>>>The US is bankrupting itself supporting all these despotic states<<<
Despotism is a form of government by a single authority, either an individual or tightly knit group, which rules with absolute political power. In its classical form, a despotism is a state where one single person, called a Despot, wields all the power and authority, and everyone else is considered his slave. The term now implies tyrannical rule.
Isreal is a multiparty democracy with a parlimentary government. You should be ashamed to compare it to Egypt and Saudi Arabia, facist totalitarian islamic states.
But then you seem so reserve all your judgements for Israel, for some strange reason.
That was the last trace I heard of , sice the fossilated rumors about the Hong-Kong fakes.
I don’t know. The whole tungsten-story sucks. Why would you drill all those holes in so many tungsten-bars (and having to put up, that after that procedure, with all bars lost their original wheight)? Why didn’t we hear anything, at least about them being shipped back, to where they came from to get swapped for real ones?
Would you keep a delivered bycicle after having ordered and payed for a car?
And the pro7 Dok: If you’d make a doc about such a hot topic, would you spend 95% of your airtime, showing nothing and only about 5 seconds to show the fake-bar it is all supposed to be about, from a distance you couldn’t even destinguish it, from a LEGO-bar? No verbal or optical description of the size of the tungsten-core at all???
These reports seem to me more fake, than the tungsten-fake.
It’s not, that I don’t consider the tungsten-stuff somehow real and disturbing. But the news about it, we have been delivered till today, serve more to make the bugs feel uneasy and not uncovering anything substancial.
Don’t you think?
@max
oK, I agree to what you say: Hank Paulson is a fundamentalist believer of his market-concepts, inspired Lehmannbrother-brothers to commit suicide to bring about a shake in the beliefsystem of the Taxpayers. So far you can call it terror.
But what was Hanks action for? It was to extort TARP money. But this last bit, in my mind I wouldn’t terror (even if, “terror” sounds pretty alarming, which is why you use this term in the first place, to wake up people, no?) it is greed instead (for money and control).
You are an absolute free-speach genius to me. So it feels pretty freaky to me, to suggest you a new term for the use in your speeches…
But I still cling to the idea, that terror has no other aim, than spreading fear.
To me, starting to call those banksters financial rapist, suits them and their technique to get what they want, as much as FT, AND would bring about a refreshed level of PR to your message. Don’t forget: sex sells!
Dave
Could one of you ask Rob Kirby about this? http://www.marketoracle.co.uk/Article14996.html
”
1] – irregularities in the publication of the gold ETF – GLD’s bar list from Sept. 25 – Oct.14 where the length of the bar list went from 1,381 pages to under 200 pages and then back up to 800 or so pages.
2] – reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
Why Tungsten?
If anyone were contemplating creating “fake” gold bars, tungsten [at roughly $10 per pound] would be the metal of choice since it has the exact same density as gold making a fake bar salted with tungsten indistinguishable from a solid gold bar by simply weighing it.
Unfortunately, there are now more sordid details to report.
When the news of tungsten “salted” gold bars in Hong Kong first surfaced, many people
who I am acquainted with automatically assumed that these bars were manufactured in
China – because China is generally viewed as “the knock-off capital of the world”.
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes].
This was apparently all highly orchestrated by an extremely well financed criminal operation.
Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes]. Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day. I know folks who have copies of the original shipping docs with dates and exact weights of “tungsten” bars shipped to Ft. Knox.”
No I’m not an FT apologist at all. Quite the contrary!
Only: You used this originally innovative term of yours over and over again and it starts somehow wearing out.
I only ask for a substitutional name for FT, to keep up the psychologically crisp notion in the listeners brain of “Yeah, these are the bad guys to watch out for and beat down as much as possible”.
yknow w’I mean?
Raptosaurus wasn’t a terrorist, but still THE threat to the entire fauna back then!
Historical Evolution from a individual Swiss Point of View:
Terror is a political fashion or a following stage of democracy, turning the latter into terrocracy.
The more we can defeat natures threats against human kind, the less “natural” externalities amalgame human society.
But such common goals seemed to be the historical root-ground for democracies to emerge in the first place.
The lack of commonly shared goals in a highly (technically and socially) individualized society leads to either starvation of demcracy or artificial reflation of these very grounds to democracy by the ones formerly elected. The most effective invention to achieve this, was TERROR.
Your neo-feudal vision for our future is just the endshape this recent transition.
Olf fashioned banks were more sort of modern confession-rooms in old democracies, to discipline the individual businesses/citizens/voters, never to forget the so far commonly shared goals of shelter against external natural theats (be it climate or rivalities among neighbours, etc.).
The big banks of todays world seem to have adapted their strategies of survival during this change of invironnement:
From “herbivore cattle” they evolved to “carnivore predators”, trying to frontrun Terror by becoming the most succesfull gang-organized RAPIST.
The mass of humans, always clustered in some forms of societies. There had always been single individuals (and their spontaneous supporters) like plato or jesus or jeanne d’arc, who protested against predemocratic predatorial conditions. They had no other joice than PROTEST.
But only scientific successfull technology made it possible, that such individual protesters could kickstart popular revolutions (like the french) transforming into “short” periods of democratic fashions in some parts of the world.
But as I explained above, the very scientific sucecess, that made revolutions towards democracy possible, also nurturied inevitably its fall.
Democracy, not unlike fractional-reserve-banking with deptmoney and interestrates, is a selflimiting phänomenon. There is no cure, because there is no such thing as eternal growth.
As I believe, there is no such entity as a “real” terrorist (as all terrorism turns out to be inside government jobs through-out the whole history, right?) I suggest, that Max should start to use a distinctly different term, than always talking about “financial terrorists”. Any suggestions for terms, that a) transport the same content but b) don’t mix labels?
“Terror” and “Terrorists” should start to become reserved terms for facist politicians to make it clear, how rare (say non-existent!) people are (individuals or organized groups), who actually commit real destruktive attacks against states (and other social network-structures), entirely out of ther own personel disagreement with the targets actual policy.
(sorry for my english, I’m swiss )) )
=========
Now that’s the ULTIMATE terrorism act : stealing the pension funds. Is Obanana that crook preoccupied by the rape and pillage of your pension funds ? Not a bit.
Not a bit. Lek you are an moron. Hope you loose all your pension funds
=========
I take the view that if the American Imperialists are not willing to help my Canadian friend now stranded in the USA — then they should be eternally destined not to have any retirement and to eat dog food from a can in a cheap hotel or hobo jungle.
