Stacy Summary: Here it is! Sorry, but the audio quality isn’t very good. We had to record it in studio, but not the studio with soundproofing. Oh, and good morning!
For more download and listening options, visit Archive dot org
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Stacy Summary: Here it is! Sorry, but the audio quality isn’t very good. We had to record it in studio, but not the studio with soundproofing. Oh, and good morning!
For more download and listening options, visit Archive dot org
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@david, Sounds like Ireland’s China.
@Snoot & Glad Man, I think Ron Ron is alluding to the point that most of the manufacturing that was carried out in Ireland by Dell and there ilk have upped sticks and moved to Poland. Boo hoo hoo.
@ronron, If they do seize control, the Polish’ first move will be to enact an international ban on the sale and manufacture of Polish Remover.
just watch out for those trees while you looking at the SDR’s. bye snoot you lovely.
@Snoot nice coloring. thanks
I’m coloring instead, ronron!
http://info-poland.buffalo.edu/classroom/legends/WD4.pdf
@Youtwo. make fun if you like. it’s only ronron.
Attila the Hun was from Hun-gary.
That’s close to Poland.
@ronron, Very clever. The Polish are going to use their newly acquired mastery of Irish Gaelic to seize control of international money markets.
@youtwo, your smart but not that smart. you’ll work it out in a few days. let me know how you do.
ronron:
Please expound. I don’t need a shoe/shine. (we don’t wear shoes in floridee much)
@ronron, English? And maybe some Irish.
and what did the polish learn in ireland you’s two?
@ronron, Expound away.
i’m the fucking shoe shine boy?
@ronron, I know that up until recently, the labor shortage in Ireland was taken up mostly by Polish and Hungarian workers. There was a subsequent demand for qualified ESL teachers in Ireland. I assume that has all dropped off.
you would like ronron to expound?
@Youtwo. you’ll see.
@ronron
(AFX UK Focus) 2010-02-24 14:43
Poland seen joining euro zone in 2015
‘WARSAW, Feb 24 (Reuters) – Poland will likely enter the euro zone in 2015, Deputy Finance Minister Ludwik Kotecki told TVN CNBC on Wednesday.
Asked whether Poland could enter the single currency zone in 2015, Kotecki said: “It is the most probable year. But it doesn’t have to be this year.”‘
http://www.iii.co.uk/news/?type=afxnews&articleid=7763223&subject=economic&action=article
What jobs?
Yes, please. Do proceed, ronron!
@ronron, How do you see Poland playing a crucial role in the global balance of power?
@Snoot. here’s a hint. who got irelands jobs?
@ronron:
Poland???
@ronron, Private banks making up various countries’ central banks, and allied corporations, are the new superpowers.
“Let me issue and control a nation’s money and I care not who writes the laws.”
Mayer Amschel Rothschild, 1790
@Snoot. keep an eye on poland and mark my words.
Yes, ronron. But you didn’t see the tapestries at the museum recently from the Habsburg Empire. It gives one an imagination!
@MFG:
I was comparing the interesting switch from Rumsfeld calling old europe trouble for refusing to go along with his schemes and then Bush going outside the UN to old europe now instigating troubles on their own political clout and threatening sanctions outside the UN.
@youtwo. it’s all theater for fuck sake. snoot you know it’s all corporate. there are no borders.
@FS, Sounds like you have shifted, in the course of a few minutes, to attributing US motives to those of the EU, rather than the UN. There is a difference, at least some of the time. The falling out between Old Europe and BRIC at Copenhagen is one instance. The new heads of state in Old Europe have seen that resistance to US interests in the Gulf is futile, in the short term at least. Behind the scenes, however, France and Germany may well be conspiring with BRIC to curtail Anglo-American representation at the IMF. Again, we’ll see.
@MFG:
Yes. I agree about the shift: but remember the new system will not be tied to any one nation.
@ronron, Don’t think I’m FS’ type
Why? Ya think I’m not ‘into’ times new roman font? Well, I do prefer Italic. flutter flutter
“If the US works in the Gulf at the UN’s bidding, why couldn’t the US get UN authorization to invade Iraq.”
The new order of affairs reflect Obama’s insistence and record of following the western concensus. The Iraq war was an example of what is preceding now out of the EU: a reasoned measure of aggression outside the UN. Both are surely not justifiable (war is not by any means) and both should be condemned. Why do you ignore Merkel’s posturing and declare the US as puppetmaster?
