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Most recent: 
stirbe und werde:
I’m afraid I copied the word in German incorrectly: above is the correction. Werde. It is rather famous, Youri, haven’t you heard it before?
This report makes me wonder what sort of mushrooms the U.S. Ambassador to Japan John Roos, is having for breakfast.
http://www.nni.nikkei.co.jp/e/fr/tnks/Nni20100210D10JF244.htm
Ab DinnerJacket has an Anouncement today
Hic
3 news reports that made laugh this morning
If you dont know, 70million Yen is close to 800,000 Dollars in CASH in a shopping trolley.
http://mdn.mainichi.jp/mdnnews/news/20100209p2a00m0na020000c.html
I wonder what this mans first thought was when he woke up on the mortuary slab!
http://mdn.mainichi.jp/mdnnews/news/20100211p2a00m0na002000c.html
The Chelsea oligarchs crushed by the Everton workers
http://news.bbc.co.uk/sport2/hi/football/eng_prem/8502608.stm
Yep, a whitecollar worker in the end still has to pay the greencollared worker http://www.guardian.co.uk/politics/2010/feb/11/gordon-brown-bank-tax-plan
Subversives now need to register or face a fee in SC http://tinyurl.com/yc4a77x
By “subversive organization,” the law means “every corporation, society, association, camp, group, bund, political party, assembly, body or organization, composed of two or more persons, which directly or indirectly advocates, advises, teaches or practices the duty, necessity or propriety of controlling, conducting, seizing or overthrowing the government of the United States [or] of this State.”
Form fields (From the pdf http://tinyurl.com/ye8lz83):
Name of Subversive Organization
Name of Chief Agent of Organization
Check the appropriate box.
Do you or your organization directly or indirectly advocate, advise, teach or practice the duty or necessity of controlling,
seizing or overthrowing the government of the United States, the state of South Carolina or any political division
thereof? [ ] YES [ ] NO
Whahhahahahhahah!! UberLOL..
Corporations are included, now we can file cases acusing them to refuse to register. I think as an act of defiance we should all register..
@Max Keiser Great show, as usual. The documentary you mention about subsidized corn is actually called “King Corn” (2007) http://www.imdb.com/title/tt1112115/
Enjoy the music.
Tommy Emmanuel’s Questions and Stay close to me played with Gayagum.
Gaya means the name of old kingdom of korea, gum means string instrument.
http://www.youtube.com/watch?v=rvWByNj4zsc&feature=related
http://www.youtube.com/watch?v=71oA7vX-C_M&feature=related
Vibrato created by this instrument is just wonderful.
@JGIR,…What excellent taste in music,..cheers! : )
the last one, I promise … http://www.youtube.com/watch?v=G4XgxduIv_0&feature=related
one more time … http://www.youtube.com/watch?v=J785HYMjXSM
Howdy, lets close our eyes and disconnect …
http://www.youtube.com/watch?v=LlvUepMa31o&feature=fvw
@cd
Oops! don’t get me started… I don’t mind the ‘chit chat’ that much suppose it’s like social glue… but I think the site needs more new people like you, or some of the older posters back… either way there seems to have been a lack of diversity for a while… selfish power posters….. it seems to be common on all websites!!!
@SG – I know what SNAFU stands for. I was attempting to inquire as to more specifically, what do you think is FU’d on the site?
Are you referring to all the irrelevant blather coming from certain writers who seem to intentionally dilute the threads when good links are being put up by others?
@cd
Situations Normal All Fucked Up!!!
@SG – what’s the SNAFU?
@SG – what’s the SNAFU?
@GGees – Thanks for that run down.
Makes me realize that there are some serious G’s involved.
@Y’all
maxkeiser.com… SNAFU!!!
http://www.wimp.com/economistbattle/
Alister, all talk less action by summers or anyone working in washinton or wall street.. The banksters have a great thing going now. Totally steal from everyone and have their crimes excused by laws they set up. Sweet deal for them.
Larry Summers: US Must Reform Banking Lobby
http://www.youtube.com/watch?v=gDc3pJZBSOw&feature=sub
Try this for size——-
…Karl Denninger reveals just how much debt the EU idiots have run up.
Here is an excerpt:
“Yet unlike Greece, which has a GDP of EUR $261 billion, Spain’s is EUR 1.134 trillion and Italy’s EUR 1.406 trillion. Portugal and Ireland’s economies are smaller, but they belie big problems, with the “best” indication being the external debt to GDP ratio.
Italy’s is 127% (the US is running close to 100% at present), while Greece’s is 161%. Spain’s, on the other hand, is 171%. Germany, for all of its vaunted “strength”, runs 178% of GDP, Portugal is at 214% and Ireland is running an unbelievable 1267%.
That’s right – tiny Ireland with EUR 144 billion in GDP has well north of a trillion Euros outstanding in external debt.”
tom , you are right about the usa not having a draft for a while yet. What the usa is doing now is unemploying millions of good workers who have no futures now in what work they had. So they’ll join the military. alot of them anyway. Just cause thats all the work there is out there.
My nephew had to. A fully acredited electrician and he couldn’t find a job. Looked for 6 months. So he joined the military. And my family isn’t gung ho military knowing its just a mercenary force for the banksters.
Now I feel guilty. I wonder what compels me to butt in. Apologies . . .
Nite.
Thanks, Youri!
right you are @DanDan. love ya snoot. bye y’all
@frances snoot
“Wende” is German (But I speak 3 languages) and means:
change , bending, turn, crisis, emergency situation, state of emergency, curve, swerve, change-over, upheaval, revolution
depending on the context.
bring it back down a notch . . . she gives you an inch and you go for the mile
@Snoot romantic? i have been stir crazy for your writings. thanks.
Youri:
What does wende mean?
Robin Hood tax = Robbin your Food Tax
Cause we’ve got to pay for that. The banks gonna just pas it on. LOL
Ronron:
Do you note that the tapestry portrays a border? If you look down at the right section, bottom, you can see a moth and a fire. I found out the significance of that: it was a meme from the medieval times.
