When are you guys going to interview Thomas Woods about the “Depression of 1920,” when the government did virtually nothing and the economy still miraculously recovered?
Saw your cool show last night on RT – was shocked to hear North Tyneside on the show – the town with the fake store-front’s in is Whitley Bay. It’s a former seaside resort that fell on hard times and now pretty much relies on “stag parties” and “hen parties” to make money.
The stores closed (Woolworths + M&S) and now not that many people go, they prefer the large malls in Newcastle and Metrocentre (Gateshead).
I live just along the road and in my little town so many stores are shut – and it’s charity stores, fast food outlets and bookmakers…….great huh?
Anyway keep up the great show – can’t wait to see the US Embasssy moat!!
China’s February trade surplus shrinks to $7.6 billion
China’s trade surplus narrowed further in February to $7.6 billion from $14.2 billion in January because of soaring imports, according to government data released Wednesday.
China’s trade surplus during the month came in lower than the $8 billion expected in a Reuters survey of economists, but was higher than the $6.4 billon estimated in a Dow Jones Newswires poll.
When compared with the same month last year, both exports and imports grew at a higher-than-expected rate, with the value of imports climbing 44.7%, reflecting growing domestic consumption on in mainland China. The value of outbound goods and services surged 45.7% from February 2009 on a recovery in demand for Chinese goods.
The growth in exports is likely to add to international pressure on China to allow the yuan, also known as the renminbi, to appreciate.
@ Stacy H/T ?
43% have less than $10k for retirement
NEW YORK (CNNMoney.com) — The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday.
The percentage of workers who said they have less than $10,000 in savings grew to 43% in 2010, from 39% in 2009, according to the Employee Benefit Research Institute’s annual Retirement Confidence Survey. That excludes the value of primary homes and defined-benefit pension plans. ………..
In today’s segment of the Keiser Report (No. 23, with Stacy Herbert and Greg Palast), Ms. Herbert offered an unusual geophysical headline: the length of Earth’s day has been shortened by 1.26 milliseconds, or some such, because of Chile’s monstrous earthquake. You, in your inimitable style, then tossed off an estimate of Goldman suffering due to this abbreviated day, saying that Goldman’s normal daily HFT skimming of $100m might fall to, say, $98.5m. Your gut feel is grossly wrong.
Intrigued by your approximation, I ran the numbers. In round numbers, 1.26 milliseconds represents roughly a hundred-millionth of a day. Hence, if Goldman is skimming $100m per day, then the Chilean earthquake and its planet-rotation anomaly will wipe out about one dollar of Goldman revenue each day.
As I was watching listening to our appearance on Alex Jones and you mentioned the Hollywood Stock Exchange, it struck me it would be a great topic for my masters thesis….ahead of them masses and the forming of a bubble! So maybe I could frame it something like “The Next Stock bubble: Hollywood Stock Exchange”. What you think, as you are the direct primary source of this invention I thought it would be great for our opinion!
Again I know you are always so busy, so any reply is always very much appreciated.
P.S You and Stacey should come to Dublin and maybe record a show here. You have a big Irish following on maxkeiser.com!
Max,
I recently graduated from college last December (2009). I want to bring competition where it didn’t exist before–creating a way for lots of people to conduct business without the use of money or the banking system seems like a great way of moving relevance away from the old centers of power (banks and governments). I’m looking to work at investment banks only because it seems like the obvious way into the more creative areas of finance…which is why I’m emailing you.
You’re the first person I’ve heard to repeat my own beliefs that the future is in a barter economy. In order to undermine centralized power, though–I think it’s going to be necessary to protect the everyday person’s privacy when they trade by making it impossible for their identities to be traced. There needs to be a transparent market that no one can take credit for and outsiders cannot regulate or manipulate by force.
How should I go about creating something like this (the world really needs it)?
I know you must receive countless correspondence via email, and this may have been suggested before, but our country is in grave danger. As one single voice, I would like to suggest a mass protest this summer against the Wall Street parasites, who have gambled this and future generations prosperity against a black hole of derivative speculation. The bankers continue to pay out their record bonuses, and the mainstream media refuses to lay out the truth as it truly is. The people must confront Wall St. to send a message to the government. You have a platform to call on Americans to stand up against this outrageous theft. Forget all of the other issues, we can all agree that it is crucial to identify the criminal banking cartel. Speak to other influential people in your life, and plan a march/protest/show of force 4 to 6 months out, so everyone who is awake can take the necessary time off to march on Wall St.
I believe the numbers who would show up for this would stagger the establishment. This could be a-political, just calling out the Goldman, JP Morgan, and Morgan Stanley types for destroying our economy. You have done wonders informing the public, and continued education is invaluable. But in the near future the people must come in the streets. Please, consider this revolt against banking dictatorship, a rage against the banks. Thanks for reading.
Women of all races bring home less income and own fewer assets, on average, than men of the same race, but for single black women the disparities are so overwhelmingly great that even in their prime working years their median wealth amounts to only $5.
In a groundbreaking report released Monday by a leading economic research group, social scientists turned a spotlight on the grave financial challenges facing an often overlooked group of women, many of whom could not take an unpaid sick day or repair a major appliance without going into debt.
@max
you and palast really brought out the imf hacks.
you two together scare the hell out of golman sachs and friends,
the more sides we can hit this beast from the better,
Keep Kicking Ass Keiser!
ingrid, its all about learning and changing. YOu learn better if you have to learn. And hard times makes one learn. Evolution. IT ain;t easy. But if you take it with a smile and good will life can be great.
hi ingrid,
i think ehswan was making a joke,
most, if not all of my jokes stink, work in progress? not much to show for it.
i loved your shovel comment earlier,
but i say the hell with a fallout shelter,
let’s bury the bankers!
in response to Ted, when Austerity comes to America it will be dressed in the guise of a sacrament and because of our Puritan heritage will dutifully submit….
“we suffer because we are unworthy, we are unworthy because we suffer.”
Goldman Sachs is being unfairly attacked by the unscrupulous M. keiser in this report. Any thinking person must realize that the global economy must be destroyed to precipitate a massive,(4/5) die off of the human population to prevent the total collapse of the Earths ecosystem. THINK ABOUT IT! Loyd Blankstein, was telling the truth when he said he was doing “Gods work” !
At least two-thirds of commercial mortgage-backed securities loans maturing between 2009 and 2018, $410 billion, will unlikely qualify for refinancing at maturity without significant equity infusions from borrowers, said a report from Deutsche Bank, New York.
The Future Refinancing Crisis in Commercial Real Estate said more than 80 percent of 2007 CMBS vintage will unlikely qualify for refinance and borrowers will need at least $100 billion in additional equity to help loans qualify.
“Our [conservative] estimate of maturity default-related losses for fixed rate CMBS is $50 billion, 6.5 percent of the aggregate outstanding balance,” the report said. “We estimate that maturity default-related losses will be at least 4.6 percent for the 2005 vintage, 5.8 percent for the 2006 vintage and 12.5 percent for the 2007 vintage.”
“The FDIC, he notes, has so far extended existing safe harbor rules until the end of March. If nothing changes, ratings agencies will find it difficult to rate new securitizations this spring, meaning, as Deutsch says, “securitization will ground to a halt in April.”"
@freds fam
All i know is that if you ask someone to murder someone else and the police hear about it…
http://www.texnews.com/texas97/mom030197.html
“Ms. Holloway had served six months of a 10-year sentence after pleading no contest to solicitation of capital murder. She will be on probation for the next 9-1/2 years.”
I wholeheartdly agree with Your opinion about the the pattern of discussion and debate on this site. We’d better try to focus on the issue to draw a deeper and clearer picture about what is really going on.
“The European Parliament is fed up with the secrecy surrounding the Anti-Counterfeiting Trade Agreement (ACTA). Today, representatives from all the major parliamentary coalitions introduced a resolution demanding that the European Commission release all negotiating texts, inform Parliament about the negotiating process, and absolutely refuse to countenance any sort of “three strikes” Internet disconnection penalty for online copyright infringement.”
P – to be voted on tomorrow, this is going to be quite interesting to follow.
@marietta
trying is very passive until you succeed.
Many are trying to get a job, how many will this year.
Money exchanged, contracts, buckwheats
these things are crimes.
That first video was nothing special, but that 2nd one re:”Italy being next” had something interesting mentioned…
TRANSPARENCY INTERNATIONAL http://www.transparency.org/
Looking at the map (I’m still looking through their tabulated results) you can see what countries are PERCEIVED to be the most corrupt…
Germany is perceived to be more corrupt than Canada?
while New Zealand is the least corrupt in the world…
No, I wasn’t there. I can’t find any historical evidence of gold having no value for the last few of thousand years. I concede there is much I don’t know. I suppose you have to play the odds in all things.
Thanks for the show Max and Stacy. Wow, 6 millions votes were not counted in 2008?
That a news to me. As Greg pointed out, If it had happened in South America or Ukraine, you know the answer what they would have done. The story of the vulture fund is really scikening. Henry Kissinger is a disgusting creature.
Italy, the mafia and the possible breakdown in civilization is the next big problem. http://www.youtube.com/watch?v=LNw9l7KncFU
Wall Street of course being the biggest mafia organisation, backed by US government, all controlled by the jewish rulers.
My solution: A nice bottle of chateau Petrus to go with the steak au poivre…Don’t stop to listen to the band, get on the decks and in the golden lifeboat..
Meanwhile CNN this morning spent nearly every minute with stories about how much money you need to “save” for retirement. Apparently 43% of U.S. retirees have less than $10,000.00 to retire on. Is “Save” another way of saying; give your money to Goldman Sachs? Makes me think things must be getting very bad, do the PTB need to draw in every single penny to keep a Ponzi scheme going? Maybe the retirement plans didn’t have a good spring? CNN’s audience is way down, maybe the audience can figure out that CNN is trying to manipulate them?
Better to buy Gold and Silver, they don’t fail like a corrupted bank or a company that gets taken out by unfettered Chinese manufactured imports. Protect you and yours no one else will.
And to Amnesty International Canada-français too. I know a dictatorial law when I see one, and this one is it mon Mep. It’s a Patriot Act refinement reserved mostly to the locals, that is to say to the slave taxpayers and citizens. But you will notice that want to arrest also Canadians and and ALL other countries allied. International Fascist dream law indeed. Hey Mep. I WANT to be wrong. I rarely am when it comes to this type of scary shit.
I posted months ago that there will be a PR war between US$ and Euro zone.
It is now reaching a crescendo.
Simply put, the US want people to buy “their” debt, and as long as the “Euro” is seen as a shelter , they have a problem … Hence the Euro-bashing, warranted or not.
As to “warranted or not” …
Yes of course, but the US has nothing to brag about either.
@site admin who is changing things on this site (nice changes by the way)
I don ‘t know if you bother to read comments here or not but it is truly a big mess. Everyone is shouting over each other, one debate over another debate, random comments in between, links flying around, comments on comments, reply to other comments, reply on topic and so on.
For a brief moment I remember there was a different comment system in use on this site (similar to the one infowar.com uses) that gave the users a chance to follow a debate, to see what people reply to and follow the original comment to get a sense of a thread in the otherwise mess of comments. This is particularly needed I think when comments flows pages after pages, hundreds of comments. This site needs something like that again. Please consider it.
@Mep
No logic error here. The law is written like a Nazi law or Communist Russia law. C’est tout mon ami Mep. I will send my 35$ US to ACLU as UnderAmerican. I am really scared by what is going on in your country.
Wow, great show today! Everthing touched on culminates into the viewers’ receiving a solid understanding of your perspective on global finance [and its impetus!]. Yesterday’s phone interview [with the Greek press?] makes for an excellent primer, and together I can link and send them to all my friends and family who just don’t yet get it.
I had a similar experience viewing Jack Hunter’s latest “Southern Avenger” as he so poigniantly lays out a brief history of 20th century “Conservatism”. Seeing the two videos back-to-back reminded me of my ecstatic experience at, in the summer of 2008, watching Ralph Nader and Ron Paul collaborate on a brief tour of interviews. Few of my associates understand how I can side-by-side and equally admire both Nader and Paul as great statesmen and patriots. Catherine Austin Fitts would understand, and I would do anything to shake away that nasty “I won’t run for President” attitude that she bears. Oh well, I have an imagination, she IS and will always be my President, and I look forward to future appearances of my President on your shows…
the curse of this comment board is that anytime someone says something contrary – current example is ‘Per’ – they are lambasted, and driven off the board
result, as you rightly say, ‘same old, same old’
___________________
@ per, Welcome to max keiser, previously known as follow the money.
So, how’s the 1 PER cent doin’? enjoy it while it lasts.
‘screw the people’ is a pretty short-sighted ideology, don’t you think?
See you in Sheerwood.
Best of wishes to you and yours,
Friar Tuck
Per if you refer to who was forced into the Euro then that would be the citizens of most countries in the EU, the political class wanted the monetary union at all costs. Greece who was obviously unable to meet the criteria (amongst many others) was shoe horned into the Euro. The key drives of the EU are and always have been Germany/France
@Youri Cama
“The Greek people have notin to do with the shyster scams.”
The greek society is not totally corrupt, bordering on anarchy?
They didn’t spend 400 Billion Euros of other peoples money?
They didn’t elected their mafia oligarchs for decades?
…and being damn proud of it all?
I’m trying to think Snoot, when in history gold could not be exchanged for something of value. In our history, it was exchanged by force of law for currency. But I can not recall it never having the power to barter or obtain things. Correct me if I’m wrong.
There is no doubt that Greek deficit spending is at the heart of the problem, however where the banks play the game to manipulate this outcome is , firstly to “cook the books with mispriced currency swaps and secondly to then sue the inside information to attack the Greek debt market. This is fraud on a grand scale aided and abetted by complicated politicians both in Greece and the rest of the EU. The EU insisted that Greece join so they must have overlooked the obvious —play moral hazard and you get burned. As Max says this speculation adds ZERO to GDP adds nothing to jobs just adds debts to the system. The current system runs on ever increasing debt to work so PER (I assume your from the Nordic area) don’t be surprised (as where your friends in Iceland when they come after your country)
@ charles – Ha! My answer would have to be the elite swat forces; the real progressive fascists are probably all too busy digging moats around their castles.
@ Marc – Now you’re just spinning. No need to dig up Nazi laws. Either admit the error of your logic or drop it. But don’t pretend that this is all just an argument over what the legislation says, what it means, and how it compares to historical laws.
You ain’t seen notin yet. Your talkin outoff your little neck hairs. The Greek people have notin to do with the shyster scams. So don’t the Icelandic, Americans etc… etc..
You ain’t seen notin yet. Your talkin outoff your little neck hairs. The Greek people have notin to do with the shyster scams. So don’t the Icelandic, Americans etc… etc..
The Greek government is corrupt but so the the American. Let these banktsers eat their own shit they created. They’re criminals.
@Your Came
“Greeks are the most informed and open minded people I ever met.”
Yes, most informed and open minded to stealing, deceit and corruption.
btw, who else did you met, poor boy.
@Mep
I will try to find for you the Nazi laws and the Communist laws concerning these aspects. For the moment it’s mostly to terrorize psychologically people to shut th f up. It’s a good thing for you Mep to have an ACLU card. That being said the law is the law, and the way it is written always almost anything in the name of “security”. Anything.
@ Micheal Moore’s allegedly surprise that Wal-Mart will stock his video
uhmmm “A Capitalist will sell the rope to which he was to be hung from.”
oh yea the same grubby sod that said that said
“the worse the better.” in regards to the possibility for revolutionary change
@ Mep don’t you know we are headed headlong into an Armageddon worst than what was forecast in Revelation….I just heard the Jesuits run the world on AJS…(oh if this were the case least we could do Logic and read Latin in grade school) its only a matter of time before they start the roundups. I’m curious who shows up at my door first Glenn Beck’s Progressive Fascist or Jones’ NWO Elite’s swat forces?
@Per
Do you wonder why the comments were disabled? Probably because if it looks like sh*t, and smells like sh*t, it is sh*t so the folks were calling it and someone did not like it
My Solution!
Northern Europe should disconnect themselves from Club Med immediately. Let them find their place in the world alone. I am sure, eventually they will end up “enjoying” the same living standard as their neighbors across the Mediterranean Sea.
Gold, I think even you can agree, will always have some intrinsic value, even if just for industrial purposes. Can you say the same about fiat currency?