THERE ACTUALLY IS A US (political?) ADVERT WHERE THEY SHOW AN OAP EATING DOG FOOD FROM A CAN IN A CHEAP HOTEL. WHO MADE THE AD AND WHERE IS IT ON THE WWW?
Lek works for Homeland Security. I wouldn’t be surprised. Stupid moron. He can’t even understand that freakin moron that Obama has authorized EVEN the same treatment for any US citizen. Lek you are either a freakin moron or a Homeland Security parasite trying to spruce up business and increasing his allocation for spying on internet site.The latter is more probable. The enemy is within; the government. Was true in communist Russia and it’s more and more the case in USA and Isreal. Sad and scary.
Better make a film too about people like Lek that still don’t believe the “truthers”.
Lek is not a “truther”. What’s the contrary of a “truther” ? A LIAR.
@Lek
Lek works for Homeland Security. I wouldn’t be surprised. Stupid moron. He can’t even understand that freakin moron that Obama has authorized EVEN the same treatment for any US citizen. Lek you are either a freakin moron or a Homeland Security parasite trying to spruce business. The latter is more probable.
@Max
Why only 10 copies ? 20 copies would accelarate the financing process. 100$ for who whows ?, will probably make a better “investement” than a California McManshion or a US treasury bill. I am not doing for the money. I’m doing it because it’s real fun and less costly than investing in greek or russian gold mines. (Personal inside joke related to my experiences). It’s just good and exciting fun !
This is just a reminder that Finance Derivative and Math Ones only have a passing resemblance to each other. Finance ones probably at best could be called Nth order economic state differentials.
As you know I have decided to participate financing your fantastic concept. The concept is just fantastic and stmulating. I am a fan of documentaries. I just love your concept. Unfortunately I am not a film maker and have no experience in that field. I am just starting to crawl. Is there a guide on the site explaining the different notions when you submit the projects ? The “how it works” explans the buying of copies quite clearly. Some concepts I understand when you submit a project. But some are a little bit mysterious for a crawling baby, a beotian like me.
@Bill Stewart
Now that’s the ULTIMATE terrorism act : stealing the pension funds. Is Obanana that crook preoccupied by the rape and pillage of your pension funds ? Not a bit.
Not a bit. Lek you are an moron. Hope you loose all your pension funds.
For example, one bank ends up holding all the silver shorts, then it goes broke, but all the good assets are owned by another bank that doesnt go bankrupt.
Theyre in a position to be able to set up this kind of arrangement on a massive scale.
Beware Counterparty risk – dont buy something from someone who doesnt actually own it and possess it.
on another note: a major new 9/11 documentary is coming out at the end of this month. In the film I talk about ‘broke zero’ the guy who unwittingly was speculating on his own death – working in the towers, and buying airline puts – over the narrative of exposing the bankers who pocketed millions on ’9/11 options’
@Lek
Should also remind you that Dubai is a USA friend and a sovereign state and a ally. It’s very funny listening to all these state terrorists promoting EXACTLY the same tactics as the “terrorists” they are supposedly figthing to “protect us” and “defend” us. I make today no difference whatsoever Lek between terrorism and CIA/Mossad/FSB/MI5 etc…… state terrorism. In many respects it’s now the same.
Max was reminding that STEALING the passports of allied countries with Israel for doing dirty jobs is ILLEGAL. Naturally I presume you couldn’t care a fuck. The Mossad does the same thing with canadian passports. In the past we used to be able to go to the Middle East with great ease with a canadian passport. Courtesy of the Mossad, it’s less and less the case. Lek you should be more scared by your own home grown terrorists working for the state.
Talking about the Mossad ? How about the Mossad and Larry Silverstein ? Remember him Max ? He will soon be receiving his check from his savy investment in the WTC.
14 million “investment” in the WTC that racked a couple of billions in week.
WHAT A FANTASTIC IDEA FOR A FILM ! As good as Keny Boy, a another piece of shit that had huge connections with that nazi Bush and the CIA. That’s why Al Jaazeera told you, you would need three body guards.
As you see they are starting to censure the internet about the connections of Larray Silverstein with the Mossad. CENSURED. You can guess what type of people committed 911. And no it wasn’t Ben Laden.
The only democracy in the Middle-East if not vigilant will finish ressembling as Saudi Arabia.The real danger has always been state sponsored terrorism. This is a small incident. Remember the TV report on FOX news on september 11th ? The CIA arrested a team of Mossad agents, operating under cover as “students” applauding and shouting with joy at the explosion of the WTC towers while filming it ? The Mossad criminals even gave an interview to israeli TV a couple of months after saying they were there only “students” visiting New-York and were fiming by “accident” ? Yeah I really think that there is a Mossad connection to september 11th.
Yeah fuckin state criminals working fot USA, Israel and Saudi Arabia killed 3000 New-Yorkers. Remember september 11th. A great classic of state terrorism.
The aid given to Israel by the US is staggering! The US can no longer afford to look after its own citizens in this crisis caused by US based banking organisations let alone be expected to put the citizens of another country ahead of dealing with its own escalating problems. At some point soon this cash hand out will no doubt dry up or stop and the US will have a very angry population looking for answers and asking why this wasnt used to help at home?
The UK has foreign aid program which have operated for years and years. It strikes home that the government always put the interest of some foreign dictator before the people struggling at home. Foreign aid is basically a loose term which when investigated always turns out the funds hardly ever reach the so called humanitarian cause and invariably end up spent on weapons to be used in the killing of innocents.
The real danger is the state.The state is the enemy of the people.
Fascinating book. “Our enemy the state.” I totally share the opinions of this author. And “Old” book but absolutely right. The main terrorist danger in the USA and Israel is our own governments !
It would be nice to know what is the budget of the Mossad and how much this criminal organization steals from the Israeli people each year ?
And the first victims of Israeal and the USA are the civilian population robbed, pillaged, plundered, raped of their taxes to feed the pigs working for the “security” apparatus.
It would be nice to know how many trillion of dollars the CIA and the Mossad steal from the taxpayers each year and what pourcentage they touch on lucrative businesses like opium, cocaine and diamond, gold smuggling, organs sales and sexual slavery. Not juste the Mossad, ALL these “security” services are a cancer for democracy and freedom. Ron Paul is right. “The CIA must be taken out.” The same is true for about all these government killers and criminals. They are indeed. Finally you have to conclude that the KGB, now the FSB, or the Chineese Sercret Services are not the main menace to peace world. The real danger is at home.
marc authier, its the banksters. They’ve been running the show for decades. I believe the isrealis are in the same position as the usa. Were pigeons for the banksters. Its all about a bit of brainwashing boob tube and the education system mentally retarding us to be swayed by these banksters. Just have to look at the big picture of how we got here. As they say. The victors make the history.