“For one pleasure a thousand paynes”
The moth represents the metaphysical: the soul, the flame the mystery of divine (or male). Moth was feminine, flame masculine. It showed the duality of life: the soul living wishes to return to its previous state.
“The hope or desire for repatriation and the return to our first state is simular to the drive of the moth to light…this wish is the quintessence, the very spirit of the elements which finds itself imprisoned by the soul and always longs to return from the human body to him who has sent it forth” Leonardo Da Vinci
stirbe und wende
It is this yearning which stirs men now. Wither lonely visage of hope.
i just wanna hear girls talk. smart girls.
@Snoot your a beauty. loved your simplicity today.
@ronron:
Beauty is truth:
http://www.artsandartists.org/exhibitions/images/large_images/exh.image0517410001213042504.jpg
don’t you call me a goof
lotta ink. gotta sell shirts. 40% off.
@Snoot. germany france.
@Snoot. nice of the IMF to help latvia. a leg up. right up there ass.
What is GF?
you don’t get into the GF’s club without a fee.
Good reminder, ronron!
http://uk.reuters.com/article/idUKLNE55H03F20090618
@Snoot. you don’t here much about latvia anymore. they all dead?
@MEP
About the Chinese Gov’t divesting of non-US Gov’t backed securities:
http://blog.atimes.net/?p=1352
@Snoot. the GF’s cleaned up.
should have called them holsteins or gerseys. pigs dont give milk do they @Snoot
@ronron:
Yes, the siphon to save German banks and French social programs applied on the people of Greece.
This link featured today on the interest.co.nz website – UK video.
Bill Nighy video backing Robin Hood tax on banks
http://www.youtube.com/watch?v=ZzZIRMXcxRc&feature=player_embedded#
Bonn should be up for a piss smoke and a drink of water soon.
@Snoot. it’s a regular fucking dairy operation.
@Max – Y’all been livin’ in gay Paree for too long. There will be no draft, at least in the historic sense. Ther,easons are simple. The downturn has recruiters meeting their quotas while improving the caliber of recruits. And a modern military cannot process the unwilling. The tasks have become too specialized. the devolution of responsibility for significant personnel and equipment too great. Available training resources cannot be squandered on the unwilling. The needed skills cannot be imparted to the recalcitrant. The poverty draft works well in an outsourced supply-blindsided FUCOMA/FUBAR country, and actually prepares the ground well for more confrontation. If there is a draft it will be for show primarily, to allow some cherry picking of talent, as well as to soak up potential hooligans as was the case in the declining USSR.
PEACE!
Tom
@Snoot. Debt is power till you miss a payment.
gonna be a fight in greece. you know the game stella. lets see what the police do. good barometer.
These guys love a crisis!
http://www.reuters.com/article/idUSLDE6192VI20100210
@Ronron:
You can’t believe much because the rating agencies that allowed the crisis to develop are responsible for the credit spreads now. (imho)
captain
ronron:
One of the comments said this:
“Correctly but ominously, the respected economist Joseph E. Stiglitz, now special economic advisor to the Greek Government, pointed out only last week, along with other political commentators, that Greece is now ‘the weakest link’ in the European capitalist economic ‘chain’ today!
Historically this reference to ‘weakest’ economic ‘link’ was used by Lenin to describe the political and economic crisis in Russia on the eve of the first socialist revolution!
Clearly today Greece is on the eve of such a socialist revolution unless the capitalist bankers and the EU can contain the Greek masses and the General Strike that is planned for 24th February.”Dr Watson
on February 10, 2010
Good Lord, ronron!
Why do the Europeans use such lousy rhetoric: calling the Greeks piigs and a peripheral country? The salt must sting!
ii, caption
@Snoot. which 2 will be left out?
@Snoot. lovely news. Finally 3 countries too big to fail. watch out.
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/7208232/Markets-fragile-amid-confusion-over-Greek-rescue-deal.html
“the pigs strike back”
@Snoot. hahaha.
you likey. good.
@ronron:
Yes.
Well back to Clockwork orange
Bob Chapman Interview 9 feb 2010
PT1 http://www.youtube.com/watch?v=Yw9LgVI3PYA
PT2 http://www.youtube.com/watch?v=Gs1ypO6tkHQ
PT You’ll find the rest yourself
@Youri. were using a lot of ink. gotta sell some shirts.
Not often I think but found a pic with JW and the V http://www.vinylrecords.ch/winter/Guitar/flyinV.jpg
@ronron
yeah know about them a friend of mine once bought them to build them in his guitar but that was a long time ago. In A flying V. Just wondered if Johnny ever played the flying V?
@Youri. google up a pair of PAF humbuckers.
@ronron
You know better I only remember him with the telecaster but the sunburst explorer suits him well and two – better
@ronron
Yeah he’s a tough MTF
sunburst explorer, 2 humbuckers. good sound for him.
@Youri. he’s one skinny fucker. like
bonn.
@Youri. he’s in his 70′s. one use would kill him. no way. saw him 2 years ago. hard old man. no booze 3 sets.
@Mep. an article at AJ from a few hours ago said they’v started selling.
http://www.guardian.co.uk/world/2008/dec/11/greece
http://www.reuters.com/article/idUSL1991143720080319
Anybody hearing anything new re: the news that China is going to dump all non-guaranteed US assets? Dylan Ratigan mentioned it on his show, but I haven’t been able to track down much of anything else about it.
@ronron
“he’s getting old fast.” Yeah, he’s been using again.
anyway@Youri. thanks for the singsong. nice change from the clockwork orange.
@ronron
I had the privilege to see him Live in Amsterdam once with his “Let Me In” tour. Man that man can play like the ringing the bell. He never learned to read or write so well but he could play the guitar like the ….
JW: Life is Hard and Than you die.
