For what its worth something has to give soon and I am glad its getting to that point because prolonging the inevitable pain is getting so out of control. If they’d let it all flush out by now we would at least be close to the bottom by now.. they have just increased the falling height instead.
“Tim Geithner, US Treasury secretary, has delivered a blunt warning to the European Commission that its plans to regulate the hedge fund and private equity industries could cause a transatlantic rift by discriminating against US groups.”
“A letter sent by Mr Geithner this month to Michel Barnier, Europe’s internal market commissioner, makes it clear that the European Union is heading for a clash with Washington if it pushes ahead with what the US – and Britain – fear could be a protectionist law.”
Wow…who would have thought that when you make your money with a camera (not extreme investments to be made there) and have a name…could fall for the debt monster like that….
Do you feel free? Do you know what freedom is, or did someone have to explain it to you? In our freedom, men tear each other apart to be the leader, power corrupting their hearts. Free women play the role of the sex toy and ride the cock of power to benefit themselves, and these self-objectified women wonder why they are treated unequally. We are slaves to conformity, our masters at the controls of every aspect of our lives, they say what, when, where, why, and how. Their money fuels our lives and we allow it to continue on.
What have all these wars produced? More war? Glorification of violence? The separation and corruption of every human soul. Fear controls the majority, fear of the inevitable death, fear of poverty, fear of your neighbor. Your fear is obvious in your narrow-mindedness, your acceptance of stupidity, and how quickly you resort to hatred and closure when your opinions are threatened in any form. You live your life through televisions, computer screens, and mass symbolic pornography. Your highest aspiration is to be revered as better than everyone else. What is it that these “respected” men have that you want so desperately? Attention? Possessions? High-class cronies? Your ego commands your strings puppet, and your ego was forged by the machine called society that keeps you distracted while it invisibly herds you into mental prisons. Continue to fuel the machine with your life, yes, devote your existence to the benefit of the infrastructure so the men on top can continue ejaculating on your faces. Blind. Continue to tear at your fellow man for no reason except to be superior to him. Survival of the fittest. Those dead soldiers of old weep in mourning as their children spend their shed blood so selfishly.
Compassion is a decision while conceit is common place.
You call yourselves parents; you are nothing but the first stage of the mass indoctrination system. Rush in your busy life father as I cry myself to sleep because this society is what you work so hard to pass on to me. Continue to idolize yourself mother so I may have the same body issues as you when I grow-up. Continue your rush parents as your children become more perfect citizens that are even more malleable than you continue to be.
Evil has won; revolution isn’t even possible anymore because no one is willing to stand up for what they believe in. Humanity has been demoralized into distraction and self-gratification and all of you dammed people can’t get enough. You are literally not worth the life that flows through your veins prove me wrong, what have you done? You want someone to do it for you, you want someone to control you, you have convinced yourself this bureaucratic shit pile is necessary, you can’t even fathom an alternative, that’s how deeply you have fallen.
EVERYONE is on strike today because we are fed up.
We did not steal or embezzle anything and we are asked to pay when everyone and their uncle know who took the money. We are told to give up a month’s salary but the first salary in Greece is 800 euros! Can the Germans or the Brits say the same?
Check the prices of products/services in Greece and then the rest of the EU. If our PM wants the employees to bail the country out then he should also make it so that one doesn’t sit at a cafe and pay three times the price of a coffee he’d pay in Italy.
He should control the merchants who put a higher tag on clothes to make a profit of 200% and he should take a walk to customs and ask why since it’s a free European market and all, the tariffs for everything that comes in are so high.
Of course we want to help our country and not see it bankrupt, but we are sick and tired of being taken for fools.
If all the Greeks that are on strike think that it’s a good thing that the state goes even deeper into debt they should be buying all the new bonds and refinancing the old ones. They’re actually protesting against the fact that nobody’s willing to buy them at low rates, so why don’t they buy them?
@DA
yeah I also cry myself to sleep most every night, usually as a result of laughing hysterically at the comments on maxleiser.com … as I have said many times before, I love this website!!!
“There has even been a developing debate in the press (and here at PIMCO) as to whether a highly-rated corporation could ever consistently trade at lower yields compared to its home country’s debt. I suspect not, but the narrowing in spreads since late November solicits an interesting proposition: Government bailouts and guarantees such as those evidenced and envisioned in Dubai and Greece, as well as those for the last 18 months with banks and large industrial corporations across the globe, suggest a more homogeneous “unicredit” type of bond market. If core sovereigns such as the U.S., Germany, U.K., and Japan “absorb” more and more credit risk, then the credit spreads and yields of these sovereigns should look more and more like the markets that they guarantee. The Kings, in other words, in the process of increasingly shedding their clothes, begin to look more and more like their subjects. Kings and serfs begin to share the same castle.”
@ Max Keiser
How about an Episode on ta Plunge Protection Team
Have ya noticed any wierd trades at the end of ta week of ta NYSE???
What are yer tots on tat ?
I heard somewhere tey have 5 bill @ their Dissposal fer each Day of trade
Would be a good Topic to Attack IMO
Hic
Defaulted Loans May Haunt Seniors
by Ellen E. Schultz
Monday, March 8, 2010
‘A little–noticed law could soon result in smaller Social Security checks for hundreds of thousands of the elderly and disabled who owe the U.S. money from defaulted loans and other debts more than a decade old.
Social Security benefits are off–limits to creditors, such as credit–card companies and banks. But the U.S. can collect debts to federal agencies by “offsetting,” or withholding Social Security and disability payments.
The Treasury currently withholds benefits of 3.1 million Social Security recipients to recover defaulted student–, farm– and small–business loans, unpaid income taxes, amounts veterans owe for health care, and other debts to the government.’
“”Iran will continue to attempt to procure the goods that will be subject to new sanctions through the same mechanisms and doors that are currently open,” Brian Davis from the Brussels office of the US immigration and customs enforcement agency (ICE) told this website.
The office was recently set up in the EU capital for “strategic reasons,” in order to co-operate not only with Belgian authorities, but also the European Commission, its anti-fraud office (Olaf) and the World Customs Organisation, which is also based in Brussels.