Israek has decided to export to USA the way they treat the Palestinians, to USA and the rest of the world. Gaza is what your godamn bastards from the CIA,, the NSA, the FBI, Homeland Securuty and the Pentagon have in mind for the West. Israel in 2010 is indeed in the hands of quasi nazis fascsits. LIke the USA.
lek@, you better check out what really happened in ww2. The banksters set up hitler in the first place. Then organized ww2. Which set up the world after ww2. Israel should have never gotten trillions of usa money because they had nuc weapons. Which I’m guessing the usa gave them. Once oil was discovered in the middle east the banksters needed a military outpost which was israel. And thats basically where were at now. I don’t even know if the israel people know they’re being used by the elite banksters. The usa is just now waking up to that fact over here.
@lek
The reason you are baffled is because everything you said is completely baffling.
And when something is that baffling, it’s usually because some of the facts are incorrect the logic is faulty due to false assumptions somewhere along the line.
U.S. Aid To Israel
by Mitchell Bard
(Updated January 13, 2010)
‘Meeting Israel’s Special Needs
Since 1974, Israel has received nearly $100 billion in assistance, including three special aid packages. The first followed the signing of the Israel-Egypt peace treaty and Israel’s withdrawal from the Sinai. The redeployment of Israeli forces and rebuilding of air bases in the Negev cost $5 billion. To partially compensate for this sacrifice, Israel received $3 billion ($2.2 billion of which was in the form of high-interest loans) in U.S. aid in 1979.
In August 2007, the Bush Administration agreed to increase U.S. military assistance to Israel by $6 billion over the following decade. Israel is to receive incremental annual increases of $150 mllion, starting at $2.55 billion in FY2009 and reaching $3.15 billion per year for FY2013-2018.’ http://www.jewishvirtuallibrary.org/jsource/US-Israel/foreign_aid.html
What will isreal do when america goes under?
Max: So what if Israel did kill this terrorist? Good for them. The real qustion is why is Dubai harboring this guy in a five star luxury resort when he is wanted for murder? Wha else can you expect from Israel, a country that is being attacked by people who want to kill them because of their race and religion? The way I see it is this: Israel is a productive domocratic nation that turns out new product innovations, patents and nobel prizes by the bucket. It is surrounded by racist Arab supremicists who sided with nazi germany in world war II and who could not have careed less who the British gave “palestine” to until they heard it woudl be the jews. And what about all the jews kicked out of arab controlled countries even though they had lived there thousands of years before? I admire the Jews for refusing to die and standing up to all the propaganda and genocide. They kick ass when someone comes to kick their ass and they mind their own productive business when people leave them alone. You do good work on the financial scandals but you are way, way off base when it comes to zionism and islam, The whole left lovefest with islam really baffles me.
The BankSlayers are coming for the Neo Feudal Trans Global Gods of Fiat printing for Criminal Poncy Schemes leveraged on Fear…
The BankSlayers are coming for the Neo Feudal Trans Global Gods of Fiat printing for Criminal Poncy Schemes leveraged on Fear…
With the new Religion of the white coated “Gods” of Science and the masses praying to the News repeating Priests of “magic”…..WE ,still need to stay ahead of the Neo Feudalist overlords of Eugenics and the raving mobs of debased Zombies who are going to look for engineered scapegoats as “their” Artificial culture is molded into the Neo Huxlian Greene happy slave Agenda…, or as Celente saiz “when the Mob has nothing to loose,they will loose it”…..batter up….
Here’s an interesting paper of a speech by Hervé Hannoun
(Deputy General Manager, Bank for International Settlements) with graphs showing different national debts as a % of GDP…
MIND BLOWING!!!!
We need to accept that there is still a business cycle. No country has managed to eliminate the business cycle, and we therefore need policy frameworks that respond countercyclically to fluctuations in the real economy.
…
At the BIS, we use the expression the “paradox of financial instability” to describe the situation where the system looks strongest precisely when it is most fragile. This was the case in the build-up to the current financial crisis. The Great Moderation in the volatility of output and inflation produced a false sense of comfort and an illusion of financial stability.
Words like “Financial Instability” give Steve Keen a hard-on
Sticks and stones
can break my bones
but words
will never hurt me . . .
Max could take any side of a debate and kick the ass of his nemesis in a limited time span. The man is smart. However, time and reason will usually prevail and no one is ever 100% correct all the time. Heck, Max liked Obama way back when . . .
@ Dan II
I am always frightened to confront Max on CC cause he tends to have a facination with feces and TP’s when it comes to CC’s
lololololololol
Hic
& I can bet me arse he is invested in CC’s
Max needs to make a statement that he has no vested interest in carbon credits or cap-n-trade. His stance puzzles me. I hope Max has not come to the conclusion that end justifies the means on the Earths environment.
Global pollution and wasted resources do not equal a climate catastrophe caused by man. Legitimate concerns are neglected when we focus on fake science.
@ Maxy boy was just tinkin
Ya got Stolkholme sindrome as well
Hic
On ta carbon credits thingy
Ya have repeatedly had Govt’s tat lie but ya still belive in ‘em
lololololololol
Hic
How ABC News’ Brian Ross Staged His Toyota Death Ride
Brian Ross, America’s Wrongest Reporter, has been credited with owning the Toyota recall story, including one memorable report with Ross behind the wheel of an out-of-control car. He did it by splicing in staged footage to make it look scarier.
Japan is not buying enough Treasuries and the new government is giving the military headaches about bases in Japan. A few key members in Japan’s government are pointing out that 9/11 events do not square with the official version. Japan is on the shit list.
The total OTC Derivatives market was valued at $1.126 QUADRILLION in 2009
Again, though, it depends on how you look at it…
this is a measure of the TURNOVER
the actual amount OUTSTANDING is far less…
They don’t call it complex for nothing
Perhaps he was controlled in order to influence events . . . or he may have underestimated the response. You have but a few seconds before return fire is initiated when shooting at trained and armed men or women.
Anyone can hide a weapon and do what he did, regardless of laws. We are not safer by disarming reasonable people. We are less safe and at the mercy of rogue individuals or tyrannical governments.