As I said before, it’s not the fault of markets that the Greeks are irresponsible crooks.They are only reacting to their folly.
And they are still not getting it, because their arrogant oligarch Prime Minister and his funny finance minister are now touring the world, trying to black mail and lecture everybody about the evil foreigners, doing all the bad things to Greek.
LOL!
Can it get more ridiculous?
We have been on a path of becoming a police state for the last ten years. It is going to get worse, on this I agree whole heartedly with you. How much worse and how fast it will get worse we can only guess. Maybe not much worse or maybe another genocide. Who knows?
Every advanced culture that had genocide committed against them all thought it could never happen here. It just makes sense to pay attention and to point out policies that lead to atrocities in other cultures. Incarceration as an enemy of the state without trial is one of those policies that usually precede and portend of evil yet to come.
@ Marc – You are conflating the McCain/Liebermann legislation with the narrative that you offered up. See defnition of narrative. Just because “the law is clear” does not mean that your narrative is rational.
“San Francisco Mayor Gavin Newsom and the San Francisco Public Utilities Commission, along with municipal governments across the US, want farmers, school, and backyard gardeners to grow their veggies using toxic sludge, spreading the outrageous lie that municipal wastewater sewage plants can somehow magically transform hazardous materials into “organic fertilizer.” ”
The best analogy I’ve heard yet, is pinochet’s chile. Same playbook, same players, same teams, same game since Sept. 11th 1973. And btw the 2006 military commision act threw habeus corpus out the window in a bipartisan suicide pact. What good is gold without a corpus to enjoy it with?
A republic is supposed to be a nation of laws which protect the individual from the potential tyranny of the majority. Its these individual liberties and freedoms which most nation states have eroded where now our liberty is no longer a right enshrined in law but something which comes from the political leadership.
It seems to me that what needs to happen is not tinkering with the financial system but a complete overhaul of the political systems and governance.
Dismantle the corporate state, dismantle the legal fiction that a corporation has the same standing in Law as a person, dismantle the legal fiction that a natural human being has a legal persona registered to the state. Bring back natural law and implement a constitution which reflects the will of the people—ok ok enough wishful thinking for one day lol
Narrative. You have to call a dog, a dog and a cat a cat, a rat a rat and a duck a duck. This law in unacceptable and will lead to unimanigeable abuse. Narrative my ass. The law is quite clear. Total abuse of the bill of rights. No protection. No defense. This law gives itself even the right of raping anybody in Canada and the Western world. Where are the safeguards ? Where is the accountability ? Hysterical my eye. It’s state terrorism at its worst. Completely abusive. As totalirian law as the ones found in Cuba or China.
Sell! Buy! Rebel! Wal-Mart Stocks My Movie by Michael Moore
‘The fact that Wal-Mart is carrying this movie—a movie that specifically exposes Wal-Mart’s past practice of taking out secret “dead peasant” life-insurance policies on its employees and naming itself as the lone beneficiary should the employee meet an “untimely” early death—well, my friends, need you any further proof that corporate America is so secure in its position as the ruler of our country, so sure of its infallible power that, yes, they can even sell a movie that attacks them because it poses absolutely no threat to them?’
Even if McCain could have been elected it now does seem that Obama was the anointed one as the Powers That Be realised that attacking Obama would be much more difficult as they can (and have) played the racism card to deflect opposition to any proposals which they want enacted into law.
I may not be interpreting what you are saying correctly.
But I am fairly certain that Obama would have won by a wider margin had the votes been counted correctly.
Hey Max and Stacey,
I’m going to visit my sister in Germany this summer. Too bad you guys don’t have a live studio audience like Regis and Kelly You’re funnier and much better lookin’ than them.
@Snoot. lot of talking going on. if you can look you will find. what do you believe is the question. paper gold? no such thing. i’m sure of that. anything else the PTB are up to is all speculation. IMO
Bravo, I agree that RICO, Asset Forfeiture, etc all should be used on the FedGov.Inc criminal entity that is sucking the US / World dry. Now, forgive my rush to judgement. However, since no real investigations are being planned (suppressed more likely). We have to go by the circumstantial evidence that is all around us. But, lets do this. Grab Elliot Spitzer set him up with another paramour, on the condition he files class action law suits against the Pin Striped Bandits. Then the states/ municipalities could seize these ill gotten gains return them to defrauded investors and have some left over for public sector funding. If Spitzer’s courageous action was due to his long tern tryst, then by all means lets give him a mistress stipend!!!!!!
Greg Palast is a legend, his remarks that 6 million votes were not counted in the 2008 election is incredible about what it says on the now almost complete inability of the American people to choose their representatives. Even if McCain could have been elected it now does seem that Obama was the anointed one as the Powers That Be realised that attacking Obama would be much more difficult as they can (and have) played the racism card to deflect opposition to any proposals which they want enacted into law. Can anyone/anything wake the American people up??
@ Ingrid @ Dan – Corruption is not at issue. Obama’s stance on indefinite detention is not at issue. The problem I have is with the narrative that Marc has laid out here.
Obama is indeed the worst nightmare since Adolf Hitler. In reverse. But don’t worry. Concentration camps in the United Slaves of America will be humming with activity in a couple months. Barry Satooro will not hesitate transforming the USA in a new Indonesia. Much closer to Nazi Germany in reality. Political dissidents all arrested, tortured and duly liquidated. Naturally in the name of fighting against 19 moronic “Arabs” all working for the CIA and the Mossad. If I was joking. Unfortunately it’s what happened and is still happening. No ailens SG.
Then cited the Mccain/Liebermann legislation
Then indicated that Obama is somehow at fault for the legislation and wants to round up Americans and “belligerents” from the rest of the world:
It’s from ACLU. I accords to the president DICTATORIAL power of arresting any political dissident he judges a menace OR a “potential” menace. USSR Stacy. Nazi Germany. Read your history. I am no alien, neither the ACLU or Amnesty International. You don’t what Obama has in store for the US and the rest of the world. You just don’t. The law is CRISTAL CLEAR !
Sorry, but that’s a hysterical logical fail and makes you sound foolish. To then call ME naive for taking exception with such foolishness is laughable.
No one knows for sure what the future holds. We can look back in history to see how events unfolded in the past. When you start to see striking similarities, you can’t help but sit up and take notice.
As for Obama, I believe he will sign this bill because he has advocated for this very idea before. From your past comments, you seem to appreciate the analysis of Rachael Maddow (I apologize if this is not correct). Here is a video of her take on the idea of preventative detention that Obama proposed during a speech:
“Professor Mundell called for a global currency to meet the needs of the global economy. He referred to the basket of currencies that constitute the Special Drawing Right (SDR). The composition of SDR, which currently consists of the Euro, the Yen, the Pound Sterling and the U.S. dollar, is scheduled to be reviewed in 2010. Professor Mundell emphasized that the review of basket of currencies must include the Chinese Yuan. This was necessary to reflect the importance of China in the world’s trading and financial
systems.”
Hey Mep,
I never met to hurt your feelings. You have a good heart and coming from that place it’s hard to believe that people can be that corrupt. Please watch this http://www.youtube.com/watch?v=VebOTc-7shU
Max is featured in it.
Political dissension against the Democrats or the Republicans, or what’s going in on Wall Street or in the federal government will soon be considered a crime or a potential crime. Like in Cuba. Exactly like in Cuba. Who has a fucked up reasoning Mep ?
@snoot
The Irish state under Nama will not own the property they will purchase they will own the loans to the property and if we cannot pay the loans over time the propertys will I think come under direct ECB control.
The function of NAMA is to protect bondholders from outside the state and give the banks a illusion of capitalisation (it will not be enough) – these mainly come from German banks who invested the surplus savings of Germans into the Irish Banks
Irish People are being forced into debt servitude that would make even the Icelanders blush.
Chapter 2
The Official Warning
Quite similat Mep ? It’s from the laws applied in Cuba. Fucked up my eye. .
—————————————————————————-
Article 75.
1. Anyone who, without falling under [the categories of] any of the states of dangerousness referred to in Article 73, by his or her ties or relations with persons who are potentially dangerous to society, to other individuals and to the social, economic and political order of the socialist state, may as a result develop a propensity to commit crime, will be given a warning by the competent police authority, to prevent the individual from pursuing socially dangerous or criminal activities.
2. The warning will be executed, in any case, by means of a written document that states the causes that establish the [state of dangerousness] and the information provided by the warned person, signed by the latter and by the acting [officer].
A Short History of the Imperial Presidency:
President Bush’s (now Obama’s) attempt to obtain increased wartime powers represent a troubling challenge to American civil liberties. But the challenge is not unprecedented:
•The Sedition Act of 1798 was selectively enforced by the Adams administration against newspaper writers who supported Thomas Jefferson, his challenger in the 1800 election.
•The very first landmark U.S. Supreme Court case, Marbury v. Madison (1803), established the power of the judiciary by resolving a separation-of-powers dispute between the President and Congress.
•In Worcester v. Georgia (1832), President Andrew Jackson openly defied a Supreme Court ruling–the first, last, and only time that any U.S. president has done so. (until bush II’s 2nd term)
•During the American Civil War, President Abraham Lincoln took on unprecedented wartime powers and violated multiple civil liberties on a large scale, including due process rights for U.S. citizens.
•During the first Red Scare following World War I, President Woodrow Wilson suppressed free speech, deported immigrants on the basis of their political beliefs, and ordered massive unconstitutional raids. His policies were so draconian that they inspired protesters to form the American Civil Liberties Union (ACLU) in 1920.
•During World War II, President Franklin D. Roosevelt issued an executive order calling for the forced internment of over 120,000 Japanese Americans, as well as forced surveillance, ID cards, and occasional relocation for immigrants from other perceived “hostile” nations.
•President Richard Nixon openly used executive branch law enforcement agencies to attack his political opponents and, in the case of Watergate, to actively cover up his supporters’ criminal activities.
•Presidents Reagan, H.W. Bush, and Clinton all actively pursued expanded presidential powers. One particularly stunning example was President Clinton’s claim that sitting presidents are immune from lawsuits, a position the Supreme Court rejected in Clinton v. Jones (1997).(clinton never heard of sovereign immunity?)
Boiled frog, anyone?
@ Ingrid – How I wish Mep what everyone is telling you isn’t true. Please don’t patronize me or pretend to know what’s in my head.
I’ve called out Marc for his fucked up, intellectually deficient logic. Period. Anyone who wants to go along with Marc’s logic is entirely free to do so. Personally, I think such logical leaps mixed with hysterical rhetoric brings down the collective IQ of these boards more than a few notches.
The new face of world fascism emanates from Washington and USA. This law is just terrible. It’s a threat to western democracy. Patriotism has nothing to do with arresting people for their opinions, torturing them and keeping them in a concentration camps . Obama is the worst nightmare because a lot of US fools think that he is different from Bush. Yeah he is indeed different. He is worse. Much worse.
I read that awhile back. Amazing isn’t it. It is nearly impossible to be law abiding. This is not an accident. Go along to get along and don’t piss off the wrong person.
The danger lies in allowing someone to define what patriotism is. If patriotism means supporting the current wars, I would be unpatriotic. If patriotism means not questioning the official 911 Commission Report, I am unpatriotic. If patriotism means wanting our money creation and control out of the hands of a quasi banking cartel, I’m unpatriotic. If believing naked body scans and truth detecting machinery is immoral and an invasion of privacy, I am unpatriotic.
If I organize, speak out and try to convince others of my beliefs, this bill may one day be applied to me. I guess I should learn to parrot the official version of truth to remain safe.
Would you two consider doing an episode of Keiser Report, On the Edge, or Truth About Markets regarding the student debt crisis? I don’t have the means to pay back my debts, and, furthermore, I think that Citi, etc. have breached the original contractual agreements based on that they are terrorists.
Thus far, I have sent letters to my creditors for student loans asking for deferment. Next, they can expect letters with my own recalculations based on the contraction of the US economy.
So, if the US economy has shrunk 8 percent, based on World Bank stats, then one of my loans, for example, will be brought down from $20,000 to $14, 400 or something (i forget the calculation exactly).
I think it is important, also, the way in which the colleges are starting to waken up after a long slumber. Although the sixties counter culture was, in many ways, totalitarian-minded , this bodes well for us all. So, the late millenials (my generation is called the millenials instead of Generation X), will have some sort of socio-economic-political consciousness. I am 23, and i don’t have many partners in the movement to avoid college indentured servitude. If i knew then what i know now.
I know you are busy, but there is no advice out there, for most of my friends and family here in the US have the mental capacity of a lobotomized child with down syndrome (no offense to lobotomized children with down syndrome). I love them, but they can’t handle the truth.
It’s still really hard for many people to wrap their minds about what is happening. Even here in educated Boulder, CO, people are still hoping that Obama will pull through. It’s hard to believe that ourl eaders are that corrpt – even sociopathic. How I wish Mep what everyone is telling you isn’t true.
I watch your report regularly and I have some questions that I like for you to address some insights in your show regarding the Swiss Banking and Swiss economy and Swiss Franc.
what are your perceptions about these topics?
Globally speaking, It looks like that every country is being attacked by these untouchable vultures , What would be our defense? Where would you protect your money?
@Dan II
It’s the intention. Abusing you, raping you and stipping of all your human rights. Just the fact of voting such an abusive law is an indication. The Patriot Act wasn’t sufficient for themé Who decides ? Who’s accountable ? Nobody. You give the President the power of a Nazi chancellor of a Communist dictator. It’s as simple as that. You can kiss goodbye to your political liberties and your rights to political dissents or contestation. If it quacks like a duck, swim likes a duck and wailks like a duck, it’s a duck. FASCISM. It’s clearly a fascist law. Nothing else.
@Marc … “The Enemy Belligerent Interrogation, Detention and Prosecution Act of 2010, introduced by Senators John McCain (R-AZ) and Joseph Lieberman (I-CT), ”
Wow … it’s amazing what MSM doesn’t print !
There was no proper 911 investigation IMO .. which basically says all.
Obama could be the messiah re-incarnate and still I would not hand him such a dangerous power. Who in the future will wield this power? The ability to make an end run around the protections of laws and allow the whims of a single man to banish people to the torture chambers of the military is unjust. We will become a country ruled by men. In the past, they were called kings, who’s decrees had the force of law. Many political enemies and dissident groups were summarily dispatched with this power.
It is not a question of whether this power will be abused (eventually it will). It is a question of should any man wield it.
@Mep
People like Mc Cain and Lieberman wipe theirs asses with the bill of rights. You still don’t get it. Nobody is getting in the USA and the rest of the world. This Nobel Peace Prize winner is a war monger, a neo-con. As bad as Bush. No worse than Bush. And by the way, there is a real good chance that the law will pass. Want to bet Mep ? You will lose. We will all lose.
@Mep
Hey. Come on ! Cut it out Mep. To say somebody is naive is not an insult. You are talking to Numéro Uno naive. Moi too I am naive Mep . Me too Mep I was quite naive. So naive is an insult. Gees !
So, why all this speculation and derivatives? So what makes money managers the only greedy people in the world? Basically, these bubbles are created by money managers looking for some way to get a decent return on the money they are managing. It’s next to impossible to do with real, productive investments when there is too much capital compared to the need for capital to fund real projects. So money managers and the investors that use them resort to leverage and derivatives that hide risk to get a decent return. This pushes the activity into the immoral and near illegal realm. The solution is to rebalance the accumulation of capital and the need for capital. This can be done by increasing taxes on capital accumulation activities and reducing taxes on consumption and the incomes of consumers, largely made up of the middle class. This will increase demand for capital and reduce the capital available to meet the demand, causing rates of return on capital investment to rise to levels where leverage and risk hiding are not required.
. . . going out to help the snow melt so that I can start digging my fallout shelter so that I have a place to hide when they come to grab me for the concentration camps. Later y’all.
The new legislation by McCain and Lieberman is about “truth arbiters”. An unlawful act is not required. The planning of an unlawful act is not required. Merely the suspicion of possible future crime is sufficient. Who will decide if your dissent is dangerous and untruthful? Those who you speak against will decide.
You may not appeal to your peers to save you from an unjust accusation. You will be silenced and only the version of events deemed truthful by your captors will be uttered. No revisions. No appeals. No voice.
A point to recall on Obama’s position – Obama has called for preemptive detention in the past. This bill is the legal method to achieve his policy.
There is a tourist town called Sibiu that basically looks like it’s owned by the UN, rather than actually being part of Romania.
