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	<title>Comments on: AIG&#8217;s $150 billion &#8220;capital relief&#8221; bombshell &#8211; CDSs Written to European Institutions to get around capital requirements</title>
	<atom:link href="http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/feed/" rel="self" type="application/rss+xml" />
	<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/</link>
	<description>Markets Finance Scandal.</description>
	<lastBuildDate>Fri, 10 Sep 2010 13:43:18 +0000</lastBuildDate>
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		<title>By: Marc Authier</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92754</link>
		<dc:creator>Marc Authier</dc:creator>
		<pubDate>Mon, 01 Mar 2010 00:18:58 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92754</guid>
		<description>The economy is dead. Welcome to the new science courtesy of the cynical nazis bastards CITIGROUP. They now call it USA the first PLUTONOMY. 

http://www.ibtimes.com/articles/20090907/citigroup-2006-americamodern-day-plutonomy.htm

A government and a country by the ultra rich and ONLY for the ultra rich. The model already exist in third world countries. That&#039;s what theses bastards from CITIGROUP should mention. LIke I said these bastards are dreaming of China.</description>
		<content:encoded><![CDATA[<p>The economy is dead. Welcome to the new science courtesy of the cynical nazis bastards CITIGROUP. They now call it USA the first PLUTONOMY. </p>
<p><a href="http://www.ibtimes.com/articles/20090907/citigroup-2006-americamodern-day-plutonomy.htm" rel="nofollow">http://www.ibtimes.com/articles/20090907/citigroup-2006-americamodern-day-plutonomy.htm</a></p>
<p>A government and a country by the ultra rich and ONLY for the ultra rich. The model already exist in third world countries. That&#8217;s what theses bastards from CITIGROUP should mention. LIke I said these bastards are dreaming of China.</p>
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		<title>By: Marc Authier</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92752</link>
		<dc:creator>Marc Authier</dc:creator>
		<pubDate>Mon, 01 Mar 2010 00:15:51 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92752</guid>
		<description>CITIGROUP official document laughing at the crisis.

http://www.ibtimes.com/articles/20090907/citigroup-2006-americamodern-day-plutonomy.htm

Riding the gravy train, CITIGROUP boasting that the crisis is good for them.</description>
		<content:encoded><![CDATA[<p>CITIGROUP official document laughing at the crisis.</p>
<p><a href="http://www.ibtimes.com/articles/20090907/citigroup-2006-americamodern-day-plutonomy.htm" rel="nofollow">http://www.ibtimes.com/articles/20090907/citigroup-2006-americamodern-day-plutonomy.htm</a></p>
<p>Riding the gravy train, CITIGROUP boasting that the crisis is good for them.</p>
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		<title>By: ronron</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92748</link>
		<dc:creator>ronron</dc:creator>
		<pubDate>Mon, 01 Mar 2010 00:03:01 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92748</guid>
		<description>hahaha. were in for a show here. ;-)</description>
		<content:encoded><![CDATA[<p>hahaha. were in for a show here. <img src='http://maxkeiser.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
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	<item>
		<title>By: ronron</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92746</link>
		<dc:creator>ronron</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:59:49 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92746</guid>
		<description>there trying to close silver contracts. hahaha.</description>
		<content:encoded><![CDATA[<p>there trying to close silver contracts. hahaha.</p>
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	<item>
		<title>By: ronron</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92742</link>
		<dc:creator>ronron</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:46:42 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92742</guid>
		<description>@WL. hahaha. we beat them again. :-)</description>
		<content:encoded><![CDATA[<p>@WL. hahaha. we beat them again. <img src='http://maxkeiser.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
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	<item>
		<title>By: ronron</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92741</link>
		<dc:creator>ronron</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:41:56 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92741</guid>
		<description>holy fuck. people are buying gold like crazy at a set price. @Mike the pound is crashing. wake up.</description>
		<content:encoded><![CDATA[<p>holy fuck. people are buying gold like crazy at a set price. @Mike the pound is crashing. wake up.</p>
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	<item>
		<title>By: ronron</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92738</link>
		<dc:creator>ronron</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:37:17 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92738</guid>
		<description>fuckin funny. hahaha. tat fker SG have fun wit tis. ;-)</description>
		<content:encoded><![CDATA[<p>fuckin funny. hahaha. tat fker SG have fun wit tis. <img src='http://maxkeiser.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
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	<item>
		<title>By: ronron</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92737</link>
		<dc:creator>ronron</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:34:08 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92737</guid>
		<description>@Snoot. theer are 4 sets of oligarchs. ;-)</description>
		<content:encoded><![CDATA[<p>@Snoot. theer are 4 sets of oligarchs. <img src='http://maxkeiser.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
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	<item>
		<title>By: ronron</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92736</link>
		<dc:creator>ronron</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:27:49 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92736</guid>
		<description>@Snoot. did you know stomping tom refuses to play in the USA. thanks snoot your a fine woman. :-)</description>
		<content:encoded><![CDATA[<p>@Snoot. did you know stomping tom refuses to play in the USA. thanks snoot your a fine woman. <img src='http://maxkeiser.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
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		<title>By: frances snoot</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92735</link>
		<dc:creator>frances snoot</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:26:03 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92735</guid>
		<description>@namarama:
Yes.  And Ronald McDonald owns McDonalds.</description>
		<content:encoded><![CDATA[<p>@namarama:<br />
Yes.  And Ronald McDonald owns McDonalds.</p>
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	<item>
		<title>By: frances snoot</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92734</link>
		<dc:creator>frances snoot</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:24:01 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92734</guid>
		<description>I&#039;m sorry, ronron.  I did not mean to be a snoot.

