[1114] The Truth About Repoo 105 – March 17, 2010

Stacy Summary: Good morning, y’all!

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148 Responses to [1114] The Truth About Repoo 105 – March 17, 2010

  1. Happy St. Pattricks day !

    Hope you got some green on !

    VM

  2. Sorry too many t’s

    VM

  3. nice rap.

  4. What’s re-poo? Not going to guess…

  5. Top ‘o the mornin’ te ye all!

  6. good evening from brisbane

  7. The dog poo song made my day!

    Have a nice day!

  8. Mike/Liverpool

    Everything is in a holding pattern
    Mike

  9. Max,
    You are so on the edge of talking about this, why wait any longer.
    So being the IP software guy and you mentioned the menu of ways to cook the books the other day.
    Why not dive in on this story

    http://www.youtube.com/watch?v=3erD4QyhCQ8&feature=player_embedded

    or is it too hot since Frontline shut down its investigation after everything checked out.
    Would covering this cut off your chances to bring some software to market ?

  10. Critics Blast Transborder Immigrant Tool as ‘Irresponsible’ Use of Technology

    Joshua Rhett Miller – FOXNews.com

    A cell phone application that will help illegal immigrants find water
    and key landmarks as they cross into the United States is an inappropriate use of
    taxpayer funds and an irresponsible use of technology, critics say.

    The faculty members behind the project — UCSD’s Micha Cardenas, Ricardo
    Dominguez and Brett Stalbaum and the University of Michigan’s Amy Sara
    Carroll — declined comment for this story. “As a collective, we have decided that
    we would prefer not to be interviewed by Fox News,” Carroll wrote in an e-mail. “Our
    aesthetic diverges so much from your network’s that we question the
    possibility of genuine dialogue in an exchange with you.” But in an editorial that
    appeared in the San Diego Union-Tribune, the group defended using taxpayer funds for their project. “Compare the escalating economic costs of waging two wars and upgrading a border wall ($65 billion) to those of saving lives and
    exercising freedom of expression,” the editorial read. “We submit that the latter two
    options are ‘priceless’; but, we’re open to competing cost-benefit
    analyses and nonviolent dialogue about the project.”

    http://tinyurl.com/y9zgszh

  11. @Max, Stacy

    Moody’s Tells U.S., Great Britain, France And Germany: Cut Spending Or Pay Higher Interest ….hahahahaha.

    http://crooksandliars.com/susie-madrak/moodys-tells-us-great-britain-france

  12. We let ourselves be trampled on by styrofoam godzillas….

  13. http://www.cbsnews.com/video/watch/?id=6298082n&tag=api

    60 minutes show all the bankers were wankers

  14. mother earth

    out of the 9/11 wreckage erupted

    We let ourselves be trampled on by styrofoam godzillas….

    the attacks unleashed a mutant strain of suicide bankers

    franken-bankers!

  15. Crumpet Muncher

    Stacy – you need to cut back on the sugar in Max’s diet. Too many French pastries.

    Great show though.

  16. christchurch must cringe when the singing starts.

  17. anyway, won’t need moodys when the IMF comes to town.

  18. @ronron – cringe? haven’t you heard that Max has been offered a recording contract by the same guys that just signed a contract with Dead Michael Jackson

  19. @Stacy. what key do you call that double a.

  20. sorry about the revolt i started the other night. drinking again. ;-)

  21. @ronron – well, actually, Moody’s gave it a junk bond rating; though Fitch gave it AAA, of course . . . like to support local French talent

  22. i could give max some voice lessons. 1882 5 dollar gold for half hour.

  23. were you dreaming about WL and Snoot. hahaha ;-)

  24. Gold $700 by November…

    Movie futures gonna suck away the liquidity…

  25. @Max&Stax : Why don’t you pin a thread where everybody can contribute music links? @x posted some superb stuff last night…

  26. @EB. you better sell to me. i’ll give you 900.

  27. Hahah…

    OK, but mine’s got titanium in it; I got it from the Fed’s vault, special price…

  28. Beware the sycophants who espouse “Green”,..
    Do Green Products Make Us Better People? is published in the latest edition of the journal Psychological Science. Its authors, Canadian psychologists Nina Mazar and Chen-Bo Zhong, argue that people who wear what they call the ”halo of green consumerism” are less likely to be kind to others and more likely to cheat and steal.