George Carlin would say Life is hard than you get cancer, loads of radiation, your wive leaves etc… than you die in agony.
http://www.sofiaecho.com/2010/02/10/855821_general-strike-in-greece-causes-disruption-amid-fears-of-worse-meltdown
@Youri. can’t do links. get the peeps up hwy 61
@Youri. he’s getting old fast.
@Youri. saw him and edgar many times. 2 years ago saw him in a bar in london ontario. still rocking on the explorer
Just heard thatPalin really is running for 2012 !
I thought it was just a joke .
Effing amazing …. c’mon … it can’t be true can it?
Paris Hilton next or what ?
Johnny Winter – Medicine Man http://www.youtube.com/watch?v=DcqJnbgqXDo
@ronron
I love Johnny Winter – DALLAS http://www.youtube.com/watch?v=AjcOSmmTTiE
tongue in cheek.
@ronron
I already called them but they wouldn’t pick up the phone….wonder why.
Maybe a light signal instead of a ring would help, than they can pick up the phone.
@ME. johnny winter. hwy 61
@ronron
Aren’t you in a country where it is more profitable to let someone fix the phones than throw them away. It can’t be hard to fix..
@SG
Well you heard what Jim Carey said stop thinking! You better listen to him cause he’s an actor and actor knows best. (Well only in America LOL)
There is some true in it though.
@Youri. do you have there contact info .;-)
@ronron
Maybe sell them to the deaf institute cause they don’t need the ring.
@Snoot
That would be the Agency Smurf..
@Snoot. did you learn anything here today?
lets do some drop shipping. now your talking. i got a thousand telephones that will not ring. can you tell me where to get rid of these things?
Heh, ronron:
No, just learning.
if i had known, a shirt salesman. tell me more.
http://www.boilingfrogspost.com/2009/12/22/charlie-wilson%E2%80%99s-war-is-a-fantasy/
@Y’All
look I don’t have to BRAG about my fake qualifications or post up FANMAIL and lord knows I have lots… but for any of you who have been taking notes and now feel you are QUALIFIED to SATISFY in true SUPERGEEK style, like Max and Stacy I now have TeeShirts available!!!
http://tinyurl.com/yaaxx9r
PS: just one thing like Max and Stacy… ‘so long have I been languished on the shelf I must give all the proceedings to myself’
@Max
Hollywood question, who knows may even get an answer?:
I watch this & think 2 things: Jim Carey has actually become moderately insane
&
What the ehell is Hollywood GATE ((Global Alliance for Transformational Entertainment) and who’s funding it?
http://www.youtube.com/watch?v=2d1_zj8eE2I
@Snoot. you annoyed?
@Y’All
hands up anybody who ever understood any of that ACCENT crap !!!
@Mother Earth
The Agency= The Farm=CIA=Spook
@MotherEarth:
I’ll try to comply with your request just as soon as I find the smurf to do so.
The President Who Told The TRUTH
http://www.youtube.com/watch?v=3Uk5Y-zv-Rg&feature=sub
… and was murdered shortly afterwards !
Ma, ya done pitting them prunes yet?
Sure do got time fur ya, Steller. What’z addlin’ ya?
Ma, what’s a COPYCAT? Is that like, “jump on a crack, break your mother’s back”?
Stella, hope ya ain’t jumped on a crack! Shoot, honey. What’ya on about?
This’n here loonie-tick what types periods on the internet done said I was a COPYCAT.
Heh, Steller. That means ya ain’t got no notions of yur own. Ya’air just a poser.
Cleetus, I don’t mind sayin’ this ain’t none of yur beeswax.
Well, Stella, why dontcha get down off’n that high horse ya think to be ridin’. Ya ain’t airy smarter than me, and I ain’t been to college.
Well, that’s apparent, Cleetus. Ya ain’t even been to high school.
And I ain’ta gonna go if’n I turn myself out copy-catting the way you do. COPYCAT, COPYCAT.
CLEETUS. I ain’t airy gonna talk to you no more. Ya’air such a feller! I was only figurin’ is all, never said I knew nothin’.
Well, you don’t.
Sure do be ornery, Cleetus. Anyhoots, I ain’t never writ nothing ain’t mine without sayin’ so. I’m gonna go out and ride Bounteeful and furget your face ever turned sunny-side up on my plate!
@Y’All
look unlike some I don’t have to BRAG about my fake qualifications or post up FANMAIL… and lord knows I have lots… but for any of you who have been taking notes and now feel you are QUALIFIED to SATISFY in a true SUPERGEEK style, like Max and Stacy I now have TeeShirts for sale!!!
http://www.zazzle.co.uk/super_geek_university_t_shirt-235789478788715945
PS: just one thing like Max and Stacy… ‘so long have I been languished on the shelf I must give all the proceedings to myself’
@frances snoot
Well that insight took Greenspan a long time to get to than LOL. I knew that the first time when I had my hand in the cookie jar.
btw That were the first words I ever spoke “Cookie” in the U.S.A. of all places. The jar came later.
Why did he deregulate the whole market than? That’s exactly the reason why these rules he removed worked perfectly well. Strange.
Can people (Snoot please) stop using the word agency where they mean ‘power’ or ‘institute’ or ‘wherewithal’ or ‘rating agency’ or ‘intentionality’ or ‘organization’ or anything else ? Maybe we should also use the word ‘smurf’ in our explanations (Gold has smurfed again due to the smurfing of smurf by the US, but head smurf of the IMS claims its just not smurf to do that)
China Bubble: Max contends once China ‘gets there’ everything changes. James Chanos warns otherwise: Chanos Sees `Overheating and Overindulgence’ in China http://www.youtube.com/user/daytube2009#p/f/3/99HNFCn5RP8
Documentary is titled ‘King Corn’
also MAD TV’s iPAD skit: http://www.youtube.com/watch?v=lsjU0K8QPhs
@Y’ALL
or as in just STUCK… as in every sense of the WORD… !!!
@Y’All
that’s what I’m talkin’ about… GLUED UP… sniff, sniff !!!
@Ignace
Donow about that since the Icelandic banks where solely based on the Yen Carry Trade and don’t represent a great part of the banking system.
