Stacy Summary: Eh?
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ref. max keiser & Get 6 mo’s free storage
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Rick Ackerman-
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crash banksters – Buy Silver & gold
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Most recent: 
The song remains the same.
Kill The Poor
http://www.youtube.com/watch?v=_ORKLaozFzo
Some of you actually think the powers that be have rules they play by. Geez. Alot of mumbo jumbo of stats and numbers that add up to anything they want it to add up to.
i see the librarian has been working sunday. sorry snoot no extra pay
Oh, thanks for clarifying, Gordo!
Dollar inflation has to be indexed against some other commodity. I would think anything indicated against GDP is not a valuable indicator: and I wonder if that is the crux of the IMF refocus? Sarkozy indicated that the criteria would be changed. This is an alteration of criteria.
http://en.wikipedia.org/wiki/Personal_consumption_expenditures_price_index
Do you think this scenerio is a possibility?
GDP is to change to include subjective factors: the difference is the detail to which the IMF hopes to leverage force on the new GDP as indexed for ‘inflation’. This doesn’t have anything to do with jobs, it has to do with green energy contracts and other profit ventures of the IMF functionaries.
Well, I’ve read (and re-read) the IMF report…
GGees is right… these people live on another fucking planet…
It would seem their reasoning for higher general inflation is to allow room for Fiscal Policy to move…
when interest rates are near-zero, they can’t lower them effectively…
at 5% (which they don’t mention… they only say that it should be higher than the 2% median which has been common policy for the last 20 years or so) they’ll have room to move +/- 2% without being forced into a corner…
but the level of disconnect from reality can be summed up in the last parts of the report before the conclusion:
The first type of automatic stabilizer comes from the combination of rigid government expenditures with an elasticity of revenues with respect to output of approximately one, from the existence of social insurance programs (defined-benefit pension and unemployment benefit systems fall into this category), and from the progressive nature of income taxes. The main ways to increase their macroeconomic effect would be to increase the size of government or (to a lesser extent) to make taxes more progressive or to make social insurance programs more generous.
… …
The second type of automatic stabilizer appears more promising. This type does not carry the costs mentioned above and can be applied to tax or expenditure items with large multipliers. On the tax side, one can think of temporary tax policies targeted at low-income households, such as a flat, refundable tax rebate, a percentage reduction in a taxpayer’s liability, or tax policies affecting firms, such as cyclical investment tax credits. On the expenditure side, one can think of temporary transfers targeted at low-income or liquidity constrained
households. These taxes or transfers would be triggered by the crossing of a threshold by a macro variable. The most natural variable, GDP, is available only with a delay. This points to labor market variables, such as employment or unemployment. How to define the relevant threshold, and which taxes or transfers to make contingent, are issues we must work on.
For the most part, it’s Quasi-Keynesian gobble-dee-gook that has no concrete solutions…
that’s an hour or so of my life I can’t get back…
sigh…
So from the article they are really saying Max was right all the long? That they (being central bankers) should have let interest rates be higher in prior years in order to bring them down when the financial sector collapsed? Max being right because this whole time they have been punishing those who save and making people speculate turning the world into a casino!
@ snoot
I meant if they were able to achieve this goal of 5% inflation.
@Giuseppe Bagodonutti
“Inflation, in theory, should cause a rising of wages, but in practice, there will be a LAG of a few years and in the process, purchasing power is wrecked…”
I think we know that will not happen except in very isolated cases where the job cannot be outsourced and the person has very good qualifications.
@California Dr
Love the Hawaiian HAKA, lets get the NZ guys and Hawaii guys together for a mass HAKA in NYC
This inflation is going to bring jobs back somehow? Is that the plan?
What inflation, Gordo?
@Gordo:
Bernanke has to raise rates to support the bond market with the Feddie/Frannie debacle approaching full-tilt. He can’t acknowledge a support for jobs:
http://www.youtube.com/watch?v=2XFbj1fzjFw
@Gordo
Economists that are pushing this idea of using Inflation to Dilute Debt don’t give a shit about anything except the big number on the Fiat Currency Balance Sheet…
Employment of the impoverished is a statistic that is a decade down the road as far as they’re concerned…
Inflation, in theory, should cause a rising of wages, but in practice, there will be a LAG of a few years and in the process, purchasing power is wrecked…
(case in point… When Italy adopted the Euro, there was an OVERNIGHT doubling of prices for consumables, which took two years for wages to catch up to)
I don’t see how it can work effectively considering the money supply is rising at a near vertical pace (mainly in the USA)…
I’m still plugging through the IMF paper trying to figure out their rationale… so maybe afterward, I’ll have a better idea of what they are trying to do…
Haka for the GGees in NZ…
http://www.youtube.com/watch?v=0pCZ5RkhJkY
University of Hawaii pre-game Haka…
nice war dance prior to the football game…until the idiot corpocracy in NCAA levelled a penalty on the team for the war dance.
@Giuseppe
They never learn they want more of the same, more government intervention, more interference in the markets more taxes (which dont reduce in the good times) lol these guys are on another planet
@Gordo. the idea is to flush out all the savings.
For a guy that is supposedly for more equality /social justice I am not really clear on how this inflation is going to help someone on fixed income or no income.
This inflation is going to bring jobs back somehow? Is that the plan?
http://www.spiegel.de/international/germany/0,1518,604076,00.html
Party Politics? Germany should rehabilitate the anti-Nazi convicts!
Anyway, back to the topic…
Here’s the Report from the IMF that Krugman is referring to in his fluffy article…
INTERNATIONAL MONETARY FUND
Research Department
Rethinking Macroeconomic Policy
Prepared by Olivier Blanchard, Giovanni Dell’Ariccia, and Paolo Mauro
http://www.imf.org/external/pubs/ft/spn/2010/spn1003.pdf
http://mises.org/media.aspx?action=author&ID=617
@GGees,
Great! LOL,
Scary, did you notice the other team hudling together into a protective move?
They already know. George Bush Senior said to a journalist in a lucid moment of telling the truth …”if the American people ever find out what we have done to them, they will take us out and hang us”…..
It’s even worse now and it’s right out in the open under our noses. We are being tested as to what we are going to put up with.
Krugman would kill Schiff. Krugman is a brilliant writer. Schiff is mealy. Schiff recommended investment in China because he saw the domestic market growing. (hahaha) Schiff represents the American arm of the German-Christian Democrats.
Like Max, I too would like to see Krugman debate Schiff, but it just won’t come to pass. You see, Krugman is a total shill, a piece of shit, and scared. Only way he can temporarily do well in a debate against Schiff is if his head is rotting on a pike and all the flies waft off in great clouds to annoy Schiff.
Imagine that inflationary spiral of flies, and the massive deflationary maggots gnawing, gnawing, gnawing away. That’s Economics 101.
sorry M/E
@M/A. first time i have seen an ausi with a first majetic bar. where’d your post go?
Max needs to update his mantra
It is not savers vs speculators, in a rigged and controlled environment “speculation” has no down side.
It is wealth aggregators vs global rent seekers, the parasites have almost killed the host
@ ME
I didnt know there were spaces B/W ta lines
I just cut copied pasted
Hic
But ya have no clue how sace youse ta be horded in ta computer industry 7 years back
Well now its cheap maby 40 Dollars fer 1 GB
The Obama presidency – America: A fearsome foursome http://tinyurl.com/yhrppga
The bubble and Rahm 10 February 2010 (Guardian.UK) http://tinyurl.com/ygtqm4n
@SG. got ya. you no likey king biscut boy? no insult required
Damnit Bonn, that’s a lot of real estate for some crappy lyrics!