    The pair found that those in their study who bought green products appeared less willing to share with others a set amount of money than those who bought conventional products. When the green consumers were given the chance to boost their money by cheating on a computer game and then given the opportunity to lie about it – in other words, steal – they did, while the conventional consumers did not.

    Later, in an honour system in which participants were asked to take money from an envelope to pay themselves their spoils, the green consumers were six times more likely to steal than others.

    Mazar and Zhong said their study showed that ”green products do not necessarily make for better people”.

  29. @Dedo..little green devils, just confirms my suspicions…

  30. http://www.victorianweb.org/art/crisis/crisis2l.html max ,speaking of ‘ wreckage’ for anyone who may /may not be interested ? a fascinating link to an article and series of articles , [worth the time and bit of effort for a different take on events past and present ] ‘ images of crisis ‘ Political & Social Shipwrecks & Castaways ” some interesting links & quotes on left hand side of the page make this site worth looking at , left wing / right wing castaway . ‘ We see many instances of cities going down like sinking ships to their destruction’…..’ the bourgeois version of shipwreck is bankruptcy. ‘

  31. Obama says that the new health bill will reduce insurance premiums by 3000%. By Mish’s calculations that means that the average insurance purchaser will be paid $145,000 to take their insurance. Obama even says you can ask for a raise on top, cause your employer will save so much money…

    And Pelosi says that the bill must be passed so that everyone can see what’s in it…

    Meanwhile the physical economy is in ‘Nero’ mode…

  32. @ronron – I never could figure out Schiff; he’s got the right policies, but he’s been really wrong on his predictions. I never did accept that China could decouple, which was his fundamental tenet. History is against China’s further development, if they decouple…

  33. @EB. the chinese are being encouraged by there government to buy PM’s. what do you call that?

  34. Roll up roll up get yer Max Keisers suicide burgers (emphasis on the ers) luverley while their ‘ot, yep I’ll buy into that franchise, wash ‘em down with a nice ice cold slurry-pee.

  35. @david – ay, you oirish leprechaun . . . we asked David McWilliams one of your questions . . . so make sure you watch the episode tomorrow!

  36. and a german weiner is not a hot dog. ;-)

  37. Research illustrates clearly that industrial development is driven by certain factors. For example, the industrial revolution took hold in Britain first and foremost because (a) the level of wages was amongst the highest in the world, and (b) the ratio of wages to energy cost was the highest in the world (cheap coal being abundant). Under this scenario, business can profit from industrial development

    Today, China has the exact opposite situation, and without US’s relatively high wage consumption there is little incentive for widespread industrialization. If the government tries to step in to push development, the economy will end up like the Soviet Union, where the value of the ingredients going in will be worth less than the value go the product coming out…this is unsustainable…

    In my opinion, India has the greater potential for prosperity in the longer term, because she has better economic policies…India’s growth is largely market-driven,
    whereas China is almost completely directed…

    India’s citizens also have an estimated 16,000 tons of gold, by far and above more than any other nation, even though the government only possesses about 400 tonnes or so…

  38. Whoot Whoot My 0.15 seconds of fame
    lololololol
    Hic ;-)

  39. @Bonn. your on the airwaves. hahaha :-)

  40. Happy Paddy’s day from Ireland folks….I’m off out booooozin!

  41. @ ronron
    Well I was on before fer all ta wrong reasons
    tat was 0.12 seconds of Infamy
    lolololol
    ROFL
    ;-) hic

  42. William of the North

    @Max and Stacey.

    Humanure Handbook

    http://weblife.org/humanure/default.html

  43. Mike2liverpool

    One day Max
    Your going to sat at a table with Stacy & some odd looking bloke is going to come over…………It will be ME.

    You will then be forced to EAT Conish PASS-E
    Mike

  44. Phil /Germany

    China Currency and Trade Wars

    http://www.youtube.com/watch?v=VXYB08FHzTk

  45. @Phil

    Good short on Wall Mart?

  46. Phil /Germany

    PS@China

    .. U.S. Treasury wants China to raise its currency and Senators are back with a protectionist trade threat against China. From the Kudlow Report. Evening March 16…

  47. Phil /Germany

    @EB … Short WallMart … yeah .. great call !