:)</description>
		<content:encoded><![CDATA[<p>I&#8217;m sorry, ronron.  I did not mean to be a snoot.</p>
<p> <img src='http://maxkeiser.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: frances snoot</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92733</link>
		<dc:creator>frances snoot</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:23:22 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92733</guid>
		<description>http://www.voxeu.org/index.php?q=node/3387

Reforming global governance: How to make the IMF more independent
Daniel Gros   Ulrich Klüh   Beatrice Weder di Mauro
1 April 2009

&quot;Differeniate voting procedures for lending and analytic functions

The decision rule of the Fund should thus distinguish between financial measures (granting balance of payments assistance) and the analytical function of the IMF, especially macro surveillance and potentially as the main organisation to look after sources of risk in the global financial system.

This needs to change in order to give the IMF the independence it needs to become a credible impartial judge of balance of payments disequilibria and sources of risk to global financial markets. The IMF staff needs to be independent in these functions which should no longer be micro-managed by the Executive Board.
The required independence of the IMF staff can be achieved simply by stipulating that the Board of the IMF only oversees the work of the IMF on its analytical functions and, even more importantly that its decision making mode (and composition) is different in its oversight of these areas. This could be achieved with two simply decisions:
The Executive Board should be enlarged by a number (possibly 3) of independent directors (as in the private sector) and the voting principle should be one man one vote. The independents board members would constitute only a small minority But their presence and professional expertise would give them a disproportionate weight and they would have a disciplining effect since they are to represent the general interest and would be free to go public with their views.
Management would also be free to take positions on all issues not involving the use of fund resources unless it is explicitly overruled by the expanded board. This would give management de facto considerable independent since under the one man one vote principle the larger member countries could no longer block issues just because they are inconvenient from a domestic political point of view.&quot;</description>
		<content:encoded><![CDATA[<p><a href="http://www.voxeu.org/index.php?q=node/3387" rel="nofollow">http://www.voxeu.org/index.php?q=node/3387</a></p>
<p>Reforming global governance: How to make the IMF more independent<br />
Daniel Gros   Ulrich Klüh   Beatrice Weder di Mauro<br />
1 April 2009</p>
<p>&#8220;Differeniate voting procedures for lending and analytic functions</p>
<p>The decision rule of the Fund should thus distinguish between financial measures (granting balance of payments assistance) and the analytical function of the IMF, especially macro surveillance and potentially as the main organisation to look after sources of risk in the global financial system.</p>
<p>This needs to change in order to give the IMF the independence it needs to become a credible impartial judge of balance of payments disequilibria and sources of risk to global financial markets. The IMF staff needs to be independent in these functions which should no longer be micro-managed by the Executive Board.<br />
The required independence of the IMF staff can be achieved simply by stipulating that the Board of the IMF only oversees the work of the IMF on its analytical functions and, even more importantly that its decision making mode (and composition) is different in its oversight of these areas. This could be achieved with two simply decisions:<br />
The Executive Board should be enlarged by a number (possibly 3) of independent directors (as in the private sector) and the voting principle should be one man one vote. The independents board members would constitute only a small minority But their presence and professional expertise would give them a disproportionate weight and they would have a disciplining effect since they are to represent the general interest and would be free to go public with their views.<br />
Management would also be free to take positions on all issues not involving the use of fund resources unless it is explicitly overruled by the expanded board. This would give management de facto considerable independent since under the one man one vote principle the larger member countries could no longer block issues just because they are inconvenient from a domestic political point of view.&#8221;</p>
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		<title>By: ronron</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92732</link>
		<dc:creator>ronron</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:23:18 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92732</guid>
		<description>fuck you yanks. haha only kidding. http://www.youtube.com/watch?v=7nMzcYo5ToI</description>
		<content:encoded><![CDATA[<p>fuck you yanks. haha only kidding. <a href="http://www.youtube.com/watch?v=7nMzcYo5ToI" rel="nofollow">http://www.youtube.com/watch?v=7nMzcYo5ToI</a></p>
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	<item>
		<title>By: ronron</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92730</link>
		<dc:creator>ronron</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:16:11 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92730</guid>
		<description>@Snoot. knew i could rise ya hun. ever since you turned pro you&#039;ve been aloof. :-(</description>
		<content:encoded><![CDATA[<p>@Snoot. knew i could rise ya hun. ever since you turned pro you&#8217;ve been aloof. <img src='http://maxkeiser.com/wp-includes/images/smilies/icon_sad.gif' alt=':-(' class='wp-smiley' /> </p>
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		<title>By: ronron</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92728</link>
		<dc:creator>ronron</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:10:41 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92728</guid>
		<description>@Yusguys. thanks for the @@@&#039;s. watch poland closely.</description>
		<content:encoded><![CDATA[<p>@Yusguys. thanks for the @@@&#8217;s. watch poland closely.</p>
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		<title>By: frances snoot</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92727</link>
		<dc:creator>frances snoot</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:10:11 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92727</guid>
		<description>Who&#039;s on first base?

