Stacy Summary: What would austerity look like in the US? This thread is also for all your off topic discussion and debate.
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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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1st
What will america look like with austerity progams?
New Orleans, Detroit, or Bahgdad, take your pick.
We should have been talking about austerity BEFORE the bailouts.
At least less annoying than under Astairity..http://www.youtube.com/watch?v=IFabjc6mFk4
The Simpsons Movie
Bunny Trailer
http://www.youtube.com/watch?v=AB7VF980cEA
..measures..
But there’s an upside to Astairity measures as well.. I see..
http://www.youtube.com/watch?v=94XNnIXe2zE
44 oz Super Big Gulps will be downsized to 39 oz. Will be called the Somewhat Big Gulp.
Average American waist size goes from 44 inches to 43.
Well, California protests over tuition increases should give a hint. But they are not even the dress rehearsal. Wait until all the federal and state workers in Sacramento learn they cannot tap into their retirement accounts. That is when it gets ugly.
Maybe heading towards Liberia’s condition…
Greg Palast’s full BBC investigative piece (in case the link has not been posted):
http://news.bbc.co.uk/2/hi/programmes/newsnight/8538889.stm
If the 20% unemployed won’t riot, then we are doomed.
http://www.youtube.com/watch?v=eyoaOke9at8.
goodnight y’all.
thnx..
It will look something like the USA of 1960′s (first half -without the Vietnam “conflict”), …1930′s pre-ubiquitous alchemical funny money and endless credit-for-crap; less cell-phone-to-ears while driving fewer SUVs, fewer fat-butt-producing phlat screen TVs and PCs, less makdonalds, pespi-coka-cola-beer bottles littering parks and roadsides, fewer mind-garbage movie theaters, fewer substance abusers, …fewer methan-producing animals raised solely for slaughter to feed the horde of morbidly obese people pushing fewer shopping carts down the junk-food aisles …fewer (to hopefully zero) f-ing wars for oil, idiotic ideologies, and as proxy force, …etc.
BTW the title read:
“How The U.S. Government Would Look Under An Austerity Budget” – Answer: like it should – slim and trim and not the glutinous cyclops war-beast criminal-racket-protection organ it has become in the past 40 years.
With some luck, fewer of the current professional political-financial class who hopefully will go away with their funny fiat money.
$7 per gallon gas and a 5 to 10% (extra) tax on all retail (not restaurant) sales of food stored in a heated, refrigerated or illuminated case at point of sale.
200% luxury tax on any luxury item over $200000. Everyone’s gotta be “austere.”
Anything new here?
Investors should buy some gold every month “forever” or look to emerging market stocks rather than US shares, Marc Faber, editor of The Gloom, Boom & Doom Report, told CNBC.
“(Gold’s) quantity cannot increase at the same rate as you can print money, which will eventually weaken the US dollar,” Faber said on Thursday in a live interview.
Here’s the rest of the story:
http://finance.yahoo.com/news/Forget-US-Stocks-Buy-Gold-cnbc-115960142.html?x=0&sec=topStories&pos=4&asset=&ccode=
America isn’t Ireland….we have the only truly Blue sea Navy….a military budget that equals a good chunk of most GDPs in the EU….it wouldn’t have to be bread line central, but it would
as to the comments of obliterating the domestic spending of America would usher in this marvelous age of Pre 60′s or more Pre 30′s America….all I will say is that comment is absent a fundamental understanding of basic American history….probably made by an upper middle class white male….most everyone else has NO desire to turn back the clock to “THE HAPPY TIMES”
my Grandmother didn’t spend the last ten years of her life blind because of Medicare and Medicaid, (there was NO WAY our working class family could have afforded the operations) and she probably lived a longer life because of those two programs to….
The pentagon budget will never be cut, mainly because no one can seem to locate it. Oh wait, I forgot, Mr. Rumsfeld did manage to cut 2 trillion dollars from defense spending, unfortunately he kept the money. It’s hard to trim black budgets.
@ my fellow ‘mericans – Heads up on a massive food recall. You’ll have to actually check food packages to find out if your processed foods contain the tainted ingredient–hydrolyzed vegetable protein or HVP– as there are no complete product recall lists yet. There is A list linked to here.
Be sure to check your cupboards and let your people know about the recall.
uh hmm @ chAs, “old boy”
where did you see any reference to:
“marvelous age of Pre 60’s or more Pre 30’s America” … “turn back the clock to “THE HAPPY TIMES””
nowhere
Austerity measures in the US might look a little like Soylent Green:
http://www.youtube.com/watch?v=SVpN312hYgU
@bilaboo,
Will never happen to the military industrial complex.
Austerity is for the working class and lower, old people on social security, people on disability that’s what austerity measures are for.
Newt Gingrich had suggested that “poor houses” would be a good option for the US elderly…..after the government has taken their house and belongings.
when i think of the early sixties, i think of segregation
when i think of the ’30′s i think of bread lines and the rise of fascism,
yes, those were the days
http://www.youtube.com/watch?v=znrjbo9QRLk
that strange line is ‘gee, our old la salle ran great’
la salle was an independent american car manufacturer, remember those?
ptah Hillarious!
Now that’s what i call green shoots!
1861.
Hey Max, please go balls out on Athens radio. Tell them that their ancestors are rolling over in their graves and that Lloyd Blankfein is going to end up owning the Acropolis. Tell them that Wall St bankers are pissing in Plato’s face. Tell them they’re pissing in Aristotle’s face. Ask them if they’re going to chug banker urine or show the world that Greece is still great.
You know what to do buddy.
@ Bliaboo
when I address other people’s comments I normally call em out by name…the comment was said and made more in a frame of mind I was in…which was a result of just driving home from a retail job, because construction in Florida died in the bubble that ever carpenter out there knew was gonna happen…listening to the only political radio allowed by Clearchannel, namely Hannity…who had on a lovely 60 something caller saying America should only fund the Health Care of solders…walking in absently flipping on the tv…watched a little of CNBC to check the markets then flipped it around only to hear Beck on TV telling me that “there is no RIGHT to education in the Constitution…and we should go back to what our Framers had intended”
well there ain’t no right to food for those I love….but if they went hungry or whithout basic care because something happened to me….than the Right to life for the few is on real shaky ground
ohhh NOW CRAMER IS ON…wonder what stocks he is gonna do the “pump and dump” move on tonight
Archie Bunker on Austerity Programs
http://www.youtube.com/watch?v=7fqCS7Y_kME&feature=related
@Mep. don’t believe everything you read. just saying.
@ naomi
probably, unfortunately you are correct, however
time for the military industrial complex to collapse and put what wealth and resources the US may have remaining towards the “lower economic classes”, elderly, and others
without the previous industrial base the US had -the military-machine is (currently) unsustainable, this with a collapse of the economic system – may force the willing blind to open their eyes and see where it has taken the USA (and the world) and put an end to it
Who are the actual “crazy” people in American politics?
http://tinyurl.com/yc7fybe
Santelli on Predatory Lending: ‘You can’t cheat an honest man’
Coffee Party wakes up US radicals
http://tinyurl.com/yejd7ta
Six Other Beverage-Based Political Parties That Should Exist
http://tinyurl.com/yabqela
@ the underfundedmentalist
I remember the good old days when America was meant to laugh at Archie as a quaint man with beliefs we as a society were slowly trying to move away from….wasn’t an Evil man (America can never address some of it’s actions as fundamentally and morally wrong)…but Now we get a a former top 40 disk jockey ranting cold stone sober with the nonsense that old Archie had to be three sheets in the wind to utter
here is Uncle Joe’s comments
I wish Stacy and Max would have him on…to try to explain why working class white folks vote against their interests
http://www.joebageant.com/joe/2010/03/moon-over.html
oh yea Cramer is hyping Apple….
Opps
Santelli on Predatory Lending: ‘You can’t cheat an honest man’
http://tinyurl.com/yb4p5mp
Only in California
Cheese Thief Jailed for 7 Years in California
http://thelede.blogs.nytimes.com/2010/03/03/cheese-thief-jailed-for-7-years-in-california/
Wall Street financial terrorists might be walking out the doors with trillions of dollars but if they steal a $3.99 bag of cheese we have jail cells ready for them in California. The prosecutor wanted to jail the man for 11 years but the judge did him a favor and sentenced him to only 7 years and 8 months.
Expect a whole lot less retail. A lot more previously owned (used) stores will open. The glut of mostly poor quality Chinese goods will not be available, we won’t be able to afford them. (they now have a monopoly in most segments) People will be more inclined to repair what they have instead of buying new. Big issue with car computer repairs and electronic repairs; they are now very difficult to perform with surface mount technology, repair is almost impossible. There may be a move to buy stuff that can be upgraded and fixed, older electronics with what we call discrete components. (pull out a transistor and replace it) Housing won’t be an issue, lots of commercial will convert over to residential. Farming will become more important, we all have to eat. Industrial farming will start poisoning people and a move “back to the land” will have to happen to put people to work. Where’s my hoe? No Max not that kind.
Rome had bread and circuses. The U.S. better have unending unemployment insurance or riots will follow.
The Fed has to go, the conflict of interest between the banks who own the FED, and received bailouts is too obvious to go on forever.
Like Brazil. Or like the ex USSR but in much worse ! Civil war and class war is coming in the USA. Obama is perfect for the job. YES WE CAN ! The bastards never said for what. Austerity will look a lot like the civil war or banana republic.
It will ressemble a lot like Augusto Pinochet. Obama is advised by the same bastard that advised Augusto Pinochet; the war criminal Henry Kissinger.
@Y’All
uhm… (Wi)zardoz Speaks… really reminds me of some of Y’ALL!!!
http://www.youtube.com/watch?v=YOROvO2fxTc
@ chArles
sorry to hear of your job situation -carpentry to me is a profession -more noble than say some political “professions” and such (people who actually create as opposed to destroy)
my comment had nothing to do with coming “austerity” being good times revisited – but that there may be some or even only a few benefits to be found
also – a perhaps a small lesson from those times -is that people survived with much less (maybe even thrived somewhat more than now) -and no way would i wish that people lose such benefits as medicare, medicade, etc.
btw – friendly and only advice – ditch that line up of “talking heads” – they’re selling a lot of garbage people don’t need (and probably ain’t good for the blood pressure anyway)
@Y’all
I was thinking of beyond soylent green and ol’ Charleston Heston… yeah, us’ers could end up more (Wi) zardoz… a little bit 70′s hippy trippy but still a fun film!!!
