Stacy Summary: Interesting blog post from Mish about what looks like a coming wave of FDIC bank takeovers in third and fourth quarters. Anyone here have inside knowledge on any of the matters raised in the post? Oh, and good morning!
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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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this is why deflation will keep raging
for every trillion in bailout money printed, the banks will continue to “find” 2 trillion in bad debts that they did not know existed before; “surprise.”
the official money supply increases but the unofficial debt hole is increasing faster.
if the US were on a gold standard, this would boost the value of the dollar, but since the US and the world is off the gold standard, this is killing all fiat currencies and boosting gold prices.
@max
you where ranting about the catholic ponzi scheme..Ever realized that Mozes may have been the first Ponzi to have walked the earth? Selling the ‘The promised land’ future, for which people suffer to this day..Talking about futures contracts is small fry compared to the 2000 year (4000 year) contract Mozes still has not managed to honour…
which, by the way; begs the question, is the world really off the gold standard?
eventually, the globe will have one of those V-8 moments and realize that the reason gold is at 5,000 is because it never left as being the center piece of the global economy.
This would be the beginning of phase 3 of the bull – and probably a good time to start to lighten positions – as gold breaks out to 10,15,20,000 – hard to tell exactly where the blow off top will come – but you need to lighten up on the way up to avoid getting caught up in the 50% drop that will occur after the ultimate top is reached.
It’s all good for now – as we climb the wall of worry up to 5,000
@Mish’s blog
I’m surprised Mish didn’t comment more on that information.
Looks tome like there is pressure from the top which will force smaller banks and clients to fold …
e.g. :
#1 the smaller banks will effectively pressurize their “Clients” to fold
#2 the Property rights will move to the smaller banks
#3 the bigger ( FED Club ) banks will take over the smaller troubled banks
Same old game … “Real Asset” grab …. from the BigMoney sharks.
The fact that the FEd. Agents wanted that “healthy” bank to close in on their “healthy” clients …. just because their credit core was slightly down … makes the point quite clear IMO .
BTW … just like the Rating-Agencies (wrongly) up/downgrade Cos. ( , same game here … Private Person’s Credit Scores were “wrongly” downgraded over the last year :
a) to charge them 29.9% interest on CC balances
b) to make new lending more expensive.
Most of the US BigBanks are crooks …. time for a radical change IMO.
@Max
If you send an alias to [email protected] (must be secret) you can post directly to mygoldprediction.com You only need to enter the alias and submit once. I will add delete and update functionality this weekend..You will only see your own alias. Of course if you’d care to invest..
And that is why the Fed has ordered a 7 day restriction on bank withdrawals.
http://www.prisonplanet.com/citigroup-warns-customers-it-may-refuse-to-allow-withdrawals.html
@Max
Raging deflation and raging lies.
And the manipulated stock racket going up like the rotten and viciou clokwork orange it is. Raging deflation hidden with programmed increases in phony stock markets increases.
No inside information Stacy. It’s illegal. Yeah I have one. It far worse than that.
Sometimes I really think that the USA is runned like Russia under Staline. Numbers anyways are today meaningless. ENRON is the rule today, not the exception. Love the Special Purpose Entity expression. Makes me think of an extraterrestrial life form. Does the FDIC use SPEs ? I wouldn’t be surprised.
FDIC is like the tasty experience of vomit. Sheila is a damn liar anyways.
It’s probably double !
“Yet the bank stated they would only give him until April 15 to find alternative financing.” 1st quarter estimated tax payments are due for 2010 on April 15th…
“If he is unable to obtain this backing, the bank will let him walk away without penalty or consequence so they can write it off.” Accelerate to $0.00 and utlize the loss as a tax credit for taxes due, see above…
It’s a tax squeeze…
Gold – dollar since 1913, or my take on it anyway:
http://davemiller.org/drawings/diagrams/usdollar_gold_since_1913.png
Is it accurate?
“Truther” killed in Pentagon shooting.
http://warnewsupdates.blogspot.com/2010/03/911-truther-killed-in-pentagon-shooting.html
While the real terrorists at the FDIC are hiding the facts, I have a prediction for Lek, that state terroriste. The “truthers” and Alex Jones will soom be classified by the fascists goons running this country as “terrorists” organizations.
These “terrorists” are quite useful to hide the real terrorist: the bankers and the politicians. Minimal investment with one guy. Expect naked body scanners in ALL government offices, the metro, the bus. Hey why Wal Mart while you at it ? I am sure that they will say it’s quite cool to cathc the shop lifter.
in a non-gold standard economy – creation of money – and the ‘speed’ of money lending supports the dollar – as the value of the economy is primarily determined by the GDP-enhancing efforts of the money spinners in the finance sector that engulfs most of the output of the economy (wall st. = up to 40% of US GDP depending on how you slice it).
when the credit seizes up – as it has starting in 2007 – the primary force of the economy – money spinning – dries up and deflation sets in – reducing the value of the remaining dollars – that only have value as instruments in a ponzi scheme. No dollars have any intrinsic value (they are not convertible into anything of intrinsic value).
deflatioin therefore drives the price of dollars down and gold up
those who are argue that deflation is good for the dollar and bad for gold make the mistaken assumption that there there is some end to the amount of dollar-destruction – but now that the interest on the bad debts are greater than the GDP itself (inclusive of shadow debts) there can never be an end to the deflation.
We already see this in the technology space where gilder’s law and moore’s law of chasing a price point called zero – down the asymptotic curve continues unabated.
The price of processing speed, transmission and storage of elections will never stop chasing zero; so too dollars. The value of dollars will never stop dropping.
The next humongous environnemental fiasco ?
http://prudentbear.com/index.php/guestcommentaryview?art_id=10350
It’s related to massive CO2 emissions needed while building that Greepeace loved “clean clean clean” energy. “CLEAN” energy is anything but clean. Check the facts. It’s not written by coal producer. The hard facts are exact. Green energy ? Not quite. Not at all. More brown as coal ! than green ! I hate to be a party pooper. But facts are facts.
“The answer is not blowing in the wind.”
Hi Max, love your show.
Please take 30 minutes to watch this video. It is of Governor Chris Christie addressing a group of mayors.
I wish he was our President. This is the type of leadership we need.
Do you think Goldman Sachs would give this guy $994,795 like they gave to Obama or the $230,095 given to McCain?
http://njn.net/television/webcast/ontherecord.html
@Marc
You could wonder why a gaspowergenerator (engine, generator and electronics) is about 400 bucks while a stirling generator (with the same parts and power output is anout 20.000 bucks. If the industry whines about lack of oxygen that is because they are at each others throat. Banks keep them there..
Wind is a strategic mistake, to easy to destroy..
Dear Mr. Keiser,
Your comments are very interesting and I watch your reports quite often.
However, I must tell you that you speak too fast and absolutely not clear.
Don’t
forget that neither russians nor foreigners in general don’t speak as fast
as you
do and I believe your program is not only aimed at american public.
My best regards,
L.
@Marc
And another thing: We have no choice but to stop burning things.
Hey Max did you know that Ponzi first operated his rackets in Montréal ? We put him in prison for 3 years. Ponzi fled from Canada to USA. Ponzi should have received the Nobel prize of Economics. He invented modern western banking. As long as the value of other paper currencies do the same thing as theUS dollar but at higher rate of destruction, there is for the moment no real problem. It’s completely pervert reasoning. I know. Ponzi’s life is quite an interesting story. They should make a film about his life.
hi Max
Firstly i appreciate your entertaining and informative way you and stacey of presenting economics.