It’s kind of like a historical Disney World, where the ancient village was carved away from Romania by the UN, re-built by the EU, then re-opened as “The Cultural Center of Europe” in 2008.
Bottom line: it looked like a takeover of the type that the Germans are suggesting for Greece that actually has been completed (maybe the deal was cut when Romania was allowed into the EU).
So, the One World owners of Sibiu create their new Romanian Disney World, hire the local peasants to run the park, drive tourism into the area by declaring it a heritage icon, and reap the huge profits from the takedown.
glad you are still engaging…did that obsessively for several years…but now I will occasionally send an e-mail or sign a petition…sorta gave up…sad but true…I try to stay well informed and educate others who stray into my orbit but that is to little for what needs to be done
the civic life has been effectively destroyed in America, so has the most rudimentary social connections between citizens which have been eviscerated by the needs of our economy and our Culture….the teeming masses are now an ignorant mass of inarticulate rage, screaming talking points that furthers their own helplessness and certainly insures the current system remaining unchallenged
they/we have had 60+ years of constant indoctrination, we no longer possesses the words to explain our condition let alone name those responsible and take the first steps to changing
every vision of a different means of organizing ourselves or taking any action no matter how minute is immediately seen as the first steps into the Gulag….well a Gulag worst than the one we are currently inhabiting
Oboma is a corporatist president out of the linage of the DLC folks Like Clinton was and even Carter…but the great unwash view him as a Communist/Marxist/Fascist/Goat F(&&(*ER its laughable…if it wasn’t so sad
I must agree with Marc Authier on this one that is a very bad piece of legislation. While I do not think Obama is responsible it is clear that Right wing forces are in complete control of this country and its government.
I would not underestimate the ability for the scum to pass it. Especially when you consider the fact that they will likely resubmit it until it does pass. They can resubmit it after the congress and the senate “rebalance” in November and again November 2012 etc.
“More surprising, perhaps, was the unimportance of exotic finance: Ireland’s bust wasn’t a tale of collateralized debt obligations and credit default swaps; it was an old-fashioned, plain-vanilla case of excess, in which banks made big loans to questionable borrowers, and taxpayers ended up holding the
bag.”
?
“DUBLIN — Ireland will take commercial-property assets off the books of six of its biggest lenders and house them in a new state agency, a plan it hopes will restore international confidence in the nation’s financial system.
If necessary, the state will take majority stakes in Ireland’s two main banks.
Irish Finance Minister Brian Lenihan said Wednesday that all land and development loans of Ireland’s major banks will be housed in the new National Asset Management Agency. On Tuesday, the government announced plans to establish the agency, removing from the banks loans with a book value of €80 billion ($106 billion) to €90 billion.
The move makes Ireland the first nation in the euro zone to use an industrywide, government-sponsored “bad bank” to remove toxic assets from the banking system. The assets will include both healthy and impaired loans, ranging from undeveloped land to residential and commercial developments.”
“Irish bank shares rallied strongly last week, with Allied Irish Banks closing the week up 40 per cent and Bank of Ireland rising more than 20 per cent, as investors reassessed their survival prospects following news that the European Commission had approved Dublin’s bank rescue plan.
Clearly investors believe it is a good thing. But some analysts warn the government – and indirectly the Irish taxpayer – could end up as the reluctant owner of hundreds of hotels and pubs, unfinished office blocks and much farm land.
Under what is essentially an asset swap, a government-run “bad bank”, the National Asset Management Agency, will take responsibility for €80bn ($109bn, £72bn) of loans to builders and developers in the boom years.
The government is adamant Nama is not bailing out Ireland’s politically connected property developers. Yet if Nama is to avoid becoming Ireland’s largest landlord – by taking title to the properties on which those loans are secured – it is going to have to keep the property barons afloat.
Fitch, the credit rating agency, says Nama “will contribute positively to the functioning of Irish banks’ commercial activities, although at a high price for the country and the banks themselves”.”
What is Krugman going on about? Ireland was bailed out by Germany/EU council at the expense of the taxpayers through a scheme which should make Basel cringe: taking the cmbs off the books and sweeping them under a rug.
@Mep
Hey. We will see. A couple of weeks ago your dear Obama authorized the assasination of “foreign enemies” by the CIA. No arrest needed. Mep you are dreaming. WE WILL SEE. It’s bi partisan. Yeah they are war mongers Mep. So is Obama might I remind you you naive Mep. So is Obama.
@ illinois Brandon – You’re right. The problem now is that the Patriot Act has become so accepted already by both politicians and the public that it’s going to be very, very hard to build a coalition large enough to demand that it is repealed . . . especially now that we have so many other pressing concerns to contend with as a country.
@ charles – I agree. Organization seems to be the biggest problem. The local chapter of Progressive Democrats of America is strong here, but even they don’t get together enough or focus on acting locally; they seem to spend most of their time putting pressure on the party leadership via petitions, calls, etc. I keep writing to my “representatives,” even though it seems useless. My Congressman actually writes real notes back to me. He’s a waste. In his latest response, he claimed that the Goldstone Report was “one-sided.” Whatever.
Mep this is so true. I live on theIllinois-Wisconsin border and I don’t agree with Russ Feingold on many things. I love the man for voting against the Patriot Act after 9-11 it took alot of guts. The failed Drug War really began the process of eroding freedom in the US.
@ Marc – Been a card carrying member of the ACLU for years. (In fact, I have an ACLU sticker covering up the logo on my laptop.) Didn’t need to develop an irrational fear over one piece of introduced legislation in order to become a member. Too bad that so many others never cared about civil liberties until years after they were stripped away, or until the Empire started collapsing.
sorry just got in from work…the problem with a lot of the people that voted for Oboma and the Democratic party…is if you want Universal Health Care, a reinstatement of Glass Steagul, other significant financial re-regulation, some formal prosecutions for fraud, coupled with maybe a Tobin Tax to slow the machine down and revenue stream for some much needed social spending, a true de-escalation of the Empire abroad for the same reasons…
well if that is what people wanted…then they have to on the phones everyday…in their representative’s face….in the street…one didn’t have massive New deal style reforms until FDR saw Millions of people in NY and elsewhere in the street…you have to put the fear of G-d into em…Politicians are placid creatures and respond well to demands and even intimidation…that was How TARP was passed…and if the White House and US Capitol is not swayed by several million folks on their doorstep then one has to go where the real power is…put a million people outside the doors of Goldman Sach’s, JP Morgan’s, CHASE’s, CITI’s and BOA’s corporate offices
and it cant be a onetime event…to maintain the republic you have to civic ally engaged day in and day out
not just vote in a blue moon for the coolest Lifestyle brand candidate (that was all Oboma was, he was Starbucks for a bunch of yuppies who wanted to seem cool, but truthfully don’t want fundamental change)
Get a membership card in the ACLU and Amnesty International TODAY.
No get a hold all of you. These of laws are the worst nigthmare coming true. It nothing to do with Al-Quaeda. It has to do with simply killing freedom of speech and political dissidence. Like in Nazi Germany. So you say Goldman Sach stole the taxpayers and Obama works for them. Pow arrest, interrogation, torrure. Immediately labelled an “enemy belligerent” and sent to the concentration camp. You dissapear like in Augusto’s Pinochet Chili. And the goons arresting you have nothing to justify. You become overnight non existant. NAZI GERMANY. Read the law instead of asking me to get a hold. The results in the end will be the SAME.
@ Phil – Yes, I got a kick out of Colbert accusing Goldman of insider trading re: helping Greece hide their debt. It’s sad when Comedy Central offers more accurate news and better analysis than the corporate news.
Every American would be required to get a national ID card to work. They say this would be to stop illegals from getting jobs. I say Bull this is about the expanding police state in the US.
Obama is your worst nigyhmare because at least with Bush we knew what the demon was; a fascist and a crook. In the cas of Obama everything is done smothly.
Suddenly youy wake up and you read this type of law being introduced by Mc Cain and Lieberman, and you say to yourself “Where did I see a type of law of this nature ?” In Nazi Germany and in Stalin’s USSR. It’s not voted yet. Just a question of a couple of weeks.
@ Marc – Again, can’t help but weigh in on your comments to Stacy. You say:
You don’t what Obama has in store for the US and the rest of the world. You just don’t. The law is CRISTAL CLEAR !
Now, come on. How can you honestly make the claim that because this legislation was introduced by two war mongers, it naturally follows that a) it will pass, b) Obama wants it to pass, and c) Obama has concentration camp enslavement in store for US citizens and the rest of the world?!
It’s from ACLU. I accords to the president DICTATORIAL power of arresting any political dissident he judges a menace OR a “potential” menace. USSR Stacy. Nazi Germany. Read your history. I am no alien, neither the ACLU or Amnesty International. You don’t what Obama has in store for the US and the rest of the world. You just don’t. The law is CRISTAL CLEAR !
@Authier – it started under Bush; like I said, nothing new under Obama; stop trying to make him seem uniquely anti civil rights; all US presidents are going to have to be deranged at this point as the empire collapsing demands it . . . all just a matter of degrees now
@ Marc – Yes, Law introduced by McCain and Libierman . And it will NEVER fly. What these fools are proposing with their “key component” of withholding Miranda warnings is 100% un-American.
Unless you have evidence that Obama asked the two goons to introduce that legislation, you can’t put that crap on him.
In sum the law goes the following way. President Obama decides that Stacy Herbert and Max Keiser is an “enemy belligerent” are a menace to the interest of the United Slaves of America.
Automatically the bills of rights is suspended. He can decide like Joseph Stalin to proceed to your indefinite arrest, interrogation, torture and naturally your liquidation. It’s in the law godamnmit ! It’s writen to strip Americans, but even more crazier, to strip all persons of allied countries of their basic humain rights.
@Youri – yeah yeah, I know who killed how many; that’s included in the etc. etc. and Lenin was before Hitler, Stalin was at the same time, so add in Mao, yes, indeed
@Youri – poor Americans have been forced into the meat grinder since the U.S. ended the draft after the Vietnam war; ain’t no different for Barry . . . the war machine will only stop if middle class luvvies have to send their precious children off to war
@s.herbert
yeah, really nice pic… nice shades, wind in the hair… lovely… ishame it looks like you havejust realised you didn’t change the batteries in Max’s remote control device!!!
USA has declared war to Europe. I really think that USA to save the dollar has decided to ruin Europe. I detect a plot here. No doubt about it. It’s going real well. Kill the Euro and destroy Europe. You stupid Europeans. Never trust the USA and specially the New-York gansters from Wall Street. You can expect all of Europe, Germany included, imploding.
@ronron
Obama is indeed the worst nightmare since Adolf Hitler. In reverse. But don’t worry. Concentration camps in the United Slaves of America will be humming with activity in a couple months. Barry Satooro will not hesitate transforming the USA in a new Indonesia. Much closer to Nazi Germany in reality. Political dissidents all arrested, tortured and duly liquidated. Naturally in the name of fighting against 19 moronic “Arabs” all working for the CIA and the Mossad. If I was joking. Unfortunately it’s what happened and is still happening. No ailens SG.
What really mattered was free-market fundamentalism. This is what led Ronald Reagan to declare that deregulation would solve the problems of thrift institutions — the actual result was huge losses, followed by a gigantic taxpayer bailout — and Alan Greenspan to insist that the proliferation of derivatives had actually strengthened the financial system. It was largely thanks to this ideology that regulators ignored the mounting risks.
Does anybody think that all this insanity is just a necessary part of evolution to purge the earth of rampant and idiotic consumerism. Maybe it would be a good thing if the oligarchs imprisoned all the walking zombies.
@Y’All
had to happen, I’m suprised it took so longI long… maxleiser.com advertises ‘Massa Card’…. nice to see the little ad for resonance 104.4fm, though!!!
Thus far here in America, we’ve witnessed a lot of taxes and user fees raised by the government, and businesses that have seen competitors fall away have increased prices. That’s a variation of inflation, which will be exacerbated by more money printing.
Tax soda, pizza to cut obesity. (Personally, I’m on the fence about taxing soda; however, we won’t “cut obesity” so long as more and more people are unable to afford anything but processed foods full of fat, sugar, additives, and empty calories.)
Still the same, huh? I would have thought that Croyden would look like Hiroshima round about now considering it’s reliance on retail business, it’s proximity to multiple council estate badlands and the combination of immigrant populations + high numbers of BNP supporters. I can harly imagine an area of London that is going to come out worse in the current historical shift to… wherever.
It was a scary job to start with but I am thankful now. It where i learned to say “go on then mate, I’ll give you first swing if you want to fight so bad” to stoned little wannabe gangbangers without letting my knees shake. U useful skill, let me assure you.
Potemkin villages were purportedly fake settlements erected at the direction of Russian minister Grigory Potyomkin to fool Empress Catherine II during her visit to Crimea in 1787. According to this story, Potyomkin, who led the Crimean military campaign, had hollow facades of villages constructed along the desolate banks of the Dnieper River in order to impress the monarch and her travel party with the value of her new conquests, thus enhancing his standing in the empress’ eyes.
“I’m sitting there showering, naked as a jay bird, and here comes Rahm Emanuel, not even with a towel wrapped around his tush, poking his finger in my chest, yelling at me because I wasn’t going to vote for the president’s budget,” says the 50-year-old, soon-to-be-former-lawmaker from Upstate New York.
“Do you know how awkward it is to have a political argument with a naked man?”
@ charles – re: elections – I was thinking last week that the majority of the country who voted for Obama and handed the Dems their majorities should start our very own “Where is my vote?” campaign in order to highlight the fact that Dems are failing to follow through on the promises that came along with the mandate given them. That, and when it comes to the wars/occupations, health care, the bailouts, etc. the majority is failing to represent or even listen to what the majority of the public at large is asking for.
if stolen elections are meaningless in the great scheme of things…then how exactly does one hold people accountable for “stealing the country”?
stop buying shares of Goldman Sachs and CITI? I’m sure they fret over the great multitude stop buying their products
as to Palast not wanting to urinate on the great multitude in the European right…who could blame him…I feel the same way about the great unwashed here…haven’t watch show yet…in the great retail scam
Detroit, the very symbol of American industrial might for most of the 20th century, is drawing up a radical renewal plan that calls for turning large swaths of this now-blighted, rusted-out city back into the fields and farmland that existed before the automobile. http://www.huffingtonpost.com/2010/03/08/detroit-wants-to-save-its_n_490680.html
So when does the trial start? You only need to start a website called
SueTheShitOutOfTheBanksters.com and you’ll be catching donations like venerial diseases in a Freetown brothel..This financial faecology must lead to somthing constructive..
Security guard at the Whitgift shopping centre – that must have been a scary job! It’s still the same as ever, a very sleazy place. lots of empty office blocks now in central Croydon. They did have a plan a while back to redevelop the area along the lines of Barcelona (I know!) but don’t know what happened to that, suppose the money wasn’t there, and a pretty impossible task I would have thought.
Re: Keiser Report – A little feedback on the show.
It may be a trifle but I have noticed this over many shows now that Stacy do not look to the viewers/the camera at all. Please talk more direct to the viewers, look more to the viewers, include us in your conversation with Max. For inspiration look to Max as he manages to balance this much better, switching back and forth between Stacy and the viewer. For what it is worth…
@Y’All
if greg palast wouldn’t piss on a large part of his European readership, I dread to think how he would feel about those same kinda people who post on here… I think greg palast was alrigth, huh… he maybe a bit of a hypocrite, but who aint… at least he is truthful enough to admit that he tries to make money from the same system he criticises!!!
Mr. Spitzer never prosecuted a John. He only legislated that when caught their fines could be increased.
(“In light of the policy of the Department of Justice with respect to prostitution offenses and the longstanding practice of this Office, as well as Mr. Spitzer’s acceptance of responsibility for his conduct, we have concluded that the public interest would not be further advanced by filing criminal charges in this matter,” he said in a statement.) The DOJ also chose not to charge Mr. Spitzer for transporting a woman across state lines for the purpose of prostitution—a violation of the Mann Act. Congress might be interested to learn that its laws are being effectively nullified by DOJ policy.
@ ronron – your aspartame link reminded me of this. I was excited to see that report; it’s about time that people brought a case against Syngenta. The US is the only country that allows Atrazine to be used.
@ Stacy – OT, but I’m curious . . . have you come across any more info. on that potential mandatory savings rule for the US that Ellen Brown mentioned on your show?