Zardoz – Trailer.
http://www.youtube.com/watch?v=kbGVIdA3dx0
civil unrest is written into imf austerity measures, it is not an accident,
‘The bank, with the IMF, had directed this 80 percent increase in the price of domestic fuel, knowing this could set the nation ablaze. It’s as if the riots were scheduled right into the plan.
And they were. That’s according to one of the only inside sources I can name — Joseph Stiglitz, former chief economist of the World Bank. “We called them the IMF riots.” The riots as well as the response were programmed, the latter referred to euphemistically as ‘resolve’ — the police, the tanks, the crackdown.’
Greg Palast
http://www.gregpalast.com/sell-the-lexus-burn-the-olive-treernglobalization-and-its-discontents/
austerity
plastic dollar bills
Canada’s currency bank notes to change from paper to plastic
lasts longer, saves money …
http://www.theglobeandmail.com/blogs/bureau-blog/open-your-wallets-for-plastic-cash/article1489845/
@ ronron – food recalls never help the bottom line of companies . . . especially when the problem ingredient is in thousands of different food products and presumably ALL food brands. this recall isn’t helping anybody, and will likely get bigger.
@ Bliaboo
thanks….and no problems…it’s amazing…I do wish we would try to live a much simpler life….I remember my family planting about a half an acre a year (both front and back yards of the house we were renting) and canning as a way of life to live off of during the winter…and a freezer full of deer and boar from neighbors who hunted regularly….those days are gone….I just would be fretful if and when this little house of cards comes fully down…as to my viewing habits/listening habits….I run into people daily spouting certain talking points and I think it is important to understand what a large segment of those who are politically engaged are listening to.
I’m an Omnivore in my intake of political/economic/social thoughts
but still have no clue who Zardoz was until SG posted it…and still a little baffled
@ gonzomarx – I like the idea of the Coffee Party. Wonder if the people who founded it knew that in 1777, there was a women’s counterpart to the Boston Tea Party called the “Coffee Party”?
@ Mep
tell Alex Jones that…he thinks he coined the phrase
@Mep. i did not see one brand recalled in that report. if it was that serious names would be named.
@ Mep
“1777, there was a women’s counterpart to the Boston Tea Party called the “Coffee Party””
first “boycott” (of British made products) in USA history was done by women during the “revolutionary war”
@ charles – AJ thinks he coined “the coffee party”? LMAO!
@ ronron – if you looked at the recall link, Trader Joes and a few other names were listed. But whatever. I’m not going to get into a freaking argument about a food recall of all things!
@Mep. ya cool.
@mep
Turning poison into profit.
Another free-market miracle!
Like Detroit but even more meth labs.
@ Bliaboo – Daughters of Liberty, right? They boycotted British goods and persuaded other women to make their own clothing and buy only American-made products?
Maybe if the college students successfully rise up, women will rise up next.
@ underfunded – Indeed, subprime goods of all sorts are really a free-market miracle.
@Underfunded. you didn’t buy a fucking guitar did ya?
Don’t worry about Financial Fraud ….
… worry about this :
http://www.thehorizonproject.com/earthquakes.cfm
PS:
As I said … gravitational pull increases as we cross the galactic axis.
hahaha. Podunk news gets more hits than bloomberg on utube.
@ronron
I bought my bass guitar long before the meltdown.
http://captiverock.com/
don’t worry, I’m still looking for a day job.
Today, the Daughters of Liberty would be called “anti-capitalists,” “communists,” “socialists,” and “Marxists”.
if we could as a society try to unit the workers and college students…maybe we could actually mount a serious challenge to upcoming SH!@#$Fest we are running headlong into…only problem Summer vacation is coming up pretty soon so the college kids will ditch the revolution like they did in 68…then the intellectual community will hide in meaningless tripe for another 30 to 40 years…(referencing the rise of Post-structuralism and Deconstruction in the academia supplanting Marxism) leaving workers to twist in the wind for 40 years stewing in misery as Marx was relegated to critical analysis of Jane Austin Novels…
@Underfunded. can always use a bass player.
@Phil,….”As I said … gravitational pull increases as we cross the galactic axis.”
Is that code for HARRP?
http://www.youtube.com/watch?v=MDmZNhfoZeY&feature=fvw
; )
my friend can explain a lot. http://www.youtube.com/watch?v=A9Pj3KpRt6I
Ever seen Soylent Green?
Thats what I forsee for us Amerikans, unfortunate enough to not be so(y)lvent.
For those who haven’t seen it, (lately) may I present this classic in its entirety…
http://video.google.com/videoplay?docid=1296155071179146825#
Edward G Robinson’s last I believe.
Jibber Jabber – Greece, Bond
Greece’s 10-year bond offering is oversubscribed
http://www.marketwatch.com/story/greece-plans-10-year-bond-issue-in-near-future-2010-03-04
” The bond offering opened and closed in two hours and attracted 15.5 billion euros ($21.2 billion) in bids, a government source told MarketWatch. The figure was well above the 5 billion euros Greece planned to raise.”
Who buys Greek 10 year bonds for 15.5 Milliard Euro within 2 hours of sale?
tacit bailout at work perhaps? bankers transferring money on behalf of government? or hedge funds at work again?
well at least if americans run out of money and cant afford as much food they might lose some weight and as a result use less fuel in their cars and could spend less on smaller size clothes, this would also mean they would need less anti-obesity and fat related medication, just think of all the knock on benefits!
Which story is driving you more crazy?The killer whale in the kiddie pool at Seaworld chomping on folks or the supervised children of an airline employee endangering airline passengers. (I guess airports don’t have a take your kids to work day!)
Daily Iran is threatening Israel that it will blow them off the face of the earth. http://www.memri.org/report/en/0/0/0/0/0/0/3997.htm
I guess it doesn’t make the news because it would only take two atom bombs to level them. Then Israel would just be another vacant lot for Walmart to move into. Think of the parking space, people.
Did you hear that Congress declared Armenians victims of Turkish genocide. That blind-sided me. What do you think is up with that? I think that the Turks are tired American army bases and they want to kick ‘em out
NOW THE DEAD MUST PAY COUNCIL TAX
Feb. 22nd, 2010
…GORDON Brown will clobber the elderly with a savage pay-as-you-die tax bombshell that could force people to give up their home on their death, it can be revealed today.
Millions of householders will be encouraged to sign away their estate to foot the bill for soaring council tax demands.
Under the scheme ratepayers can defer inflation-busting council tax payments until they die.
Town hall chiefs will then be able claw back the cash, with interest, from the value of their estate. Over 20 years, for a couple with a typical home, that could amount to more than £73,000.
For those also facing Inheritance Tax and Labour’s proposed death tax to fund its planned National Care Service, the levy could almost wipe out any inheritance parents were hoping to leave their children….
http://www.dailyexpress.co.uk/posts/view/159716/Now-the-dead-must-pay-council-tax
Must have missed that one … Govts. are inventive in ways to rob you !
@ ronron
thanks for the song…here is one in return
http://www.youtube.com/watch?v=uSHzODm-Ik8&feature=related
I really should start drinking
@Ray in Vancouver
We’re planning to move to Vancouver in a few months. Is there talk of a housing bubble there?
Freak 8 meter wave today in Mediterranean .. killed 2 people on big cruise ship …
Freak Wave Kills Two on Mediterranean Cruise
http://www.pattayadailynews.com/en/2010/03/04/freak-wave-kills-two-on-mediterranean-cruise/
@chaRles. from my personal collection. http://www.youtube.com/watch?v=OmY8uSlrsO0
“With no other globally linked organization available, the I.M.F. is the only one able to provide an alternative to the $ through the S.D.R.. A “basket of currencies” is the only sound way to counter the flaws in the $ at present hence the push towards the S.D.R. The value of S.D.R.’s are based on a ‘basket of currencies’, shielding them from swings in any single currency [we foresee the Pound being dropped and the Yuan taking a major role in the basket as the U.S. $ portion is considerably reduced over time]. One SDR is currently valued at $1.54. China is proposing the basket be broadened. The current weighting is: 44% for the U.S. $, 34% for the € and 11% each for the Yen and the Pound Sterling. It doesn’t include the Yuan, yet. Neither does it include gold! The four currencies in the SDR, which must be convertible, are those issued by Fund members with the largest share of global trade. The weights assigned by the I.M.F. are based on the value of exports and the amount of reserves denominated in those currencies. The composition of the basket is reviewed every five years. The next review is due in 2010. We fully expect the Yuan to become a major constituent of this basket [20%+?]. Before then, it has to make the Yuan available freely for international trade at least. As the Chinese are already pressing for a change the implication is that they will be ready and happy to see this happen by then. 2009 and 2010 will therefore prove to be watershed years in the world’s monetary system. This has to mean a rising degree of currency volatility this year through next.”
http://www.gold-eagle.com/editorials_08/phillips071009.html
A New Monetary System to come.
Will Gold Have a Role?
10 July 2009
@chaRles. richard was dead robbie quit an this was levon and rick with the kate brothers.. thanks for posting that.
charles, ronron
have a beer and enjoy sugarloaf’s green eyed lady
http://www.youtube.com/watch?v=Xc1PHk9FhIk
now that’s a bass line!
just when your having fun the teacher catches ya. hi @Snoot.
for snoot. http://www.youtube.com/watch?v=QwOU3bnuU0k
What would austerity look like in the US?
Just like Russia in 90s, maybe??
thanks ronron…I forget who came in and out of the Band…
my friend just recently introduced me to Watermelon Slim….great guy and good solid modern blues (more Kansas City style then Delta but with a little of Austin flavor ala Stevie Ray Vahn)
hard to find his stuff on-line…but here is good ole boy from Florida Paul Thorn….song always puts a smile on my face
http://www.youtube.com/watch?v=sb0ES22c3lo&feature=related
@Ingrid – Yeah the Turks are pissed at Americans right now I read. I haven’t got a clue why US had to make that decision in of all things the Congress . . . let the historians decide and keep politicians out, it is soon a century old case. Though America needs to have enemies, let’s see how this thing goes.
Re: Iran thing – end the Israel regime as the Americans want to end the Iranian regime… I don’t think they mean killing of the entire population.
@ charles – Agree w/ uniting workers and college students. I was excited last month when Native Americans protested alongside the students @ Berkeley. The coalition that came together for WTO Seattle 1999 is actually the coalition I’d like to see all come together again: labor, students, environmentalists, social justice groups, and minorities of all stripes. I disagree a little bit on post-structuralism, only because I think that Subcomandante Marcos and the Zapitistas down in Mexico have proven that such an approach could actually work.