    But .. as you know .. that means WMT will shoot up !
    ;-)

  48. Also Stacy Tat Mukesh Ambani is Building or built a 2 billion Dollar House in Mumbai I tink hes werth more tan 30 Bill
    Tat crackpot also arm twisted Maharashtra in Aquireing tat land which was a Charity Foundation fer his house tat is named “Antilla”
    He Probably wanted a House which said to the Arbian Sea “From Here I have Conqured the World” Ego massagin nonsence
    Hes all hand in Glove with Politics
    600 staff fer six peeps
    http://farm2.static.flickr.com/1419/542804867_d736c8a678_o.jpg

    http://www.canlook.com/videoplay-QFMNXOJ3-dA/Mukesh-Ambani-s-residence-Antilia/

  49. Dear Max,

    In the Keiser Report #25 just released at 12:29 you say that “…prices are being manipulated to cause people to act…” I agree.

    Should the average person assume that ‘the powers that be’ are keeping the price of silver below $22 US per ounce in an effort to convince us NOT to buy it? If it was rising toward its historical 15:1 ratio with gold, people would be more inclined to add silver to their portfolio.

    Or is this manipulation for other purposes?

    The price of gasoline is interesting too. If the price goes up the American public DEMAND action! Any sort of action will do nicely, thank you…so let’s keep the price low until we need an excuse.

    Thanks; I love the show.

    Jeff

    MK: With gas – definitely – the price is the only daily contact Americans have with markets around the world. To keep the price low has been the imperative for a long time. As the it gets harder to keep the price down, religious fundamentalism in the US has spread for the purpose of scapegoating perceived enemies of low gas prices.

  50. PS
    Maharashtra is a State here
    Mumbai (formerly known as Bombay)is its capital where Bollywood movies are dolled out
    Ferget ya might be wonderin WTF is Maharashtra ?
    lololololol
    Hic ;-)

  51. Patrick’s Day….a great day when foreign women become venerable to my charms.
    …..step into the parlour
    …..let the games begin

  52. @Danny. wear a condom. hahaha

  53. Mukesh Ambanis brother (Anil Ambani) was willing to bail Out “Amitab Bachan” who was 25 mill in Debt fer no reason at all He just called Amitab and said ” Mr Bachan just say the word And I’ll write the Check fer 25 mill fer ya ” Amitab Bachan refused and got out of debt on his own
    Oh and if ya dont know who Amitab Bachan is Just wait fer when he Kicks ta Bucket ta world or 1/6 th of the World is gonna stop fer @ least a Day
    lolololol
    Hic ;-)

  54. Happy St Patricks day

    Heres a nice little Irish Ditty to warm your collective cockels

    http://www.youtube.com/watch?v=jbrzZWLu6Qw

  55. @WL

    What Pelosi means is that if the bill is not passed, its contents are still under discussion.

    I too hate the moronic untransparant process where you can have last minute changes and all kind of nonsense, just because I care a bit about the american people (because to be honest, why would I care with my 120 Euro a month full health and dental care plan that is branded socialist).

    The US is broken, it is a brothel of self interested feifdoms that can operate without impunity and that even influence politics in Holland just because we are used to slightly more honesty (because honesty F*CKING works!)

    The situation is so dire imho that it would be no surprise if you’d start seeing real agression from Europe towards the states, or well coordinated terrorist acts to kick the criminals out of their comfort zone.

    Ask yourself: Would the railroad to Auschwitz have functioned as well if their operators where obliged to take the occasional trip themselves?

  56. @maxkeiser.com
    as always cheers for the show!!!

  57. If we lived in CA, there’s a good chance that we’d have no health insurance, no ability to pay the mortgage, and would struggle to eat. How easy it could be to become a “have-not”:

    Pink slips issued to 23,000 teachers.

  58. @Mep

    You see the decivilization process in full swing. Can you imagine the first settlers in CA allowing anything like this to happen?

  59. @bonn – only 1/6th?

    on the upside, people will have a quiet evening from Indian call centres trying to change their internet providings.

  60. oh, great show guys.

    Max, you sir need to release an album.

  61. frances snoot

    “Just because we are used to slightly more honesty”

    Who’s we, Mother?

  62. @Mep,”If we lived in CA, there’s a good chance that we’d have no health insurance, no ability to pay the mortgage, and would struggle to eat. How easy it could be to become a “have-not”:

    Solution, if living in CA,..MOVE somewhere else,..simple!
    Ask the Poles, Ukrainians, Somalians, Yanks,..and who ever else lives in the UK,…: )
    There’s rumor, that you guys over there,..will become the next boat people,.so do as Noah did,.start building before the rains come,….