How many rich people are there in Greece? The people should demand that they pay back the private debts of the banks. The wealthy has been trickling up globally for long enough. The people who have been benefiting the most from tax laws, loopholes, corporate welfare, insider trading, wars, drug trafficking, arms deals, racketeering, etc. should be the ones paying the debts that were accrued on THEIR behalf!
Greg Palast is right! Calling them “Vulture” is scoffing these noble animals who can spot a dead animal for miles away and really serve a very useful purpose in nature.
Maybe the Swiss lawyer can make a case out of it and it would be nice to have a vulture in court to see what he or she has to say about it. http://www.youtube.com/watch?v=luKU53ihiK8
Hey,Croyden! I used to be a security guard in the Whitgift Centre back around 2002-2003. Are any of the units empty? Are the fire escapes filled with glue sniffing urchins?
Give me an update please!
Palast’s reportage about stolen elections is a distraction. Elections are a farce. The whole country’s being stolen, and we’re supposed to fret over uncounted ballots? Too late for that.
Thanks Greg … I also said this on the day they took him down .
No Brainer IMO !
Spitzer should start his own political party ( with Ron Paul ) and air the Establishment’s dirty washing – in the finest detail – for all Americans to see.
The only problem is , if they were dumb enough to let him to be removed , then I doubt they’ll be smart enough to vote for him .
Really Sad .
…and here is the jubilee debt campaign, which is trying (and succeeding so far) to make it impossible for vulture funds to use British courts to attack poor countries like Liberia http://www.jubileedebtcampaign.org.uk/
“[In his eyes] his fans are too conspiracy-theory-minded. Too anti-American. Too antisemitic. “A large part of my European readership I wouldn’t urinate on,” Palast told the Forward. Some Europeans aren’t so wild about him, either. Unlike some of his fellow Jewish lefties, Palast is not ready to dismiss antisemitism when he sees it. “The members of the Jewish left — and I certainly am one of them — are very glib about antisemitism and the dangers out there,” he said. “The British left is infused with the worst elements of antisemitism.”
@maxkeiser.com
coparing tyneside to the global situation… ha, ha, please stop… I’m choking on my own vomit… brilliant… tyneside, has always been just slightly less miserable than a wet wedneday morning in omsk!!!
Very true about the fake shop fronts. I’ve been talking to my local council (Croydon) who are keen for artists to put work in the windows of the (many) empty local shops. I suppose you could say they are disguising the collapsed local economy, but on the other hand it’s good for the artists – who get opportunities to show their work.
Good interview.
When are you guys going to interview Thomas Woods about the “Depression of 1920,” when the government did virtually nothing and the economy still miraculously recovered?
Hi Max & Stacey,
Saw your cool show last night on RT – was shocked to hear North Tyneside on the show – the town with the fake store-front’s in is Whitley Bay. It’s a former seaside resort that fell on hard times and now pretty much relies on “stag parties” and “hen parties” to make money.
The stores closed (Woolworths + M&S) and now not that many people go, they prefer the large malls in Newcastle and Metrocentre (Gateshead).
I live just along the road and in my little town so many stores are shut – and it’s charity stores, fast food outlets and bookmakers…….great huh?
Anyway keep up the great show – can’t wait to see the US Embasssy moat!!
Richard Portes Says CDS Are `Demonstrably Dangerous’ – Benefits limited- Let’s do away with them! Bloomberg Vid http://www.youtube.com/watch?v=UAq_O3GST4I
Germany’s exports unexpectedly drop 6.3% in January on month http://www.marketwatch.com/story/german-exports-unexpectedly-drop-in-january-2010-03-10
U.K. Jan. manufacturing output falls 0.9% http://www.marketwatch.com/story/uk-jan-manufacturing-output-falls-09-2010-03-10-44900
China’s February trade surplus shrinks to $7.6 billion
China’s trade surplus narrowed further in February to $7.6 billion from $14.2 billion in January because of soaring imports, according to government data released Wednesday.
China’s trade surplus during the month came in lower than the $8 billion expected in a Reuters survey of economists, but was higher than the $6.4 billon estimated in a Dow Jones Newswires poll.
When compared with the same month last year, both exports and imports grew at a higher-than-expected rate, with the value of imports climbing 44.7%, reflecting growing domestic consumption on in mainland China. The value of outbound goods and services surged 45.7% from February 2009 on a recovery in demand for Chinese goods.
The growth in exports is likely to add to international pressure on China to allow the yuan, also known as the renminbi, to appreciate.
http://www.marketwatch.com/story/chinas-trade-surplus-shrinks-further-in-february-2010-03-09
@ You’re the first person I’ve heard to repeat my own beliefs that the future is in a barter economy. In order to undermine centralized
Hey Hey
I suggested it FIRST SOME 4 -5 months back
WTF Credit resides wit BONN
lolololololol
Hic
Day by Day it’s getting worse
good ol tera ferma
lololol
Hic
Why European debt matters to the United States http://www.marketwatch.com/story/why-european-debt-matters-to-the-united-states-2010-02-10
@ Stacy H/T ?
43% have less than $10k for retirement
NEW YORK (CNNMoney.com) — The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday.
The percentage of workers who said they have less than $10,000 in savings grew to 43% in 2010, from 39% in 2009, according to the Employee Benefit Research Institute’s annual Retirement Confidence Survey. That excludes the value of primary homes and defined-benefit pension plans. ………..
Pinched from Peter Schiff’s site
lolololol
Hic
http://money.cnn.com/2010/03/09/pf/retirement_confidence/index.htm
Japan’s core machinery orders down 3.7% in January http://www.marketwatch.com/story/japans-core-machinery-orders-down-37-in-january-2010-03-09-192420
Pessimism prevails – Worries about the economy loom for investors http://www.marketwatch.com/story/economic-worries-loom-for-investors-2010-03-09
HELLLLLOOOOOOO!!!
Financial markets now ‘back to normal’ says English
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10631131
Really?
AJ on Iceland with Brigitte Jonsdottier
http://www.youtube.com/user/TheAlexJonesChannel#p/a/u/2/zgdqFm8YZkA
@chArles
I think I’d like you to be my dad!!!
financial jim crow laws to continue
A Consumer Bill Gives Exemption on Payday Loans
http://www.nytimes.com/2010/03/10/business/10regulate.html?hp
max
RT Shows Canadian on Trial For Trying to Arrest War Criminal Bush
VIDEO: Bush is a War Criminal
VIDEO: Citizen’s Arrest for President Bush?
My dearest Mr. Keiser:
In today’s segment of the Keiser Report (No. 23, with Stacy Herbert and Greg Palast), Ms. Herbert offered an unusual geophysical headline: the length of Earth’s day has been shortened by 1.26 milliseconds, or some such, because of Chile’s monstrous earthquake. You, in your inimitable style, then tossed off an estimate of Goldman suffering due to this abbreviated day, saying that Goldman’s normal daily HFT skimming of $100m might fall to, say, $98.5m. Your gut feel is grossly wrong.
Intrigued by your approximation, I ran the numbers. In round numbers, 1.26 milliseconds represents roughly a hundred-millionth of a day. Hence, if Goldman is skimming $100m per day, then the Chilean earthquake and its planet-rotation anomaly will wipe out about one dollar of Goldman revenue each day.
Just thought you’d like to know.
Regards,
Ma
MK: I knew that.
Hey Max…
As I was watching listening to our appearance on Alex Jones and you mentioned the Hollywood Stock Exchange, it struck me it would be a great topic for my masters thesis….ahead of them masses and the forming of a bubble! So maybe I could frame it something like “The Next Stock bubble: Hollywood Stock Exchange”. What you think, as you are the direct primary source of this invention I thought it would be great for our opinion!
Again I know you are always so busy, so any reply is always very much appreciated.
P.S You and Stacey should come to Dublin and maybe record a show here. You have a big Irish following on maxkeiser.com!
Thanks once again Max,
Max,
I recently graduated from college last December (2009). I want to bring competition where it didn’t exist before–creating a way for lots of people to conduct business without the use of money or the banking system seems like a great way of moving relevance away from the old centers of power (banks and governments). I’m looking to work at investment banks only because it seems like the obvious way into the more creative areas of finance…which is why I’m emailing you.
You’re the first person I’ve heard to repeat my own beliefs that the future is in a barter economy. In order to undermine centralized power, though–I think it’s going to be necessary to protect the everyday person’s privacy when they trade by making it impossible for their identities to be traced. There needs to be a transparent market that no one can take credit for and outsiders cannot regulate or manipulate by force.
How should I go about creating something like this (the world really needs it)?
Max:
I know you must receive countless correspondence via email, and this may have been suggested before, but our country is in grave danger. As one single voice, I would like to suggest a mass protest this summer against the Wall Street parasites, who have gambled this and future generations prosperity against a black hole of derivative speculation. The bankers continue to pay out their record bonuses, and the mainstream media refuses to lay out the truth as it truly is. The people must confront Wall St. to send a message to the government. You have a platform to call on Americans to stand up against this outrageous theft. Forget all of the other issues, we can all agree that it is crucial to identify the criminal banking cartel. Speak to other influential people in your life, and plan a march/protest/show of force 4 to 6 months out, so everyone who is awake can take the necessary time off to march on Wall St.
I believe the numbers who would show up for this would stagger the establishment. This could be a-political, just calling out the Goldman, JP Morgan, and Morgan Stanley types for destroying our economy. You have done wonders informing the public, and continued education is invaluable. But in the near future the people must come in the streets. Please, consider this revolt against banking dictatorship, a rage against the banks. Thanks for reading.
Sincerely,
J.
@ggees
gratzi mimico, buona notte,
Gore Vidal in Venice Part 1 of 12
http://www.youtube.com/watch?v=arpBosfIe6Q&feature=PlayList&p=A242949C1F9F4BB8&playnext=1&playnext_from=PL&index=22
Aussies are overdue for a correction
@ Underfunded
Im Italian so a black shirt seems more appropriate LOL—–VIVA IL DUCE!
Are Aussies finally starting to catch on…..?
http://www.smh.com.au/business/home-loans-slump-most-in-a-decade-20100310-pxpp.html
@ggees
good work, now get that black one ready,
we are about to switch the color guard
Frank Zappa interview: 1988
http://www.science.uva.nl/~robbert/zappa/interviews/Bob_Marshall/Part06.html
Oakland riot police respond to protest march
http://www.youtube.com/watch?v=NsjadfLYnD4
AMERICA YOU PITIFUL FUCK
Hows this for trickle down economics!
Women of all races bring home less income and own fewer assets, on average, than men of the same race, but for single black women the disparities are so overwhelmingly great that even in their prime working years their median wealth amounts to only $5.
In a groundbreaking report released Monday by a leading economic research group, social scientists turned a spotlight on the grave financial challenges facing an often overlooked group of women, many of whom could not take an unpaid sick day or repair a major appliance without going into debt.
Read more: http://www.post-gazette.com/pg/10068/1041225-28.stm#ixzz0hkCwDUwn
1 pixel = $1 million
http://i.imgur.com/C5hAo.gif
@ underfunded
I got my brown shirt today! Im ready to march lol
@max
you and palast really brought out the imf hacks.
you two together scare the hell out of golman sachs and friends,
the more sides we can hit this beast from the better,
Keep Kicking Ass Keiser!
excellent article on the Greek crisis and the global scenario (French)
http://www.scriptoblog.com/index.php?option=com_content&view=article&id=456:la-faillite-grecque-leurre-levier-ou-laboratoire-&catid=39:economie&Itemid=54
viva el keiser!
301st
Hey Jon,
I tried to answer your ?, My computer keeps crashing…
@ingrid
that was more of an observation, than a recommendation.
I feel we must laugh in the face of tryanny, for it is only our fear that supports it.
ingrid, its all about learning and changing. YOu learn better if you have to learn. And hard times makes one learn. Evolution. IT ain;t easy. But if you take it with a smile and good will life can be great.
Then tell me how to laugh!
@ingrid
yes, in a world gone mad, jokes are abundant, but laughter is scarce.
And of course, my computer is crashing. Until tomorrow….
@underfundedmentalist
Amen!
At this time, it’s gettin’ harder to joke.
hi ingrid,
i think ehswan was making a joke,
most, if not all of my jokes stink, work in progress? not much to show for it.
i loved your shovel comment earlier,
but i say the hell with a fallout shelter,
let’s bury the bankers!
@ ehswan
How exactly is Lloyd doing Satan’s, I mean god’s work?
snoot is not responding. bye y’all
@Snoot. half of the public sector is fucked.half of the private sector as well. gonna be like 1951.
@Snoot. thats why the stock market is gonna crash soon snoot.
@ehswan
Yep, not even god can compete with goldman’s cash for chaos business model.
in response to Ted, when Austerity comes to America it will be dressed in the guise of a sacrament and because of our Puritan heritage will dutifully submit….
“we suffer because we are unworthy, we are unworthy because we suffer.”
@Snoot the profits gotta be wiped out or printed snoot.
@Snoot. you know all the money people think they own.it’s on paper snoot. there gonna want it. trillions snoot.
@ronron:
Liquidity?
ask ted. http://www.youtube.com/user/tenebroust#p/a/u/0/5tkriVzTeZ8
@Snoot. what is this liquidity in the market?
Goldman Sachs is being unfairly attacked by the unscrupulous M. keiser in this report. Any thinking person must realize that the global economy must be destroyed to precipitate a massive,(4/5) die off of the human population to prevent the total collapse of the Earths ecosystem. THINK ABOUT IT! Loyd Blankstein, was telling the truth when he said he was doing “Gods work” !
@Snoot. yes a default but for now printing. where do you think the food stamps and pensions come from?
ok. thank you mask man. http://www.youtube.com/watch?v=1tjWYEMQ70w
What printing? We are set to meet a 3% deficit to GDP by 2013. Those buggers are DEFAULTING.
2007 cmbs will become problematic in 2012:
http://www.mortgagebankers.org/tools/FullStory.aspx?ArticleId=4295
At least two-thirds of commercial mortgage-backed securities loans maturing between 2009 and 2018, $410 billion, will unlikely qualify for refinancing at maturity without significant equity infusions from borrowers, said a report from Deutsche Bank, New York.
The Future Refinancing Crisis in Commercial Real Estate said more than 80 percent of 2007 CMBS vintage will unlikely qualify for refinance and borrowers will need at least $100 billion in additional equity to help loans qualify.
“Our [conservative] estimate of maturity default-related losses for fixed rate CMBS is $50 billion, 6.5 percent of the aggregate outstanding balance,” the report said. “We estimate that maturity default-related losses will be at least 4.6 percent for the 2005 vintage, 5.8 percent for the 2006 vintage and 12.5 percent for the 2007 vintage.”
@Snoot. start up the printing.
http://designersi.com/users/12415/downloads/RE_2Sep2008_NBF.pdf
Interesting study on cmbs maturities and possiblities of refinancing according to risk. Totally defies the logic in this ridiculous article:
http://www.businessinsider.com/heres-why-commercial-real-estate-isnt-going-to-destroy-the-economy-2010-3
to my “fellow travelers”
http://www.youtube.com/watch?v=lQrAULjiysk&feature=related
@Phil
Yes I agree, see here; by yours truly.
http://problems.ie/index.php/blogger/the-world/33-hey-greece-stick-em-up
Jimi Hendrix – Like A Rolling Stone @ Monterey Pop
http://www.youtube.com/watch?v=gYwZ8I8wOGA
“The FDIC, he notes, has so far extended existing safe harbor rules until the end of March. If nothing changes, ratings agencies will find it difficult to rate new securitizations this spring, meaning, as Deutsch says, “securitization will ground to a halt in April.”"
http://www.thedeal.com/newsweekly/features/cover-stories/whither-securitization.php
for my friend SG. http://www.youtube.com/watch?v=sXJg8G02PD0
for that cutie snooty. http://www.youtube.com/watch?v=EviIu2YqVyg
….oh oh oh can I play too!!!
MAGGOT BRAINS!!!!!
Funkadelic
http://www.youtube.com/watch?v=dh3bleXWaCk
@ Giuseppe
Thats why I decided to escape to New Zealand been here for 3 yrs now to ride out the coming storm
The Who
Won’t Get Fooled Again
http://www.youtube.com/watch?v=Rp6-wG5LLqE&NR=1
Instant Karma – John lennon
http://www.youtube.com/watch?v=EqP3wT5lpa4
The Who
Baba O’Riley
http://www.youtube.com/watch?v=SCNeVHv3Mlg
@freds fam
All i know is that if you ask someone to murder someone else and the police hear about it…
http://www.texnews.com/texas97/mom030197.html
“Ms. Holloway had served six months of a 10-year sentence after pleading no contest to solicitation of capital murder. She will be on probation for the next 9-1/2 years.”