2. Over-The-Counter (OTC) derivatives stood in notional or face value at USD 863 trillion (UP +44%) and include:
a. Interest Rate Derivatives at about USD 458+ trillion (UP +16%);
b. Credit Default Swaps at about USD 57+ trillion (DOWN -1%);
c. Foreign Exchange Derivatives at about USD 62+ trillion (UP +10%);
d. Commodity Derivatives at about USD 13+ trillion (UP +44%);
e. Equity Linked Derivatives at about USD 10+ trillion (UP +17%); and
f. Unallocated Derivatives at about USD 81+ trillion (UP +14%).
The last time I heard anything about the derivatives market, it was apparently going DOWN, which would make sense considering the M3 values posted by Shadowstats…
but trying to get up-to-date info is difficult…
perhaps someone else can elucidate upon the matter better?
The Pentagon shooting is a prime example of why an armed populace is desirous. Imagine that same shooter armed with his two 9mm hand guns in say . . . your local mall. Unfortunately, the shooter chose a location where people could fight back.
@ dedo
My apologies if my posts have contributed to any toxicity. This site has helped me develop a cast iron stomach though when it comes to dealling with bad news.
If it dont’ kill ya, it just makes you stronger!
I read posts on this site,.and it helps bring on the toxins in my gut!
So in that respect,..it’s quite the facilitator! (it’s useful)
A question for Stax and Macy
Does this site do the same for you and yours? .
@x
it is not so much a dark pool of deriviatives, as it is a galactic black hole of debt, do we have a quadrillion of anything above the sub-atomic level, sand? ants? reminds me of the currency used in battle star galactica, ‘credits’.
Mr. Kirby:
‘World’s derivatives market is over $1quadrillion’
wow
1 quadrillion=1,000 trillion
= $ 1,000,000,000,000,000
Is he saying there is $1 quad worth of derivatives floating around?
@Max Kaiser
>>>The US is bankrupting itself supporting all these despotic states<<<
Despotism is a form of government by a single authority, either an individual or tightly knit group, which rules with absolute political power. In its classical form, a despotism is a state where one single person, called a Despot, wields all the power and authority, and everyone else is considered his slave. The term now implies tyrannical rule.
Isreal is a multiparty democracy with a parlimentary government. You should be ashamed to compare it to Egypt and Saudi Arabia, facist totalitarian islamic states.
But then you seem so reserve all your judgements for Israel, for some strange reason.
Excellent show. Another very well chosen, well informed guest.
BTW I also like it that you have gotten some young voices on your shows. (re earlier discussion on another thread)
@ grinch
Have you seen the pro7 TV-dok about the 500gr tungsten-faked bouillon bar?
http://www.youtube.com/watch?v=ZKczs-7BFRI
That was the last trace I heard of , sice the fossilated rumors about the Hong-Kong fakes.
I don’t know. The whole tungsten-story sucks. Why would you drill all those holes in so many tungsten-bars (and having to put up, that after that procedure, with all bars lost their original wheight)? Why didn’t we hear anything, at least about them being shipped back, to where they came from to get swapped for real ones?
Would you keep a delivered bycicle after having ordered and payed for a car?
And the pro7 Dok: If you’d make a doc about such a hot topic, would you spend 95% of your airtime, showing nothing and only about 5 seconds to show the fake-bar it is all supposed to be about, from a distance you couldn’t even destinguish it, from a LEGO-bar? No verbal or optical description of the size of the tungsten-core at all???
These reports seem to me more fake, than the tungsten-fake.
It’s not, that I don’t consider the tungsten-stuff somehow real and disturbing. But the news about it, we have been delivered till today, serve more to make the bugs feel uneasy and not uncovering anything substancial.
Don’t you think?
@max
oK, I agree to what you say: Hank Paulson is a fundamentalist believer of his market-concepts, inspired Lehmannbrother-brothers to commit suicide to bring about a shake in the beliefsystem of the Taxpayers. So far you can call it terror.
But what was Hanks action for? It was to extort TARP money. But this last bit, in my mind I wouldn’t terror (even if, “terror” sounds pretty alarming, which is why you use this term in the first place, to wake up people, no?) it is greed instead (for money and control).
You are an absolute free-speach genius to me. So it feels pretty freaky to me, to suggest you a new term for the use in your speeches…
But I still cling to the idea, that terror has no other aim, than spreading fear.
To me, starting to call those banksters financial rapist, suits them and their technique to get what they want, as much as FT, AND would bring about a refreshed level of PR to your message. Don’t forget: sex sells!
Dave
Max or Stacy…
Could one of you ask Rob Kirby about this?
http://www.marketoracle.co.uk/Article14996.html
”
1] – irregularities in the publication of the gold ETF – GLD’s bar list from Sept. 25 – Oct.14 where the length of the bar list went from 1,381 pages to under 200 pages and then back up to 800 or so pages.
2] – reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
Why Tungsten?
If anyone were contemplating creating “fake” gold bars, tungsten [at roughly $10 per pound] would be the metal of choice since it has the exact same density as gold making a fake bar salted with tungsten indistinguishable from a solid gold bar by simply weighing it.
Unfortunately, there are now more sordid details to report.
When the news of tungsten “salted” gold bars in Hong Kong first surfaced, many people
who I am acquainted with automatically assumed that these bars were manufactured in
China – because China is generally viewed as “the knock-off capital of the world”.
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes].
This was apparently all highly orchestrated by an extremely well financed criminal operation.
Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes]. Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day. I know folks who have copies of the original shipping docs with dates and exact weights of “tungsten” bars shipped to Ft. Knox.”
No I’m not an FT apologist at all. Quite the contrary!
Only: You used this originally innovative term of yours over and over again and it starts somehow wearing out.
I only ask for a substitutional name for FT, to keep up the psychologically crisp notion in the listeners brain of “Yeah, these are the bad guys to watch out for and beat down as much as possible”.
yknow w’I mean?
Raptosaurus wasn’t a terrorist, but still THE threat to the entire fauna back then!
Dave
Hi Max,
Historical Evolution from a individual Swiss Point of View:
Terror is a political fashion or a following stage of democracy, turning the latter into terrocracy.
The more we can defeat natures threats against human kind, the less “natural” externalities amalgame human society.
But such common goals seemed to be the historical root-ground for democracies to emerge in the first place.
The lack of commonly shared goals in a highly (technically and socially) individualized society leads to either starvation of demcracy or artificial reflation of these very grounds to democracy by the ones formerly elected. The most effective invention to achieve this, was TERROR.