Bonn did you arrange this???
http://www.youtube.com/watch?v=rHch75YR6N0&feature=related
KYA MUJHE PYAR HAI – WOH LAMHE
http://www.youtube.com/watch?v=eqWsIoaluKQ&feature=fvw
Translation-> Oh ta chicks love Bollywood @ stacy
meri duniya…
my world…
kyun aajkal neend kam khwaab jyada hai
why is there more dream less sleep thesedays
lagta khuda ka koi nek iraada hain
it appears that God has some great plans
kal ka fakir dil aaj shehzada hain
pauper of yesterday is prince of today
lagta khuda ka koi nek iraada hain
kya mujhe pyar hain aah
am I in love?
kaisa khumaar hain aah
what feeling is this?
kya mujhe pyar hain aah
kaisa khumaar hain aah
o o o o o …
meri duniya…
pathhar ke inn raston pe
on the roads paved with stone
phulon ki ek chadar hain
there is covering of flowers
jabse milen ho hamko
since when you met me
badla har ek manzar hain
every scenario has changed
dekho jahaan mein neele neele aasmaan tale
look in the world under blue sky
rang naye naye hain jaise ghulte hue
new colours are splashing around
soye the khwaab mere jaage tere waaste
my sleeping dreams woke for you
tere khayaalon se hai bheege mere raaste
my paths are laden with your dreams
kya mujhe pyar hain aah
kaisa khumaar hain aah
kya mujhe pyar hain aah
kaisa khumaar hain aah
o o o o o …
tum kyon chale aate ho
why do you come to me
har raat in khwabon mein
every night in my dreams
chupke se aa bhi jaaon
come silently
ek din meri baahon mein
one day in my arms
tere hi sapanen andheron mein ujaalon mein
I dream of you day and night
koi nasha hain teri aankhon ke pyaalon mein
there is some intoxication in your eyes
tu mere khwaabon mein jawaabon mein sawaalon mein
you are in my dreams, in my questions, in my answers
har din chura tumehn main laata hoon khayalon mein
every day I steal and bring you in my thoughts
kya mujhe pyar hain aah
kaisa khumaar hain aah
kya mujhe pyar hain aah
kaisa khumaar hain aah
o o o o o …
@fuckfuck
I told ya before, I don’t usually click on links from me people who don’t label them… it would just make more sensefor you to say it’s about ‘SG’ than say it’s for ‘SG’… I am no more interested in your sad little links than say, understanding your weird little jokes about… ponies, geetaws, mopeds or ‘shiny things??? a tip don’t get STUCK or try and play in traffic… you are old, slow and dull witted and will almost definitely get run over!!!
@M/E. did you listen to the biscut boy?
@Max
I think it would be helpful if you would go through a list of actions people can do to decapitalize. Am I to assume you are talking about not owning property?
Hard to do that and follow advice about owining land you can grow food on.
Anyway, it would be helpful.
UN Opium Farming Report Fall 2009 PDF http://www.unodc.org/documents/crop-monitoring/Afghanistan/Afghanistan_opium_survey_2009_summary.pdf
@SG
A good point. Stop regressing everybody, you are not ‘the children anymore’. Let’s rewrite it to “We are the jerks, we arre the assholes, we are the ones you will be kneeling to so let’s start praying, there are people dying, and you know you’ll be next, your life, the greatest gift to uuuss..” distribute outside the dollar zone..
@Bonn
My curry says those are racy lines..
Heres an example of what Lord Blancfyne can expect from his world view window
http://www.youtube.com/watch?v=83U_Vg1GRvA
@Max and Stacy
Lets organise a mass Haka in front of Goldmans office–200 Maori warriors thirsty for battle should do it
Bonn im an economic refugee living in NZ mate, learning to do the Haka and stuff
@Bonn. ya fast one today and no more insults. great.
Climategate U-turn as scientist at centre of row admits: There has been no global warming since 1995 http://tinyurl.com/yb2loyt
Man tis thread is movin like lightnin
And beat tis Dell has a policy tat they pay thier suppliers after 45 days While they take money up front from ta customer
Hic
I tink Henry Kissinger was involved here
Hic
http://www.youtube.com/watch?v=mABWR1jCmw8 for you @SG.
Max-
Why haven’t our betters pulled the plug yet? The Dow’s topped out at around 10k now for months. Haven’t they run the ‘recovery’ up as far as they can? Are there other opportunities for plunder still?
Intellectual property panel unveiled http://www.politico.com/politico44/perm/0210/holders_new_force_75ebb829-2119-41b6-a0e3-2992f4312f01.html
@B Gees
‘WE are the world, We are the CHILDREN’ what a great song Y’ALL… and now a quick word from our sponsors!!… wait, news coming in about … THE FALKLANDS… oh dear, like I said… getting more like the eighties everyday!!!
Eventually 18 x 4 = 72 peeps will have a capcity to assemble 10000 odd comps of 10000 various design and to 10000 different addresses IF REQUIRED being paid 4 $ a day
OFCource Logistics and other stuff they require Emmmm Errrrrr 30 odd peeps
Hic
The Country is Long Gone with these Jellyfish Fake government dupes
A girl fighting for her life after a car she was travelling in plunged into an ice-cold river was not rescued for almost two hours because health and safety rules prevented police from entering the water. http://www.telegraph.co.uk/news/uknews/crime/7224051/Police-unable-to-save-girl-from-icy-river-because-of-health-and-safety.html
@ namarama
Do ya know the factory @ Sri perembur (me spellin is cock)
Do ya know 18 peeps in charge of ta factory
Guess what thier pay is per day 4 $
Guess how many comps they can assemble per day 1800
Tats just phase one of ta factory
there are 3 more phases left
Hic
I’m surprised no one has posted THIS article yet
http://econ.ucsc.edu/faculty/aizenman/Using_Inflation_to_Erode_Debt_Nov27_09.pdf
As a share of GDP, the U.S. Federal debt held by the public exceeds 50 percent in
FY2009, the highest debt ratio since 1955. Projections indicate the debt ratio may be in the 70-100 percent range within ten years. In many respects, the temptation to inflate away some of this debt burden is similar to that at the end of World War II. In 1946, the debt ratio was 108.6 percent. Inflation reduced this ratio about 40 percent within a decade. Yet there are some important differences –shorter debt maturities today reduce the temptation to inflate, while the
larger share held by foreigners increases it. This paper lays out an analytical framework for determining the impact of a large nominal debt overhang on the temptation to inflate. It suggests that when economic growth is stalled, the U.S. debt overhang may trigger an increase in inflation of about 5 percent for several years. This additional inflation would significantly reduce the debt ratio, even with some shortening of debt maturities.
Check out this great “The Official Stanley Kubrick Movie Forum” http://tinyurl.com/ybd2cuw Amazing revelations.
Docu about Kubrick: Moon Landing A Fake or Fact http://tinyurl.com/y87to52
the secret to walking on water is knowing where the rocks are
Yeh! But what about SHARKS???
@namarama. that’s the game. now the pols got the jobs they can get a loan.
@ GGees where u frm mate ?
Tryin to get ta Valintine stuff movin
Rofl
Hic
@Bonn. i wanna move to india. wowowowsa. nice.
@ bonn
Those dell scumbags,
They pulled the plug on 5000 jobs here last year.
They made the employees train their polish cousins first..
Sneaky bastards.
Bonn post some of those cool Bollywood classics mate
http://www.youtube.com/watch?v=ot9OXSWYCuY&feature=related my friend
Movies that tell or teach you something? Found some movies and TV series myself which tell or teach you something. Also in connection with the NWO. http://tinyurl.com/yhl484n
A repeat of the Falklands? UK doesnt have the firepower anymore
http://www.telegraph.co.uk/news/worldnews/southamerica/falklandislands/7223381/British-oil-dispute-with-Argentina-escalates.html
DJ Bonn going Hindi y’all
Hic
Zeher – WOh Lamhe
http://www.youtube.com/watch?v=0WfqJ3QrFZM
Translation ;->
Wo Lamhe, wo baatein,
those moments, those talks
Koi na jaane,
no one knows
Thi kaisi raatein,
how were those nights
Hooo, barsaatein,
those rain showers
Wo bheegi bheegi yaadein,
those damp memories
Wo bheegi bheegi yaadein…
those damp memories
Na main jaanoun, Na tu jaane,
neither I know, nor do you know
(aaah)
Kaisa hai ye mausam,
how is this weather
Koi na jaane,
no one knows
Kahi se hai fizaa aayi,
from where has this breeze come
Ghamon ki dhoop sang laayi,
she has brought sunshine of sorrow with her
Khafaa hogaye hum,
I have become angry
Judaa hogaye hum,
we have become separated
Wo Lamhe, wo baatein,
Koi na jaane,
Thi kaisi raatein,
Hooo, barsaatein,
Wo bheegi bheegi yaadein,
Wo bheegi bheegi yaadein…
(hoooo…)
Saagar ki, Gehraayi se,Gehra hai, Apna pyaar,
our love is deeper than the depths of the ocean
Sehraoun ki, In hawaon me, Kaise aayeee-gi bahaar,
how is the spring going to come in the winds of trembling fear
Kahan se ye hawa aayi,
from where has this wind come
Ghataayen kaali kyoun chhaayi,
why have the black clouds over shadowed the sky
Khafaa hogaye hum,
Judaa hogaye hum,
Wo Lamhe, wo baatein,
Koi na jaane,
Thi kaisi raatein,
Hooo, barsaatein,
Wo bheegi bheegi yaadein,
Wo bheegi bheegi yaadein…
For the sunday video club: Imho the best movie line of the 20th century (Jeff Bridges)…
http://www.youtube.com/watch?v=HIpH01p-f_U#t=9m33s
tishttp://www.youtube.com/watch?v=ot9OXSWYCuY&feature=related sunday video
@Y’ALL
ALL TOGETHER, We are The World… WE Are… Ha, Ha, Ha… LOL!!!