I’d like to if possible get you to post on your website (rather than just email me back, share with the people!) a list of key banking acts/laws, books, people ect that have influenced your personal opinion on economics and what you think is key for people to know(even if scraping the surface).
As much as i agree with you and by including on the show a continious flow of other people i respect (pilger, Perkins…). I would also like to conduct my own further research into your area of expertise.
keep up the good work, from England, Luke
MK: I created my own economics with;
1) virtual specialist tech
2) karmabanque
3) piratemyfilm
You don’t need to follow anybody’s economic theories. You can create your own. Money is plastic and can be shaped and sculpted into anything you want it to be. This is a lesson that is completely lost by “progressives” and “liberals” who mistakenly believe that they have to ‘rework’ the current system instead of simply creating a new system.
The only conclusion I have come up with as to why is that most people prefer the comfort of jail vs. the disorienting feelings that come with true freedom.
So – instead of a permanent free society we end up with cycles of dogma and enlightenment – each going too far – and giving birth to the other in a never ending cycle of frustration uncharacteristic in any other animal but us. God laughs. We’re his reality show.
I don’t think I posted any of this before; from chapter 2 of my novel “Buy Love, Sell Fear.” This is completely unedited . . . and still in a state of consciousness streaming.
CHAPTER – 2 FAITH
Everyone had written faith off as just one of God’s cameos. Nobody paid attention to it anymore. People had become resentful and disillusioned. The junkies uptown felt cheated without even some false hope at the pay-check advance store to feed their denial; so they shot up more fake dope believing it was real. Downtown, where the drugs of choice were Asset Backed Securities, self-loathing and Arugula the situation was worse. Worn rationalizations had replaced faith. Nobody questioned their sorry state of existence anymore. Decrepitude and uselessness had hope by the throat. The order of the day had become to permanently lower one’s expectations. What was once taken for granted was now just taken. No where was this more evident than way, way downtown on Wall Street where new ways to take what was left were being perfected under the rubric of ‘financial engineering.’
Some asked, where was the Big Guy in all this, and why doesn’t he send us something new to take our minds off the minutia of obsessing over exfoliating dead skin cells at $400 an hour, and avoiding partially hydrogenated cooking oils and/or carbohydrates.
But God didn’t answer. Earth bored him. He was happily tanning himself in the psycho-tropics of everyone’s collective denial of His existence.
Even so, faith was alive, even if people chose to ignore it.
The big, fat rays of sunlight tumbling out of the sky, passing sun reflectors scattered on roof tops held in the hands of ‘creative executives’ who worked in the marketing departments of movie studios in midtown had some of it but it went unnoticed at three star lunches of goat cheese discussing eight figure deals.
With nothing to grab onto in this plane of existence of any consequence, sunlight shining down from above, would just jet through Earth unnoticed. But today, hidden in one of these rays, came a supernatural ray; faith’s redeemer, fear’s destroyer – and it was heading for Jack’s kitchen uptown.
Nobody except Butter Candy the angel saw it coming while the cynical hoi polloi saw only uninspiring yellow no. 5 form the center of the Solar System, reminding them of open air malls in LA and sunlight’s supporting role in bad cop shows and exercise videos.
In Harlem, home of the nation’s soul, sunlight had a tough time escaping its reputation as a reminder of unemployment , so nobody really looked at sunlight uptown either. They watched TV instead.
So nobody, and I mean nobody, noticed that inside one of the rays shining today was the supernatural bit that would spark the new, supernatural faith fire, and faith-backed currency in Jack and humanity’s mind.
9:30:00001 AM.
Fear’s reign in mankind’s sorry ass universe was about to have its first clash with the angel’s new faith virus currency. This was in fact fear’s last moment to enjoy its self-obsessing, self-absorbing monopoly on dread.
Jack Kingman, “the-fucked-in-the-head-honky-bitch,” as his friends uptown called him, took a step closer to the window. He pressed his face to the pane and saw fear. Then he stepped back.
9:30:00101 AM.
Jack steps back to the pane. His curiosity about his jive-ass neighbors gets the better of him. He sees one of them on the street standing in front of Brands looking up at the moon; still lit, and as big and bright as anyone uptown had ever remembered seeing it.
Jack presses his face to glass. As his right foot touches down on the spot where the linoleum falls short of the floorboad his head lines up perfectly in the path of the incoming, tiny, asteroid of anti-anti; smaller than smoke; traveling faster than light, cruising along a vector that stretches back to the nucleus of the universe – and the beginning of time. In less than a nano-second, Jack will experience in the flesh, a little taste of truth – a tiny, cosmic missile from a parallel universe that weighs tons without mass.
9:30:00023 AM.
The teeny asteroid slips through the quarter inch thick pane of Jack’s kitchen window, then the quarter inch thick bone of Jack’s cranium, then penetrates Jack’s brain simultaneously invading the collective unconscious of Jack’s species – thanks to humanity’s universally connected mind-ways of mass-consciousness; a concept understood by Australian aborigines and other prehistorical tribes, explored abstractly by Jewish mystics, and later made famous by Carl Jung with his theory of synchronicity – before ultimately commercialized in the free world as the World Wide Web.
It is this intellectual inter-connectivaverse of the human species that allows for intelligence systems like languages to spread almost instantaneously and without political or bureaucratic interference; obeying the laws of their own perfect, frictionless economy of hope and love. Thank God, or we’d all be fighting trademark infringement cases over every spoken word and gesture, and the world would be populated with clones of Bill Gates trying to monopolize and extort free speech to pay for stolen art and image collections.
The angel knows how to take advantage of the collective unconscisnous-connectivity of mankind’s minds – humanity’s greatest untapped resource – to achieve a truly humane, beneficial outcome via the upcoming insurrection of love – that will bust fear’s casino and beharioural economics monopoly forever.
The angel muttered to herself, ‘Instead of taking the economic risk of having a costly original idea, people simply paid the nominal fee to their local wireless company to march lock-step into an oblivion of triviality. Fear saw problems that didn’t exist and reacted to threats that never happened. It mocked life and clogged the soul with corrosive rot.’
She continued;
‘When Chris got mugged this morning on his way to the ‘A train,’ his fear quotient, or ‘FQ,’ rose by 10,000%. This 10,000% rise in Chris’s FQ – - due to the interconnectivity of all men and women’s minds – - raised the FQ of the neighborhood, which in turn raised the FQ of the city, the country, and all of humankind; not in a huge way, but enough to dilute faith some.’
Jack tried to listen to what the angel was saying in his head;
‘Faith is being diluted to death by fear being pumped by fear’s central banker, the devil, Alan Greenspan at the Fed in Washington D.C. And since there is no corresponding rise in faith or fear sterilization open market operation, fear’s dominance grows. This is how, over time, language the preeminant accomplishment of mankind’s embrace of faith got co-opted by fear. Faith became speechless and broke down into empty ritual.
‘The new faith based currency virus will create a new faith based coin by, in part, changing language itself, giving faith the edge on fear with a reverse split for faith driving its price past Berkshire’s. Chris starting channeling Butter Candy, ‘When you multiply Chris’s rise in FQ times all the muggings in the world, whether on the street or in corporate boardrooms around the globe, you can see how quickly fear multiplies, while the hoped for counterbalancing force of faith never catches up. Looked at in another way, before there was language, humans saw a common field of indisputable natural beauty and immutable cosmic truth. They silently genuflected with each breath they took – living life in a state of pure wonder. Words would get in the way. First came the word fear, than the word faith was invented, but it was too late. It’s all in Genesis. Adam and Eve – the transistion from no words to words. Eden to Enron. “Apple” went from a state of unquestionable, unimpeachable, apple-ness to ‘something’ named apple. Adam and Eve were separated by words, not sin. Sin didn’t appear until it was named. Put a string of worlds together and you have a snake. Live in a word plagued by words, imprecise and slithering in our minds – carving up the group think, the common mind, the collective faith consciousness.’
