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

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

  1. It’s a rigged game.

    1st

  2. Third

  3. Banking maths

  4. The Dork of Cork

    Lloyd even if you come third you can still win the game if you wish.

  5. Marc Authier

    CIA oligarch runned banana republic capitism. Anglo-saxon militaro-industrial nazism and financial bloodsucking theft and rape based capitalism.

  6. hey max, check shovio.com you can have there your own LIVE interactive show where viewers can call (audio/video) to your show to comment and ask questions or you can have guest speaker on……UNCENSORED!!!!!!!!!!!!

  7. Marc Authier

    Who’s in charge of enforcing Sarbane-Oxley again ? Geithner ? I don’t recall exactly. But what do you expect when you put a criminal responsible for the crime and expect the same bastards to enforce the law. Yeah London is indeed a cesspool of total shit. Old story.

  8. Is Repo 105 an accounting phenomenon used world wide?

  9. Photoception

    Off-balance sheet accounting should simply be prohibited, world-wide. Any CFO/CEO that fails to disclose their real exposure goes to jail. The whole concept of not regulating off-balance sheet vehicles is just laughable. Obviously Sarbanes-Oxley is a joke to Wall St.

  10. Marc Authier

    Whores are always madly in love with their clients. That’s about the true worh of the accountants, lawyers and the rating agencies opinions. London is a whorehouse.

  11. Marc Authier

    Geithner is a CRIMINAL. Dishonest ? No a freakin criminal.

  12. At November 28th 2009 Haaretz newspaper published an IDF document that Shed light on the way the IDF uses the targeted killings procedure.

    http://ihanuka.blogspot.com/2010/03/war-crimes-and-secret-arrests.html

  13. I am a rigid guy a drunk f@ck
    n it was yer B’day not too long back
    Medley – Saturday Night Fever
    http://www.youtube.com/watch?v=69VsAEafSgM
    Hic :-)
    bee gees – more than a woman
    http://www.youtube.com/watch?v=2ZCtgFmQvjQ&feature=related

    More tan a woman
    Belated happy Birthday can I take over Maxy
    ROFL
    Just Kiddin
    Hic

  14. Oooops really drunk
    Sorry
    Love Staurday night Live

  15. @Max. yes the net has changed. prediction. there will be the financial commission just like the 911 commission. same findings. then will come the 1000 or so lawyers and financiers for truth. you know the conspire nuts. 10 years on wolfe blitzer. fuck.

  16. If it effects the bottom line, it belongs on the balance sheet. ‘Off balance sheet accounting’ is an oxymoron.

    __________________________

    Happy Birthday Stacy! I hear you get younger with each post. By now you must be jailbait. :)

  17. @Stacy, Max

    Good show.

    Yes capitalism always makes sure that their deaths are off balance sheet while all of communism’s or socialism’s are on balance sheet.

  18. I’m just trying to work out how to apply off balance accounting to my love life. Derivatives might be a fun area too…

  19. “I did not have sex with that woman”.
    He was referring to a derivative.

  20. Lolololol

    Saw maxy fall some where while runnin
    Dunno how he good on scates
    But hes facin an avelange
    Rofl

  21. @Stacy. too bad you guys couldn’t get helen thomas on before she dies.

  22. Just Kiddin
    I’d rather kill meself tan get inbitween
    “Ta most HAVOC Financial Couple in history”
    Anyways I would’nt stand a chance i dunno wat SDR’s mean
    Special Drawing Rights
    Who is special ????????????

  23. @Bonn. how many large today. you can’t count. ;-)

  24. Go Polish left! Make my ancestors proud!

  25. @ ronron
    SDR
    Is Special Drug Rights
    ROFL
    Hic ;-)

  26. @Mep. whats up in poland?

  27. @ ronron
    10th down
    But Stacy’s so cute and its her birthday
    hic ;-)

  28. Hey a touch down
    ROFL

  29. @Bonn. prediction. max will use that SDR line. you come up with good lines when drunk. :-)

  30. or yer Amercan soccer all screwy fer us
    First Down
    2nd down’
    God knows !!!!!!!!11

  31. @ronron – Stacy said there’s a new left mobilizing in Poland.

  32. @Mep. i warned snoot about poland. he’s busy impersonating an officer. only kidding frank. no grudges.

  33. Marc Authier

    @Max

    Keynes din invent everything. The theory is from BASTIAT.
    A good example of total waste recently “Cash for clunkers.”

    Obama that asshole, should read a little bit about Bastiat. This guy is even more interesting than Keynes. His writings are prodigious and quite interesting.

    =================================================

    Parable of the broken window
    From Wikipedia, the free encyclopedia
    Jump to: navigation, search
    “Broken window fallacy” redirects here. For the unrelated “broken window theory”, see Fixing Broken Windows

    The parable of the broken window was created by Frédéric Bastiat in his 1850 essay Ce qu’on voit et ce qu’on ne voit pas (That Which Is Seen and That Which Is Unseen) to illuminate the notion of hidden costs associated with destroying property of others.

    Bastiat uses this story to introduce a concept he calls the broken window fallacy, which is related to the law of unintended consequences, in that both involve an incomplete accounting for the consequences of an action.

  34. r ya guys watchin staurday night fever

    man one of me dad’s friends dinner joint turned into a dance floor
    where did we go wrong
    Regulations ?????? were’nt in affect or ????/? we were we were we were
    http://www.youtube.com/watch?v=69VsAEafSgM
    Medley – Saturday Night Fever
    Hic ;-)

  35. “Rigged Market Capitalism” – Exactly!

    The banksters can’t be compared with the supposed “religious terrorists” a.k.a. jihadist (although as long as the Blankfien types claim they’re just “doing god’s work” -then it can be said that they are the true (and likely the only) religious extremists).

    Furthermore – there are more unscrupulous banksters than real “terrorists” (as opposed to vile false flaggers doing their deeds and blaming these on their creation -the illusory, ubiquitous “muslim terrorists”).

    The banksters are what they are: vilest of vile criminals who will do anything – anything -in their endless perverse need for acquisition of unlimited wealth and power (including creating a virtual enemies in order to cover their banksters’ crimes). Their enablers and sycophants aren’t much better.

    Fuld – “acquired” $458 million as compensation before his bank went belly-up – and he supposedly lives in Idaho (b.s. -doubtful that he’s even in the US)?! Ans what kind of “suicide” is this?

  36. @maxkeiser.com
    just finished just downloading… so as always thanks for the show!!!

  37. stacy did you said bankers or bangers at 4.34 :)

  38. Whos better
    Probably ta italian
    Hic;-)
    Any Day John
    better class

  39. meanin he knew what he was doin

  40. Phil /Germany

    @ca. 50 mins.