Well seeing tat we on ta same wave lent will click on it
Hic
@ ronron
Dont get lazy
Always post what ya postin
Hic
@SG
Well, let me tell you something, funny boy, relax won’t do.That will get you killed. You said so yourself , remember. The only one waiting for me is the devil and till I meet my maker your on my list buddy boy. And that may not mean anything to you, but that means a lot to me. One whole hell of a lot.
Sure, go ahead, laugh if you want to. I’ve seen your type before: Flashy, making the scene, flaunting convention. Yeah, I know what you’re thinking. What’s this guy making such a big stink about.
Well, let me give you a hint, junior. Maybe we can live without profanity people like you and me. Maybe. Sure, we’re too old to change the world, but what about your kid, sitting down, opening a book, right now, in a branch at the local library and finding drawings of pee-pees and wee-wees on the Cat in the Hat and the Five Chinese Brothers?
Doesn’t HE deserve better? Look. If you think this is about you and me , you’d better think again. This is about that kid’s right to read a book without getting his mind warped!
Or: maybe that turns you on, SG; maybe that’s how y’get your kicks. You and
your good-time buddies. Well I got a flash for ya, joy-boy: Party time is over. Your on Youris Comrad list now.
http://www.youtube.com/watch?v=w0Yirtk3tYI
snoot;
the secret to walking on water is knowing where the rocks are
@Max:
Mission Impossible? I used to watch that series!!!
snoot
swiss banks and the swiss franc are imploding
part of the rush towards SDR’s, WB, IMF, etc. is to try and avert the whole swiss cheese from melting.
the swiss franc is trading like s*** – opening up a large spread with the CAD for example.
no, we can’t storm Bern – but we can recognize that these guys are in trouble and are scambling. They have never been weaker in the past 200 years.
the time to strike with a controlled decapitalization plan is now
@Max
Good news. ETFs, isn’t that expensive to set up? Are you going to talk about that?
@SG. tanks for ta tip. http://www.youtube.com/watch?v=auOd9PhylRo
Ta Nike shoe ya buy fer 100 $ is made fer 2 $
Ta Dell laptop ya buy fer 1000 $ is made fer 180 $ —> they dont wanna kill ta market they figured out tat they can make more money competeing than having monopoly or Micheal Dell thinks tat
I can give ya a whole run down on Dell
I werked there fer a year also visited thier JIT modell factory
Hic
mep__embryo
well congrats!!! and best of health to you!!!
Mother earth
i am in process of upgrading KbQ
we are going to introduce some KbQ ETF products
for both mkc and pmf sites
and make these avail. for web distribution
also will roll out another upgrade on pmf this week
Looks like Credit Suisse has jonied the conspiracy trying to undermine Spain http://tinyurl.com/y93uq7t
@eureka ma!
‘Well SG I think you know the answer yourself. We won’t ever forgive you and expect you to keep up assing this site up. And stop thinking cause there’s were it all went wrong’
huh, have you got a link for that???… if not summin about ALIENS or the FAKED MOON LANDINGS, will do… ooh, or maybe the illumaanti!!!…. youri, it’s the internet… I thought you knew… RELAX, maybe you should just go out get some more real EXPERIENCES or a better life, maybe a nice young MAN or WOMAN is out there just waiting just for you… QUICK, before it’s too late… don’t let these sad old WANKERS online suck away ALL your best YEARS!!!
welcome to the french connection henk
@ Henk
Ya just realized ????????
ROFL
Just Google dubai werkers or Chinese labor
Going to go make some coffee; my embryo wants to have a cup. (Creepy little thing!) So Happy Valentine’s Day to all. XOXOXOXOXOXOXO and don’t be suckered into parting with your money today!
Wall St. Helped Greece to Mask Debt Fueling Europe’s Crisis 13 February 2010 (The New York Times) http://tinyurl.com/ya8ljwa
How Goldman Sachs Helped Greece to Mask its True Debt 8 February 2010 (Der Spiegel) http://tinyurl.com/ya4qxfh
Is Goldman responsible for Greek crisis? RT Vid http://tinyurl.com/yhqwanc
Ther is something very F**king wrong in the world!
“the ones that never posted a cute photo at xmas like ME(P) did, in fact I imagined them”
What??? Stella’s insulted. She’s cuter than a bug’s ear!
http://www.jokesandhumor.com/jokes/pictures/redneckfamily.jpg
I mean: ya got something against red umbrellees?
@ SG
me 2 cents
If someone goes on ya personally in a bad way go all out man I’ll be yer back up
Have an Ego equivalent to Pride nothing less nothing more is ta policy I follow
Hic
@ max and stacy
well somehow I don’t care so much about the slavery in the US. I was horrified by the tv yesterday about the malaysien workforce who had to work for allmost nothing to feed our fat asses and the big coorperations, for one thee are ceahp products and for the cooperations there are massive margins. Incredible.
http://www.thenutgraph.com/modern-day-slavery-in-malaysia
@SG
Oh yeah one other thing. If you really let your daughter read along you must stop calling people on this site names cause that’s how you came on “Youris Comrad List” in the first place.
How do you think Alex Jones Survives in the Texas ??????????????
Is there anything new under the sun?
Oh.. more corruption
We must decapitalize them ourselves – to decapitalize the empire.
The empire is firmly ensconced in Europe, Max. Are we marching on Switzerland? Are we sending the patriot club with clubs to Basel? The people set over us are fattened by their smug approbation.
@SG
Well SG I think you know the answer yourself. We won’t ever forgive you and expect you to keep up assing this site up. And stop thinking cause there’s were it all went wrong.
But the model is the same in every country
a)Judge
b)Police
c) Media outlet = Winning party
I can bet my ass on that
Hic
@Max
You can probably handle me asserting that KarmaBanque is not working, not in its current form without adequate marketing and site updates (since 2006 it seems). I can offer decent rates for an overhaul
but succes imho comes with an inconic (and justifiable as Alex Jones righfully expected) victory. I wonder whether BK is the mechanism and maybe you should ally with a chinese backed hedgefund (who seem to be able to sweep up any place)..Plan B is to insurrect the IT backbone which is not at all impossible to do.
I’m set to make a second run at the bartersystem I developed, with a legal framework around it..That is decapitalization because it makes cash obsolete and introduces a metals standard in one swoop..
@ Jon
Plus if you have more than one party it makes it harder to hate the other party and blame everything on them.
Exactly my point there would be too many peeps to fight
Tats what happens in India
And any state in India can jump into a revolution within 24 hours because of an Independent.
Hic
I remember When I was in college a short bugger got ragged in college in the first year
A week later a bus load of peeps came and thrashed the seniors who ragged him badly
Unsure is this is a repost from 2 weeks ago
Worth listening to this one: Gold, China, Bernanke, inflation
Jim Rickards
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/1/30_Jim_Rickards.html
@Y’AL
well, it is sunday ain it!!!
I think this was the kinda article SG posted before Boring jobs kill – Student Branch – people in low-stress jobs die sooner than those in high-stress jobs – Brief Article http://findarticles.com/p/articles/mi_m1145/is_8_37/ai_91398918/
@Max Keiser, nice reference to Spartacus earlier!
