Stacy Summary: Go at it . . .
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ref. max keiser – Get 6 mo’s free storage
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Rick Ackerman-
- Karl Denninger – Market Ticker
- The Big Picture
- Mish
- David Morgan
- King World News
- SmartKnowledge
- GoldCore
fiat money and the french revolution
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crash banksters – Buy Silver & gold
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sorry Bonn
“So makeshift assistance should be enough for Greece, but that leaves Spain, Italy, Portugal and Ireland. Together they constitute too large a portion of euroland to be helped in this way. The survival of Greece would still leave the future of the euro in question. Even if it handles the current crisis, what about the next one? It is clear what is needed: more intrusive monitoring and institutional arrangements for conditional assistance. A well-organised eurobond market would be desirable. The question is whether the political will for these steps can be generated.”
http://www.theglobeandmail.com/globe-investor/the-euro-will-face-bigger-tests-than-greece/article1476876/
Thought they wanted to sell bonds.
CME To Change Comex Gold, Silver Settlement Procedure Friday
http://online.wsj.com/article/BT-CO-20100222-710684.html?mod=WSJ_latestheadlines
The Goldman crooks make me so angry! It makes me want to get a pilot’s license so I can fly a plane up their *****!!!!!!!!!!!!
PS@CME To Change Comex Gold, Silver Settlement Procedure Friday
Nothing is safe .. they just continually change the rules to suit them !
BTW .. that’s only paper .. they’d have you believe otherwise of course !
CME To Change Comex Gold, Silver Settlement Procedure Friday http://tinyurl.com/ykv5ohj
“We believe we should consider whether it would be practical to transfer some of the following functions to other supra-national structures not associated with the IMF:
- monitoring and establishment of a crisis early warning system on the basis of a constantly updated evaluation of systemic risks; – serving as a global lender of last resort;
- monitoring of the SURF implementation;
- acting as the issuer of a global reserve currency. The proposals to reform the international monetary system and international financial institutions should be discussed and analyzed in detail, probably within the IMF. We believe that in order to ensure that this process receives the best expert assistance it would be advisable to go back to discussing the establishment of an international commission of competent independent experts (“financial gurus”).”
http://ftalphaville.ft.com/blog/2009/03/23/53888/g20-discussing-the-shape-of-international-reserves-to-come/
Speculation: ECB? ( bonds in what denominaton?)
hi snoot
(Stacy: Sorry, I know this belongs way back there in the Gibberish thread.)
Social Notworking sites provide members of the Inter-nut further opportunity to clog up network resources and web servers worldwide.
“This is a plan so evil, so racist, so diabolical, so huge, that it almost defies belief. But it all aligns with what many commentators, researchers and whistleblowing insiders have been identifying for some years now.”
http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2010m2d18-British-military-insider-World-War-III-is-being-staged-starting-with-Israel-and-Iran
http://projectcamelot.org/anglo_saxon_mission.html
Bill Ryan from Project Camelot explains The Anglo-Saxon Mission:
http://www.youtube.com/watch?v=SNp7eOEYYtk
“• There is a planned Third World War, which will be nuclear and biological. Our source believes that this is on track to be initiated within the next 18-24 months.
• It is planned to begin with a strike by Israel on Iran. Either Iran or China will be provoked into a nuclear response. After a brief nuclear exchange, there will be a ceasefire. The world will be thrown into fear and chaos – all carefully engineered.
• The extreme state of tension will be used to justify heavy social and military controls in all western first world nations. Plans are already in place for that.
• During the nuclear ceasefire, there is planned to be a covert release of biological weapons. These will initially be targeted against the Chinese. As our source chillingly told us, “China will catch a cold”. Biological warfare will spread further, to the west. Infrastructure will be critically weakened.
• This is intended to be just the beginning. After this, a full nuclear exchange would be triggered: the “real” war, with widespread destruction and loss of life. Our source tells us that the planned population reduction through these combined means is 50%. He heard this figure stated in the meeting.
This horrific scenario has been planned for generations. The first two world wars were part of the set-up for this final apocalypse – as is the centralization of financial resources that was precipitated with the equally well-planned financial collapse of October 2008.”
“Astonishingly, our source was not pessimistic. He stressed, as do we and many other researchers and commentators, that consciousness is awakening rapidly all over the planet and that THESE PLANNED EVENTS ARE NOT INEVITABLE. If ever there was a reason to work closely together to raise awareness of the real threat to us all, this is it.”
The ‘real threat’, Youri?
What currency will they use to pay the militaries after December?
A possible future solution to government debt; local currencies. In my local town of Lewes we are currently a year in to using “the Lewes pound”. At the moment it is pegged to Sterling but longer term (since other local projects are reducing our usage for fossil fuels and even enabling us to produce power) we may be looking at pegging it to fossil fuels. Check out this explanation of how far we have got, the local benefits etc
http://vimeo.com/7180059
Your free guide to setting up local currencies
http://transitionculture.org/2009/12/10/your-free-guide-to-setting-up-local-currencies/
@ Phil
Interesting article. I wonder how this ties into the whole ‘run on the comex’ thing.
And don’t forget about Citigroup’s weird letter.
http://consumerist.com/2010/02/citibank-freaks-out-customers-with-weird-7-day-rule-on-withdrawals-but-its-not-as-devious-as-it-look.html
Something going on?
@Mike/Liverpool nothing changes much on the outside.
Im now with you on this in some respects, but Im coming to the conclusion that the system has in effect totally crashed. But with plunge protection and media control the system carries on as if it has not crashed.
Iv got to hand it to them with regards this as to some degree it worked. But what iv not been able to understand is a broken engine is a broken engine even if you film and show the car running on TV. So what happens when someone needs a ride to get from A to B and what the outcome?