    That software you spoke about is already used at Y….. , since years.
    We used to discuss stocks there some 8 yrs. ago, and got fed up after every time we posted negative news about a certain large US Corp., it was deleted within seconds !

  41. I am Fully drunk Plz excuse me
    Hic ;-)

  42. Max and Stacy returns to the theme of Truth About Markets.
    That was a good show, I enjoyed it and hopefully learned from it as well.
    Cheers :)

  43. @Bonn – you are not excused, now, go and sit in the corner and think about what you’ve done.

  44. http://www.youtube.com/watch?v=cDL9rS2p_wA&feature=related
    Me And You And A Dog Name BOO
    LOBO
    Happy birthday g’nite

  45. @ P
    I have a crush on S but i’am too late
    Hic plus me an alcoholic

  46. Why would any chick like an alcoholic
    lololololol
    Hic ;-)
    Its Sunday here now

  47. Kenneth (crooked E) Lay faked his heart attach in Aspen/Snowmass Colorado. i know so, because he lived down the road from me. notorious lenient sheriff and autopsy fraud. no one is investigating this crime. why? scamerica does it again. of course he is still alive.
    http://www.kenlayisalive.org/

  48. http://www.youtube.com/watch?v=uWeqeQkjLto
    yer jorneys been etched in yer skin

  49. Marc Authier

    New name for your show

    “The truth about rackets.”

  50. wow i really like listening to both of you. love your topics, thanks for mentioning mansanto. love the flow of your conversations. you two work really well together. just wondering this didn’t pop up as a video only sound? i printed out max’s the next part of chapter 2 of “buy love, sell fear” can’t wait to read your novel max. enjoy how you interact with your admirers. long live stacy and max.

  51. Phil /Germany

    Smoking Guns From Midas
    http://ppinternational.goldtent.net/?p=204766

    Must read !

    Has the FED sold 6000 of America’s 8000 tons of Gold in Q3 2009 ?
    .. he asks !

    190.7 Billion$ = 5937 tons of Gold@ 1000$/oz.

    @Frances … SDRs mentioned as well .. “none” !

    … Note: In the same flow of funds report for Q3/09 at this appended link – there was no mention of gold / SDR sales – period:…

  52. @ronron:

    For the craic, Get a gravitar.

    http://en.gravatar.com/

  53. Marc Authier

    So ? When do we arrest these sun of bitches ? Don’t count on it. A hit men would do the trick but the tariffs to snuff out these type of fuckin british rats is prohibitive. And there is the problem for blackmali. Perfect crimes exist Shelock Holmes and it’s you fuckin britishitters that are the scum of the Earth. London bristishitters.

  54. The truth about markets: the totally free financial market as the basis of society will never be democratic. Totally free markets will always end up “rigged”, by nature.
    That is the wake up call needed for the U.S.
    Regulations are there to ensure that the power is retained within the democratically elected government. The market is a market place. It is not government. Setting the market free turns it, eventually, into “corporate government”. As in corporate Goldman Sachs-style government as we have seen lately. As power is always economically based.

    Many European governments opted for “inflation targeting” during the last two decades, which in effect delegated vital economic policies to central banks, not elected government.
    Resulting in less social mobility, and the renewed increase in income gap between poor/middle class/wealthy.

    Max/Stacy: You are very good at pointing out the problems – what are your thoughts on solutions? How should we organize society to avoid these “financial scandals” which in reality are “political scandals”?

  55. The ultimate racket…
    Just in case someone here hasn’t seen it, check this out..
    War is a racket by Smedley Butler 1935 (14 pp)
    http://www.ratical.org/ratville/CAH/warisaracket.pdf

    http://en.wikipedia.org/wiki/War_Is_a_Racket
    “It contains this key summary:

    “War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small ‘inside’ group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes.”

    In another often cited quote from the book Butler says:

    “I spent 33 years and four months in active military service and during that period I spent most of my time as a high class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism. I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. I helped purify Nicaragua for the International Banking House of Brown Brothers in 1902-1912. I brought light to the Dominican Republic for the American sugar interests in 1916. I helped make Honduras right for the American fruit companies in 1903. In China in 1927 I helped see to it that Standard Oil went on its way unmolested. Looking back on it, I might have given Al Capone a few hints. The best he could do was to operate his racket in three districts. I operated on three continents.”

    The book is also interesting historically as Butler points out in 1935 that the US is engaging in military war games in the Pacific that are bound to provoke the Japanese.”
    http://en.wikipedia.org/wiki/War_Is_a_Racket

  56. Marc Authier

    Financial TImes was a good newpaper. Today it’s fascist trash. Might I remind you Max that the Financial Times is violently anti-gold and anti gold standard piece of globalist neo-con trash today. It’s for sale for 500 million pounds. You have to be raving mad to pay for a newspaper that’ today is fuckin New World Order toilet paper propaganda traitor newspaper. They hate with a passion at the FT because they are scum today.

  57. Marc Authier

    When somebody today hates gold wit passion, you know you are dealing with anglo-saxon nazis New World Order. FT is a fine example of this type of publication today. The Economist too. Used to subscribe. Never again.

  58. Phil /Germany

    @Mr Grinch .. War is a racket … great link, Thx

  59. Look forward to all your shows. If only the rest of the world could tap into these very insightful shows. I pray every night that this might be so.

    Where’s pbs when you need them. The rest of the big media is all lies and misinformation.

  60. Marc Authier

    What would say Smith, RIcardo and Bastiat about these bankings bastards ? Shame on you. Personnally I am more and more convinced that the only thing to moderate the rape and pillage will be a good old firing squad. Un peloton d’exécution ferait l’affaire. UK United Kleptocrat has an overrated reputation as a country. In reality Gordon Brown is just a fuckin pirate.

  61. frances snoot

    http://findarticles.com/p/articles/mi_8010/is_20091117/ai_n42120983/?tag=content-inner;col1

    “LAWYERS for Lehman Brothers filed a lawsuit against Barclays Capital in the US court yesterday, claiming the British bank grabbed up to $10 billion (Pounds 5.9 billion) in excess assets when it bought Lehman’s brokerage business after its collapse last year. Lehman claims the fire sale was “secretly structured from the outset to give Barclays an immediate and enormous windfall profit”.”

    Evening Standard; London (UK), Nov 17, 2009

    A secret structure from the onset relays the message of some covert conspiracy involving more than ‘jihad bankers’. The idea that banks operate soley for the profit of bankers is not relevant to reality. Banks operate for the elite members of society within the context of law. The law was broken at Lehmans: by whom and why?