ICE agents are focusing on tracking down buyers of so-called dual-use items – high-tech components with applications in medical, telecoms and other fields, but also in Tehran’s nuclear enrichment programme.”
Some of the most beautiful women I have ever met, and loved were Greek. Something so pure about their aroma, their skin, hair………..ahhhhh just like the breezes of the mediteranean. Time to go back , Im booking a trip as I write this.
I will remember to hold my tongue, while Im there as the secret police are now said to be 1 in every 10 citizens(slaves).
@BONN Yes, for people who work part time at supermarkets etc it is that bad.
Unemployment is sky-high.
Also, the past few years we have a wonderful new thing called “rented employees”. Companies hire people for 6 months/a year and then they fire them so they don’t have to raise their wages and get new ones to replace them.
Man, I welish the thought of an all out derivatives conflict between EU and the US. They are ready to pile the crap onto themselves, and crap makes good fuel for a bondfire…It can be really quiet on Wall street early in the morning..that is what I think the collapse will sound like just before the bodies start hitting the pavement like the frogs in Magnolia..
“The longer term solution involves changing the economic architecture of the eurozone in two critical respects. The eurozone needs a proper Federal Budget enabling the centre to help the regions. A number of economists have called for this before; eg, Andre Sapir called for a Federal ‘rainy day fund’ back in 2003, and several prominent MEPs have recently argued that a genuine Federal Budget is needed. Such a budget—perhaps 5% of Eurozone GDP initially— could easily be funded by a small Tobin tax on euro foreign exchange transactions.
What is also needed—and here I recall the argument advanced by Keynes at Bretton Woods in 1944— is a mechanism whereby countries such as Germany spend their surpluses in deficit countries in a matter which increases the productivity, and hence the repayment capacity, of the latter.
The powerful nations of the eurozone have generously bailed out their banks using ordinary people’s money. It is time for them to support the ordinary people who are most at risk from swingeing cuts in government expenditure being called for by these same financiers.”
The man is indicating a global regulator is needed for exchange rates and sovereign reserve manipulation (international clearing union). The Tobin Tax will enrich sovereign banks (private citizens).
Neither ‘solution’ gives the Greek nurses or teachers any aide.
Yesterday in an interview Faber recounted his direct experience of people starving in the streets of Buenos Aires after the currency collapse of the ’90′s. This happened in what he called a ‘relatively rich city’….
he thinks this awaits all major cities of the world at some point in the not distant future…
@ DA, maxkeiser Glad you liked the link. Elena is awesome. And hot.
@ Sirial Spring hasn’t arrived here either. It SNOWED this week. (and yes, it snows in Greece)
@ EB That isn’t far from the truth where Greece is concerned. Things are really bad but it’s still not ‘showing’ unless you talk to people and hear how they cope. The news give us numbers and say this and that and then they distract the public opinion with porn DVD’s.
Quiet before the storm?
“Mexican telecom giant Carlos Slim has topped Forbes magazine’s billionaire’s list. He foresaw the rise in telecommunications, particularly cell phones. And he is also big in cement.”
The break in the yuan/dollar peg will be the catalyst to the new system which will cede all sovereign control to a global regulator. Break may occur in December 2010 if yuan in included in a new ‘global reserve asset’ (“provided” by the IMF) without meeting convertibility as a part of a new sdr (international reserve unit).
The international reserve system is a contradiction in terms..The fact that fiat currency is only an intermediary can’t be changed without eroding the power of the intermediary.
@ Mother Earth LOL omg that’s SO old!
No, a new DVD starring a singer/pageant runner up/wannabe starlet (Julia) that came out at news stands and made 2 mil euros the first day.
@ Larry That is TOO sad. Wow they knew how to write tragedy back then. I wouldn’t be allowed to kill my heroine today. Well, I would but I wouldn’t be able to sell the book to a publisher. lol
@MotherEarth:
The big boys are going to alter the concept of ‘money’ by creating a reserve asset which is not used as a global currency (but which most likely will include currency). The idea is to include GDP (as a function of some subjective twist inculcated through the art of rhetoric) in the sdr asset. Yuan won’t need to be convertible. The new system will eliminate sovereign digress from the IMF/ECB industrial goals. Men get to play god at last.
You are quite inconsistent, Mother. The new system is the only way you get your way in the forced-fed ideology/profit-driven necessity-wrung fascist uber-state:
“I mentioned climate change. At first sight, this may seem not to fall within the IMF’s core “mandate.” But I see assisting our members to deal with the serious macroeconomic and financing consequences of climate change as very much part of our responsibility to support long-term global stability. And I believe we must work with others—including our colleagues here at the World Bank, of course—to craft creative solutions to what is perhaps the most critical issue facing the planet in the 21st century.”
Crafting creative solutions!!! Oh! Joy! (or would that be Ode to Joy?)
“A longer-term question is whether a new global reserve asset is needed.
Certainly, having several suppliers of reserve assets would limit the extent to which the international monetary system as a whole depends on the policies and conditions of a single, albeit dominant, country.
And one day, the Fund might even be called upon to provide a globally issued reserve asset, similar to—but in important respects different from—the SDR. That day has not yet come. But I think it is intellectually healthy to explore these kinds of ideas now—with a view to what the global system might need at some time in the future.”
The Global currency system is almost here. But first the catalyst for acceptance must be created. Im smelling another systematic crash , or the continuation and finale of the first one. Thanks for the updates.
@ davem ,…Thankyou for sharing your picture with us ,[ good to see some original artwork ], perhaps you could draw a picture or make a sculpture of a banker made out of toilet paper ?, collage effect ? or a sculpture of a banker imprisoned by toilet rolls ?….
The question at this point is which assets will be protected in the new system. Already the securitization process has been sliced: with cmbs as the “old Maid’s card”.
If this is the calm before the storm, people are looking to ‘park’ their money in safe assets. Hence the question about sovereign bonds.
Any asset priced within the dollar system is a dud. That system is unraveling: prices at this point forward see increased fluctuation and volitility.
The only way to protect the Chinese reserves is to include the yuan before convertibility as a reserve asset.
The dollar and all its nefarious associations looks to be tarred and feathered and sent out of the village.