Your neo-feudal vision for our future is just the endshape this recent transition.
Olf fashioned banks were more sort of modern confession-rooms in old democracies, to discipline the individual businesses/citizens/voters, never to forget the so far commonly shared goals of shelter against external natural theats (be it climate or rivalities among neighbours, etc.).
The big banks of todays world seem to have adapted their strategies of survival during this change of invironnement:
From “herbivore cattle” they evolved to “carnivore predators”, trying to frontrun Terror by becoming the most succesfull gang-organized RAPIST.
The mass of humans, always clustered in some forms of societies. There had always been single individuals (and their spontaneous supporters) like plato or jesus or jeanne d’arc, who protested against predemocratic predatorial conditions. They had no other joice than PROTEST.
But only scientific successfull technology made it possible, that such individual protesters could kickstart popular revolutions (like the french) transforming into “short” periods of democratic fashions in some parts of the world.
But as I explained above, the very scientific sucecess, that made revolutions towards democracy possible, also nurturied inevitably its fall.
Democracy, not unlike fractional-reserve-banking with deptmoney and interestrates, is a selflimiting phänomenon. There is no cure, because there is no such thing as eternal growth.
Nice to be seen shared!
It is snowing heavily outside!
Dave
MK: are you a financial terrorist apologist?
solopsist
max explains financial terrorism on moscow radio show (while in moscow)
http://www.youtube.com/watch?v=ohMFNOFB22c&feature=player_embedded#
Love your show Max and will spread the word about it!
@Jason SlackBayer
wow, aint seen one of your comments for a while… good to see you are still kickin’ around!!!
As I believe, there is no such entity as a “real” terrorist (as all terrorism turns out to be inside government jobs through-out the whole history, right?) I suggest, that Max should start to use a distinctly different term, than always talking about “financial terrorists”. Any suggestions for terms, that a) transport the same content but b) don’t mix labels?
)) )
“Terror” and “Terrorists” should start to become reserved terms for facist politicians to make it clear, how rare (say non-existent!) people are (individuals or organized groups), who actually commit real destruktive attacks against states (and other social network-structures), entirely out of ther own personel disagreement with the targets actual policy.
(sorry for my english, I’m swiss
@ Lek
Israel once supported Hamas to be a rival to the PLO.
So they killed one of their own. Simple as that
@Lek
“The aid given to Egypt by the US is staggering!”
Egypt suppresses democracy just as Israeli does – as does Saudi Arabia.
The US is bankrupting itself supporting all these despotic states.
@ FreeMarkets
>>>The aid given to Israel by the US is staggering! <<<
The aid given to Egypt by the US is staggering!
@Viriathus
>>>I love the smell of fresh astroturf in the evening.<<<
Here you go… http://www.grass4u.com/
=========
Now that’s the ULTIMATE terrorism act : stealing the pension funds. Is Obanana that crook preoccupied by the rape and pillage of your pension funds ? Not a bit.
Not a bit. Lek you are an moron. Hope you loose all your pension funds
=========
I take the view that if the American Imperialists are not willing to help my Canadian friend now stranded in the USA — then they should be eternally destined not to have any retirement and to eat dog food from a can in a cheap hotel or hobo jungle.
THERE ACTUALLY IS A US (political?) ADVERT WHERE THEY SHOW AN OAP EATING DOG FOOD FROM A CAN IN A CHEAP HOTEL. WHO MADE THE AD AND WHERE IS IT ON THE WWW?
Yeah Bananas!!! Here Ringo have a Banana!! 999999999 i sure love Apples!
But damn those Bananas are sooo Yellow!! YUM
@Lek
Lek works for Homeland Security. I wouldn’t be surprised. Stupid moron. He can’t even understand that freakin moron that Obama has authorized EVEN the same treatment for any US citizen. Lek you are either a freakin moron or a Homeland Security parasite trying to spruce up business and increasing his allocation for spying on internet site.The latter is more probable. The enemy is within; the government. Was true in communist Russia and it’s more and more the case in USA and Isreal. Sad and scary.
Better make a film too about people like Lek that still don’t believe the “truthers”.
Lek is not a “truther”. What’s the contrary of a “truther” ? A LIAR.
@Lek
Lek works for Homeland Security. I wouldn’t be surprised. Stupid moron. He can’t even understand that freakin moron that Obama has authorized EVEN the same treatment for any US citizen. Lek you are either a freakin moron or a Homeland Security parasite trying to spruce business. The latter is more probable.
@Max
Why only 10 copies ? 20 copies would accelarate the financing process. 100$ for who whows ?, will probably make a better “investement” than a California McManshion or a US treasury bill. I am not doing for the money. I’m doing it because it’s real fun and less costly than investing in greek or russian gold mines. (Personal inside joke related to my experiences). It’s just good and exciting fun !
I cannot resist, but most people who have had calculus have probably for gotten so…
EngMath: Partial derivatives & chain rule for functions of two variables. Chris Tisdell UNSW Sydney
http://www.youtube.com/watch?v=_77xxOjozFI
This is just a reminder that Finance Derivative and Math Ones only have a passing resemblance to each other. Finance ones probably at best could be called Nth order economic state differentials.
@Max
As you know I have decided to participate financing your fantastic concept. The concept is just fantastic and stmulating. I am a fan of documentaries. I just love your concept. Unfortunately I am not a film maker and have no experience in that field. I am just starting to crawl. Is there a guide on the site explaining the different notions when you submit the projects ? The “how it works” explans the buying of copies quite clearly. Some concepts I understand when you submit a project. But some are a little bit mysterious for a crawling baby, a beotian like me.
Insurers Set To Raise Prices, Walk Away From Consumers: Goldman Report
http://www.huffingtonpost.com/2010/03/05/insurers-set-to-raise-pri_n_487684.html
America think of health insurance as a luxury so the Veblen pricing phenom kicks in. As the price goes up, demand goes up.
In other countries, health insurance is seen more as a commodity/utility and so prices tent to fall accordingly.
Prices for health care in America will fall when the gov’t stops trying to sell it like a cartier watch and starts to sell it more like a utility.
@Bill Stewart
Now that’s the ULTIMATE terrorism act : stealing the pension funds. Is Obanana that crook preoccupied by the rape and pillage of your pension funds ? Not a bit.
Not a bit. Lek you are an moron. Hope you loose all your pension funds.
http://www.quebecoislibre.org/asguerre.htm
Ludwid Von Misses one of my preferred economist has luminous pages about state terrorism.