In the name of Max Keiser who art from wall street, forgive me father for I have sinned, especially this past week, please show me the mercy you have shown the vilest posters and the sickest most wretched media whores, MAX I have sinned, I have not been drunk this week nor have I been high, and I have not smoked packs of cigarettes,I have not used to ‘F’ word in my posts, or used terms that mocked black people, women or homosexuals,though In fairness I did make fun of and show pride my partners arse crack in one post… Max forgive me I have not yet learnt to drive and so have been unable to break the speed limit while driving, I have walked everywhere again this week,though again in my defence I did give a dog a kick that got in my way when I was in a hurry to log on, Max forgive me for not being greedy self inulgent and restraining from drinking coke, and forgive me for not succumbing to the adverts on your site, Max forgive me for not leching over stacy and for being content with my partner and being especially turned on by her in her sexy new bra, and forgive me for not making bitchy comments about stacy’s hair or her choice of clothes, though again in my defence I mocked the photo of Y’All taken in Russia, though I didn’t have the strenght to ridicule your red puffa jacket, And O Max Forgive me for being self employed and not having a rich boss to hate, Forgive me also for allowing my 12 year old daughter to read the comments with me sometimes if only to reassure her azt what I laugh so hysterically at… KAY, KAY… nearly finished … also forgive me for allowing my daughter to assist me in showing one of your older posters how to cut and paste a link, forgive me for posting lots of POP ans Soul songs inspired and influenced by the most dilligent Do-wop…. But my worst sin Max… O Max, I am so ashamed it is hard to say these words… MAX, I have hoped for a complete and total happy future for an american citizen who is a long time regular poster on your site… yes, ME(P)… MAx I have thought nothing positive thoughts for her as always… though in defence again, again I have imagined how ugly and disgusting the other women on the site are the ones that never posted a cute photo at xmas like ME(P) did, in fact I imagined them…. OH, oh yeah, SORRY forgot about the queue… O Max PLEASE FORGIVE ME for I have SINNED!!!
@ WL – Thanks for this: The progressive strategy is complete government control by making the population completely dependent..
Now I know better than to waste time reading your commentary on progressives.
@ Stacy – Thanks for that great link on Bowles. Really looking forward to that show.
And wit ta money ya could Instantly start production in ta US
Hic
Well a year or so
@eureka ma!
saw it on ‘the spasticus autisticus for number one ‘ FaceBook page last week… nothing strange there just a quincidence… don”t get PARA… maybe just get out once in a while!!!
bonn, I think if there were more than 2 partys in the usa it would just confuse the dumb amerikan public. Its easier for the banksters to just have one party that likes war and profits. And one party that says it doesn’t like war but still does it cause of the big profits.
Plus if you have more than one party it makes it harder to hate the other party and blame everything on them.
@Max__next show … rant on decapitalizing the evil empire … we would enjoy the education
@ ronron
Yup
The Ghandian way would werk too
I still strongly believe in 3rd party or 4th party
U could have a smooth transistion and u could still prosecute and get ta money back
Hic
@SG
Well now you try to get deep into Maxs ass huh!? Well I am onto you mate. That won’t work.
A 2 party system indicates only one boy has all ta money in US
Ooooh I am brilliant IMO
N hes controlling all ta shit
Hic
ROFL
@Y@all
oops that didn’t work well!!
http://www.facebook.com/profile.php?id=100000347655857#!/group.php?gid=252061771968&ref=ts
@MaxKeiser. boycott?
mother earth
i think we are well past that conceit.
on this board, we say, ‘never negotiate with financial terrorists’
there is no regulatioin, law, politician, philosophy or technology that will save us from the financial terrorists.
only decapitalizing them will work
k
a
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m
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@maxkeiser.com
erm… weird, saw that clip on here last week… I didn’t watch it though!!!
http://www.facebook.com/profile.php?id=100000347655857#!/group.php?gid=252061771968&ref=ts
@Stacy. hope you have a good one. you to Snoot.
mk: they know it already. Talked to any lately?
HAHA!
We still operate under the dollar/reserve system. These people don’t have any idea what suffering really is to be like. Those who did not profit from the dollar/reserve advantage could most likely share their stories with us. I lived in Peru. The dollar gave me advantage over the people. The system operates through a flow of gyres dependent on the center: trade hegemony.
While we still make our little ‘family trees’; while we still choose which bank to put our paper in; while we still manage our own decision about travel or work; we are still operating under the old paradigm. The new paradigm will divorce one from those little nuisances!
The progressives are both in the red team and blue team. it is veiled elitism born from Marxist ideology and Fabian socialism. IMO, the power of the state controlled by the elites vs the individual rights and freedoms “to keep the fruits of ones labour”. The progressive strategy is complete government control by making the population completely dependent.
The debtors are “Useful Idiots”
The fiat system is a debtors prison.
Remember, the governments control the markets and in deflation the government debts rise and its tax revenue drops. They will do everything to ensure inflation. The problem is that all fiats will devalue together so the end game is a 1930′s style inflationary board move. They must devalue against gold.
http://www.dsnews.com/articles/tarp-watchdog-says-small-banks-cre-losses-could-hit-300-billion-2010-02-12
@ronron – that’s because it’s Valentine’s Day . . .
snoot
1 – basel/worldbank/imf = bad
2 – decapitalizing them = good
a) our gov’t should decapitalize or ‘drain the swamp’ of these bad guys but . . .
b) these bad guys now own and operate the gov’t so . . .
– We must decapitalize them ourselves – to decapitalize the empire.
@Max
Keyboards problems.
Inflation is only good for the debtor. And who is the biggest country in the universe with a lot of debts ? THE United Slaves of America. It’s only a forgone logical conclusion that the country wiht the most debts in the world and which has the obscene privilege of possessing a world reserve currency, is going to use its privilege to murder its creditors.
Krugman is right. Snuff out the US creditors.
What’s cool is that it’s mostly real dumb foreigners that still don’t get it. They are going to be snuffed out, drowned in paper till the debts represent nothing. No it’s not morai or ethical. Bur what is in economy and specially with USA today ?. Drown the whole world in paper to EXTERMINATE and DECIMATE the creditors. It’s an old trick. Benjamin Franklin finance the revolution with that trick.
Benjamin Franklin regularly boasted how a wonderful way it was to screw the creditors. It’s not a bad solution if you are in the USA position with all these stupid Chineese, Japaneese, europeans, Russians, Arabs, Koreans that still don’t get it. They indeed don’t get it.
It’s a dandy way in sum on never paying your debts. And it works. Horrible to say.
@stacyherbert
I guess you missed somtin on th board here. @SG found an article that proves that infighting keeps you healthy. So, I guess we just try to keep ourselves healthy here and not die of boringness. @SG provides us with the proper alibi by acting up like the big ass on this board. TnX SG never can thank you more enough.
never seen so much max and stacy on a thread. liking it.
Oops.. http://www.googlelunarxprize.org/
Can I just take this opportunity to insult everybody online and thank them for the pleasure, especialy the Juxtapoet..I feel deeply depressed about all this financial crap so if anyone could bare a shin so I can kick it with my steel nosed shoes that would be a great relief thank you.
The dawn will come when somebody asks:”Did those bankers earn that money, or are they just keeping it? If they are just keeping it, than why can’t we keep it?”
a new Fed/ institution is bad
centralized money like all centralization has very limited appeal when organizing a society.
@ Jon
stacy, I think its just cause its “valentines day”. The happiest day of the year.
LOLlololololololol
ROFL nice one
Hic
nobody pays attention to basel
Well, not members of le cercle anyway. Why should they? They operate for the currency cabal.
Verbal twister? While lathered in soap? No mouth washing with soap!
Re: slavery being a constant:
More African Americans in prison today than enslaved in 1850: http://www.huffingtonpost.com/michelle-alexander/the-new-jim-crow_b_454469.html
In prison (where I might add they cost the taxpayer between $25-$30k per year to house which encourages states & prisons to bid on housing them), the prisoner is then forced to labor:
http://www.youtube.com/watch?v=ScBC2nZ1Ntg
@Max
Inflation is only good for the debtor. And who is the biggest countru in the universe with a lot of debts ? THE United Slaves of America. It’s only a forgone logical conclusion that the country wiht the most debrs in the world and which the obscen privilege of possessing a workd reserve currency, is going to use its privilege to murder its creditors. Krugman is right. Snuff the US creditors. And what’s cool is that it’s mostly real dumb foreigners that still don’t get it. They are going to be snuff out, drowner in paper till the debts represent nothing. No it’s not morai or ethical. Bur what is in economy and specially with USA today. Drown the whole worl in paper to EXTERMINATE and DECIMATE the creditors. It’s a old trick.