Jack started channeling Butter Candy, ‘Myths and legends are meant to defeat words – to defeat fear, to go back to before the apple: pre-apple. Red, round, edible object Eve uttered and it passed immediately from Eve to Adam and with it, abstraction. The word ‘apple’ had trekked the distance of two minds and established the idea that minds could have a distance apart. ‘Personality’ and ‘individuality’ were created and destroyed Eden. God didn’t expel Adam and Eve from Eden. They walked out on their own holding a dictionary. With each new word invented, the possibility of perfection became more abstract, more unknowable. Eden appeared further and further in the rear view mirror until it vanished.’
Chris jumped in, still channeling the angel; ‘The dictionary was invented so that people could more precisely verbalize how little they knew. The word faith, was a problem because faith inspired silence. But if faith could be commoditized and traded and turned into fear there would be no end to words and the collateralized guarantees that came with them and the fractional truth bankers would make money. But the new faith based viral currency could be used to take hopeful positions outright or to hedge exposure to fear, or to outright speculate on fear’s collapse. Fear could then be sold off into bankruptcy like a naked short selling raid on some illiquid over the counter stock. If the angel’s virus could convert all the world’s pent up, unused faith into a fully convertible faith currency that could be traded effortlessly, freely, and frictionlessly – virtually – between human minds, then fear would have trouble continuing as a viable business model into the 21st century. Faith dollars could finance a return to a mute paradise: Eden 2.0.
Jack picked up the channeling; ‘Look at the lilies in the field, they neither spin nor toil.’ Of course not, they were exchanging faith dollars amongst themselves over the invisible network of faith that transpires between all things living and not.’
@Mother Earth
And to stop burning things you will have to go MASSIVELY nuclear like Charle DeGaulle and France did. Yeap. The future is go nuclear. Tchernobyl seriously, killed less people that coal or oil. Go nuclear, Go train, Go metro. Go TGV. Go bicycle. Go simple life. Go small. Go philosophical. Go spititual too. I blame a lot of these greeenies because they only think taxing consumers and externalizing costs. It mus be done intelligently without the “help” of blood sucking Al Gore and the giant squidd. A revolution of spirit not just big stupid corrupt world government and jet set banksters. It’s the only problem Mother Earth.
Burn less but mostly think more.
Hi Max,
I appreciate your analysis of what is happening in the financial world which affects wage slaves like myself.However your omission in the IceSave case is becoming a bit all too biased and is even out of line with your own theme of savers vs. speculators.What you leave out is that most savers in the island savings debacle/ponzi scheme were savers, wage slaves like most of us who wanted a better return on their savings.As a saver you are protected against failure of a bank by the central bank, at least in the Netherlands up to a certain amount (20k I believe).The Dutch central bank actually wanted to warn the savers from the risky IceSave but were not allowed due to regulations preventing to cause a sudden bank run!The Dutch government reimbursed the small savers but at their own expense which they want to reclaim from the Icelandic government that obviously failed to monitor their own banks (okay all governments failed miserably the last decade).So to
paint the IceSave savers as nasty speculators is a bit of an exaggeration from your side if not a complete misrepresentation from you Max, the very savers you try to promote!All parties involved have butter on their heads because they were almost all joining in the spending bonanza of the last decade including the Dutch and Icelandic people.I was not an IceSave saver, I am Dutch but am not proud on my country, but I think you should tell the whole truth and not part of the truth because credibility must be your main strength.In this case, for me at least, you are not credible, and that is too bad because I think you make good credible points overall, also thanks to your excellent producer Stacy (behind every successful man…).So drop the bias Max and hammer on the theme of financial terrorism, because that is spot on!Best regards,
Douglas aka Thunder Preacher
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HI max my name is Mathieu I am french-canadian and I would l;ike to know what’s going to appens whit the canadian economie
I know that the interest rates are very low and we maybe creating “hell of a buble “tanks in advance
by the way i dont miss a show I also watch the keiser report!!!
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re: Great Show with Ellen!
As a member of Ellen’s (very busy) Public Banking Group (http://groups.google.com/group/public-banking) and the originator of Florida Democratic Gubernatorial Candidate Farid Khavari’s State Bank Petition (http://www.change.org/actions/view/let_the_sun_shine_on_a_state_bank_for_florida), I listened to your interview with Ellen with both interest and excitement.
You might also be interested in some of my work as a Senior Editor and Writer for Op Ed News, including my latest hit article: “The Least Productive People in the World.” It’s not who you think! You can read it here
http://www.opednews.com/articles/The-Least-Productive-Peopl-by-Scott-Baker-100220-21.html
or in the Georgist Magazine, GroundSwell (I am a second year student at the Henry George School here in New York City and also an active member of the Georgist activist organization, Common Ground – NYC). All of my 63 articles on Op Ed News (a Technorati Top 100 Blog and Top 100 Political Blog) can be found here
http://www.opednews.com/author/author24983.html
Obama seems to have decided that the solution to our economic crisis is to repeat the mistakes of the past on an even grander scale, and to embrace corporatism (which, Mussolini said was what Fascism really ought to have been called in the first place). Everyone, from far-right Teabaggers to disillusioned leftists realizes something is very, very wrong, though their misunderstanding of how the economy and monetary policy actually works, makes their answers more angry than helpful.
Thank you for being a clear voice of explanation in a world of empty hyperbole. I’ll have to catch your show from now on!
Scott B.
Microsoft wants an internet tax to finance cyber “security,
http://www.tomsguide.com/us/Microsoft-Internet-Tax-PC-Malware,news-6002.html
Cool ! Another tax for all of us slaves. Bill Gate is a fuckin nazi. I am not surprised at all. The next step will a tax to be paid by the number of letters you type on blogs and your e-mails. Nazi USA. Yeah it’s justified for Microsoft.
after the fall of all fiat currencies
this page on bloomberg will disappear
http://www.bloomberg.com/markets/currencies/fxc.html
and what’ll see are ten different commodities with the cross-rates posted between them; as things like oil and gold become currencies and replace all fiat currencies.
this is why oil and gold are going up in price . . . the world is going back to a barter system.
but it’ll be technologically enhanced barter system where the cross-barter rates for all commodities will be posted in real time. but there will be no fiat currencies.
local transactions will be done using swipe cards tied to commodity baskets that comprise ‘wealth’
Stop burning things
Why
MMGW has been shown now to be a money making hoax
So what’s the problem. As long as it does not pollute (and CO2 is not a pollutant).
Microsoft was never really sued or put our of business for MONOPOLISTIC predator activities. Microsoft is exactly the incarnation ot what’s wron with capitalism today.
“FDIC bank takeovers” or is it pillaging remaining wealth thereby proceeding per plan of evisceration of the US “middle class” (to better prepare and fit it into the “new and improved bankster controlled global government” scheme
Commodity based global currency would be a fantastic idea to stabilize things. An idea by a canadian Nobel prize winner Robert Mundell. I thinks he now lives in France today. Still alive. I find that this idea makes a lot of sense.
@RJ
Ok the CO2 is a hoax. BUT……….
That being said, breathing coal fumes dude, ain’t good for the lungs and the brain. Never travelled to China RJ ? You should.
@Max
Im in total agreement, how can it be said that we were ever of the gold standard in reality. Evidence that we never left the standard is found in banks attitude and control.