  63. @ Mother Earth – No, I can’t imagine that. People used to pull together. Now it seems that most are too happy to allow others–or allow politicians–to pull us apart. And of course, the people who will be hurt the most are the kids who go to school in the poorer districts. Fewer teachers, assistant staff, and resources with ever-growing classroom sizes. It’s a disaster in the making.

  64. Mike2liverpool

    Wheres my £ collaspe?
    Wheres my $ collaspe?

    May be you should stick to singing Max!
    Mike

  65. @ Sam
    lololol
    Also look fer rioting and there is a Slight Possibility tat the Hospital if hes in India might be burnt down Along with some Suicides When he Kicks ta bucket
    lololololol We sure know how to put other peeps on a pedestral
    ROFL
    Hic ;-)

  66. Man me Net is Slow today and I’am missing some Good Posts
    @##$%
    Hic ;-)

  67. frances snoot

    Are you indicating, Mother, that the Netherlands is not a puppet of Brussels? Your country operates outside the G20 political structure? Your ICC is not a den of hypocrits?

    Note the facses on the symbology of the ICC court:

    http://www.theodoresworld.net/pics/0508/ICCImage2.jpg

  68. @ Dedo – It’s always easy to suggest a move. Moving requires money. It requires a place to go and another job to go to. For most, it requires having a job waiting for both husband and wife. Not everyone has the luxury of money set aside to live off of while they make plans and transitions like that.

  69. @Mep,..You don’t say,..hmm,.I can guarantee that out of a hundred folk with no opportunity,.”one” will find a way,..there’s equality for ya
    BTW: the other ninety nine will carry on blaming their circumstances,..

  70. frances snoot

    We are tied to the dollar reserve system: hence the constant vilification as the system is brought to an end. Why pick on Americans? We are set to suffer enough here: while you Europeans make your way forth as leaders of “our democracy”. Because the system is to be globally administered to all men everywhere. There is on opting out.

    The new reserve system personifies all that was wrong with the old whilst engaging the people in their own demise through demoralization, demonitization of assets, and ‘stories’ to set one tagged group against another.

  71. I picked up about 10 lbs. of defrosted poo from my backyard yesterday. Wish there was a way to send it to Goldman Sachs.

  72. @ Dedo

    Are you serious or joking??

  73. @Gordo,.I’m serious, with a smirk,..: )

  74. @Mike : no dollar collapse today…maybe gold though…

  75. @Stacy & Max:
    ya’ll are the only ones who can make such good jokes and such good sense out of this disaster. Thanks!!! I hope your (fraudulent) listeners in NZ appreciate you. We investors betting on the good ratings in your AAA rated listener surveys certainly hope so.

  76. frances snoot

    Why are all the defamatory statements concerning Americans constantly made and encouraged? I made one statement offhand about Germany in a year and was chastised.

    Does Germany have a hand in leading this new reserve empire? Is America dissed because it has served a useful purpose (enabling administration of IMF policy globally and installing sovereign banks as a funnel for indigenous people’s resource and labor into the BIS system). But now with the new reserve system it’s time to close up shop in American.

    Indeed: the plan has been maintained for years. One could say the crisis in finance was a direct result of Basel regulation through the Basel 1 allowance concerning cmbs. That regulation encouraged the ponzi which was then castrated through Basel 2. (Insiders were aware of the nature of the change prior)

    HONESTLY: the inordinate amount of time spent dissing an “empire” in demise could be better spent wondering what is chewing on the global furniture: the new monster unleashed by Lisbon.

    I don’t sit in judgement of people I’ve never met based on social science studies or any other lame apparatus which allows the pincer-nosed-pontificates to write global policy for sovereign states.

    Where are we headed? Does anyone really believe that those who control the western nations, the currencies, the armies, and the new reserve unit are going to lose control?

  77. Hey Ya used Me H/T 43 % have 10 K fer retirement
    Ooooo I am surfin on fame wave Ofc I tink I pinched it from Peter Schiff or infowars

    lolol
    Hic ;-)
    Still having trouble seeing ta vids hope me net speed bucks up

  78. BTW: Max and Stacy,..Not a bad show, the only time I’ve ever thought,..hey,..those guys seem like a good couple to be around! : )
    You seemed like you were genuinely having fun,…

  79. Here’s one for Max,…bis pueri senes

  80. @M/E

    For the record. I am not American and of course the current US healthccare delivery system is economically and morally bankrupt. However, this bill is not about healthcare instead it is a massive powergrab completely unfunded and IMO will end in complete socioeconomic disaster for the US.