“The new system is the only way you get your way in the forced-fed ideology/profit-driven necessity-wrung fascist uber-state:”
Not quite..there is another option that is much more readily achievable, and to me equally acceptable..I mentioned before we are seeing decivilisation..It may not be the plan, but it is what people unconsiously work towards…
http://www.youtube.com/watch?v=Os9s9iiQckk from ‘ poetry animations ‘ they animate pictures of poets with poems ‘, i like the way they match the voice with the picture ,some are more successful than others but i agree it’s not for everyone as poetry can be difficult to read and when you get to the end you wonder what it all means ?, [sorry cann't help you there ], but if this speaks to you as it does to me , then that is good. poetry animations with poem by billy blake ‘little boy lost ‘ , from songs of innocence & experience . hope, i am not barking up the wrong tree ?
Y’know,
If you think of GREECE as a Monopoly,
and everyone is on strike,
you have effectively shut down the company
and are bringing it’s Marginal Costs DOWN…
So strike-on, people, strike-on
And some personal observation (excerpt):
‘…Curiously, nobody mentions the church. No main stream media, I am aware of, touches the subject. Religious discrimination, self-censorship? Having opened offices and run biz in Greece, one of the most powerful – if not the most powerful – institution one has to ‘recognize’, is the church. Nothing moves, no land sold or bought, no building built, without the blessing of the church, the orthodox priests, the ‘Popen’ as they say in German – and it is not for free!…’
@ All
Is Lloyd Blankfein at it again? Okay, let me have another talk with da Man.
Lloyd have you gone Mashugana? Weren’t you once Zaidy’s kleine Buble. Remember your B’nai Mitzvah classes when the Rebbi talked about tikkum olam! So wake up and smell the gefelte fisch. You’re supposed to heal the world, not destroy it! Start going back to shul and listen to your Rebbi ‘cause you’re pissing us off! Yashir Koyekh everyone. (Strength in numbers!)
@Ingrid
Dont be too harsh on Lloyd ‘doing God s work’ Blankfein. He doesn t know better – he is not a banker. As a matter of fact, few of today s top brass at Goldilocks are. They were traders at J. Aron & Co, today the (physical) commodity trading arm of GS. You know, those who buy and sell the real stuff, ship it around the globe and dealing with their mates in the biz (such as Glencore, Vitol, Trafigura and so forth) – some define it as trying to screw each other, day in and day out. A good school to move on and screw the rest of the world – this time with gratis government money and lender of last resort insurance to boot – i.e. your, me, every stupid taxpayer, underwriting their shenanigans.
@X
Even the CBC? I am not sure if you’re from Toronto or not, but do you remember when CNN’s John Roberts and Ali Velshi were on City TV. They were a blast back in the day. John was known as JD Roberts the headbanger! He had the best mullet in the Great White North, eh! http://www.youtube.com/watch?v=pLkFC0guAA8 I guess they sold their rock n’roll soul to the corporate devil.
@ Ingrid
I knew that Roberts was on City; he is still by far the best of the current CNN lot.
Did not know that Velshi was there as well.
Although I now live in Ontario, I am a Montréal boy.
(We exported Gord Martineau, Andy Barrie, and a few others to T.O.)
@X
We moved from Montreal to the Colorado after the referendum. We thought Quebec was going to separate from Canada. But we just sold our house and we’re moving back.
@X
My husbands family live in Toronto. We’re thinking of moving there or maybe to Vancouver. Although we love Montreal the winters really suck. Where in Ontario are you?
@ Ingrid
I’m not fussy about Vancouver, BC (Bring Cash)
apologies WL, G_B
Montreal is a wonderful city, but things have changed
I can honestly say I wish I was French Canadian, then I could live a lovely life in Montreal – the French know how to live
Canadians don’t have the scope of choice that Americans do: Maine (I love Maine) to Florida to NYC to Texas to L.A., etc
all in all, although it hurts a Montrealer like me to say this – and I have lived from one end of Canada to the other – Toronto is the logical place to be
(I live near T.O)
I was downtown Athens today. It seems things are escalating, since even though everybody was on strike just like two weeks ago, today many more took to the street. If the last time there were around 30-40 thousand, this time there were twice as that, maybe even more. If you add to that the fact that public transportation was on strike too, then the number becomes even more impressive. I walked about an hour just to get to the rallying point.
During the previous strike, the head of GSEE (biggest workers’ union) was beaten up by workers who thought he is a sell-out, which he is.
As bad as the numbers of the polls are, reality for Papandreou is worse, since they were published by the one of two media groups who are really pushing for those measures to pass. All propaganda, no credibility. I think they are playing with a tinderbox here.
check out this video about the greek government considering the sale of islands (i’m assuming they are talking about the easter aegean where the oil is)
Dramatique hein X ? Hey X ? Aren’t tha Canadians all bilingual since Trudeau introduced official bilingualism ? Apprendre le français won’t kill you. You have to put a little bit of energy and brain power. Ronron didn’t die. You know what the anglo-saxons need ? Another Norman conquest. Pour toi Jim. Just kidding.
Hey Jim “Honnis soit qui mal y pense.” “Dieu et mon droit.” Hogtown ? Comme c’est original !
The place to be is Iqualuit !, Yukon 2000 miles of Hogtown. or Isles de la Madeleine, 200 miles of mainland in the middle of the Atlantic ! far away of what will soon be coming. Toronto and Montréal will be very cool with an economic depression. Have family in New-Foundland. Not far away from Iceland. The moose and the baby seal meat is just yum yum.
The sale of Greek islands and islets was considered about ten years ago during Greek PM Simitis reign. As for Acropolis, Berlusconi was considering privatizing the Colosseum, while the Spanish government had created an uproar when they considered selling to Japanese investors some of Gaudi’s buildings (of course there was also the fact that the Castilian government was trying to sell off Catalonia’s treasures). I guess cultural artifacts should belong to the proper people: those mentally challenged who want to grab everything else.