It is true for The States where a lot of small banks get and will get wiped out See the Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html
Glue is word. Put word next to, no. Word glue. Glue up. Nice thought. Grrrrr. Time to work more. Got it:
Glued up :more like! make progress, yes. grrrrrr.
@Y’ALL
I’m very careful with the WORDS I use around COPYCATS!!!!
@Y’All
her glasses on: GLUED UP, MORE LIKE!!!
@{Y’ALL
glued uo more like!!!
Greenspan said it was human nature that caused the crisis, and I agree with him. Give a man a rope and some time, and he’s sure to hang himself nicely.
@Pebblemouth:
I didn’t think you knew enough words to choose.
Time for some conspiracies.
Death Star Like Ufo’s Around The Delta Sun in NASA undoctored Photo’s http://www.youtube.com/watch?v=5r8OrAJFpyM
@frances snoot
Well for man who are willing and able to think. Whatever you may think of Geenspan he’s a thinker. He only thought wrong. I respect him for admitting that. A man who can admit his mistakes is a greater man in my opinion.
@Y’ALL
Ha… ‘clued’ wouldn’t have beeen my first word of choice!!!
@stacy / max
there is a nice argue between the dutch central banker wellink and a former icelandic minister sigurdsson (http://www.dutchnews.nl/news/archives/2010/02/icelandic_exminister_criticise.php) and here (http://uk.reuters.com/article/idUKTRE6131ZO20100204)
I am just speculating, but by letting the icesave bank in the netherlands, knowing that this bank/country was about to fail , than you could use this failing to wipe out the icealndic banking competition….
what are your thoughts…apparently France didn’t allow Icesave to enter the France market…..but based on the same information, the dutch and UK did….
does it make sense???
keep up the good work.
So Youri, you are admitting the importance of philosophical outlook in the actions of men?
@ frances
you’re clued up
LOLOL @ But when your audience is composed of ignorant belly-button lint bong-smokers
Never used lint myself but the bong works ok
@frances snoot
Yep, you know when there is a problem there always is some woman to blame
But seriously Greenspan was greatly influenced by Ayn Rand http://en.wikipedia.org/wiki/Ayn_Rand
@Youri:
The accounting rules are taking away jobs: the rating agencies are killing countries. Something is amiss.
Are we to support this farcical situation KNOWING that the Bretton Woods 2 will just clear the board anyway?
@frances snoot
Have to take my time to read this 100 pages PDF snoot. Can’t do it now but will later.
Frankly I think Basel will not repair the real underlaying problems which have led to this crises. They way mortgages are sold (With the ones selling for fees not responsible for the backup) in the U.S. was reason enough together with these insane secutarizations and derivative bubbles. All these things stay untouched and only mending the levearage (which they don’t even do) won’t be enough.
@Youri:
And now we have the ‘anti-ann’ antidote in the movement to ‘moralize’ capitalism?
HAHAHAHA
Youri:
If the race-to-the-top for banks in anything like the race-to-the-top for schools, I can guarantee that the banks will not be able to perform the function for which they are institutional.
Why did basel 1 allow and then basel 2 restrict: where was the warning? Odd, as though it were all planned by those who now want to merge the G20 with the IMF and call allow the ECB to sell bonds.
But we must not assign ‘conspiracy’ to the move for a federalized Europe! Boys will be boys.
Good Lord! You men, Youri! Blame the whole freaken ponzi fraud on a couple of books written by one woman??? You surely assign her with divine agency!
Ayn Rand had a perspective. It did not create the rapacious greed of our time: that greed has been an ongoing affair with men throughout recorded history and beyond. Men committed dastardly deeds using gold as the medium of exchange!
@frances snoot
Yeah, cause any capital they have to maintain is “insanity” according to the banks cause they get bailed out anyways. The banks are no longer there for us they became Vampire Squid Entities at their own demise sucking the public.
Palantiri:
Youri is focusing on the US deregulation (the act that made Citi and Travelers into Citigroup), I was focused on the basel mandates that drove capital investments prior to basel 2. Basel 2 is also driving capital investments away from US securities.
I found this paper which is a goldmine of information concerning the cdo meltdown:
http://www.hks.harvard.edu/m-rcbg/students/dunlop/2009-CDOmeltdown.pdf
The student found the worst sludge to be the 2006/2007-vintage RMBS and CDO collateral. Wonder what that means for community banks in the US? And Hypo in Germany.
@@Palantíri
btw Greenspan later admitted he was wrong about the “self regulating markets” idea. This idea Greenspan got under the influence by the ideas of Ayn Rand http://en.wikipedia.org/wiki/Ayn_Rand
@Palantíri
It was done under the idea of Neo-Liberalism, Laissez -Faire politics instigated by Greenspan, Summers and others in the delusional idea that markets regulate themselves. How stupid can you be letting the fox guard the hen house?
Frankly I donnow about Europe. Formal Rabobank CEO Heemskerk said that he thought that 14 – 1 is a prudent leverage.
@frances snoot – thanks *reading the link*
“DEAD SNOW” still on the rogue – 2 mins ago – Storm pounds snowbound Mid-Atlantic, East Coast http://tinyurl.com/ydee32a
@Youri Carma – what sound reason did the politicians give when removing that rule?
I wonder what the situation is in Europe when it comes to reserve ratio.
@Palantiri:
Here’s a useful description of Basel mandates. The mandates come out of the BIS (Bank for International Settlements).
http://www.out-law.com/page-7096
There are 3 pillars for the basel regulations. We are undergoing the compliance to pillar 2. Basel 1 made cmbs a profitable investment for banks: they allowed aggressive leverage of risk. Basel 2 cracks down on risk, making cmbs like an Old Maid Card (shuffled onto pensioners, or deep frozen through some alchemy by the German government)….the basel regulations are having a profound affect on capital. The banks cannot lend because they are being forced to maintain capital adequacy on a daily basis: it’s insanity.
Godamn Finaly some good News – But not from Europe or the U.S.