Maybe im wrong but personally I think were now in never never land and iv given up understanding it as it makes no sense, all i can do is carry on running for the hills.
Another analogy is its as if the safety valves of a boiler have been knocked out as no one wants the heating to stop, the safety valves are kind of like the stock market up down collapse recover so these have been knocked out, problem is yes you get heating for a while, and all seems quite until all of a sudden BANG and the world just changed and what was a house in now a pit in the ground. But a economy is not a boiler and the stocks are not safety valves so, in one respect its hardly worth mentioning.
Who knows whats going to happen? but fantasy will not fix things no matter how many people are confused by it, or hoodwinked, its still a fantasy and does not aid repair.
so
http://www.youtube.com/watch?v=1WoA2mxtSHU
http://www.youtube.com/watch?v=tCblLME2A5Q&feature=PlayList&p=A9462965593616F4&playnext=1&playnext_from=PL&index=3
Geithner Refuses To Come Down Off Capitol Dome
http://www.theonion.com/content/news_briefs/geithner_refuses_to_come
@frances snoot “What currency will they use to pay the militaries after December?”
Why December?
Anyways they can pay them with anything that doesn’t matter when you are in the militairy cause you are limited to available stores of the Army round the camp.
Good example is WOII when the Germans invaded the Netherlands they issued stamps with which the German soldiers could buy anything in Dutch shops. The shops had to stick these stamps on a big piece of paper and bring them to the Bank and got other stamps in return which they could use to get their supplies.
If WOIII starts they pay the soldiers in food cause they will happy to even eat in all the mess around.
The Russians had special squads behind the troops with big machine guns to shoot them if they wouldn’t attack. A horror story is of a soldier who survived the attack and returned back to his camp and was shot on the spot as traitor simply because he had survived the attack.
That’s what they whole SS (Blackwater) was about. It was a special military unit to keep the regular military in line. Same with these Saddam Hussein so-called elite troops.
@Youri:
December is the date for the reweight of the sdr.
Thanks for the interesting reply!
Big Buck Bunny
http://www.youtube.com/watch?v=PcBECFLXmuc
My son programs animations with “Blender”.
He showed me this movie which was AFAIK done using Blender or at least something as good .
( rendering engine )
Damn funny ..watch all the way through.
@frances snoot
The Elite Agenda is NOT time driven but EVENT DRIVEN driven so they work their agenda points in a flexible time frame according to what planed events have been worked out to go to the next one.
Youri:
I was talking about a verifiable fact coming out of the IMF council: the sdr is reweighted every five years. This year, 2010, it the year for the reweight, in December.
The schedule will concur as it has always at the IMF. The effects will be noticed in the global economy.
“The basket composition is reviewed every five years by the Executive Board to ensure that it reflects the relative importance of currencies in the world’s trading and financial systems. In the most recent review (in November 2005), the weights of the currencies in the SDR basket were revised based on the value of the exports of goods and services and the amount of reserves denominated in the respective currencies which were held by other members of the IMF. These changes became effective on January 1, 2006. The next review will take place in late 2010.”
http://www.imf.org/external/np/exr/facts/sdr.htm
Bill Ryan Explains the Anglo-Saxon Mission http://tinyurl.com/ydzqkta
Transcript InterviewThe Anglo-Saxon Mission January 2010 http://tinyurl.com/yk4bpm2
Japan’s Dirty Secret – Military Virus Lab in China Vid http://tinyurl.com/y9jz8ux
@frances snoot “December is the date for the reweight of the sdr.”
Good point cause this could also be an indication of the planned “Bank Holiday”.
Drone pilots have a front-row seat on war, from half a world away
In a low, tan building in Nevada, Air Force personnel sit in padded chairs and control aircraft over Iraq and Afghanistan. They are 7,500 miles away, yet feel more affected by war than ever.
Nelson, an Air Force captain, was heading for his day shift on a new kind of job, one that could require him to kill another human being 7,500 miles away.
Seated in a padded chair inside a low, tan building, he controlled a heavily armed drone aircraft soaring over Afghanistan. When his shift ended, he drove 40 minutes back through the desert to the hustle and neon of Las Vegas.
http://freedomsyndicate.com/fair0000/latimes00134.html
Anyone got a Comex link that works?
Mike
The Inter-nut is a subset of the Inter-net.
In the future these drone techniques will also be applied on Tanks etc.
Read “Cavalry” from author James Cobb for instance. (Other authors in that area: Larry Bond, Dale Brown,Harold W. Coyle)
I predicted that in the near future they will look for droners under young gamers and I heard that the Army is using the X-box already for their drone training.
Xbox Helped Drone Pilot Be All He Could Be
http://kotaku.com/5148693/xbox-helped-drone-pilot-be-all-he-could-be
Microsoft XBox 360 Joins the Military Robots
http://www.hightech-edge.com/microsoft-xbox-360-joins-the-military/420/
NASCAR teen uses video games to become racer
http://www.usatoday.com/tech/gaming/2006-06-14-nascar-teen-racer_x.htm?csp=34
I am just thinking that in a war with a real opponent the drones can’t be used cause the enemy will be jamming the signals necessary to control these RC Drones.
friendly chap? http://www.economicpolicyjournal.com/2010/02/soros-use-piigs-crisis-as-opportunity.html
This morning I heard in a show on Greek Mega channel, that rich Greeks export about 500 bil euros a year to tax havens.
Another thing I heard is that Germany is trying to produce a loan of about 25 bil euros for Greece. That’s about the amount Greek government gave to bail out Greek banks.
It seems everybody’s queueing to give money to those banking goodfellas.
Again where is Denninger’s outrage about Telecom wiretapping?