Rumsfeld had an interesting view concerning the Iraq war opposition:
“Now, we rarely find unanimity in the world. I was ambassador to NATO, and I — when we would go in and make a proposal, there wouldn’t be unanimity. There wouldn’t even be understanding. And we’d have to be persuasive. We’d have to show reasons. We’d have to — have to give rationales. We’d have to show facts. And, by golly, I found that Europe on any major issue is given — if there’s leadership and if you’re right, and if your facts are persuasive, Europe responds. And they always have.
Now, you’re thinking of Europe as Germany and France. I don’t. I think that’s old Europe. If you look at the entire NATO Europe today, the center of gravity is shifting to the east. And there are a lot of new members. And if you just take the list of all the members of NATO and all of those who have been invited in recently — what is it? Twenty-six, something like that? — you’re right. Germany has been a problem, and France has been a problem.”
http://www.defense.gov/Transcripts/Transcript.aspx?TranscriptID=1330
Now ‘old Europe’ is seeking aggressive action against Iran outside the jurisdiction of the UN Security Council. It would seem to me a shift of the pivot of nation/states operating through the power vector of those behind the currency hegemony.
It has been often argued that the dollar itself was a form of hegemony on the world: I believe this is so. I do not believe, though, that the US government retained the right of propriety over their own currency.
something for nothing. speculate all you like about the future of money. the oligarchs have all the gold. they understand that wealth can only be created from labor. no labor nothing. they keep the mystery of gold alive. labor was involved in gold. silver is another story. some fucks will make a few bucks on metal. gold is worth nothing but it’s a good investment. go figure. too much labor means see ya around. bye y’all
@ronron, Don’t think I’m FS’ type.
@FS, If BRIC manage to increase their representation on the IMF board in line with their stated wishes, and in excess of what the US has said it is willing to grant, that will be a clear indication that the balance of power in global banking has finally shifted off the Anglo-American axis. That remains to be seen. The struggle continues, both in the open and behind the scenes.
@ronron, Who knows how much longer either Anglo-American or Continental European banking interests dominate the global economy? I don’t know if developing nations can upset the cart in 5-10 years, Maybe it will only take 5-10 mos., though.
“The stronger the US comes to negotiations, the better for its interests”
It’s a banking decision: there aren’t any negotiations.
i think the man from glad is trying to steal my hun.
@FS, BRIC want more representation on the IMF board than the US is willing to grant them. They also want a share in the SDR basket. I’m sure the Eurozone would appreciate increasing its share. The stronger the US comes to negotiations, the better for its interests. The weaker the US’ rivals come to the negotiations, the better for US interests.
‘BRIC is using its new influence to put pressure on the IMF to reshape its voting structure to better reflect the shift in economic power. Brazil, for example, is the world’s 10th largest economy, but has just 1.38 percent of the IMF board’s votes, compared to 2.09 percent for Belgium, an economy one-third the size.
China, too, is well-positioned to become a greater actor on the world stage, despite its past preference for playing a supporting role.’
http://www.dw-world.de/dw/article/0,,4335954,00.html
The US throws bones the way of its accomplices in maintaining US military and economic dominance in the Gulf. And withholds favors from those who don’t comply. Consistent UK support for the US has so far has paid off handsomely. Other Western European states have not been slow to take note of the arrangement.
Although the US has been successful in whipping some Western European states into compliance, Russian and China remain recalcitrant. Hence Hillary’s recent veiled, and not so veiled, threats against China.
‘US secretary of state warns Beijing it risks disruption to its energy supplies unless it helps keep Islamic Republic from developing nuclear weapons’
http://www.ynetnews.com/articles/0,7340,L-3841529,00.html
If the US works in the Gulf at the UN’s bidding, why couldn’t the US get UN authorization to invade Iraq? Clearly China and Russia are not among the permanent members of the UN Security Council at whose behest the US is priming for war with Iran.
@Snoot. poland will be the key.
@Snoot. all one club. church of england-vatican. these oligarchs joined after the death of the rominoff family.
@ronron:
How so Vatican/british? I would delineate Vatican/german-austrian.
ronron:
Mine is only a perspective: all of history stands as perspective.
I see the currency operators as the power vectors: the question of whom is a topic of research.