    “Lehman Brothers’ lawyers and board were allegedly kept in the dark about this aspect of the sale.”

    http://www.bankingtimes.co.uk/18112009-barclays-faces-lawsuit-over-lehman-brothers-gains/

    The fraud indicated through the carving of Lehman assets was not indicative of banking jihad but of some powerful play through international financial channels. Names?

    http://www.businessweek.com/investing/insights/blog/archives/2008/10/lehman_bankrupt.html

  62. Marc Authier

    JP Morgan Jamie Dimon (Daemon) headed for the slammer ?

    http://ml-implode.com/staticnews/2010-03-13_JPMorganCEODimonHeadedfortheSlammer.html

    New arrest warrants against Jamie Dimon.

  63. Max has obviously performed a Vulcan mind meld on me. He expresses thoughts in this show seemingly elaborated from my own, which have no doubt been seeded by expressions from previous shows. Such is the comparison of threat between Al-Quaida and the banksters. One of them suffering a very real effect upon our lives, the other bearing a relatively mythological effect. The unfortunate initial effect of mythology is that it effectively distracts us from reality.

    I also enjoy the distiction between speculation and predation. The simple concept of the elimination of risk begs me to consider a universal law, perhaps I’ll call it “The Second Law of Bankodynamics”, that without the component of risk, all banking and investment is inevitably, and thus inherently, predatory.

    I sometimes laugh and often cry when I hear people suggest that the money trade needs heavier regulation. As long as the Fed exists as it does, regulation is ultimately futile. The Fed operates [always has, always will] outside(above) the law. Greenspan openly preaches this publicly. The marijuana, cocaine, and heroin trades also operate outside the law and are thusly unregulatable. It’s no wonder how David McWilliams’ “Addicted to Money” makes such sense. Whether refering to money, comparing to the drug trade, or using the casino metaphor, Bernanke represents the pope of all dealers. It’s also no wonder that we can read articles in the WSJ about how drug-money laundering saved our banking system. It’s also no wonder that before Al-Quaida was seen as the CIA’s list of allied middle-eastern mercenaries helping to fight the Soviets, it was their list of poppy trade mercenaries.

  64. yo@Snoot. i left you a SDR post on the morning thread.

  65. Marc Authier

    @Ronron
    Soul music. Boy ! De circonstance. Your’e cheating Obananaobeyourmmamma.

  66. California Doctor

    @Max -
    market capitalism?

    There isn’t any such thing as market capitalism.

    It’s just socialism period.

    When government socializes debt, it is not capitalism.

    When shares are no longer owned by people, but by government agencies and funds, then it’s no longer “private”.

  67. Marc Authier

    @John Robb
    Max is a telepath ! Really believe he is. And Stacy is a Cassandra with a sense of humour. If you have to go up in flames, do it in style and laughing.

  68. California Doctor

    The more MSM talk about Lehman, the more I realize that Lehman was the dead squid producing and releasing its last drops of red ink in the transoceanic financial deluge.

    The Financial terrorists ran off like the surviving squids. But the cloud of ink from Lehman remains behind, holding the attention of the idiotic and slow.

    As the idiot ink gazers keep looking at Lehman, the criminal squids who killed their fellow squid are merrily jetting away to other islands, which they will conquer and digest.

    As the ink runs amoke, the guys doing “god’s duty” laugh and clap for more.

  69. POLICE STATE 2010: Homeland Security Unveils Mobile Mind Screening Checkpoints

    http://www.youtube.com/wa

  70. Marc Authier

    @MAX and STACY

    http://www.youtube.com/watch?v=wh9AC0jCGjY

    “Everybody knows.” pas Leonard Cohen. Unfortunalety nobody cares a damn and accepts it.

  71. Marc Authier

    http://www.youtube.com/watch?v=yG5e1oaen-M

    Everybody knows. That’s how it goes.

  72. Marc Authier

    http://www.youtube.com/watch?v=h27HRNm_r4U

    And it’s even worse with Obananaobeyourmamma.

  73. Phil /Germany

    @ronron …. good find !

    … As I think of it now, the advantages of a sudden financial flash flood are numerous. In a drawn out collapse, the Liberty Movement is given a tremendous time advantage, allowing us to double and redouble our membership while the public opinion of the Federal Reserve and the government in general would deteriorate. In a sudden breakdown, our time will be cut short, and the public will be distracted and fearful, desperate for an organized authority to offer any semblance of “order.” A slow collapse allows for the Liberty Movement to work peacefully within the system to build a third party capable of dethroning the current two party farce. A sudden collapse erases all political activity and opens the door to martial law and illegitimate government. And finally, a fast moving meltdown leaves a much stronger psychological impression; a catastrophic waking nightmare, instead of a slow grinding depression. A world government could never be brought about due to the “monotony” of a long slow economic burnout. Too many factors could present themselves in such an extended period that might interfere with the desired end result. Too many variables to calculate. In an abrupt collapse, the Globalists would need only to gage and influence the amount of fear in the populace to a sufficient boiling point then leap in with their intended solution to the problem; centralized global governance. …

    One of the first sensible articles I have read on SDRs !

  74. @P/G. ya snoot got me looking at that stuff. now i get it totally.

  75. @Marc Authier

    I was going to post this to a comment under Max’s on the edge interview of Brigitta, but after reading your description of the telepath and Cassandra, I think it belongs here instead…
    http://www.youtube.com/watch?v=YYjBQKIOb-w

  76. Ron Paul on Bloomberg 3/11/10: Giving Fed More Power `Makes No Sense’

    http://www.youtube.com/watch?v=44EOmmkx3u8

    Why ‘The Hurt Locker’ Hurts

    http://www.youtube.com/watch?v=7P38BxXmVb0&feature=sub

  77. Phil /Germany

    @dan valley … always good to hear RP talking common sense.

    The lady actually assumes the FED is needed ! … Sheesh.

  78. frances snoot

    ronron:

    Thanks. The interesting points to the link are from the videos. The first indicated that the idea is to cede to the BIS the role of global central bank/regulator. The second video indicates that the necessary liquidity will be provided by the SDR (around 3T) for the new reserve system. (I wonder if the vote will take place at the Korean G20 in November?) Unit of account (index) for the monetary authorities (G20 institutions) is already denominated in SDR. The approach to fiat sdr allocation must have relevance to the imbalance in reserve accounts.

    The man stumbled on the numbers for the allocations saying 200million/billion a year. Insane!

    Dollar liquidity to be curtailed, SDR liquidity to be enhanced. Who decided on that 3%deficit to GDP for the US by 2013. That in itself is a vote for the end of the “dollar paper standard”.