Benjamin Franklin regularly boasted how a wonderful way it was to screw the creditors. It’s not a bad solution if you are in the USA position with all these stupid Chineese, Japaneese, europeans, Russians, Arabs, Koreans that still don’t get it. They indeed don’t get it.
It’s a dandy way in sum on never paying your debts. And it works. Horrible to say.
@max__the Fed will be replaced by a new institution –
tied to IMF, World Bank, etc.
are the imf and World Bank like blood bandits? the fed is replaced by what, another arm of the elitist rulers? or will the new institution be beneficial to the sheeple?
USA needs more partys
In India we have Coilations I think its far better than the US system
I just hope Ron Paul and others manage to get a 3rd party system going
Its actually pritty Simple Politics
A–> get One of yer party members as a supreme court judge
B–> Get one of em to be in charge of the highest form of policing
C–> Buy or start a Newspaper tis is ta most important part has been and always will be Look at Richard Branson what did he do ???
He caught em young with his magazine
Hic
Untill a 3rd option or a 4th doesnt arive we all headin towards the Edge of ta cliff
That would be more Economicably viable then a peacefull or violent revolution
And if ta fucker is still alive go after him right now
“Slavery has been a constant.”
Tell that to the people of color in the United States!
mk: they know it already. Talked to any lately?
Slavery indicates the divorce of people from profit over their labor: the absolute control of the human agency. Slavery is also indicated by the divorce of the mother from her own progeny, by the slashing of blood lines through the attrition of belonging. Human flesh is divorced from the soul. The flesh is considered the proprietorial property of the elite. The same rheotric that allowed slavery to profit men now is being used to reinstitute global slavery.
MK: the GOP is against abortion in America just like the plantation owners forbid it and for the same reasons. but replace forced labor with forced consumption.
The Keynesian ideal is forwarded by Stiglitz and by Krugman. They don’t tell you the endgame: they are the parrots. The ideas of both men are fed to them with silver spoons.
MK: they are all a bunch of salon monkeys looking to get a table at the Four Seasons just like that other air bag Thomas Friedman.
Global citizenship=global slavery TO THOSE PEOPLE STANDING IN OWNERSHIP OF THE BIS/IMF CABAL.
MK: The BIS/IMF are seriously bad. So why not decapitalize them in the ways I have outlined in my many posts. It’s time.
ran into don at maple leaf gardens. asked him how he liked my outfit. he said not bad kid not bad. little uncoordinated but not bad. hahaha. don loves a good fight.
@Bonn
Maybe find some anwers here: How Stanley Kubrick Faked the Apollo Moon Landings: Or How I learned to Stop Worrying and Love the Lies.http://www.jayweidner.com/AlchemicalKubrickIIa.html
Fake Dutch Moon Rock Confirmed http://www.youtube.com/watch?v=7ZO6JPsszrY
Basel rules are meant to implode, not reform, the dollar/reserve system.
@SG. i admit to insulting you. sorry bout that. can we stop the insults. you admit to not knowing what the fucks going on. fake it till you make it.
Anything thought up by bankers is only to increase their profits..The banking system is a government with no elections and unconsious tax payers..
Google has a moon X Prize.
or is this just verbal twister?
@s.herbert
surely that’s already been exhausted on the sunday vid club, anyway which Don Cherry???
@Stacey:
I’m extremely sorry I said “shut up”. Should I wash my mouth out with soap?!
i’m looking – but can’t see – what the primary bone of contention is?
“Slavery has been a constant.”
Tell that to the people of color in the United States!
Slavery indicates the divorce of people from profit over their labor: the absolute control of the human agency. Slavery is also indicated by the divorce of the mother from her own progeny, by the slashing of blood lines through the attrition of belonging. Human flesh is divorced from the soul. The flesh is considered the proprietorial property of the elite. The same rheotric that allowed slavery to profit men now is being used to reinstitute global slavery.
The Keynesian ideal is forwarded by Stiglitz and by Krugman. They don’t tell you the endgame: they are the parrots. The ideas of both men are fed to them with silver spoons.
Global citizenship=global slavery TO THOSE PEOPLE STANDING IN OWNERSHIP OF THE BIS/IMF CABAL.
stacy, I think its just cause its “valentines day”. The happiest day of the year.
@maxkeiser.com
funny I saw that clip here last week… never watched it though!!!
http://www.facebook.com/profile.php?id=100000347655857#!/group.php?gid=252061771968&ref=ts
jgir:@max what probability would you put on dissolving the fed going forward in time??
the Fed will be replaced by a new institution –
tied to IMF, World Bank, etc.
yes, basel req’s will be key during the discussion and then promptly ignored by Goldman and ‘da boys.
Basel says that Wall St. banks have to have minimum cap. req.’s – Goldman has not met that threshold since going public. It has broken this fundamental law openly for years.
What’s up with everyone shouting at each other!?!?!?!?!?!?! Are we about to see an outbreak of some serious comment board rage? Maybe we need to post some Don Cherry so that we all chill?
@MaxKeiser. can the average schlemiel get around them?
@ Thepersonwhocantstopcomplaining,…….take ronrons advice, go and play with the traffic! : )
@stacyherbert
Fortunately the Greek people know their government is corrupt so they are very subversive to the gov. unlike Holland and the U.S..
Even in a Greek village for instance if they don’t like somebody they simply wack him together. I was snorkeling around somewhere in Greece when i found some human bones. I was about to report that to the local police but first consulted a Greek friend I’ve made in the mean time. He said throw them back and forget about it, so I did ahah! Didn’t feel bad about it all cause now I really became part of the community and their secrets. And I can tell you that with my personality that’s normally a very difficult to do.
So, generally Greek people depend on each other and despise the central government. My sister lived in Greece for a while doing anthropological research so she that’s how I know somtin about Greek society.
When she was about to get married with a Greek she went by her Greek Grandma who give her a big piece of Yesssss GOLD! You think these Greek people are stupid by thinking Gold is not worth anything? Forget about that brews!
@max what probability would you put on dissolving the fed going forward in time??
WTF?
we talking about basel req’s or what?
lunar program why didn’t obama create a ‘world cup’ type of event for flying around the moon
I read somewhere tat a russian scientest says ya cant go to ta moon cause of some radiation nonsense
Cause I find it strange we are not sending peeps to the moon anymore
Meaning u’d hafta go in a lead box
Unless they use materials we aint aware of
Hic
http://www.youtube.com/watch?v=-8h_v_our_Q
@Y’ALL
if you wanna have your sad little running jokes in references and inane chit chat together that nobody but you four or five understand, FINE but please stop acting like it’s your GOD GIVEN right to talk shit and exclude other people on this website… and that nobody has a right to say anything or complain!!!
Better link I hope for Davidson:
http://docs.google.com/viewer?a=v&q=cache:lD0vGHWJvM0J:thefourthpillar.ning.com/forum/attachment/download%3Fid%3D3426499%253AUploadedFi35%253A496+reforming+the+world's+international+money&hl=en&gl=us&pid=bl&srcid=ADGEESj5N8FZtkYNtNCM8-M-NHxtctnRzlJMLUo6T_iH-YpQHQvRHNCWXyT1iN2LXfFq93xHFBdaHKlcrt3BzNAiCRXNWTt-Y9V-7sh9d0nMUqBPMfa4bJCtK_jIDuZ0URTix1u9i9ep&sig=AHIEtbQ3m2SS599mS-QnOKP8g9WxF_w4VQ
Time for the slaves to rise up..They will once they get hungry.
snoot:
nobody pays attention to basel
for example, CDO’s were invented to bypass basel by adding US gov’t bonds to a pool of junk that satisfy basel margin req.s
show me a basel rule and i’ll show you how to go around it.
the idea behind margin req’s and reserve requirments is at the heart of the fractional reserve banking system that – we now know – is unsustainable in a fiat money based economy.
any talk about basel is a side show
@Youri
Wasn’t intending to step in the middle of a big argument. What kind of economist would you call Krugman then. Sounds like what I have thought of as The “Keynsians” are not really.
