Questions Thread: Regarding the Banking Raj in Ireland

Stacy Summary: Re: the banking raj, I believe the banking occupation around the world operates in a very British Raj like system where the local big men (and women) are rewarded handsomely to keep down the local peasants. So, as per @Danny’s link, NAMA chairman receives 70% pay increase while the peasant workers are forced to eat austerity. For next Thursday’s Keiser Report, we will be interviewing David McWilliams so if you have any questions for him, please put them in comments below. If we use your question, we will use your screen name unless you note otherwise.

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238 Responses to Questions Thread: Regarding the Banking Raj in Ireland

  1. Seosamh OGallunai

    Recently Green Senator Deirdre DeBurca quitted the Senate because she was not appointed to Maire Geoghegan-Quinn’s European Commission cabinet.
    Brian Cowan Lobbied heavily for her. However the post was given to Shane Sutherland. ‘
    ‘Phoenix also notes in the same article that Charlie McCreevy lobbied for Shane Sutherland (who has worked in McCreevy’s cabinet – and is the son of Peter) to be given a position.’
    According to a source i had in the Economic and Social Research Institute, now deceased, Mc Creevy was the architect of doom for Irish Economic System. He thought like an accountant and not like an economist, was arrogent taking no advice from even one of the ‘Three Wise Men’of Irish Economics. McCreevy became an European Comissioner, now on a huge pension.

    Peter Sutherland sits on the board of Goldmann.
    ‘Peter Denis Sutherland, Honorary KCMG (born 25 April 1946) is an international businessman and former Attorney General of Ireland, associated with the Fine Gael party (part of the Christian Democrat bloc). He is a barrister by profession, and is also Senior Counsel at the Irish Bar. He is also known for serving in a variety of business and political roles.’
    http://en.wikipedia.org/wiki/Peter_Sutherland
    http://www.politics.ie/green-party/123646-deidre-de-burca-may-not-quitting-after-all-no-job-her-brussels.html

  2. Seosamh OGallunai

    Ask David McWilliams why the Irish Media worship at the alter of Obama?
    Ask him to point up the sheer arrogance of Charlie MCCreevy who would not listen to his own decent ESRI advisors at the time, insisted on thinking and acting like an accountant and not a economist, and was the first engineeer of this Irish economic disaster. Where did he end up/With a big fat job and subsequent pension from the EU…

  3. Q for David

    now that Ireland Ltd. has been driven into the ground with the find a bigger eejit housing scam and the only things we actually had, fishing and farming, were sold off cheap years ago by feckless muck savages voted into positions of trust by feckless muck savages, on the promise of a free lunch. with there intended result, that Ireland Ltd. has been taken over by Europe Ltd., so now any profit made in Ireland will go straight to head office. what can be done until we get out of the BS that is the EU and every branch on every tree in St. Stephens green has a “cute hooower” swinging from it ??

    ps.
    I will make the tea and sandwiches for the lynchings, ham from flying pigs ok do you think ??

  4. Ask David Mcwilliams if any of the projects/ideas discussed at the economic summit he organised in Farmleigh house last year have been developed further, or was it all a waste of time? I like David Mcwilliams and enjoy reading his articles, so I saw the summit positively, but as I work in the cafe in Farmleigh house and I lost three days work because of it I wont be too happy if it was just a bunch of rich Irish people congratulating each other on amassing personal fortunes. Paul

    PS. I’m a student so I needed those three days

  5. David has contributed immensely to exposing the fraud perpertrated in
    Ireland and enlightening the masses to the imaginary wealth boom of Eire
    dubbed the celtic tiger. Delighted to see him on the Keiser report.

    Can you ask DMcW:
    – what does ex Anglo boss Seannie Fitzpatrick have on the high ranking
    members of Fianna Fail that keeps him out of prosecution / jail?

    – same question re what do the Golden Circle have on Fianna Fail?

    – the Irish Bank Guarantee (lenihans smoke and mirrors magic trick)
    will expire in september…obviously only a few months left to get out
    of dodge … whats davids view on this? does he know any good banks in
    europe?

    - does DMcW know that there is only a measly 5.5 tonnes of gold in the
    Irish Central Bank (see “World_Official_Gold_Holdings_Dec_2009.pdf” ),
    what will this mean for the people of Eire when the SHTF with FIAT money?

    – NAMA, the transfer of the last bit on money from the working class of
    Ireland to the elite, the biggest hijack of the peoples money in the
    history of Ireland, mother oj Jaysus, the biggest load of SH1T ever
    greated…. I could go on…

    What ever happened to Kenny’s idea of a Good Bank … that idea lasted
    all of one weekend … that was the nail in the coffin for me to prove
    that Fianna Gaels Enda Kenny is a spineless tracktor jockey and that the
    oppossion is in on the act too.

    – when will the irish economic revolution start?

    - if Ireland does manage to overthrow the government and bank oligarchy
    we should join with iceland to start Europe V2.0 “the free peoples
    republic of europe”

  6. NAMA, Anglo, Golden Circle, Irish Bank Guarantee, Seannie Fitz,

    David has contributed immensely to exposing the fraud perpertrated in Ireland and enlightening the masses to the imaginary wealth boom of Eire dubbed the celtic tiger. Delighted to see him on the Keiser report.

    Can you ask DMcW:
    – what does ex Anglo boss Seannie Fitzpatrick have on the high ranking members of Fianna Fail that keeps him out of prosecution / jail?

    – same question re what do the Golden Circle have on Fianna Fail?

    – the Irish Bank Guarantee (lenihans smoke and mirrors magic trick) will expire in september…obviously only a few months left to get out of dodge … whats davids view on this? does he know any good banks in europe?

    - does DMcW know that there is only a measly 5.5 tonnes of gold in the Irish Central Bank (see “World_Official_Gold_Holdings_Dec_2009.pdf” ), what will this mean for the people of Eire when the SHTF with FIAT money?

    – NAMA, the transfer of the last bit on money from the working class of Ireland to the elite, the biggest hijack of the peoples money in the history of Ireland, mother oj Jaysus, the biggest load of SH1T ever greated…. I could go on…

    What ever happened to Kenny’s idea of a Good Bank … that idea lasted all of one weekend … that was the nail in the coffin for me to prove that Fianna Gaels Enda Kenny is a spineless tracktor jockey and that the oppossion is in on the act too.

    – when will the irish revolution start?

  7. Whose cock is he not sucking.

  8. I’d like to know what he thinks lies at the core of the problem in Ireland, whether its corruption or stupidity that has us in this mess, is it a combination of both, and if it is corruption is he calling for convictions, shouldn’t he be.
    Does he know of anyone in Gov. (any party) that is willing to call for the repeal of NAMA would he support such a call, if not why not.
    Whats he know that we don’t.

    Perhaps you could consider having Michael O’Leary on as guest I heard him on a show recently, very entertaining, had some great views on how to sort Ireland out, he said on this show that he answers all letters wrote to him, I’m sure he’d love a go on your show, you could stick right in.

  9. Question for David McWilliams

    Ernst & Young have been implicated in the Lehman Brothers bankruptcy recently for failing to “challenge accounting gimmicks that allowed Lehman to hide some $50 billion in assets in 2008, while claiming it had reduced its overall leverage levels.”

    Ernst & Young have now been appointed to NAMA when they signed off on Anglo Irish Bank’s cooked accounts. What is going on here? Why is this being allowed to happen? Is corruption the business model of Ireland now?

    Danny, in Cork

  10. tax breaks for artists

    David

    as someone who reviles the insiders who bleed the system for all it’s worth, can you explain why you take an artists’ tax break for your book the pope’s children, claiming it is an original creative work? Sort of reeks of someone who is clued into the system using it to unfair advantage

    Unless you are saying you made at least some of it up. And plagiarising BoBos in Paradise doesn’t count for creativity

    perhaps you’d like to donate the tax break now you see the error of your ways?

  11. This one is for Bonn

    RAIKONNEN ISN’T DRIVING F1 THIS YEAR?!?!?!

    WTF?!?!?!