I’m fascinated with history but wonder at the relevance to today’s reality. It would seem we have a new beast in that the G20 banks (protected by sovereign immunity) are global and linked to an advanced form of international financial structuring. Who will the leaders be? I would assume the nations that retain close proximity to the BIS through bloodlines.
Chaos is easy to produce, but order after chaos I see as a trick of a magician.
Perhaps they know magic?
@Snoot. so the vatican-british empire is about the same as pre WW2?
Why is the US putting the screws on China to back acts of war against Iran?
Interesting choice of words, MFG. Here’s the mirror of your sentence:
“t may be that the sanctions screw needs to be or can be turned here and there,”
ynetnews 07-FEB-10–Karl-Theodor zu Guttenberg
http://emm.newsexplorer.eu/NewsExplorer/entities/en/66923.html
@ManFromGlad. it’s amazing what you can teach a hungry young person. the wrong rich are gonna pay. in 5 or 10 years?
US motivations in the Middle East remain economic, as before.
US was serving HM Majesty in Iraq.
http://www.shell.com/home/content/media/news_and_library/press_releases/2010/majnoon_contract_17012010.html
Iran is a different vehicle. The EU has been negotiating the Iranian uranium deal from the beginning:
http://www.guardian.co.uk/world/2010/feb/03/iran-uranium-offer-dismissed-europe
“European officials yesterday dismissed an apparent offer by Mahmoud Ahmadinejad to relaunch negotiations over Iran’s uranium stockpile as a time-wasting gambit aimed at ducking the threat of sanctions.”
France needs the contract for Iranian uranium seeing it as a means to continue fighting down the need to come in line with Brussels 3% deficit rule:
http://www.cafebabel.co.uk/article/22420/ecofin-brussels-vs-france-national-debt.html
“France for example has a national debt that is hovering around the 66.6% mark. But instead of keeping a low profile, France has asked her partners for special dispensation, enough time to reap the fruits of the economic reforms that she is currently implementing. This situation irritates and offends other European countries who are now mounting a common front against France. This is not the best guarantee of European solidarity.”
Time to guarantee future profit for state-owned Areva nuclear?
Why wasn’t the the Bush admin. able to get the UN authorization it wanted to invade Iraq?
France veto:
http://news.bbc.co.uk/2/hi/europe/2682313.stm
@FS, The more strength the USD retains, the more representation the US can retain on the IMF board
ManFromGlad:
Quotas are the criteria for IMF representation, although the US still retains veto privilege.
http://www.imf.org/external/np/sec/memdir/members.htm
@ronron, Maintaining support from the UK hasn’t been a problem for the US so far, when it comes to maintaining US economic and military dominance in the Gulf. Keeping the rest of the Anglosphere in line sometimes requires a little more work.
@TheManFromGlad. when jean crethien said no to iraq he was done. martin won by default. then they bought harper. he gave the same speech as the austrailian head word for word in canadian parliament. this guy is bad news for us. he’s selling way more than mulroney, and he sold the furniture out of the big house. hahaha. fuck
@FS, The more strength the USD retains, the more representation the US can retain on the IMF board. Hence the larger a percentage of the SDR basket the US can maintain. Inversely, the weaker the USD’s rivals are, the smaller their share in the basket. US military, intelligence and finance are all working feverishly in the run up to the re-weighting of the SDR.
-
Why wasn’t the the Bush admin. able to get the UN authorization it wanted to invade Iraq? Why is the US putting the screws on China to back acts of war against Iran? In order to limit nuclear power development because it is somehow inimical to carbon limits? Nuclear power is promoted precisely because of its low carbon footprint.
When the HW Bush admin. first primed for war with Iraq, the justification given was to preserve US jobs. They had to switch the pretext to human rights abuses in Kuwait, when the jobs angle didn’t sell. When Iraqi WMD turned out to be a ruse, continued US presence in Iraq was justified as a democracy building effort. US motivations in the Middle East remain economic, as before.
The US is fortunate, in priming for war with Iran, in having more compliant heads of state in Western Europe than it did when it primed for war with Iraq. France moving into NATO is a particularly great boon for US interests.
