkl
Fairly easy to solve the problem with the hitmen. They all are member of the FED.
U.S. jobless claims and growing sovereign debt derail economic recovery http://tinyurl.com/yl4og34
oh well, someone else posted it I see…
Obama Calls for End to NASA’s Moon Program 1 February 2010 (The New York Times) http://tinyurl.com/ydlqyro
@naomi
This link is to the whole speech John Pilger gave that you saw a small clip from in the Keiser Report. An Excellent speech I must add.
John Pilger – Obama and Empire (32min)
http://www.youtube.com/watch?v=gXL998q7skI
@namarama. i too like the docs style. reminds me of myself. hahaha.
Boom!
Here comes ‘catastrophe wave c down’ folks.
Ha! Thats what Bob McHugh calls it anyway.
Don’t tell me that the markets are finally following reality?!
Link for Pilger “Obama and Empire”:
http://www.youtube.com/v/gXL998q7skI&hl=en_GB&fs=1&“>
Link for Pilger “Obama and Empire”
Hi Max&Stacy
About the paulson in beijing part, wasn‘t it during the olympics that georgia attacked the russian enclaves and got whacked by the russian bear?
Do you remember how dubya was back on the booze in beijing,making a complete ass of himself,fondling beach-volleyballers,embarrassing everyone?
Maybe, just maybe bush and cronies were told in clear words that their game was up by Hu or Putin,which led to the looting to go into overdrive.
And Stacy,I too was wondering how the US this week seemed to be even crazier
than ever before, and my scary explanation is this:
They are ready. The people who sent john perkins and his buddys,who have installed bush and obomba and all the other actors to keep us quiet, have stashed
away their(our) treasure and are ready to run.(or fly or hide in a bunker or whatever
these scumbags do)
Damn interesting times.
@ Dr R
well said.
John Perkins don’t like sweat shops nor slave labor! Hmm. Somebody tell Mish.. because that sounds suspiciously like a dirty commie TRADE UNION supporter to me!!!!! Don’t like slave labor?? Damn unions! Next thing you know they’ll want legal binding contracts and such other commie things!
BLS Overrepresented Payroll Data by over 1.8 million jobs over the past 20 months (Scroll down for more) http://tinyurl.com/yl38u37
y’all remember this?
http://www.youtube.com/watch?v=tPEO2_HMx9U
@namarama. temporary glitch. no worry’s.
MasterCard leads financial-sector losses on consumer woes http://tinyurl.com/ylqeujq
Delta Air Lines’ January capacity and traffic fall 5% in January http://tinyurl.com/yc23gx7
The Commonwealth Club? Sounds Tory to me. Cricket; white socks; tea on the lawn; support the Queen’s interests.
@ ronron.
Our gold.
better?
@namarama. fuck your gold. what about mine. hahaha,
Thnx Max Stcey.
Was all the fuss at the embacy this past week because of the shows content tonight ?
Great guest, Great show.
my poor gold is tanking
Hey guys,
Can you post the link to that video where Piliger is speaking?
Initial jobless claims at highest level since mid-December http://tinyurl.com/ybztlbe
Self Employment in U.S. Climbs, Reflecting Lack of Other Jobs http://tinyurl.com/ydkmmcf
Government has overrepresented running payroll data by over 1.8 million jobs over the past 20 months 3 February 2010 (Zero Hedge) http://tinyurl.com/ybvchtc
“Global regulators are working on proposals for a central agency to manage bank failures, Financial Stability Board chief Mario Draghi said on Saturday.
“No matter where the failure would come from, no matter how big the institution is, we want to be in a position to manage this failure in an orderly fashion,” he said in an interview with Reuters Insider television.
“We want to have an authority or an agency or whatever which has the power, the funds, the budget and the competence to manage failure in an orderly way.”…
Countries like Britain and the United States have already come up with their own bank plans, with the US proposing limits to banks’ size and trading activities.
The FSB, which aims to report back on recommendations to handle “too big to fail” banks in June, has welcomed the US proposals but said they were among a range of options the FSB was already considering.
“At the present we are actually analysing all these ideas whether we should have capital surcharges for institutions that are too big to fail or systemically important, whether we should have contingent capital for these institutions.”
Participants in the closed-door meeting said it made some progress on bank capital requirements, but skirted the issue of a global insurance levy to make sure that banks — not taxpayers — pay for future mistakes.
“Action needs to be seen. I should say a lot of progress has been made but much more needs to be done by the regulators, especially in the area of capital regulation,” Draghi said.”
http://www.moneycontrol.com/news/world-news/fsbs-draghi-says-mulling-bank-failure-agency_439021.html
Progressing toward international clearing union and sdr/reserve system. US is seen subordinate to the Financial Stability Board by Draghi (with a transfer of power evident from the Fed to some, most likely the IMF, central clearing union).
When is the IMF reweighted the sdr in 2010?
stacy and max, way cool. Have fun in russia. my aunt went there and got robbed along with a couple other old ladys in thier group right on the street in the middle of the day. So be careful.
Anyway enjoy. I guess your all there for a reason. HOpe that works out.
I’m working on my book right now. It’s called “DIVE, DIVE, DIVE!” and will explain how to avoid debt slavery in the US (used to pay off the +$14T debt). The book will then be followed up with “Uncle Obama’s Cabin” – which will “esplain” a day in the life of an American who’s been unemployed for more than 1 year.
I’m also working on an underground railroad that leads to an underground brewery and Bacchus lair somewhere in the middle of the Atlantic. I’m going to call it “Atlantis.”
@Max&Stacy … G R E AT S H O W !
You both put all the MSM journalists to shame.
Great ( and correct ) insights.
The appearance of Jon Perkins .. perfect timing !
Our paper the Telegraaf reports Dubai has found oil..
@stacy – have fun and post a photo of you guys if you can!
Ken Lewis of Bank of America charged.
Scumbag american bankster. It’s too nice. No chance for 200 years of prison.
http://globaleconomicanalysis.blogspot.com/2010/02/former-bank-of-america-ceo-ken-lewis.html
Stacy and Max,
great show. I saw Perkins on youtube about a year ago and wondered when his book and the information contained in it was going to break out.
Keep up the important work!
@Sherri …his first thought was along the line of “That sounds like a planned economic hit against Iceland.”
Looks like I beat him to it !
You guys are doing excellent work!
Allllllrighty now. You got in John Piliger explaining the “job” that Obama had as a operative of the CIA ! whooo hooo. This information has been trying to get legs for a long time. Thank you Max and Stacy.
John Perkins recently spoke at the Commonwealth Club in San Francisco. During one of his comments he stated that when he heard about the collapse in Iceland, his first thought was along the line of “That sounds like a planned economic hit against Iceland.”
Hey, check this out: http://finam.fm/announce/
Scroll down . . . we’ll be on the radio tomorrow night here at 9pm. How fun.
@Y’All
Keepin it…ON THE ONE Y’ALL!!!!