    Looks like this year is about Nico Rosberg and the Shoe-maker square-head
    Team Ferrari is toast

  12. @ x

    my but your sensitive, my comment was written in jest—relax dude and pass the bong sheeeze

  13. @casper

    Who knows?
    I’m just trying to delineate the possibilities…
    Otherwise it is a belligerent nitwit with little spunk to match the balls…
    Ya’seen?

  14. Casper Studly

    OMG! You don’t think Max would deploy sock to appear here incogfuckingnito? Naw. Who could believe such a thing. Max? Naw. He has way too much fun telling dweebs to fuck off right to their face.

    Me, on the other hand.. thaz a diffrent story altogehter, ja?

  15. Holy shit

    219 comments, and only a handful of questions for McWilliams?!?!?!?

    Here’s my question…
    Two Bedouin were riding in the desert and complaining about each other’s camels.
    One of them thought of a wager to test the other (since he knew his camel was pathetic)
    They would race to a nearby oasis, and whoever got there LAST would win the bet.
    The other agreed and so they sat there…
    Several hours later, a Wise Old man who understood the economic principle of MAXIMIZATION came across the two Bedouin just sitting there…
    After finding out why they were in such a position, he went over and whispered TWO WORDS into each of the Bedouins’ ears…
    immediately they jumped on the camels and took off racing…
    What were the two words he whispered in their ears?

    And if anyone knows the answer, DON’T WRITE IT HERE!!!!
    I want to see how sharp this McWilliams REALLY is…
    Thank you, and good afternoon…

    Oh and Pony Sanasonic… you are a fucking moron with your mercury poisoning bullshit re:Gold mining…
    you should learn to differentiate between artisinal miners and mining companies… If anything, CYANIDE from the heap leaching process is of greater risk to the people and environment in less conscientious operations…
    Then again, as someone else noted, your name is grey, and as such, you could very well just be Max stirring the shit with a pseudo…

  16. Conspiracy of Science – Earth is in fact growing http://www.youtube.com/watch?v=oJfBSc6e7QQ

  17. @ GGees
    Are you not capable of constructing a legitimate argument?
    Insult is not a valid form of argument.
    If you don’t like music, blow it off.

    This is the curse of this comment board: many (not all) people talking about things they know nothing about, desperately latching onto anything that they may simplistically contradict, to hit ‘enter’ on their keyboard.

  18. nazi ufo The Bell Documentry http://tinyurl.com/y9yh22j

  19. this board has become a 70s music board—too many hippies in here lol go for the bong guys

  20. @Majestic – thanks for the Video link

    yes there is too much conspiracy theories floating around here on this site, one thing is to talk objectively about it but all too often I find that the person bringing up such stuff always wants to convince other and make them believe what he believes.

    This site is about follow the money, truth about markets, finance markets and scandal, and a little jibber jabber fun.

  21. the underfundedmentalist
  22. @ elvis (& beach boys)
    The Beatles
    i want you – HQ
    http://www.youtube.com/watch?v=76lsT18bk8M

  23. UFO TECH NAZI Bell Joe Farrell Fusion Counter Rotating Plasma Vids http://tinyurl.com/yfwzddn

  24. Hi Max, Stacy, everyone.

    [1] Congrats on getting David. I’m hoping for an interesting show.

    [2] My question is HOW CAN we have a sustainable economy? (I know David has some kind of a position on this)

    Even proposed ‘resource based’ or ‘technology based’ economies (ie “The Venus Project) seem to eventually run up against limits (but then, every earth dwelling economy would (?) Not sure what I’m mulling over here – need my morning coffee!)

    [3] For those who missed my post on this last month, David’s documentary “Addicted to Money” is available on the Internet archive:
    http://www.archive.org/details/AddictedToMoney

    [4] Those who occasionally post ET/alien links here amuse me given this is really an economic blog. (I find the subject interesting though). I had heard it proposed once, that one of the reasons for so much governmental secrecy on the subject concerns that nature of alien society: That within it THEY HAVE NO MONEY!! (ie they dont use any such form of it themselves). And the damage that such an acknowledgment would do to our own realization of how our own society might be structured/restructured to eliminate want/need/poverty and of course the collapse of financial power over others that would ensure.

    No idea whether that’s true or not… but an interesting thought

    cheers and beers all :-)

  25. @Y’All
    hey look there goes ELVIS… Yo King!!!

  26. Too much Beatles, relax and slow down with some different tunes.
    Opeth – The Drapery Falls
    http://www.youtube.com/watch?v=hfslLWySZYg
    My Dying Bride – The Wreckage of My Flesh
    http://www.youtube.com/watch?v=YmjL3eoQF0k

  27. Do expect in criminal prosecutions with the Gov officials and banksters ?

  28. Beatles
    you’re going to lose that girl – HQ
    http://www.youtube.com/watch?v=gl61_3HXVQI

  29. Easy question for David McWilliams:
    ask him…

    “Why does the media treat Wall Street apologist punks like Joe Weisenthal with such gushy affection?”

  30. the underfundedmentalist

    The Beatles – Maxwell’s Silver Hammer
    http://www.youtube.com/watch?v=vdXw7SHFyXc

  31. Beatles
    i should have known better – HQ
    http://www.youtube.com/watch?v=4d7VcSXWW0o

  32. @Gordo, no reply? I may not be the guy you wanted to answer your question but it’s a classic Robber Baron maneuver. Big oil wants to build the new gas pipeline without taxes or competition so ……

  33. I will Youri and I do, thanks

  34. @Sam

    Well it’s lonely at the top. You mother should know that.

    Just keep mention the truth cause even when people don’t believe it right away it will stick and later they will remember it when they see more of it.

  35. The Dork of Cork

    @Marc

    I do not believe period – but I like the ritual
    My little primate brain recognizes these activities as comforting.
    Anyone who thinks he is a athetist should go for a walk in the wild for a few days – little pagan thoughts soon come into your mind
    We are preprogrammed towards religion as we need to control a mind that could easily unravel if exposed to the reality of mortality – therefore we come up with ritual as a barricade against the real demons in our brains

  36. “What if ya god itself and shared yer Knowledged” –Bonn
    Look at wild life
    What does a mother teach
    Do tey have a schoool
    Do tey take shots
    Do tey die of desease????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????/

  37. @Gordo, it probably has something to do with pipeline they are trying to build here in Alaska.

  38. international “Virtual Beatles” (France (frenchytouch) rhythm guitar, bass guitar, vocals, keyboards; Japan (Jun626) lead guitar; USA (mg4150) drums)

    “Paperback Writer”
    http://www.youtube.com/user/jun626?blend=1&ob=4#p/u/35/4oMECPYGYTw

    “I Feel Fine”
    http://www.youtube.com/user/jun626?blend=1&ob=4#p/u/45/5gZMXAwBVaA

  39. And i
    wont
    stop fer sure
    lolololololol
    Hic ;-)

  40. Common Bush Family has been ta biggest Drug dealers on earth
    Snr. Bush Was in Charge of Kennedy’s assinanation
    JFK was killed by Bush Jnr
    Bush Snr’s wife wats her name Babra threatened Larry king
    “I’ll Kill anyone who dishes me family”

    Sorry Maxy
    It has to start wit JFK – cause tey still alive
    9 – 11 cause tey still alive too
    Hic;-)

  41. WOW the trickle up effect worked well in 2009!

    2009 will be remembered by millions of ordinary people as the year they lost their job, their house, or the prospect of an education. For the rich, however, it was a bonanza.

    The world’s billionaires saw their wealth grow by 50 percent last year, and their ranks swell to 1,011, from 793, according to the latest Forbes list of billionaires.

    The combined net worth of these 1,011 individuals increased to $3.6 trillion, up $1.2 trillion from the year before. On average, each billionaire had his or her wealth increase by $500 million.

  42. Youri, if you’re my Karma I am doing better than I thought. I think I’m a Sarah Palin type reincarnated as a man to suffer the pain of such a horrible controlling psychopath. The only time in my life I saw my mother talk to another woman like a friend is when the two met back when she was still mayor of Wasilla. It still haunts me to this day.

    If I even mention 911 as a conspiracy people get fighting mad. I must have done something to deserve this.