“Greece’s secret service is investigating Goldman Sachs”. The former name of Greece’s CIA is CIA in Greek. That’s because CIA organized the Greek CIA, and they manned it with the people who did this job during the Junta before WWII, who did the same job during the occupation by the Nazis and cooperated with the Brits afterwards. That’s because the problem was always the communists. Their name changed from CIA to GIA -Central became Greek- but the people are still the same as you can understand. As for the person who is appointed to work on the debt and who was working with Goldman Sachs in the past, the situation is worse, as you can’t get elected in Greece as a PM if the US embassy does not like you.
” Diverting attention to Europe won’t make US intentions toward Iran any more benign.”
I’m not ‘diverting attention to Europe’ by pointing out the futility of your arguments. The move is toward nuclear power: oil/coal will not be a viable source of energy for the 21st century due to regulations on carbon.
Are you indicating that the US military is acting in a unilateral fashion outside NATO/UN jurisdiction?
France has been the forerunner on the Iranian sanctions, but the first word about sanctions outside the UN security council came out of the historic (what didn’t you read about it?) meeting between Merkel and
Netanyahu:
http://www.nytimes.com/2010/01/19/world/europe/19germany.html
“But Ms Merkel on Monday said that Germany had “made it clear” that if Iran’s blocking of a nuclear deal did not end, “we will be working on a comprehensive package of sanctions.”
She said Germany sill preferred sanctions to be agreed “within the framework of the United Nations Security Council” – that is, together with potential trading rivals Russia and China.
But she also said Germany would back sanctions “with other countries that are pursuing the same goal” – a nod to the US and Israel, which want action even outside the UN framework.”
The IMF council decides on the sdr reweight irregardless. It’s not up for popular vote.
@FS, The seignorage OPEC’s oil-for-USD policy affords the US is evidently worth fighting for. The Bush admin. publicly backed a coup against Chavez mos. after Venezuela started bartering for oil. The US started priming for war with Iraq within mos. of Iraq abandoning OPEC’s oil-for-USD policy. Ditto for Iran. And this continues apace with Iran. Diverting attention to Europe won’t make US intentions toward Iran any more benign.
These wars and intelligence operations are not conducting with the interests of the American people in mind. The US’ internat’l. reserve status helps maintain the balance sheets of US financial and petroleum interests.
Afghanistani opium provides funding for US black ops. US troops on the ground in Afghanistan keeps the country out of the SCO, and opens up a second flank on Iran.
Continuing, abundantly evident, US efforts to maintain OPEC’s oil-for-USD policy, and to destabilize the USD’s rivals as internat’l. reserve, are not necessarily for naught if the financial and petroleum industries in the US have realized that the USD’s days as internat’l. reserve are numbered. Efforts on both fronts help to preserve the USD’s share in the SDR basket.
I’ve heard about this for some time, but never seen evidence until this:
Video: The Camera in your Digital Converter Box?
http://www.propagandamatrix.com/articles/february2009/021809_spy_camera.htm
ROFL Historian tooooooo LOLOLOLOLOL
Hic who freakin knew
ROFL Hic
Phylosopher Bonn Who knew ROFL not me fer sure
Hic
@ Snoot all humans are born with inherent rights
But from me findings tat Idea is thrown outta ta window
Along wit History 101
Along wit Finance 101
But I do have a feeling tat humans as a whole are hurtin big time now
its reachin a level of unision
Hopefully we can side with ta Yakuza Mafia
Ta get stuff online again
Asians are more worldy Knowledgeble
and more Kinder tan Caucasians
Caucasians have a Gene where in they gotta rule
Whats up wit tat
We in tis position cause tey get there foot soldiers to play Chicken IMO
Hic
@Bonn:
Do you believe that man is born with inherent rights or are they deigned to man from other men whose authority is vested through the sovereign?
Man can someone press Foward
On Life gettin a little cornered in Life
Hic
@MFG:
You keep indicating a reliance upon the term ‘nation/state’ in the operation of ‘national interests’. That term is become obsolete. It is a matter of perspective that the Iraq war was fought to ‘protect the petrol dollar’. Rather absurd seeing that those who retain control over the dollar are switching to a new reserve system in a bid to consolidate and monopolize control.
The axis of evil retained privilege through the dollar/reserve system link between England and the US after world war 2. This pivot is become obsolete as well.
Who chooses to make the new world order?
The privileged understand the new pivot and are proceeded with their capital through venture and support of Keynesian state legislation. The world of tomorrow looks aptly Keysesian in the tyrannical oppression of private access to capital through sovereign-operational banks.