Stasi-Style Crap Continues (Lower Merion Schools)
http://market-ticker.denninger.net/archives/1987-Stasi-Style-Crap-Continues-Lower-Merion-Schools.html
Hi Y’all.
Here is one for ya
FDIC is calling upon CONSUMERS (note, note citizens) to start saving and “building wealth”….
The Federal Deposit Insurance Corporation (FDIC) is calling upon consumers across the nation during America Saves Week to consider establishing a basic savings account or boosting existing savings. FDIC Chairman Sheila Bair said, ”One fundamental lesson of the financial crisis is that savings can help families withstand sudden changes in their economic well being. Establishing a savings account in a federally insured institution is a great first step to build wealth and begin a savings habit that will last a lifetime.”
http://www.fdic.gov/news/news/press/2010/pr10035.html
@Mongo
Yeah, so the banks can steel it.
They are fuck’n hypocrites if they were really serious about saving the would raise the interest rates, wouldn’t they.
WTF!!!!!!!!!!!!!!!!!!!
Look at the Bankes Fialure list: http://www.fdic.gov/bank/individual/failed/banklist.html
@ Phil /Germany
Re: Big Buck Bunny.
Very funny. The newer generation of Nasty Wabbit? I am still partial to Bugs Bunny’s vindictive escapades but you just cannot beat the newer technology that bring out the facial expressions and such.
http://www.youtube.com/watch?v=gVwv_1EhitI&feature=related
Plus ca change, plus c’est la meme chose. There is always a line that gets crossed, then or now.
@Mongo
Now I understand their saving request. They know a 1000 banks will go belly up this year so they want you to put the money in so the FDIC can take it.
Godamn evil MTFs!!!!
@Michael Le Couteur MSCD, ret’d
They won’t need real actors anymore in the near future. They can bring old actors back on the screen again. Even the computer voice overs can be produced by computers. They already can copy your voice on an astonishing level!
UNCHARTED 2: Among Thieves™ – Meet the Actors (BTS #7)
http://www.youtube.com/watch?v=9XvArFbKVXI
@Youri__Look at the Bankes Fialure list:
Reviewing the list … sure looks as though there is a controlled failure rate occurring, probably in order to fly under the radar and avoid any sign of a panic so the public remains under control. The men behind the curtain are so deceiving and clever. Beware!! Trust has become a lie.
Afghans hate US backed war lords http://www.youtube.com/watch?v=gyX87mNwbmM
Youri Carma, Yes, the Failed Bank List is updated every friday at 21.30 GMT I think.
youri carma@, just read that article on the plans for world war 3. For some reason I think thats close to what they have planned. Don’ t know why. But as my ashhole brother in law always says. Better us than them. He’s a catholic ashhole to the max.
News Hub: Geithner’s New Charm Offensive
http://www.marketwatch.com/video/asset/news-hub-geithners-new-charm-offensive-2010-02-22/3E1F3467-4DF8-4AD9-B046-2BDF9153F332
haha I only made it half way through…
Anyone ready for the latest conspiracy theory ?
http://www.infowars.com/rev-manning-claims-obama-worked-for-cia/
@ anybody, all this Comex shit looks like it can only lead to a diversion at some point between paper gold and the real stuff. Am i wrong? or have i had too many Stoli and Schweppps?
and a bit of finest UK homegrown.
@jon
But this time in won’t be only them. If the shit hits the fan and they start to throw nukes it’s everybody. His egoistic ass minimalistic view won’t safe him from that. And the Catholics are duped as well cause it’s the Masonics, who go disguised as catholics as well, who hold the real power. Especially in England. I live in a completely new Masonic design neighborhood with temple and all seeing eye and so on and so forth. People here don’t even realize that.
@i’m Alan Partridge …Comex sh*t
.. ‘been going on for decades !
OTOH, seems like we’re getting closer to the Big Bluff being called !
Especially that new US law about banks being able to freeze current-accounts at their discretion ( not being just satisfies with freezing “funds” … sheesh ! )…. assuming it’s true of course !
Our Plutocracy: A Sobering New Portrait
“America’s 400 highest earners in 2007 reported more income than the entire population of Kentucky, a state over 4.2 million people strong.”
“The typical American private sector worker in 2007 would have had to work over 11,000 years to equal the income the average top 400 deep pocket took home in just one.”
http://toomuchonline.org/our-plutocracy-a-compelling-new-portrait/
@Youri .. I always thought you lived in Holland !
Barclays: The $7 Billion Counterparty to AIG, Now “Rents” its Credit Rating to AIGFP
http://www.youtube.com/watch?v=zAu-VLOm3x0&feature=sub
Blackrock etc. … interesting research as usual !
youri carma, I didnt’ say my brother in law is all that bright. He basically thinks cause he’s a white catholic that the evil military powers running things now will protect him. I’ve come to the conclusion that some folks will never wake up. And some will wake up way too late.
@Gordo .. same in Germany BTW.
160,000 Euros per month for BOD members is pretty normal for larger German Cos.
+ shares and options on top of course !
@i’m Alan Partridge
The Comex is a fake for quiet some time now if you can arrange in cash instead of gold. @Mother Earth has been on the Comex case for a while now.
Blatant Gold Price Manipulation Uncovered!!
http://www.youtube.com/watch?v=t_3Pd6Z8RR0
A Desperate FDIC Begs Americans To Open Savings Accounts During “America Saves” Week
http://www.zerohedge.com/article/desperate-fdic-begs-americans-open-saving-accounts-during-america-saves-week
The IMF Destroys Iceland and Latvia
http://www.huffingtonpost.com/nathan-lewis/the-imf-destroys-iceland_b_276193.html?ref=email_share
GOLD – could COMEX end in a bailout? – Cash Settlements
http://www.youtube.com/watch?v=B-6-R9SPTLg
youri carma, the one thing that no one ever tells or explains is what this great natrual disastor is gonna be. I”m guessing a solar flare. But not sure.