  43. @ EB

    Also, is there collusion in the natural gas market to drive out the smaller competitors to be absorbed by the big boys? It makes no sense that oil is so high while natural gas is so low (relatively). I sense that there is the view that natural gas will be a bridge energy source until an alternative emerges in the future, and the big boys are lining up for this certainty…

    Interesting idea thanks

  44. I still need this question answered by any wise person including David.

    Question: Within a FIAT monetary system money is created by debt issuance. If debt is the only way money is created then the payment of interest on that debt must come from the same money debt pool. If that is the case then debt can never be paid back in full, bankruptcy and foreclosure is built into the system—-Is this assessment accurate??

  45. Ussey Punjab ta putar (I am ta Son of Punjab Soil)
    If as is now push is comming to shove
    Fuck ya Bankers FUCK GOLDMAN Sacks wtf Timmy shoul be shot
    they have shot guys on drug trafficin where 30 peeps died
    tis fuckface killed @ least 1000 peeps
    CAN SOME SANE PERSON GET IN CONTROL OF TA US BIG DICK army/airforce/naval Bull shit
    Plus ta CIA n FBI nonsense
    Hic ;-)
    Toe I’am safe

  46. Marc Authier

    @Dork

    I have a trick for the lack of beilieving problems. The symbolism is indeed beautiful. Hey sometimes me too I have problems specially when I think of all the useless suffering. Stillll ? ………………..

    http://images.google.ca/images?sourceid=navclient&oq=Hubb&hl=fr&rlz=1T4RNWN_frCA265CA265&q=hubble+images&um=1&ie=UTF-8&ei=2uibS6rnE4T78Aarn9GwDg&sa=X&oi=image_result_group&ct=title&resnum=1&ved=0CBIQsAQwAA

    This and looking at a forest or my grandma’s garden. Did you know that the word “paradise” means in pharsi (persian language) garden ? The miracle Dork is this universe and life. I cannot stop believing. It’s too beautiful. It become ugly when we focus on some things that pull you down. I pitty the materialists.

  47. @x

    Thanks for posting the Gordon Lightfoot song a couple of days ago. I sat and listened and watched for an hour on youtube. Then I ordered CDs of the old albums that I had years ago of his work. It brought back great memories, he was such a spectacular lyricist and a voice that was a part the power of his words.

    And thanks for the beatles. I saw them live when I was 16 at Red Rocks Amphitheater in Colorado. Was seven rows from the front. Waited all day to get in. Kids had traveled from the four states surrounding Colorado and slept in sleeping bags and in cars overnight A very innocent time then. Makes me sad for what has been lost.

  48. City of London aided Lehman Brothers fraud (12Mar10) Vid http://www.youtube.com/watch?v=zATiVxAqQTE

  49. Stacey is a Pisces? Is Max a Cancer?

  50. the underfundedmentalist

    The Beatles – Helter Skelter
    http://www.youtube.com/watch?v=fnbofdUMYkY

  51. The idea of older unemployment executives helping out start ups is a positive one, –@ MAX why not incorporate this into your website, start ups describe their business model and former execs get in touch with them to enable the start ups to select one or two to help, even if the help is on-line. This could help start ups world wide

  52. Truth about Halliburton and Dick Cheney http://www.youtube.com/watch?v=UbDfYzq_HaQ

  53. The Dork of Cork

    @Sam

    I need I need Gold give me Gold
    They will never take my freedom once I have my precious
    But I want more more
    Krugerrands ,Maples , Eagles , Philharmonics, Buffalos
    Must get more
    I want it all and I want it now.

  54. @Stacy…belated Happy Birthday. I noticed in a previous Jibber Jabber that you are getting younger each year (or each hour as the comments seemed to imply).

    Here’s an interesting question for your guest: What are his views on Ron Paul’s recent comments on Watergate and Federal Reserve cash, and also the plane loads of money that were flown to Iraq in crates (250000 100 dollar notes, among others); I understand that Saddam had several million of these freshly minted 100′s in his possession in the hole when he was captured…what is the truth behind these claims?

    Also, is there collusion in the natural gas market to drive out the smaller competitors to be absorbed by the big boys? It makes no sense that oil is so high while natural gas is so low (relatively). I sense that there is the view that natural gas will be a bridge energy source until an alternative emerges in the future, and the big boys are lining up for this certainty…

  55. 9/11 Truth: Dick Cheney In Direct Command of NORAD on 9/11 http://www.youtube.com/watch?v=nhcagMFkrvg

  56. 9/11 Truth: Dick Cheney In Direct Command of NORAD on 9/11http://www.youtube.com/watch?v=nhcagMFkrvg

  57. P.S. During 911 Dick Cheney took direct command over NORAD. TRhius is the first time in American history that a Vice-President does this.

    9/11 Truth: Dick Cheney In Direct Command of NORAD on 9/11http://www.youtube.com/watch?v=nhcagMFkrvg

  58. the underfundedmentalist

    @x
    sorry if you posted this one already
    Help-Beatles song+lyrics
    http://www.youtube.com/watch?v=fNcShXs_CMM

  59. Georgia/U.S./Israel Attack Russia on 08/08/08

    (888 is Cheney’s idea cause he’s a satanist) Cheney comes from a group called in the White hose “The Crazies” or “The Madman from the basement” cause the made a plan in the basement of the White House to blow up a plane whit American students to blame it on some country.)

    911 “the Inside Job” was carried out.

    THE GEORGIA FILES FINAL COMPACT Achronologic: http://tinyurl.com/lnd5nx

  60. Bonn, you are awesome. Dork, what are you talking about? Do you need someone to love you?

  61. @ Dorky ta koky
    me an thorough bred ATHIEST Hic

  62. Tey missed ta largest Land mass
    ROFL

  63. The Dork of Cork

    @Marc

    this website is a church of finiancial prudence with a crowded congregation of true belivers.
    I like going to church , I like the ritual – being Catohlic the bread and wine is turned into the body and blood of Christ
    Do I believe no, but a comminity needs to believe for sometimes belief is all that is left.

  64. Oh no Bonn some went into ta oceans
    What Cock and Bull
    I aint stupid

  65. And I still to get an answere from anyone why Metorites are so selectective while tey land
    tey clearly miss most of Afrika
    Hic ;-)

  66. HOAX NEWS: Russia attacks Georgia, Saakashvili killed Rt Vid http://www.youtube.com/watch?v=eWkCTMBACo0

  67. wat a life we all lived
    before ta Evolution of f@#kin free Energy
    Hic ;-)

    Do a Thesis on Free Energy
    and its complications
    nobody tinks outta Box
    Maybe Youri
    lololololol
    Hic ;-)
    Ooooo Free Energy Bonn we gotta lock ya up ya a physicopath
    Snoot can’t Explain Baalbek Ruins an Why she was’nt taught tat @ school in History
    No no Bonn dont question Education
    tey dont teach ya sh!t about Credit cards
    Bonn keep quite
    Plz
    Hic ;-)
    @ Snoot tis is an open challenge
    Explain Baalbek Ruins
    Explain ta me how tey used Elephants
    Hic ;-)

  68. Me poker sh!t aint werkin
    http://www.youtube.com/watch?v=Gyj01YnOQOE
    Whitesnake – Soldier Of Fortune (unplugged
    Hic ;-)

  69. Marc Authier

    @Dork

    In reality he is God’s envoy sent down here to combat the forces of evil, Lloyd Blankfien, the false light carrier, Lucifer. He’s the liberal vesion of the reincarnation of Ludwig Von Mises. Von Mises had very similar comments about the perversity of banksters and the war mongers. In latin Lucifer means “the one who carries the light”.

  70. Murder Mossad-style: Spy expert on Dubai cloak-and-dagger story http://www.youtube.com/watch?v=FqlSGdT6UgM

  71. I love coming to this site because it is full of great conspiracy theories and ideas for conspiracy theories. To figure out who we are and what is going on I think it is necessary to think outside the box. I haven’t spent a lot of time in comments but don’t remember so many horrible personal insults. I really look forward to more of that crazy talk as my friends call it if there aren’t any new developments in the news.

    I never thought anyone would make me think I was part alien and part big-foot. That is so awesome. It gets boring up here in Alaska sometimes.