@Andrew2009
You got that food thing wrong.
The food that is making Americans so fat is the cheep food, and when they now got little to almost no money left it is definitely only cheep food they can afford to eat… they are not going to lose weight that way.
@Y’ALL
Some more Alvin Lee going nuts
http://www.youtube.com/watch?v=GMDPWqyFEyw&feature=related
get back here snoot your our momma. http://www.youtube.com/watch?v=t3ncWFB8LJo
@ Palantíri – What if we eat all of our meals @ McDonalds and order the Weight Watchers approved items? Ya think we’ll lose weight that way?!
@ Mep
I agree with the trying to re-cobble together the anti globalization coalition of Seattle….Workers, Students, Environmentalist should have a natural allegiance with one another (unfortunately in America Biddness and dominate establishment politics have been pretty successful in driving cultural divides between Workers (mainly white male workers) and about ever other mainstay of Lefty politics…I personally blame a lot of this on the rise of identity politics but have to concede to arguments by people like Tim Wise…who state that my particular race, gender and orientations brethren try to play the game to their strengths and near-sighted bigotry)
as to my comments against Post-Structuralism….my concern here was after the defeat in 68 in Paris a lot of the intellectual energy gotshifted away from a radical critique of the existing economic/political and social problems and into more “SAFE”…as people ran into trying to prove the instability of text because of the nature of language a lot of the intellects claim they were upsetting the apple cart and were truly challenging the system…but they were playing language games amongst themselves (mainly speaking of the new French intelligentsia i.e. Derrida, Foucault, Barthes, Lyatord, Bauldiraild and this imported into the domestic American academia with Paul De Mann) I think a lot of intellectual energy was tied up into fruitless pursuits
maybe I’m just mad that Marx became the bastard child in Academia again…after a mini resurgence brought about by the new Left and the Frankfurter school in the 50′s and 60′s)
as to your referencing Marcos, independent localized guerrilla resistant against hegemony is the only approach that seems effective…just do not know if the beast can die from a million pin pricks though
Sorry ladies but this one is for the guys LOL
http://www.bizreport.com/2008/12/parachute_jumping_topless_women_-_the_best_commercial_ever_m.html
filing in for ta dj Bonn. http://www.youtube.com/watch?v=lZIi188Cakk
http://www.youtube.com/watch?v=tunvwCvu2NY
U.S. lawmakers launch push to repeal NAFTA
http://ca.news.yahoo.com/s/reuters/100304/n_top_news/cnews_us_usa_congress_nafta
@Mep – lol
gonna be a fat man in the bathtub with the blues. http://www.youtube.com/watch?v=VDp3Grz28mE
I think a lot of intellectual energy was tied up into fruitless pursuits
@chARlyOvertheWatER:
What would you declare to be a ‘fruitful pursuit’?
@Palantiri
I wish I could share your optimism. Ahmadinegad belongs to a radical Islamic sect. The sect beleives that the coming of the 10th Iman will only happen if there is WWIII. During that time the Iman will be revealed to them. I found this interesting article on Press TV
http://www.presstv.com/detail.aspx?id=119731§ionid=351020101
In terms of Turkey, on Press TV they actually reported what the US did to Turkey, three days ago. It was reported on CNN today. Interesting, isn’t it?
Music is a universal language.
The Muppet Show: The Electric Mayhem – “America”
http://www.youtube.com/watch?v=_hr-kModYtY&feature=PlayList&p=6F25292FEC56AEEA&index=5
@Snoot. driving around. eating out. putting you mother in an old folks home. forgetting what family is. all the important shit.
@Snoot. family and friends are important. people are putting there parents in jail.
in the 50′s it was unheard of to not take granny in and love her.
I’ve pursued happiness long enough, maybe I should try sneaking up on it.
i’ll tell you something for nothing. this branding of children as gifted or stupid is bullshit.
my brother lives with my mother and takes care of her needs. she is on her last legs but we 5 will comfert her till the end. used to be 6. mike died last year. fuck wake up.
@ronron:
Intellectual pursuits can’t always be clarified thusly. But one can’t say that they aren’t fruitful: indeed, they represent the fruit of a succession of humanistic endeavour.
People that classify theorists are often afraid to dialogue openly: they prefer dogmatic assertion and force over free discourse.
They fling mud at the structure of free thought: declaring the habitation unfit for dwelling. And yet the alternative is always some utopian idealism stroking the phallus of representational narrative.
@Snoot. sorry for mouthing off. bye y’all
take care of your mom yous fucks.
@ frances snoot
I fundamentally believe that the academic/intellectual Left in America and over on the continent GAVE UP in trying to directly challenge the dominant economic and political narrative (namely Neo-Liberalism)….after 68 in Europe and 69 (after the assassinations of MLK and Robert Kennedy) they ran kicking and screaming into the safe confines of Academia where they were rewarded with tenure so long as they didn’t directly challenge the existing order…so they spent their intellectual energies transcribing inconsistency in texts, showing their inherant instability and so forth…when challenged by the old line Marxist they would huff and puff and say that they were upsetting hierarchies and some nonsense…but if you look at Foucault s projection of the nature of Power it is this omnipresent web in which all are “complicit” in its functioning…(true to a degree) but some one is getting more F$R$ed than others by the power distribution system currently operating that forever remained outside his “Gaze”
the Left wussed out…they thought if they just through a hissy fit in the streets of Paris or seize Columbia that magically all the bad aspects of our society would go away…when it didn’t materialize they ran away and started punching a clock for their mortgage payments and decent benefit packages and promised not to be to vocal in their criticism.
Same thing happened to all those Seattle folks, they are in their mid thirties now, some are still organizing and agitating but most got out because it is JUST TO MUCH WORK…to constantly man the barricades
now that the system ran into the rocks…that Fukyama was wrong history hasn’t ended and Neo-Liberalism isn’t magic….TINA (There Is No alternative) is still dominant because none of the hard work that needed to be done by the intelligentsia has been done….I don’t know if you have noticed but what passes for intelligent debate and reasoned discourse here in the States is some guy screaming Marxism at a Corporatist President…that can take root in this land of ignorance because the intellectual Left checked out a long time ago
i’m fucking sick of the phone generation blaming 58 year old people with nothing. fuck off. i got fucking nothing and paid for 2 top notch educations.
@Palantiri
Sorry I meant the 12th Iman
http://www.globalsecurity.org/military/intro/islam-ithna-ashari.htm
You can google 12ers as well for more info on Ahmadinejad’s Islamic Sect
i had nothing growing up and you fucks got it all. we played with card board boxes. ya us boomers raised you. fucking boomers. fuck you.
really sick of the young trashing there parents.
the next time i hear you fucks blame a boomer i leave this site.
uhmmm ronron…I almost your age
no more fucking pony story’s. the truth is in the 50′s you got a pony. in the 70′s you got a car. in the 2000′s you got an education. wake the fuck up.
@ ronron let’s t
let’s take a drag and pass it around and call it a night
http://www.youtube.com/watch?v=v8BBipmqKxg
Austerity in the US…
-Civil unrest when gas gets really expensive, and there is not nearly enough public or private law enforcement. (Has anyone noticed that police and sheriffs’ departments are being “downsized”? ) Also, when people discover their kids will go hungry. The poor have been living with this for years, but the former middle class will get pissed off.
-High death rates among the fragile elderly and sick. No more treatments like dialysis for any but the extremely wealthy. All the medical infrastructure is predicated on cheap oil. Think of all the plastics use in hospitals today. Two Beers With Steve had a good podcast on the subject.
Just two of the thoughts I had on the subject.
@chArles. i’m sorry. your good i’m sure. i can’t deal with fucks anymore.
you ask @Snoot. there is no respect. fuck this. we work for fuck all.
why the fuck would snoot tell you something for nothing?
people don’t even care about there mother. fuck you
@ all;
Someone mentioned a week or so ago that they have renamed ASPARTAME.
Could you please re-post the link??? Thanks in advance.
The only mistake I could see in Steve Keens estimation of the Ozzie housing market ,was that he never fore-saw the Gov stimulas ( first home owners grant ) or as he put it the Vendor contribution.
Cheers
Ronron – R U Wasted?
“so long as they didn’t directly challenge the existing order”
Foucault wrote much about the social order: challenging it with sublime textuality. Derrida’s genius combined irony with semiotic theory. Derrida challenged the reliance on the originary of the present in understanding the signification of the sign. All three definately brought to the fore the backwash of stale thought that undergirded the structure of modern society: the poststructuralist noticed that voice was not an annex of power but the lost representation of an ordered matrix where other was minimalized to define the regimentation of WE. Voice could not be coupled with origin and authority for it maintained difference within the changeablity of nature: voice as change defines science itself.
Why were the post-structuralists maintained as the change agent within their literary community? The men studied language. The necessity-driven discourse of today is an authoritarian mix-mash hardly bearing any resemblance to discourse. Arguments are grunted with a referral to the proximity of the bogey-of-the-moment. The drive to profit a mouth which remains open, always gaping, never satiated.
The arguments base their impetus upon the present as omnipotent standard-bearer of some vessel in which light has not maintained entrance nor exit: a black hole lacking imagination and clarity. Yet onward the force proceeds defying logic and preferring to lead people according to human base desire and instinctual affections.
They lead the people to their deaths. Of this you conjure rectitude?
typo: Barthes semiotic theory
@Snoot. thanks but who fucking cares. no one. i will always remember you. when the spring comes you will never hear from ronron again. equinox
@ snoot
I do not think I am engaged in phallic stroking…nor do I wish to see nice compact linear narratives…(I’m an anti-foundationalist) I have great sympathy for some of deconstruction and post-structuralism…but I think my critique of it’s origins are valid…one can pursue beauty for its own sake…and the pursuit of beauty is what one is seeking when they try to grapple with a greater understanding of the world…but to not enter into the arena, not to engage in the public square, to abandon your post for your own selfish pursuits or worst fear of defeat is what I believe happened to the Left in the world
one of my favorite essays by one of my favorite philosophers (despite Rorty is fundamentally wrong about Chomsky)
http://www.philosophy.uncc.edu/mleldrid/cmt/rrtwo.html
one must try to balance their loves with their duty…the left gave up, and now the multitude are without a voice or language to articulate their suffering (yes I recognize the elitism in that statement, don’t make it wrong, the many got systematically F*()*ed and have no clue who did it or how they did it)
@ronron:
Are you moving to Poland?