Another question. If the elites know this terrible natural disastor is coming why would they have wars or world war 3. Do they just want something to do while they wait for the natural disastor. I’ll never understand the mind set of military war machine and their want to have wars and cause death. I guess its kind of like the mindset of the trophy hunter. Just an ego thing. A terrible ego problem if you ask me.
@Youri … flaskofcoffe … good guy.
( he’s “seeyouat20″ at InvestorVillage and contributes interesting posts )
A Five-Step Guide to Contagion
http://www.investorsinsight.com/blogs/john_mauldins_outside_the_box/archive/2010/02/22/a-five-step-guide-to-contagion.aspx
Old…
“I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.” –Thomas Jefferson
http://www.minyanville.com/businessmarkets/articles/spx-bulls-bears/5/13/2009/id/22641
Am going Sue Max
He promised:-
£ Meltdown
$ meltdown
Mike
@Mike … why are you telling Max you’re going to visit Sue ?
Can’t make this stuff up
Woman, 61, arrested for asking ‘why’ http://www.ajc.com/news/atlanta/woman-61-arrested-for-309285.html
I bet you I could stop gambling.
@jon
No one tells cause no one knows. There is a lot of wild speculation though even by NASA but they have a motive – they get money for research.
PlanetX, Magnetic Pole shift, Sun flare outburst but for now it’s all in our minds the earth is quiet as always even the weather changes are not all that dramatic and we just had an Hurricane low season. Our braincells make up for all the normalness and quietness.
@x
That reminds me of the Pinocchio Paradox. Pinocchio says: ” My nose will grow now” http://www.dump.com/2010/02/13/pinocchio-paradox-solved/
@ Phil/Germany, yeah i read plenty on the Comex over the past 18 months, due to finding this site. An aside, Many thanks Max and Stacy you really dragged me upto the real world very quickly and easily. I think its top banana that Max on his various shows will endevour to explain this bollocks that we have been fed for so long, into, laymans terms (i think i’ve made a pun in that sentence!) that even i can understand.
back @ Phil, “the big bluff being called” yep it does sound like many countries are playing a game of Poker between themselves, i guess thats the Casino Gulag for you, not only investers but Countries have to try their hand at the casino as they have variaing amounts of worthless chips to play with.
Current acounts in the UK are where the mases put their wage cheque in each week/month, (me included from time to time) if they could get frozen then that is a big problem.
Paul Criag Roberts on Alex Jones Tv 1/4: Outsourcing American Jobs to The Lowest Bidder! http://www.youtube.com/watch?v=Y6YoyqBsVPU
Paul Criag Roberts on Alex Jones Tv 2/4: Outsourcing American Jobs to The Lowest Bidder! http://www.youtube.com/watch?v=x5N-Xe3UuRc
Paul Criag Roberts on Alex Jones Tv 3/4: Outsourcing American Jobs to The Lowest Bidder! http://www.youtube.com/watch?v=uz_mV9iu_wE
Paul Criag Roberts on Alex Jones Tv 4/4: Outsourcing American Jobs to The Lowest Bidder! http://www.youtube.com/watch?v=X4qa6TWBlYY
@ Mike/Liverpool, patience is a virtue.
May i be so bold as to ask, are you a Scally or an Evertonian or neither?
@ Youri Carma, “The Comex is a fake for quite some time now”
yep, this is my conclusion also.
“THE VOLCKER RULE”, so called…is GreenShoots 2.0 propaganda
http://www.youtube.com/watch?v=mXMprtg41EU&feature=sub
http://www.lewrockwell.com/blog/lewrw/archives/51469.html.
For Harry W
For the newbies. (again)
Max Keiser and The Da Vinci Code Gold Parody
http://www.youtube.com/watch?v=RSzybGh8oPo
Somehow this fits…
Timeline of a sinking ship
http://www.cbc.ca/canada/story/2010/02/22/sinkingbrazil-shiptimeline.html
Honohan says those guilty of bank crisis crime must face jail
http://www.irishtimes.com/newspaper/frontpage/2010/0223/1224265037656.html
“Those who committed criminal acts in relation to the banking crisis should go to jail “for sure”, governor of the Central Bank Prof Patrick Honohan……You don’t go to jail for making mistakes, but you do – and I think should – go to jail for criminal acts, if they can be proven and if they are criminal acts that entail a jail sentence.”
I’ll believe it when I see it.
bill stewart@, we’ve had three down bursts right on our ranch in the last 10 years. WE have moutains 1 mile awasy just to the east of us and have always figured thats the cause. And all three times it hits in a very small area but it has the force to knock down trees and break 3 foot thick trees right in half. LUckily, KNock on wood the trees have not hit our house. Its an amazing sight. I’ve witnessed it twice during the daylight hours just looking out the windows. Mini tornadoes but with the same force.
This Healthcare thing is like Frankenstein. different limbs written by the death care lobbyist and the socialcommunist keep on reviving it.
Its alive it’s alive.
How volatile can the UK drilling for oil in the Falklands which Argentina also claims become ?
Brazil and Venezuela side with Argentina …
will the USA if push comes to shove stand beside UK ?
Does that bring in Iran backing OPECs Venezuela ?
and if if push comes to shove ..does that bring Israel into the mess ?
low probability outcome ?
Talking about Time Line: Joe Stacks Time Line seems highly suspicious http://tinyurl.com/yk9okkn
Sheryl Stack releases statement: http://www.youtube.com/watch?v=VVDZ26mjeDY
This vid from 2:35 min -> Quote Reporter:
“What is curious to them is the time line because the fire was reported in at 9:18 in the morning. 35 minutes later the plane slamed into the echelon building.