The international interests that profited off the Iraq war are now set up in Afghanistan. Why do you think that Germany is committing more troops and enlarging an export arms market? Do you see some link between the euro and Afghanistan’s opium?
Who owns the BIS? At these criminals cast the first stone.
Those who would try the US should first look at where the capital flows came from that originated the Horrid Bretton Woods institutions. Separate the US from these institutions, and enjoy Kansas on a hot summer day cause Dorothy will have finally made it home.
There were many here opposed to the Iraq war with all their being. The same voice was ignored during the TARP vote. War sees no victors.
I’m sure there will be scapegoating of the US/UK when the sdr/system is operational. The Iraq war will be a good item to draw down for sanctimony. It will be interesting then to see the same criminal actions continuing from the same group of elite criminals: the nation/state was made and destroyed in the minds of these families. These men who stand above the law: with their banks and their control.
What is wrong is to call individuals complicit and to target them for their crimes when the true criminals are instigating the very act of scapegoating.
The world will not be a better place post dollar/reserve because the same criminals retain the currency control. It is not in the hands of the FED/ the pentagon/ or the Bush family.
Bind those hands and free men.
Ignore those hands at your peril.
It’s all a big show to dupe the population. I mean”Round Two: Bernanke Faces More Grilling From Congress” – What does this mean?
Absolutely noting cause the laugh at you cause at the end of the day their still loading up their trillions and you are still holding the empty back cause in reality absolutely nothing has changed.
There is no way Max is 50
Why Norman Bates would’nt hurt a fly… http://www.youtube.com/watch?v=-B0ad62tlAQ
@Super Geek Version: Psycho-bathroom scene http://www.youtube.com/watch?v=w8d7E5rSTAQ
@Photoception, Under fractional reserve banking, you have more debt than money, which is to say, a Ponzi scheme. That’s not the way Capitalism has to be. We didn’t have that arrangement in the US till 1913. We had net deflation before that. Now, one Dollar buys 1/20th the gold it did in 1913.
@stacy
Excellent analogy about capitalism being a front for a mafia style racket.
@FS, Even if the king-makers in the US have realized the USD’s days as internat’l. reserve are numbered, continuing efforts by US finance to destabilize the USD’s rivals in the SDR basket evince a strategy to maintain as large a proportion in the basket for the USD as possible. Continuing US military efforts at propping up OPEC’s oil-for-USD policy strengthen the USD’s bid to retain its dominance in the SDR basket.
Stacy, today 192 kb/s instead of 128 as hithereto.
I think for talk is 64 or even 32 enough.
Please check it out, saving resources.
@Grisu, The next step after locking someone up for life would be the death penalty. I’m generally opposed to that on the basis that many innocents are unfairly executed. That may not be a concern in the case of war crimes.
@FSk When did the switch occur in the US? Was Bush the last President to fight for USD hegemony? If so, why does the Obama administration continue the Bush pattern of using the WMD trick as a pretext for war with countries just after they abandon OPEC’s oil-for-USD policy?
So…am I right in thinking that Soros’s push for SDRs to replace the dollar is in effect a drive to move currency production from nation states to global, unelected, unaccountable governance?
If so, realistically, do we have any forms of resistance left? What would be the effect if sufficient numbers of nation’s populations started to refuse to pay taxes, and to take part in barter on a massive scale?
@ Mep (aka Danielsun)
Ya want ta Red Pill or ta Blue Pill
ROFL PMSL
Hic
@ManfromGlad
what do you consider an appropriate punishment for killing millions of iraquis based on lies?or for robbing whole countries blind?
I honestly think the punishment must be so harsh that it discourages people from
trying this kind of crime again for at least a few generations.
@paganrongs, The marauders can make a profit in the process of destabilizing Eurozone economies. A strategic aim to fend off rivals to the USD, though, may have been the primary objective.
@ManFromGlad:
The sdr/reserve system is the goal of Obama and the US green/venture capitalists. Post dollar/reserve is what the plan is coming out of Washington.
http://www.vccafe.com/2009/04/01/george-soros-in-london-g20/
Obama is proceeding with the entry of the US system into the “new pivot”: sdr/reserve power emanating from Europe.
Norman Bates comparison good, improvised exploding soldiers comparison… maybe a little work on that one.
Greek intelligence that stopped with Archimedes, no.