A sunday win..In Australia facts can not be copyrighted..
http://yro.slashdot.org/story/10/02/14/0857256/Australian-Judge-Rules-Facts-Cannot-Be-Copyrighted
sg you sure know how to pull down a room
@SG. snoot is telling the truth. a lot of decisions have been made for you. your not going to like them. no insult required.
imo we likely go into deflationary period, followed at some point by a spike of hyper inflation. Its any ones guess how this unfolds
Reference to “marshall plan”:
http://api.ning.com/files/wQOuBgAjrtuHBN*PD19YNkRBDnfmn180Y1TEVi-VIYKeLazYZLqTFwAAshCvDNxbGIqLqCBHRYb8rNcImXruySCQbXIBRDfl/novembernewsschool.pdf
http://ipsnews.net/news.asp?idnews=48382
The Plan is to fully implement Keynes’ ideal. It’s called the fourth pillar. (Basel 1, 2, and 3 are the three pillars to lead to this fourth reich).
http://thefourthpillar.ning.com/
@Stacy. funny how a lot of ‘peeps’ think the home owners got bailed out. who’s the guy on wall street? asked if you want your neighbor bailed out. real piece of work.
@Y’ALL
something or somebody needs to go outside or onto THE FORUM, all this catshit is attracting FLIES!!!
Didn’t they profit off slaves in the 19th century? Inflation was indicated by the loss of life, liberty, and happiness to the human ‘capital’.
Slavery has been a constant. The current US economy benefits from having a slave-prison class and 50 mn. slaves either dead broke or working near it who, when they get sick, are thrown overboard into the Great American Gutter (GAG).
The big difference, the reason for the inflation in the 20th century has been the intro. of the Fed. and the empowerment of the central bankers who hoodwinked the masses with ‘monetarism,’ ‘friedmanism’ and ‘keynesism.’
@Youri Carma – notice in the Greek legislation that it is just ‘real persons’ that are subject to these laws . . . ie, the fake corporate persons are above yet another law that we are subject to
the war on debt is coming your way. yippie
@WL – you can hate on Joe Bag ODonuts and imagine that Mr. & Mrs. Average Joe has more power than the lobbyists who write the legislation all you want, but who exactly is being subsidized and bailed out by the govt takeover of Fannie & Freddie? Is it the home-mortgage owner or the owner of the bonds?
http://www.zerohedge.com/article/latest-spin-gse-take-poor-and-give-rich-saga-reverse-robin-hood-construct
(This is hardly a progressives dream and shouting that it is ‘socialism for the working classes’ is exactly what the sponsors of the Red Team vs Blue Team Games want).
@SG
Why don’t you find yourself a nice place outside to hide and go fuck yourself!
@WL. next is federal debtors prisons. after there built they’ll pass them along to big bizz for pennies.
@frances snoot
Capital is allowed to go freely except for your capital. Every transaction above Euro 10.000 is automatically reported. So we get treated like criminals but the real criminals can do everything they like.
Max seems to have man crush for Mish, not that there is anything wrong with that.
Anyway, the US ia a complete welfare state, a progressives dream.
The unspoken, bottom line: The federal government has already nationalized the housing industry. We’re not just talking about Uncle Sam providing a few subsidies, or even taking over a few of the big players, as they have in the auto industry. This is a complete takeover. Every new mortgage today is a government mortgage.
Over the last two years, government mortgage and mortgage-backed holdings have grown on net by nearly $1 trillion. Private investors and institutions have shed more than $1.5 trillion — through foreclosure losses, pay downs, and by selling to government.
The effective result is a government-run housing market. Barofsky reports that right now, the government is responsible for about 100 percent of all new mortgage activity. You read that correctly. To put it in his own words:
“According to Federal Reserve net borrowings data, the federal government and the organizations it backs now guarantee or issue almost all net new borrowings for mortgages and MBS.”
Read more at the Washington Examiner: http://www.washingtonexaminer.com/opinion/columns/Barofsky_s-warning_-We_re-all-on-welfare-now-83961147.html#ixzz0fWfhrsTv
@Snoot hahahaha. good one but lets not get fooled again.
They are a fast growing class of society “The Working Poor”
Number of working poor is growing (Google trans from Dutch) http://tinyurl.com/ykceb47
SG:
Why don’t you shut up?
Keynes didn’t think countries should operate their own sovereign interests: he believed in punishing countries with surplus account reserves by taxing those reserves. He believed that an international body should set interest rates for the regions:
“But for all the other things, as long as capital is mobile across national borders, it is the absolute advantage, not comparative advantage that determines trade patterns.”
http://www.i-r-e.org/fiche-analyse-175_fr.html
The dollar system operated under ‘absolute advantage’. The world powers are now moving towards an imminent non-negotiable change to a new system of international finance: it is the Keynesian system:
“What did Keynes want to have in this Bretton Woods system?
First of all, he wanted a global monetary regime that operates without currency hegemony. He didn’t want to have the dollar at the heart of the system. He conceived of some supranational central bank with an international currency which only national central banks could deal with, not the public. I’ve been arguing that you don’t need a central bank; what you need is a clearing union.
Secondly, he wanted global trade relationships that support rather than retard domestic development. As soon as a country starts to develop it encounters the following problem: whenever it gets out of step with its trading partners, it runs immediately into balance of payment problems, must tighten its belt and try to succeed by controlling the currency, and therefore never has to worry about the balance of payments.
Third, Keynes wanted capital flow constraints, which is part of China’s strategy today, and this strategy seems to work.
Fourth point, a very important one: If there is a balance of payments problem, you want an international currency that puts the major onus on the creditor nation to solve the problem, not on the debtor nation. The problem with all convertible currency – whether with fixed or variable exchange rates, it doesn’t make any difference – is that the debtor nation is the one that’s required to tighten its belt; whereas the wherewithal for solving the problem is with the creditor nation. They have the money to solve it and Keynes suggested how this could be done: the creditor nation has to spend it excess reserves – it could spend it on buying products from other people, on foreign direct investment, but it has to get rid of those extra credits. If China doesn’t want to buy our products, it can invest in our light rail indus- tries, helping us to solve our transportation problem. We could sell municipal bonds to China to produce light rail, solving two problems at once and getting rid of their excess dollar reserves. Or, if they won’t do either of those two, there would be a 100 percent tax to take away these extra reserves. Instead of reserves, we would have something which I would call the Marshall Plan.”
@Y’ALL
If anyone cares or can be bothered it is easy to see this was quite an interesting thread… bout inflation, until at 2.30pm when someone starts to drag it down with their bruised EGO and a a bitchy little comment ‘meeow’ because they can’t handle constructive critisim, then the usual suspects take that as a sign to start infighting and sniping… and at 3.15 someone makes a really said attempt at what seems like grovelling or summin, ALL HAIL CHIT CHAT… why don’t you go on the FORUM with the sad in jokes and all that SHIT!!!
@Carmen Azul
You can say that but you won’t escape them by taxing you or the police harassing you with flawed tickets. Parking fees, taxes on almost any little thing you do.
The Hidden poverty in the Netherlands has risen dramatically in the last decade. There are a lot of people who work but earn beneath the poverty limit. Long live the Neo Liberalism which destroyed the middle class by driving down wages and letting foreigners in. They are the scum of the earth but people are too stupid to recognize that.
I
http://www.youtube.com/watch?v=CoUCRjU63ow
Bankers are smart, there is no doubt, so what they do is control things, and if they can’t control them, make it seem they control them. Also whatever bad comes that can not be hidden or denied has to be aknowledged as intentional and a big success (they took some lessons from Napoleon). So it is no surprise they now will try to bring about inflation, which they probably will make seem very hard to do.
We all fall for simplification meaning that we rather think about money then the assets they allow to be exchanged and the essential processes that enables. Therein lies the first an primary cause of ignorance about the ‘economy’.
Banks are like casino cashiers that have the right to force you to play..