    The “liberty movement” is ignoring the IMF role in control of the US Treasury. The idea is probably to end the Fed and cede monetary control to the “Treasury”. Remember: the second vid indicated that the finance ministers (imf employees) would be an intrinsic to the new system operation.

    The patriots are complete and utter fools or worse.

    It seems there is a precise plan for our demise as a ‘nation/state’ with reallocation of wealth as a part of the general theft/looting. Unfortunately, the schematic is top/down from those elite who exercise proprietorial control over the ‘monetary authorities’.

  79. frances snoot

    @DanValley:
    Is Ron Paul completely oblivious to the G20 governing structure and the FED’s role within that system? Paul acts as though the FED is operating unilaterally: he ignores the international context to the financial system.

  80. funny enough if you google Max’s headline “Peek-A-Boo Accounting and the Crash of Financial Stocks on Wall Street”

    My forum.prisonplanet post is number one :)

  81. Bedouin Camel Jockeys!!!!
    :twisted:

  82. I see all these ol hippies growing their ponies again even if they haven’t got much hair anymore. Look at Mark Faber http://www.gmi-online.eu/marc_faber.jpg , Jesse Ventura http://newsrealblog.files.wordpress.com/2009/12/ventura2_33.jpg

    I am growing my hair also :) Can make a little pony

    Seems a new ol trend.

  83. California Doctor

    @fsnoot – Re: DR RON PAUL

    Dr. Paul is likely to be better aware of the IMF and World Bank situation than you are. Loaded comments which assume that he does not are disconnected from the reality.

    Do we not have a better opportunity to disconnect from the IMF matrix by ending the Fed?

  84. @frances snoot ….what you fail to see is that you have to get a handle on things in your own backyard….Im sure hes not oblivious to the G20 ….in fact hes addressed it many times but hes only one man and needs to take managable bites out of the establishment. This is proving a difficult enough task without attacking the international arm of the self proclaimed ruling betters.

  85. thanks cal doc…

  86. in the meantime….take the bite out of bankster crime with Han Cholo 18k Knuckles

    http://maxkeiser.ning.com/profile/DanValley?xg_source=activity

  87. frances snoot

    If Paul ends the FED, Dan, to whom will does he believe the authority to coin should proceed?

    And ignoring the international financial system while digressing about “free markets” is not helping anybody out at all: it is a contrived ignorance.

  88. The Broken Window Theory by Zork : http://www.youtube.com/watch?v=krcNIWPkNzA

  89. frances snoot

    The moves being made to “reform” the US system are all being made in an understanding that the dollar/reserve system is to be discontinued. Paul knows this. He is playing the line: he is only a politician.

    He’s a “man of cloth” serving the Federal Reserve system but with an eye on promotion within the context of the new system. The man is not stupid.

    Words, words, words: do words “make the man”? Paul says what placates.

    Buy gold, Patriots.

  90. @Youri

    Chapter 2 of Economics in One Lesson
    by Henry Hazlitt
    explains the “Broken Window” best
    http://jim.com/econ/chap02p1.html

  91. @Snoot. i thought you should know but remember what max said. the boys can get around it.

  92. @Snoot. funny what you pulled. stupid old man. hahaha. no biggy. ;-)

  93. Marc Authier

    @Dan Valled

    25% of the United Slaves of America should be bulldozed. Not just Détroit.

  94. California Doctor

    @Phil/Germany
    http://www.federalreserve.gov/releases/z1/Current/z1.pdf

    Z1 report is vital to review…
    I’ve never seen this report before.

    Can Max review this link and teach us how to read it?

    See F102…

    Jim Sinclair should be reading F.200 – GOLD and Official Foreign Currency Holdings” and F.201 “SDR Certificates and Treasury Currency”.

  95. Iranians switch to informal savings funds 13 March 2010 (The Financial Times) http://tinyurl.com/yz6pyn9

  96. frances snoot

    @CaliDoc;
    Why bother? The FED is not going to release any information to the public which is not rife with inconsistencies and imaginative play. Do you believe they are upfront and honest with we the American public?

  97. frances snoot

    @Youri:
    The Zork link was appreciated.

  98. Casper Studly

    Max says 60s coming back to campuses. Jesus, I hope so. I am so goddamn sick and tired of moronic, brainwashed, pseudo-shlibertarian, right wing idiot students running around with their stupid smirks! The campus newspaper is unreadable. I hate their fascist military styled clothes and shaved-head nazi haircuts. They don’t get the point their idols have jerked the blanket out from under them and very soon the possibility of getting educated (ie., except for autodidacts like us) will be a dead dream.. dead and gutted on the alter of “austerity” and.. oh.. you know. All that shit.

    Max and Stacy mentioned Ken Lay in Paraguay.. yeah.. everyone go buy more shares of the vid on PMF! I want to see this story. 400+ more shares required. Cmon. Chop chop.

  99. Monsanto’s Seed Patents May Trump Antitrust Claims http://www.bloomberg.com/apps/news?pid=20601109&sid=aQPm3qhHbo78

  100. @frances snoot

    Yeah tnx, posted before but it stays strong even watching it another time and Max mentioned this “broken window theory”.

  101. California Doctor

    http://www.federalreserve.gov/releases/z1/Current/z1r-5.pdf
    get a load of page 1 of 6, Table B.100 – Balance Sheet of Households and NPO(1)

    Line 49 owner’s equity in household real estate
    13.2 TRILLION in 2005
    now, 6.3 TRILLION in Q4 2009.

    Then, look at “memo: Replacement cost value of structures” -
    2005 13.2 Trillion in 2005 , then listed as 13.3 Trillion in 2009.

    HUH????

    How can the replacement value be the same and the net owners equity drop by 53% in 4 years???

    And, then CNBC wants me to watch fast money with Melissa Lee and Cramer bull-runs ???

    LOL

    And, these bastards want to bitch about MY corporate ledger sheet?

    What a load of crock!

  102. Marc Authier

    @Dan Valley

    And what about Florida ?
    And what about Nevada ?
    And what about Illinois ?
    And what about Ohia ?
    And what about Oregon ?
    And what abvout New-Jersey ?
    And what about Georgia ?
    And what about Missisipi ?

    etc……….

    A lot of places in the United Slaves of America will end up bulldozed. You pick the place. I’m not even glad and take no pleasure of seing such a fuckin mess.
    Shit ! Ronron I’m starting to be proud of being Canadian/Canadien when I think about the USA. That’s a plus with being Canadian or Québécois. No fuckin arrogance. It saved us. For the moment. Pour l’instant. Musn’t go to our heads.
    You have to feel sad for what is happening to people that don’ t even understand why all this shit is falling on their heads.