Beware consolidation of positions.
For example, one bank ends up holding all the silver shorts, then it goes broke, but all the good assets are owned by another bank that doesnt go bankrupt.
Theyre in a position to be able to set up this kind of arrangement on a massive scale.
Beware Counterparty risk – dont buy something from someone who doesnt actually own it and possess it.
Marc Authier
list your film idea on PirateMyfilm
i am continuing to develop PMF –
on another note: a major new 9/11 documentary is coming out at the end of this month. In the film I talk about ‘broke zero’ the guy who unwittingly was speculating on his own death – working in the towers, and buying airline puts – over the narrative of exposing the bankers who pocketed millions on ’9/11 options’
100% of US pension money to go into oblivion…
http://www.youtube.com/watch?v=nflb08fjwP8
100% of US pension money to go into oblivion…
http://www.youtube.com/watch?v=nflb08fjwP8
@Lek
Should also remind you that Dubai is a USA friend and a sovereign state and a ally. It’s very funny listening to all these state terrorists promoting EXACTLY the same tactics as the “terrorists” they are supposedly figthing to “protect us” and “defend” us. I make today no difference whatsoever Lek between terrorism and CIA/Mossad/FSB/MI5 etc…… state terrorism. In many respects it’s now the same.
@lek
Who knows ? You are probably a state terrorist yourself. Who knows ?
@lek
Max was reminding that STEALING the passports of allied countries with Israel for doing dirty jobs is ILLEGAL. Naturally I presume you couldn’t care a fuck. The Mossad does the same thing with canadian passports. In the past we used to be able to go to the Middle East with great ease with a canadian passport. Courtesy of the Mossad, it’s less and less the case. Lek you should be more scared by your own home grown terrorists working for the state.
How about a film about the Mossad businessmen men ?
Larry Silverstein’s has indeed strange business connections in Israel. A israeli “siloviki” like they say in Russia.
http://www.youtube.com/watch?v=EtPC0W4HII8&NR=1&feature=fvwp
“WE ARE CHANGE.” These people are heroes !
Talking about the Mossad ? How about the Mossad and Larry Silverstein ? Remember him Max ? He will soon be receiving his check from his savy investment in the WTC.
http://en.wikipedia.org/wiki/Larry_Silverstein
14 million “investment” in the WTC that racked a couple of billions in week.
WHAT A FANTASTIC IDEA FOR A FILM ! As good as Keny Boy, a another piece of shit that had huge connections with that nazi Bush and the CIA. That’s why Al Jaazeera told you, you would need three body guards.
http://www.serendipity.li/cgi-sys/suspendedpage.cgi
As you see they are starting to censure the internet about the connections of Larray Silverstein with the Mossad. CENSURED. You can guess what type of people committed 911. And no it wasn’t Ben Laden.
@Jon
The only democracy in the Middle-East if not vigilant will finish ressembling as Saudi Arabia.The real danger has always been state sponsored terrorism. This is a small incident. Remember the TV report on FOX news on september 11th ? The CIA arrested a team of Mossad agents, operating under cover as “students” applauding and shouting with joy at the explosion of the WTC towers while filming it ? The Mossad criminals even gave an interview to israeli TV a couple of months after saying they were there only “students” visiting New-York and were fiming by “accident” ? Yeah I really think that there is a Mossad connection to september 11th.
http://www.youtube.com/watch?v=II95SReCCI0
Yeah fuckin state criminals working fot USA, Israel and Saudi Arabia killed 3000 New-Yorkers. Remember september 11th. A great classic of state terrorism.
The aid given to Israel by the US is staggering! The US can no longer afford to look after its own citizens in this crisis caused by US based banking organisations let alone be expected to put the citizens of another country ahead of dealing with its own escalating problems. At some point soon this cash hand out will no doubt dry up or stop and the US will have a very angry population looking for answers and asking why this wasnt used to help at home?
The UK has foreign aid program which have operated for years and years. It strikes home that the government always put the interest of some foreign dictator before the people struggling at home. Foreign aid is basically a loose term which when investigated always turns out the funds hardly ever reach the so called humanitarian cause and invariably end up spent on weapons to be used in the killing of innocents.
Yves Smith on BNN
Does not get bashed as much in Canadian media as Janet T gets on CNBC
http://watch.bnn.ca/#clip273157
The real danger is the state.The state is the enemy of the people.
Fascinating book. “Our enemy the state.” I totally share the opinions of this author. And “Old” book but absolutely right. The main terrorist danger in the USA and Israel is our own governments !
http://mises.org/etexts/ourenemy.pdf
A classic “OUR ENEMY THE STATE.”
@Max
It would be nice to know what is the budget of the Mossad and how much this criminal organization steals from the Israeli people each year ?
And the first victims of Israeal and the USA are the civilian population robbed, pillaged, plundered, raped of their taxes to feed the pigs working for the “security” apparatus.
It would be nice to know how many trillion of dollars the CIA and the Mossad steal from the taxpayers each year and what pourcentage they touch on lucrative businesses like opium, cocaine and diamond, gold smuggling, organs sales and sexual slavery. Not juste the Mossad, ALL these “security” services are a cancer for democracy and freedom. Ron Paul is right. “The CIA must be taken out.” The same is true for about all these government killers and criminals. They are indeed. Finally you have to conclude that the KGB, now the FSB, or the Chineese Sercret Services are not the main menace to peace world. The real danger is at home.
marc authier, its the banksters. They’ve been running the show for decades. I believe the isrealis are in the same position as the usa. Were pigeons for the banksters. Its all about a bit of brainwashing boob tube and the education system mentally retarding us to be swayed by these banksters. Just have to look at the big picture of how we got here. As they say. The victors make the history.
Israel rogue state and terrorist state numéro UNO. The biggest terrorist state in 2010 is USA and Israel.
GAZA is what Israel has in store for US civilians.
Israek has decided to export to USA the way they treat the Palestinians, to USA and the rest of the world. Gaza is what your godamn bastards from the CIA,, the NSA, the FBI, Homeland Securuty and the Pentagon have in mind for the West. Israel in 2010 is indeed in the hands of quasi nazis fascsits. LIke the USA.
another super guest. Rob kirby, thanks max and stacy. Gonna have to watch this one several times to really get the drift of whats going on.
lek@, you better check out what really happened in ww2. The banksters set up hitler in the first place. Then organized ww2. Which set up the world after ww2. Israel should have never gotten trillions of usa money because they had nuc weapons. Which I’m guessing the usa gave them. Once oil was discovered in the middle east the banksters needed a military outpost which was israel. And thats basically where were at now. I don’t even know if the israel people know they’re being used by the elite banksters. The usa is just now waking up to that fact over here.