At least China is finally going the humane way by trying to ban eating dogs and cats. http://www.cnn.com/2010/WORLD/asiapcf/03/09/china.animals/index.html
What will it take for the Banksters to stop devouring humanes?
@ Palantiri
I wholeheartdly agree with Your opinion about the the pattern of discussion and debate on this site. We’d better try to focus on the issue to draw a deeper and clearer picture about what is really going on.
Jibber Jabber – China
King’s Cross to Beijing in two days on new high-speed rail network
http://www.telegraph.co.uk/news/worldnews/asia/china/7397846/Kings-Cross-to-Beijing-in-two-days-on-new-high-speed-rail-network.html
Squeezing in a Jibber Jabber on ACTA, global copyright agreement.
European Parliament unites against 3 strikes, ACTA secrecy
http://arstechnica.com/tech-policy/news/2010/03/european-parliament-unites-against-3-strikes-acta-secrecy.ars
“The European Parliament is fed up with the secrecy surrounding the Anti-Counterfeiting Trade Agreement (ACTA). Today, representatives from all the major parliamentary coalitions introduced a resolution demanding that the European Commission release all negotiating texts, inform Parliament about the negotiating process, and absolutely refuse to countenance any sort of “three strikes” Internet disconnection penalty for online copyright infringement.”
P – to be voted on tomorrow, this is going to be quite interesting to follow.
@marietta
trying is very passive until you succeed.
Many are trying to get a job, how many will this year.
Money exchanged, contracts, buckwheats
these things are crimes.
@Per
That first video was nothing special, but that 2nd one re:”Italy being next” had something interesting mentioned…
TRANSPARENCY INTERNATIONAL
http://www.transparency.org/
Looking at the map (I’m still looking through their tabulated results) you can see what countries are PERCEIVED to be the most corrupt…
Germany is perceived to be more corrupt than Canada?
while New Zealand is the least corrupt in the world…
Very useful… thanx for that inadvertent link
@max keiser
another great show.
I would love to hear you and greg palast debate peak oil sometime.
Thank you,
& you too Stace!
palast on peak oil
http://www.gregpalast.com/obama%E2%80%99s-secret-war-profiteering-tax/
The Who
Live at Leeds
My Generation (8min32)
http://www.youtube.com/watch?v=uY9sDk6NyQY
Naomi Wolf – End of America: http://www.youtube.com/watch?v=RFYZDVUVQ1U
The difference between Nazi- Germany and US is that the latter seemingly continues to be a democracy while going the same path as the former.
Heck – the Germans didn’t see it coming (and nearly no-one else), so when the same shit comes in a new wrapping… here we go again.
Snoot
No, I wasn’t there. I can’t find any historical evidence of gold having no value for the last few of thousand years. I concede there is much I don’t know. I suppose you have to play the odds in all things.
@ fred’s family
Trying to hire a hit man to kill someone is a crime, not a pre-crime. I don’t see the difference
REALITY REPORT – Special EDITION – Former IRS Special Agent Discusses Joe Stack http://blip.tv/file/3321864
Thanks for the show Max and Stacy. Wow, 6 millions votes were not counted in 2008?
That a news to me. As Greg pointed out, If it had happened in South America or Ukraine, you know the answer what they would have done. The story of the vulture fund is really scikening. Henry Kissinger is a disgusting creature.
hi per
sorry if i hurt your fellings with my fairy tale motif,
if you accept my apology i will share my cake with you
excellent Keiser report.
thanks again Max and Stacey
sg, x
you were saying?
Pre-crime is for real and this lady has been held since the 15th of October 2009.
CNN is all over it.
http://www.cnn.com/2010/CRIME/03/09/pennsylvania.terror.indictment/index.html
43% of Americans have < $10K for retirement.
Italy, the mafia and the possible breakdown in civilization is the next big problem.
http://www.youtube.com/watch?v=LNw9l7KncFU
Wall Street of course being the biggest mafia organisation, backed by US government, all controlled by the jewish rulers.
@Ray. there’s a bill in canada to be passed taxing bullion. get it soon.
My solution: A nice bottle of chateau Petrus to go with the steak au poivre…Don’t stop to listen to the band, get on the decks and in the golden lifeboat..
Meanwhile CNN this morning spent nearly every minute with stories about how much money you need to “save” for retirement. Apparently 43% of U.S. retirees have less than $10,000.00 to retire on. Is “Save” another way of saying; give your money to Goldman Sachs? Makes me think things must be getting very bad, do the PTB need to draw in every single penny to keep a Ponzi scheme going? Maybe the retirement plans didn’t have a good spring? CNN’s audience is way down, maybe the audience can figure out that CNN is trying to manipulate them?
Better to buy Gold and Silver, they don’t fail like a corrupted bank or a company that gets taken out by unfettered Chinese manufactured imports. Protect you and yours no one else will.
Nicely put, MotherEarth! You always were my hero!
Oh, I already said that.
@DANdan:
How do you know about history? Were you there?
And to Amnesty International Canada-français too. I know a dictatorial law when I see one, and this one is it mon Mep. It’s a Patriot Act refinement reserved mostly to the locals, that is to say to the slave taxpayers and citizens. But you will notice that want to arrest also Canadians and and ALL other countries allied. International Fascist dream law indeed. Hey Mep. I WANT to be wrong. I rarely am when it comes to this type of scary shit.
Let the IMF open its mouth one more time, cause I’m standing ready with a shovelload of manure to stuff it with..
@Danny … France next ?
FWIW, I’m repeating myself again , but …
I posted months ago that there will be a PR war between US$ and Euro zone.
It is now reaching a crescendo.
Simply put, the US want people to buy “their” debt, and as long as the “Euro” is seen as a shelter , they have a problem … Hence the Euro-bashing, warranted or not.
As to “warranted or not” …
Yes of course, but the US has nothing to brag about either.
All good for Gold … Fiat War !
@site admin who is changing things on this site (nice changes by the way)
I don ‘t know if you bother to read comments here or not but it is truly a big mess. Everyone is shouting over each other, one debate over another debate, random comments in between, links flying around, comments on comments, reply to other comments, reply on topic and so on.
For a brief moment I remember there was a different comment system in use on this site (similar to the one infowar.com uses) that gave the users a chance to follow a debate, to see what people reply to and follow the original comment to get a sense of a thread in the otherwise mess of comments. This is particularly needed I think when comments flows pages after pages, hundreds of comments. This site needs something like that again. Please consider it.
@Mep
No logic error here. The law is written like a Nazi law or Communist Russia law. C’est tout mon ami Mep. I will send my 35$ US to ACLU as UnderAmerican. I am really scared by what is going on in your country.
Thanks for the coverage on Ireland
*******
Some American Jews sit out recession in Israel
http://www.reuters.com/article/idUSTRE6274J220100308
Israel ‘to unveil plans to build nuclear power plant’ (So Israel can and Iran can’t?)
http://news.bbc.co.uk/2/hi/middle_east/8556266.stm
FDIC May Invite Pension Funds to Buy Stakes in U.S. Banks Facing Seizure
http://www.bloomberg.com/apps/news?pid=20601109&sid=aaBSS5oKjb80&pos=14
3 major oil companies cut Iranian ties
http://www.ynetnews.com/articles/0,7340,L-3859850,00.html
Now That Greece Is Finished, Suddenly France Becomes The Next Shock Sovereign Worry
http://www.businessinsider.com/now-that-greece-is-finished-is-france-the-shock-next-debt-crisis-2010-3
@x
@Martijn
Ah, man! Don’t tell me that you guys get our crap, too. Isn’t McDonald’s bad enough?
WOW lets get MAX to interview Heidi Montag!!
http://www.foxnews.com/politics/2010/03/09/senate-warns-staffers-stay-clear-drudge-report/
Wow, great show today! Everthing touched on culminates into the viewers’ receiving a solid understanding of your perspective on global finance [and its impetus!]. Yesterday’s phone interview [with the Greek press?] makes for an excellent primer, and together I can link and send them to all my friends and family who just don’t yet get it.
I had a similar experience viewing Jack Hunter’s latest “Southern Avenger” as he so poigniantly lays out a brief history of 20th century “Conservatism”. Seeing the two videos back-to-back reminded me of my ecstatic experience at, in the summer of 2008, watching Ralph Nader and Ron Paul collaborate on a brief tour of interviews. Few of my associates understand how I can side-by-side and equally admire both Nader and Paul as great statesmen and patriots. Catherine Austin Fitts would understand, and I would do anything to shake away that nasty “I won’t run for President” attitude that she bears. Oh well, I have an imagination, she IS and will always be my President, and I look forward to future appearances of my President on your shows…
Heide Montag(!) of all people seems to support better banking oversight and consumer protection
http://www.spitsnieuws.nl/archives/video/2010/03/heidi_tegen_plastische_chirurg.html
(ignore the language, click the vid)
@ SG
you’re right
the curse of this comment board is that anytime someone says something contrary – current example is ‘Per’ – they are lambasted, and driven off the board
result, as you rightly say, ‘same old, same old’
___________________
Monty Python: Argument – knee-jerk gainsaying – classic
http://www.youtube.com/watch?v=kQFKtI6gn9Y
http://news.yahoo.com/s/ap/20100308/ap_on_bi_ge/af_imf_climate_change
@ per, Welcome to max keiser, previously known as follow the money.
So, how’s the 1 PER cent doin’? enjoy it while it lasts.
‘screw the people’ is a pretty short-sighted ideology, don’t you think?
See you in Sheerwood.
Best of wishes to you and yours,
Friar Tuck
bye y’all, wife says we got to run and she’s the boss
Per if you refer to who was forced into the Euro then that would be the citizens of most countries in the EU, the political class wanted the monetary union at all costs. Greece who was obviously unable to meet the criteria (amongst many others) was shoe horned into the Euro. The key drives of the EU are and always have been Germany/France
@Youri Cama
“The Greek people have notin to do with the shyster scams.”
The greek society is not totally corrupt, bordering on anarchy?
They didn’t spend 400 Billion Euros of other peoples money?
They didn’t elected their mafia oligarchs for decades?
…and being damn proud of it all?
@namarama
from my point of reference, my tape measure is always shrinking
@GGees
Just to give you some acquaintance with reality:
The only once who where forced into the Euro were the Germans.
@ Dan 11:
” . . and tape measures shrink and expand depending on your relativistic velocity “.
Depending where the observor is. haha..
I’m trying to think Snoot, when in history gold could not be exchanged for something of value. In our history, it was exchanged by force of law for currency. But I can not recall it never having the power to barter or obtain things. Correct me if I’m wrong.
oops not sue but use this info lol
@ Per – good link
there are two sides to this story, and they are not mutually exclusive
the screwball € set-up did not provide for the natural tendency of countries to drift into fiscal irresponsibility
one more time, the financial structure of the European Union is NOT the same as the United States of America
There is no doubt that Greek deficit spending is at the heart of the problem, however where the banks play the game to manipulate this outcome is , firstly to “cook the books with mispriced currency swaps and secondly to then sue the inside information to attack the Greek debt market. This is fraud on a grand scale aided and abetted by complicated politicians both in Greece and the rest of the EU. The EU insisted that Greece join so they must have overlooked the obvious —play moral hazard and you get burned. As Max says this speculation adds ZERO to GDP adds nothing to jobs just adds debts to the system. The current system runs on ever increasing debt to work so PER (I assume your from the Nordic area) don’t be surprised (as where your friends in Iceland when they come after your country)
@ charles – Ha! My answer would have to be the elite swat forces; the real progressive fascists are probably all too busy digging moats around their castles.
@ Marc – Now you’re just spinning. No need to dig up Nazi laws. Either admit the error of your logic or drop it. But don’t pretend that this is all just an argument over what the legislation says, what it means, and how it compares to historical laws.
@Y’All
I was gonna have a little nap before I went up to bed… but now I’ve changed my mind!!!
You ain’t seen notin yet. Your talkin outoff your little neck hairs. The Greek people have notin to do with the shyster scams. So don’t the Icelandic, Americans etc… etc..
Impressive, Youri!!! You always were my hero!
Nicely put, Dan2. But who’s going to take the gold piggie to the market with the G20 in charge?
@Per
You ain’t seen notin yet. Your talkin outoff your little neck hairs. The Greek people have notin to do with the shyster scams. So don’t the Icelandic, Americans etc… etc..
The Greek government is corrupt but so the the American. Let these banktsers eat their own shit they created. They’re criminals.
You donnow where you talkin about.
@Per …Max, is that you ?
@Your Came
“Greeks are the most informed and open minded people I ever met.”
Yes, most informed and open minded to stealing, deceit and corruption.
btw, who else did you met, poor boy.
@Mep
I will try to find for you the Nazi laws and the Communist laws concerning these aspects. For the moment it’s mostly to terrorize psychologically people to shut th f up. It’s a good thing for you Mep to have an ACLU card. That being said the law is the law, and the way it is written always almost anything in the name of “security”. Anything.
@Per
I can swear real good?
@Ingrid
My Dear!
What are you trying to tell us?
@ Micheal Moore’s allegedly surprise that Wal-Mart will stock his video
uhmmm “A Capitalist will sell the rope to which he was to be hung from.”
oh yea the same grubby sod that said that said
“the worse the better.” in regards to the possibility for revolutionary change
@ Mep don’t you know we are headed headlong into an Armageddon worst than what was forecast in Revelation….I just heard the Jesuits run the world on AJS…(oh if this were the case least we could do Logic and read Latin in grade school) its only a matter of time before they start the roundups. I’m curious who shows up at my door first Glenn Beck’s Progressive Fascist or Jones’ NWO Elite’s swat forces?
@Youri Cama
There seems to be only thin film, covering your barbaric character, poor boy.
@Per
Do you wonder why the comments were disabled? Probably because if it looks like sh*t, and smells like sh*t, it is sh*t so the folks were calling it and someone did not like it
My Solution!
Northern Europe should disconnect themselves from Club Med immediately. Let them find their place in the world alone. I am sure, eventually they will end up “enjoying” the same living standard as their neighbors across the Mediterranean Sea.
Gold, I think even you can agree, will always have some intrinsic value, even if just for industrial purposes. Can you say the same about fiat currency?
@Youri Carma
You are probably right in trying to hang him.
Nevertheless, in this matter he is right.
http://subrealism.blogspot.com/2010/03/critical-path.html
Hat tip — Me…
@Per
Greeks are the most informed and open minded people I ever met. Your crook. But don’t worry we’ll find you a tree wind the time has come.
@DanII:
How is gold ‘safer’ than fiat?
@Per
So how much did they pay you?
As I said before, it’s not the fault of markets that the Greeks are irresponsible crooks.They are only reacting to their folly.
And they are still not getting it, because their arrogant oligarch Prime Minister and his funny finance minister are now touring the world, trying to black mail and lecture everybody about the evil foreigners, doing all the bad things to Greek.
LOL!
Can it get more ridiculous?
@Snoot. yep
@ronron:
Yeh. But the link was for the nobel laureates’ talk: sort of different than the talk round here.
@Per
This guy is a Council of Foreign Relation liar manipulator and the enemy of every free man and human on this globe!
And we suppose to listen to this charlatan shyster with his BS! We should find green tree for him so he can hang environmental friendly.
@Marc
We have been on a path of becoming a police state for the last ten years. It is going to get worse, on this I agree whole heartedly with you. How much worse and how fast it will get worse we can only guess. Maybe not much worse or maybe another genocide. Who knows?
Every advanced culture that had genocide committed against them all thought it could never happen here. It just makes sense to pay attention and to point out policies that lead to atrocities in other cultures. Incarceration as an enemy of the state without trial is one of those policies that usually precede and portend of evil yet to come.
John Dillinger Named President of the Federal Reserve… http://www.youtube.com/watch?v=zF2MYbiWPRk
Some education and elucidation for the squashy brains of Keiser and Company.
http://www.youtube.com/watch?v=-suwcpYi7ik
@ Marc – You are conflating the McCain/Liebermann legislation with the narrative that you offered up. See defnition of narrative. Just because “the law is clear” does not mean that your narrative is rational.
Organic Fertilizer or Toxic Sludge?