  103. California Doctor

    @FSNOOT – Laughing so hard my abdominal muscles are hurting.

  104. Marc Authier

    @Dan Valley
    Forgot the “pièce de résistance” California. So sad.

  105. frances snoot

    @Marc:
    Yeah. “God save the Queen.” Good luck on that one.

  106. California Doctor

    @marc
    quit yapping and find the State Treasury reports for California on the net.

    I need another laugher tonight.

    That Fed Balance sheet is so F@#$%& Up that I think Stacey and Max need to start a bird skit.

    That Monty Python skit with the dead Parrott needs a Fed Reserve balance ledger on the bottom of the bird cage.

    Citizen- “This bird is dead!”
    Fed Reserve Gov – “No it isn’t”
    C: Yes it is!
    Gov: No it isn’t. I just sleepin’
    C; No it isn’t … this bird is dead.
    Gov: It’s just stunned.

  107. @ Marc Authier

    still think Concrete Blondes acoustic version of Cohen’s Everybody Knows is still the best

  108. @M/A. i will stand with any Quebecois

  109. California Doctor

    Ah, M. Authier – Vous n’oubliez pas au Californie.
    Tant Pis… j’ai écrit trop vite

  110. frances snoot

    You should call us ‘Cuz’, Marc. We’z related! IN FACT: we are almost nearly about the same business.

    Authority derives from the sovereign!

    http://www.youtube.com/watch?v=fglEPJUyAGk

    Do ya’ll sing it in Francais in your neck of the woods? I know we use different words, but what the heck. It all goes into the same kitty, right?

  111. California Doctor

    @Youri -
    Sometimes you post rubbish…then all of a sudden you post some real gems….and just to rub this one in the internet a bit more…
    WHY doesn’t GOOGLE list this blog in their searches?

    Monsanto and Government Influence http://www.monsanto.com/foodinc/government_influence.asp

    SEED CASE JUDGE WAS FORMER MONSANTO ATTORNEY http://ngin.tripod.com/040102b.htm

    Former Monsanto Exec. Appointed to the Head of the F.D.A.! http://www.wearegreen.tv/2010/01/former-monsanto-exec-appointed-to-the-head-of-the-f-d-a/

    Former managing director of Monsanto India claims company faked data http://indiatoday.intoday.in/site/Story/83093/Monsanto%20%27faked%27%20data%20for%20approvals%20claims%20its%20ex-chief.html

    US opens antitrust probe of Monsanto: http://online.wsj.com/article/SB20001424052748704363504575002742582725272.html

  112. frances snoot

    @Marc:
    did you see her smile

    Ya’ll make her SMILE. So loyal! So true.

    Not like nasty ole Americans! Maybe we were lied to, while you got to KNOW why you were kept down under.

  113. most will never know the canadian french. funny how they truly love canada. :-)

  114. @ Marc Authier

    thanks for the Cohen song…as to you being glad to be Canadian…uhmmm read American History…Every time we get our buts womped on like say when Britain burned down our Capitol in 1812 we invaded y’all…when we was losing the Revolutionary war….we have tried to invade y’all three times…we get adventurous and mean when we start losing

  115. Marc Authier

    @Frances
    Hey. I am a pappist and I come from Québec France Snoot. Nobody in Québec is a Queen lover. Just a reminder.

  116. @CaliDoc

    THAT pdf is most intriguing…
    however, it is a shitload of data…
    what part of F.102 is causing you concern?
    :?:

  117. frances snoot

    Oh. Where do your taxes go, Marc? Does the queen share them with the Pope?

    I don’t think she shares the proceeds from her little venture here either.

  118. frances snoot

    If you think about it, crime relates only to the Queen’s purse. If one is enriching the purse, one is a good citizen. If one is stealing from the purse, well: that’s a capital offense right?

  119. M/A knows as well as i that no one in there right mind would live in quebec ontario winters. were nuts. ;-)

  120. Marc Authier

    @Frances Snoot

    If wasn’t for Genéral Lafayette, a frenchman, you would still be british subjects. Mind you when you read the “Creature from Jekyll Island” by Edward Griffin, you have serious doubts about the American “Revolution”. A waste of time. Poor Lafayette. Poor Jefferson. Poor Jackson. You never paid back the 48 million dollars that Louis XV lent the USA. French are real gullible people when it come to the USA. They are like China and Japan today.

  121. frances snoot

    Our legal system derives authority from the sovereign Queen E. We are ruled by corporate governance under the sovereign banks which enrich her purse. Who said we aren’t subject? We are subject to sovereign rule and to the most amazed mish/mash of lies and hodgepodge ever to occur within the context of print.

    Bloody ridiculous really.

  122. Marc Authier

    @Ronron
    Lived in Moscow two months. No difference with Montréal or Toronto in january. No big deal. And with global warming winters in Montréal are quite nice. I love global warming.

  123. frances snoot

    “The PIIGS will be back one by one to cause never-ending problems until they are forced to leave the eurozone. That will cause a eurozone breakup, probably by the end of next year.”

    Youri: that is disgusting. Why do you continue to link that man? He is an embarrassment.

  124. Marc Authier

    @Snoot
    I am a pure republican. Royalty belongs to history and the guillotine.

  125. @M/A. you know were brothers. canada still means something. i need you.

  126. @M/A,. i love snow. hahaha. ;-)

  127. frances snoot

    “Royalty belongs to history and the guillotine.”

    Royalty wrote history and still writes history.

  128. we have the only 4 seasons on the planet. @M/A true?

  129. Marc Authier

    @Ronron

    Prove it. Haha ! We invented the country. In reality Canada was and is still is one of the stangest places on Earth. It’s supposed to be boring. It’s not. The problem with English-Canadians, and most Québécois, is that we are scared of developing our own identity. It’s less the case in Québec, but it’s still a problem. Nobody knows anything about Canada and nobody cares a fuck. It’s like a nice nowhere with free healthcare and low cost university education. “The Great White Norh”‘ a no man’s land empty and only filled with Molson Canadian beer, tar sands and hydro-electric dams. Sad stereotype.

  130. Marc Authier

    @Snoot
    Royalty still belongs to the guillotine. It’s a shame that the rest of Europe didn’t adopt this fanstastic french invention for taking care of this parasitic class called royalty. The guillotine is one great invention. A little bit messy but very efficient.

  131. ‘Apartheid’ call system filters out poor Barclays clients

    A new banking phone system will identify those with low credit approvals and put them through to a call centre in India. http://www.dailymail.co.uk/news/article-1257582/Apartheid-filters-poor-clients.html

  132. @M/A. top of orford next winter. you in?