How long can inflation continue?? Since inflation is a vessel to extract wealth, wtf happens when there is nothing left to extract??
schlemiels hahaha. did you drive or did you flew. sid dithers.
One more quote from keynes
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
John Maynard Keynes
Youri – “By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. ”
John Maynard Keynes – http://www.brainyquote.com/quotes/authors/j/john_maynard_keynes.html
And this: “The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.”
Ben Bernanke, Tim Geithner, Hank Paulson, Lloyd Blankfein, Jamie Dimon, Larry Summers, Frederic Oudea, Oswald Grübel, Josef Ackermann, etal are much more effective anti-capitalists than someone wearing a balaclava and breaking a McDonalds window
a properly functioning economy should have an inflation rate of zero
inflation only helps debtors – and growth based on debt is almost always fraudulent is some way.
growth based on non-inflationary innovation should be the goal.
and another thing – instead of scrapping the lunar program why didn’t obama create a ‘world cup’ type of event for flying around the moon – so guys like larry ellison could have fun innovating.
Only tri-tex glue for americans now – safe to eat. what a bunch of kindergarten schlemiels.
Didn’t they profit off slaves in the 19th century? Inflation was indicated by the loss of life, liberty, and happiness to the human ‘capital’.
@max__the inflation rate from 1801 to 1901 – a period of unprecededent growth was zero.
Man that chart looks and smells like a huuuuge bubble.
If they would give money directly to the poor (cause the rich would only put it on their bank account) , that would be Keynes. Not filling up Wall Street pockets.
“The avoidance of taxes is the only intellectual pursuit that still carries any reward.”–John Maynard Keynes
http://www.brainyquote.com/quotes/authors/j/john_maynard_keynes.html
@MaxKeiser. anything to do with gold. hahaha
If ta whole world stopped fer 2 days just 2 days and searched the net
& ten voted we would’nt be wastin our time now
Hic
the inflation rate from 1801 to 1901 – a period of unprecededent growth was zero.
http://www.economics-charts.com/cpi/cpi-1800-2005.html
@Youri
I am thinking of the idea that tinkering will solve our problems. Not going to solve predatory economic practices.
Just what I’ve been shouting out all tis while
Lack of transperacy in Everything
Hic
@Youri – excellent points; plus, regarding the growing concentration of wealth, you might find this interesting: http://sfreporter.com/stories/born_poor/5339/all/
We will be interviewing the economist, Sam Bowles, profiled in the article
Maybe Shakespear knew a thing or 2
“All the world is a stage …..sometin
Hic
Whos tat other bloke who wrote ” there seems to be a hidden hand in ta world ”
@ Max
I read in one of yer comments ya used Lord Rothchilds —–>>>
Ugh
If hes a Lord
Then I designate meself
Emprorer Of the Universe Bonn
ROFL
Hic
@SG. i smell urine on the foobl stairs.
@Carmen Azul
That’s is the big misconception: What has filling up bank balances and paying banks snake eye bets have to do with Keynes? What do derivatives have to do with Keynes?
So, Keyenes never really as been administered really except for those auto scraps but that is crap on the whole economy.
If they would give money directly to the poor (cause the rich would only put it on their bank account) , that would be Keynes. Not filling up Wall Street pockets.
An other misconception is that; Creating Ultra rich is good for the economy. No! It isn’t cause they already have everything and do nothing for the economy except wrecking it up by misusing this money in corruption.
@Y’ALL
!!!
tut, tut, what, what, sniff, sniff,…. can I smell a burning martyr or three…
@Youri – I believe Krugman is arguing for higher inflation under a ‘normal economy’ . . . so that instead of targeting inflation at 2pc, central banks should target at, for example, 3pc; So that higher food, housing and energy prices, etc. don’t result in the Fed tightening monetary policy
@Snoot. gold is worth nothing to me. waiting for the suckers to pay my debt. simple as that. i got good hands.
@Stacy. as you know it’s theater.
@ronron:
I used to get gold ‘shiny’ stars on my school papers. Are they worth something too?
It must be very confusing to be a Keynsian these days.
@ronron – I’d be curious to know whether those economists were worried about budget deficits when those deficits were being incurred to bail out bankers?
@Snoot. like max said were all palistinians now.
@frances snoot
Yeah snoot, It’s A Lovely Day Today http://www.youtube.com/watch?v=v1K54lEPCa4
@Youri:
You called me delusional before. Now I’m only ‘out-of-whack’? Have I lost the curve? I think it’s around here somewhere…
http://news.bbc.co.uk/2/hi/business/8514767.stm
So what are they going to do to Fix this inflation than? Good ol Printing Press?
Global financial regulation, Youri, and a global financial political body. The global regulator sets rates for regions and maintains imbalance of reserve by force. Human behavior is controlled through the police/state/rule according to the new gdp indicators. Sarkozy talked about it according to this:
“We will not be able to change our set ways until we change the way we measure and represent things, our criteria.”
Stiglitz new ideas about gdp (according to some subjective happiness indicator: according to sustainability, economic societal imbalance, education, et.al) will be included in the sdr/reserve for the nation/state.)
The big change that is coming is the switch to this system.
@Dedo. sorry bout that.
@Snoot. hello. it’s shiny. like i said.
@frances snoot
You’re getting outoff wack snoot, it has nothing to do whit that.
I’ am an independent person, I always have bin and always be.
Here’s a simplistic take on the lawful and legal modalities :
http://www.youtube.com/watch?v=5-y3mBKY4z0
How on EARTH did Krugman get a Nobel laureate for economics?
The man is an idiot – well, OK, to be fair, he’s not (by the dictionary definition) an idiot but he displays a naivety and complete lack of common sense that is dumbfounding in one so highly educated.
DavidC
Raining in stimulus like Bernanke is planning sure won’t help inflation.
I don’t hold Paul Krugman’s words as something reliable. He is just one of many puppets out there.
@maxkeiser
So what are they going to do to Fix this inflation than? Good ol Printing Press?
@Youri:
You sure weren’t singing happy about my posts, Youri. Would I have been more palatable if I were doing “god’s work” like Lindsey? Or is it just that Lindsey is selling gold on-the-side-like? If I were pro-gold would it be ‘okay’ to talk about the sdr-reweight? Or it the sdr-reweight a problematic for gold value?
‘targeting’ or fixing the rate of inflation is an attempt by government to fix prices a la Soviet Union fixing the price of cars and beans. It doesn’t work if the goal is some kind of market-driven economy. No such market-driven economy exists in the US except for the illegal drug trade. Everything else of course is subjected to monopoly pricing and market rigging.
“Most economists no longer use the Phillips curve in its original form because it was shown to be too simplistic.”
http://en.wikipedia.org/wiki/Phillips_curve
I would love to see Schiff debate Krugman
@frances snoot
Actually he says he’s a Chaplin. I remember him saying that he was out of work and he needed a job. Because they had many psychological problems with the man working up North on those oil riggs they needed someone for the soul. Because Lindsey could fill in this gap it saved them a lot of money cause they had less workforce dropouts so they kept him and even respected him.
But the person who comes with very valuable info is beside the point for me. peter sellers isn’t less funny for me by knowing he was a ass in his private life. So I get the feelin that your duped by dismissing info on personal wacky grounds – WRONG!
Dubai debt offer denied
http://ca.reuters.com/article/businessNews/idCATRE61D11820100214
LOL
“Yes, that’s right: send in your gold, the one thing you own that is actually worth something, and we’ll give you a few pieces of paper”
What is gold worth, ronron, outside of the paper price?
@NotAnEconomist
Those scarp progs are indeed “money entering the real economy” but is so insignificant on the whole money system scale that you can forget about that. It was more a distraction to keep the people quiet in there television sleeping state.
You gotta ask yourself what did that scrap do for my local business man and woman? What did it do for the construction workers round the globe?
What happened with you regarding Pastors? misused or somtin?
Who says Lindsey is a pastor? Where is his congregation? He told us he is a pastor that went up to the north to serve ‘god’ by being a word of light to those nasty oily capitalists. Is he ordained? Is he a marketing device?