What?

What is on second.  I said who!

You said WHAT?!

I said who is on first?

We were talking about bank ownership.

That&#039;s not what I asked.

Who cares what you think.  You&#039;re worried about the Bretton Woods institutions.  Might as well throw rocks at the sun.

Let&#039;s throw rocks at first base.  Who&#039;s there.

Is who there?  I thought his name was What!!!

Nonsence, let&#039;s get some truth around here!

Well, don&#039;t ask HER.  She references epistemology nuance.

That&#039;s what I said, who.  Enjoy the game.</description>
		<content:encoded><![CDATA[<p>Who&#8217;s on first base?</p>
<p>What?</p>
<p>What is on second.  I said who!</p>
<p>You said WHAT?!</p>
<p>I said who is on first?</p>
<p>We were talking about bank ownership.</p>
<p>That&#8217;s not what I asked.</p>
<p>Who cares what you think.  You&#8217;re worried about the Bretton Woods institutions.  Might as well throw rocks at the sun.</p>
<p>Let&#8217;s throw rocks at first base.  Who&#8217;s there.</p>
<p>Is who there?  I thought his name was What!!!</p>
<p>Nonsence, let&#8217;s get some truth around here!</p>
<p>Well, don&#8217;t ask HER.  She references epistemology nuance.</p>
<p>That&#8217;s what I said, who.  Enjoy the game.</p>
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		<title>By: ronron</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92724</link>
		<dc:creator>ronron</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:05:36 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92724</guid>
		<description>@Youri. it really worry&#039;s me that snoot doesn&#039;t see what&#039;s coming. i think she&#039;s pissed at me. i do stick my nose in.</description>
		<content:encoded><![CDATA[<p>@Youri. it really worry&#8217;s me that snoot doesn&#8217;t see what&#8217;s coming. i think she&#8217;s pissed at me. i do stick my nose in.</p>
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	<item>
		<title>By: frances snoot</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92722</link>
		<dc:creator>frances snoot</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:02:58 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92722</guid>
		<description>So banks own banks, Harry?  I thought people owned banks, and banks serviced people. You complain about me conjuring an entity called a &#039;cabal&#039;, and yet you serve agency on banking institutions.  Max calls the &#039;enemy&#039; Goldman Sachs, and you do not batt an eyelash.  Yet you are aghast at my reference to the cabal of the central banking system.

If you&#039;re right then we have nothing to worry about, so why should I need to answer?  All is in the good hands of the G20 governing system, right?  Who cares what I think.