“San Francisco Mayor Gavin Newsom and the San Francisco Public Utilities Commission, along with municipal governments across the US, want farmers, school, and backyard gardeners to grow their veggies using toxic sludge, spreading the outrageous lie that municipal wastewater sewage plants can somehow magically transform hazardous materials into “organic fertilizer.” ”
http://www.organicconsumers.org/sludge.cfm
The best analogy I’ve heard yet, is pinochet’s chile. Same playbook, same players, same teams, same game since Sept. 11th 1973. And btw the 2006 military commision act threw habeus corpus out the window in a bipartisan suicide pact. What good is gold without a corpus to enjoy it with?
@Whit hunter
We the people at Goldman Sachs and General Electric.
@ white hunter
which people–basically those within a nation state
the will of which people?
A republic is supposed to be a nation of laws which protect the individual from the potential tyranny of the majority. Its these individual liberties and freedoms which most nation states have eroded where now our liberty is no longer a right enshrined in law but something which comes from the political leadership.
It seems to me that what needs to happen is not tinkering with the financial system but a complete overhaul of the political systems and governance.
Dismantle the corporate state, dismantle the legal fiction that a corporation has the same standing in Law as a person, dismantle the legal fiction that a natural human being has a legal persona registered to the state. Bring back natural law and implement a constitution which reflects the will of the people—ok ok enough wishful thinking for one day lol
. . . and tape measures shrink and expand depending on your relativistic velocity
Gold is not a universal constant against all other commodities. But it is a lot safer than fiat currency.
sweet intro! ZeroHedge being put in the limelight is brilliant! no such thing as bad advertising. i’m very happy
)))
Kucinich tries to stop the joke Health care bill
http://www.msnbc.msn.com/id/3036677/vp/35771329#35771329
@Mep
Narrative. You have to call a dog, a dog and a cat a cat, a rat a rat and a duck a duck. This law in unacceptable and will lead to unimanigeable abuse. Narrative my ass. The law is quite clear. Total abuse of the bill of rights. No protection. No defense. This law gives itself even the right of raping anybody in Canada and the Western world. Where are the safeguards ? Where is the accountability ? Hysterical my eye. It’s state terrorism at its worst. Completely abusive. As totalirian law as the ones found in Cuba or China.
@DanDan. no gold is a tape measure.
@ x
Yep that I do agree with
@ Gordo
Maybe I misunderstood Palast, however I believe that the overall comment remains accurate
but this forum is for speculating about markets, finance and scandal . . . generally
@ GGees
the point is the caliber of many elected NATIONAL leaders
@ronron
Gold is a speculation. A law is written down for all to see.
@Y;All
anybody seen the prediction chart bottom right… Damn!, is there anything them thar american media luvvies won’t for a bit of publicity!!!
Sell! Buy! Rebel! Wal-Mart Stocks My Movie by Michael Moore
‘The fact that Wal-Mart is carrying this movie—a movie that specifically exposes Wal-Mart’s past practice of taking out secret “dead peasant” life-insurance policies on its employees and naming itself as the lone beneficiary should the employee meet an “untimely” early death—well, my friends, need you any further proof that corporate America is so secure in its position as the ruler of our country, so sure of its infallible power that, yes, they can even sell a movie that attacks them because it poses absolutely no threat to them?’
http://www.thedailybeast.com/blogs-and-stories/2010-03-09/sell-buy-rebel-wal-mart-stocks-my-movie/
Mercantilism: A Long Story
@GGees
Even if McCain could have been elected it now does seem that Obama was the anointed one as the Powers That Be realised that attacking Obama would be much more difficult as they can (and have) played the racism card to deflect opposition to any proposals which they want enacted into law.
I may not be interpreting what you are saying correctly.
But I am fairly certain that Obama would have won by a wider margin had the votes been counted correctly.
@Snoot. think of gold as a word. the word ounce gives you a sum.
Hey Max and Stacey,
You’re funnier and much better lookin’ than them.
I’m going to visit my sister in Germany this summer. Too bad you guys don’t have a live studio audience like Regis and Kelly
That Maddow piece is incredibly damning.
He lost it there. This guy is not only not capable of handling the financial problems which might be excused because he is not expert in that area.
But he is a lawyer. That stance was inexcusable.
Indefinite detention is the definition of lawlessness.
Law and order as long as it is applied to others.
@Snoot. lot of talking going on. if you can look you will find. what do you believe is the question. paper gold? no such thing. i’m sure of that. anything else the PTB are up to is all speculation. IMO
Bravo, I agree that RICO, Asset Forfeiture, etc all should be used on the FedGov.Inc criminal entity that is sucking the US / World dry. Now, forgive my rush to judgement. However, since no real investigations are being planned (suppressed more likely). We have to go by the circumstantial evidence that is all around us. But, lets do this. Grab Elliot Spitzer set him up with another paramour, on the condition he files class action law suits against the Pin Striped Bandits. Then the states/ municipalities could seize these ill gotten gains return them to defrauded investors and have some left over for public sector funding. If Spitzer’s courageous action was due to his long tern tryst, then by all means lets give him a mistress stipend!!!!!!
@ x
Who cares about the antics of these 2 pathetic individuals
Greg Palast is a legend, his remarks that 6 million votes were not counted in the 2008 election is incredible about what it says on the now almost complete inability of the American people to choose their representatives. Even if McCain could have been elected it now does seem that Obama was the anointed one as the Powers That Be realised that attacking Obama would be much more difficult as they can (and have) played the racism card to deflect opposition to any proposals which they want enacted into law. Can anyone/anything wake the American people up??
@Mep
Ok. I thought earlier you thought it was a stretch that this bill would become law.
@ Ingrid @ Dan – Corruption is not at issue. Obama’s stance on indefinite detention is not at issue. The problem I have is with the narrative that Marc has laid out here.
scandale en France
http://www.telegraph.co.uk/news/worldnews/europe/france/7406909/Nicolas-Sarkozy-and-Carla-Bruni-both-having-affairs.html
@ Marc – You said:
Obama is indeed the worst nightmare since Adolf Hitler. In reverse. But don’t worry. Concentration camps in the United Slaves of America will be humming with activity in a couple months. Barry Satooro will not hesitate transforming the USA in a new Indonesia. Much closer to Nazi Germany in reality. Political dissidents all arrested, tortured and duly liquidated. Naturally in the name of fighting against 19 moronic “Arabs” all working for the CIA and the Mossad. If I was joking. Unfortunately it’s what happened and is still happening. No ailens SG.
Then cited the Mccain/Liebermann legislation
Then indicated that Obama is somehow at fault for the legislation and wants to round up Americans and “belligerents” from the rest of the world:
It’s from ACLU. I accords to the president DICTATORIAL power of arresting any political dissident he judges a menace OR a “potential” menace. USSR Stacy. Nazi Germany. Read your history. I am no alien, neither the ACLU or Amnesty International. You don’t what Obama has in store for the US and the rest of the world. You just don’t. The law is CRISTAL CLEAR !
Sorry, but that’s a hysterical logical fail and makes you sound foolish. To then call ME naive for taking exception with such foolishness is laughable.
@Mep
No one knows for sure what the future holds. We can look back in history to see how events unfolded in the past. When you start to see striking similarities, you can’t help but sit up and take notice.
As for Obama, I believe he will sign this bill because he has advocated for this very idea before. From your past comments, you seem to appreciate the analysis of Rachael Maddow (I apologize if this is not correct). Here is a video of her take on the idea of preventative detention that Obama proposed during a speech:
http://www.youtube.com/watch?v=1uuWVHT1WUY
“Professor Mundell called for a global currency to meet the needs of the global economy. He referred to the basket of currencies that constitute the Special Drawing Right (SDR). The composition of SDR, which currently consists of the Euro, the Yen, the Pound Sterling and the U.S. dollar, is scheduled to be reviewed in 2010. Professor Mundell emphasized that the review of basket of currencies must include the Chinese Yuan. This was necessary to reflect the importance of China in the world’s trading and financial
systems.”
http://www.fb.polyu.edu.hk/filemanager/newsletters/2009-011/en/index.html
Is this just talk?
Hey Mep,
I never met to hurt your feelings. You have a good heart and coming from that place it’s hard to believe that people can be that corrupt. Please watch this
http://www.youtube.com/watch?v=VebOTc-7shU
Max is featured in it.
http://www.chinastakes.com/2009/3/zhou-xiaochuans-vision-imitating-ecu-and-empowering-sdr.html
Speculation on the sdr basket reweight from last March.
The call for a ‘global reserve asset’ by Strauss-Kahn aligns itself more with the idea of including the yuan before convertibility.
http://online.wsj.com/article/BT-CO-20100226-709910.html
GDP (including such subjective factors as ‘happiness’ most likely would be included in the reserve asset).
Political dissension against the Democrats or the Republicans, or what’s going in on Wall Street or in the federal government will soon be considered a crime or a potential crime. Like in Cuba. Exactly like in Cuba. Who has a fucked up reasoning Mep ?
Joseph Stiglitz: Federal Reserve is corrupt http://www.youtube.com/watch?v=DztUp2ri1Vo
@snoot
The Irish state under Nama will not own the property they will purchase they will own the loans to the property and if we cannot pay the loans over time the propertys will I think come under direct ECB control.
The function of NAMA is to protect bondholders from outside the state and give the banks a illusion of capitalisation (it will not be enough) – these mainly come from German banks who invested the surplus savings of Germans into the Irish Banks
Irish People are being forced into debt servitude that would make even the Icelanders blush.
Chapter 2
The Official Warning
Quite similat Mep ? It’s from the laws applied in Cuba. Fucked up my eye. .
—————————————————————————-
Article 75.
1. Anyone who, without falling under [the categories of] any of the states of dangerousness referred to in Article 73, by his or her ties or relations with persons who are potentially dangerous to society, to other individuals and to the social, economic and political order of the socialist state, may as a result develop a propensity to commit crime, will be given a warning by the competent police authority, to prevent the individual from pursuing socially dangerous or criminal activities.
2. The warning will be executed, in any case, by means of a written document that states the causes that establish the [state of dangerousness] and the information provided by the warned person, signed by the latter and by the acting [officer].
A Short History of the Imperial Presidency:
President Bush’s (now Obama’s) attempt to obtain increased wartime powers represent a troubling challenge to American civil liberties. But the challenge is not unprecedented:
•The Sedition Act of 1798 was selectively enforced by the Adams administration against newspaper writers who supported Thomas Jefferson, his challenger in the 1800 election.
•The very first landmark U.S. Supreme Court case, Marbury v. Madison (1803), established the power of the judiciary by resolving a separation-of-powers dispute between the President and Congress.
•In Worcester v. Georgia (1832), President Andrew Jackson openly defied a Supreme Court ruling–the first, last, and only time that any U.S. president has done so. (until bush II’s 2nd term)
•During the American Civil War, President Abraham Lincoln took on unprecedented wartime powers and violated multiple civil liberties on a large scale, including due process rights for U.S. citizens.
•During the first Red Scare following World War I, President Woodrow Wilson suppressed free speech, deported immigrants on the basis of their political beliefs, and ordered massive unconstitutional raids. His policies were so draconian that they inspired protesters to form the American Civil Liberties Union (ACLU) in 1920.
•During World War II, President Franklin D. Roosevelt issued an executive order calling for the forced internment of over 120,000 Japanese Americans, as well as forced surveillance, ID cards, and occasional relocation for immigrants from other perceived “hostile” nations.
•President Richard Nixon openly used executive branch law enforcement agencies to attack his political opponents and, in the case of Watergate, to actively cover up his supporters’ criminal activities.
•Presidents Reagan, H.W. Bush, and Clinton all actively pursued expanded presidential powers. One particularly stunning example was President Clinton’s claim that sitting presidents are immune from lawsuits, a position the Supreme Court rejected in Clinton v. Jones (1997).(clinton never heard of sovereign immunity?)
Boiled frog, anyone?
@ Ingrid – How I wish Mep what everyone is telling you isn’t true. Please don’t patronize me or pretend to know what’s in my head.
I’ve called out Marc for his fucked up, intellectually deficient logic. Period. Anyone who wants to go along with Marc’s logic is entirely free to do so. Personally, I think such logical leaps mixed with hysterical rhetoric brings down the collective IQ of these boards more than a few notches.
The new face of world fascism emanates from Washington and USA. This law is just terrible. It’s a threat to western democracy. Patriotism has nothing to do with arresting people for their opinions, torturing them and keeping them in a concentration camps . Obama is the worst nightmare because a lot of US fools think that he is different from Bush. Yeah he is indeed different. He is worse. Much worse.
@phil
I read that awhile back. Amazing isn’t it. It is nearly impossible to be law abiding. This is not an accident. Go along to get along and don’t piss off the wrong person.
Good intentions ? Not really.
The danger lies in allowing someone to define what patriotism is. If patriotism means supporting the current wars, I would be unpatriotic. If patriotism means not questioning the official 911 Commission Report, I am unpatriotic. If patriotism means wanting our money creation and control out of the hands of a quasi banking cartel, I’m unpatriotic. If believing naked body scans and truth detecting machinery is immoral and an invasion of privacy, I am unpatriotic.
If I organize, speak out and try to convince others of my beliefs, this bill may one day be applied to me. I guess I should learn to parrot the official version of truth to remain safe.
Would you two consider doing an episode of Keiser Report, On the Edge, or Truth About Markets regarding the student debt crisis? I don’t have the means to pay back my debts, and, furthermore, I think that Citi, etc. have breached the original contractual agreements based on that they are terrorists.
Thus far, I have sent letters to my creditors for student loans asking for deferment. Next, they can expect letters with my own recalculations based on the contraction of the US economy.
So, if the US economy has shrunk 8 percent, based on World Bank stats, then one of my loans, for example, will be brought down from $20,000 to $14, 400 or something (i forget the calculation exactly).
I think it is important, also, the way in which the colleges are starting to waken up after a long slumber. Although the sixties counter culture was, in many ways, totalitarian-minded , this bodes well for us all. So, the late millenials (my generation is called the millenials instead of Generation X), will have some sort of socio-economic-political consciousness. I am 23, and i don’t have many partners in the movement to avoid college indentured servitude. If i knew then what i know now.
I know you are busy, but there is no advice out there, for most of my friends and family here in the US have the mental capacity of a lobotomized child with down syndrome (no offense to lobotomized children with down syndrome). I love them, but they can’t handle the truth.
love,
Justin
@Dan II ….”This bill pretends to be “for the good” of patriotic law abiding citizens.”
Except there are none … they made so many laws that the average person break them 3 times a day without even knowing it !
i CANT BELIVE SUCH A SMALL COMMUNITY FUCKED TA WORLD
@Marc
who said the “road to hell is paved with good intentions?” This bill pretends to be “for the good” of patriotic law abiding citizens.
Undercover Ops …
http://www.youtube.com/watch?v=l8MfT39AvSw&feature=sub
It’s still really hard for many people to wrap their minds about what is happening. Even here in educated Boulder, CO, people are still hoping that Obama will pull through. It’s hard to believe that ourl eaders are that corrpt – even sociopathic. How I wish Mep what everyone is telling you isn’t true.
Max,
I watch your report regularly and I have some questions that I like for you to address some insights in your show regarding the Swiss Banking and Swiss economy and Swiss Franc.
what are your perceptions about these topics?
Globally speaking, It looks like that every country is being attacked by these untouchable vultures , What would be our defense? Where would you protect your money?
Cordially
Oscar
MK: God Gold?
@Dan II
It’s the intention. Abusing you, raping you and stipping of all your human rights. Just the fact of voting such an abusive law is an indication. The Patriot Act wasn’t sufficient for themé Who decides ? Who’s accountable ? Nobody. You give the President the power of a Nazi chancellor of a Communist dictator. It’s as simple as that. You can kiss goodbye to your political liberties and your rights to political dissents or contestation. If it quacks like a duck, swim likes a duck and wailks like a duck, it’s a duck. FASCISM. It’s clearly a fascist law. Nothing else.
@Marc … “The Enemy Belligerent Interrogation, Detention and Prosecution Act of 2010, introduced by Senators John McCain (R-AZ) and Joseph Lieberman (I-CT), ”
Wow … it’s amazing what MSM doesn’t print !
There was no proper 911 investigation IMO .. which basically says all.