It all comes down to the dishonouring of contract, and this failure of trust is going to shake the meaning and the value of many promises.
Our political, financial, and media have failed and have destroyed the very foundations on which they live, through being relentless dishonesty, corrupt and holding to false doctrine. Oooo dear, its feels more and more like its going to be rough, I don’t know what to think? Run for the hills?
Cool ! Another tax for all of us slaves. Bill Gate is a fuckin nazi.
Bill Gates is just part of another team
The problem is not Gates it’s the lack of awareness by what you call the slaves
Slaves have got to understand what’s going on. If the slaves wake it then the elite will back off. And some may even side with us.
The problem is many slaves are still asleep (or are attached still to the Matrix). Some still don’t see the hoax behind MMGW yet.
Marc
I said the problem is pollution
So if coal is used use clear burning technology.
Which China is not using it seems so moving all manufacturing to China and also selling coal to them is not smart
And I agree with the Nuclear option but it seems that the current greenies are also against this as well.
Last week it was Joe Stack in his plane slamming the Austin IRS building and now this.
http://www.alternet.org/story/145928/pentagon_shooting_yet_another_sign_of_boiling_anti-government_sentiment
Massive boiling anti US federal government rage exploding. Absolutely. And in Europe I expect the same thing will happen against the Eurocrats parasites.
Oui enemy the state. The loving government want your good. In reality the government wants your good: you pension plan, your savings, you house, your jobs, your kids (for war meat) and eventually hey ? (Why not ?) your organs.
You have to be paranoid when it comes to the state. State is runnned at the TOP by crooks. Old news indeed. Desperate people in the US. Indeed.
Sunday, February 28, 2010
Mr. Larry “Pull It” Silverstein…Did You Commit Insurance Fraud On 9/11?
Arson Is Always An Affirmative Defense In The Property Insurance Contract…DID YOU HEAR THAT INDUSTRIAL RISK INSURERS AND OTHERS DUPED IN THIS 9/11 FRAUD?
Nano Thermite…the Grand Daddy Of All Arson Fire Accelerants Found In World Trade Center Debris
A few days ago I watched the Architects and Engineers for 9/11 Truth press conference recorded on February 20, 2010 in San Francisco. I don’t know about you, but when I watched the towers collapse on 9/11, it looked a lot like videos of controlled demolitions I’d seen in the past. I know, we are suppose to believe that two commercial jetliners brought down the towers. Hell, we’re even suppose to believe that no jetliner at all took down building 7.
I’m not an engineer, architect or physicist but it just didn’t seem possible that a fire could cause the near free fall collapse and instant pulverization of hundreds of thousands of tons of steel and concrete. After watching this press conference it was good to see I’m not alone. Apparently over 1,000 architects and engineers do not think this is possible either. They believe the collapse of these buildings was the result of controlled demolition.
Here are a few things I learned watching the press conference. No steel structure buildings like those at the World Trade Center have ever collapsed as a result of fire. What a coincidence then that in a single day not one but three buildings would fall. Apparently, skyscrapers in Madrid and Beijing have burned since 9/11 but did not collapse.
I recall reading months ago that nano- thermite had been found in World Trade Center building debris, but in this news conference I learned that these highly energetic/explosive materials are produced only in military laboratories in the United States and possibly other allied countries. If that doesn’t put a chill in your spine I’m not sure what will. The discovery of these materials in debris samples is very important. You can talk about controlled demolition until you are blue in the face, but without evidence of incendiary or explosive materials, you have nothing.
My first thought after seeing this nano-thermite revelation was of WTC owner, Larry “pull it” Silverstein, who effectively took ownership control of the towers six weeks before 9/11 . I more recently learned Mr. Silverstein is a close friend of Bibi Netanyahu, the Prime Minister of Israel and the man I have previously referred to as the Co-Butcher of New York. It then occurred to me, that those who insured the towers now had everything they needed to defend against the claims made by Silverstein on the basis of insurance fraud.
In order to assert an arson defense in response to an insured’s claim an insurer must establish three factors.
1. The fire must be incendiary in origin.
2. The insured had the opportunity.
3. The insured had a financial or other motive.
Incendiary in Origin
With the discovery of significant quantities of nano-thermite in the dust and ash of the World Trade Center debris we have considerable evidence that the building destruction was intentional and incendiary in origin. Although the controlled demolition of the buildings was first preceded by crashing commercial airliners there is considerable evidence that Mr. Silverstein and more importantly his close associates knew or should have known about the coming attack. With the discovery of extreme explosives in the World Trade Center debris it now appears likely that they had an active role in planning the attack and the resulting building destruction.
The Insured Had the Opportunity
Mr. Silverstein effectively took control of the twin towers six weeks before the demolition of his property. He had acquired a land lease and built building 7 long before acquiring the lease for the twin towers in the summer of 2001, however. Mr. Silverstein was awarded the twin towers lease in April. Although the lease was first awarded to another entity, Lewis Eisenberg the chairman of the Port Authority was apparently in charge of overseeing the negotiations which led to Silverstein being granted the lease. With control of these properties Mr. Silverstein certainly had knowledge and control of the building security.
Where Was Larry Silverstein on 9/11?
Mr. Silverstein contends that he would have been chopped liver on 9/11 had it not been for the last minute cancellation of a meeting he had with the Port Authority at the World Trade Center. The meeting was cancelled he says because of a doctors appointment that morning. He then tells us that he watched the news coverage after the first strike on the towers from his Park Avenue home. He says he rushed to his office on Fifth Avenue where he observed the second airliner strike. We were also told that Mr. Silverstein was in a state of panic about the safety of his children who sometimes worked at the Trade Center. No need to worry about Mr. Silverstein’s children, they were late for work that day. Now I ask you as a parent, if you thought your children may have been at the World Trade Center, would your first destination after discovering the attack been your office or the World Trade Center? Mr. Silverstein chose his office. We could ask Mr. Neil David Levin (1955-September 11, 2001), the man Mr. Silverstein was likely meeting with at the Port Authority about the cancellation, but you will need a medium in order to do so. Apparently Mr. Levin didn’t receive the warning others did.
In a second account of his activities that morning Silverstein doesn’t mention a meeting with the Port Authority but simply states he was in a hurry to get to work because he was moving his office there. His wife he says told him he must go to the doctor, he could go to work early the next day. Why would she say this, does an appointment with a dermatologist take a whole day? No mention of a meeting with the Port Authority. Why were Silverstein’s children late to work on 9/11? Did Silverstein actually have a doctors appointment that day? Curious insurance defense attorneys and other litigants may want to know.
Silverstein’s History of Consorting With Criminals
Where could someone possibly obtain accelerants as explosive as nano-thermite? Only a government could have access to these kinds of explosives. The U.S. Government? The Israeli Government? Bingo. Mr. Silverstein we have been told has had a personal relationship with many of Israel’s leaders over the past several years. We are even told in an article in an Israeli newspaper that Silverstein receives a phone call from his best buddy Bibi Netanyahu every Sunday night without fail. Netanyahu is the Prime Minister of Israel today as he was in 2000, when Israel dispatched an army of Mossad art students and moving company operatives in 2000 and 2001 to observe those who would eventually do the 9/11 attack. The job of finishing this Mossad project would fall into the hands of Co-Butcher of New York, Ariel Sharon, who followed Netanyahu as Prime Minister of Israel in 2001. We have also been told that Sharon contacted Silverstein after 9/11 to offer his condolences. Thousands dead after the attack and Sharon offers condolences over the loss of Silverstein’s property? What a guy! Or did he simply call to offer his congratulations on a job well done?