Remarkable solar irradiation, government ment committment for installing 20,000 MW of cumulative solar power by 2020, presence of a photovoltaic production hub will lead to India becoming one of the world’slargest photovoltaic solar energy markets in due course, according to a report, ‘The Indian PV Market’ by Research and Markets. http://www.commodityonline.com/news/Indias-PV-solar-energy-market-set-to-zoom-25574-3-1.html
@Max
Ford Has Brake Problems Too http://www.wsjm.com/pages/6305031.php?contentType=4&contentId=5541132
Honda expands recall to over 900,000 vehicles worldwide http://www.marketwatch.com/story/honda-expands-recall-to-over-800000-vehicles-2010-02-09
Obama says bonuses are part of free market http://tinyurl.com/yes3nso
They don’t have clocks on buildings in Moscow? Casinos don’t have clocks inside either and block sunlight (an indicator of time’s passage) with tinted windows complemented by bright spot lighting. Perhaps they didn’t want people to see they were waiting 2 hours to buy a bar of soap. But I think it’s meant primarily to prevent subconscious triggers and whole-mind thinking. Time and rhythm have essential roles in mindfulness.
Well Iran is doing EXACTLY like Obanana with his cyber security bill. No difference. We have to taunt thes nazis to see when they will be shutting down the US internet that is supposed to be the freest in the whole wide world. Iran is no better no worse than Papa Doc Obanana. They haven’t closed you yet ? I am still awaiting the closure of Russia Today in the USA. Same freakin thing with this NWO nazis Stephen Harper.
USA will soon be the same as Iran or freakin fascist China. Want to bet ? Read the cyber security law. You should start be being very worried. The 1st amendment is no importance to people like Bush or Obama. They will silence us. And once silenced, they will put you all in prison. Freedom has no price they say. It’s true.
more from Gerald here
http://www.youtube.com/watch?v=ZRwtdDeVGYw
@Phil and Mike to Liverpool
Gerald says
The Collapse or 2010 has begun!! were off to war to fix it
Gerald says the debt a joke its never going to be paid off…
http://www.youtube.com/watch?v=dbyAGjze6S0
heh, that last comment is kinda retarded
Iran To Shut Down Google Email, Will Launch National Email Service
FORGET Trade Wars — I predict the next wave of soft wars will be online-corporate
Obama is a consumate SHIT. It’s quite clear.
Obama doesn’t ‘begrudge’ big bonuses for ‘savvy’ bankers
http://news.yahoo.com/s/afp/20100210/pl_afp/usbankbonuspoliticsobama
@Palantíri
They removed the rule in 2004: Setting aside capital requirements by exempting the investment banks from maintaining reserves to cover losses on investments engineered.
This allowed the investment banks to Leverage financial instruments beyond any bounds of prudence. Bear Stearns pushed its leverage ratio to 33 to 1 advised by crappy computer models – even 100 to 1 is heard!
Whenever it is brought up to get the reserves back the banks immediately begin to complain that it hampers their way to make profits.
Monsanto ties into the factory farm chicken dumping story as well. They’re fed genetically tampered corn.
http://mises.org/daily/4089
As a rule, monetary pumping by the Fed “works” through the commercial banks’ expansion of credit — the increase in commercial bank reserves on account of the Fed’s pumping gets amplified by means of credit expansion.
At present, banks are finding it more attractive to sit on massive piles of cash reserves rather than lend them out. In January 2010, excess bank reserves stood at $1.063 trillion, against $793 billion in January 2009 and $1.4 billion in January 2008.
It’s good to see all that stimulus cash going to GOOD USE!!!
BWAHAHAhahahah
Have anyone noticed that there has been virtually no debate what so ever on banks reserve ratio? I do not remember seeing or hearing any discussion about it in Scandinavia, nor from the US or UK ether.. Is it not a problem or is it a problem not debatable in public sphere? the only exception is China who have raised bank reserve ratio.
Isn’t reserve ratio a huge problem that need to be taken good care of? If it goes out of control we all loose on it. I see it is a touchy political problem because if banks are ordered to narrow the gap, many more will go bankrupt or the lending stops which in next step hurts the nation as a whole. Why take a medicine when it tastes bad. But at least it should be debated me thinks.
*go sit in the corner and listen to TAMNZ*
Rothschild to appoint first non-family chief http://tinyurl.com/yjy7yhb
Are they getting scared and put in patsies?
World’s biggest steelmaker, ArcelorMittal has 76% drop in underlying earnings http://tinyurl.com/yfesgzt
@Max and Stacy,
Re: Alex Jones
Alex Jones had a great interview a couple of days ago with an attorney from Denver, Colorado in regard to the police state and full body scaners now in courthouses in Colorado.
He is a well respected trial attorney who stood up to the goons at the courthouse. His description of his treatment is chilling. He now has a website and it on a lecture tour in various surrounding states and their respective bar associations. The legal community is getting the picture of the police state as it starts to unfold FOR EVERYONE.
People here should put down their snobbery about the Texas accent and Alex’s bombast go to youtube and listen to the interview on the Alex Jones show. He is giving very good advice and information foks, so go there.
My husband is an attorney and several other attorneys have mentioned how bad the police are getting where we are. Arresting people, putting drugs and guns in their cars, harrassment. It’s not as bad and Denver yet……but Colorado is a entry city for illegals coming in from Mexico. I grew up in Denver and the change is startling.
Just as the prolonged wars are by design, so is the failure of quantitative easing and it’s pushing up/propping up of housing prices by design. The idea is to cause as much stress on individuals as possible while our western economies are gutted. High residential rents are an essential component of the spectrum of stresses they use.
http://money.canoe.ca/money/business/canada/archives/2010/02/20100210-090738.html
Whole Foods Market, the world’s biggest organic food chain, and Bed Bath & Beyond, are seeking to boycott fuel linked to Canada’s tar sands following a lobbying campaign by a U.S. environmental group.