@ingrid. my mother will be with her family until her death, is that wasted?
one must try to balance their loves with their duty
Are you a boyscout?
@Snoot you know me. when i’m drinking don’t fuck around cuz i know.
Because what I’ve noticed is the people in the public square have annointed themselves with sanctimony and rectitude while pursuing an agenda which is wholly self-centered and reflective of some ordered agenda financed by men who give boys duties.
Plato’s little world.
any uses fucks gonna see your mom through?
@ frances snoot
nope…Cub Scout.
no cuz your fucks
big fucks here. how’s your mom.
@Charles:
You did a good deed: great link!!!
Good Lord! They did throw rocks at the poor man, Charlie!
ronron, hang in there. For some reason it really seems alot of folks are getting really nervy lately. Folks are starting to feel I suppose that the noose is feeling tighter.
@ronron mc-dondon: “the next time i hear you fucks blame a boomer i leave this site.”
You boomers are the worst, hurry up and kick that bucket so we can use your bloated and worthless corpses for archery practice.
I think ronron passed out
@Snoot. yes some black and fucking white. ya. well snoot whats next.
tofu, I think your thinking like all next generation people do. Move over old man. Its our time. The normal progression fo our kind.
But leave us a big inheritance.
@Snoot ronron passed out? no sick and tired.
@Tofu. guess what you punks can have it. eat your mother.
“Because what I’ve noticed is the people in the public square have annointed themselves with sanctimony and rectitude while pursuing an agenda which is wholly self-centered and reflective of some ordered agenda financed by men who give boys duties.”
uhmmm if you are arguing that you wish to remain pure so wish not to engage in the public square where the dominance of Egoism lurk…that too is an engagement in sanctimony and rectitude while pursuing an agenda which is wholly self-centered…
“reflective of some ordered agenda financed by men who give boys duties.”
I don’t sweat my phallus, because I was born in the dominate role in society so I can chose to ignore this continued hammering on entry level Feminist theory….and ratcheting up the intellect doesn’t change the validity of my point which remains intact…as you have argued one ad hominien after another
@Snoot. good joke. ronron passed out. i know you better daily.
ok. you win bye y’all
@Charles:
You Chose to dress yourself in the ‘adhominen’ which I merely pasted onto my post for reference. As for phallisus: well, it takes one to know one.
@ronron:
I forgot the smiley face.
There. mummy says all better.
@Snoot you got your parents money yet or you still gotta be nice to them?
@charley:
I feel we should step aside and let the mess be orchestrated by the passionate. Seeing as I do not presume passion over pretense, I decline my advantage within the ‘social ordering’ called society. But I do follow rules and try to make the general ambience one of happy daisy songs and hope.
Yes. HOPE. That is so important as a selling point for any campaign. But why does hope disappoint?
this late crowd are losers. fuck you
@ronron:
My parents passed a long while ago, ronron.
@ronron — If I simulate respect will you give me some money?
never again will i lower myself.
nice story. good luck.
i will never speak to any of you again.
@ronron — this is typical of a boomers approach to conflict-resolution.
@Tofu:
Can Hooters be Boomers?
@Charlie:
Here’s someone doing ‘their duty’ in the public venue!!!
http://www.myspaceantics.com//images/myspace-graphics/funny-pictures/hooters-protest.jpg
@frances — um, surely? As long as they act like overgrown babies
no really. fuck you. you’ll see who’s your daddy.
@ frances snoot
not picking a fight here with you snoot…my entire point was the nature of what exactly happened to the intellectual left….that was not ever addressed fully….a passing mention that Foucault addressed “social orders” well he didn’t sorry…look all you want to it ain’t there….he failed to address the central issue of his time, (the dominance of Neo-Liberalism) he avoided it…he was too busy being uber hip…all dolled up Foucault was a hack who lifted from Marx and Nietz….Derrida you may have more of a leg to stand on, but it wasn’t until Fukeyama’s vision was cemented into the landscape that he came to the party….better late than never…after 68 those boy’s ran.
saying that the left engaged in counting angels on the head of a pin and not being critically engaged…is not an ad homienien….that’s my criticism…the swipe that they did it for the money and prestige…maybe but not entirely that is a legitimate ascribing of motives based on what empirical evidence is present…the cheap shot that Foucault was to busy being uber cool…that is an attack against the man (but not the most basest one I could make against him)
my criticism of your ad homineins was a post in which I believed you ascribed motives to my criticism of that I was afraid on non linear interpretations and ascribed this failing to some form of phallus centric thinking….I found that cheap…and well aware of the post feminist work thar spawned it…but sorry there ain’t no (double negative…its cool to be southern) phallic centric thinking…it is the nature of our language….SOV….subject object verb…things acting on other things…and since evolutionary language theory believes arose out a way to free up our hands, it is more likely language first arose in females primarily (child rearing needs, holding children and still engaging in work) so if its logical make up is biased (which it has to be) blame the female of the species
and with that nighty night
i think i will see the fucking overgrown babies and they will be you.
all you fucking punks have no idea. gonna be fun to watch you sucks.
@ronron –
When you hear your inner voice,
forget it.
(Hyoen Sahn)
2
@tofu. when you hear ronron. listen
@ronron –
Nobly, the great priest
deposits his daily stool
in bleak winter fields
(Buson)
anyway said stuff for nothing. you guys are really smart. hahaha good luck. you won’t need luck because you know it all.
Countess Ayn Odessa d’la Snoootee’ Rand.: correction on Semiotic theory…Charles Pierce & Walker Percy.
No Pierce : no William James, noi Santayana, no Dewey & a host of other “your type” pretenders…Max like’s them too…but he’s never read them. Max likes chique…Stacey like Max….and so it goes(disappears)…thank gods
You believe the world keels on legalisms…Max on electricity. Both, tradegically modern….
Modernity is highly correlated to monotonous & mundane….and a mundo of moooches.
@tofu. good luck. sometimes it’s good to be a nitwit. with you it’s all the time so you should be alright.
Err tey already on austerity measures Stacy were ya mentaly and physically present in ta last interview with David ROFL
Hic
tey like to give billions ta millionares
& trillions ta billionares
Hic
and big snoot making a fool of ronron. hahaha. to bad.
@chARly
So, what?! Foucault should have strapped a bomb to his chest? Are you waiting for a revolution? You find disappointment in inaction: but what action makes rational the world?
And Barthes forwarded the idea that the middle voice should be reintroduced within discourse because he believed that language itself was objectifying thought through the transitive application. I find that fascinating: Faulkner played with the idea in his story Absalom Absalom with Supten’s Hundred ( where he uses the middle voice context ‘be light’ in the creation of the Supten dynasty).
It’s not so tidy that one can sweep up and say: that action was not action.
A tapestry is made of warp and weft. Who is to say which, action or inaction, binds the storied landscape to the frame?
@Bonn. these fuckers think there smart. the usual suspects. gotta go to bed.
@ ronron
No fucker is smart tey just got access to info which we dont have tats it
Hic
@Bonn. the fuckers made a fool of ronron. even snoot.
& G’nite
Y a keep a tight Ship health wise only 6 hrs sleep Good on ya mate been noticin
Hic
Aaah let mees check
Hic
@Jim:
Your preponderous portitude relies upon that which you abhore: an education. I do not have the length nor breadth of your vast scroll of literary heros: BUT I ASSUREDLY DETEST AYN RAND.
@Bonn you find out who your friends are sooner or later.
dear countess..your womb & all about it are dessicated….play panned planned parenthood & pass on…you now know that you are no longer viable in any term(or terminology…or geometry…past proposition)…you know, you no longer pass grammar
Class dispactched..class dismissed..
Countess.what about Pierce & Percy…you pretend more than Madonna…..Lady Gooog, Gooog.
@Bonn. what the fuck are you up at this time for?
Fundementally the future of USA will a lot like godamn NazI Germany. Your country is runned by godamnd satanic Nazis. Read the fuckin cyber security bill god dammit ! Godamn Nazi USA ! You better profit from the couple of months of freedom. Barthes, Derrida or Foucault will be of no use with your godamn Nazis. That’s what this law is all about. Read the law. It’s fuckin scary.
http://www.lunarplanner.com/siderealastrology.html
Like Max & his Hoe…every one here..is a cheap, empty suit…..homeless, hapless sharecropper…both Jim Crow & Crow Jim…a tenant in a bad spectacle….lacking any testicle.
@M/A. and tofu and the followers blame me there fucking dad.
@Jim:
Only you could begat such cryptic goo: you delight to congratulate your mysterious literary tremors upon that which provokes religious nuance. Unfortunately, its a generic trait among males to associate the feminine with water. A hope, a chance remembrance, a NEED to find once again their watery home where the poor dears felt safe and secure from their own ineptitude.
Marc Authier…is the evidence of the disgraceful, disgusting degeneration of the Fairfax County “metier”….Langely call home.
Francis…clearly….English is more foe than friend.
I wondered why 1000′s of people were looking at my rant. I finally tracked it down to you. (I am angry truthcracker)
Max inspired me to speak my mind. I am very, very Angry. You guys a couple? Sometimes I hear you call each other cute names. Shame. But you couldn’t do better. Max is the man. I’m good. He’s better. I think he’s my hero along side Ron Paul and that’s pretty much it.
Thanks
@Jim. your right. bunch of bullshitters. large words no meaning. fucking posers.
@ronron — look back at all you’ve contributed to this thread… now ask yourself why people don’t like boomers and the boomerish…
Francis…you beg for a “mind-maid”…You. like Maxie Platform…have somebody help me out now(nous).
Plato had the same Scream…and so did many others… Help is code for Human.
if anyone ever patronizes me again i’m gonna fucking snap. i know you fuckers but i gave you a break. fuck off.
@Tofu. your a pimple. that’s it
We are ALONE…that is our Grace…that is our GIFT……you convert it into Sociology……now, we are DISGRACED….We are YOU.
and being patronized by the likes of you. not fucking likely. good luck son.
@ronron — I wish I could email you some benzos and a joint… you’re stressed out, big guy! This is just the jungle-gym, remember?
you fuckers are on your own. good luck.
@Tofu. the lack of respect you own is horrible. keep it.
@goodnight
From frolic
from pain
I now
refrain.
And Jim!
To buzz
About the window’s
lightning glance
I leave.
Perchance
He finds
that which
comforts a weary
mind.
Lost perhaps
On a journey
with frail aim:
A little ambition.