Every one knows that Israel has nuclear weapons and other weapons of mass destruction. It is not to great a leap to believe that they have the capability to produce nano-thermite like that found at the World Trade Center. Thus we know that Silverstein had access not only to those who could produce and provide these explosive materials but also an army of spies many of which with explosives back grounds who could place the charges at his trade center. Like those caught that day celebrating the collapse of the towers who later failed lie detector tests in the custody of the FBI.
Mr. Silverstein Hires the FBI’s John “oops I lost my suitcase containing classified descriptions of every counterespionage and counterterrorism program in New York long enough for Mossad to copy it in Tampa” O’Neill To Head Up Security at the World Trade Center
The man Mr. Silverstein hired as the head of security at the WTC began and ended his career there on 9/11. Mr. O’Neill’s life was likely ended by the magic flame-ball that destroyed the mechanical rooms and command center in the basement and the 22nd floor of the trade center. It was this magic flame ball that made it impossible for the firemen to fight the fires on the upper levels of the building or any where else for that matter. It was also the kiss of death for those who had attempted to flee upward towards the roof of the buildings. The doors to the roof were locked and could only be activated from the control center on the 22nd floor which was some how blown up instantly after the planes impact. Much like the magic bullet used in the Kennedy assassination, this flame ball would thumb its nose at the laws of thermodynamics and do many magical things according to the NIST report. But that’s a story for another post. It is not likely that on O’Neill’s first day of work he was aware of the 9/11 insurance fraud or he like Silverstein and family would not have shown up for work.
But would FBI agent O’Neil betray the United States of America for an offer of employment from Mr. Silverstein or because of some strange affinity our intelligence services seem to have for Israel? Lets see what you think.
We are told by the New York Times, “although Mr. O’Neil is not widely known, he has overseen cases like the terrorist bombing of the Navy destroyer Cole in Yemen last year and the bombings of American Embassies in East Africa in 1998″.
Well sometime in the year 2000 Mr. O’Neill the great terrorist crime fighter on his way to an FBI meeting in Tampa loaded up his briefcase with classified documents providing descriptions of every major counterespionage and counter terrorism program In New York. Now if you’re a foreign intelligence agent engaged in espionage in the United States conspiring to commit the most heinous attack on America since Pearl Harbor, what would be the greatest treasure trove of information someone could bestow upon you? Yep, that suit case.
Now sometime during the meeting Mr. O’Neil’s briefcase disappears while unattended at the hotel meeting room. Imagine that. A few hours later the suitcase is miraculously recovered. The FBI of course determines that no one tampered with the briefcase (they took finger prints to make sure). Everyone knows no common thief or Mossad agent would bother to wear gloves if they were copying documents. And there were no Mossad agents in Tampa anyway, they were all in Hollywood and Ft. Myers Florida observing the future 9/11 hijackers. D’oh, I guess there were Israeli spies in Tampa after all. On the map prepared by Gerald Shea in his memorandum prepared for and ignored by the 9/11 Commission you can see that Tampa was indeed one of the cities Mossad and the alleged terrorists were active. Go here and scroll to the end of the PDF document and you will see.
Thanks to Agent O’Neil, The Butchers of New York and Larry Silverstein new that no one was on to them. And that knowledge would cost Agent O’Neil both his career at the FBI and his life on 9/11.
Opportunity and the Renovation of Elevators at the World Trade Center
NIST the organization that conducted the investigations into the WTC building collapses concluded that it was unlikely that thermite instead of explosives was used for demolition because it would have taken 100 pounds of thermite to destroy each steel column. These explosives NIST concludes could not be planted without detection. First if nano-thermite was used as was discovered in building debris it presumably would not take 100 pounds of these materials to bring a column down. Nano-thermite is far more destructive. Second even if 100 pounds were required the building was undergoing elevator renovation in the area where one would most likely plant explosives in order to bring the building down. Renovation efforts would have been off limits to most, except say some of Mr. Silverstein’s Mossad friends. It’s probable, although maybe not even necessary under the circumstances, that the art students even wore disguises, like ACE Elevator uniforms the company performing the elevator renovation when 9/11 occurred. (It is possible also that some of ACE’s real employees witnessed some of this extra work going on. This may explain why most of them skedaddled from the scene instead of helping firefighters rescue those trapped in elevators, although admittedly it could just as easily been due to cowardice).
Is Israel Capable of This Sort Of Treachery and Murder?
I know, I know we are just suppose to love Israel and Mossad. It doesn’t matter if they murder in Dubai, are charged with war crimes in Gaza or involved in any other international mischief. We think they are somehow(although doubtful) related to Jesus and for that reason alone we must adore them. And then there is that Holocaust thing we are constantly reminded of to keep us in line.
But why do I think Israel is capable of setting charges in American buildings and blaming Arabs for the crime. Because they have done it before, it was called the Lavon Affair.
And why do I think that there are those within the American Government and media that are willing to cover-up Israel’s crimes? Because they have done it before, it was called the USS Liberty.
Financial Or Other Motive
There is a good deal of conjecture about financial motives on the part of Mr. Silverstein floating around the internet. Mr. Silverstein is known to have upped the insurance coverage limits on the world trade center after his purchase. He is also known to have insured against a terrorist attack. Neither of these things would seem unreasonable under the circumstances. The World Trade Center had been attacked before and the costs to rebuild the tower may have exceeded the values previously insured by the Port Authority. I have read that Mr. Silverstein was relieved of his obligations under the Port Authority lease and he was even refunded the original investment in obtaining that lease. He couldn’t have know this in advance of the attack however. His interest in the towers to be rebuilt are not entirely clear or is the manner in which insurance proceeds will be divided between he and the Port Authority when rebuilding begins.
The benefit from insurance proceeds for building 7 however are clear. He now has a new building, worth presumably at least its construction cost of $700,000,000, financed with Liberty bonds to the tune of $475,000,000, or an equity stake in his brand new building of $225,000,000. Plus, he walks away with a cool $236,000,000 in cash ($861,000,000 in insurance proceeds, less $400,000,000 mortgage, less $700,000,000 building cost, plus Liberty bond loans $475,000,000 equals $236,000,000). Not a bad days work for a terrorist or an insurance fraud.
But Mr. Silverstein’s most important motive may go beyond financial considerations, hell the guy is in his seventies and isn’t going to be around for ever. He might think like his pal Bibi that 9/11 would be good for Israel. Because they knew that the events of 9/11 would make Israel’s enemies America’s enemies. Or maybe they were thinking like their buddies Kagan and Kristol at the Project for A New American Century(PNAC). …”Further, the process of transformation, even if it brings revolutionary change, is likely to be a long one, absent some catastrophic and catalyzing event-like a new Pearl Harbor”. Well a 911 and few wars later it looks like these boys got what they wanted.