Hullaballoo FOX’s video sucks. The logic behind the script and Mr.3d generation Greek-American “specialist” is similar to the one implemented by the whites vs native US Indians. Goldman Sachs lady agent Ms. Loudiadis (another Greek@Goldman Sachs) acted in a totally unethical way manipulating Greece, a sovereign nation, offering extremelly well paid support while hedging/betting against Greece at the same time!!!. When human greed is left uncontrolled, and banksters are untouchable by Law, tragedy is on the way. Democracy has been superseeded by Bankocracy…
Turn off your televisions you bunch of frustrated philistines and think for yourselves.You bunch of dum asses are like parrots reading off shit that you read on your A level economics course.All of you keep discussing the same subjects.
It is about money, greed, and waste.It isn’t rocket science.I am leaving this site for good.Im sure you twats will be babbling on about the same crap in a month.
Remember the core of your conversation is basically the same:human greed and waste.Live with few possessioins and stop talking so much bullshit.
Good Bye and Good Riddance.
I want be back .Im going out to listen to the birds while you fools keep wasting carbon in the air from overheated servers pumping energy so you can look up crap on you tube.
Get a life.
Everything in a holding pattern, no TOB!
Mike
For what its worth something has to give soon and I am glad its getting to that point because prolonging the inevitable pain is getting so out of control. If they’d let it all flush out by now we would at least be close to the bottom by now.. they have just increased the falling height instead.
Bring it on FFS
Will Lloyd Blainfein, CEO of Goldman Sachs, be canonized by the Pope for doing “God’s work.”
http://www.hubdub.com/m67748/Will_Lloyd_Blainfein_CEO_of_Goldman_Sachs_be_canonized_by_the_Pope_for_doing_Gods_work_
This teaches you never to take candy from a stranger : Annie Leibovitz should be an iconic debt slave.. http://news.bbc.co.uk/2/hi/business/8557088.stm
http://www.zougla.gr/page.ashx?pid=2&aid=55287&cid=4
live cam
Jibber Jabber – It’s lunch time and I just saw this:
Geithner warns of rift over regulation
http://www.ft.com/cms/s/0/e0990432-2c83-11df-be45-00144feabdc0.html
“Tim Geithner, US Treasury secretary, has delivered a blunt warning to the European Commission that its plans to regulate the hedge fund and private equity industries could cause a transatlantic rift by discriminating against US groups.”
“A letter sent by Mr Geithner this month to Michel Barnier, Europe’s internal market commissioner, makes it clear that the European Union is heading for a clash with Washington if it pushes ahead with what the US – and Britain – fear could be a protectionist law.”
@max
I did a drawing of Lloyd Blankfein and God a while back:
http://ny-image3.etsy.com/il_fullxfull.114531423.jpg
@me….
Wow…who would have thought that when you make your money with a camera (not extreme investments to be made there) and have a name…could fall for the debt monster like that….
Hey Max
Did you ever have a coke (The drink that is) With SID?
NO, you were busy working with “the Man”
God you missed out.
Mike
with all these erath quakes…does this mean the polar shift is coming? I have always teh feeling everybody has lost the north all ready
Humans Are Slaves Not Worthy of Liberation
Do you feel free? Do you know what freedom is, or did someone have to explain it to you? In our freedom, men tear each other apart to be the leader, power corrupting their hearts. Free women play the role of the sex toy and ride the cock of power to benefit themselves, and these self-objectified women wonder why they are treated unequally. We are slaves to conformity, our masters at the controls of every aspect of our lives, they say what, when, where, why, and how. Their money fuels our lives and we allow it to continue on.
What have all these wars produced? More war? Glorification of violence? The separation and corruption of every human soul. Fear controls the majority, fear of the inevitable death, fear of poverty, fear of your neighbor. Your fear is obvious in your narrow-mindedness, your acceptance of stupidity, and how quickly you resort to hatred and closure when your opinions are threatened in any form. You live your life through televisions, computer screens, and mass symbolic pornography. Your highest aspiration is to be revered as better than everyone else. What is it that these “respected” men have that you want so desperately? Attention? Possessions? High-class cronies? Your ego commands your strings puppet, and your ego was forged by the machine called society that keeps you distracted while it invisibly herds you into mental prisons. Continue to fuel the machine with your life, yes, devote your existence to the benefit of the infrastructure so the men on top can continue ejaculating on your faces. Blind. Continue to tear at your fellow man for no reason except to be superior to him. Survival of the fittest. Those dead soldiers of old weep in mourning as their children spend their shed blood so selfishly.
Compassion is a decision while conceit is common place.
You call yourselves parents; you are nothing but the first stage of the mass indoctrination system. Rush in your busy life father as I cry myself to sleep because this society is what you work so hard to pass on to me. Continue to idolize yourself mother so I may have the same body issues as you when I grow-up. Continue your rush parents as your children become more perfect citizens that are even more malleable than you continue to be.
Evil has won; revolution isn’t even possible anymore because no one is willing to stand up for what they believe in. Humanity has been demoralized into distraction and self-gratification and all of you dammed people can’t get enough. You are literally not worth the life that flows through your veins prove me wrong, what have you done? You want someone to do it for you, you want someone to control you, you have convinced yourself this bureaucratic shit pile is necessary, you can’t even fathom an alternative, that’s how deeply you have fallen.
Continue what you call life, you slave.
F**K YOU SOCIETY I CAN DIE KNOWING I AM FREE.
@davem
as always really nice!!!
By teh way..I have the feeling I’m on a strike for years now. Finally people are joining me.
mike
no – i can’t believe you were that close to Sid. Amazing.
lucky you!
Jibber Jabber or is it ???
Tis deserves another listing
Hic
evidence for giants nephilim rephaim anunaki part 1
http://www.youtube.com/watch?v=N63lhtx2q8o&feature=related
@Y’All
to people who repeat the same thing all the time… uhm, it makes you look impotent and really insecure!!!
Morning, Stacy!
Ah, Mike2Liverpool , TOB again?.
@Depressionalert
Amen…
Is Lloyd Bainfein a sicilian?
http://www.youtube.com/watch?v=TUee1WvtQZU
Funny line about Australians too
As long as ya do it its Fine eh
Hic
@SuperGeek
thanks!
EVERYONE is on strike today because we are fed up.
We did not steal or embezzle anything and we are asked to pay when everyone and their uncle know who took the money. We are told to give up a month’s salary but the first salary in Greece is 800 euros! Can the Germans or the Brits say the same?