Yet cheerfully
Fixates folly
In trebles
Upon the lattice.
and @Tofu. you take the fucking pills. i can’t use them.
Ron Ron..your PERSONALITY, SPIRIT, SOUL,…ALL COME FROM THE SAME PLACE….. you are Polish….they do not know…that in the worst of worst of worlds…you don’t want to own REAL ESTATE….between, Russians & P[RUSSIANS}.
Forgive us, oh Lord ,our Sins…condemn us forever…for our our scientific mistakes. AMEN.
Einstein…you cheap plagariazing Jew…Go…F…yourself..
posers are posers.
@Jim. do not put words in my mouth.
Francis…you , like all…are aggrresively PATHETIC.
Sooon: Poste Haste…Go SNOOT YOURSELF!!!!!!
Ron, Ron….OK…put words in your mouth…and those of your children…& those of your PARENTS…FU….another liar:like Max: preying on fellah LIARS…suck good cover…bettter than a UNIVERSAL BLANKIE.
@Jim. with that i hope we talk again.
Ron Ron…we are all the same…just differently coached…our shame not theirs’.
@Jim. i hope we speak again.
RAPE. Enjoy your freedom while it last. Orwellian nigthmare.
http://yro.slashdot.org/article.pl?sid=09/04/03/1637203
@M/A. get the cabin ready below orford.
Ron Ron….I guanrantee it. GOD BLESS & GOOD NITE.
@Jim. you as well
@Ronron
Nope. Deep deep deep in the forest and the swamps. Abitibi or Labrador. Never to the south. Orford too close to United Sachs.
@M/A. the equinox awaits us. i’m glad for that. nite my friend.
Ron Ron & Y’ALL…I’ve know abou these NORMANS for more than a 1000′s yrs….they are cheap: lyin’, stealin PIRATES FOREVEWR…get with the PROGRAM.
Jews love “liften” Norman Pirates…after all…they come from the “south of Spain.”.. nor Philo..a Greek Whore before that Manichen Augiustine ……nor Mainmidieos…that Ottoman..cheap Aristeoltean tart.
They got “ya…because they catch’a …that’s what’ Hollywood …is ’bout.
I am reading a few of these comments and I must ask a question: What in the name of all that is holy? I leave for a few weeks, come back, and it’s like a kindergarten in here.
My gosh.
Some of you need to fuck off.
The good ones can stay.
Joe R. in Vancouvar.
A look in the future from Ron Paul. This guy is about the only one that got it right about the USA and what is coming up. I am surprised the CIA hasn’t killed him yet. Courageous man to confront the incarnation in flesh and blood of what I really consider the closest to Satan. Yeah Satan exists and he works for this organization. Enough religion. Here is your future you United Slaves of America citizens.
http://rawstory.com/2010/01/ron-paul-cia/
I like the word. “We have to take out the CIA.”
” There’s been a coup, have you heard? It’s the CIA coup. The CIA runs everything, they run the military. They’re the ones who are over there lobbing missiles and bombs on countries. … And of course the CIA is every bit as secretive as the Federal Reserve. … And yet think of the harm they have done since they were established [after] World War II. They are a government unto themselves. They’re in businesses, in drug businesses, they take out dictators … We need to take out the CIA.” Ron Paul
Do ordinary Americans have a future with these sun of bitches ? I doubt it. These bastards run everything NOW and in the future intend RUNNING everything, the internet included. NO FUTURE.
Greece ? Swaps everywhere. France Italy Spain.
http://boombustblog.com/Reggie-Middleton/1331-Smoking-Swap-Guns-Are-Beginning-to-Litter-EuroLand-Sovereign-Debt-Buyer-Beware.html
Austerity everywhere. Not just the USA.
As always the sound of the blood sucking vampire squidd. Ron Paul should also suggest taking out Goldman Sachs.
Spy chips hidden in 2.5 million dustbins http://www.dailymail.co.uk/news/article-1255565/Spy-chips-hidden-2-5-million-dustbins-council-snoopers-plan-pay-throw-tax.html
Max… are you Marc…TOO!!
When money becomes god, nothing is sacred.
Austerity?
Wages have been stagnant for half a century.
Time to chop from the top.
Austerity ? If it get’s really bad ? How about 50% of the US households on food stamps ? Or even better. No more food stamps ?
“In fact, household participation has been climbing so steadily that it has far surpassed the last peak set as a result of the immediate fallout following hurricane Katrina.
The latest data released by the Department of Agriculture shows that, on a year-over-year basis, household participation has increased 25.22% while individual participation, as a ratio of the overall population, has increased 21.64% over the same period.
The December results confirm that participation is continuing to climb dramatically, likely as a result of the recent jump in total unemployment, driving the nominal benefit costs up an astounding 43.73% on a year-over-year basis to $5,244,527,739 for the month.”
Paper-money blog
A truly American growth story. NOW THAT’S NASDAQ GROWTH !
Good morning Mr. Keiser,
Journalists and just about everyone else in Greece are on strike today. So, as a result, there is no show.
I would like to kindly request that we schedule an interview at your earliest convenience.
Thank you.
Best regards,
Helen Skopis
Hi Max,
I was reading Darryl Schoon’s article on kitco.com today, titled: “Will
the US Devalue the Dollar?” and i’ve found it to be very interesting,
especially the part where he says the US has never ‘technically’
defaulted. I wonder if you could comment on this on either On The Edge
or the Keiser Report?
Article: http://www.kitco.com/ind/schoon/mar032010.html
Thanks alot Max, keep up the great work! I am a big fan!
later,
–
Ryan
Hello Max,
Thanks for the great insights during the interview/video on freedomain radio you posted on your site. Thanks for the work you do to inform the common mortal about the details of a very uncertain future…
Greetings,
Tamir
underfund, sure was easy. Just give the peasants money. Yank it away a couple times and you have them. Got to think the elite banksters look at the peasants as fish in that regard.
Hey Max…If you want the real story on how criminal Goldman Sachs and the rest of the big banks are then get ahold of me. I can give you a story that is 100x the size fraud as Bernie Madoff. Would you be interested in a huge SEC/government cover-up and a recently filed lawsuit against the SEC and some of it’s so called regulators worth somewhere in the neighborhood of 3.7 – 4.2 trillion, that’s trillion dollars. It’s about money that was collected to be distributed to shareholders that the SEC/gov is now trying to steal. This is no joke! Get ahold of Al Hodges the attorney, he would love to talk to you, his contact info is listed on the lawsuit. Or reply to me and I will point you in the right direction.
Ok…here’s the lawsuit text but this goes much deeper and is linked to the downfall and recovery of the world’s economy. Our group of people has all kinds of evidence that shows the US government is complicit in many crimes against the US citizens. We have been collecting it for 10 years. So far the gov has been able to suppress any press on the issue but their time is running out. We are about to show them who they work for, and they ain’t gonna like it!
Step up, be a man and help us get the word out about what’s really going on and believe me, your life will change for the better!
Just to get you started, here is the lawsuit but it’s only a small fraction of the info that we have
TEXT OF THE CMKM/CMKX LAWSUIT AGAINST THE S.E.C.
CASE NUMBER CV10-00031-JVS (MLGX): SEE REPORT DATED 7TH JANUARY 2010
Saturday 9 January 2010 03:15
THE SUMMONS CIVIL COVER SHEET DISPLAYS:
‘MONEY DEMANDED IN COMPLAINT: $3.87 TRILLION’
A. CLIFTON HODGES, State Bar No. 046803
HODGES AND ASSOCIATES
4 East Holly Street, Suite 202
Pasadena, California 91103
Telephone: (626) 564-9797
Facsimile: (626) 564-9111
Attorneys for Plaintiffs
UNITED STATES DISTRICT COURT
CENTRAL DISTRICT OF CALIFORNIA
DAVID ANDERSON, LT. COL.; NELSON L. REYNOLDS, LT. COL.; SHEILA MORRIS; PATRICK CLUNEY; ROBERT HOLLENEGG; ALLAN TREFFRY; and REECE HAMILTON, Individually and on behalf of all similarly situated,
Plaintiffs,
vs.:
CHRISTOPHER COX, an individual; MARY L. SCHAPIRO, an individual; CYNTHIA A. GLASSMAN,
an individual; PAUL S. ATKINS, an individual; ROEL C. CAMPOS, an individual; ANNETTE L. NAZARETH, an individual; TROY A. PAREDES, an individual; LUIS A. AGUILAR, an individual; ELISSE B. WALTER, an individual; KATHLEEN L. CASEY, an individual;
and DOES 1 through 10, inclusive,
Defendants. Case No.: CV10-00031-JVS (MLGx)
COMPLAINT FOR DECLARATORY JUDGMENT,
AND FOR DAMAGES FOR VIOLATION OF CIVIL RIGHTS
(JURY TRIAL DEMANDED)
COME NOW Plaintiffs DAVID ANDERSON, LT. COL.; NELSON L. REYNOLDS, LT. COL.; SHEILA MORRIS; PATRICK CLUNEY; ROBERT HOLLENEGG; ALLAN TREFFRY; and REECE HAMILTON, individually and on behalf of all others similarly situated, who, for causes of action herein allege:
INTRODUCTION:
1. This action for declaratory judgment and for damages for violations of the Plaintiffs’ civil rights under Bivens v. Six Unknown Agents of the F.B.I., 403 U.S. 388 (1971), against Commissioners of the Securities and Exchange Commission, arises out of actions and failures to act occurring over the period from January 1, 2006 to date by Defendants CHRISTOPHER COX, an individual; MARY L. SCHAPIRO, an individual; CYNTHIA A. GLASSMAN, an individual; PAUL S. ATKINS, an individual; ROEL C. CAMPOS, an individual; ANNETTE L. NAZARETH, an individual; TROY A. PAREDES, an individual; LUIS A. AGUILAR, an individual; ELISSE B. WALTER, an individual; KATHLEEN L. CASEY, an individual; and other government agents whose names are not now known to the Plaintiffs.
2. These Defendants, acting in the course and scope of their employment by the United States of America as duly authorized Commissioners of the Securities and Exchange Commission, a federal agency, through their acts and omissions knowingly, consciously, wrongly, without compensation and without due process of law have effected a taking of property from each of the named Plaintiffs and all who are similarly situated.
JURISDICTION AND VENUE:
3. This action for declaratory relief and damages is predicated on the provisions of the Constitution and Statutes of the United States, the legal and equitable jurisdiction of this Court, the principles of common law, and this Court’s concurrent and pendant jurisdiction.