    How do feel about “the Slaughter Solution”

    http://74.125.155.132/search?q=cache:IsBJhe0JgUgJ:online.wsj.com/article/SB10001424052748704416904575121532877077328.html&cd=2&hl=en&ct=clnk&gl=ca&client=firefox-a

    I have to pay for my health insurance in Canada through direct monthly payments and through income taxes while being denied treatment. The system costs are rising and unsustainable leading to increased rationing. I was ready to pick out a wheelchair with a diagnosis of a chronic disease and the Canadian System completely denied me a relatively cheap treatment for years as I got worse. I know it sounds bizarre. Now in Canada it is illegal to pay for healthcare yourself, no option. (except non essentials)

    I could not get treatment in Canada even if I paid for it. So, I went to the US for treatment. Two years ago I could not walk more than 20 feet due to pain and now I am 90% recovered, can walk miles and lately started to actually run, even sprint.

    The Canadian system is great with acute and simple medical issues but for chronic and complex things you are beyond fucked. If you do not have the cash to seek treatment out of the country you are tossed in the garbage. My situation is not uncommon.

    So, reform yes, this bill no…

  81. Michael Moore’s St. Patrick’s Day Letter on Health Care Reform

    Most important point:

    And how big will the fines be if the insurance companies do deny someone coverage for having a pre-existing condition? Are you sitting down? A hundred dollars a day! That’s it! So if you’re the insurance company, and Judy is a customer of yours, and Judy needs an operation that will cost $100,000, what do you do? You take the fine! Let’s say Judy lives another year after you’ve sentenced her to death, your $100-a-day fine will only cost you $36,500! That’s a savings of $63,500! And trust me, my friends, that’s EXACTLY what’s going to happen.

  82. @Snoot

    Germany has been imho a very serious and consciously responsible country. You may forget they picked up east germany before the Euro. Deutsche Grundlichkeit (german solid design) is not a bough concept. The US is the marketing department trying to run the company, Germay is the engineering department adding real value to the products being manufactured. Which department do you think is more important? Germany is a lot like america, big houses, loud people, only to be sure they know what they are doing. I actually think that the UK and US used WOII to beat down the german industrial might. They failed.

    I wish we had a list of which companies are most at risk from downgrades and CDS triggers, so we could pull the plug of BIS and all related crap today.

    By the way, the opposite of ‘Deutsche Grundlichkeit’ is ‘Met de franse slag’, which means something like ‘With the fench touch’, meaning lousy, bad, botched ;-)

  83. @mep and M/E

    What does tell you when big pharma and insurance backs this bill?

  84. @ Mep

    Are you sure Judy is not the one being fined? :-)

  85. frances snoot

    @Mother:
    Germany and the US are both corrupt in that the nation/states are operated by banking interests. These interests find their apex within the G20 sovereign system. The advantage Germany retains is through the favored status they receive from the ECB. The system has profited insiders following WW2 be they German or American through sovereign banks’ criminal action. Allianz Group and Pimco are joined at the hip. (PIMCO tag-teamed CIT during their bankruptcy providing criminally inspired financing and asset grabs)

    Targeting one nation’s corrupt banks allows the remaining banks to retain monopoly privilege. Giving German banks a go is an exercise in hypocrisy. Germany is now operating within a ‘bad bank’ systematic which allows their toxic derivatives to remain separate from the rating agencies and the basel committee.

    The reason WallStreet is the target is a direct result of the switch to the sdr/reserve system. If WallStreet was still a profitable interest, the financial players would promote its operation.

    I don’t support criminal action. Turning a blind eye to European criminal action in a preference for scapegoats is either naive or collusional.

  86. normally I find the Huffington Post unreadable/unreliable but several of my lefty friends sent me this…

    http://www.huffingtonpost.com/2010/03/17/dennis-kucinich-health-care_n_502182.html

    my comment to my brethern who sent this was “The Left always rolls” the DLC boy’s never have to give an inch…I oppose the current bill as written because I believe it is a system to enrich Big Insurance and Big Pharma…always supported just allowing people to “freely buy into” Medicaid…but that truly was never an option

  87. Is China’s Politburo spoiling for a showdown with America?

    “Any attempt to retaliate by triggering a US bond crisis would rebound against China, and could be stopped – in extremis – by capital controls. Roosevelt changed the rules in 1933. Such things happen. The China-US relationship is no doubt symbiotic, but a clash would not be “mutual assured destruction”, as often claimed. Washington would win.”

    http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/7442926/Is-Chinas-Politburo-spoiling-for-a-showdown-with-America.html

  88. @Snoot

    I disagree..banks don’t ‘operate’ anything..They are like te girl in the movie that stands idly by while the hero fixes the spaceship, they are a load. The ECB is usefull as long as it works prudently and if it wants to do that derivaties from the US must be banned. Corruption is in the banking system alright, but as usual you blame the victim..I stil wonder how mucht they pay you, I can’t imagine doing what you do for free..