@lek
The reason you are baffled is because everything you said is completely baffling.
And when something is that baffling, it’s usually because some of the facts are incorrect the logic is faulty due to false assumptions somewhere along the line.
Good luck unraveling the mystery.
U.S. Aid To Israel
by Mitchell Bard
(Updated January 13, 2010)
‘Meeting Israel’s Special Needs
Since 1974, Israel has received nearly $100 billion in assistance, including three special aid packages. The first followed the signing of the Israel-Egypt peace treaty and Israel’s withdrawal from the Sinai. The redeployment of Israeli forces and rebuilding of air bases in the Negev cost $5 billion. To partially compensate for this sacrifice, Israel received $3 billion ($2.2 billion of which was in the form of high-interest loans) in U.S. aid in 1979.
In August 2007, the Bush Administration agreed to increase U.S. military assistance to Israel by $6 billion over the following decade. Israel is to receive incremental annual increases of $150 mllion, starting at $2.55 billion in FY2009 and reaching $3.15 billion per year for FY2013-2018.’
http://www.jewishvirtuallibrary.org/jsource/US-Israel/foreign_aid.html
What will isreal do when america goes under?
Rob Kirby comments on the CTFC silver manipulation issue…what is the Canadian equivalent of the CTFC and COMEX? I wonder what story their stats tell.
@lek
I love the smell of fresh astroturf in the evening.
Max: So what if Israel did kill this terrorist? Good for them. The real qustion is why is Dubai harboring this guy in a five star luxury resort when he is wanted for murder? Wha else can you expect from Israel, a country that is being attacked by people who want to kill them because of their race and religion? The way I see it is this: Israel is a productive domocratic nation that turns out new product innovations, patents and nobel prizes by the bucket. It is surrounded by racist Arab supremicists who sided with nazi germany in world war II and who could not have careed less who the British gave “palestine” to until they heard it woudl be the jews. And what about all the jews kicked out of arab controlled countries even though they had lived there thousands of years before? I admire the Jews for refusing to die and standing up to all the propaganda and genocide. They kick ass when someone comes to kick their ass and they mind their own productive business when people leave them alone. You do good work on the financial scandals but you are way, way off base when it comes to zionism and islam, The whole left lovefest with islam really baffles me.
Debt-laden Australians seek help
http://www.stuff.co.nz/business/personal-finance/3387871/Debt-laden-Australians-seek-help
The BankSlayers are coming for the Neo Feudal Trans Global Gods of Fiat printing for Criminal Poncy Schemes leveraged on Fear…
The BankSlayers are coming for the Neo Feudal Trans Global Gods of Fiat printing for Criminal Poncy Schemes leveraged on Fear…
With the new Religion of the white coated “Gods” of Science and the masses praying to the News repeating Priests of “magic”…..WE ,still need to stay ahead of the Neo Feudalist overlords of Eugenics and the raving mobs of debased Zombies who are going to look for engineered scapegoats as “their” Artificial culture is molded into the Neo Huxlian Greene happy slave Agenda…, or as Celente saiz “when the Mob has nothing to loose,they will loose it”…..batter up….
http://www.youtube.com/user/walstreetpro2
The Bubble that broke the World by Garet Garret.
http://mises.org/daily/4117
Holy Bat-Guano…
Here’s an interesting paper of a speech by Hervé Hannoun
(Deputy General Manager, Bank for International Settlements) with graphs showing different national debts as a % of GDP…
MIND BLOWING!!!!
TOWARDS A GLOBAL FINANCIAL STABILITY FRAMEWORK
http://www.bis.org/speeches/sp100303.pdf
We need to accept that there is still a business cycle. No country has managed to eliminate the business cycle, and we therefore need policy frameworks that respond countercyclically to fluctuations in the real economy.
…
At the BIS, we use the expression the “paradox of financial instability” to describe the situation where the system looks strongest precisely when it is most fragile. This was the case in the build-up to the current financial crisis. The Great Moderation in the volatility of output and inflation produced a false sense of comfort and an illusion of financial stability.
Words like “Financial Instability” give Steve Keen a hard-on
I’m fucking XLVII!
and I’m fucking going to bed.
Bonn, lol . . . have no fear, Underdog is here!
Sticks and stones
can break my bones
but words
will never hurt me . . .
Max could take any side of a debate and kick the ass of his nemesis in a limited time span. The man is smart. However, time and reason will usually prevail and no one is ever 100% correct all the time. Heck, Max liked Obama way back when . . .
@ Dan II
I am always frightened to confront Max on CC cause he tends to have a facination with feces and TP’s when it comes to CC’s
lololololololol
Hic
& I can bet me arse he is invested in CC’s
@Bonn
Max needs to make a statement that he has no vested interest in carbon credits or cap-n-trade. His stance puzzles me. I hope Max has not come to the conclusion that end justifies the means on the Earths environment.
Global pollution and wasted resources do not equal a climate catastrophe caused by man. Legitimate concerns are neglected when we focus on fake science.
Obama’s Budget Underestimates 10-Year Deficit by $1.2 Trillion, CBO Says http://www.bloomberg.com/apps/news?pid=20601087&sid=ar0D7IfSu0DI
@Dan II
Just hear that the guy was on drugs – anti depressive. They always are those lonely shooters.
@G_B
Thanks. These numbers are mind-blowing. Wonder why they’re making a lousy $10 million/year.
Note Max’s guest, Rob Kirby, is Canadian.
http://www.kirbyanalytics.com/
@ Maxy boy was just tinkin
Ya got Stolkholme sindrome as well
Hic
On ta carbon credits thingy
Ya have repeatedly had Govt’s tat lie but ya still belive in ‘em
lololololololol
Hic
How ABC News’ Brian Ross Staged His Toyota Death Ride
Brian Ross, America’s Wrongest Reporter, has been credited with owning the Toyota recall story, including one memorable report with Ross behind the wheel of an out-of-control car. He did it by splicing in staged footage to make it look scarier.