Check the prices of products/services in Greece and then the rest of the EU. If our PM wants the employees to bail the country out then he should also make it so that one doesn’t sit at a cafe and pay three times the price of a coffee he’d pay in Italy.
He should control the merchants who put a higher tag on clothes to make a profit of 200% and he should take a walk to customs and ask why since it’s a free European market and all, the tariffs for everything that comes in are so high.
Of course we want to help our country and not see it bankrupt, but we are sick and tired of being taken for fools.
@DA
DITTO!!!
If all the Greeks that are on strike think that it’s a good thing that the state goes even deeper into debt they should be buying all the new bonds and refinancing the old ones. They’re actually protesting against the fact that nobody’s willing to buy them at low rates, so why don’t they buy them?
@DA
yeah I also cry myself to sleep most every night, usually as a result of laughing hysterically at the comments on maxleiser.com … as I have said many times before, I love this website!!!
Harut Hagopian – Popuri
OOOPAAHH!
http://www.youtube.com/watch?v=oHGdnHNNQeQ
“There has even been a developing debate in the press (and here at PIMCO) as to whether a highly-rated corporation could ever consistently trade at lower yields compared to its home country’s debt. I suspect not, but the narrowing in spreads since late November solicits an interesting proposition: Government bailouts and guarantees such as those evidenced and envisioned in Dubai and Greece, as well as those for the last 18 months with banks and large industrial corporations across the globe, suggest a more homogeneous “unicredit” type of bond market. If core sovereigns such as the U.S., Germany, U.K., and Japan “absorb” more and more credit risk, then the credit spreads and yields of these sovereigns should look more and more like the markets that they guarantee. The Kings, in other words, in the process of increasingly shedding their clothes, begin to look more and more like their subjects. Kings and serfs begin to share the same castle.”
http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2010/Investment+Outlook+March+2010+Bill+Gross+Dont+Care.htm
Elena Paparizou- beautiful Greek princess- Forget about it!
http://www.youtube.com/watch?v=evfD3iFz9O8&feature=related
@ Max Keiser
How about an Episode on ta Plunge Protection Team
Have ya noticed any wierd trades at the end of ta week of ta NYSE???
What are yer tots on tat ?
I heard somewhere tey have 5 bill @ their Dissposal fer each Day of trade
Would be a good Topic to Attack IMO
Hic
Defaulted Loans May Haunt Seniors
by Ellen E. Schultz
Monday, March 8, 2010
‘A little–noticed law could soon result in smaller Social Security checks for hundreds of thousands of the elderly and disabled who owe the U.S. money from defaulted loans and other debts more than a decade old.
Social Security benefits are off–limits to creditors, such as credit–card companies and banks. But the U.S. can collect debts to federal agencies by “offsetting,” or withholding Social Security and disability payments.
The Treasury currently withholds benefits of 3.1 million Social Security recipients to recover defaulted student–, farm– and small–business loans, unpaid income taxes, amounts veterans owe for health care, and other debts to the government.’
@elsoto:-
Wow! Real time debt slave rebellion!
This feudal period is going to be well documented, unlike the previous one.
Didn’t the Holy Roman Church ban Usury during the last dark age?
http://finance.yahoo.com/retirement/article/109011/defaulted-loans-may-haunt-seniors?mod=retire-planning
@EB, Funny how none of the popes have decried usury since JP I’s untimely death.
@maxkeiser, That wouldn’t be so bad, since he’d have to be dead first.
EU getting help from ICE?!
“”Iran will continue to attempt to procure the goods that will be subject to new sanctions through the same mechanisms and doors that are currently open,” Brian Davis from the Brussels office of the US immigration and customs enforcement agency (ICE) told this website.
The office was recently set up in the EU capital for “strategic reasons,” in order to co-operate not only with Belgian authorities, but also the European Commission, its anti-fraud office (Olaf) and the World Customs Organisation, which is also based in Brussels.
ICE agents are focusing on tracking down buyers of so-called dual-use items – high-tech components with applications in medical, telecoms and other fields, but also in Tehran’s nuclear enrichment programme.”
http://euobserver.com/24/29596
….visiting max keiser.com has certainly helped improve my self esteem .
Some of the most beautiful women I have ever met, and loved were Greek. Something so pure about their aroma, their skin, hair………..ahhhhh just like the breezes of the mediteranean. Time to go back , Im booking a trip as I write this.
I will remember to hold my tongue, while Im there as the secret police are now said to be 1 in every 10 citizens(slaves).
@ BOTSWANA Because we have no money? Some people are waiting for pay day to buy cheese.
YO
Whoa LT
is it tat bad in Greece ??????
Hic
@DA http://www.youtube.com/watch?v=9s-GP8jhUBQ This is one of her latest songs. Really like it.
http://www.theonion.com/content/video/breaking_news_some_bullshit?utm_source=videoembed
@BONN Yes, for people who work part time at supermarkets etc it is that bad.
Unemployment is sky-high.
Also, the past few years we have a wonderful new thing called “rented employees”. Companies hire people for 6 months/a year and then they fire them so they don’t have to raise their wages and get new ones to replace them.
Man, I welish the thought of an all out derivatives conflict between EU and the US. They are ready to pile the crap onto themselves, and crap makes good fuel for a bondfire…It can be really quiet on Wall street early in the morning..that is what I think the collapse will sound like just before the bodies start hitting the pavement like the frogs in Magnolia..
@Lisa Troy
Thanks for the link. I like it!
Future “solutions” for the Greek dilemma?
Tobin tax and international clearing union (inevitable):
http://blogs.euobserver.com/irvin/2010/03/02/greece-socialism-for-the-rich-and-capitalism-for-the-poor/
“The longer term solution involves changing the economic architecture of the eurozone in two critical respects. The eurozone needs a proper Federal Budget enabling the centre to help the regions. A number of economists have called for this before; eg, Andre Sapir called for a Federal ‘rainy day fund’ back in 2003, and several prominent MEPs have recently argued that a genuine Federal Budget is needed. Such a budget—perhaps 5% of Eurozone GDP initially— could easily be funded by a small Tobin tax on euro foreign exchange transactions.