  72. @ x – Can’t let you leave out Blackbird!!!

  73. ask the laddie to speak slowly please

    There are over 36M Americans of Irish ancestry in the US – why aren’t they all up in arms yet?

    Where’s the best place to live in Ireland?

  74. McWilliams on his site extols some example of redundant, Argentinian “middle managers” working for free, in order to contribute their ideas to their country – meanwhile McW – a couple of clicks on – is selling his of bright ideas DVD for 40 dollars. So far, I am not impressed with this guy.

  75. Why name yerself “Free Masons ????????”
    huh
    Hic ;-)

  76. Tey were Slaves
    Who over thru Kings/Gods
    named temselves “Free Masons”
    Tey formed a Secret Society (Well Many)
    Tey want to Rule ta world
    Tey a bunch of bumbling idiots
    Stop going Ga Ga over Princes Di’s wedding
    Tey Killed her
    Tey a Lunatic phycopatic idiots
    Hic ;-)

  77. Re . McWilliams – the onus, according to this guy’s writings on his website, should be on the tax-payer to finance the private sector’s (temporary) employees’ “training” costs? Workers to accept further reduced starting salaries? Who does this guy profess to support, sorry? Certainly he is not on the side of the proletariat.

  78. Phil /Germany

    Catherine Austin Fitts … retelling one of her amazing stories about Mortgage Fraud etc. during her time as Houseing Secretary ….. MUST listen

    http://www.youtube.com/watch?v=Xc-ugPUBolM

    ( She mentioned the story in 2008 at IRTA )

  79. She ta Shadow behind ta shadow
    Wat makes ya tink Prince Kiddo wearin a Natzi Symbol on his arm was a bad Joke ????? Or was it sometin else
    Hic ;-)

  80. Ya Caucasians gotta take a rain Check on yer leaders
    Both west I gues USA and East Russia
    ya ta bitches of her Majesty if ya did’nt know it
    Queen Elezibith
    I do hope ya know she ta one in control ??????????
    Hic ;-)

  81. 170 dead peeps over JFK investigation
    3000 plus 1 mill brown coloured skinned peeps over an Inside Job

  82. All ta werk has been done by a lotta dead peeps
    IMO
    hic ;-)

  83. Awwe Youri Ya made me have a tear drop
    on ta George Carlin stuff
    But I am bycotting Jon Stewart fer ta fact tat he don’t push enough
    Wats he frightened about now
    He should Go ahead full steam
    Hic ;-)

  84. On second thought about the government and corporate hierchy.

    The rich government corporate and corporate people all tend to have one quality. They are all “parinoid.”

    I don’t know if thier parinoia comes from their job having to keep the masses underfoot or if these people were born parinoid which helped gain them their positions in the heirchy of corporate and govenrment buisness.

  85. The Dork of Cork

    Hunt bankers now that is a meme that could catch on

    Let them loose in lets say the Wicklow mountains and give them a sporting chance of a hour or so .
    Then on to our horses and let loose the hounds
    It would hark back to the Glory days of the Irish RM and we would not have the hassle of all those animal rights people.

    “I Say Tally ho I believe I spotted a plump AIB executive lurking in the ditch
    Release the hounds”

  86. Phil /Germany

    Catherine Austin-Fitts talking to Geirge Noory :

    George Noory Financial outlook January 18th, 2010 3 hr 1

    http://www.youtube.com/watch?v=D6CCAu-t6Zg

  87. The Dork of Cork

    @White Hunter

    Language spreads and multiplies through ideas or memes – we the only animal capable of complex symbolic thought (With the exception of bankers) are its agents of dispersal

  88. there definetly is a heirchy to the financial system.

    I’ve known very rich government people and they tend to not think too highly of the peasants as they pretty much call them.

  89. Damn, I must be doing something wrong… lets try it again without moderation this time.

    Re: Question for David McWilliams

    I must admit I’ve never heard of him before but anyway, my question would be:

    Why don’t the politicians extract pounds of flesh from bank shareholders before writing checks or taking over? Why not force banks to write down losses and issue warrants to the government? Hold the banks responsible and make the government the owner? At least then the taxpayer could benefit from asset sales and if the bank recoup benefit from selling shares. What benefits do the taxpayer get from buying “bad assets”.

    Or; When do we reach the level where it becomes acceptable to hunt bankers? oh well . . .

    #
    A side note; the largest commercial television station TV2 (Norway) had to save 150 Million Kroner last year which led to 130 jobs being removed, this week the TV2 owners decided to cash in 140 Million… I can only imagine the anger previous workers must feel when hearing that.

  90. white hunter

    burroughs again:

    “Language is a virus from outer space.”

  91. Re: Question for David McWilliams

    I must admit I’ve never heard of him before but anyway, my question would be:

    Why don’t the politicians extract pounds of flesh from bank shareholders before writing checks or taking over? Why not force banks to write down losses and issue warrants to the government? Hold the banks responsible and make the government the owner? At least then the taxpayer could benefit from asset sales and if the bank recoup benefit from selling shares. What benefits do the taxpayer get from buying “bad assets”.

    Or; When do we reach the level where it becomes acceptable to hunt bankers? oh well . . .

    #
    A side note; the largest commercial television station TV2 (Norway) had to save 150 Million Kroner last year which led to 130 jobs being removed, this week the TV2 owners decided to cash in 140 Million… I can only imagine the anger previous workers must feel when hearing that.

  92. The Dork of Cork

    It is strange that the FED as at least some token democratic oversight and yet Trichet is a pure supranational monetary hero .
    During press conferences he even refuses to answer some rudimentary questions posed by subservient journalists.
    We criticize Americans for their subservience to the all seeing FED yet fail to recognize we are even more of a vassal
    population

  93. @max/stacy:

    Some commentary on where ECB interest goes would be good.

    oink.

  94. The Dork of Cork

    “There is truth and then there is a agenda”
    Dork of Cork

  95. @sunny
    must say I bought the tee shirt ages ago, and the bag…. the cycle bag comes everywhere with me…. I’m happy to spread the word for maxkeiser.com… plus it makes me feel really cool too… BARGAIN

  96. The Dork of Cork

    @white Hunter
    Yes propaganda is much more effective when it is spoken through the lips of a true believer
    Also the fact that most of it is true helps a lot.

  97. @Y’all
    ideally I would like to be able to fit all my wordly possessions in a maxkeiser.com ‘RISE UP’ cycle bag!!!

  98. all will be revealed in subsequent chapters of “Buy Love, Sell Fear”

    . . . the action starts to heat up in Chapter 3

  99. white hunter

    “an unconscious agent is an effective agent”-william s burroughs

  100. The Dork of Cork

    Maybe you are the real power behind the charismatic leader – not unlike the woman behind” The Ghost” by that Harris bloke.
    Although I would hate to compare you to the Blairs – they were so unprofessional

  101. Phil /Germany

    @TDoC … There is a possibility that Max is a agent employed by a branch of the European banking elite to bring down what is left of the New York banking

    Ha … I seem to remember stating the same ( but more diplomatic ) question…. and since then, Max has “never” answered any of my questions directed to him ( not “at” him BTW ) !
    ;-)

  102. @Dork – Totally! Time to head back to Frankfurt for my new assignment.

  103. The Dork of Cork

    @Stacey

    Are you busted ?

  104. Phil /Germany

    @chArles @ Sony Panasonic

    Well done … it was time !

  105. @stacyherbert

    Yeah, definitely should do that.

    You guys are so much into this crises over the years now that this should produce a book anyways.

  106. I would maintain all of language is metapor (no this isn’t a novel thought…Nietz breathed the most life into this concept but it has been around since the Pre-Socratics)

    and metaphor is the only means to come to understanding outside of direct experience of truth…and as the old Testement boy Job recognized and the austrian fellow Weitegstien…there are some things which we must remain silient on

  107. The Dork of Cork

    @Max and Stacey

    I hope I am wrong here but my conspiratorial mind is working overtime time (it is small so it has to make up the hours)
    There is a possibility that Max is a agent employed by a branch of the European banking elite to bring down what is left of the New York banking establishment – I will not shed any tears for its loss.
    Double agents or supergrasses were a common phenomena of Irish History and are thee most effective of agents especially if they can move public opinion in a subtle way
    Please prove me wrong by going after the ECBs high priests with the venom you reserve for those bozos in New York

  108. @s.herbert
    ouch!!!