4. This Court has jurisdiction over the Plaintiffs’ claims under Article III of the United States Constitution and the Fifth Amendment thereto. This Court has jurisdiction over Plaintiffs’ property rights under the foregoing citations and, in addition, pursuant to Title 28 U.S.C., Section 1331 and the case law precedent of Bivens v. Six Unknown Agents of the F.B.I., 403 U.S. 388 (1971).
5. Venue is proper in this Court under Title 28 U.S.C., Section 1391(e)(1)/(2). Defendants are all past or current Commissioners of the Securities and Exchange Commission and therefore agents of the United States Government, and a substantial part of the property, and the acts related to such property subject to Plaintiffs’ claims, occurred or was situated in this Central District of California at all times relevant.
THE PARTIES:
6. Plaintiff DAVID ANDERSON, LT. COL., U.S. Air Force pilot, resides in the State of Missouri, owns more than 280,000,000 shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.
7. Plaintiff NELSON L. REYNOLDS, LT. COL., U.S. Air Force pilot, resides in the State of Texas, owns more than 15,000,000 shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.
8. Plaintiff SHEILA MORRIS, a company owner/CEO resides in the State of North Carolina, owns
more than 400,000,000 shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.
9. Plaintiff PATRICK CLUNEY, a retired professional athlete resides in the State of Florida, owns more than 680,000,000 shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.
10. Plaintiff ROBERT HOLLENEGG resides in the State of North Carolina, owns more than 85,000,000 shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.
11. Plaintiff ALLAN TREFFRY, a licensed State of California Attorney, resides in the County of Los Angeles, State of California, owns more than One Billion shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.
12. Plaintiff REECE HAMILTON, a business owner/partner resides in the County of Los Angeles, State of California, owns more than One Billion shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.
13. Defendants CHRISTOPHER COX, Chairman 2005-2009, MARY L. SCHAPIRO, Chairman 2009-2010, CYNTHIA A. GLASSMAN Commissioner 2002-2006, PAUL S. ATKINS, Commissioner 2002-2008, ROEL C. CAMPOS, Commissioner 2002-2007, ANNETTE L. NAZARETH, Commissioner 2005-2008, TROY A. PAREDES, Commissioner 2008-2010, LUIS A. AGUILAR Commissioner 2008-2010, ELISSE B. WALTER Commissioner 2008-2010 and KATHLEEN L. CASEY, Commissioner 2008-2010: are and, at all referenced times mentioned herein were, acting as individuals and as Commissioners of the Securities and Exchange Commission, an agency of the UNITED STATES OF AMERICA, and acting within the course and scope of their employment. These Defendants are the real parties in interest in the claims set forth herein.
14. Other employees and servants of the Securities and Exchange Commission are also liable for damages under the causes of action set out in this Complaint. However, the names of these employees and servants are not now known to Plaintiffs, who thereby names them herein as DOES 1 through 10. When the names of these employees and servants become known, Plaintiffs reserve the right to amend this Complaint to add the names of these DOE Defendants.
FACTUAL CONTENTIONS APPLICABLE TO ALL CAUSES OF ACTION:
15. In November and December, 2002, CYBER MARK INTERNATIONAL INC., a public company domiciled in Nevada, reverse-merged with Casavant Mineral Claims, which then held mineral claims to more than 600,000 acres within Saskatchewan, Canada, increased authorized capital from 500,000,000 to 10,000,000,000 common shares, cancelled all preferred shares, and changed its name to CASAVANT MINING KIMBERLITE INTERNATIONAL, INC. (CMKI); as of February 3, 2003, 7,241,653,404 shares were issued and outstanding.
16. During the succeeding months CMKI declared a 2 for 1 stock split and filed with the Securities and Exchange Commission: Form 15 exemption claim, July, 2003; Certificate of Amendment to Articles of Incorporation changing its name to CMKM DIAMONDS, INC. (CMKM), February 5, 2004; Certificate of Amendment to Articles of Incorporation raising its authorized capital to 500,000,000,000 common shares @ $0.001 par value, March 1, 2004; Certificate of Amendment to Articles of Incorporation correcting the par value of common shares as of December 26, 2002 to $0.0001 par value, July 13, 2004; Certificate of Amendment to Articles of Incorporation raising its authorized capital to 800,000,000,000 common shares @ $0.0001 par value, July 13, 2004.
17. During the summer and fall of 2004: New York Attorney Roger Glenn was retained by the company; the number of acres upon which CMKM held claims increased to over 1.2 Million acres; claims development activity was pursued by the company; and a shareholders appreciation party was planned to be celebrated in Las Vegas, Nevada to thank the shareholders, to give them an opportunity to meet company personnel, and to announce an agreed upon merger with another public company, U.S. CANADIAN MINERALS INC. On the eve of the party celebration, the Securities and Exchange Commission placed an order on CMKM preventing any public disclosure of anticipated mergers or other development information.
18. In early 2005, CMKM announced the addition of Robert A. Maheu to the Board of Directors who shortly thereafter became the co-chairman of the Board; CMKM announced a new “corporate strategy plan to dramatically and comprehensively transform” the company for generation of consistent, long-term growth and profitability for the shareholders; CMKM filed an amended Form 15 on February 17, 2005 reinstating the company to a public reporting status; and on March 3, 2005 was notified by the Securities and Exchange Commission of a temporary suspension of trading of the company’s stock (Pink Sheets-CMKX) based upon, inter alia, concerns over the “adequacy” of publicly available information.
19. On March 16, 2005 the Securities and Exchange Commission instituted a public administrative proceeding pursuant to Section 12 (j) of the Securities Exchange Act of 1934 against CMKM to determine whether the company was required to file periodic reports under Section 12(g) and whether CMKM failed to comply with Section 13(a), and rules there-under, by failing to so file. CMKM responded on April 11, 2005 admitting that CMKM had a duty to file public reports and alleging various grounds of mistake, malpractice and other affirmative defenses to the factual allegations.
20. From March 17, 2005 through April 29, 2005 CMKM traded publicly in the US under the trading symbol “CMKX,” a total of 551,756,751,833 shares, an average share volume of more than 17 billion shares per day, reaching a maximum on April 21, 2005 of 94,654,588,201 shares. These figures do not include foreign trades nor trades made on an ex-clearing basis such as those disclosed by Jefferies & Company , Inc. on May 6, 2005: between March 25, 2004 and September 21, 2004 Jefferies traded 111,780,681,204 shares of CMKX stock on an ex-clearing basis.
21. On May 10, 2005 the Section 12 (j) administrative proceeding was conducted in a United States Central District of California courtroom; the Administrative Law Judge, Honorable Brenda P. Murray entered her decision on July 12, 2005 finding the facts to be as alleged by the Securities and Exchange Commission. CMKM then filed a Petition for Review which was granted, and a briefing schedule set.
22. On October 20, 2005: Robert A. Maheu resigned as a member and co-chairman of the CMKM Board of Directors; Urban Casavant agreed to remain as the sole officer and Director of CMKM until the affairs of CMKM were wound up to ensure all shares and other assets of CMKM were properly distributed to its stockholders; CMKM entered into an agreement with Entourage Mining Ltd. pursuant to which CMKM assigned its 50% interest in United Carina Resources Corp. to Entourage for 15,000,000 shares of stock, sold its 36% interest in Nevada Minerals, Inc. claims to Entourage for 5,000,000 shares of stock, and made a joint agreement with 101047025 Saskatchewan Inc. and Entourage whereby certain claims were transferred and CMKM became entitled to receive 30,000,000 shares of stock; CMKM’s other agreements with United Carina Resources Corp. and Nevada Minerals Inc. were terminated.
23. On October 21, 2005 CMKM approved formation of a Task Force consisting of Robert A.
Maheu, Donald J. Stoecklein and Bill Frizzell for the purpose of assisting CMKM and Mr. Maheu, as “designated Trustee, to conduct an orderly and verifiable pro rata liquidating distribution of any Entourage Mining Ltd. shares.and any other available assets of CMKM;” the SEC Petition for Review was withdrawn by CMKM on October 21, 2005 and a Securities and Exchange Commission Order de-registering CMKM subsequently was formally entered on October 28, 2005. CMKM had 703,518,875,000 shares of common stock issued and outstanding on that date.
24. On November 4, 2005 CMKM established a web site (CMKMTaskForce.com) for the purpose, inter alia, of advising all shareholders to request physical share certificates evidencing their ownership interest in CMKM as one means of establishing that they were bona fide shareholders of the company. The company intended at that time to wind up its affairs and distribute the 50 million shares of Entourage Mining Ltd. stock and any other assets, including previously unpaid dividends, to the bona fide shareholders. The web site set forth procedures to be followed and established a means of registering all bona fide shareholder certificates prior to December 31, 2005; certificates evidencing 43,309,298,585, shares had been registered at that time.
25. A frequently asked question (FAQ) page was added to the web site on the evening of November 4, 2005 and in response to a question about the degree of naked shorting of CMKM stock, the Task Force indicated that “Credible information indicates the number of naked short shares is potentially as high as 2 Trillion shares”.
26. The Task Force issued a press release on January 19, 2006 discussing a reduction in total shares of Entourage Mining Ltd. stock to be distributed to CMKM shareholders from 50 Million shares to 45 Million shares as a result of a reduction in mining claims involved.
The Task Force also discussed issues involving difficulties obtaining physical share certificates being experienced by shareholders; accordingly the deadline date for registration of shares was extended to March 15, 2006.
The Task Force was provided a new “cert list” by First Global Stock Transfer showing certs issued “and active” on January 13, 2006; ADP Services also provided information to the Task Force. This data reflected a sample of 25,021 certificates representing 350,000,000,000 plus shares of stock and a total of more than 67,000 additional certificates to be counted.
27. On March 16, 2006 the Task Force issued a public release that “.we received a visit in our office [in Tyler, Texas] by an E-Trade rep today. This rep personally hand delivered copies of approximately 4000″ certificates. Further information regarding on-going discussions with the DTCC and other brokerage houses was also provided.
28. The Task Force provided additional information on March 20, 2006, extending the time for registration of certificates to May 15, 2006, advising the shareholders that Urban Casavant and his immediate family would not participate in the share distribution, and advising that a printed notice to stock holders would be published in at least one nationally circulated United States newspaper.