What is also needed—and here I recall the argument advanced by Keynes at Bretton Woods in 1944— is a mechanism whereby countries such as Germany spend their surpluses in deficit countries in a matter which increases the productivity, and hence the repayment capacity, of the latter.
The powerful nations of the eurozone have generously bailed out their banks using ordinary people’s money. It is time for them to support the ordinary people who are most at risk from swingeing cuts in government expenditure being called for by these same financiers.”
The man is indicating a global regulator is needed for exchange rates and sovereign reserve manipulation (international clearing union). The Tobin Tax will enrich sovereign banks (private citizens).
Neither ‘solution’ gives the Greek nurses or teachers any aide.
Actually I wish I was in Greece, spring over here in Amsterdam still isn’t showing itself.
@LisaTroy
Yesterday in an interview Faber recounted his direct experience of people starving in the streets of Buenos Aires after the currency collapse of the ’90′s. This happened in what he called a ‘relatively rich city’….
he thinks this awaits all major cities of the world at some point in the not distant future…
@Lisa Troy
Thanks for the link. Good stuff!
& Lisa ‘ Troy ‘, book 1V of the Aeneid ,wink ,wink ……
yech
1 in 6 Americans infected with herpes
http://www.reuters.com/article/idUSN0923528620100309
@ DA, maxkeiser Glad you liked the link. Elena is awesome. And hot.
@ Sirial Spring hasn’t arrived here either. It SNOWED this week. (and yes, it snows in Greece)
@ EB That isn’t far from the truth where Greece is concerned. Things are really bad but it’s still not ‘showing’ unless you talk to people and hear how they cope. The news give us numbers and say this and that and then they distract the public opinion with porn DVD’s.
Quiet before the storm?
My mom always told me to beware of men called Slim who are “big in cement”:
http://news.bbc.co.uk/1/hi/business/8560731.stm
“Mexican telecom giant Carlos Slim has topped Forbes magazine’s billionaire’s list. He foresaw the rise in telecommunications, particularly cell phones. And he is also big in cement.”
International clearing union= Global world bank= integral part of new international reserve system
http://www.bloomberg.com/apps/news?pid=20601088&sid=ahhNLYue7laM
The break in the yuan/dollar peg will be the catalyst to the new system which will cede all sovereign control to a global regulator. Break may occur in December 2010 if yuan in included in a new ‘global reserve asset’ (“provided” by the IMF) without meeting convertibility as a part of a new sdr (international reserve unit).
@Lisa
Like this? http://www.youtube.com/watch?v=a43cpmsbkuU
@ Larry I found the book, but you mean 1st book section 5 or book 4? Coz book 4 is abt Aeneas and Dido’s love. :-$
@Lisa Troy ,..the market place has become crowded out ,too many Paphlagonians, sausage sellers abound , when in Rome do as the Greeks , good luck !
@Snoot
The international reserve system is a contradiction in terms..The fact that fiat currency is only an intermediary can’t be changed without eroding the power of the intermediary.
€
Built on a Lie
The Fundamental Flaw of Europe’s Common Currency
http://www.spiegel.de/international/europe/0,1518,682432,00.html
@ Lisa Troy ,.. yes , from memory ,the book about the cave .
@ Mother Earth LOL omg that’s SO old!
No, a new DVD starring a singer/pageant runner up/wannabe starlet (Julia) that came out at news stands and made 2 mil euros the first day.
AJ is on a riot With Edward Griffen
lolololol
He was enacting Rothchilds/Rockerfellers “What Commoners writing Legislation !!!”
ROFL
Hic
@ Lisa ,.Thanks for the update !, hem….
@ Larry That is TOO sad. Wow they knew how to write tragedy back then. I wouldn’t be allowed to kill my heroine today. Well, I would but I wouldn’t be able to sell the book to a publisher. lol
max and stax should pop down to Athens and make some videos I think
Take ta train
Hic
€
IMF’s fiscal tough love the best option for Greece
http://www.theglobeandmail.com/report-on-business/commentary/imfs-fiscal-tough-love-the-best-option-for-greece/article1497029/
@MotherEarth:
The big boys are going to alter the concept of ‘money’ by creating a reserve asset which is not used as a global currency (but which most likely will include currency). The idea is to include GDP (as a function of some subjective twist inculcated through the art of rhetoric) in the sdr asset. Yuan won’t need to be convertible. The new system will eliminate sovereign digress from the IMF/ECB industrial goals. Men get to play god at last.
You are quite inconsistent, Mother. The new system is the only way you get your way in the forced-fed ideology/profit-driven necessity-wrung fascist uber-state:
“I mentioned climate change. At first sight, this may seem not to fall within the IMF’s core “mandate.” But I see assisting our members to deal with the serious macroeconomic and financing consequences of climate change as very much part of our responsibility to support long-term global stability. And I believe we must work with others—including our colleagues here at the World Bank, of course—to craft creative solutions to what is perhaps the most critical issue facing the planet in the 21st century.”
http://www.imf.org/external/np/speeches/2010/022610.htm
Crafting creative solutions!!! Oh! Joy! (or would that be Ode to Joy?)
“A longer-term question is whether a new global reserve asset is needed.
Certainly, having several suppliers of reserve assets would limit the extent to which the international monetary system as a whole depends on the policies and conditions of a single, albeit dominant, country.
And one day, the Fund might even be called upon to provide a globally issued reserve asset, similar to—but in important respects different from—the SDR. That day has not yet come. But I think it is intellectually healthy to explore these kinds of ideas now—with a view to what the global system might need at some time in the future.”
@frances snoot
The Global currency system is almost here. But first the catalyst for acceptance must be created. Im smelling another systematic crash , or the continuation and finale of the first one. Thanks for the updates.
If memory serves me right, the temple at Delos was once a major center for banking and lending in Classical Greece.
http://en.wikipedia.org/wiki/Delos
http://en.wikipedia.org/wiki/Delos_Synagogue
How ironic that a classic state has been the centre for 3 empires :
Eastern Roman @ Bizantium
Pre Roman : Alexaderian Empire
Pre Roman : Nation State Empires, before Roman Colonization
@ davem ,…Thankyou for sharing your picture with us ,[ good to see some original artwork ], perhaps you could draw a picture or make a sculpture of a banker made out of toilet paper ?, collage effect ? or a sculpture of a banker imprisoned by toilet rolls ?….