…
Austin, Texas-based Whole Foods was able to track its supply chain for transportation fuels and found tar sands oil was being used in about 10% of its fuel supply. In one area it switched to an alternative supplier, though in the Rocky Mountains area a supplier is still using fuel originating from the oil sands.
…
The total vehicle miles driven by Whole Foods’ internal fleet each year is approximately 21,615,000
HILARIOUS!!!!
so 10% of their fuel comes from the big bad oil-sands, but they aren’t worried about the SHIT their vehicle fleet SPEWS in general…
If they really cared about the environment, why don’t they switch their fleet to electric vehicles?
But then they’d have to source their electricity from non-coal burning power plants…
oh the challenge of being a Public Relations Greenie…
But when your audience is composed of ignorant belly-button lint bong-smokers, you don’t have the pull the wool too far before their eyes are covered…
Mortgage applications for home purchases fall 7% http://tinyurl.com/yenaczb
New Ceridian-UCLA Pulse of Commerce Index sees gloom http://tinyurl.com/ycqv4b4
Max mentioned on AJS right NOW and Maxs formal guest Bruce Levine, is now also on AJS http://www.infowars.com/
Early signs of a ‘double dip’ in housing prices (MarketWatch) http://tinyurl.com/y9zkgpx
Recently we saw some alarming satellite photos of planet-sized spheres orbiting the Sun, which were written off by NASA as radar blips or swamp gas or something. But then a funny thing happened- a mission to “study” the Sun popped back into the news. This project has also figured in 2012 theorizing, since it’s set to study solar storms and their effect on the planet’s magnetic spheres and especially, our power and communications.
Timing is Everything http://secretsun.blogspot.com/2010/02/timing-is-everything.html
@phil
These euro video’s are propagande. Lehman did not die by acident but was destroyed on purpose..Bailout is an empty term, if tax payers of outher countries are going to help the Greek province then they should go after speculators as well..This type of behaviour really pits people against each other and for what?
Winds ground Solar observatory http://news.bbc.co.uk/2/hi/science/nature/8506140.stm
The Solar Dynamics Observatory (SDO) is set to launch from the Kennedy Space
@Stacy & Ya’ll
Center on Feb. 10th at 10:26 am EST. Researchers expect SDO to rewrite the textbooks on solar physics using a battery of advanced cameras, telescopes, and magnetic sensors–some of which can even peer beneath the sun’s stormy surface. This is such a big event, the staff of spaceweather.com has traveled 3000 miles to witness the launch. http://www.nasa.gov/multimedia/nasatv/index.html live tv for nasa.
if you get bored. bryanpepperell has a great channel. youtube.
The weak Euro is an American conspiracy. There ain’t such a thing as a weak Euro.
The Euro is as fragile as Lehman Bros. ?
http://www.zerohedge.com/article/collapse-euro-insights-joseph-stiglitz-and-hugh-hendry-two-part-bbc-miniseries
India drops out of the IPCC. India says no to GMO. Go Bonn go.
PIGS-SHHIT-BLLEU-UK
Portugal
Ireland
Greece
Spain
Holland
Hungary
Turkey
Belgium
Lettonia/Lithuania/Estonia
Ukraine
United Kingdumb.
On our nasty factory-farmed meat: Katie Couric did a decent report recently on antibiotics, factory farms, and MRSA. It’s about time people started paying more attention!
Link to video is here.
@Marc .. if Belgium wasn’t the EU (money) centre, the state would be long broke !
FWIW
could pull an sg here but won’t lower myself.
GIPSIUK.
@Phil/Germany. that leeb creep is an ass. he’s the dick that laughed at schiff. wish he wouldn’t talk about our silver. gives me the creeps.
@Bonn .. PIGIS
All we need is an H and a T and we have PIGSHIT !
Holland ?
Turkey’s not in the Euro yet … unfortunately ….
… despite them trying so hard !
LOL !
GIPSI
@Fibon11235 …Just cancel all debt
LOL … one BIG problem here :
It would make all the Finance Experts and Economic Nobel Prize winners look like complete fools, not to mention all the highly complex “trading systems” employed to ensure the FARCE continues.
All those Eco101 “theories” down the drain in 1 day !
BTW … it would also mean admitting that the whole WW Fiat system is a Ponzi Scheme that makes Madoff look angelic.
Shoulda’nt it be PIG’IS
Hic
Hic
off ta poker Hic 
@Phil
Or
Money = Worthless
Then
Debt = Worthless
America is not in debt at all as the debt has no value, the value is fantasy pure fantasy so whats all the fuss
Just cancel all debt
@phil that would mean that the 1/600,000 = $1 mmmm given money is debt lol
@FranSix … 100K instead of 1 Mio$ ?
Actually, assuming there are 30,000 tons of Gold in the world, valued currently at ONLY 1.04 Trillion $ , I suppose we’d need a factor of 600 times to cover and legitilize ALL WW derivatives, or at least 60 times to cover WW GDP !
So 1 million$/ounce is closer than 100K ( 600,000$ / ounce ).
A Silver Shortage?
http://www.youtube.com/watch?v=HGPvVjfNYgs
Interesting talk !
@Marc Faber
I think he meant to say ~$100k/oz. He greatly exaggerates and overstates his case whenever referring to the dollar.
But fixing the gold price far too high will actually cause inflation. What they want to avoid is a hyper deflation when the OCD market finally gives up the ghost.
Don’t need a freakin hedge fund manager to buy physical metal.
@Marc:
The Germans are getting all cozy with the EU for their bad/bank plan:
http://www.eubusiness.com/news-eu/competition-germany.22b/
“BRUSSELS) – European regulators on Tuesday backed the creation of a German “bad bank” for paper assets running to more than 121 billion dollars, despite “doubts” the plan would pass state aid tests.
The European Commission “temporarily approved” German Landesbank WestLB taking over “a portfolio of toxic and non-strategic assets with a nominal value of 85.1 billion euros,” said a statement from Brussels enforcers.
However, European Union Competition Commissioner Neelie Kroes also said she was “surprised” that three billion euros of German state funding were required to get the holding business, expected to lose money, up and running.