I think Max was asking a rhetorical question.  My opinions most likely do not concern him.</description>
		<content:encoded><![CDATA[<p>So banks own banks, Harry?  I thought people owned banks, and banks serviced people. You complain about me conjuring an entity called a &#8216;cabal&#8217;, and yet you serve agency on banking institutions.  Max calls the &#8216;enemy&#8217; Goldman Sachs, and you do not batt an eyelash.  Yet you are aghast at my reference to the cabal of the central banking system.</p>
<p>If you&#8217;re right then we have nothing to worry about, so why should I need to answer?  All is in the good hands of the G20 governing system, right?  Who cares what I think.</p>
<p>I think Max was asking a rhetorical question.  My opinions most likely do not concern him.</p>
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	<item>
		<title>By: ronron</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92721</link>
		<dc:creator>ronron</dc:creator>
		<pubDate>Sun, 28 Feb 2010 23:02:40 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92721</guid>
		<description>@Youri. yep all the way. ;-)</description>
		<content:encoded><![CDATA[<p>@Youri. yep all the way. <img src='http://maxkeiser.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
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	<item>
		<title>By: frances snoot</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92718</link>
		<dc:creator>frances snoot</dc:creator>
		<pubDate>Sun, 28 Feb 2010 22:55:06 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92718</guid>
		<description>Thanks, Youri!!!</description>
		<content:encoded><![CDATA[<p>Thanks, Youri!!!</p>
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		<title>By: Youri Carma</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-2/#comment-92716</link>
		<dc:creator>Youri Carma</dc:creator>
		<pubDate>Sun, 28 Feb 2010 22:51:12 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92716</guid>
		<description>@ Here you get duped again

Climate change &#039;has effects on health&#039; http://www.irishtimes.com/newspaper/ireland/2010/0226/1224265202447.html

SCAM http://www.youtube.com/watch?v=gefSwMCTjuc</description>
		<content:encoded><![CDATA[<p>@ Here you get duped again</p>
<p>Climate change &#8216;has effects on health&#8217; <a href="http://www.irishtimes.com/newspaper/ireland/2010/0226/1224265202447.html" rel="nofollow">http://www.irishtimes.com/newspaper/ireland/2010/0226/1224265202447.html</a></p>
<p>SCAM <a href="http://www.youtube.com/watch?v=gefSwMCTjuc" rel="nofollow">http://www.youtube.com/watch?v=gefSwMCTjuc</a></p>
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		<title>By: Youri Carma</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-1/#comment-92712</link>
		<dc:creator>Youri Carma</dc:creator>
		<pubDate>Sun, 28 Feb 2010 22:34:06 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92712</guid>
		<description>@@ronron

So the people who have no mortgage (But also pay tax) pay for the people who have - well not for the people but for the banksters who gave out those mortgages.

You see?</description>
		<content:encoded><![CDATA[<p>@@ronron</p>
<p>So the people who have no mortgage (But also pay tax) pay for the people who have &#8211; well not for the people but for the banksters who gave out those mortgages.</p>
<p>You see?</p>
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		<title>By: Youri Carma</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-1/#comment-92710</link>
		<dc:creator>Youri Carma</dc:creator>
		<pubDate>Sun, 28 Feb 2010 22:29:50 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92710</guid>
		<description>@@ronron

Look in this article they start with a lying to you: Quote &quot;“This is not a committee to shake down money from the taxpayer.&quot; while in the other article they clearly state &quot;from public spending and reform of the taxation system.”&quot;

And &quot;reform of the taxation system reform&quot; doesn&#039;t mean you pay less. MTFs!!

Further: &quot;But Fine Gael’s social and family affairs spokeswoman Olwyn Enright last night described the expert group as a “talking shop on mortgages” which she said was a “pathetic response to a national crisis”.&quot;

So, If you have a mortgage you get subsidized in cheaper loans sort of - not for the mortgage holders specialy but mainly to preserve the banking system but If you rent a house they say fuck you! So again the non-savers are helped indirectly.

Expert group to advise on ways to help those in debt http://www.irishtimes.com/newspaper/ireland/2010/0226/1224265203969.html?via=rel</description>
		<content:encoded><![CDATA[<p>@@ronron</p>
<p>Look in this article they start with a lying to you: Quote &#8220;“This is not a committee to shake down money from the taxpayer.&#8221; while in the other article they clearly state &#8220;from public spending and reform of the taxation system.”&#8221;</p>
<p>And &#8220;reform of the taxation system reform&#8221; doesn&#8217;t mean you pay less. MTFs!!</p>
<p>Further: &#8220;But Fine Gael’s social and family affairs spokeswoman Olwyn Enright last night described the expert group as a “talking shop on mortgages” which she said was a “pathetic response to a national crisis”.&#8221;</p>
<p>So, If you have a mortgage you get subsidized in cheaper loans sort of &#8211; not for the mortgage holders specialy but mainly to preserve the banking system but If you rent a house they say fuck you! So again the non-savers are helped indirectly.</p>
<p>Expert group to advise on ways to help those in debt <a href="http://www.irishtimes.com/newspaper/ireland/2010/0226/1224265203969.html?via=rel" rel="nofollow">http://www.irishtimes.com/newspaper/ireland/2010/0226/1224265203969.html?via=rel</a></p>
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		<title>By: Youri Carma</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-1/#comment-92707</link>
		<dc:creator>Youri Carma</dc:creator>
		<pubDate>Sun, 28 Feb 2010 22:13:56 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92707</guid>
		<description>@ronron

There is lot of jibber jabber in the article but the essentials is in this paragraph i think.