The thread is about inflation, so I don’t feel I’m off-topic concerning the sovereign wealth funds, seeing as they are privy to the sdr/unit which is safe from currency volitility. These oily ‘friends’ of Lindsey must surely know something about the sovereign wealth fund, Alaska Permanent Fund:
http://www.apfc.org/home/Content/home/index.cfm
The information Lindsey deigns to give us, you know: this this this but not that, is most likely pertaining to the imminent reweight of the sdr-basket in December 2010. It really is a matter of personal investigation in determining what the world is becoming due to the switch coming to the sdr/reserve system. Lindsey seems to be unaware that the US is functioning as a part of the IMF/G20.
Because the sovereign wealth funds are positioned with access to the IMF unit/sdr, the sdr access dispenses great power to these functionaries.
OECD operates as a means of political power as well:
http://www.oecd.org/home/0,2987,en_2649_201185_1_1_1_1_1,00.html
The power derived is through the soon/to/be new reserve system. OECD is a branch of the IMF which operates the swf-dynamic.
Lindsey was right that the oil-barons in the Middle East would be bankrupted, but he doesn’t mention the sdr. Why? Would that be the THAT that ‘they’ threatened him over the phone about? Or is he set to profit from giving out information that profits his backers?
@frances snoot
Nop, cause I am my own Pastor. But you seem to have a kinda Pavlov reaction on him. What happened with you regarding Pastors? misused or somtin?
@youri,….Lindsey looks a bit like Ron Paul,..Don’t ya think? : )
(Both like to spin a yarn!)
Dan:
Japan has been running QE for the best part of 20 years, and has been dipping in and out of deflation for that whole time as well. QE doesn’t cause inflation. It doesn’t really do anything useful either, but that’s another story.
Youri:
The stimulus programmes put in place around the world have entered the economy – just look at the various car scrappage schemes for example – but they’ve been poorly targeted and too small to fully counter the economic declines we’ve seen. They’re definitely too small to cause inflation.
Broad price inflation – as opposed to price increases in specific goods/commodities, caused by supply shocks/speculation/etc. – happens when nominal aggregate demand exceeds the economy’s capacity to meet that demand. With the levels of unemployment and general capacity underutilisation we’re suffering we aren’t anywhere close to inflation.
WHO CONTROLS OIL PRICES? Vid http://tinyurl.com/y9o875f
Just Finished seeing American Drug War
Wallayamu US Govt. is upside down
http://video.google.com/videoplay?docid=-8231634812734884936&hl=en#
Its officially gone beserk
Hic
@ronron,…..You showin’ off with the links ? : )
Do you realy know who Lindsey is or do you just pretend to know who he is?
Why, is he your ‘pastor’, Youri?
“Gary D. Cohn, president of Goldman Sachs, went to Athens to pitch complex products to defer debt. Such deals let Greece continue deficit spending, like a consumer with a second mortgage.”
http://www.nytimes.com/2010/02/14/business/global/14debt.html?hp
http://trueslant.com/stephenwebster/2010/02/12/cash4gold-a-king-among-predatory-wealth-usurpers/
@frances snoot
Do you realy know who Lindsey is or do you just pretend to know who he is?
BTW the person of Lindsay Willams is beside the point of what he experienced thare namely that they had found a huge oil source which was shut down by the e lite and kept secret officially speaking cause we know it by Lindsey. Alaska is chock full of oil and gas but they use the fake environmental laws to block us for ever reaching it.
Besides people seem to be quiet happy with there “Peak oil” believes so the New World order has won that propaganda battle. http://tinyurl.com/yelba9n
It’s interesting: the banks being cobbled by basel regulations, the availability of cheap assets to the sovereign wealth funds, the access the funds have to IMF sdr. Makes the Sarah Palin phenomenon a bit more understandable: isn’t Alaska the only state with a sovereign wealth fund? Lindsey was up in Alaska too: fighting that ‘good fight’ for god and country. Makes me feel all choked up inside.
http://oxfordswfproject.com/tag/hassana-investment-company/
http://www.pressrun.net/weblog/2009/11/transparency-plea-to-sovereign-wealth-funds.html
Who worked that little nasty out for citigroup?
Maybe the best we can do is help the delusion of the MSM and the banks by saying everything is gonna be alright, the economy will grow and Bernanke is my hero.
Than they will stop all the stimulus and the system will finally collapse as it should have a year ago.
This inflation story is just some sneaky propaganda to keep it going on and that will bring the debts up so that everybody has to kneel before the IMF. That was the plan of this designed crises anyways.
Why there was no inflation? First of all for the reasons Max and Mish have been saying, it’s a deflationary depression because of all the debt holse that have to be filled and still are there.
Second reason is, and I’ve been saying that for quiet some time now is that the stimulus money never got into the real economy. The stimulus money was only put into the banks.
BTW It takes three years for inflation to start after the money enters the real economy (which it hasn’t) study showed.
“The Abu Dhabi Investment Authority, or Adia, is tied up in a loss making agreement to buy $7.5 billion of Citi’s stock at $31.83 a share next March even though the stock is trading at around $3.50 each. Back in November 2007, Adia officials viewed the Citi deal as a maste stroke giving the sheikdom an 11% premium on the equity units it bought and an almost 5% stake in the bank upon conversion of the units, while also building its political influence on Wall Street.”
http://online.wsj.com/article/SB10001424052748704541004574599782018215974.html
“Sovereign wealth funds, which act as a country’s investment arm, have long been investing money gained through exports or from the sale of commodities such as oil.
But because of their rapidly expanding size, these funds have become harder to ignore.
Located both in the oil-rich Middle East, as well as other nations such as Russia and Singapore, the funds’ combined assets under management are expected in the next three years to quadruple in size to $7.9 trillion from $1.9 trillion, according to Merrill Lynch.”
http://money.cnn.com/2007/11/27/markets/sovereign_funds/index.htm
More climate change opportunism reported in the Sunday Telegraph which claims that scientists using data to promote systems for personal wealth at the expense of Africa.
http://www.telegraph.co.uk/comment/columnists/christopherbooker/7231386/African-crops-yield-another-catastrophe-for-the-IPCC.html
http://www.bloomberg.com/apps/news?pid=20601087&sid=augqu0ZAXdTg
Citigroup, which on Dec. 14 said it would sell stock to repay $20 billion in bailout funds to the U.S. government, had turned to the world’s biggest sovereign wealth fund to replenish capital battered by $118 billion of subprime writedowns. The stock has since dropped 89 percent, and Abu Dhabi is trying to avoid investment losses after this week agreeing to provide $10 billion to help Dubai World avoid a bond default.
“This is all about frustration: the Abu Dhabi Investment Authority had all these plans for this investment, none of them came to fruition and they want to know why,” said Ralph Silva, a London-based strategist at Silva Research Network, which specializes in financial services firms. “The first people you yell and scream at are the ones that provided you the product. ADIA’s chances of winning the case are slim to none.”
Greece Distracting from Real Debt Crisis in U.S.
http://www.inflation.us/greecedistractingrealdebtcrisis.html
The current sovereign debt crisis in Greece and the potential for euro-zone countries to bailout the nation, has created a rush out of the Euro, which in October became the currency of choice for foreign central banks adding to their reserves. The declining Euro has added fuel to the strengthening U.S. dollar, and the ill-conceived notion that as bad as things are in the U.S., it’s worse everywhere else and with the U.S. economy beginning to recover, Europe will be next to experience the financial crisis we experienced in 2008.
Unlike the U.S., the nation of Greece doesn’t have their own printing press and the ability to create Euros out of thin air, in order to avoid default on their debt. While Greece’s debt rating is currently an A2 with a negative outlook, the U.S.’s debt rating remains at AAA, despite the fact that the U.S.’s national debt (including unfunded liabilities) is currently 600% of GDP. If the U.S. was a corporation instead of a nation, its credit rating would be junk.
[...]
I think the biggest case for inflation is quantitative easing.
Because deflationists speak of sentiment and market fundamentals bunk quantitative easing negates both they become irrelevant when you are subject to the whims of private corporate decisions.
Oops!
Inflation and Education rhyme — and look very similar…
Still, my point overall holds just as well either way.
Addendum:
And most of that 25m USD was at University!
My Canadian friend, essentially a refugee in the USA as they are not able to work there — has racked up 25m USD in cost to government
– http://cbc.am/Total-cost-to-goverment.ods
– http://cbc.am/Total-cost-to-goverment.xls
Unos
Hic