And what’s this about your Pauline conversion, shall you know be known as St Slax of Paris, where did this conversion take place, perhaps on the way to Basel to the bank on international settlements. You are right though, compassion is the only way forward, although we appear unable to make this evolutionary advance, can we expect you to be martyred, pelted to death with pasty’s.
@ mep
Tis ones fer ya
Truly Old School Technology: p21 Gunnar Thompson Learned the Hard Way
http://www.youtube.com/watch?v=ngqd20aEiEU
Whoot Whoot
Hic
@ The Man from Glad
Exactly Ta ting is we can recover ta money It can so easily be done
All ya need is a panel of 100 peeps Lawyers Accountants Auditors computer geeks to retrieve ta stolen $$$$$$$$
and lock teese guys in a white padded room
Sadly tear is no Political Will
Hic
@Grisu, You can pity even people you think should be locked up so they pose no further threat to society. And these neo-Feudalists are socio-paths.
Hey ya guys been ta monte Carlo ta see ta Grand Prix
3 more tings in life I gotta do
A) St Peters berg tey let ya fly a Su -30 fer 8000 $
B) Silverstone ya can sit in a 2 seater mc-laren fer 2K
C) Eventually become a small time farmer in me home state
Hic
@ Stacy
Tats what I guessed ya’d be tinkin
Fer most peeps a car is a symbol Of “I have arrived thingy !!!”
ROFL
Unfortunately In India we have a Crapy Public transportation
So I’d like ta buy a nice Car
Hopefully End of ta year
I Remember In switzerland I was Flabbergasted by thier Public Transportation If I lived There as an average Joe Even I would’nt buy a Car
But if I did make it big In Life
I’d still go to Dubai Rent a ferrari Drive it fer a few weeks
and head Back ta Me home India
Completely no point of owning a high performance car in India
Hic
@Max
Am I hallucinating?
Did you just say that we should show compassion to blankfein,blair etc.?
May be you are suffering from stockholm-syndrome.Because you worked on wall street
and these poor babys are hated even by their own families because they are thieving
pondscum we should let them get away with the biggest heist in history.
They are sociopaths who only got to their position BECAUSE they have no empathy.
Compassion for them means welcoming neofeudalism.
while the currency traders are sacrificing the physical economy in their attempt to be on top when the dust dies down…the guess is a curious one:which currency is the first to go: yen?,euro?, dollar?….short term or long term…manipulation by anyone is intolerable…this war in the investment banking industry…this predator culture steeped in greed and avarice is the disease that will waste the millenium of struggles that the Age of Enlightenment has brought to lift the yoke from the working poor…in short we have lost those inalienable rights that were garnered by revolution and uprising against the divine right of kings and in the future will ( might ) be raised against the divine right of financial oligarchs who have replaced the royals as the preeminent rulers…now that the technological age has the binary system to gather more and more power. rather than the sea lanes and the underlying mineral rights of nations…in short that has become almost irrelevant… …..As Max looks favorably upon the virtual computer driven reality of economics the PTB must see the game board they play with as a similar virtual game….with them as the only players and with the only game pieces…not one of them want to be on the losing side, so they maintain the same casino speculation that brought us to this impasse: the CDOs the CDSs, the high leveraging and the HFT; the FEDs floating the numerous auctions by buying a majority of the treasury bonds sold…and so it goes until the next election cycle and the next call to war..and w know the next one is against IRAN…a war that will destroy more than the localized “enemy”…and all in an effort to hide to real culprits: the eugenicist/bankers
@Bonn – car is an ‘asset’ that plunges in value the moment you drive it off the lot; then you have to buy insurance for it and THEN you get hassled by all the nickel and diming scams like speed cameras and bogus parking tickets (part of the reason I left LA; it was soon after they privatized parking enforcement and I was soon bombarded with tickets for parking ‘over the yellow line’ . . . though I hadn’t but I would have had to take a day off to go fight in court)
==============
Maybe set to go off so as to keep the US Dollar the leper with the most fingers, as Max puts it. US banks target Eurozone economies so as to destabilize the Euro.
This prevents the Euro from challenging the US Dollar as internat’l. reserve, and also weakens the Eurozone’s hand when it comes to reallocating the SDR basket.
==============
At best it buys the USD some breathing room, but the effects of above are not permanant.