Now it takes you 30 minutes to drive from here to the George Town airport let alone fly back.
So, there are some questions right now whether or not a timer device or remote detonation was involved with the fire yesterday.”
HAITI UPDATE
c/o The Real News
Strategic denial of oil in Haiti?
http://www.youtube.com/watch?v=QqIWqLylZj8
Ever since seeing Mickey Fulp talk about the resource WEALTH that is in Haiti, I’ve had suspicions about the American presence there…
It has nothing to do with Humanitarian efforts…
They want the Oil, Copper (and whatever else they can rape from the ground) before others like Cuba or Venezuela get in there to help Haiti rebuild the infrastructure and economy…
Vagrants association
http://www.cbc.bb/index.pl/article?id=6099678
The problem of vagrancy and homelessness is growing in Barbados and a local group has decided to do something about it.
It’s the Barbados Vagrants and Homeless Society.
The group has launched a pilot project which involves renting two private properties to help take care of a group of homeless men and women.
It’s hoped that the project will start sometime in April.
Ms. Cottrell says the group will not be encouraging dependency.
And the organisation has been involved in discussions with government on how to tackle the problem of homelessness and vagrancy.
Social Care Minister Chris Sinckler says it’s important that data on the issue is collected.
But he says finance is an area that has to be carefully monitored.
Meantime Chairman of the Organisation Kemar Saffrey says there are plans to establish a database of homeless people and vagrants in Barbados.
Mr. Saffrey says there are also plans to deal with the issue in other countries in the region.
=============================
President predicts death toll could surpass 300,000
http://www.cbc.bb/index.pl/article?id=6099610
President Rene Preval is predicting that the death toll from the January 12 earthquake that destroyed Haiti could surpass 300,000.
Preval, who arrived in Mexico to join his Caribbean Community (CARICOM) colleagues for the inaugural CARICOM-Mexico summit and the February 22-23 Summit of Unity of Latin America and the Caribbean, said that bodies were still being recovered from wrecked buildings.
“You have seen the pictures, you know the numbers, more than 200,000 bodies picked up in the streets, counting those that are still underneath the rubble, perhaps we could arrive at 300,000 deaths,” he said.
Preval thanked Mexico for all the aid it has sent to his country since the quake that left more than one million people homeless.
“I want to thank the Mexican people with all my heart,” he added.
Meanwhile, a St. Kitts-Nevis government statement quoting foreign media reports, said that the leaders of more than 30 Latin American and Caribbean nations “are meeting in Mexico from Monday to launch a group that will serve as an alternative to the Organisation of American States (OAS).
“The main difference between the OAS and the yet-to-be-named organisation will be that the United States and Canada will not be members.”
The statement said that leaders of Latin American countries have been meeting almost every year since 1986 when the Rio Group was created by countries including Brazil, Argentina, Mexico, Colombia and Venezuela.
“This year’s summit is intended to take the Rio Group to a new level by creating the organisation,” it added.
youri carma, yep, there is a good possibility that the joe stack thing was a black op. Though it backfired on the governement pigs that set it up it appears.
I think it was either to sway votes from medina in the texas governor race or to make a case of usa tourism.
@jon
According to this talk show host the anger of Joe Stack was towards his accounted not to the IRS in the letter. The talk show host thinks this is a red flag for him.
Paul A Drockton M.A. explains how this event only benefits the IRS Overlords and could label the Tea Party tax revolt movement as “Domestic Terrorism” http://www.blogtalkradio.com/pdrocktonma1/2010/02/19/was-joe-stracks-plane-crash-a-false-flag
Compare these images from comparable airplanes crashes in buildings:
1) http://elsmar.com/pdf_files/Weird%20Pictures/Small%20plane%20crashes%20into%20house.jpg
2) http://cache2.asset-cache.net/xc/1648080.jpg?v=1&c=IWSAsset&k=2&d=77BFBA49EF878921F7C3FC3F69D929FDF5D06F5675FA1E05990FFE9756BD101BCA5A021E053CA046E30A760B0D811297
3) Echelon buildinf/IRS http://letsrollforums.com/imagehosting/70374b7da57b4b8d6.jpg
The Keiser Report in front of the Kremlin was actually a green screen production, wasn’t it?
I knew it!
graduate student makes $100,000 a year from a virtual island he bought with $26,500
http://videogames.yahoo.com/events/plugged-in/the-world-s-most-expensive-island-online/1389891
Something about the Austin Airplane Crash Dosen’t Add Up…
http://www.youtube.com/watch?v=XtSedpBlNEU
Strange first the fireball than… …and than the windows blew out from the inside out!
Armed robbers steal gold: Troy Resources
http://www.theaustralian.com.au/business/mining-energy/armed-robbers-steal-gold-troy-resources/story-e6frg9do-1225833516731
Is there a bubble in the gold market?
http://www.axcessnews.com/index.php/articles/show/id/19662
Secret AIG Document Shows Goldman Sachs Minted Most Toxic CDOs
http://www.bloomberg.com/apps/news?pid=20601109&sid=ax3yON_uNe7I&pos=10
China New Village Makes Chanos See Dubai 1,000 Times http://www.bloomberg.com/apps/news?pid=20601109&sid=azXVqyY6O8cQ&pos=12
Swine Flu Protection Added to Seasonal Flu Vaccine http://www.bloomberg.com/apps/news?pid=20601124&sid=a0uX494vslsk
ROFL I dont tink I’ll get a job in ta IT Industry now ROFL
Hic
Two High School Students Find Epidemic of Mislabeled Foods
“The usable samples were then sent to Rockefeller University, who pulled the DNA sequences and sent electronic queries on the samples through the AMNH Consortium for the Bar Code of Life database. The reports were then returned to the high schoolers, who compiled the results against the original source. They indicate that the substitutions are purposeful, with the swapped items being very much like those they are replacing, except cheaper.”
http://www.naturalnews.com/028134_food_labels_DNA.html
Have’nt heard tis guy fer sometime
Pope sounds warning over airport body scans
http://www.infowars.com/pope-sounds-warning-over-airport-body-scans/
Hic
One last South paw punch Paul Craig Roberts ( Assistant Secretary of the Treasury in the Reagan Administration )-> “Carbon Credits right to pollute” now stay down Maxy
Lololololololol
ROFL
dick (the dick) cheny admits 9-11 was a false flag on his death bed today. Just kidding. But the ashhole should come clean before he goes the heell.