Let The Civil Litigation Begin
It is approaching ten years now and it doesn’t look like there is going to be any reasonable investigation of what actually took place on 9/11. No criminal justice whatsoever. It is indeed unfortunate that we can no longer trust our law enforcement, Department of Justice, Courts or elected officials to protect America or bring about justice for these murders. But now that we have connected the dots, it is time for those who were wronged financially whether insurance companies or others to correct those wrongs . Sue the bastards. Imagine what we could learn during discovery.
http://homo-sapien-underground.blogspot.com/2010/02/mr-larry-pull-it-silversteindid-you.html?zx=29ec57dbe2b21322
http://socioecohistory.wordpress.com/2009/04/15/danish-scientist-niels-harrit-nano-thermite-explosives-in-the-wtc-dust/
http://vimeo.com/9614190
http://www.youtube.com/watch?v=7WYdAJQV100
http://www.haaretz.com/hasen/pages/ShArt.jhtml?itemNo=97338&contrassID=3&subContrassID=0&sbSubContrassID=0
http://en.wikipedia.org/wiki/Neil_David_Levin
http://nymag.com/nymetro/realestate/urbandev/features/11718/index2.html
http://homo-sapien-underground.blogspot.com/2008/02/christopher-ketcham.html
http://www.nytimes.com/2001/08/19/us/fbi-is-investigating-a-senior-counterterrorism-agent.html?sec=&spon=&pagewanted=1
http://www.haaretz.com/hasen/spages/975574.html
One reason why Ron Paul says the US must “take out the c.i.a.”: Mr. Dois Gene Tatum (now deceased) c.i.a. “black op” officer, who came out of shadows, because he refused a task to “neutralize” H.Ross Perot and as a result of “feds” going after his (innocent) wife; he explains how he could be used by any member of G-7 (plus one) during early-mid 1990s for any operation -including “neutralization” and “alignments”; he speaks briefly about very high-level meetings -in 1990s about “one world government movement”; he speaks about the use of Scopolamine (“voodoo drug”) extracted from a shrub that grows in remote regions of South America…“void of smell, void of taste”…“it causes absolute obedience” without this being “observable by others”. Importantly, the target will not recall any of the events that occurred during the period they were under the spell of the drug. …“some remained under the influence of scopolamine for up to three weeks…” –imagine the potential mayhem that could be caused with this stuff
8 tons of cocaine transporting in 3 months – with on behalf of very well known international entities (olie north, bush I, he-clinton, etc.); Dois Gene predicts -in 1997- the squeezing of the middle class – out of existance:
http://tinyurl.com/g7hitman
written description of one way he used the drug to “align” a foreign entity
http://www.whale.to/b/scopolamine_h.html
interview by 27-year f.b.i. agent/one time head of Los Angeles division
http://tinyurl.com/doisgenet
Blogger demands compensation from personal account of bailed-out banker:
HSH bank ruined by moronic bankers.City of Hamburg (itself broke) has to bail out
bank with billions.Bankers pay themselves nice bonus.City has to cut services and
raise taxes and price of public transport.
Blogger Kirsten Brodde calculates that she alone has to pay 24 euros more for her
bus tickets.So she tries to withdraw the money from the personal account of the bank ceo who got a bonus of 2.9 million euros.
Police escort her outside.She is not discouraged but convinced they may change their mind if enough people follow her example.
http://www.spiegel.de/wirtschaft/soziales/0,1518,681822,00.html
Scroll down a bit to see a pic of the creepy bankster called nonnenmacher which
translates to nun-maker.
Quite clear. If you don’t believe the polical or economic bullshit from the Pentagon, the CIA, Obama and the scumbags from Wall Street.
YOU ARE
A Holocaust denier.
A Anti-semite.
A Nazi.
A Fascist.
A Parano.
A Sicko.
A Mental Nut Case.
A Conspiracy whacko nut.
A Terrorist.
=========================================================
As with Stack last month, the media is rushing to politicize the event, offering all kinds of interpretations for Bedell’s actions.
A few label Bedell as a 9/11 conspiracy nut. (Truthers themselves say the baiting of one of their own is an effort by the powers-that-be to more closely justify the monitoring of 9/11 conspiracists and further obscure the truth of the 2001 attacks.
The Christian Science Monitor suggests Bedell is a product of “right-wing extremism.” A few bloggers find Tea Party tendencies in Bedell’s rants, while right-winger Michelle Malkin tells the media to “stop playing games” and points out that Bedell was a registered Democrat
========================================================
And soon even people like MISH or economic commentators denouncing the fraud that is the whole US economy and the bankster crime syndicate will be put in the same category as this poor guy. USSR all over. This story really stinks !
You cas smell the stench of a special operation again.
@ MaxKesier
“local transactions will be done using swipe cards tied to commodity baskets that comprise ‘wealth’”
no thanks. for safe keeping, i’d rather carry my barrel of oil with me at all times
@RJ
All technologies have their limits. The best technology is YOUR brain. Burn less, sit down and think more. We need a spitiual revolution. A real one ! without Goldman Sachs and without that methane fart billionnaire Al Gore. The mind is a beauty of energy utilization. Did you know that the human brain consumes 25% or all the energy your body needs ? Humans are beautiful freaks of nature. No other animal consumes more energy for just thinking. Technology is just part of the solution RJ.
@Grisu
What a great idea ? Ralph Nader wher are you ? We need a worldwide class action suit against the bankster crime syndicate. It is a fantastic idea.
I think there is a solid legal basis for a class action suit. That. And suit moste banksters for crimes against humanity à La Hague in the Netherlands. Somebody mentioned this week that we need a Nuremberg war tribunal. Not that crazy when you know what’s really going on.
Washington and Wall Street now after your social security. Quelle surprise !
http://www.alternet.org/story/145896/wall_street_took_your_house_and_your_retirement%2C_now_they%27re_after_your_social_security
Obama is a crook. Change ! Bet you didn’t expect it was this type of Change.
Big daddy Obama will take you everything. So would Bid Mamma Palin.
Wouldn’t be diffierent with the other clowns. Same bunch of crooks.
Marc
For me the biggest change that needs to take place is reform of the monetary system
The current system has the bankers controlling most of the wealth but producing nothing. It produces a fear and anxiety around money due to the scarcity factor.
This system will always cause distortions. How to keep this gravy train going
War and military expenditure is good. Ongoing consumption is also great as well
Until this changes the world can not move forward.
MMGW is a great battle. Its a move by the elite to further strengthen their grip on the people.
If they win this battle they game is over. It will show the ruling elite that we are collectively very stupid and can be convinced of anything.
@MA
The lady seems to be quite feisty.She also has a website called:
Geld zurück,Herr Nonnenmacher.Money back,Mr.Nunmaker
http://www.geld-zurueck-herr-nonnenmacher.de/index.htm
“chapter 2 of my novel “Buy Love, Sell Fear.””
this is good stuff – when will the book be finished, available-?
Gold question
http://www.youtube.com/watch?v=34aJv7Ux4BE
@RJ
Must disagree with you about war. War is not good for ANY economy: US economy included. It’s good for scums in the arm’s business. Armement offer to the economy mediocre fallouts.
http://mises.org/daily/1189
War a anti-market and anti-capitalism and anti-human and anti-economic activity.
@RJ
Fundementally the conclusion of Ludwig Von Mises are right. USA is going the way of Nazi Germany. When you read assholes like Lek finding state sponsored assasinations, you know that USA is filled with Nazis. Nazi Germany is your futuer in the USA. Or colonial Spain. Militarization is NEVER good and your country RJ is a menace to world peace and global economic stability. USA is a today a dangerous military cancerous tumour. And the biggest menace is to the US civilians and taxpayers. That’s the drama. US citizens are the biggest victims of this festering fascist cancer called empire and militarism. Neo-con should change ther to neo-nazis. They are.
@Max – “This would be the beginning of phase 3 of the bull – and probably a good time to start to lighten positions – as gold breaks out to 10,15,20,000 – hard to tell exactly where the blow off top will come – but you need to lighten up on the way up to avoid getting caught up in the 50% drop that will occur after the ultimate top is reached.”
Lighten your position into what? Which fake fiat currency do you support? Is gold money or not? Why trade real money for fake money?