Obama could be the messiah re-incarnate and still I would not hand him such a dangerous power. Who in the future will wield this power? The ability to make an end run around the protections of laws and allow the whims of a single man to banish people to the torture chambers of the military is unjust. We will become a country ruled by men. In the past, they were called kings, who’s decrees had the force of law. Many political enemies and dissident groups were summarily dispatched with this power.
It is not a question of whether this power will be abused (eventually it will). It is a question of should any man wield it.
You are a SLAVE-
http://www.youtube.com/watch?v=OMdw24f0XmA
@Mep
People like Mc Cain and Lieberman wipe theirs asses with the bill of rights. You still don’t get it. Nobody is getting in the USA and the rest of the world. This Nobel Peace Prize winner is a war monger, a neo-con. As bad as Bush. No worse than Bush. And by the way, there is a real good chance that the law will pass. Want to bet Mep ? You will lose. We will all lose.
@Mep
Hey. Come on ! Cut it out Mep. To say somebody is naive is not an insult. You are talking to Numéro Uno naive. Moi too I am naive Mep . Me too Mep I was quite naive. So naive is an insult. Gees !
@Mep
Got my shovel. I’ll help you!
Good vid Max..
So, why all this speculation and derivatives? So what makes money managers the only greedy people in the world? Basically, these bubbles are created by money managers looking for some way to get a decent return on the money they are managing. It’s next to impossible to do with real, productive investments when there is too much capital compared to the need for capital to fund real projects. So money managers and the investors that use them resort to leverage and derivatives that hide risk to get a decent return. This pushes the activity into the immoral and near illegal realm. The solution is to rebalance the accumulation of capital and the need for capital. This can be done by increasing taxes on capital accumulation activities and reducing taxes on consumption and the incomes of consumers, largely made up of the middle class. This will increase demand for capital and reduce the capital available to meet the demand, causing rates of return on capital investment to rise to levels where leverage and risk hiding are not required.
. . . going out to help the snow melt so that I can start digging my fallout shelter so that I have a place to hide when they come to grab me for the concentration camps. Later y’all.
@Marc and others
The new legislation by McCain and Lieberman is about “truth arbiters”. An unlawful act is not required. The planning of an unlawful act is not required. Merely the suspicion of possible future crime is sufficient. Who will decide if your dissent is dangerous and untruthful? Those who you speak against will decide.
You may not appeal to your peers to save you from an unjust accusation. You will be silenced and only the version of events deemed truthful by your captors will be uttered. No revisions. No appeals. No voice.
A point to recall on Obama’s position – Obama has called for preemptive detention in the past. This bill is the legal method to achieve his policy.
Everyone
Again people. Watch Alex Jone’s, Fall of the Republic. It’s all there. US is Germany in the 1940s.
Hi Max:
You reminded me of my 2008 trip to Romania.
There is a tourist town called Sibiu that basically looks like it’s owned by the UN, rather than actually being part of Romania.
It’s kind of like a historical Disney World, where the ancient village was carved away from Romania by the UN, re-built by the EU, then re-opened as “The Cultural Center of Europe” in 2008.
Bottom line: it looked like a takeover of the type that the Germans are suggesting for Greece that actually has been completed (maybe the deal was cut when Romania was allowed into the EU).
So, the One World owners of Sibiu create their new Romanian Disney World, hire the local peasants to run the park, drive tourism into the area by declaring it a heritage icon, and reap the huge profits from the takedown.
All this just fyi.
Pretty amazing little template they have here.
Jim
Financial Contagion vs. Economic Contagion: Does the Market Underestimate the Effects of the Latter?
http://www.zerohedge.com/article/financial-contagion-vs-economic-contagion-does-market-underestimate-effects-latter
@ Mep
glad you are still engaging…did that obsessively for several years…but now I will occasionally send an e-mail or sign a petition…sorta gave up…sad but true…I try to stay well informed and educate others who stray into my orbit but that is to little for what needs to be done
the civic life has been effectively destroyed in America, so has the most rudimentary social connections between citizens which have been eviscerated by the needs of our economy and our Culture….the teeming masses are now an ignorant mass of inarticulate rage, screaming talking points that furthers their own helplessness and certainly insures the current system remaining unchallenged
they/we have had 60+ years of constant indoctrination, we no longer possesses the words to explain our condition let alone name those responsible and take the first steps to changing
every vision of a different means of organizing ourselves or taking any action no matter how minute is immediately seen as the first steps into the Gulag….well a Gulag worst than the one we are currently inhabiting
Oboma is a corporatist president out of the linage of the DLC folks Like Clinton was and even Carter…but the great unwash view him as a Communist/Marxist/Fascist/Goat F(&&(*ER its laughable…if it wasn’t so sad
I must agree with Marc Authier on this one that is a very bad piece of legislation. While I do not think Obama is responsible it is clear that Right wing forces are in complete control of this country and its government.
I would not underestimate the ability for the scum to pass it. Especially when you consider the fact that they will likely resubmit it until it does pass. They can resubmit it after the congress and the senate “rebalance” in November and again November 2012 etc.
That’s right, Marc . . . when your logic fails, muddle the issue and jump right to personal insults. Excellent strategy.
“More surprising, perhaps, was the unimportance of exotic finance: Ireland’s bust wasn’t a tale of collateralized debt obligations and credit default swaps; it was an old-fashioned, plain-vanilla case of excess, in which banks made big loans to questionable borrowers, and taxpayers ended up holding the
bag.”
?
“DUBLIN — Ireland will take commercial-property assets off the books of six of its biggest lenders and house them in a new state agency, a plan it hopes will restore international confidence in the nation’s financial system.
If necessary, the state will take majority stakes in Ireland’s two main banks.
Irish Finance Minister Brian Lenihan said Wednesday that all land and development loans of Ireland’s major banks will be housed in the new National Asset Management Agency. On Tuesday, the government announced plans to establish the agency, removing from the banks loans with a book value of €80 billion ($106 billion) to €90 billion.
The move makes Ireland the first nation in the euro zone to use an industrywide, government-sponsored “bad bank” to remove toxic assets from the banking system. The assets will include both healthy and impaired loans, ranging from undeveloped land to residential and commercial developments.”
http://online.wsj.com/article/SB123918353240000679.html
APRIL 9, 2009
Ireland Sets Up Its ‘Bad Bank’ Agency
http://www.ft.com/cms/s/0/b9170436-2a3f-11df-b940-00144feabdc0.html
“Irish bank shares rallied strongly last week, with Allied Irish Banks closing the week up 40 per cent and Bank of Ireland rising more than 20 per cent, as investors reassessed their survival prospects following news that the European Commission had approved Dublin’s bank rescue plan.
Clearly investors believe it is a good thing. But some analysts warn the government – and indirectly the Irish taxpayer – could end up as the reluctant owner of hundreds of hotels and pubs, unfinished office blocks and much farm land.
Under what is essentially an asset swap, a government-run “bad bank”, the National Asset Management Agency, will take responsibility for €80bn ($109bn, £72bn) of loans to builders and developers in the boom years.
The government is adamant Nama is not bailing out Ireland’s politically connected property developers. Yet if Nama is to avoid becoming Ireland’s largest landlord – by taking title to the properties on which those loans are secured – it is going to have to keep the property barons afloat.
Fitch, the credit rating agency, says Nama “will contribute positively to the functioning of Irish banks’ commercial activities, although at a high price for the country and the banks themselves”.”
What is Krugman going on about? Ireland was bailed out by Germany/EU council at the expense of the taxpayers through a scheme which should make Basel cringe: taking the cmbs off the books and sweeping them under a rug.
@Mep
Hey. We will see. A couple of weeks ago your dear Obama authorized the assasination of “foreign enemies” by the CIA. No arrest needed. Mep you are dreaming. WE WILL SEE. It’s bi partisan. Yeah they are war mongers Mep. So is Obama might I remind you you naive Mep. So is Obama.
@ illinois Brandon – You’re right. The problem now is that the Patriot Act has become so accepted already by both politicians and the public that it’s going to be very, very hard to build a coalition large enough to demand that it is repealed . . . especially now that we have so many other pressing concerns to contend with as a country.
@Mep
In Holland we have a saying “Pas als het kalf verdronken is dempt men de put”
“Only after the calf has drowned the well is drained”
@ charles – I agree. Organization seems to be the biggest problem. The local chapter of Progressive Democrats of America is strong here, but even they don’t get together enough or focus on acting locally; they seem to spend most of their time putting pressure on the party leadership via petitions, calls, etc. I keep writing to my “representatives,” even though it seems useless. My Congressman actually writes real notes back to me. He’s a waste. In his latest response, he claimed that the Goldstone Report was “one-sided.” Whatever.
Mep this is so true. I live on theIllinois-Wisconsin border and I don’t agree with Russ Feingold on many things. I love the man for voting against the Patriot Act after 9-11 it took alot of guts. The failed Drug War really began the process of eroding freedom in the US.
@ Marc – Been a card carrying member of the ACLU for years. (In fact, I have an ACLU sticker covering up the logo on my laptop.) Didn’t need to develop an irrational fear over one piece of introduced legislation in order to become a member. Too bad that so many others never cared about civil liberties until years after they were stripped away, or until the Empire started collapsing.
@ Mep (regarding elections)
sorry just got in from work…the problem with a lot of the people that voted for Oboma and the Democratic party…is if you want Universal Health Care, a reinstatement of Glass Steagul, other significant financial re-regulation, some formal prosecutions for fraud, coupled with maybe a Tobin Tax to slow the machine down and revenue stream for some much needed social spending, a true de-escalation of the Empire abroad for the same reasons…
well if that is what people wanted…then they have to on the phones everyday…in their representative’s face….in the street…one didn’t have massive New deal style reforms until FDR saw Millions of people in NY and elsewhere in the street…you have to put the fear of G-d into em…Politicians are placid creatures and respond well to demands and even intimidation…that was How TARP was passed…and if the White House and US Capitol is not swayed by several million folks on their doorstep then one has to go where the real power is…put a million people outside the doors of Goldman Sach’s, JP Morgan’s, CHASE’s, CITI’s and BOA’s corporate offices
and it cant be a onetime event…to maintain the republic you have to civic ally engaged day in and day out
not just vote in a blue moon for the coolest Lifestyle brand candidate (that was all Oboma was, he was Starbucks for a bunch of yuppies who wanted to seem cool, but truthfully don’t want fundamental change)
Get a membership card in the ACLU and Amnesty International TODAY.
No get a hold all of you. These of laws are the worst nigthmare coming true. It nothing to do with Al-Quaeda. It has to do with simply killing freedom of speech and political dissidence. Like in Nazi Germany. So you say Goldman Sach stole the taxpayers and Obama works for them. Pow arrest, interrogation, torrure. Immediately labelled an “enemy belligerent” and sent to the concentration camp. You dissapear like in Augusto’s Pinochet Chili. And the goons arresting you have nothing to justify. You become overnight non existant. NAZI GERMANY. Read the law instead of asking me to get a hold. The results in the end will be the SAME.
@ Phil – Yes, I got a kick out of Colbert accusing Goldman of insider trading re: helping Greece hide their debt. It’s sad when Comedy Central offers more accurate news and better analysis than the corporate news.
Every American would be required to get a national ID card to work. They say this would be to stop illegals from getting jobs. I say Bull this is about the expanding police state in the US.
only reason i can explain gold going down is some elites still have cash to convert so put a call into their buddies so they get it a good price.
@Mep … Colbert .. LOL !
That was funny !
Obama is your worst nigyhmare because at least with Bush we knew what the demon was; a fascist and a crook. In the cas of Obama everything is done smothly.
http://www.aclu.org/national-security/senators-mccain-and-lieberman-introduce-bill-authorize-indefinite-detention
Suddenly youy wake up and you read this type of law being introduced by Mc Cain and Lieberman, and you say to yourself “Where did I see a type of law of this nature ?” In Nazi Germany and in Stalin’s USSR. It’s not voted yet. Just a question of a couple of weeks.
@ Marc – Again, can’t help but weigh in on your comments to Stacy. You say:
You don’t what Obama has in store for the US and the rest of the world. You just don’t. The law is CRISTAL CLEAR !
Now, come on. How can you honestly make the claim that because this legislation was introduced by two war mongers, it naturally follows that a) it will pass, b) Obama wants it to pass, and c) Obama has concentration camp enslavement in store for US citizens and the rest of the world?!
@Stacy
I clearly precedently it was bi partisan.
Stacy @all
Don’t you think Gordon Brown one up’s Obama? To me Obama is the sheep skin hiding the wolves.
@Stacy
Still don’t believe. I would say get a hold of this.
Stacy. The ACLU knows what are the type of power that law will give. The same of laws present in Nazi Germany and Stalin’s USSR.
http://www.aclu.org/national-security/senators-mccain-and-lieberman-introduce-bill-authorize-indefinite-detention
It’s from ACLU. I accords to the president DICTATORIAL power of arresting any political dissident he judges a menace OR a “potential” menace. USSR Stacy. Nazi Germany. Read your history. I am no alien, neither the ACLU or Amnesty International. You don’t what Obama has in store for the US and the rest of the world. You just don’t. The law is CRISTAL CLEAR !
@Authier – it started under Bush; like I said, nothing new under Obama; stop trying to make him seem uniquely anti civil rights; all US presidents are going to have to be deranged at this point as the empire collapsing demands it . . . all just a matter of degrees now
Max
Everything is in holding pattern till the talks are over.
Mike
@Y’All
I think I smell some links coming!!!
@ Marc – Yes, Law introduced by McCain and Libierman . And it will NEVER fly. What these fools are proposing with their “key component” of withholding Miranda warnings is 100% un-American.
Unless you have evidence that Obama asked the two goons to introduce that legislation, you can’t put that crap on him.
sorry i posted the jim crow thing.
In sum the law goes the following way. President Obama decides that Stacy Herbert and Max Keiser is an “enemy belligerent” are a menace to the interest of the United Slaves of America.
Automatically the bills of rights is suspended. He can decide like Joseph Stalin to proceed to your indefinite arrest, interrogation, torture and naturally your liquidation. It’s in the law godamnmit ! It’s writen to strip Americans, but even more crazier, to strip all persons of allied countries of their basic humain rights.
@Youri – yeah yeah, I know who killed how many; that’s included in the etc. etc. and Lenin was before Hitler, Stalin was at the same time, so add in Mao, yes, indeed
@stacyherbert
If your talking how many people they killed
1) Mao Zedong
2) Stalin
3) Hitler
4) Lenin
@Martijn
Been in the “kitchen” for a couple of years now. Ain’ that hot, Bro. Just wondering about the game the Blue Bloods are playing now.
@Youri – poor Americans have been forced into the meat grinder since the U.S. ended the draft after the Vietnam war; ain’t no different for Barry . . . the war machine will only stop if middle class luvvies have to send their precious children off to war
Law introduced by McCain and Libierman.
http://mccain.senate.gov/public/index.cfm?FuseAction=PressOffice.FloorStatements&ContentRecord_id=2af60f3a-05dc-cdf6-7dc9-6501a995c17c
@Marc Authier
In some aspects Barry (Obama) is worse.
At least Hitler build some new roads and cars and propped up the economy before he send his people into the meat grinder.
Barry forces people into the meat grinder (read in the U.S. Army) cause the economy is so bad which is exactly the opposite.
Did you read the lay about “Enemy belligerents” Stacy. READ THE LAW. An articla from the Atlantic Monthly Magazine.
Did you read it Stacy ? I know how to read laws and what they imply.
@s.herbert
yeah, really nice pic… nice shades, wind in the hair… lovely… ishame it looks like you havejust realised you didn’t change the batteries in Max’s remote control device!!!
A poem:
Aint nobdy consolin’
Poor old Mr. Dolan
Went in the red,
Now dead in a shed
USA has declared war to Europe. I really think that USA to save the dollar has decided to ruin Europe. I detect a plot here. No doubt about it. It’s going real well. Kill the Euro and destroy Europe. You stupid Europeans. Never trust the USA and specially the New-York gansters from Wall Street. You can expect all of Europe, Germany included, imploding.
@M/A. stacy is right. your over the top. chill.
Great interview, Max, with Gregg Palast.
Alien President: Obama forged his birth certificate?
http://www.youtube.com/user/RussiaToday#p/u/7/-Mnu9IgEYQQ
@Authier – Obama worst since Hitler? Get a grip. Polpot? Tito? Papa Doc? Menghistu? Kim Il Sung? Etc, etc.