Uh oh before ya get up correction
“Carbon Credits Gives Co.s the right to pollute”
Hic
@ jon
teese lunatics just dont leave tis planet
I tink he’ll survive but hes had a couple of heart attacks before so fingers crossed and really who cares if he comes clean ,the important thing is “We Know what happened and we are aware now what Govt’s are capable of or ta shadow behind ta Govt.”
Hicc
Youri & Jon—-ur to deep in the rabbit hole mates lol
@GGees
I am not sure if it’s a rabbit hole? It feels more like a rat hole. Deep? Donnow, got the feelin I am just able to scratch the surface and even that doesn’t feel good.
But I know what you mean. Need some rest that’s for sure.
‘Death of American Capitalism:’ The 10 final scenes http://www.marketwatch.com/story/death-of-us-capitalism-the-final-10-scenes-2010-02-23
The Chimera at the gates of Goldman Sachs http://www.marketwatch.com/story/goldmans-gatekeeper-is-a-three-headed-beast-2010-02-23?pagenumber=1
Commentary: Prices are rising fast, even if the CPI isn’t http://www.marketwatch.com/story/inflation-is-moving-faster-than-it-looks-2010-02-23
I’m an attorney who was trying to help people with loan modifications. I believe that, based on the way Moodys and Standard and Poors and Fitch rated the mortgages, the banks have purchased massive mortgage insurance to cover their losses. There’s no way to telling how much money they made by breaking the loans into tranched securities, securitizing the loans, then selling them as AAA securities – There’s no way of even telling if they sold the same mortgage 30 times to 30 different people.
I’d love to know if you have a good source on these issues – on what really happened and what is ongoing today. For instance, I am very sure that at the foreclosure end of the trail, the servicers are refusing to modify loans because they can get 90% to 100% of their money from mortgage insurance if they force the homeowner to foreclose. How do they do that? They get the money from the foreclosure, yes, maybe thirty or forty cents on the dollar, and then they get the rest from either mortgage insurance or from credit default swaps. How do I ferret out this information to make it clear to people that they will never get a loan mod? I think this is also why the HAMP program and any other so-called “Loan Modification Program” which the banks agreed to do to get TARP funds did nothing but set up telephone lines. They certainly didn’t intend to modify any loans. This is wholesale-New Jersey-variety-fraud, if you ask me.
Wasn’t AIG an insurer and isn’t that the real reason why AIG was rescued? Geithner and his gang would rather rescue the investors with 100 cents on the dollar through mortgage insurance, rather than pay off the homeowner stay in their homes, because it’s cheaper – it only is a 60% 6o 70% bailout and not a 100% bailout.
Anyhow – by background, just so you know I wasn’t a crook. I was helping homeowners by charging $1,500 up front to modify – every file for any loan serviced by Wells Fargo has grown to about a foot and a half tall – more like a $20,000 case than a $1,500 case, I mean, you just can’t believe the amount resistance from the servicers and the huge amount of work it takes to even get your client to a “trial modification” which only pays the servicers fees anyway. The servicers never modify the loan (they find a million shifty reasons why the client hasn’t submitted enough paper. – I have one client who has submitted 350 pages of financial documents, and then they again want it resubmitted, re dated, rewritten, etc etc etc. It is fraud. Fraud covering up loan origination fraud covering up securitization fraud. The entire structure of the loan modification system (See attachment) is a huge Ponzi scheme. Ask yourself, why make loans like this UNLESS you wanted to shield yourself from liability from the loan origination brokers?
Fortunately, via a new law promulgated by the California State Senate Banking Committee, the state of California has now made it illegal for anyone (including attorneys) to take an up front fee to help someone modify their loan. I kid you not. They have essentially made it illegal for attorneys to represent homeowners in loan modifications.
I think they’ve done me a big favor actually, since the banks are not modifying loans, but fraudulently taking tarp money and then denying everything. Let the borrowers eat cake, right?
Anyway, thanks for the good work – you are a lighthouse in a sea of chaos.
Jeff
Dear Max Keiser,
Thank you
for your great show!
I run a
Spanish/Dutch business in the field of social media and web development. I am
subscribed to your youtube and twitter channel to stay updated on what’s going
on in the financial world.
I want to
take my compliment to a higher level saying that what you do is of extremely
high value. You reveal truth in a topic that unfortunately makes our world
going around. It’s because of people like you and social media technology that
the rest of the world still has the possibility to see beyond the lies and
deceit of the corrupt global system and blinded mob that follows its
architecture.
I am currently writing you from the Spainish
village Cambrils where housing prices dropped 30% against the level of 2008.
The bank ‘Caja Madrid’ said to me last week they expect another price drop
among the Mediterranean costs of 20 to 30 % by September/Oktober 2010. Banks
never ever say such things in Spain!!!
The
government keeps pretending things are going better and all might be over soon
but the people in the streets start to lose their faith. 40% youth unemployment.
20% unemployment average in the country. The ‘old-folks’ here say that they
have never seen so much unemployment in Spain in their entire lives. Taxi’s in
Valencia city don’t have work, people don’t go out, shops are empty, big malls
are quit and real estate hotspots downtown are not being rented, Valencia
University has payment problems and so on and so on.