The whole idea is to end fiat currency. GOLD IS MONEY! To me, it’s a way to preserve wealth and force what honesty we can into the system. Keep your gold and SPEND your gold. Do not trade it for more fiat currency or all this was just an exercise in futility. The bankers win.
Ludwig Von Mises was Austrian. He knew how to recognize the beast of nazism quiete clearly. His opposition was mainly based on economics.
http://mises.org/store/War-Collection-P497.aspx
Fantastic collection of books on the horrible anti-economic nature of war economics. A real good read and a real good reason to take out the CIA .
The CIA is taking out the US economy and poisoning the US people with their drug trafficking. It’s a perfect example of anti-economic activity; arms and drugs. War is a racket. Old expression.
Marc
What’s I’m saying is that under the current monetary system war is good for banks.
The bankers create money out of thin air to finance the war. And then the taxpayers have to pay it back plus interest after the war is finished
I not not saying that I think war is a good thing.
And I’m not from the US but do not think this is a country issue. Although the like of the US banks like Goldman Sachs are creating huge grief at present.
But I don’t think the US banks are behind the MMGW scam.
@Y’All
‘God laughs. We’re his reality show’ haven’t I managed to read past that comment yet… it reminded me I was gonna post this song last night….
Randy Newman – God’s Song.
http://www.youtube.com/watch?v=Eiu8yu1nd8I
Amusing. Did you know that about 50% of members elected at the United Stealers of America Con-gress don’t pay ONE red cent of taxes. Geithner is not alone. I knew it. Our enemy the state.
Sun American Bank becomes 23rd failure of year 5 March 2010 (MarketWatch) http://tinyurl.com/yce3yl9
FDIC shuts Bank of Illinois and Waterfield Bank bringing the total tally of failed banks to 25 this year 5 March 2010 (MarketWatch) http://tinyurl.com/ycbyed9
Now 26 – Centennial Bank UT http://www.fdic.gov/bank/individual/failed/banklist.html
North Carolina’s First Citizens acquires fourth failed bank – U.S. bank failures hit 26 for 2010 5 March 2010 http://tinyurl.com/ya9xrrj
Derivatives Limits Needed to Stop Speculation on Greek Crisis, Merkel Says http://www.bloomberg.com/apps/news?pid=20601087&sid=ayPxsjy0PUk4&pos=3
@RJ
Take out the CIA, the Pentagon and the banksters before it’s too late. That’s your neo-con nazis are a cancer. They are destroying this country from within.
==============================================================
War…is harmful, not only to the conquered but to the conqueror. Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things. Only economic action has created the wealth around us; labor, not the profession of arms, brings happiness. Peace builds, war destroys. (Socialism, p. 59)
The market economy involves peaceful cooperation. It bursts asunder when the citizens turn into warriors and, instead of exchanging commodities and services, fight one another. (1st Ed. Human Action, p. 817 ; 3rd Ed. Human Action, p. 821)
@maxkeiser
Bravo Max, those exerpts from chapter 2 of your book were fabulous. Right up there (memory wise) with Bobby Nystroms (NYI) overtime goal in the 1980 stanley cup playoffs. Ill store those lines in my head for a while, and explore them during my next DMT experience. Looking forward to riding along with you on your next iwaska trip. LOL , Great insight amigo
@Namarama. http://www.youtube.com/watch?v=bfwr_jb2Urw
@youri
what a surprise,but merkel seems to get it.
from the bloomberg piece you posted:
“Credit-default swaps, where you insure your neighbor’s house just to destroy it and make money from it, that’s exactly what we have to curb,” Merkel said at a joint press conference in Berlin yesterday with Greek Prime Minister George Papandreou.
let‘s all sing:faith and hope and charity-fun boy three:
http://www.youtube.com/watch?v=ASx_aPbVJDM
What ‘regulatory crackdown’ is Mish referring to?
He uses weak, anecdotal evidence.
sample n=3 observations not sufficient to support his thesis
including hearsay:
‘A friend of mine is a loan officer at a small regional bank …’
This stuff is where Mish loses my vote.
CBO: $10 trillion jump in debt under Obama budget
http://money.cnn.com/2010/03/05/news/economy/cbo_obama_budget/index.htm?hpt=T2
CBO: $10 trillion jump in debt under Obama budget
NEW YORK (CNNMoney.com) — If President Obama’s 2011 budget were put into effect as proposed, the U.S. federal government would add an estimated $9.8 trillion to the country’s accrued debt over the next decade, according to a preliminary analysis from the Congressional Budget Office.
Of that amount, an estimated $5.6 trillion will be in interest alone
Bonn ;Wooooheeee 5.6 just in interest alone ???????????
If banks are grasping at assets for the FDIC fire sale maybe we’ll see a corresponding increase in bulldozer rentals.
Maybe we’ll see another Heemeyer Killdozer out doing God’s work this time around.
http://www.liveleak.com/view?i=62d_1191489696
As I have noticed all Govt. projections are always 20 % to 50 % wrong
In the negative sense
So Go Figure !!!!!!!!
lololololol
Hic
The auditors reviewing one of my loans want to down grade the loan simply because the owners personal credit score has declined. Bear in mind the client is profitable and meets all of their financial covenants
Talk about shady!
I heard about the newest FDIC closures on the tube this morning; the anchor also mentioned that “many more bank closures are expected.”
@ x – Of course you’re right about generalizing from an N of 3. However, from the anecdotal info. offered by Mish’s readers, it sounds like all three people are observing changes that do not fit with the norm. So it useful to hear what they’re reporting and watch & see if a clear pattern develops. Observation has to start somewhere.
the way i read mish’s blog is real estate is ready for another 35% hit. wow trouble is coming fast.
Mish2
I also have great difficulty trusting anyone who is peddling stocks.
(Peter Schiff is an exception.)
marc faber and 2 clowns. http://www.youtube.com/watch?v=7f3kOwvWEro
The Top Ten Ways to Crack Down on Corporate Financial Crime
Bill Black
http://counterpunch.com/mokhiber03052010.html
@ Max – Are you able to get your characters to interact much? Just curious, because you write in much the same way as my husband, and one of the problems he has when trying to move forward with his novel is that he writes with such detail about characters, plot, etc. that the characters themselves seem to never interact; it’s like they live in their own little worlds despite the connections that each has to the others.
Anyway, love the idea of a “faith-backed currency” and a “fear quotient.” The writing itself is engaging, too.
70% of Florida tomato crop lost, be prepared for a price hike. Who was saying that global warming = more CO2 = more plentiful crops, again?
Iceland says NON MERCI to the damn banksters.
http://actualites.ca.msn.com/grands-titres/rc-article.aspx?cp-documentid=23588637
Dutch misused position in IMF in Icesave case blocking loans to Iceland says Iceland President Olafur Grimsson (google trans from Dutch) http://tinyurl.com/y8uzely
@ronron:
jbyeats for Taoiseach.
Perty cool what Greece did. Banning hedgefunds from buying bonds..
@namarama. had to wiki that. cool idea.
@M/A good. you hung over.
Looming Crisis: America’s Credit Card Debt Bubble-Burst
http://www.lewrockwell.com/spl2/credit-card-debt-bubble.html
The American Imperialist Starbucks should be having its joints set up at the US FDIC HQ’s for this product to sell…
Starbucks tests super-sized Trenta
Starbucks is testing a super-sized cup for iced coffees and teas that measures close to a litre.
The new size, called a Trenta, is 31 fluid ounces or about 920 millilitres and is being introduced in Phoenix, Ariz., and Tampa, Fla.
The name follows the Starbucks tradition of using Italian words instead of plain sizes such as small, medium and large. Trenta is Italian for 30.