Japan is not buying enough Treasuries and the new government is giving the military headaches about bases in Japan. A few key members in Japan’s government are pointing out that 9/11 events do not square with the official version. Japan is on the shit list.
http://gawker.com/5486666/how-abc-news-brian-ross-staged-his-toyota-death-ride
To heck with the house, I need that credit card – More consumers are choosing to pay credit cards rather than their mortgage http://www.marketwatch.com/story/more-people-skipping-mortgage-to-pay-credit-cards-2010-03-05
@GB,…. I think valuation is over stated some what!,…hmmm ,.brain closing down,m..conflict,..wrong speak..conflict,..wrrr hmmm ,…
@dedo
Touche’
You sharpen my pen.
Thanks
According to this little page from the BIS
http://www.bis.org/publ/qtrpdf/r_qa1003.pdf#page=126
The total OTC Derivatives market was valued at $1.126 QUADRILLION in 2009
Again, though, it depends on how you look at it…
this is a measure of the TURNOVER
the actual amount OUTSTANDING is far less…
They don’t call it complex for nothing
@under…….okay,.you caught me,…but next time,.i’ll whip your asssssss
Be ware,..I’m watchin’ ya,..: )
@Youri
Perhaps he was controlled in order to influence events . . . or he may have underestimated the response. You have but a few seconds before return fire is initiated when shooting at trained and armed men or women.
Anyone can hide a weapon and do what he did, regardless of laws. We are not safer by disarming reasonable people. We are less safe and at the mercy of rogue individuals or tyrannical governments.
@dedo
my secret?
Irrational exuberence.
Picked it up in chicago.
And, I think you meant ‘profits’ are immune to ridicule.
@x
The derivatives story has fallen out of the lime-light somewhat over the past 6 months…
but here are some places where you can get info
(this is from March 19th 2009)
http://www.mi2g.com/cgi/mi2g/frameset.php?pageid=http%3A//www.mi2g.com/cgi/mi2g/press/190309.php
1. Listed credit derivatives stood at USD 542 trillion, about the same as before; however
2. Over-The-Counter (OTC) derivatives stood in notional or face value at USD 863 trillion (UP +44%) and include:
a. Interest Rate Derivatives at about USD 458+ trillion (UP +16%);
b. Credit Default Swaps at about USD 57+ trillion (DOWN -1%);
c. Foreign Exchange Derivatives at about USD 62+ trillion (UP +10%);
d. Commodity Derivatives at about USD 13+ trillion (UP +44%);
e. Equity Linked Derivatives at about USD 10+ trillion (UP +17%); and
f. Unallocated Derivatives at about USD 81+ trillion (UP +14%).
and of course, the BIS (Snoot’s favourite banksters) with their semi-annual stats
http://www.bis.org/statistics/derstats.htm
The last time I heard anything about the derivatives market, it was apparently going DOWN, which would make sense considering the M3 values posted by Shadowstats…
but trying to get up-to-date info is difficult…
perhaps someone else can elucidate upon the matter better?
@Dan II
Better go for the “eye of the pyramid”.
@Dan II
That’s what I thinking and above all he didn’t even get the quota of “take two with you”.
I think it was a mind control victim cause with one brain cell more you he could have taken out far more people and the wrong ones.
The Pentagon shooting is a prime example of why an armed populace is desirous. Imagine that same shooter armed with his two 9mm hand guns in say . . . your local mall. Unfortunately, the shooter chose a location where people could fight back.
Sun American Bank becomes 23rd failure of year 5 March 2010 (MarketWatch) http://tinyurl.com/yce3yl9
This is funny
and so true
and so sad…
but still relevant!
http://www.youtube.com/watch?v=c3_95F5e-Ac
oops, forgot to close the bold tag . . .
“FAST” Coming to an Airport near YOU! – Future Attribute Screening Technology: The Machine That Reads Minds!
http://www.sott.net/articles/show/204119-FAST-Coming-to-an-Airport-near-YOU-Future-Attribute-Screening-Technology-The-Machine-That-Reads-Minds-
Subversives will be pare-screened and pre-tortured.
@under the fundamental,.. of course,.you would see it that way,..
what ever works for you,..
let us in on the secret!,..: )
All prophets are immune to ridicule,..ask any follower!
(whoops……those toxins,..my apologies)
FDIC shuts Bank of Illinois and Waterfield Bank bringing the total tally of failed banks to 25 this year http://www.marketwatch.com/story/fdic-shuts-bank-of-illinois-and-waterfield-bank-2010-03-05
See Also: FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html
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
@crummy, thanks for the advice
@dedo thanks for the compliment
XIX
I’ve always thought integrity a worthwhile project,…..but hey,..what’s in a word!,..: )
@marietta,…..I didn’t specify which posts,…but your reaction (I know,.boring) speaks volumes,…
Personally,.I think your posts are cute,..
@underfundedmentalist
Here’s an old school tip I learned from a prostitute,
“Drink some penicillin before you have three bankers.”
@TUFM,..yep,..you seem to know ,..huh!,..clever little pup’ ain’t ya?
dedo
here’s an old school tip i learned from a banker,
drink some milk before you have three martinis.
Yep,.preparation,.is good for the soul,……so they say!
Personally..I’m not in the same league,..go figure
@ dedo
My apologies if my posts have contributed to any toxicity. This site has helped me develop a cast iron stomach though when it comes to dealling with bad news.
If it dont’ kill ya, it just makes you stronger!
That’s a lot of deflation to get through before you start to reach tangible assets
I read posts on this site,.and it helps bring on the toxins in my gut!
So in that respect,..it’s quite the facilitator! (it’s useful)
A question for Stax and Macy
Does this site do the same for you and yours? .
@x
Here is “visual” representation of the sum total of the shadow debt (including derivatives) from the website Run to Gold:
http://www.creditcontraction.com/images/affiliate/Great-Credit-Contraction-Liquidity-Pyramid-Large.jpg
Kinda scary.
@x
it is not so much a dark pool of deriviatives, as it is a galactic black hole of debt, do we have a quadrillion of anything above the sub-atomic level, sand? ants? reminds me of the currency used in battle star galactica, ‘credits’.
…top ten…
Have y’all seen this from Mish?
Banks may be hunkering down and getting ready for big wave of failures as Feds crack down on nonperforming loans.
http://globaleconomicanalysis.blogspot.com/2010/03/construction-developer-says-banks.html
Mr. Kirby:
‘World’s derivatives market is over $1quadrillion’
wow
1 quadrillion=1,000 trillion
= $ 1,000,000,000,000,000
Is he saying there is $1 quad worth of derivatives floating around?
@ Max, Stacey…..just have to say, I fookin love this site!!!
Not last….
первый
Perviy (first)