&quot;In a speech tonight, Mr Lenihan defended the decision to establish Nama and announced his intention to secure a €3 billion cut in the national deficit in 2011, with €1 billion to come from the capital budget and the remainder to come from public spending and reform of the taxation system.&quot;

Essentially Ireland has to squeeze for €3 bill - €2 bill in higher taxes and cutting of public spending. €1 bill cut from the capital budget. How that is going to create more jobs is a riddle.

I would say fuck them and default. This is the same ol trick the IMF has been using to suck out the third world for all it&#039;s resources. It&#039;s a crime game now put on Europe with Iceland as first major victim and Greece as second in the picture. But later they will use it on all of Europe and the U.S.A.

What these basters usualy do is put in toll roads which pay directly to the Rothschild and Rockefellow bastard sons. That&#039;s how they&#039;ve kept the third world poor for sol long in practical servitude and stealing all their resources. It&#039;s an old bank trick they&#039;ve been playing for years while we looked the other way. Now it&#039;s our turn to get duped.

IMF same exact four-step program.
1 Privatization &#039;Briberization.&#039; 

2 IMF/World Bank capital market deregulation allows investment capital to flow in and out the &quot;Hot Money&quot; cycle.

3 Market-Based Pricing, a fancy term for raising prices on food, water and cooking gas

4 IMF and World Bank call their &quot;poverty reduction strategy&quot;: Free Trade- &quot;The IMF riot.&quot;

http://www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/</description>
		<content:encoded><![CDATA[<p>@ronron</p>
<p>There is lot of jibber jabber in the article but the essentials is in this paragraph i think.</p>
<p>&#8220;In a speech tonight, Mr Lenihan defended the decision to establish Nama and announced his intention to secure a €3 billion cut in the national deficit in 2011, with €1 billion to come from the capital budget and the remainder to come from public spending and reform of the taxation system.&#8221;</p>
<p>Essentially Ireland has to squeeze for €3 bill &#8211; €2 bill in higher taxes and cutting of public spending. €1 bill cut from the capital budget. How that is going to create more jobs is a riddle.</p>
<p>I would say fuck them and default. This is the same ol trick the IMF has been using to suck out the third world for all it&#8217;s resources. It&#8217;s a crime game now put on Europe with Iceland as first major victim and Greece as second in the picture. But later they will use it on all of Europe and the U.S.A.</p>
<p>What these basters usualy do is put in toll roads which pay directly to the Rothschild and Rockefellow bastard sons. That&#8217;s how they&#8217;ve kept the third world poor for sol long in practical servitude and stealing all their resources. It&#8217;s an old bank trick they&#8217;ve been playing for years while we looked the other way. Now it&#8217;s our turn to get duped.</p>
<p>IMF same exact four-step program.<br />
1 Privatization &#8216;Briberization.&#8217; </p>
<p>2 IMF/World Bank capital market deregulation allows investment capital to flow in and out the &#8220;Hot Money&#8221; cycle.</p>
<p>3 Market-Based Pricing, a fancy term for raising prices on food, water and cooking gas</p>
<p>4 IMF and World Bank call their &#8220;poverty reduction strategy&#8221;: Free Trade- &#8220;The IMF riot.&#8221;</p>
<p><a href="http://www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/" rel="nofollow">http://www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/</a></p>
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		<title>By: namarama</title>
		<link>http://maxkeiser.com/2010/02/28/aigs-150-billion-bombshell/comment-page-1/#comment-92704</link>
		<dc:creator>namarama</dc:creator>
		<pubDate>Sun, 28 Feb 2010 22:01:05 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=4820#comment-92704</guid>
		<description>@hary_w:

thank you.
http://itc.blogs.com/photos/uncategorized/celebration6_3.jpg

some truth at last...

http://www.youtube.com/watch?v=okd3hLlvvLw</description>
		<content:encoded><![CDATA[<p>@hary_w:</p>
<p>thank you.<br />
<a href="http://itc.blogs.com/photos/uncategorized/celebration6_3.jpg" rel="nofollow">http://itc.blogs.com/photos/uncategorized/celebration6_3.jpg</a></p>
<p>some truth at last&#8230;</p>
<p><a href="http://www.youtube.com/watch?v=okd3hLlvvLw" rel="nofollow">http://www.youtube.com/watch?v=okd3hLlvvLw</a></p>
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