  109. “American People are more stupid than you give them credit fore”

    Jerry Seinfeld remembers George Carlin (Part 1) http://www.youtube.com/watch?v=z9iW4TwzaHQ

    Jerry Seinfeld remembers George Carlin (Part 2) http://www.youtube.com/watch?v=YDnDvMH5hbg

  110. @Youri – good idea; I would love to see Max write such a book; perhaps I ought to co-write it . . . so we can get it done!

  111. Peter chiff on Goldseek Radio Mar 13, 2010 http://www.youtube.com/watch?v=CQ3ftchigJ8

    Moving back in with your Parents http://www.youtube.com/watch?v=MLKxpkozFmQ

  112. @Y’All
    Peter Gabriel – A Wonderful Day In A One Way World.
    http://www.youtube.com/watch?v=gPnK-TQUOG8

    http://tinyurl.com/ydf3cpu (mp3)

    Saturday is shopping day
    I drive my car but there’s no place to park it
    no respect for superman in supermarket
    I guess there must be trouble but I not been alerted
    Looking round the store it was all deserted and I’m
    Stranded here with my empty basket
    So full of question got nowhere to ask it

    By the one way out
    strange voice shout
    “Don’t let that good man out!”

    “Have a wonderful day in our one-way world
    one way, one day
    Have a wonderful day in our one-way world
    one way, one day
    one-way man
    one-way mind
    get along with mankind”

    Oh, there’s an old man on the floor, so I summon my charm
    I say “Hey Scumbag, has there been an alarm?”
    He said “Yeh, ‘been selling off eternal youth
    They all got afraid ‘cos I’m the living proof
    My name is Einstein do you know time is a curve?”
    I said “Stop old man! you got a nerve
    ‘cos there’s only one rule that I observe
    Time is money and money I serve”

    By the one way out
    strange voice shout
    “Don’t let that good man out”

    “Have a wonderful day in our one-way world
    one way, one day
    Have a wonderful day in our one way world
    one way, one day
    one-day man
    one-day mind
    get along with mankind”

  113. frances snoot

    @maxkeiser.com

    “With each new word invented, the possibility of perfection became more abstract, more unknowable. Eden appeared further and further in the rear view mirror until it vanished”

    The problematic with the story line is that the ‘invention of words’ is the factor that separates man from knowing truth. How then can a story (any story including the angel’s), fabricated by words, delineate any understanding. The words themselves are truant: they cannot be trusted (under that scenerio). So the story negates the story’s affirmation.

    The angel is a little-longwinded and needs some personality markers. Why not humour? And I think he or she (being androgynous) should get the message across in a series of communications not based on words. Why not have nature or circumstance speak? More metaphor, less preaching: but all-in-all the narrative is superior.

    Playing with the idea of time and linear narrative might be an interesting inclusion. Assume intelligence on the part of your readers and you will attract and intelligent audience.

  114. @stacyherbert

    Stiil think Max should write a book about all the Wall Street tricks “Peek-A-Boo Accounting and the Crash of Financial Stocks on Wall Street”, “Look Back Trading etc….

    Think that Max’s answer on that, that it would increase fraud is faulty. You don’t increase fraud by exposing it, on the contrary you remove their tools from their hands by exposing it.

    Or you co-write it whit Max.

  115. The Dork of Cork

    @ JAYDnis

    Most of the interest paid on FRN notes goes back to the treasury and a small fraction is kept (10% I think)
    The main problem I have is that the FED may inform the private banks of the price of expected money in the future and also the quantity of money – they can then make investment decisions on this inside info.

    @Max Stacey
    My question to Max and Stacey is – could you do a programme on the ECBs function as it is harder to get information about what it does with its interest and is even more obscure in its runnings
    This constant gaze on the FED and the BoE is fun but the ECBs role and power is sadly neglected on your programmes.

  116. Why do we never hear about the derivative exposure of JP Morgan Chase? According the the latest derivatives report from the Comptroller of the Currency http://www.occ.treas.gov/deriv/deriv.htm, JPM has by far the most exposure to derivative ($79 trillion notional value). Scroll down to Table 1 & you’ll see that JPM has double the exposure that either Citibank or Bank of America has, Can JPM always on the right side of the trade? Even so, are we sure that the counter parties will be good for it in the next crisis? And how about Goldman Sachs? $40 trillion of toxic waste against only $114 million of assets!

  117. My Question: Have you studied the Greenback dollars issued by President Lincoln during the American Civil War?

    It was a debt free money. The Federal Reserve requires us to exchange a debt for money they have created out of nothing . The burden of these phony debts is crushing us. This need not be.

    You do not need to use my name.

  118. Chimpanzee problem solving by cooperation http://www.wimp.com/chimpanzeecooperation/

  119. @chArles – well put; criticism is welcome, debate is welcome; there are loads of more appropriate places online for anonymous and childish insults that contribute nothing

  120. The Dork of Cork

    @Max

    Your Puritan roots are showing – why can’t you accept the divine doctrine of faith as interpreted by the high Priests of Finance.
    Reading the good book and coming up with your own conclusions is DANGEROUS

  121. @ Sony Panasonic

    you fashion yourself as a modern day Diogenes….well as an individual who has styled himself more in that philospher’s tradition I can tell you….you ain’t a cynic… boy

    Diogenes’s never insulted those he was critical of…he was a grown up…one may argue against any position with vigor…but to engage in ad hominens is the province of lesser minds

    Grow up little boy

  122. Dock strike threatens Finnish recovery 10 March 2010 (the Financial Times) http://tinyurl.com/yd59uaf

  123. the next part of chapter 2 of “Buy Love, Sell Fear” my novel

    ————————————————————————-

    Jack started channeling Butter Candy, ‘Myths and legends are meant to defeat words – to defeat fear, to go back to before the apple: pre-apple. Red, round, edible object Eve uttered and it passed immediately from Eve to Adam and with it, abstraction. The word ‘apple’ had trekked the distance of two minds and established the idea that minds could have a distance apart. ‘Personality’ and ‘individuality’ were created and destroyed Eden. God didn’t expel Adam and Eve from Eden. They walked out on their own holding a dictionary. With each new word invented, the possibility of perfection became more abstract, more unknowable. Eden appeared further and further in the rear view mirror until it vanished.’

    Chris jumped in, still channeling the angel; ‘The dictionary was invented so that people could more precisely verbalize how little they knew. The word faith, was a problem because faith inspired silence. But if faith could be commoditized and traded and turned into fear there would be no end to words and the collateralized guarantees that came with them and the fractional truth bankers would make money. But the new faith based viral currency could be used to take hopeful positions outright or to hedge exposure to fear, or to outright speculate on fear’s collapse. Fear could then be sold off into bankruptcy like a naked short selling raid on some illiquid over the counter stock. If the angel’s virus could convert all the world’s pent up, unused faith into a fully convertible faith currency that could be traded effortlessly, freely, and frictionlessly – virtually – between human minds, then fear would have trouble continuing as a viable business model into the 21st century. Faith dollars could finance a return to a mute paradise: Eden 2.0.

    Jack picked up the channeling; ‘Look at the lilies in the field, they neither spin nor toil.’ Of course not, they were exchanging faith dollars amongst themselves over the invisible network of faith that transpires between all things living and not.’

    ‘Religions are going to have to go belly up too, the angel said through Chris. ‘Religion had tried to give faith a boost, but its existence only weakened faith by introducing more equivocation. Religion poisonously diluted faith with a never ending embarrassment of encouragement. Truth doesn’t need encouragement. It just is. In America, where the religion was capitalism; fear and the Vatican, a virulent religious variant, developed a huge following spawning a popular version of fear and religion spectacle called sports. Vanquish, kill, crush, annihilate, destroy – were all common words heard at sporting events to promote fear.