  133. frances snoot

    @Marc:
    The royalty utilizes useful idiots to fill slots in ‘revolutions’ to consolidate control through the removal of branches of the family tree. They kill each other off.

    I wonder though: it seems to me the recent ones proceed from cowbird eggs.

  134. The Dork of Cork

    @Snott
    You are full of negativity – perhaps you are justified

    But to follow your line of thought leads to only one conclusion – extreme violence

    Yet you never talk of such things – You are dishonest in your analysis

    You talk and talk and talk – if you want to talk that shit there can only be one outcome , a outcome judged on success on victory – everything else is just tosh

  135. A quarter of home owners live on ‘financial precipice’

    The recession may be officially over, but more than a quarter of home owners risk losing their homes after admitting they are still living on a “financial precipice” http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/7420732/A-quarter-of-home-owners-live-on-financial-precipice.html

  136. California Doctor

    Table F.201 SDR Certificates and Treasury Currency
    U.S. Treasury currency is the stock of currency
    for which the U.S. Treasury is the legal
    obligor. Since 1966, Treasury currency has
    comprised silver dollars and fractional coins,
    United States notes, and items in the process
    of retirement. Special drawing rights (SDRs)
    are international monetary reserves issued to
    member countries by the International Monetary
    Fund. Special drawing rights certificates
    are issued to Federal Reserve Banks by the
    Treasury when it monetizes the special drawing
    rights themselves. The first allocation of
    SDRs to the U.S. took place in 1970, and the
    first issue of SDR certificates was made the
    same year. Both Treasury currency and SDR
    certificates are among the factors supplying
    reserve funds to the banking system (shown in
    table 1.11 in the Federal Reserve Bulletin).
    Transactions in Treasury currency and in
    SDR certificates take place only between the
    Treasury and the monetary authority. The discrepancy
    item for Treasury currency—the difference
    between changes in the liability of the
    federal government for Treasury currency and
    changes in holdings of Treasury currency by
    the monetary authority—arises from seigniorage,
    the profit that the federal government
    earns from the issuance of its currency.
    Data on U.S. government liabilities are
    taken from the Monthly Treasury Statement
    and the Monthly Statement of the Public Debt;
    data on the holdings of the monetary authority
    come from the Federal Reserve Bulletin.

    http://www.federalreserve.gov/releases/z1/fofguide.pdf

  137. frances snoot

    “Sworn in on September 27, 2005, Her Excellency the Right Honourable Michaëlle Jean is the 27th governor general since Confederation. As Governor General, Her Excellency wants to create a space where, more than ever, dialogue prevails and the words of citizens are heard.”

    That’s awfully nice of her, isn’t it Marc?

    Marc: let’s face it. We still operate under the ‘sun never sets’. And the monetary system that replaced the pound sterling was rigged. And the new system is rigged.

    And the people are profoundly ignorant BY CHOICE.

    The people are loyalists. They like the prizes, the trinkets, and the glory of the corrupt-maggot ridden system riding on dead men’s bones.

  138. @Snoot. your singing to the choir.

  139. frances snoot

    @Dork:
    I’m negative?

    The pied piper is coming to town, Dorko. I’m sure you like his music better than mine.

  140. California Doctor

    Dork of Cork – Well said sir but this is now a world wide digital war.

    This war is going to be partially fought on the field of the internet with digital rounds firing from electronic devices across the digital village green.

    Here’s another volly
    http://www.federalreserve.gov/releases/z1/fofguide.pdf

    Table F.200 Gold and Official Foreign Exchange Holdings
    Monetary gold and official foreign exchange
    holdings are U.S. official international reserve
    assets; also considered official reserve assets
    and included in this category are special drawing
    rights and the net U.S. reserve position
    in the International Monetary Fund (IMF).
    Transactions in international reserve assets are
    made among official agencies of the world’s
    countries to settle international accounts.
    Monetary gold is the U.S. government gold
    stock held by the Department of the Treasury.
    It excludes gold in other, non-monetary forms
    such as ore, bullion, coins and medallions,
    jewelry, and dental supplies (exports and
    imports of gold in these forms are, however,
    included in balance of payments statistics
    for merchandise trade). Monetary gold also
    excludes gold owned by foreign official institutions
    that is stored at the Federal Reserve
    Bank of New York. At present, all U.S. monetary
    gold is ‘‘monetized’’; when gold is monetized,
    the Treasury issues a gold certificate
    equal to the value of the gold to the Federal
    Reserve System, which increases the value
    of the Treasury’s deposit account by the
    same amount. In the flow of funds accounts,
    monetized gold is an asset of the monetary
    authority—the Federal Reserve Banks and
    certain Treasury monetary accounts (these
    accounts are not included in the federal government
    sector). In the past, amounts of
    unmonetized monetary gold have been held
    by the Exchange Stabilization Fund, an entity
    within the Treasury Department.
    Official foreign exchange consists of holdings
    of foreign currencies by the Treasury
    Department and the Federal Reserve System
    that are used in connection with exchange
    market interventions, reciprocal currency
    arrangements with foreign monetary authorities,
    foreign currency transactions with the
    IMF, and borrowings of foreign currencies
    in foreign capital markets. Official foreign
    exchange excludes holdings of foreign currencies
    by federal government departments
    and agencies that are used for other types of
    transactions.
    Special drawing rights (SDRs) are accounting
    units, sometimes called ‘‘paper gold,’’ that
    were originally created by the IMF in 1969 to
    serve as international reserve assets that would
    supplement countries’ existing international
    reserves; since 1970 there have been six allocations
    of SDRs to IMF member countries in
    proportion to their IMF quotas, the latest allocation
    being made in 1981. SDRs were originally
    valued at 0.888671 gram of fine gold
    (equal to one U.S. dollar at the dollar’s par
    value at that time of $35 per troy ounce).
    From 1996 through 1998, the value was based
    on a weighted average of the exchange rates
    for the currencies of the U.S. (39 percent),
    Germany (21 percent), Japan (18 percent),
    France (11 percent), and the United Kingdom
    (11 percent); since the beginning of 1999 the
    value has been based on an average of the U.S.
    dollar (39 percent), the euro (32 percent), the
    Japanese yen (18 percent), and the U.K. pound
    sterling (11 percent).
    The U.S. net reserve position in the IMF
    is equal to the U.S. quota in the IMF minus
    IMF holdings of dollars (excluding dollar
    holdings in IMF administrative and subsidiary
    accounts) plus net U.S. loans to the IMF. The
    net reserve position represents the amount of
    foreign exchange that the U.S. may unconditionally
    draw from the IMF, up to the full
    amount of its quota. The value of the position
    is affected by IMF transactions in U.S. dollars
    with both the U.S. and foreign countries.
    In the flow of funds accounts, net U.S.
    acquisitions of monetary gold and special
    drawing rights are equal to net sales of these
    items by foreigners; in tables of outstanding
    values, they are considered U.S. assets but not
    foreign liabilities, in accordance with international
    conventions for treatment. Official holdings
    of foreign currencies and the net U.S.
    position in the IMF are considered foreign
    liabilities for both flows and outstandings.
    Data for the series are obtained from the U.S.
    international transactions tables in the Survey
    of Current Business; some are shown in the
    Federal Reserve Bulletin.