  89. frances snoot

    @Mother:
    If you will remember, Germany was under reparations for war crimes following WW2. I am not supporting US or UK actions following that war: but the onus upon Germany was to prevent a reemergence of Nazism.

    The question being: did the Nazism really ever end, another topic for conspiracy forums.

    It is odd that the pharmaceutical companies never lost a dime.

    Criminals stand with one foot on Germany and another on America and the sovereign banks allowed the flow of dirty money to continue unabated and without contest through Bretton Woods institutions.

    The UK and America insisted this was to ‘build Europe again’.

  90. frances snoot

    MotherEarth:

    Being paid in currency? I thought that wasn’t ‘your cup of tea’? Perhaps I am as altruistic as you?!

    We are presently governed by the Bretton Woods institutions and sovereign banks of the G20. Are you really unaware of this?

  91. frances snoot

    Derivatives were invented in Europe, Mother. Goodness. How sanctimonious you can be! Or are you just naive?

  92. frances snoot

    Here, Mother. For your afternoon reading enjoyment:

    http://www.g20.org/

  93. frances snoot

    http://www.polity.org.za/article/fr-sarkozy-speech-by-the-president-of-france-at-the-40th-world-economic-forum-davos-27012010-2010-01-27

    “The G20 foreshadows the planetary governance of the 21st century. It symbolises the return of politics whose legitimacy was denied by unregulated globalisation.
    In just one year, we have seen a genuine revolution in mentalities. For the first time in history, the Heads of State and government of the world’s 20 largest economic powers decided together on the measures that must be taken to combat a world crisis. They committed themselves, together, to adopting common rules that will radically change the way the world economy operates.
    Without the G20, trust could not have been restored. Without the G20, we would have had the triumph of “every man for himself.” Without the G20, it would not have been possible to envisage regulating bonuses, closing down tax havens and changing the rules of accounting and prudential standards.
    These decisions will not solve every problem, but just one year ago, would anyone have thought they were possible? Now, however, they must be implemented!”

  94. Al-doomandbloom

    This is a quote by George Green, from his Project Camelot interview…( h/t Bonn)
    ——————-
    “I remember being flown to Aspen in a private jet and then being asked to be the Democratic Finance Chairman for the Carter election,” said Green last week on Greg Szymanski’s radio show, The Investigative Journal. “I remember then saying I was a Republican and then Paul Volcker, leaned over and said “That’s OK, kid. It doesn’t matter, we control them both.”
    ——————-

    Now i know Max is found of Tall Paul…but i seriously doubt his intentions…

  95. Al-doomandbloom

    found = fond…

    apologies..my keyboard is dyslexic.

  96. @Snoot

    Stop looking at the sky and start looking at the ground, that is where your enemies are..

  97. frances snoot

    @Mother:
    I am rather tired of your condescending attitude. Because I have not position in society nor pay I’m treated by you as a rather tired-out-washer-woman. The reform of the system looks within the corrupt system for reform.

    hahahaha

    Speaking of which, I think I will be about my work. Good day.

    “Chipchippipperoo and all that sort! Here’s to ya, gov’na. Send a sovereign my way! Offs to the scrubs”.

  98. Repoo, lol. I love you guys :)

  99. Mr Unemployed

    Sounds like you guys hit the bong before the show instead of waiting until after.

  100. @Snoot

    I must be wearing you out.. ;-)

  101. slowly but surely the losses will continue to peek out (Mike Whitney’s column in counterpunch)

    “Didn’t Geithner just run bank “stress tests” last year to prove that the banks could withstand losses on second liens?