Very good
economic independent research and journalism in the Netherlands is being done
by Willem Middelkoop. Gold trader and author of the book: ‘When the dollar
collapses’ and on the same line with people like Marc Faber and Jim Rogers http://www.willem-middelkoop.nl/ Maybe an interesting person of contact for you
or for your show. I am sure he will have interesting things to say.
If I can ever
assist in info/articles or whatever kind of info in Spain/(Spanish language) or
the Netherlands/(Dutch language) just let me know.
Keep up the
good work!
Best
regards,
Misha
European airlines wracked with labor trouble http://www.marketwatch.com/story/labor-unrest-spreads-across-europe-2010-02-22
Hello Max,
I am a longtime reader of your blog. Ripping-good stuff.
Please consider posting to your blog the entry previewed and linked to below. The entry adapts and expands on my February 6, 2010 guest-entry on popular blog Zero Hedge. An excerpt from the new entry has been noted approvingly by Rolling Stone reporter Matt Taibbi.
My guest-entry on Zero Hedge:
http://www.zerohedge.com/article/guest-post-jobs-plan-wed-get-if-leading-innovation-scholars-and-growth-economists-werent-bei
To learn about Zero Hedge, see this feature story from the September 27, 2009 issue of New York magazine:
http://nymag.com/guides/money/2009/59457/
Matt Taibbi’s approving note (i.e., “call out”):
http://trueslant.com/matttaibbi/2010/02/17/feeling-low/comment-page-2/#comment-7336
The title of my new entry:
Catalyze the Creation of Many Jobs in the U.S.? End the Reign of America’s Kleptobankers? The Fledgling Customized-Education Industry is the Best Bet to Do Both, Findings of Top Researchers Indicate.
Among the researchers: Clayton Christensen, Paul Romer, Paul Krugman and Mancur Olson.
The full text of the new entry:
http://www.opportunitv.com/2010/02/17/canonical-findings-top-researchers-customized-education-catalyzing-creation-of-many-jobs-ending-reign-of-kleptobankers/
About me:
Set out to become a comedy writer, recognized the need to develop a comic persona, settled on an approach for doing so. A byproduct of taking said approach: a business plan for establishing online markets that provide people with new and improved ways to customize education, and to showcase and earn money from expertise. The plan has been praised by analysts at Microsoft, Amazon.com and top venture capital firm Draper Fisher Jurvetson??? The plan is adapted and expanded on at OpportuniTV.com. More about my background, including my approach to developing a comic persona, appears in footnote [1] of the Introduction page.
If you are amenable to publishing the entry, please contact me at your earliest convenience. In particular, let me know how you would like me to format the entry for you (e.g., encoded in HTML).
Thanks kindly for your consideration.
Best regards,
Frank
Hey Max
http://www.brisbanetimes.com.au/business/the-deathbed-of-keynesian-economics-20100223-p00z.html#comments
The deathbed of Keynesian economics
MATTHEW LYNN
February 23, 2010 – 2:47PM
Comments 5
The UK has produced notable economists over the years, but John Maynard Keynes, the guru of government intervention, was one of truly global significance.
So it may be fitting that the UK will also become the deathbed of Keynesian economics.
Britain has been following the mainstream prescriptions of his followers more than any developed nation. It has cut interest rates, pumped up government spending, printed money like crazy, and nationalised almost half the banking industry.
Short of digging Karl Marx out of his London grave, and putting him in charge, it is hard to see how the state could get more involved in the economy.
The results will be dire. The economy is flat on its back, unemployment is rising, the pound is sinking, and the bond markets are bracketing the country with Greece and Portugal in the category marked “bankruptcy imminent.” At some point soon, even the most loyal disciples of Keynes will have to admit defeat, and accept that a radical change of direction is needed.
The public debate about the state of the British economy was enlivened last week by a brawl between economists.
On February 14, a group that included the former Bank of England policy makers Tim Besley, Howard Davies, Charles Goodhart and John Vickers published a letter to the Sunday Times calling on the government of Prime Minister Gordon Brown to control the ballooning deficit.
If it didn’t, the stability of the economic recovery would be threatened, and there would be a run on the pound, they warned.
Keynesian backlash
That brought a stinging response from the Keynesians, who are urging the UK to spend its way out of recession. Nobel laureates Joseph Stiglitz and Robert Solow were among the signatories to letters written by a group of 67 economists insisting that deficit spending was the only way to salvage the economy. The letters, published in the Financial Times, argued that a “a sharp shock” now “would be positively dangerous”.
So who is right, and who is wrong? It’s a debate that matters to the rest of the world. After all, if demand management doesn’t work here, it won’t work anywhere.
The UK has some experience of mass letter writing from Keynes’s devotees. In 1981, a group of 364 economists wrote an open letter ripping into the policies of then Prime Minister Margaret Thatcher. They turned out to be totally wrong, of course. With hindsight, no one can now dispute that her policies led to a long and durable economic revival.
Budget blowout
And just as the Keynesians were wrong three decades ago, they are wrong now.
The UK has been in Keynes overdrive for the past 18 months. The budget deficit is already more than 12 per cent of gross domestic product, on a par with Greece. And while the Greeks are cutting spending, the British deficit is widening.
Figures for January showed another fiscal blowout. At the same time, interest rates have been slashed to 0.5 per cent. And the pound has slumped in value, which is supposed to boost demand for British goods, and help close the trade gap.
Just about everything possible has been done to encourage consumption. The results have been miserable.