  141. Marc Authier

    @Snoot
    Je sais Madame. Ya znayou gaspaja. Amen.

    @Ronron
    No skier. Fisher. Fishing and fish is almost a genetic thing with me. Need a big Abitibi Temiscmingue lake filled with northern trout, wananiche, pike and sebast.

  142. California Doctor

    Should I print that again for the hard of READING?

    SDRs were originally valued at 0.888671 gram of fine gold
    (equal to one U.S. dollar at the dollar’s par value at that time of $35 per troy ounce).

    Gold is current in excess of $1100 per troy ounce of gold!

  143. @M/A. so we skip a spawn bag for trout. count me in.

  144. @CaliDoc

    There is a HUGE difference between F.102 and F.201

    What is your beef, again?

  145. frances snoot

    “But to follow your line of thought leads to only one conclusion – extreme violence”

    I have never indicated a violent resolution to the predicament men face. INDEED, it would seem that violence directed against the banking class is hailed as wondrous, but any words contrary to this ideal as unsubstantiated or worse.

    Defying reason is called patriotism. Delineating reason is called nonsence.

    Whom do ya’ll serve?

    We don’t have to lead to violence: the violence will be provided for us by those that see profit in human suffering and death.

  146. Cali Dr that Jessica was sumptin wow

  147. The Dork of Cork

    @snoot
    Forgive me I am drunk and conforming to sterotype – but to be honest I don’t care

    This round and round argument is becoming tiresome – you provide wise counsel yet provide no answers
    they maybe be no answers but to hell with it , I want some measure of certainity so that somebody somewhere can act and solve at least some of our problems

  148. frances snoot

    @CalDoc:
    nice link

  149. frances snoot

    What would you like me to say? That life is full of butterflies? It is, Dork. The problem is that men like putting them on pins and calling it a collection.

    Solution? Shall I say that man himself seems to be problematic? We live; we die; we are forcefed.

    I like the thought that I can spit the food out. I’m sorry you don’t like it when I do that. Would you prefer Snoot to go play in traffic?

  150. The Dork of Cork

    sure you are wise but you talk like a oracle and not a human being – how does one interpert such crptic answers.
    I am sure that ancient greek society was full of wise men but how many acted and did something
    Alexander did not sit around and ponder the sidnificance of his navel

  151. `Black Swan’ Author Taleb Concerned About Hyperinflation Amid High Debt

    Nassim Nicholas Taleb, author of “The Black Swan” about how unforeseen events can roil markets, said he is concerned about hyperinflation as governments around the world take on more debt and print money. http://www.bloomberg.com/apps/news?pid=20601068&sid=aR3nmFNR2KeM

  152. frances snoot

    As I indicated earlier, Dork, the monetary authorities have a special set of books. The money on those books is only for members. The money off those books is going to be “demonitized” by the monetary authorites. These same authorites control the governents and the armies of the industrial nations through central banks, currencies, and finance ministers.

    There is no simple solution. We have metastasis disease. The pathogenic agent is also the master. The banks are only a symptomatic indicator of the true disorder.

    El-Erian said they would “cut off the tail”. They aren’t going to do this: they are employing the usual armies of useful idiotics and treasonic thugs as well as snidely insipid spineless ooofs.

    I find it amusing and compelling. Men’s heads are rather full of yahtzee dice.

    I suppose in the end the only way to fight it to stand apart from the crime, the studity, and the greed. We are set to suffer; wonder not that we all suffer for we shall. And all for the want of conscience.

  153. Well I know enough Canadians to know that the Queen is pretty much irrelevant to Canada, more of a decoration.

    But let me ask this:
    Who will be better off in 5 – 10 years the average American that graduates now and faces housing prices that will soon be affordable or the Canadian where the oligarchs seem to have complete control of the market and is still one of about 3 remaining bubbles in the world.

    I think the American will be better off, I mean as rigged as the markets are here they are not as rigged as they are in Canada.

    Second point this new world order that everyone thinks is coming will not. Once we head into the teeth of the WW depression 2.0 people become reactionary, they move to the right become more nationalistic. Some of that is good a lot of that can be bad. But the point is trade is going to drop cooperation is going to drop. The people of the US are in no mood for more FREE TRADE.

  154. Japan Employment `Ice Age’ Returns as Student Joblessness Soars to Record

    A record proportion of Japan’s college students will be graduating this month without a job offer, a government survey showed. http://www.bloomberg.com/apps/news?pid=20601068&sid=aSj9Cvt0AZHg

  155. frances snoot

    Heh, wait a minute. Marc: maybe Quebec is destined to save us all?!

  156. frances snoot

    “Well I know enough Canadians to know that the Queen is pretty much irrelevant to Canada, more of a decoration.”

    Gordo: she cancelled parliment through her agent. The prime minister got permission to be a puppet.

  157. The Dork of Cork

    What galls me is that you are right Snoot and we are just pawns on a chess piece
    I do not have the will or ability to take it to its logical conclusion and are looking for false pacific conclusions to a equation where I know there is only one answer.
    If I and the rest of my ilk have failed the test who if any can give hope of victory

  158. frances snoot

    @Dork:
    (drum roll)

    Hello. I’m the messiah.

    What? Aren’t you a tad early. That dork didn’t mean to cue you in just yet.

    You mean ‘my time has not arrived’? Dang-nabbit!

    That’s okay. Make like a tree. You can always move around a bit when it’s time. Don’t think anybody noticed specifically, and if they did, they’ll be laughed offstage.

    Okay. How will I know when it’s “time”.

    Well, I can’t rightly reckon on that. Some say one thing, some say another. You’re gonna have to make up your own mind. You’re the messiah, ain’t ya?

    Well, of course. I’m incarnate and divine. I give answers that aren’t cryptic. And I have the backing of most of the monied agents in the world. I just don’t have much confidence.

    Well, shoot. Ya don’t need much confidence. The press is there to GIVE you confidence; you just gotta smile and say divine things that make people feel better. Here’s the script.