    Faith had no such language to instantly gratify the faith-inclined to sell itself. Nobody wanted to be caught dead using words like renounce, surrender, forsake. Supplicants would never be paid like place kickers. Faith had no winning formula for this lifetime. Faith promised a better afterlife, a concept very difficult to get excited about in the here and now.

    Compare these two phrases; ‘run for you life,’ and ‘pray for you life.’ ‘Run for your life’ produces an immediate visceral call to action that every self-interested, self-preservation minded person can instantly relate to and act upon. If you give that person a ball, they will run for the goal line as fast as they can – thinking they are outrunning their fears. ‘Pray for your life’ on the other hand sounds like something you can take your time with; wait until next Sunday to worry about, that’s if you get around to it.

    Butter Candy was trying to change this equation with faith dollars that would instantly fulfill the promise faith had mortgaged for the afterlife into this life. Futures have got to go backwards; S&P futues, pork belly futures, Forex futures would click backwards if faith dollars were easy to get at right now. And if they were perceived to have immediate value as a neutralizer of fear then the result would be instant Karma. People would run as hard as they could toward faith dollar accumulation as fear simultaneously ran backwards in a psychic limning Contango.

    9:30:00025 AM – 145th St. and Broadway (Continued:)

    The anti-anti meteor bit that came in through the kitchen window; the angel’s ‘faith virus’ germ was kicking and screaming inside Jack’s lobe womb. Jack’s Fear Quotient had been hovering around frantic for months. He had been trying to live solely on attitude to avoid getting a real job. Now he was panicking.

    If you are wondering about God’s role – in all this anti-anti bit – he’s drinking heavily with the narrator in a bar on Fulton Street. The possibility of fear being destroyed one day by some kind of nuclear faith ideological love fission language bomb that would alter time and currency had been contemplated by God, but he hadn’t taken the idea to heart. He was proud of His creation even with its obviuos flaws. But that’s what angels are for, He said to Himself. Women lifting cars to save babies. Infusing Jack with faith currency viruses was angels work, not His.

    Besides, God’s fear, if you could call it that, was that a world without fear would mean He would have to work overtime fulfilling dreams and answering prayers. So, He was a bit conflicted about getting rid of fear altogether. For fun He would sometimes seed people’s minds with His angst and they created Art and that seemed to appease the fear nannies. And what about the clouds? Weren’t they cool?

    Many Big Bangs and cosmic calendars and such. Subsequent species appreciated Him more. He programmed that into their DNA – not wanting to make the same mistake twice. Why bother with those ingrates on Earth He asked Himself.
    The angel and God had been around since the beginning of time. He had gone on to create many more universes in other parts of the multi-verse. He hated entropy. It made Him look cheap and the bit of anti-anti piercing Jack’s scull smacked of entropy. And the bit with the narrator at the begining of this story seemed contrived to God. But the angel heard it all before. She knew faith vs. fear battle was going to be tough with or without God’s help.

    Fear had been the undisputed heavyweight champ for eons. It would not go quietly away without inflicting a Nebbakenezzer of pain on whomever tried to mess with it.

  124. German shipowners face perfect storm 8 March 2010 (The Financial Times) http://tinyurl.com/yee7cbo

  125. FedEx warns on US recovery 12 March 2010 (The Financial Times) http://tinyurl.com/yhvjgbk

  126. Threat of national rail strike grows 12 March 2010 (The Financial Times) http://tinyurl.com/ydsv6r9

  127. The Dork of Cork

    @Mother Earth

    Sure they were all at it – the report seems to single out lehmans.
    But even if you believe that Lehman was the only one doing repos – the auditors knew this shit was going on (systematic) also a bank such as JPM which gave Lehman temporary cash must have known as they were part of the swap.

    When / if people realise that wall street is a stinking fetid swamp then we will get a collapse in the currency yet people still have confidence in the currency – amazing
    The FT wants to contain this of course – but listen to the reported comments on the front page – it does not pull too many punches

    “Give bankers of any ilk an inch and they take a mile” said Simon Maughan analyst at MF Global London “Lehman might have taken a couple of miles”

    A morally superior wall street executive – my words ” I almost threw up when I read the report. it makes me sick of this industry”
    I guess our money is safe with that guy……….

  128. @Stacy
    Also hate it when someone tinks tey know everytin
    Was keeping quite fer sometime
    Well of ta da bar its Saturday Night
    lolollolol
    Me Computer Sc. Engg. Back Ground came to some good use at last
    ROFL
    Hic ;-)

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

  130. Lehman file rocks Wall Street 13 March 2010 (The Financial Times) – Scroll up for More http://tinyurl.com/yljyd4o

  131. ‘Repo 105’ accounting in focus – Ernst and Young Is in Trouble as Well 12 March 2010 (The Financial Times) Scroll Up for More http://tinyurl.com/yzjh2py

  132. The FT is making sure we don’t think anybody else did the same thing as Lehman Bross.. noooo..

  133. The Dork of Cork

    The FT today is full of the Lehman scandel – will there be any consequences to these events
    They may have to sacrifice some of their banking brothers if this gets legs in the popular press – but will it get legs ?

  134. dumb? why are sony and stacy’s names grey and everyone else black?

  135. Scrabbling Around in a Repo 105 Haze? 12 March 2010 (Financial Crookery) – Scroll up for More http://tinyurl.com/yh9pspa

  136. Do I understand it correctly that a Chinese bailout would simply mean an opportunity to depreciate the Yuan.

  137. NYPost:
    ‘It’s a fine line between the gulag and a monastic life.
    The Republic of Georgia is mulling offering criminals the option of going to prison or joining a monastery.
    Only a select few will get the choice, though the idea was hatched to help ease prison overcrowding.’
    http://www.nypost.com/p/news/weird_but_true
    /weird_but_true_fTdtqx9ZU5eUk1fjMEI6UK

  138. Report escalates Lehman ineptitude to new level 12 March 2010 (Reuters) – Scroll up for More http://tinyurl.com/yk7o7xo

  139. Hope I was’nt 2 Gross
    lolololol
    Watchin
    http://video.google.com/videoplay?docid=7457650579849429062#
    Right now another documentry on JFK
    Hic ;-)

  140. @ SG – Stat. from a magazine I picked up the other day @ the dr’s: “There has been a 43% decrease in normal, uncomplicated U.S. hospital births in the last decade, compared with an 85% increase in C-sections.”

    Hmmmm.

  141. The Dork of Cork

    @Mother Earth

    Sounds good – but I am not sure that you could finance large capital projects that are multi – generational in character
    There simply would not be enough money in the system and even if there was the money supply would crash and cause a depression
    A depression caused by a project developed to create wealth for the future – we would no longer accept the concept of development.

  142. @ Stacy
    lolololol
    Hic ;-) tat was a ting tat just popped into me head
    ROFL

  143. @bonn – tampons?

    @namarama @bondibhoy @rian orr – good questions

  144. China May Face ‘Massive’ Bank Bailouts After Stimulus Program http://www.bloomberg.com/apps/news?pid=20601080&sid=aIylss..voRM

  145. Meaning uploads are done Remotely
    But the sErvers handle us
    Dimwit
    Hic ;-)
    Hey Scotty (my invisible Broker)
    Lets start a site with a 400 $ laptop and some Tampons
    ROFL
    Hic ;-)

  146. Dubai World Creditors Want More Loss Protection, Bayan Reports 12 March 2010 (Bloomberg) – Scroll up for More http://tinyurl.com/yccppcs

  147. The Dork of Cork

    @Rian Orr
    The current Lehman report seems to centre on a swap scandal – it just seems a more complicated version of the Anglo – TSB deposit swap.
    The great advantage the Irish people have over the Americans is the fact that Irish Bankers are a much simpler creature and therefore their antics are much easier to understand – the deliberate complicated structure of the wall street bank transactions has the average Joe bamboozled

  148. @ Sony Panasonic it costs $$$$$$$$$4 to run a site like tis
    Why should Max use his own personal Wealth to fund a site like this ?????
    Do you know how much a freakin Server Costs ????
    Running costs
    WTF u think this site werks from a laptop ??
    Well tis one does i tink
    But even renting a server is not fer free ya dummass
    And max has never ever said go buy my T-shirts online to my knowledge
    So ya dont like it here bugger of
    ya dimwhit where do u think the steel fer yer railways comes from
    Not every Tom Dick & harry wants to crap in a Forrest and cover it up with mud
    We appriciate yer lifestyle don’t try and Impose it here mate or you’ll
    Just get ignored
    lololololol
    Hic ;-)

  149. @TDOC

    We can do without fractional banking. We simply need to open up the market to more kinds of money. Whatever you want to do can be financed if you are allowed to emit ‘shares’ that function as money in the market. Then you need noone that can lie about having something that is not theirs (which we call fractional banking). Farctional banking is so crazy decietfull it is unbelievable really. wwww.bartershares.com I just don’t have the time to develop the site..