29. On May 25, 2006 the Task Force received a second batch of 1,200 share certificates from AmeriTrade, having received some 1,000 share certificates a week earlier. AmeriTrade’s cover letter indicated that several hundred more certificates would be delivered within “the next few days.” The deadline for registering certificates of May 15, 2006 had not been extended, although the Task Force continued to advise shareholders that they should obtain their certificates and that the Task Force would honor any bona fide shareholder at the time of asset distribution. By late Fall, 2006, the Task Force had received and counted copies of certificates from more than 39,000 shareholders, evidencing more than 635 Billion shares.
30. Kevin West was hired pursuant to a written agreement by CMKM during the summer of 2006
to assist in winding up the affairs of the company and, more specifically, coordinating the share certificate pull. After serving nearly a year as Interim CEO, Kevin West was appointed Chairman of the Board on March 29, 2007 after which Urban Casavant stepped down as sole director, president, secretary and treasurer of CMKM Diamonds, Inc. Mr. West soon thereafter appointed Bill Frizzell as CMKM General Counsel and provided instructions for the filing of a number of lawsuits to attempt to recover moneys and other assets which had been wrongfully taken from the company.
31. During the period of June 1, 2004 through October 28, 2005 a total of 2.25 Trillion “phantom” shares of CMKM Diamonds Inc, was sold into the public market through legitimate brokers, illegitimate brokers and dealers, market makers, hedge funds, ex-clearing transactions and private transactions. The sales of the majority of such shares were at all times known to the Securities and Exchange Commission, including Defendants herein.
32. At some date prior to June 1, 2004 the Securities and Exchange Commission in concert with the Department of Justice of the United States, together combined with Robert A. Maheu and others to utilize CMKM Diamonds, Inc. for the purpose of trapping a number of widely disbursed entities and persons who were believed to be engaged in naked short selling of CMKM Diamonds Inc. stock and cellar boxing the company.
The Securities and Exchange Commission and the Department of Justice, with assistance from the Department of Homeland Security, believed and developed evidence that said short sellers were utilizing their activities to illegally launder moneys, wrongfully export moneys, avoid payment of taxes, and to support foreign terrorist operations. To fulfill the plan to criminally trap such wrongdoers, the Securities and Exchange Commission, with assistance from the Departments of Justice and Homeland Security:
(a) Assisted in and approved the retention of Roger Glenn, an ex-SEC trial attorney and drafter of Sarbanes-Oxley, to join CMKM Diamonds Inc. for the purpose of verifying claims value, increasing authorized shares of stock to 800,000,000,000, and supervising from the inside of the company;
(b) Encouraged the company to expand its promotional activities, assisted in the set up of the “racing activities” of the company, and underwrote a substantial portion of the cost of such activities;
(c) Consented to, facilitated, and supported the sale of certain company claims to several foreign corporations;
(d) Consented to, facilitated, and supported the conferences between Robert A. Maheu and his associates on the one hand, and the wrongdoing short sellers on the other, all for the purpose of settling the potential liability of said wrongdoers with consent of the U. S. Government and a representation of no criminal prosecution for such illegal sales;
(e) Consented to, facilitated, and supported the declaration of dividends payable by the company to each common shareholder of CMKM Diamonds, Inc.
(f) Consented to, facilitated, and supported the distribution of shares of CIM, a private company owned by Urban Casavant, as a stock dividend, including consent and approval of distribution of said shares to holders of more than 1.4 Trillion shares of CMKM Diamonds, Inc. common stock.
33. During the period from November, 2004 through April, 2005, CMKM Diamonds, Inc. negotiated the sale of some of its Saskatchewan, Canada, mineral claims to three Chinese domiciled corporations with the advice and consent, inter alia, of the Securities and Exchange Commission. Proceeds from the consummation of such sales were placed into a frozen trust for disbursal at a later time.
34. During the period from March, 2004 through August, 2006, on behalf of CMKM Diamonds, Inc. Robert A. Maheu, with assistance from others, negotiated a settlement with the illegitimate brokers, dealers, market makers, hedge funds, and other persons and entities that had engaged in naked short selling of CMKM Diamonds Inc. stock and cellar boxing the company. In exchange for a U. S. Government promise of no prosecution for such sales, the wrongdoers each promised to pay negotiated amounts to a frozen trust for disbursal at a later time.
35. Plaintiffs herein are informed and believe, and based thereon allege, that other moneys have been collected for the benefit of the shareholders of CMKM Diamonds, Inc. from the Depository Trust & Clearing Corporation, from the United States Government, and from the sale of additional assets including consent to enter into joint venture agreements with other companies holding mineral claims in Saskatchewan, Canada. Plaintiffs herein are further informed and believe, and based thereon allege, that said moneys, collected for the benefit of shareholders have also been placed in a trust or are otherwise now held in trust by the Depository Trust & Clearing Corporation and the United States Treasury.
36. Plaintiffs herein are informed and believe, and based thereon allege, that at all times mentioned, the Securities and Exchange Commission reserved unto itself the sole and absolute discretion to determine when moneys collected pursuant to the scheme set forth above would and could be released for distribution.
37. Demand for release of said moneys has been repeatedly presented to the Securities and Exchange Commission without result. Agents and employees of the Securities and Exchange Commission and the Department of Justice have represented repeatedly that the release of moneys for distribution was imminent, and/or would occur within several weeks, and/or would occur within less than a month. Each of said representations have been made knowing them
to be false, and at the specific direction of the named Defendants. These actions of withholding distribution of said moneys, without compensation and without due process of law, amount to a taking of the property of the individual Plaintiffs and of all similarly situated.
38. At all times mentioned herein, the Defendants acted with deliberate indifference or reckless disregard for the Constitutional and other rights of all Plaintiffs, or with the intention and knowledge that they were violating Plaintiffs’ Constitutional or other rights or to cause them other injuries, losses and damage.
39. As a result of the Defendants’ misconduct, each of the named Plaintiffs and all of those similarly situated, have been denied their Constitutional rights, including, but not limited to, their Fifth Amendment right to be secure in their property, free from taking without just compensation and without due process of law, and have suffered injuries and property loss in excess of Three Trillion Dollars.
CLASS ACTION ALLEGATIONS:
40. Plaintiffs bring this action individually, and on behalf of all others similarly situated, and in the public interest.
41. Plaintiffs bring this action on behalf of a class of persons who were and are bona fide shareholders in CMKM Diamonds, Inc., a public company directly supervised by the Securities and Exchange Commission.
42. Plaintiffs are members of said class, have a claim typical of the claims of all members of said class, and will fairly and adequately represent the interests of the members of said class.
43. The members of said class are so numerous that joinder of all members is impracticable.
44. All of the class members are wholly identifiable from documents known to be in the possession of Defendants and of the Securities and Exchange Commission.
45. The claims of the members of said class present common issues of fact and law which predominate over any questions affecting only individual members of the class.
46. The defenses available to defendants to the claims of the members of the class present common issues of fact and law which predominate over any questions affecting only individual members of the class.
47. The prosecution of separate actions by the individual members of the class would create a risk of inconsistent or varying adjudications which would establish incompatible standards of conduct for defendants.
48. Adjudications with respect to individual members of said class would, as a practical matter be dispositive of the interest of other members not parties to the individual adjudications or would substantially impair or impede the right and/or ability to protect their interest.
49. Defendants have acted or refused to act on grounds generally applicable to said class thereby making appropriate final injunctive relief with respect to the class as a whole.
50. Unless ordered by this court, Defendants will continue their illegal and wrongful conduct, and repeated actions by individual class members will be required to obtain relief; and thereby the remedies available at law are inadequate.
51. For all of the above reasons, a class action is superior to other available methods for the fair and efficient adjudication of the claims alleged herein.
FIRST CAUSE OF ACTION
(FOR DECLARATORY RELIEF AGAINST ALL DEFENDANTS):
52. Plaintiffs incorporate as though fully set forth herein, all of the allegations contained in Paragraphs 1 through 39 above.
53. Plaintiffs allege that an actual controversy exists in this jurisdiction, in that it is the Plaintiffs’ contention that:
(a) The Defendants are, or in the past were, Commissioners of the SECURITIES AND EXCHANGE COMMISSION, an agency of the UNITED STATES OF AMERICA. At all relevant times herein, said Defendants were acting as individuals and in their official capacity as agents of the SECURITIES AND EXCHANGE COMMISSION.
(b) On and after January 1, 2006, the Defendants, acting alone and acting in concert with each other, and acting without just cause, did consciously, knowingly, intentionally and wrongfully cause certain acts and omissions to proceed in such manner as to hinder, delay, and ultimately prevent the distribution of moneys held for the benefit of Plaintiffs, and all similarly situated, said moneys being payable to each said person on a per share basis.
(c) The Defendants, and each of them, acted in their individual and their official capacities with deliberate or reckless disregard for the Constitutional and other rights of Plaintiffs and all similarly situated or with malicious intent and with the knowledge that their acts and omissions violated and denied the Constitutional and other rights of Plaintiffs and all similarly situated, or that their acts would cause said Plaintiffs and all similarly situated other injuries.
(d) The Defendants, and each of them, did unlawfully and wrongfully cause certain acts and omissions to proceed in such manner as to hinder, delay, and ultimately prevent the distribution of moneys held for the benefit of Plaintiffs and all similarly situated, even though the Defendants knew that said persons had a vested interest and Constitutional right to receive said moneys in a timely, unfettered and unconstrained manner.
(e) The Defendants, and each of them, knew that Plaintiffs and all similarly situated had a vested interest and Constitutional right to receive said moneys in a timely, unfettered and unconstrained manner when they committed the acts and omissions set forth above, causing each said person to be deprived of property without just compensation and without due process of law.
54. The Defendants, and each of them, contend to the contrary. Therefore, it is necessary and proper for this Court at this time to determine and declare the validity of the contentions of the parties as set forth above.
SECOND CAUSE OF ACTION
(FOR VIOLATION OF THE PLAINTIFFS’ CONSTITUTIONAL RIGHTS AGAINST DEFENDANTS COX, SHAPIRO, GLASSMAN, ATKINS, CAMPOS, NAZARETH, PAREDES,AGUILAR, WALTER, and CASEY):
55. Plaintiffs incorporate as though fully set forth herein all of the allegations contained in Paragraphs 1 through 51, above.
56. Defendants, by committing the above-mentioned acts and omissions, violated and denied the Plaintiffs’ Constitutional rights, and those of all similarly situated, including, but not limited to, their Fifth Amendment right to be secure in their property, free from taking without just compensation and without due process of law.