Retail sales excluding gasoline in January fell 1.2 per cent from the previous month, twice as much as economists forecast. The number of people receiving unemployment benefits jumped to 1.64 million in January, the highest level since April 1997. The yield on UK government debt is now higher than on Spanish or Italian bonds, a sure sign that investors are losing faith in the country’s ability to pay its debts. The inflation rate has also accelerated to 3.5 per cent.
Triple whammy
In reality, Britain has the worst of all possible worlds: a stagnant economy, a crippling budget deficit and rising prices.
The Keynesian consensus is that things would have been far worse without the stimulus provided by government. And if the economy isn’t pumped up with inflated demand, it will collapse back into recession. If it’s not working, that just proves the stimulus should be even larger.
It is the argument quacks always push: if the medicine isn’t working, increase the dosage.
And yet, reality has to intrude into this debate at some point. The deficit can’t get much bigger, interest rates can’t be cut much lower, and sterling can’t lose much more value.
Stimulating the economy isn’t working.
In fact, it’s only making it worse. Consumers and businesses don’t want rising taxes. A falling currency pushes up the cost of everything the UK imports, stoking inflation. Savers get decimated, and yet the banks remain reluctant to lend because they rightly believe the economy is in the doldrums.
Recipe for recovery
What’s needed is a total change of direction. Get the deficit under control. Raise interest rates to restore confidence in the pound, and reward saving. Cut taxes to stimulate enterprise and investment.
And yet the real lesson of the UK in 2010 will be of wider significance. A country can’t spend its way out of a recession. And it can’t fix what was at root a problem of too much debt by just borrowing more and more.
In the country of its birth, Keynesian economics is being tested. If the economy isn’t growing at a healthy clip again by the end of 2010, its failure will be obvious to everyone.
Matthew Lynn is a Bloomberg News columnist. The opinions expressed are his own.
Well it seems that Keynes liked the coffee at Goldman Sachs better than on Main Street and so he never left the place.
THE latest @Max Keiser post
http://www.brisbanetimes.com.au/business/the-deathbed-of-keynesian-economics-20100223-p00z.html#comments
is f*cking brilliant- the fact this is creeping into mainstream, common papers is extraordinarily positive imo , pass it around!!
I have been a regulat commenter on this blog, but lately I feel just great about it. I have no idea how come, but I will have to do some soul searching to explain why I think this blog is so cool (I hope it’s not narcism).
@Climate Babe
Yeah, lot us know what you find… personally, I’m slightly overwhelmed with all the sexual frustration and desperation put out by some of the regulars… maybe Max and Stacy need to set up a website for all the sad and lonely economic types in the world… though judging by some the comments on this site… I think some of the worst cases need to learn some self control and brush up on their conversation skills… before they even think about trying to get a date!!!
in reference to the article
The deathbed of Keynesian economics
if I understand the basics the gentlemen is arguing for
“Get the deficit under control. Raise interest rates to restore confidence in the pound, and reward saving. Cut taxes to stimulate enterprise and investment.”
Also I am assuming that this is the Magical formula, this would not only work for Britain, but my meek country of America…with only altering the word Pound with Dollar.
well how exactly are we gonna get the deficit under control? what exactly should we cut? Doubt very serious the guy would be writing for Business day if he wanted America to forgo the Empire and drastically curtail military spending on securing regional access to resources/markets along with being our functioning American MITI.
maybe he would argue for the old touch stones of the good old days of Reagan and Thatcher of “Just get rid of Waste, Fraud and Abuse” and cut taxes and magic happens. Truthfully he probably supports like his cronies obliterating the remaining social safety net. Medicare, Medicaid and Social Security constitutes the largest chunk of the spending. While I will say that abolishing these programs would lead to removing one of the most regressive taxes on the poor and working classes. I doubt if they could afford to take care of their ailing mommies and daddies and truthfully without the continued supply of revenues coming in from FICA taxes our deficits would look horrendous.
As to raising interest rates, cool, REALLY LATE though… don’t you think? America suffers from a lack of confidence in it’s currency but “We the only game in town.” Dollar Hegemony has fueled the American Empire and our House of Debt and the rest of the world may hate, may want desperately to change it….but they have no where else to flee.
As an opponent to the American Empire…I do hope China and the other creditor nations find some courage, but if I was betting on it….I don’t see it for a while.
( fortunately our current American deficits are running so high there may not be enough dollars outside of our country to keep it going….but we can always print more…oh what fun)
Raising interest rates in America would have horrific results for all those states scrambling for money to make sure their societies don’t fall into the dark ages…maybe even push some of them into bankruptcy….and a couple upticks would increase drastically the federal payments to its creditors which puts more pressure on the printing presses.
Cut Taxes…ahh the miracle cure…I remember well as young teenager in Sunday school….constantly hearing the poor pastor complaining about unwed mothers, drug addicts, shrinking congregation and worse shrinking tithes. But Reagan cut taxes and presto chango all problems magically go away. I even hear tell it cures rickets.
Cutting the price I pay for labor, including my own does not necessitate that I go out and hire more folks. The savings can go to new hires….but only if there is demand warranting this increase in production. This in my opinion is a deflationary cycle (over production combined with a drastic curtailing in the purchasing power of individuals) if the magic happens with the tax cuts, more hiring, thus increasing production…it would be like adding gas to a fire out of control.
there is no demand…there is no demand in Florida where I live for 500k 3500sq ft Mac Mansions…when the labor base can not afford the monthly payments by working at Home Depot
So Krugman’s of the world come forth and say the government should step in and create the demand…try to re inflate the bubble….this may be folly (may even be suicidal) but the Conservative prescription of fiscal austerity and lavishing more benefits to the few via lower taxes…is a recipe for social disintegration.
thanks for your time…hope this get’s published…and does anyone want to help my go to Hyde Cemetery in London and dig up the guy that wanted to see the State whither away and die?