    Anyone wants to invest in land in France by the way?

  150. DorkofCork@
    A poet speaks simply:
    We produce a bunch of shit we don’t fucking need and now we’ve got to many dam people who were born to produce a bunch of crap like barbie dolls

  151. Dubai World Seeks to Separate ‘Good’ Firms From ‘Bad’ 12 March 2010 (Bloomberg) – Scroll up for More http://tinyurl.com/yfr84uu

  152. Question for McWilliams

    When the bank crisis hit, the sensible thing would have been to ditch Anglo irish and nationalise AIB and Bank of Ireland. What does he think went on in the backgound that made the government prop up such a dodgy house of cards.
    (other than the fact that Anglo was a property developers bank and Fianna Fail Gov are a property developers party) Were all banks tied together with crazy swaps.

  153. The Dork of Cork

    @Sony Panosonic
    Are you trying to impose your lifestyle on others ?
    or are you working for the banks – there is a lot of internet bloggers whose sole purpose it seems is to reduce the quality of discussion on sites such as this.

  154. “Well to some extent I would still support a fractional reserve system with very low leverage as deficit spending for the future is not all that bad once the investments increase the productive output of a economy – the rise of monetarism seemed to supercharge consumption by reducing the fundamental capital of a system – a road to nowhere really”

    Brainwashed with language Dork of Cork

  155. Are you slaves to scared to be honest.Max keiser will rip you off with his mugs and t-shirts and your crapping on about banks.Look at all the bullshit advertised on this site

  156. The Dork of Cork

    @ Mother Earth
    Well to some extent I would still support a fractional reserve system with very low leverage as deficit spending for the future is not all that bad once the investments increase the productive output of a economy – the rise of monetarism seemed to supercharge consumption by reducing the fundamental capital of a system – a road to nowhere really

  157. Mother Earth@
    “You are giving the bank a license to grab your assets”

    How much more bullshit can you write.Write from the heart not like max lexicon bullshit keiser

  158. Charles@
    Christ man.Mr critical theory.People are greedy.Live simply and stop talking so much bullshit.The more language you use and the more shit you refer to that you’ve read the stupider you sound

  159. Lehman Brothers ‘Shenanigans’ on Hidden Leverage May Haunt Fuld 13 March 2010 (Bloomberg) -Scroll Up for More http://tinyurl.com/yk73j7q

  160. Somehow SG seems like a saint now
    lololololol
    Hic ;-)

  161. in some circles amongst the educated talking heads for maybe the past 20 years it has been fashionable to discuss the coming Feudalism….my society is enraptured with many of the attributes of serfs….here is an oldie but a goodie from Matt Taibbi discussing the peasant mentality taken a hold of America

    http://trueslant.com/matttaibbi/2009/04/14/americas-peasant-mentality/

    Morning Mep, I’m off to work

    question for the group….Micheal Hudson worte once that that before the break of Housing Bubble he was talking to an London Banker who regaled him with “We had figured out something new” in explaining the new surge of profits…Hudson inquired what… thinking he was gonna be rewarded with some new mathematical formula sweeping the derivatives market or how to better bundle risk

    “The poor always pay their debts”

    that is so sad….was talking to several friends the other day…and they believes their is a moral component to those facing foreclosure or unemployed

    Calvinism is still alive and well here…wonder if it is such a problem else where or am I misreading my own Nation

  162. Dork of Cork@
    Ye brother me to.I can carry everything I own and I’m not poor .No CDs and no TV

  163. Why not give me the right to multiply my savings by a factor 10 and loan it out with interest?

  164. “The following are links to shops for various MaxKeiser.com t-shirts, bags, buttons, mugs, etc.”

    “The Cafe Press Shop”

    Fuck Off!

  165. @TDOC

    “a sensible fractional reserve system ” does not exist imho. You are giving the bank a license to grab your assets, because they can lend you money they don’t have.

  166. The Dork of Cork

    @Sony
    On the contrary I live a very simple life – a value money for one reason and one reason only – FREEDOM

  167. We know the human race is greedy while all the long diatribes over these issues.Your just a bunch of nerds that are infected with industrial language disease.
    Simple language:People are Greedy
    All of you own loads of crap like CDs and to many clothes
    You all complain a lot but you can’t even be bothered to simplify your lives.None of you could imagine your lives without a computer.Max keiser gets paid by the same people he belly aches about.If he was a rebal he wouldn’t be advertising stupid t-shirts with his face on the site to make a quick buck.He’s just as bad as a banker.Trying to sell crap and pumping carbon in the air while flying from place to place.Go back to your bank job max or buy a organic farm I don’t want your crappy t-shirts

  168. The Dork of Cork

    If we could just go back to a sensible fractional reserve system it would be a improvement but this ability to create money from individual loans within commercial banks is the most absurd and inefficient money creating mechanism ever created

  169. Morning, peeps. Gonna make some coffee, start some tomato seeds ;-) and then see who is around to chat with/at.

  170. @TDOC

    “I am amazed at the bankers ability to continue and extract wealth from the foolish peasants who have no concept how this little world works”

    Well, because the ‘peasants’ feel guilty about their ‘ignorance’. Really all that is going on is bartering using worthless goods but who’s value the ‘peasants’ do not believe they can determine.

    If there is no rocket science going on, there is not peasantry to identify. Bankers are peasantst that haven’t been put in their proper (equal) place.

    It is getting a drag to complain however. We need the collapse as soon as possible..

  171. The Dork of Cork

    @ Mother Earth
    Yes I agree with you but there is a conservative argument for honouring your contracts but that is now defunct as the bankers have been found out as charlatans
    The latest Lehman’s scandal should have profound ramifications but I will bet they will try to wallpaper over that little episode with even more debt money.

    I am amazed at the bankers ability to continue and extract wealth from the foolish peasants who have no concept how this little world works

  172. Oh fergot one B@#stard
    WHO – Eugenics & Steriization with Profits to Pharma Industrys
    lolololololol
    Hic ;-)

  173. The economy is not debt based, it is guilt based. Once we all stop feeling guilty for not understanding what the economists, bankers etc are talking about, but blame them for not being able to speak clearly it will all turn right pretty soon..

    And, oh: Amesazzle blazzle because the smism is in schism. So pay up buddy!! (hey, that is funny, when it is about payment there is this clarity all of assuden)

  174. off topic
    reality TV
    police dash cam video
    hi speed – 108 mph – chase
    Ann Arbor, Michigan

    http://www.clickondetroit.com/video/22823719/index.html

  175. The Dork of Cork

    Sorry – I meant Unencumbered by debt

  176. The Dork of Cork

    @cb
    Deflation is really a situation where people no longer pay their debts – since the money in circulation is also debt its value will decrease as the debts build up.
    If we just had money encumbered by debts then asset prices would fall in relation to money
    That the deflationary argument for gold as it has no counter party risk when held in your hand

  177. I mean on CNN when tey showed toes Pirates of Sudan/yemen or where ever
    CNN did’nt Question one Ships cargo
    It was full of tanks and Ammunition headin fer some south african Country I tink ta Ships origin was from Russia
    Hic ;-)

  178. hi i wonder if you could ask williams how his new business is going selling books and dvds about the crash! and telling us all how it could have been avoided and how unfair it all is. ex predatory banker capitalising on fear turned , predatory author. nice move ! and when the revolution comes i will hang the fear mongers as well as the financial terrorists. SOLUTIONS ONLY PLEASE!