57. Defendants, and each of them, acted and failed to act with the intent to deny the Constitutional rights of Plaintiffs and of all those similarly situated, or with the intentional or callous disregard or deliberate indifference to those rights. The above described acts of the Defendants, all charged with securities law enforcement as Commissioners of the Securities and Exchange Commission, in violation of the Constitutional rights of Plaintiffs and of all those similarly situated, were not intended to be exempt from liability.
58. As a result of the Defendants’ acts, Plaintiffs and all those similarly situated have suffered injuries and property loss in excess of 3.87 Trillion Dollars in an exact amount to be determined at the time of Trial. Because Defendants’ actions were intentional or done with callous disregard or deliberate indifference to the Constitutional and other rights of all Plaintiffs, this Court should award punitive damages against each individually named Defendant.
WHEREFORE, Plaintiffs seek judgment as follows:
1. For a declaratory judgment, pursuant to Title 28 U.S.C., Sections 2201 and 2202, which determines and declares the validity of the contentions of the parties set forth in Paragraphs 52 to 54, above;
2. For a judgment for compensatory, general and special damages in the amounts prayed for in the Second Cause of action set forth above;
3. For a judgment for punitive damages in an amount sufficient to punish and to make examples of these Defendants, and to deter these Defendants and others from engaging in similar conduct;
4. For an award of reasonable attorney’s fees, expenses and costs of suit incurred herein; and:
5. For such other and further relief as this Court deems just and proper.
Dated: January 10, 2010.
HODGES A
Rumsfeld 2.3 Trillion Dollars missing Pentagon
http://www.youtube.com/watch?v=3kpWqdPMjmo
George Soros Declares a ‘Bankruptcy’ of Free-Market Capitalism http://newsbusters.org/blogs/anthony-kang/2010/03/01/george-soros-declares-bankruptcy-free-market-capitalism
@jon
you are too kind, back when a king’s army was made up of his farmers he felt connected to the land, this is no longer the case. We no longer serve them as fish, more like fodder.
US creates terror groups, ex-intelligence chief says http://www.presstv.ir/detail.aspx?id=120002§ionid=351020101
the lawsuit is a noble cause, now if we could get the passion of the armed march on washinton behind it we might have an uprising.
More Headaches For The Goldman PR Department: Here Comes The (Soon To Be) Viral Goldman Sucks Video
http://www.zerohedge.com/article/more-headaches-goldman-pr-department-here-comes-soon-be-viral-goldman-sucks-video
Two years after the auction-rate bond market froze, Hawaii has lost about $250 million in market value on $1 billion in student-loan securities sold by a single Citigroup Inc. broker as a cash substitute that the state has had difficulty unloading.
Hawaii purchased half of the securities for its short-term treasury account from Honolulu broker Pete Thompson, 60, in the eight months before the market collapsed, according to Scott Kami, an administrator at the state finance department.
Citigroup’s Auction-Rate Bonds Freeze $1 Billion in Hawaii Cash http://www.bloomberg.com/apps/news?pid=20601109&sid=apWF4xr_CRUY&pos=11
JPMorgan, Citi Lead Bond Market as High-Yield Issues Set Record 4 March 2010 (Bloomberg) http://tinyurl.com/ye5965l
Wen Warns of Bank Risks, Pledges Property Crackdown 5 March 2010, (Bloomberg) http://tinyurl.com/yl5kugx
Stossel Exposes Cali’s Lavish Public Sector Pensions http://newsbusters.org/blogs/anthony-kang/2010/02/27/stossel-exposes-calis-lavish-public-sector-pensions
Goldman Sucks http://www.youtube.com/watch?v=7SFywA_LQuU
Is selling 6% of your life income for cash now the new incarnation of serfdom? Won’t this end at 100%?
http://deals.venturebeat.com/2010/03/03/life-investment/
When Dylan starts shaking hand with scamsters, smugs or Presidents……you know how late it is. http://farm5.static.flickr.com/4046/4370663067_57ab505c74.jpg
Shanghai Economy Surpasses Hong Kong’s as China Advances: Video http://tinyurl.com/y9ldfx2
Stanley Hilton’s Lawsuit
The lawsuit alleged Bush administration complicity in allowing the September 11, 2001 attacks. The case was dismissed on Dec. 30, 2004, with the judge ruling that US citizens do not have any right to sue a sitting President, based on the Doctrine of Sovereign Immunity.
On second thought, maybe we should pass a law that prohibits the existance of government.
Pending home sales fall 7.6% in January http://www.marketwatch.com/story/pending-home-sales-fall-76-in-january-2010-03-04
Geriavolution? http://news.bbc.co.uk/2/hi/entertainment/8550942.stm
Jobless claims 469,000 – Total beneficiaries rise 149,000 to 11.5 million 4 March 2010 (MarketWatch) http://tinyurl.com/yhk44d2
Morning Max
Stacy sorted a French female for me yet?
Mike
IMF-STYLE AUSTERITY MEASURES COME TO AMERICA:
WHAT “FISCAL RESPONSIBILITY” MEANS TO YOU
Ellen Brown, March 1st, 2010
http://www.webofdebt.com/articles/fiscal_responsibility.php
(Apologies if this is a repost).
Most Greeks against new austerity measures: poll http://www.marketwatch.com/story/most-greeks-against-new-austerity-measures-poll-2010-03-05
hers a link to stopry about bias in western media about deaths in palestine and insreal, over reporting isareli deaths under reporting palestinians
http://www.ifamericansknew.org/media/ap-report.html
just thought id make sure you get it here.
also a story on abc 4 corners here in australia about how male childrn are being traded as sex slaves in afghanistan, a PRACTICE BANNED UNDER THE TALIBAN, BUT WELL its ok for our ” allies ” to do it!
sock it to em maxie and stacy
oh heres link to the tv story about warlords tradfing child sex slaves
http://www.abc.net.au/4corners/content/2010/s2824501.htm
List of 2055 Banks to go under next 2 years – Bob Chapman Interview Liberty Round Table – 1 March 2010 part 8 http://www.youtube.com/watch?v=R9n9H4vdHuU
ICN Informed Citizen News broadcast Sunday February 28th, 2010.
The news you should have heard, but didn’t.
This week’s stories…
#1 2001 Anthrax Case – Bruce Ivins Psychopath or Victim
#2 Texas ordered to destroy five million blood samples illegally taken from babies without consent
#3 Secret Summit of Top Bankers
#4 License to Kill? Intelligence Chief Says U.S. Can Take Out American Terrorists
#5 More people reliant on government than ever before
http://www.youtube.com/watch?v=toS5T_qIlRM&feature=sub
Hi Max,
If your around London 19th March and would like to meet me, Jim Rogers and Marc Farber then let me know
Our views are not that dissimilar. Our paths have crossed before as I was a big introducer to Cantor Index when they first moved into spread betting on financial and sports around 2000/2001 and dealt with Lewis Findley and Lee Amaitis
Regards,Vince Stanzione
MK: And so it begins . . .
Vince is on the wrong side of the war of the savers vs. speculators.
And the Cantor connection is getting more visible. Cantor is also on the wrong side of the war and they misuse my tech. to foster the interests of the specs at the expense of the savers.
@Max
Your honesty enfroceing lawlessness may have finaly entered the online age http://www.nytimes.com/2010/03/07/magazine/07Human-t.html
I thought about building a rent-an-activist website often, but decided against it because it would easily be presented as a terrorist hub of sorts (and be abused by sreious criminals)..This also prevents people from f.i. organizing a lobbying mob, where people take turns lobbying in washington (simply being where the senate/congress people are). It would probably be cost effective.
Hey Max and Super Stace
You regularly comment on the current asymetrical war between savers and speculators.
Consider the so called clash of civilizations – seen in fiscal terms – isnt this a war between opposing banking systems.
In the christian corner we have the usurers with their fractional reserve model. In the Islamix corner we have a banking sytem that opperates at near full reserve ,forbidding the charging of interest(Sharia banking).
Any comments?
Lee Amaitis
is one of the bad guys
all will be revealed on Alex Jones show this Monday
That should be – Hi Max and Super Stace
@blackswancandidate
yes, but the islamic banks have been infected with fractional reserve nonsense
the mullahs have not done a good job keeping usury out of the game
We were supposed to make a film about this for AJE but it got way layed.
@the underfundedmentalist
that would make the most sense to me.
The Day Trader’s Paradise http://lifehacker.com/5481921/the-day-traders-paradise
Whatever Happened to Finance Reform? http://www.kcrw.com/news/programs/tp/tp100304whatever_happened_to
China Govt: Buy Gold and Silver http://www.commodityonline.com/news/China-Govt-Buy-Gold-and-Silver-26187-3-1.html
India gold imports leap in January http://www.commodityonline.com/news/India-gold-imports-leap-in-January-26179-3-1.html
Britain is next Greece: John Browne http://www.commodityonline.com/news/Britain-is-next-Greece-John-Browne-26182-3-1.html
Australia gold output to surge to 267 tons in 2011 http://www.commodityonline.com/news/Australia-gold-output-to-surge-to-267-tons-in-2011-26178-3-1.html
US jobless data dampens recovery hopes http://www.commodityonline.com/news/US-jobless-data-dampens-recovery-hopes-26096-3-1.html
Re: Islamic banking – no usury… how do the bank survive inflation? (assuming they do keep a good job of having no usury)
@Mother Earth – great finding, re: article – Entrepreneurs offer their life’s future earnings for an investment. (just think of a house loan at 5% interest, after 25 years you have almost paid just as much money in interest as the sum of house loan in the beginning. Still that same person got probably another 25 years of work and have to give away further 6% a year . . . what a bad deal)
Re Re: Mother Earth – oh, I forgot the Dollar currency… 600 000 in dollars is a bit more I have to say, hmmmm
Thanks for the reply Max
Maybe the mullahs should take your lead (regarding your call to arms against that bald stuttering pr*ck Hank “Martial Law” Paulson), and issue a fatwa against Goldmine Suchs!
you are either an ant or a grasshopper. there will be many dead grasshoppers.
Straight Talk – Stock Market
(SNL skit)
http://www.dailymotion.com/video/x71zxa_straight-talk-stock-market_fun
S Korea child ‘starves as parents raise virtual baby’
http://news.bbc.co.uk/1/hi/world/asia-pacific/8551122.stm
The US debt problem is such that Austerity Budgets would be needed for about 50 years, assuming no new debt issuance.
As the US is at an interest rate escape horizon, there are suggestions for 100 years of Austerity Budgets.