The commission gave its go-ahead “because it is necessary for reasons of financial stability,” but said those “doubts” mean Brussels “has therefore opened a formal in-depth investigation” to see if it meets set criteria.
“The setting up of the bad bank shows that WestLB’s restructuring process is underway,” said Kroes, who hands over the reins of her department to outgoing Economic and Monetary Affairs Commissioner Joaquin Almunia in the new year.
“However, I am surprised about the level of the additional aid required and will make sure that the new aid is fully compatible with EU state aid rules,” she underlined.”
Rules applied fairly? Why is Ireland still waiting?
http://www.ft.com/cms/s/0/358caff4-06c6-11df-b426-00144feabdc0.html
“HRE plans €210bn ‘bad bank’
By James Wilson in Frankfurt
Published: January 21 2010 23:24 | Last updated: January 21 2010 23:24
Hypo Real Estate, the German lender nationalised as a result of the financial crisis, plans to create what could be the country’s biggest “bad bank”, spinning off up to €210bn ($296bn) of assets in a step towards an anticipated return to private ownership.”
“King Corn.” Great documentary.
Bout the Paulson’s new Gold Fund;
Just think that the money is too hot nowadays. Everybody expects instant gratification making profits immediately than you shouldn’t get into gold. In the long run gold will and has already profited.
Randgold profit more than triples http://tinyurl.com/yhlvuv6
@Stacy
By the way, a part from Greece, did the nazi banksters from Goldman Sachs help other european governments to hide their debts. Bet you they did. Want some candidate countries hiding their debt like Greece ? Try Spain, Italy. Ireland ?, Hungary ? Belgium ? Holland ? Just a feeilng. If Goldman Sachs did it for the Greeks, it certainly did it for other european countries. Europe a nice for screwing people when it comes to the USA and British banksters.
Brooklyn Terrier Mugged; Doggie Coat Missing
…”How could anyone steal a [ ed: 25$ ]coat off someone’s back in the freezing cold?” the 42-year-old investment banker complained to The New York Post. “I was so angry, but in the end I was grateful that it was just the coat and not him.” …
http://www.nbcnewyork.com/news/local-beat/Brooklyn-Terrier-Mugged-Doggie-Coat-Missing-84014112.html
@FranSix … Marc Faber … Thx for the link !
Paulson’s new Gold Fund …
In contrast to Marc Faber who says we could easily go back to a Gold standard, “we’d just have to reprice Gold to 1 Mio$ per ounce ” ( Video here : http://www.youtube.com/watch?v=pAJeZaFdbJA&NR=1 )
No Gold Rush for Paulson’s Fund
It seems that investors aren’t convinced that John Paulson has the Midas touch. The hedge fund manager has been having a hard time getting investors to pony up for his gold fund, The Wall Street Journal reported.
…
…
http://dealbook.blogs.nytimes.com/2010/02/10/no-gold-rush-for-paulsons-fund/
@SG
Oh, there you are. Thought somebody entered your house.
@Max
What would you say will the interest rate be in your deflationist environment? Also what happens to debts if the Euro where to fail? I hear so many opinions..
@Y’All
sunspots.. huh, well some people… change more than the weather!!!
Did you guys mean the documentary King Corn?
@Real Value Of Gold During Depression Cnt’d…
If the U.S. could have fixed the price of gold easily at $200/oz. and not been wrong in the least, then that translates into $25k/oz. in contemporaneous values, since the dollar has lost 98% of its value since that time, considering that $252/oz. was the price fix low in year 2000. So 98X (rather than 10X).
Devaluing the currency against gold was done during the depression, after confiscating all gold. If they had the innovation to set the price higher and reflect the true nature of the decline in the dollar during that time, they would have accomplished both confiscation and an exit from the depression.
Fixing the value of gold at such a low price during the depression would have been a huge contributor to massive deflation.
An interesting comment on this is found here:
http://www.moneyandmarkets.com/more-on-the-new-monetary-system-6-28166
Paulson unable to raise capital for gold fund:
http://dealbook.blogs.nytimes.com/2010/02/10/no-gold-rush-for-paulsons-fund/
@stacyherbert
Here a Graph of the sunspot cycle with a predicted maximum round 2013 -2014 http://tinyurl.com/yfh5yqo That’s just what the sun does every 11 years.
@Marc:
The sdr banks aren’t bankrupt: they will own whatever they choose. Those banks that govern us at the G20 level aren’t worried about inflation or deflation: they are rubbing their hands together for the feast.
Goldman Sachs: “unrealistic for us to give up our bank holding status, expect no change in Fed regulating the firm”
http://www.cnbc.com/id/15840232?video=1409837075&play=1
At about 2:00min
@FranSix:
Bretton Woods 2 would introduce an entirely new monetary system: what would gold value look like?
@Max
It’s called competitive devaluation I think ?
Who’s turn next week ?
Japan is indeed a nice choice.
@Marc ……will sell their Porsches, their Mercedez and their BMW…
I’m sure that are enough “well off” Eurocrats and Politicians to satisfy supply.
@Stacy
” Florida is now part of Columbia. You didn’t know Stacy ? “Tony Montana
@stacyherbert
TnX Stacy I still am following the sunspots closely. In my opinion the sun is just back on track starting it’s 11 year (normal) sunspot cycle so I don’t understand all the fuzz? They never reported on this in the past like this but as usual if the media focuses on something it gets blown up. We’ll see what happens.
NOAA Scientist Finds Clue to Predicting Solar Flares (Scroll up for more) http://tinyurl.com/yjkz3fd
Nane change for the G20. Now on it’s the B20. Bankrupt 20.