  179. What a banker should explain:

    I learned in school that any amount multiplied with zero always will be zero.
    Since money is created out of “thin air” aka nothing aka zero – how come we owe the banks more than ZERO ?

  180. @ Stacy last para @ you
    Hic ;-)

  181. @ MA
    Couldnt agree with ya more
    But look on ta bright Side they tried to take on an Informed Country Like Iceland
    Hopefully First world countries realize its ta nom of ta day in 3rd World Countries
    And Institutions like IMF must be disolved
    I hope 1st world countrys citizens realize ta Pillage of Africa and other 3rd world countries never stopped
    And all tat nonsense of UN helping is all a Fraud what ever they might show on CNN about UN Red Cross is just complete nonsense
    Tis topic clearly needs more visibility
    Hope RT starts a Flagship capaign against ta UN IMF and all other 3 letter nonsence organizations like WTO etc
    I would start by calling them what they really are
    Ya dont call a Hooker yer Wife ; call a criminal a criminal
    WTO – World Pillage organization
    IMF – Debt Slave generator
    UN – Civil war generator to Install Puppet Govt’s
    @ Max
    Ya shoulda also brought tis up with Birgitta Jonsdottir
    Cause its you guys who support tees organizations
    It was all fine & dandy when it was done in 3rd World countrys
    but its an outrage when its done in a 1st world country
    Hic ;-)

    Just pick and choose anytopic from tee above fer
    David McWilliams
    lololololol
    Hic ;-)

  182. The EBE’s (Extraterrestrial Biological Entities) are from the future and MADE BY US!!

    Because of all the technology harvested from the Rosswell craft we came on an alternative time line. If we don’t send the craft back into the past in 2042 we will get back on the old time line, brrrrrrr!!!!!

    Donnow if I believe that but thought I share it with you cause it’s a great story.

  183. @Y’All
    his fans and………….

  184. @Y’All
    Hey let’s talk about AJ and…..

  185. @Y’All
    ‘The death rate of women giving birth in the US is worse than in 40 other countries, including nearly all the industrialised countries’
    (Those from poor, African American and Native American backgrounds most at risk)
    http://www.guardian.co.uk/world/2010/mar/12/amnesty-us-maternal-mortality-rates

  186. The Legacy of Colonel Philip J Corso (The Day After Roswell) http://tinyurl.com/yk6du76

  187. @Phil
    May have something to do with the fact that India and Pakistan still haven’t backed out of this:
    http://en.wikipedia.org/wiki/Iran-Pakistan-India_gas_pipeline
    (lol, Richard Holbrooke, I wonder if Jim Johnson of GS/Lehman/Fannie may is involved)

    In favor of this:
    http://en.wikipedia.org/wiki/Trans-Afghanistan_Pipeline

  188. Television the drug of the nation

  189. @stacey

    Great work getting David on! :)

    I’ll think for a question and get back to ya! Well done again

  190. US civil rights activist, Juanita Goggins froze to death
    http://www.guardian.co.uk/world/2010/mar/12/juanita-goggins-frozen-death-southcarolina

    What can i say? Just heartbreaking

  191. @Y’All
    ‘Rove ‘proud’ of US waterboarding terror suspects’
    http://news.bbc.co.uk/1/hi/world/americas/8563547.stm

  192. Should keep posting Revolution vids all over ta place ta start scarin ta Sh!t outta ta bankers
    Hic ;-)

  193. @Y’All
    ‘BNP members will not be banned from teaching’
    http://news.bbc.co.uk/1/hi/education/8563044.stm

  194. Phil /Germany

    ADL ‘stunned’ by U.S. condemnation of Israel

    Report: U.S. promises to halt Israeli building in East Jerusalem

    http://www.haaretz.com/hasen/spages/1156070.html

    Just wondering .. whether this little “show” has anything to do with the US “distancing themselves” from Israel … “at the right moment” ?
    i.e. maybe Israel has something “else” planned ? … so the US can say “we had nothing to do with this” ?

    Just wondering .. as I said !

  195. Question: Can I get there by candlelight ?

    hihi

  196. “Namma ” in one of ta local Languages here means “Our”
    ROFL cause I tot of Chairman Mao (Mao Tse Tung)
    lololol Actually supprisingly lot Similar
    Hic ;-)

  197. SuperGeek@ Namarama@
    Due to the rising price of gold Tribal people of South America are now facing further exploitation and genocide at the hands of large banks, speculators, and small investors, who are increasing demand for the yellow metal. According to a report by Survival International on 26th February, Yanomami territory in northern Brazil is being invaded by an increasing number of miners, creating concern amongst the population over the possibility of escalating conflicts.
    For every pound of gold produced two pounds of mercury enter the environment. Mercury pollution poses significant dangers to human health, flora and fauna. The Amazon contains half the world’s plants, animal species and one third of the world’s trees. Cavalier International mining companies and large global investment funds are ignoring ecology, rule of law and the rights of indigenous people.
    Sony Panasonic

  198. @sunny
    oops, I don’t think the slaves like being distracted while they are toiling away in the goldmine!!!

  199. @sunny
    I don’t think the slaves don’t like being distracted while they are toiling away in the goldmine!!!

  200. sony panasonic = fony paranoid panic.

  201. Here is the question that most puzzles me: How is the average person to reconcile seemingly contradictory claims by many deflationists that we are going to see both a deflationary collapse going forward, as well as the demise of world currencies, such as the USD and the Euro? Isn’t deflation supposed to improve the purchasing power of currencies in the affected economies? Thanks.

  202. Gold=Mercury=Genocide

  203. Marc Authier

    @Dan
    Move out of the country with your family and your assets. It’s very very a direct way and a pacific way of protesting against the shits in Washington. There is another way but it’s messy. The best to implode the USA is deprive it of money and your blood sweat and tears. Move to Europe or Canada. Personnally I would flee the USA. The political process is impossible in the USA. This country is in reality a democratic dictature.

  204. @s.herbert
    uhm, Let ‘em eat….
    Cake Countdown – Pes
    http://www.youtube.com/watch?v=cFZPyXymTLI

  205. She askes what would YOU do.

    Its all very well saying THEY need to change this THEY need to change that THEY need to reform this, but its about as effective as banging your head against a concrete wall.

    With regards to someone elses system there is nothing you can do, the only things we can do is develope and support our own system which being to create independence from theirs like micro loaning for example.

    You hear it all the time that you need to “protest” or write to your congressman or if everyone! emailed them they would have to listen.

    When you understand that a million emails makes no more difference than 1 email asking for change, then you understand.

    So go bang your head against the concrete wall of universe some more please.

  206. Marc Authier

    Hey Dork. You are penetentiary bankster colony. A bankster slave state.

  207. The Dork of Cork

    Question for McWilliams -
    Was it more then just the local boys in this picture – the ECB seems always to be concerned with the payment of bad bank debts regardless of the circumstances.

    Given the large exposure of German banks and London houses were we instructed by the ECB to keep paying these bonds regardless , with the threat of Euro expulsion if they took a haircut.
    If the ECB is the true puppet master can you please inform the Irish people that Irish Politics is a distraction and Irish citizens are creatures of the Frankfurt banking fraternity

  208. Marc Authier

    Well there is a solution for the NAMA a pitch and fork placed in the appropriate orifices and the trick is done. It would send a clear message. People have no courage. That’s why they end poor. Austerity is really tasty. Let them eat grasshopers.

  209. great, McWilliams is an intriguing choice and a brilliant (former) banker by all accounts.

    Maybe you could ask him why alternative political movements have not sprung up amidst the financial crisis. The country still seems stuck in the civil war mindset of Fianna Fail vs. Fine Gael.

  210. @stacyherbert:

    Tnx for all your hard work, and for getting McWilliams on.

    I would ask him if he is prepared to LEAD a march against this NAMA,

    Also what his opinion on gold is?

    oink oink.

  211. Good Morning!

    Hope the birthday celebration was great Stacy & Max.

  212. So the ones who get reimbursed by taxpayers (peasants) for their risky investments are the courtiers?

  213. 2nd then

  214. 1st

  215. SomeONE has to do this job.