However, widespread sovereign defaults in the Eurozone will weaken the USD as part of the many endgame economic interaction processes between the US and EU.
There is the possibility that the above will accelerate the death of the USD, based on some nations moving to SDR or national currency for economic deals.
Just Kidding ROFL
I also tot u would’nt own a car
Ya don’t behave like ta types to get into hassel un nessasarily
Practical Peeps IMO
Hic
Dam I really tot Max owned tat Hybrid LOLOLOLOLOL hic
@ronron – you know us so well; we definitely do not own a car; lots of public transport here and if we need a car, we just rent one; haven’t had to do that in several years though
PNG drops conspiracy charges against Australian banker
http://www.abc.net.au/news/stories/2010/02/24/2829221.htm?section=justin
Conspiracy charges laid against Australian banker John Maddison in Papua New Guinea have been dismissed, but he will still be committed to stand trial for misappropriation.
Maddison, from Bank South Pacific, and New Zealand-born lawyer Erik Anderson were both charged with 50 counts of conspiracy to defraud and 45 counts of misappropriation.
The charges related to the bank’s efforts to recover money from controversial businessman and former politician Peter Yama.
The Yama Group had won a $3 million payout for an insurance company and the bank moved to secure the money to cover an outstanding loan.
Mr Yama took the case to court, alleging the bank and its employees defrauded him.
In a committal hearing Magistrate Sinclair Gora said the conspiracy charges lacked credibility.
But he said there was some evidence to support the misappropriation charges laid against Maddison and he would be committed to stand trial.
The misappropriation charges laid against Mr Anderson were dismissed.
@paganrongs, It’s taken an incredible amount of cleverness to keep the USD the internat’l. reserve even as its depreciation levies a tax on its holders. OPEC first announced plans to start selling oil-for-SDRs in ’75, then abruptly withdrew the plans. Who knows what all has gone on behind the scenes? And we can see the US direct military threats against countries which abandon OPEC’s oil-for-USD policy.
Damn, that’s clever
@paganrongs, The marauders can make a profit in the process of destabilizing Eurozone economies. A strategic aim to fend off rivals to the USD, though, may have been the primary objective.
@MfG: makes sense to me…
@paganrongs, Maybe set to go off so as to keep the US Dollar the leper with the most fingers, as Max puts it. US banks target Eurozone economies so as to destabilize the Euro. This prevents the Euro from challenging the US Dollar as internat’l. reserve, and also weakens the Eurozone’s hand when it comes to reallocating the SDR basket.
don’t think max and stacy would own a car
@ Vega Man
I am sure Max’s car has been recalled
he must be drivin tat Tayota Hybrid
Hic
@Man from Glad; I was thinking the same thing; the US went after Saddam after he started trading oil in Euros. Then mysteriously a US bank, whose ex members run the US Treasury, sets hidden debt bombs in the Euro timed to go off when…when…when there is resistance to attacking Ir#n?
Alex Jones has conjectured that Blair converted to Catholicism to give himself a better shot at being selected EU president. He didn’t get it the first time, but may still be angling for it down the road
Getting the Euro out of the running as an internat’l. reserve may have been the primary objective of recent predatory finance directed against Greece.
@Sherbert: thanx 4 correcting Max…hard to believe that Lloyd Blankfein would convert to Catholicism, as Max misspoke for his absolution….as we all know it was Tony Blair..
Some related NZ content:
Lyn of Tawa – In Search of the Great New Zealand Male
http://www.nzonscreen.com/title/lyn-of-tawa-in-search-of-the-great-new-zealand-male-1994
Kiwi icon Lyn of Tawa – she of mangled vowel fame – goes on the prowl in search of the ultimate Kiwi bloke. The girl-from-the-suburb’s mission takes in the gamut of masculine mythology, from Man Alone to mateship, and Lyn provides manthropological reflections (“can a woman ever be a mate?”). Made when the good keen man was facing up to the challenge from ‘knackered’ SNAGs, she travels from the West Coast (for sex education) to the Wellesley Club, from rugby scrums to rabbit culls, and en route meets hunters, lawyers, students and … gay ten-pin bowlers.
@ Max , Im wondering what kind of car you drive ?
VM
Bernake Hearing may get Uncivil…
http://www.cnbc.com/id/35542268
i sure hope it DOES !!
@Y’All
As always cheers for the show!!!