    Oh. THANKYOU. This is handy. I’ll study it up. Whatdya say your name was?

    I didn’t.

    Well, Didn’t. You’ve been an immense help.

    Don’t mention it! Don’t forget to utilize the right lighting! I got another set to work on over at FoxNews.

  159. @frances snoot

    she cancelled parliment through her agent. The prime minister got permission to be a puppet.

    No, Stephan Harper (little Benito Mussolini) has free will. He just does not want the multi party system to work in Canada. He would rather have the US 1 party system
    :-)

  160. frances snoot

    Oh. Well, Gordo. The strange thing is that there is this Governor Excellente hanging about pretending to have sovereign ingress over the scene. Whatzup with that?

  161. @frances snoot

    We don’t have to lead to violence: the violence will be provided for us by those that see profit in human suffering and death.

    I heard (don’t know the validity) that the Pecora commission was in part due to a banker getting slayed in Europe somewhere.

  162. frances snoot

    Interesting, Gordo!

  163. The Dork of Cork

    @Snoot
    Again you are striving to be a cynic and to take the piss – that is ok
    But what what is to be done
    Nothing but words
    The democratic society is of course nothing of the sorts , never was never will be – we are simply not made that way
    But our mindsets have been moulded to think in a certain western way
    I am slowly beginning to realise that reality is all too real.

  164. frances snoot

    @Dork:
    I’m only a snoot.

  165. frances snoot

    How’s this for an answer, Dork?

    Men will do what men will do.

  166. The Dork of Cork

    I want the glory without the blood
    impossible really
    But maybe man reached close for that dream
    The old depression era youngsters of 1930s America got close

    no bullshit Neil Armstrong did it – words are inadequate in the face of such achievement

  167. Marc Authier

    @Snoot
    And women do anything to get access to men’s bank accounts. Sorry. Mine is empty. Better luck next time.

  168. Marc Authier

    Onlys 7% left to finance “Where is Kenny Boy ?” I’ve put 50$ in this film. Want to sse it soon. What a great timing to see this film. We could do another film too. Is Ben Laden Jesus Christ. Have you noticed how Ben Laden has an eternal life ? He is like Jesus. You kill him and one year later he rises by miracle from the dead. Where is Kenny Ben Laden Boy ?

  169. WTF?!?!?!

    MAX and Stacy’s landlord is using Repo 105 to shuffle furniture around?!?!?!?!

    The world is twisted in Microeconomic Maximization/Substitution theory…

  170. Why is it I can not watch the BBC TV show The Last Days of Lehman Brothers ?
    The BBC does not even have a link to the show.

    Did any folks here get to see it ?
    What did you think of it?

    Vega Man

  171. really disappointed with our government shills. I just got kicked off the GLP website because I was telling folks to quit having these belief wars with one another and notice who is wanting you to fight between yourselves. The elites or cia or whoever really runs that website. Sad. The corrupt big boys don’t want thier plan of pushing people with different beliefs fighting each other to be known.

  172. @ Jon

    http://www.voy.com/218910/

    Exiled from one bulletin board after another, we are…
    The Outcasts

    Stop by , lots of good stuff!

    I have a different name there.

    Vega Man

  173. @Jon

    What is the GLP?

  174. California Doctor

    OKAY… Y’all…here’s my conclusion on the gold numbers.

    The US Fed Reserve is playing games with Import/Export numbers.

    When the gold in the NY Fed Res vault is reallocated from the US to the UK, it becomes an “export”.

    The “export” of gold to London, then contributes to the US GDP and UK “imports” the gold by merely telling New York to rebook as “UK gold”.

    Then,
    http://www.marketwatch.com/story/hong-kong-recalls-gold-reserves-from-london-2009-09-03

    China “recalled gold reserves from London” in September 2009.

    What if that recalled gold was not in London but instead in the New York Fed Res vault?

    Essentially, the gold from London could have been moved to Hong Kong, but if additionally the London gold in the NY Fed vault was then transferred to PRC/HK/Chinese control, it then becomes a situation where the gold is never “imported” back to the US even though it remains sitting in the same NY Fed vault.

  175. Max

    Nobody is asking the most basic question about Greece:

    If the banks collaborated with the then Greek Government to avoid regulation, regulation that was in place to protect both the EU requirements and to protect the people of Greece, then why are the current Greek Government and the Greek people on the hook for this debt? It is the banks who devised sleazy schemes and sold these schemes to corrupt officials, and it is the banks who are properly liable. Why don’t the Greek people and the current government tell them to go whistle dixie for any debt and interest over what was permitted by the regulations. This is not sovereign debt – the Greek people did not authorize it, in fact the regulations meant that the Greek people expressly forbade any indebtedness over a limit.


    Glenn

  176. LOLOLOlololol
    Just hearing ta show
    Was partyin last nite
    lololol
    Financial Foot soldiers ROFL
    Hic ;-)

  177. Marc Authier

    http://www.youtube.com/watch?v=pIQFPkH3ILI&feature=player_embedded#

    Looks promising. ECONed. Interesting book. That’s why most economic departments at universities should be closed and burned to the ground. Have you noticed how silent the economic establishment is about the crisis that was never supposed to happen ? Pseudo-science. Astrologers are more serious than economists in 2010. Economic science today is a crime against humanity. No more a human science in reality. It’s become a tool of mass torture and global opression.

  178. @maxkeiser:

    Are you ever going to talk about where the ECB intrest lies.

  179. LOL
    lololololol
    Ya just told ta world about ya landlord
    ROFL
    Hic ;-)

  180. At first I thought maxkeiser was Max Keiser , then I thought maxkeiser was a crazed Max fan using the maxkeiser handle. Now Im guessing Max is maxkeiser and posting emails he receives .

    VM

  181. @ VM
    lololol
    Hic ;-)
    Max sometimes posts E-mails sent to him

  182. @Bonn
    I just figured that out. After all this time. I guess I never gave it much thought.

  183. @ 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.

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

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

  185. 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.

  186. 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

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

  188. Marc Authier

    @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.

  189. Marc Authier

    @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.

  190. 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..

  191. Ed Miliband’s adverts banned for overstating climate change

    http://www.timesonline.co.uk/tol/news/environment/article7061162.ece

  192. Phil /Germany

    Earthquakes in abundance !

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

  193. 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.”

  194. @Phil /Germany.

    Happy pi day. 3.14…2010.

    http://spaceweather.com/

  195. @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.

  196. @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.

  197. 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…

  198. Rick McCartie

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

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

  199. 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.

  200. 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.

  201. 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. ???