@Y’All
some follow up to a link I previously posted!!!
http://www.telegraph.co.uk/news/worldnews/europe/france/7415082/French-bread-spiked-with-LSD-in-CIA-experiment.html
can someone please turn this into a youtube?
http://maxkeiser.com/2010/03/08/1112-max-keiser-helen-skopis-athens-international-radio-104-4f/
thanks!!!!
The question at this point is which assets will be protected in the new system. Already the securitization process has been sliced: with cmbs as the “old Maid’s card”.
If this is the calm before the storm, people are looking to ‘park’ their money in safe assets. Hence the question about sovereign bonds.
Any asset priced within the dollar system is a dud. That system is unraveling: prices at this point forward see increased fluctuation and volitility.
The only way to protect the Chinese reserves is to include the yuan before convertibility as a reserve asset.
The dollar and all its nefarious associations looks to be tarred and feathered and sent out of the village.
Also if you do find sometin in ta Plunge Protection Team
Guess whats gonna happen ta ya Gold Position if ya expose it
Hic
ROFL H/ T ???
@Snoot
“The new system is the only way you get your way in the forced-fed ideology/profit-driven necessity-wrung fascist uber-state:”
Not quite..there is another option that is much more readily achievable, and to me equally acceptable..I mentioned before we are seeing decivilisation..It may not be the plan, but it is what people unconsiously work towards…
@Y’All
‘Calif. robber holds up 11 people, gets $6′
http://www.msnbc.msn.com/id/35798092/ns/us_news/
‘Kansas Man attacked for trying to buy drugs with Monopoly money’
http://www.aroundglobe.net/2010/03/man-attacked-for-trying-to-buy-drugs.html
@motherearth:
You mean anarchy and chaos?
The men that control the currency also control the armies so I don’t think it’s likely. Oh, and they also govern us.
@Y’All
‘The Devil is lurking in the very heart of the Roman Catholic Church, the Vatican’s chief exorcist claimed on Wednesday’
http://www.telegraph.co.uk/news/worldnews/europe/vaticancityandholysee/7416458/Chief-exorcist-says-Devil-is-in-Vatican.html
@SuperGreek:
http://en.allexperts.com/e/i/in/international_association_of_exorcists.htm
Teen Nathan Wilkie arrested for playing ‘offensive’ rap music from car
http://www.heraldsun.com.au/news/teen-nathan-wilkie-arrested-for-playing-offensive-rap-music-from-car/story-e6frf7jo-1225837530794
Ideology and not science?!
http://www.dailymail.co.uk/news/article-501316/The-Pope-condemns-climate-change-prophets-doom.html
Here’s the full-text of the Pope’s ‘polar bear speech’:
http://www.vatican.va/holy_father/benedict_xvi/messages/peace/documents/hf_ben-xvi_mes_20071208_xli-world-day-peace_en.html
http://opinionator.blogs.nytimes.com/2007/12/12/news-flash-pope-prefers-people-to-polar-bears/
http://www.youtube.com/watch?v=Os9s9iiQckk from ‘ poetry animations ‘ they animate pictures of poets with poems ‘, i like the way they match the voice with the picture ,some are more successful than others but i agree it’s not for everyone as poetry can be difficult to read and when you get to the end you wonder what it all means ?, [sorry cann't help you there ], but if this speaks to you as it does to me , then that is good. poetry animations with poem by billy blake ‘little boy lost ‘ , from songs of innocence & experience . hope, i am not barking up the wrong tree ?
@SuperGeek
Maybe they can re-school some of those unemployed cause loads of exorcists needed LOL
Donnow if this will help Lloyd Blankfein (what for name is that anyways?) with his god complex.
French bread spiked with LSD in CIA experiment
A 50-year mystery over the ‘cursed bread’ of Pont-Saint-Esprit, which left residents suffering hallucinations, has been solved after a writer discovered the US had spiked the bread with LSD as part of an experiment. http://www.telegraph.co.uk/news/worldnews/europe/france/7415082/French-bread-spiked-with-LSD-in-CIA-experiment.html
EMERGENCY ALERT – Historic Bailout Trial 3/11/10 http://www.youtube.com/watch?v=8Ry6-1L2Xxs
Grisly mystery after scores of starlings fall out of the sky and lie dying… in a SINGLE front garden. http://www.dailymail.co.uk/news/article-1256840/Mystery-scores-starlings-fall-sky-lay-dying–single-garden.html
Y’know,
If you think of GREECE as a Monopoly,
and everyone is on strike,
you have effectively shut down the company
and are bringing it’s Marginal Costs DOWN…
So strike-on, people, strike-on
The Greek Tragedy? Their brightest, most charming and heavily loaded compatriots headed for the diaspora a long time ago…
http://www.gstaadlife.com/taki/
And some personal observation (excerpt):
‘…Curiously, nobody mentions the church. No main stream media, I am aware of, touches the subject. Religious discrimination, self-censorship? Having opened offices and run biz in Greece, one of the most powerful – if not the most powerful – institution one has to ‘recognize’, is the church. Nothing moves, no land sold or bought, no building built, without the blessing of the church, the orthodox priests, the ‘Popen’ as they say in German – and it is not for free!…’
http://seekingalpha.com/user/217766/comment/924729
@ All
Is Lloyd Blankfein at it again? Okay, let me have another talk with da Man.
Lloyd have you gone Mashugana? Weren’t you once Zaidy’s kleine Buble. Remember your B’nai Mitzvah classes when the Rebbi talked about tikkum olam! So wake up and smell the gefelte fisch. You’re supposed to heal the world, not destroy it! Start going back to shul and listen to your Rebbi ‘cause you’re pissing us off! Yashir Koyekh everyone. (Strength in numbers!)
In pictures: Greek strike protest
BBC
http://news.bbc.co.uk/2/hi/europe/8562621.stm
Greece rioting against EU press
RT
http://rt.com/Top_News/2010-03-11/greece-rioting-against-eu.html
Thank X.
CNN is barely reporting it ’cause they’re too busy talkin’ bout the jobless economic recovery!