    Yes. And the banks all passed with flying colors. So, why are the banks whining now about the potential for “catastrophic” losses if the plan goes forward? Either they were lying then or they’re lying now; which is it? ”

    “So, it’s not a question of “if” there will be another bank bailout, but just “how big” that bailout will be. The banks clearly expect the taxpayer to foot the entire bill regardless of who was responsible for the losses.”

    http://www.counterpunch.org/whitney03172010.html

  102. Mr Unemployed

    BTW, enjoyed the show!

  103. California Doctor

    TO MAX KEISER – You need a back up band LOL…
    REPOO 105!
    Hey Paul Volcker
    He’s some dog poo
    If can’t you turn it into gold
    He’s some kind a mold
    We go chop chop chop

    TO DEDO – RE: California
    You’re not very far from the facts.
    A local strip mall went from 100% sublet to 50% sublet now…

    RE: Canadian healthcare
    It is also now illegal to pay for your healthcare in California. If you actually pay and collect payment for independent medical opinion, it exposes the doctor to tremendous liability from state regulators.

  104. REPU. Good point Stacy, they should be called “repu”. But they’re not because then people would realize they are just repackaged poo.

  105. http://news.goldseek.com/InternationalForecaster/1268838000.php

    Bob Chapman’s latest ‘International Forecaster Newsletter,’ mentions Connecticut Attorney General Richard Blumenthal suing Moody’s Investors Services and Standard & Poor’s over falsified debt ratings. Also talks about how Lehman Bros. used Repo 105 and Repo 108 transactions to remove assets and liabilities from its balance sheet.

  106. How can anyone take the nut jobs at Project Camelot seriously.

  107. Early sunday video club entry: http://www.thedailyshow.com/watch/wed-march-17-2010/in-dodd-we-trust John stewart ate some nails for breakfast, the first min aren’t that good but he ends in fireworks.. yet nothing compared to how markets are analyzed here ;-p maybe comparable to max his singing skills.

  108. MEP,

    I do live in California, where I teach at a State college. I did lose my healthcare this year as the state cut health care for all lecturers. And my wife is a teacher who received a pink slip last year (but fortunately not this year). The problem here is that we have a 2/3 rule for passing the budget. This means that the Dems in charge need REP votes. But Reps won’t raise taxes up to the levels needed to pay for all the things they also want. In other words, they’re willing to spend the money but not to bring in the income to the state. College classes have been cancelled, professors are working 90% of usual… and all this is before the real effects of the housing market crash and commercial real estate crash have hit the economy….we’ve got trouble ahead.

  109. @Marietta

    I fully agree..I think all pseudointellecual fantasies will be gradually abandoned..

  110. @Everyone
    Yup, just heard it on the radio that Congressman Dennis Kucinich now wants to pass the Health Care Bill. The Koolaid is now in the drinking supply. So I thought, what could change his mind? Maybe a new speach writer! And I found the one:
    http://www.youtube.com/watch?v=B5B5mcCQdB8&feature=related

  111. Ray in Vancouver

    Bernanke; “In summary, the Federal Reserve’s wide range of expertise makes it uniquely suited to supervise large, complex financial institutions and to help identify risks to the financial system as a whole. ”

    Yes and as the banks own the Feral Reserve they end up self regulating, what a concept!!

  112. Happy St. Patty’s Day everyone!
    And if you’re not wearing green then pinch, pinch, pinch.

  113. It’s goin’ down…short everything…

  114. I hate to sound like Mike, from Liverpool — Nova Scotia … but when is the CAD going to once again crash against the USD?

    The chart

    http://finance.yahoo.com/q/bc?s=CADUSD=X&t=2y&l=off&z=m&q=l&c=
    At 12:56PM CA-EST: 0.9905

    TORONTO (Reuters)

    http://ca.news.yahoo.com/s/reuters/100317/business/cbusiness_us_markets_canada_dollar_bonds

    The Canadian dollar rallied above 99 U.S. cents on Wednesday morning, its highest level in 20 months, putting it a step closer to being on an equal footing with the U.S. dollar.

    Supported by firm commodity prices, lingering euphoria from a renewed pledge by the U.S. Federal Reserve to keep interest rates low for an extended period, and a bigger than expected jump in wholesale trade data, the Canadian dollar rose to C$1.0099 to the U.S. dollar, or 99.02 U.S. cents.

    That is up from Tuesday’s close at C$1.0140 to the U.S. dollar, or 98.62 U.S. cents. It has finished higher in 12 of the last 13 sessions.

  115. Marc Authier

    @Stacy

    Ripou is a french argotic verlan word (the language of inmates in french prisons). The word comes from “Pourri” which means “Rotten”.

