[1113] The Truth About Rigged Market Capitalism – 13 March 2010

March 13th, 2010 by stacyherbert

Stacy Summary: Truth About Markets, London. We talk about so called free market capitalism in reality is rigged market capitalism; Hank Paulson and Dick Fuld, Lehmans and Barclays.

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222 responses so far ↓

  • Troy Ounce
    Mar 14, 2010 at 9:32 am

    @ Youri Carma

    I saw you commented on the Kiekeboe accounting article in the fd.nl

    Now these old farts can use some good comments; they have “mainstream” written on their forehead.

  • stacyherbert
    Mar 14, 2010 at 9:38 am

    @all – these are some of the best comments ever! thanks for an interesting thread!!

    @Authier – “Royalty belongs to history and the guillotine” . . . awesome.

  • maxkeiser
    Mar 14, 2010 at 9:38 am

    sure, hyper inflation is a concern – but not until after the deflationary debt collapse

    we are in the phase 2 of the debt deflation implosion

    banks are just now leeching into the press news about another 15 – 20 trillion in bad debts that will be needing fresh fiat-money-debt i.e., swapping really bad debt with long maturities for bad debt (t-bills) with short maturities.

    when all the bad debt with maturities of more than 6 months – 15 – 20 trillion worth – is successfully swapped – and in total – 30 – 40 trillion has been gifted to the banksters – than yes, the fresh 50 trillion or so in “currency” will be declared worthless and we’ll have a short hyper-inflationary period that will end when 2 – 3 billion people die from starvation and war that has resulted in this con.

    World History 2.0

    In the new beginning . . .

    There was gold. And it was good.

    And on the second day, the World Bank created SDR’s that were tied to gold and the remaining people of the world rejoyced.

    On the third day, the IMF bought all of the World Bank’s gold and create ‘depository SDR receipt futures’ approved by the CFTC that gave the new speculators a way to hedge against equality and harmoney.

    On the fourth day, world war 4 broke out and whoever was remaining was lost in a great fire.

    On the fifth day, God returned to his creation and settled down for a long, satisfying nap – now that the pesky arbitrage monkeys were all gone.

    And it was good.

  • pg
    Mar 14, 2010 at 9:58 am

    yes, the US will force another payment to the banksters..what a waste…..seems we have a bit to wait till we hit bottom…max, interesting take on creation….pg

  • Febo
    Mar 14, 2010 at 10:04 am

    ref lack of prosecutions – what are we waiting for? How about Pirate my lawsuit?

  • Marc Authier
    Mar 14, 2010 at 10:25 am

    @Stacy

    Thinking about political power having a hereditary quality gives me nausea. In a precedent life I was a certainly a rebel gladiator with Spartacus. I just can’t stand these clowns. We never liked the royals in Québec. Each time this bunch come on a royal visit to Québec there are violent riots. The only king I respect is the one that has no subjects ! I am allergic to heredity. There is definitively something unhealthy to it. I always think of Adolf Hitler and how the Windors were ardent fans of the Nazis at the beginning of the Furher’s career. Je me souviens.

  • Marc Authier
    Mar 14, 2010 at 10:30 am

    @Fedo

    Pirate my Hit Men.
    Pirate my contract killer.
    Finance your bankster bounty hunt.

    We should put a bounty on the head of this icelandic bankster.

    A bounty site. You ask all Icelanders and Greeks to send 5$ to hire a squad of bounty hunters to arrest the criminals.

  • namarama
    Mar 14, 2010 at 10:31 am

    a bit of payback heh,

    Anglo sets sights on FitzPatrick’s €13.5m pension pot

    “CONTROVERSIAL banker Sean FitzPatrick is facing the prospect of having to make monthly payments from his €533,000 annual pension to Anglo Irish Bank as it seeks to recover the €70.4m he owes in unpaid director’s loans”.

    http://www.independent.ie/business/irish/anglo-sets-sights-on-fitzpatricks-8364135m-pension-pot-2098876.html

    Oink oink..

  • Phil /Germany
    Mar 14, 2010 at 10:56 am

    Earthquakes in abundance !

    Just a note .. watching the last 7 days over Mag. 6+ … many !
    Significant IMO !

  • Danny
    Mar 14, 2010 at 11:02 am

    Ernst and Young – auditors of Anglo Irish Bank who turned a blind eye and signed off on all Anglo’s accounts – have been appointed to NAMA to make sure we the taxpayer don’t over pay! The “insiders” win again in Ireland. (David Mcwilliams)

    Could Lehman be Ernst & Young’s Enron?
    http://www.reuters.com/article/idUSTRE62C05220100313

    “Ernst & Young became the latest auditor to come under fire this week after the court-appointed examiner in the Lehman Brothers Holdings Inc bankruptcy said the audit firm did not challenge accounting gimmicks that allowed Lehman to hide some $50 billion in assets in 2008, while claiming it had reduced its overall leverage levels.”

  • namarama
    Mar 14, 2010 at 11:03 am

    @Phil /Germany.

    Happy pi day. 3.14…2010.

    http://spaceweather.com/

  • Youri Carma
    Mar 14, 2010 at 11:47 am

    @Troy Ounce

    Yep, the Infowar must continue so that we wake up some people every time. I was surprised that somebody knew about the “Kiekeboe” term which is a good sign cause obviously somebody picked up some sound info somewhere.

  • Youri Carma
    Mar 14, 2010 at 11:52 am

    @Troy Ounce

    Yep, the Infowar must continue so that we wake up some people every time. I was surprised that somebody knew about the “Kiekeboe” term which is a good sign cause obviously somebody picked up some sound info somewhere.

  • mexmet gzc
    Mar 14, 2010 at 1:20 pm

    wow:: stacy rocks on this episode…
    max u ok as usual :) )
    its obviously tough to be at the same intensity day in day out…
    but today’s episode belongs 2 stacy…

  • Rick McCartie
    Mar 14, 2010 at 7:50 pm

    Monsanto Stacy and Max reference……here’s a great article link :

    http://www.globalresearch.ca/index.php?context=va&aid=7716

  • Cognitive Dissonance
    Mar 14, 2010 at 8:15 pm

    good reporting, you two!
    listening on sunday morning, a good time to hear someone you trust speak the truth.
    bumping your work on my facebook page.

  • Wahrheit
    Mar 15, 2010 at 4:31 pm

    9/11 wasn’t perpetrated by 19 hijackers, it was perpetrated by criminals in the security services and military.

    Probably the explosives in the towers & building 7 was installed by either Blackwater and/or the US military.

  • will bill
    Mar 16, 2010 at 8:10 am

    DAVID CAMERON ARE YOU PAYING ATTENTION!!! There were rumblings that a Tory victory would position Barclays’ Varley as Govenor Of The Bank Of England…Don’t Do it. Many an abused Barclay’s “saver” will go ABB (ANYTHING BUT BARCLAYS) . We know too that Varley is simply a tool for Slimy Svegali, Dodgy Dia. Let’s hope Cumo summones Daimond to New York and in his absence his passport is revoked! While helping falsify Lehman’s books, was Barclays shorting Lehman, and hence lowering the price of an asset it coveted, AND with it’s insider knowledge knew was headed for oblivion. ???

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