Edison Report (Inflationist viewpoint)
http://www.resourceinvestor.com/News/2010/1/Pages/Edison-says-goldvaluation-benchmarks-are-obsolete.aspx?channel=2
Mirror File Location Of Edison Report
http://files.me.com/fransix/rz2686
Chart Depicting The Real Value vs. Nominal Value Of Gold Since 1913:
http://www.flickr.com/photos/11747277@N07/4341226858/sizes/o/
If Edison is correct in their viewpoint, then the U.S. could very well have raised the gold price to ~$200/oz. during the depression – and not been wrong in the least, instead of just having raised the gold price fix by 60% to ~$35/oz.
Gold had immense purchasing power during the depression against deflating prices up to roughly 30X its nominal fixed-price value.
@Phil Germany
Merci. This is good or bad news ? Does it mean that the shit is hitting the fan in Germany too ? Most certainly. I wonder to whom these Germand will sell their Porsches, their Mercedez and their BMW ? A amusing question like that.
Loop hole in EU law will allow German bailout of Greece:
http://www.cnbc.com/id/15840232?video=1409834234&play=1
Phil:
The fiat element is the rhetoric whitewashing the imperialistic drive coming out of Brussels. Euro is being set up as the strong trade currency: when will they reweight that sdr basket?
Bernanke Says Discount Rate May Rise ‘Before Long’
http://www.bloomberg.com/apps/news?pid=20601087&sid=aZr6cFPaFjmk&pos=1
The Monthly $IRX Chart @stockcharts.com. A chart about deflation:
http://stockcharts.com/h-sc/ui?s=$IRX&p=M&b=5&g=0&id=p45163948136&a=191116053&listNum=2&listNum=2
“Everyone was just getting together for a little chat.”
Bretton Woods 2 is afoot! Little chat my ass!
http://www.nunatsiaqonline.ca/stories/article/080210_as_g7_host_iqaluit_sits_the_world_down_for_a_chat/
Sarkozy has the biggest mouth: I bet he spills the beans first with his ‘eloquence’.
@Mike/Liverpool – well the Fed minutes and the widening deficit should suggest that the dollar fall, so I guess that means there is no deal for Greece? Or maybe unwinding of trades?
@frances … Q: Central bankers say the problem is that the Euro doesn’t have any equivalent to the Treasury bill, and the SDR is insufficiently liquid.
A: That’s a good point.…
Yes, that’s what I meant.
The German Bund has the backing of Germany , whereas to issue an ECB Bond would mean firstly obtaining the power to do so… e.g. an EU Government which would basically make the national CBs obsolete if it was to be done seriously. If it was not done consequently, nobody would trust it , as the “power of backing it up” would be simply wishful thinking.
Anyways … it’s all Fraction Reserve Fiat crap … I would hate it to happen, as it would be the Finale in the centralization of EU money and power.
.. and we can see where “that” has gotten us so far !
Gold getting KILLED!!!!
Mike
Youri – http://news.bbc.co.uk/2/hi/science/nature/8494225.stm
@Phil:
Yes, well, it’s the G20 and the ECB, right?
@Phil
See what Lagarde says about the euro and treasuries? Interesting.
PS@frances .. you noticed the “Euro Government” part I hope !
“Q: President Sarkozy’s other big idea was to return to a regime of managed exchange rates, as during the initial Bretton Woods period…
A: He said we need a second Bretton Woods. Which means, back at the time of Bretton Woods, there was an agreement, there was the setting up of international institutions, there were mechanisms in place, the IMF being one – we need to give it a second look, and decide whether it can sustain the current situation and the rise of china and the rebalancing we all hope for, and we need to put a new system in place.
Q: And how would such a system work?
A: With a bit of brain, first. No, seriously, it’s not going to happen overnight, and I am sure there are chapters of books which have been rewritten and revisited on the issue, but we need to concentrate on what we want and what we’re prepared to do, whether it’s the SDR [a turn to the International Monetary Fund’s Strategic Drawing Rights as an international reserve currency] or a special reserve or a rebalancing.
Q: Do you think there should be a move away from US dollars as the reserve currency?
A: It’s happening anyway. Gradually, little by little, when you look at the reserves held by central banks around the world, there is very slightly a change. It’s not a massive change, granted.
Q: Central bankers say the problem is that the Euro doesn’t have any equivalent to the Treasury bill, and the SDR is insufficiently liquid.
A: That’s a good point.”
Q+A with Christine Lagarde, French Finance Minister
http://www.theglobeandmail.com/news/world/qa-with-christine-lagarde-french-finance-minister/article1456813/
@frances .. you mean Govt. Eurobonds I presume, issued by the ECB.
AFAIK, the term Eurobond is used quite freely where (various) bonds are Euro currency based.
An ECB “Government” Bond would of course have to compete with the German Bund .. and would be regarded as less safe IMO.
that was damn close to PATHETIC….turn in your passports & go to your room…JD Salinger lives on in INFAMY….congrats; Franny & Zooey!!!. What are the lyrics to “I won’t grow UP?”"
Here’s a link to the KING CORN (not Big Corn) documentary Max and Stacy are talking about
http://tiny.cc/kingcorn1of4
there’s 4 parts… I didn’t see it on YouTube and PBS isn’t letting you watch it on their site…
@Phil:
@Phil/Germany:
What do you think will come of the eurozone bond idea? It seems rather convenient: especially as Stiglitz indicated the crisis is a case of financial hyperventilation:
“LONDON —Nobel Laureate Joseph Stiglitz on Tuesday brushed aside the debt market pressures facing Greece, saying they reflected irrational investors “hyperventilating” over a country whose fiscal situation is in hand.”
http://online.wsj.com/article/SB10001424052748704820904575055531226422098.html
MK will be unavailable on Livestation.com software due to a memory reference error in the Livestatoin software. There is a forced conversion to Version 3.1 — and 3.1 has the bug, ergo 90% of possible Livestation viewers will be out in the cold for a while.
Vista and XP users will have to do without seeing him live until some future Version 3.11 is released that does have all these memory reference errors.
Breaking Headlines: INTERNAL REPORT SAYS GERMANY GOVT CANNOT AID GREECE: PRESS
http://www.zerohedge.com/article/breaking-headlines-internal-report-says-germany-govt-cannot-aid-greece-press