  116. Secret Document Calls Wikileaks ‘Threat’ to U.S. Army
    By David Kravets

    Wikileaks presents a “threat to the U.S. Army” and publishes “potentially actionable information” for targeting military personnel, according to a classified intelligence report posted Monday on the whistleblowing site.

    The 32-page report entitled Wikileaks.org – An Online Reference to Foreign Intelligence Services, Insurgents, or Terrorist Groups? (.pdf) indicates the government’s concern that “current employees or moles” within the Defense Department or the U.S. government “are providing sensitive or classified information to Wikileaks.” To stop this, the 2008 report had suggested a campaign to expose and punish those who leak to the site, which was founded in 2007 by Chinese dissidents, journalists and mathematicians.

    [...]

    Read More http://www.wired.com/threatlevel/2010/03/wikileaks-army

  117. VG short essay on the internet
    ‘Driveby culture and the endless search for wow’

    http://sethgodin.typepad.com/seths_blog/2010/03/driveby-culture-and-the-endless-search-for-wow.html

  118. LOL @ Banker poo

  119. lololol @ REPO105 Max stop your cracking me up LMFAO

  120. Unfortunately, We are following in the footsteps of Weimar Republic German in terms of dealing with our structural economic problems.

    We have an unstable debt based 70% consumption economy.

    As the “Prophet” stated: Woe to those that reap from what they do not sow.

    Collapse Phase II is right around the corner

    http://funy1.blogspot.com/2010/03/collapse-phase-ii-hyper-deflation.html

  121. Not repu.
    The correct pronuncation should be ree- purrr. As in “reaper”.

  122. Is it just me or do you find it strange that Congressman Kucinich did a 180? With all the sex scandals on Capitol Hill, I’m wondering if Dennis has been a naughty boy and someone is using that information to make him vote for the Health Care bill. Just wondering out loud if he’s been hot tubbing with the boys.

  123. Love the re-poop joke… sums it up beautifully lol

  124. @ingrid : Kucinich is a poster boy for monetary reform and fiscal prudence. There is something strange going on behind the curtains…

  125. Photoception

    Take it away Max……ouch my ears!

  126. Stacy and Max,

    Good show.
    How many people have to listen to your show when they realise that
    Debt is the Enemy of inflation ( deflation), Until debt inflate and looses!
    (inflation).

    That was the question Ron Paul had to ask to Bernanke!

    Fare the well,
    and if forever,stil forever,
    Fare the well.

  127. ROTFLMAO

    Great show..

  128. If you’re upset with Congressman Kicinich’s 180, contact him at http:kucinich.house.gov/
    And while you’re doing that, have a listen to NIN’s, Piggy
    http://www.youtube.com/watch?v=wn26LcQYqEE&feature=related

  129. Wat erg!
    KO GO DEBT is possible.

  130. Ku go debt that is the way’

    Leave al the longterm savers!

    Happy live!

  131. NZ Debt is a killer’

    Like inflation you just get it.

    Dayre stop[

  132. @ingrid : the chatter I get is that Soros and his minions are behind this sudden push. This could be what has lit a fire under Kucinich et al.

  133. @Danny are ye sure ye mean venerable and not vulnerable tee hee hee.

    @Stacy, yer gonna ask D.McWillams one of my questions, oh dear I hope its not the rude one, if I remember correctly they were all a bit blue. I may be a bit harsh on him, however if the crisis/class war/daylight robbery is as serious as you, Max, and I believe it is, people like McWilliams should be doing more, waxing lyrical about Irelands Stalingrad and the Pope’s children is all very well, but do you think the average punter even knows what a Stalingrad is.
    The average person i.e. ME is more concerned with how I protect my wealth and survive, being advised to buy gold and silver over 6yrs ago is the practical advice I want to hear, which is why I’m truly indebted to you and Max. We can all demonstrate how much of a clever bolox we are should we put ourt mind to it. It would be funny though if Max did turn around to McWillaims and say ‘so David whose cock aren’t ye sucking’. See how quick on his feet he is then.
    Deepest respect to you and Max, also belated St Paddy’s greetings.

  134. Oh man that was funny, I need to find a rag to clean up this puddle.

  135. Max was in rare form for this show. LOL

    Peace Ya’ll

  136. @Mr. Holipsism – thanks! it was a fun show to make, it felt like it was flowing well

    @david – oh dear, did you wee yourself?