@ronron
Obama is indeed the worst nightmare since Adolf Hitler. In reverse. But don’t worry. Concentration camps in the United Slaves of America will be humming with activity in a couple months. Barry Satooro will not hesitate transforming the USA in a new Indonesia. Much closer to Nazi Germany in reality. Political dissidents all arrested, tortured and duly liquidated. Naturally in the name of fighting against 19 moronic “Arabs” all working for the CIA and the Mossad. If I was joking. Unfortunately it’s what happened and is still happening. No ailens SG.
@Y’All
that PMF thingy max posted earlier made do a youtube search on piratemyfilm… uhm, nice pic stacy… er yeah!!!
http://www.youtube.com/watch?v=xzaYs0iUJAA
Europe bars Wall Street banks from government bond sales
http://www.guardian.co.uk/business/2010/mar/08/us-banks-european-bond-trading
the mother of all corrections. http://www.godlikeproductions.com/forum1/message1008648/pg1
the new jim crow. http://www.tomdispatch.com/post/175215/tomgram%3A_michelle_alexander%2C_the_age_of_obama_as_a_racial_nightmare/#more
The Doc – Currency devaluation – China decoupling http://www.youtube.com/watch?v=Q6emo-2209Y
Dubai World: deal soon? http://blogs.reuters.com/globalinvesting/2010/03/09/dubai-world-deal-soon/
@Mike. http://www.guardian.co.uk/business/2010/mar/09/pound-falls-deficit-fears
@Mep, the government has showed very clearly that they are not interested in taxing bad behavior and rewarding good behavior.
@ x – Go, Krugman!
What really mattered was free-market fundamentalism. This is what led Ronald Reagan to declare that deregulation would solve the problems of thrift institutions — the actual result was huge losses, followed by a gigantic taxpayer bailout — and Alan Greenspan to insist that the proliferation of derivatives had actually strengthened the financial system. It was largely thanks to this ideology that regulators ignored the mounting risks.
An Irish Mirror
Paul Krugman
http://www.nytimes.com/2010/03/08/opinion/08krugman.html
DENIAL – A PRIVATE & PUBLIC CANCER http://www.youtube.com/watch?v=OHWbGTsflCQ
Does anybody think that all this insanity is just a necessary part of evolution to purge the earth of rampant and idiotic consumerism. Maybe it would be a good thing if the oligarchs imprisoned all the walking zombies.
@Y’All
Super Power: mapping the growth of the internet.
http://news.bbc.co.uk/1/hi/technology/8552410.stm
@Y’All
had to happen, I’m suprised it took so longI long… maxleiser.com advertises ‘Massa Card’…. nice to see the little ad for resonance 104.4fm, though!!!
Colbert takes on Greece crisis/ “kleptogarchy,” Goldman Sachs; interviews Scheherazade Rehman, who says that Spain is the next to collapse.
@ingrid
Gold keeps going down invalue. Why is that and will it keep going down for awhile?
That’s how financial market and even the world works: dynamics.
Did you buy any gold recently and are you beginning to sweat?
Can’t stand the heat, get out of the kitchen. Don’t play games you’re not up too.
Greece Is Not an Island
By GEORGE A. PAPANDREOU
http://www.nytimes.com/2010/03/10/opinion/10iht-edpapandreou.html
@ Max – From your first link:
Thus far here in America, we’ve witnessed a lot of taxes and user fees raised by the government, and businesses that have seen competitors fall away have increased prices. That’s a variation of inflation, which will be exacerbated by more money printing.
Two more news stories on potential new taxes:
More states propose Internet sales taxes.
Tax soda, pizza to cut obesity. (Personally, I’m on the fence about taxing soda; however, we won’t “cut obesity” so long as more and more people are unable to afford anything but processed foods full of fat, sugar, additives, and empty calories.)
@ronron
So banks paying the FDIC for insurance must be how they finish off the small banks.
re:
move your money. please. http://investmentwatchblog.com/credit-union-pays-savers-to-close-their-accounts-deposit-insurance-makes-saving-accounts-a-losing-proposition-for-banks/
Hi Max and all,
Gold keeps going down invalue. Why is that and will it keep going down for awhile?
Public Pension Funds Are Adding Risk to Raise Returns http://www.nytimes.com/2010/03/09/business/09pension.html?src=sch&pagewanted=all
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/7159456/Fears-of-Lehman-style-tsunami-as-crisis-hits-Spain-and-Portugal.html
http://www.telegraph.co.uk/finance/personalfinance/investing/gold/7394180/Seven-reasons-to-invest-in-gold.html
Fred tries to wake the sheep
http://www.youtube.com/watch?v=lSAqr3GH8PA
LOL
http://articles.moneycentral.msn.com/Investing/currency/foreign-versions-of-our-coming-crisis.aspx
Really ridiculous considering that only a week and a half ago, we got our biggest snow storm of the winter. Yesterday, it was 55 degrees!
@Mep
It’s rediculous!
@ Mother Earth – I’ve got crocuses and tulips poking out of the ground already.
The sun is up, the sky is blue…(at least in my neck of the woods)..
@ davem
Still the same, huh? I would have thought that Croyden would look like Hiroshima round about now considering it’s reliance on retail business, it’s proximity to multiple council estate badlands and the combination of immigrant populations + high numbers of BNP supporters. I can harly imagine an area of London that is going to come out worse in the current historical shift to… wherever.
It was a scary job to start with but I am thankful now. It where i learned to say “go on then mate, I’ll give you first swing if you want to fight so bad” to stoned little wannabe gangbangers without letting my knees shake. U useful skill, let me assure you.
@ Stacy / all
http://en.wikipedia.org/wiki/Potemkin_village
Potemkin village
Potemkin villages were purportedly fake settlements erected at the direction of Russian minister Grigory Potyomkin to fool Empress Catherine II during her visit to Crimea in 1787. According to this story, Potyomkin, who led the Crimean military campaign, had hollow facades of villages constructed along the desolate banks of the Dnieper River in order to impress the monarch and her travel party with the value of her new conquests, thus enhancing his standing in the empress’ eyes.
© Fair Use Doctrine of International Copyright Law © http://www4.law.cornell.edu/uscode/17/107.html
Vega Man
Jim Rogers says let Greece go bankrupt because it’s their own fault … the speculators didn’t do it
http://www.youtube.com/watch?v=O8Q75u7yZns
humour
‘Goldman: Forget Pound Doom And Gloom, The UK Is In Much Better Shape Than You Think’
http://www.businessinsider.com/goldman-forget-pound-doom-and-gloom-the-uk-is-in-much-better-shape-than-you-think-2010-3
for Harry W.
http://mises.org/daily/3931
“I’m sitting there showering, naked as a jay bird, and here comes Rahm Emanuel, not even with a towel wrapped around his tush, poking his finger in my chest, yelling at me because I wasn’t going to vote for the president’s budget,” says the 50-year-old, soon-to-be-former-lawmaker from Upstate New York.
“Do you know how awkward it is to have a political argument with a naked man?”
http://blogs.reuters.com/frontrow/2010/03/08/democrat-gets-naked-with-rahm-emanuel-labels-him-son-of-devils-spawn/
!! Propaganda scandal!! Fiction of Marja as a city was US information war. (Full article worth reading.)
@ charles – re: elections – I was thinking last week that the majority of the country who voted for Obama and handed the Dems their majorities should start our very own “Where is my vote?” campaign in order to highlight the fact that Dems are failing to follow through on the promises that came along with the mandate given them. That, and when it comes to the wars/occupations, health care, the bailouts, etc. the majority is failing to represent or even listen to what the majority of the public at large is asking for.
@Lloyd
if stolen elections are meaningless in the great scheme of things…then how exactly does one hold people accountable for “stealing the country”?
stop buying shares of Goldman Sachs and CITI? I’m sure they fret over the great multitude stop buying their products
as to Palast not wanting to urinate on the great multitude in the European right…who could blame him…I feel the same way about the great unwashed here…haven’t watch show yet…in the great retail scam
@Y’All
I’m always amazed at how fragile the human body is, for example take the throat for just one finger placed…. oops wrong website… sorry!!!
Waterboarding for Dummies.
‘Internal CIA documents reveal a meticulous protocol that was far more brutal than Dick Cheney’s “dunk in the water”
http://www.salon.com/news/feature/2010/03/09/waterboarding_for_dummies/index.html?source=rss&aim=/news/feature
Detroit, the very symbol of American industrial might for most of the 20th century, is drawing up a radical renewal plan that calls for turning large swaths of this now-blighted, rusted-out city back into the fields and farmland that existed before the automobile. http://www.huffingtonpost.com/2010/03/08/detroit-wants-to-save-its_n_490680.html
We should hand Ireland back to the Brits and apolagise for the mess we made of it haha.
Loads of new jobs in the Green Zone: http://www.youtube.com/watch?v=bkTpAYrLcOo New Rambo style revenge Flick
So when does the trial start? You only need to start a website called
SueTheShitOutOfTheBanksters.com and you’ll be catching donations like venerial diseases in a Freetown brothel..This financial faecology must lead to somthing constructive..
Btw, who said women couldn’t drive, they have special abilities for it! http://www.youtube.com/watch?v=W0FpV0dfoAk
@Lok Sotot, Eater of Souls
Security guard at the Whitgift shopping centre – that must have been a scary job! It’s still the same as ever, a very sleazy place. lots of empty office blocks now in central Croydon. They did have a plan a while back to redevelop the area along the lines of Barcelona (I know!) but don’t know what happened to that, suppose the money wasn’t there, and a pretty impossible task I would have thought.
Re: Keiser Report – A little feedback on the show.
It may be a trifle but I have noticed this over many shows now that Stacy do not look to the viewers/the camera at all. Please talk more direct to the viewers, look more to the viewers, include us in your conversation with Max. For inspiration look to Max as he manages to balance this much better, switching back and forth between Stacy and the viewer. For what it is worth…
?? Nevada Bank don’t know what to do with the deposits to make money for their customers?
Give me a load – I’ll make some profit and throw them a 6% APR cut no trouble.
I can see them staring at the plug from their computer and then the wall socket and back to the plug, not knowing how to turn the thing on…
@Y’All
if greg palast wouldn’t piss on a large part of his European readership, I dread to think how he would feel about those same kinda people who post on here… I think greg palast was alrigth, huh… he maybe a bit of a hypocrite, but who aint… at least he is truthful enough to admit that he tries to make money from the same system he criticises!!!
Again I am amazed at the guests you manage to get for your show, excellent work!
Mr. Spitzer never prosecuted a John. He only legislated that when caught their fines could be increased.
(“In light of the policy of the Department of Justice with respect to prostitution offenses and the longstanding practice of this Office, as well as Mr. Spitzer’s acceptance of responsibility for his conduct, we have concluded that the public interest would not be further advanced by filing criminal charges in this matter,” he said in a statement.) The DOJ also chose not to charge Mr. Spitzer for transporting a woman across state lines for the purpose of prostitution—a violation of the Mann Act. Congress might be interested to learn that its laws are being effectively nullified by DOJ policy.
F -spitzer
@ ronron – your aspartame link reminded me of this. I was excited to see that report; it’s about time that people brought a case against Syngenta. The US is the only country that allows Atrazine to be used.
@ Stacy – OT, but I’m curious . . . have you come across any more info. on that potential mandatory savings rule for the US that Ellen Brown mentioned on your show?
How many rich people are there in Greece? The people should demand that they pay back the private debts of the banks. The wealthy has been trickling up globally for long enough. The people who have been benefiting the most from tax laws, loopholes, corporate welfare, insider trading, wars, drug trafficking, arms deals, racketeering, etc. should be the ones paying the debts that were accrued on THEIR behalf!
Great show…
As an Irish man, it was great to see someone talk about the joke of a country we (I) live in!!
As you said Stacey Ireland has fought off one occupier, which was the British Empire (10.18)…. put a massive smile on my face!
U.S. housing giants are city-sized property owners http://blogs.reuters.com/columns/2010/03/08/u-s-housing-giants-are-city-sized-property-owners/
Unfriendly deals get even less friendly http://www.reuters.com/article/idUSTRE6275W020100308
Unfriendly deals get even less friendly Unfriendly deals get even less friendly
Everytime I hear Max referring to American donut eaters, I’m gonna link to this.
http://news.bbc.co.uk/2/hi/business/8556944.stm
Greg Palast is right! Calling them “Vulture” is scoffing these noble animals who can spot a dead animal for miles away and really serve a very useful purpose in nature.
Maybe the Swiss lawyer can make a case out of it and it would be nice to have a vulture in court to see what he or she has to say about it. http://www.youtube.com/watch?v=luKU53ihiK8
Switzerland votes on legal representation of animals in court. http://tinyurl.com/ylh9zkd
aspertane for your health. http://news.bbc.co.uk/2/hi/americas/8557195.stm
@ davem
Hey,Croyden! I used to be a security guard in the Whitgift Centre back around 2002-2003. Are any of the units empty? Are the fire escapes filled with glue sniffing urchins?
Give me an update please!
Palast’s reportage about stolen elections is a distraction. Elections are a farce. The whole country’s being stolen, and we’re supposed to fret over uncounted ballots? Too late for that.
funny. http://news.bbc.co.uk/2/hi/americas/8556920.stm
Great guest … on SPITZER !
Thanks Greg … I also said this on the day they took him down .
No Brainer IMO !
Spitzer should start his own political party ( with Ron Paul ) and air the Establishment’s dirty washing – in the finest detail – for all Americans to see.
The only problem is , if they were dumb enough to let him to be removed , then I doubt they’ll be smart enough to vote for him .
Really Sad .
The Wall Street Journal: Important report on the 10 Best Places for a Second Home!
http://online.wsj.com/article/SB10001424052748704869304575109461496208030.html?mod=WSJ_PersonalFinance_RealEstate
Fannie Mae was actually hiding the vast majority of its worst performing mortgages off-book. Just how much is the taxpayer is on the hook for? http://www.huffingtonpost.com/garrett-johnson/the-biggest-financial-bai_b_488394.html
…and here is the jubilee debt campaign, which is trying (and succeeding so far) to make it impossible for vulture funds to use British courts to attack poor countries like Liberia
http://www.jubileedebtcampaign.org.uk/
Not bad Max.
Mike
Wonderful guest, Max, fantastic interview.
Gregs website has a clip of his latest piece on vulture funds
http://www.gregpalast.com/
Greg Palast, the left wing of the Lobby
http://www.israelshamir.net/English/Palast.htm
“[In his eyes] his fans are too conspiracy-theory-minded. Too anti-American. Too antisemitic. “A large part of my European readership I wouldn’t urinate on,” Palast told the Forward. Some Europeans aren’t so wild about him, either. Unlike some of his fellow Jewish lefties, Palast is not ready to dismiss antisemitism when he sees it. “The members of the Jewish left — and I certainly am one of them — are very glib about antisemitism and the dangers out there,” he said. “The British left is infused with the worst elements of antisemitism.”
lovely cops. http://translate.google.com/translate?hl=en&sl=ru&tl=en&u=http%3A%2F%2Ftop.rbc.ru%2Fincidents%2F08%2F03%2F2010%2F377878.shtml%3Ffrom%3Dstartqip
Man tis is Surreal Moats ?????????????????
Hic
move your money. please. http://investmentwatchblog.com/credit-union-pays-savers-to-close-their-accounts-deposit-insurance-makes-saving-accounts-a-losing-proposition-for-banks/
Palast is gross
@Y’All
typo:comparing… cheers you just made my day!!!
@maxkeiser.com
coparing tyneside to the global situation… ha, ha, please stop… I’m choking on my own vomit… brilliant… tyneside, has always been just slightly less miserable than a wet wedneday morning in omsk!!!
Who needs tea when you’ve got money at your party http://www.marketwatch.com/story/no-tea-for-you-wall-street-2010-03-09
the bejiing put is up $75.00
@Y’All
uhm, I posted this last thursday… german scientists say nasa talkin’ bollox!!!
http://www.bild.de/BILD/news/bild-english/world-news/2010/03/03/chile-quake-axis-shifted/german-scientists-put-planet-earth-back-on-track.html
$ going up

Gold going DOWN
Mike
Wasn’t that guy one of Dorothy’s kin in the Wizard of Oz?
Very true about the fake shop fronts. I’ve been talking to my local council (Croydon) who are keen for artists to put work in the windows of the (many) empty local shops. I suppose you could say they are disguising the collapsed local economy, but on the other hand it’s good for the artists – who get opportunities to show their work.
Poote out