Until the Trenta appeared on the scene, the Venti was the largest Starbucks size, with the plastic cold-drink cup coming in at 24 ounces, or 710 ml. The Venti paper cup size for hot drinks is 20 ounces or 590 ml.
The Trenta, selling at $3.30 US for iced coffee and $2.60 for iced tea, was getting a good response in Phoenix. One customer enjoying a decaffeinated iced tea said he would be hesitant to drink a near-litre’s worth of any caffeinated drink, according to the Arizona Republic newspaper.
Starbucks spokesperson Sanja Gould said the company is trying out the new size in response to customers who said they’d like larger servings of cold drinks.
An unsweetened Trenta has fewer than five calories. “But even a sweetened iced coffee or tea in a Trenta cup would be less than 200 calories,” she said.
Starbucks is by no means the first company to push the envelope on cup size.
Iced drinks of similar size already are available at the Seattle-based coffeemaker’s competitors, Dunkin’ Donuts and McDonald’s.
The 7-Eleven convenience store chain set the bar for big drinks with its line of Big Gulp sizes. They range in size from 945 ml to a hefty 1.9 litres.
At Tim Hortons, the largest coffee size in U.S. outlets is the extra large at 709 ml. In Canada, the extra large is smaller at 590 ml.
Starbucks did not return inquiries as to whether the Trenta would be tested north of the border in the near future.
The average adult human stomach can comfortably hold about one litre of food and drink at any given time.
Read more: http://www.cbc.ca/consumer/story/2010/03/05/consumer-starbucks-trenta.html
€
http://www.theglobeandmail.com/report-on-business/economy/the-euro-under-pressure/article1491809/
@White hunter
The American champagne bubbles are busted. Well. Almost. The ULTIMATE bubble maintained in life the US treasuries market. The only bubble left. That and the Pentagon killers budget. Have you noticed how theses state terrorists bastards have absolutely no problem whatsover to get more and more and more and more and more and more and more money. That’s what is phenomenal. 75% of the US economy was the consumer. It will soon be 25%.
Evangelical Group terrorizes Amarillo, Texas: http://thinkprogress.org/2010/03/04/texas-taliban/
But another article from the same site, Think Progress, uses a very ugly guilt by association with a mentally ill man: http://thinkprogress.org/2010/03/05/pentagon-shooter/
‘Gold price can easily be manipulated’ 6 March 2010 (Commedety Online) http://tinyurl.com/y8zojym
I would not agree with think progress when they say
“In podcasts, Bedell propagated his conspiracy theories, which eerily reflect fringe right-wing rhetoric:”
and then quote
“The blatant violations of the Constitution’s limitations on the economic role of the government” in bold type, as if this is a right wing conspiracy. Nothing eery about the truth.
This and the IRS assault is much to beautifully orchestrated and brought out to my taste. It seems the US is on a path of making the least likely suspects suspect. They create a license to arrest Ron Paul, Rand Paul, Alex Jones, Peter Schiff and a whole raft of other people based on these to random events..
I was in LA in 1994 and it struck me that in the US it is so easy to live a completely seperate life from other cultures and people, just because of the size of the country. These sects prove this point. Noone in Holland would be allowed to arme themselves to the teeth and play vigilante or chase witches. That’s crazystuff man..
@Stacy
The recording of the predumed “terrorist” doesn’t seem that crazy or particularly “extreme” whatever. Know what ? I really think that again we withnessed a very sick joke. Wow ! Real extermist. To suppose the fuckin US government is runned by murderers, crooks, assasins and rapists ? It is.
The USA neo-cons are at work. You will hear from now on the nazi propaganda from CNN and FOX. “Truthers are terrorists.” We perfectly know Obama’s agenda. The Democrots are fascists scumbags as the Republicans when it come to the 911 inside job.
And the next “terrorists” on the lists ? Financial journalists denoucin Goldman Sachs and the neo-con nazi bankster syndicate. Mish and all of you are next on the “terrotists” lists. Mental illness was used the same way in the Soviet Union. You will soon see in the USA a lot of politicial psychiatrit arrest by your nice government.
Free speech anybody http://www.youtube.com/watch?v=s33YtHnn4Hs
The US is becoming a civil rights abuse shooting gallery..
Psychiatry and Politics
http://www.youtube.com/watch?v=qT0LsFmAl1U
Fuckin shit hole USA is becoming. Following in the same foot step.
Listen closely. You can see where it’s going. HELL USA.
mikes TOB. http://www.moneyandmarkets.com/british-pound-in-for-a-sharp-fall-38165
Keynes proposal for the global banking regulator (international clearing union) necessary under a world reserve currency:
https://webspace.utexas.edu/hcleaver/www/368keynesoncu.htm
“I share the view that central control of capital movements, both inward and outward, should be a permanent feature of the post-war system…the following general principals are therefore essential:
(i) All remittances must be canalised through central banks and the resulting balances cleared by them through the International Clearing Bank.
(ii) No remittances in respect of the outstanding capital of existing or future assets owned by non-residents shall be made except under licence of both the central banks concerned.
(iii) The ownership of such assets may be freely shifted between non-residents, and non-residents may exchange one investment for another within a country.
(iv) The net current income of such assets may be freely remitted together with an annual amortisation of capital not exceeding (say) 5 per cent.
(v) The offer of investments or assets to non-residents to be newly acquired by them shall require the approval of both the central banks concerned.
(vi) Floating and liquid funds, apart from those required to finance current trade through bills and acceptances and in connection with current banking business approved by the central bank concerned (much as in this country under present conditions) shall only be lent and borrowed between central banks.”
http://www.youtube.com/watch?v=qT0LsFmAl1U
Hell hole. They are using the SAME tactics as the Soviet KGB. They really take you in the USA for cretins. We get the picture of the operations. One operation was used to demonize the “Tea parties” last week.
And this one was used to demonize the “Truthers”. Contest the government and criticize that elected fascist dictator and automatically you are a either a “fanatic” a “holocaust denier” a “mentally ill” or “fascist”. Predictive programming indeed.
I expect a third one implicating a jounalist critical of Wall Street and its gangsters next week.
@Y’All
‘Pigeons beat humans at solving three-door prize problem’
http://www.livescience.com/animals/pigeons-monty-hall-problem-100304.html
http://en.wikipedia.org/wiki/Monty_hall_problem
Marc Faber asks Greek to buy gold 5 March 2010 (Commodity Online) http://tinyurl.com/yebs73t
Someone worth listening to:
Peter Schiff – 3.5.10
http://www.youtube.com/user/schiffreport?blend=1&ob=4
Colbert’s coverage of Greece’s Downfall.
mother earth says:
“I was in LA in 1994 and it struck me that in the US it is so easy to live a completely separate life from other cultures and people, just because of the size of the country.”
you got that one right. i live higher up and further back.
love reading how the rest of the world view our sick american culture, this is the most enlightening blog.
I wonder if any CIA owned banks will go under?
http://www.youtube.com/watch?v=dtjwHHKp3GE
http://slate.msn.com/id/2112106/
http://www.rumormillnews.com/cgi-bin/archive.cgi?read=127611
http://www.iamthewitness.com/Maurice-Greenberg.html
J. Stiglitz on Charlie Rose
3.2.10
http://www.charlierose.com/view/interview/10885
@MEP: You’re an idiot!
“Record Florida freezes early this year wiped out about 70 percent of the state’s tomato crop..”
WTF does that have to do with CO2 or global warming?
The Fed is not audited. The fed is City of London operation.
The Fed is a BIS operation. Washington is the twin tower.