@max
OK… I uploaded to YouTube your interview with Helen Skopis, Athens International Radio
http://www.youtube.com/watch?v=i08Y5FD2NEU
COME TO GREECE MAX AND STACY!
@ Ingrid
You’re right. I checked CNN, CBS, ABC, even CBC here in Canada – equivalent to nothing.
Tiger Woods is obviously more important.
@Ingrid
Dont be too harsh on Lloyd ‘doing God s work’ Blankfein. He doesn t know better – he is not a banker. As a matter of fact, few of today s top brass at Goldilocks are. They were traders at J. Aron & Co, today the (physical) commodity trading arm of GS. You know, those who buy and sell the real stuff, ship it around the globe and dealing with their mates in the biz (such as Glencore, Vitol, Trafigura and so forth) – some define it as trying to screw each other, day in and day out. A good school to move on and screw the rest of the world – this time with gratis government money and lender of last resort insurance to boot – i.e. your, me, every stupid taxpayer, underwriting their shenanigans.
@ AngryGreek
good work – audio YouTube
@X
Even the CBC? I am not sure if you’re from Toronto or not, but do you remember when CNN’s John Roberts and Ali Velshi were on City TV. They were a blast back in the day. John was known as JD Roberts the headbanger! He had the best mullet in the Great White North, eh! http://www.youtube.com/watch?v=pLkFC0guAA8 I guess they sold their rock n’roll soul to the corporate devil.
@ Ingrid
I knew that Roberts was on City; he is still by far the best of the current CNN lot.
Did not know that Velshi was there as well.
Although I now live in Ontario, I am a Montréal boy.
(We exported Gord Martineau, Andy Barrie, and a few others to T.O.)
@X
We moved from Montreal to the Colorado after the referendum. We thought Quebec was going to separate from Canada. But we just sold our house and we’re moving back.
@ Ingrid
back where? what?
not to Québec …
@X
My husbands family live in Toronto. We’re thinking of moving there or maybe to Vancouver. Although we love Montreal the winters really suck. Where in Ontario are you?
@ Ingrid
I’m not fussy about Vancouver, BC (Bring Cash)
apologies WL, G_B
Montreal is a wonderful city, but things have changed
I can honestly say I wish I was French Canadian, then I could live a lovely life in Montreal – the French know how to live
Canadians don’t have the scope of choice that Americans do: Maine (I love Maine) to Florida to NYC to Texas to L.A., etc
all in all, although it hurts a Montrealer like me to say this – and I have lived from one end of Canada to the other – Toronto is the logical place to be
(I live near T.O)
steam building up…this society is under reconstruction…”need another stimulus”.
@Thanks X. My husband will be happy that you also agree that Toronto is the place to be:)
I was downtown Athens today. It seems things are escalating, since even though everybody was on strike just like two weeks ago, today many more took to the street. If the last time there were around 30-40 thousand, this time there were twice as that, maybe even more. If you add to that the fact that public transportation was on strike too, then the number becomes even more impressive. I walked about an hour just to get to the rallying point.
During the previous strike, the head of GSEE (biggest workers’ union) was beaten up by workers who thought he is a sell-out, which he is.
As bad as the numbers of the polls are, reality for Papandreou is worse, since they were published by the one of two media groups who are really pushing for those measures to pass. All propaganda, no credibility. I think they are playing with a tinderbox here.
There’s another, two-day strike ahead.
Here’s an interesting article relating to Greece and the collapsing economies around the world.
http://www.infowars.com/pondering-our-collapse-while-we-watch-others-fall/
@Stacey What kind of commentary do you want, just articles or videos and interviews
check out this video about the greek government considering the sale of islands (i’m assuming they are talking about the easter aegean where the oil is)
http://www.kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/3/10_KWN_DailyWeb__3_10_10_-_B.B.Video_1.html
@X
Dramatique hein X ? Hey X ? Aren’t tha Canadians all bilingual since Trudeau introduced official bilingualism ? Apprendre le français won’t kill you. You have to put a little bit of energy and brain power. Ronron didn’t die. You know what the anglo-saxons need ? Another Norman conquest. Pour toi Jim. Just kidding.
Hey Jim “Honnis soit qui mal y pense.” “Dieu et mon droit.” Hogtown ? Comme c’est original !
The place to be is Iqualuit !, Yukon 2000 miles of Hogtown. or Isles de la Madeleine, 200 miles of mainland in the middle of the Atlantic ! far away of what will soon be coming. Toronto and Montréal will be very cool with an economic depression. Have family in New-Foundland. Not far away from Iceland. The moose and the baby seal meat is just yum yum.
The sale of Greek islands and islets was considered about ten years ago during Greek PM Simitis reign. As for Acropolis, Berlusconi was considering privatizing the Colosseum, while the Spanish government had created an uproar when they considered selling to Japanese investors some of Gaudi’s buildings (of course there was also the fact that the Castilian government was trying to sell off Catalonia’s treasures). I guess cultural artifacts should belong to the proper people: those mentally challenged who want to grab everything else.
@kostakosta are you greek? Where are you from in Athens?
Hullaballoo FOX’s video sucks. The logic behind the script and Mr.3d generation Greek-American “specialist” is similar to the one implemented by the whites vs native US Indians. Goldman Sachs lady agent Ms. Loudiadis (another Greek@Goldman Sachs) acted in a totally unethical way manipulating Greece, a sovereign nation, offering extremelly well paid support while hedging/betting against Greece at the same time!!!. When human greed is left uncontrolled, and banksters are untouchable by Law, tragedy is on the way. Democracy has been superseeded by Bankocracy…
@Hullaballoo
ambelokipi
Turn off your televisions you bunch of frustrated philistines and think for yourselves.You bunch of dum asses are like parrots reading off shit that you read on your A level economics course.All of you keep discussing the same subjects.
It is about money, greed, and waste.It isn’t rocket science.I am leaving this site for good.Im sure you twats will be babbling on about the same crap in a month.
Remember the core of your conversation is basically the same:human greed and waste.Live with few possessioins and stop talking so much bullshit.
Good Bye and Good Riddance.
I want be back .Im going out to listen to the birds while you fools keep wasting carbon in the air from overheated servers pumping energy so you can look up crap on you tube.
Get a life.