Stacy Summary: Guest is Business Insider’s Gregory White.
  |
 |
 |
-
ref. max keiser & Get 6 mo’s free storage
-
-
Rick Ackerman-
- King World News
- Mish
- Karl Denninger – Market Ticker
- Michael Hudson
- ZeroHedge
- The Big Picture
crash banksters – Buy Silver & gold
![[Most Recent Quotes from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/platinum/t24_pt_en_usoz_2.gif)
-
Most recent: 
Max, if Krugman was manipulating the intrade healthcare contract, why did it go down?
More likely it was republicans/insurance companies not supporting the legislation who manipulated the market.
well, i’m not sure about the antichrist…
well, i’m not sure about the antichrist…
Max for Greek president, why stop there Max for No:1 Supreme Leader, your my kind of meglomaniac.
Good story about Bernanke, wishing to eliminate Fed reserves, I’m sure it all makes sense in his head.
Interesting guest, but have I heard him correctly, the banks were worth bailing out, that going forward they’ll be profitable. If that is the case I think the question could have been asked ‘what fucking planet are you living on’. Hyper-inflation a mere tail wind… the smugness or the naivety, I’m not sure which I found the most amusing.
I feel sorry for the Americans. First warred upon by their corporations, then foreign interests and now by their own government. Death by a thousand cuts, each cut slicing that little bit deeper.
Prominent Democrat, activist, lawyer, staunch H.Clinton supporter during presidential campaign, former deputy attorney general of Pennsylvania, one-time Democrat candidate for Penn governor, one-time top Democrat op for Penn was one of the first (if not the first – as he had some very heavy-duty backers in the shadows promoting his work) to launch investigations into Barry Soetoro’s (a.k.a. Barack Obama) citizenship. Based on Berg’s findings, he was one of the first to file several legal challenges regarding candidate Obama’s eligibility. The goal was to “october-surprise” Obama and cause him lose the election -on behalf of Clintons (who foresaw that Obama would most likely remain POTUS for 2 terms – thereby most likely making chances for another team-Clinton White House win very difficult if not impossible until 2016 (by which time H.R. Clinton will likely not be able to continue 4-8 more years of political life).
Berg continues to pursue this matter and has a website detailing his ongoing activities regarding Obama’s citizenship and eligibility:
“Obama Crimes -the latest news on the cases of Phil J. Berg concerning the eligibility of President B.H. Soetoro/Obama”
http://obamacrimes.com/
What percentage of Americans still believe there is any difference between a “democrat” and “republican” politician, still are entangled in the created, controlled and false “left” vs “right” dialectic paradigm (in other words -what % are still thoroughly duped and brainwashed fools).
Obama is the perfect puppet for the Oligarchs because of the controversy surrounding the many alleged secrets he has to hide. Dangled from a string, and then the big pay off after the damage is done. Job done.
Whether or not the health care robbery survives legal challenges, I believe that the Oligarchs have pushed the country nearly to the breaking point, politically, economically and in spirit. It’s in chaos. Last night I was thinking about the military. How long will it be before food and pay is interrupted? This is the end game of all empires.
Meanwhile the bankers will continue their relentless robbery of the country, now unseen.
Todays Telegraph runs some squib article about the latest threat to western society: exploding breasts.
http://www.telegraph.co.uk/news/uknews/terrorism-in-the-uk/7510350/Terrorists-could-use-exploding-breast-implants-to-blow-up-jet.html
They are however remaining silent on exploding penises or exploding assholes. This article probably says more about the telegraph editorial team’s relationship to their mothers than any threat to western civilisation (sic).
Jordan was not available for comment. Hajib wearers are preparing for the worst.
The US is growing mental
40% of republicans believe Obama is a socialist
45% of republicans believe Obama was not born in the US
25% of all americans believe Obama was not born in the US
57% of republicans believe Obama is a muslim
38% or republicans believe Obama is doing many of the things Hitler did
20% of all americans believe Obama is doing many of the things Hitler did
24% of republicans believe Obama may be the antichrist!
funny, that kid on rt, no not you max, looked irish,
but he sounded like a black and tan, cut and run eh?
Come Out You Black and Tans – Paddy Reilly
http://www.youtube.com/watch?v=NmnJ1FZv9ZU&feature=related
Here’s a video from a series of videos by Chris Martenson called
CRASH COURSE
This is chapter 17a
It is tying Oil (or Energy) to Economy…
http://www.youtube.com/watch?v=cwNgNyiXPLk
It is something to support that which The Roach has been working on…
I’d recommend watching the whole series to everyone that is unfamiliar with the concepts…
Just realize that as PEAK Energy turns over, so will the economy…
it is inexorably linked, even though you don’t recognize it as such…
Just what the doctor should not have ordered and which prove US investors areconsumate assholes on this Obeyyourmamma heist of the taxpayers.
http://market-ticker.denninger.net/archives/2117-That-Didnt-Take-Long…..html
No free lunch. If somebody can see a difference between USA and Greece, tell me what. Yeah Americans are much bigger assholes. Buy buy buy buy ! Bye Bye ! Read my lips. A lot of new taxes from everywhere ! with a 22% unemployment rate ? Mais oui. Denninger is right about the stupidity of the average investors. Morons. You desserve a depression and that’s what you will get in Obananaland. Talk about an horrendous timing.
@A
glad ur up
check out this: eastwood, rickels, sutherland, gold bullion scene
Kelly’s Heroes part 4
http://www.youtube.com/watch?v=Sl-6MPCeVtw&feature=related
@ingrid
i have found that those of us whom peddle in common sense, are the most underfunded, go figure, it all adds up.
@short term interest rates
Bear in mind that a change in the wind is occurring should the discount rate decline again. Possibly the new moves by the Fed reflect a necessary modification to allow first to stave off negative interest rates, and then clear a path should negative interest rate policy become necessary.
1.3 on the following chart really means .13%, which is half the policy rate.
(stockcharts.com may require a subscription to view content)
http://stockcharts.com/h-sc/ui?s=$IRX&p=D&b=5&g=0&id=p95828341396&a=191209925&listNum=2&listNum=2
I’m whigged out of my mind on Ni quil so do what any sane person would do…look for interesting stuff on U-tube….found my future self, well if I don’t turn into Joe Bageant or end up like Hunter Thompson did
enjoy, think you will like Undie
http://www.youtube.com/user/thesludgereport2#p/u/14/kOcjZjhePaY
George Hamilton tax
10% tax on tanning
http://www.bloomberg.com/apps/news?pid=20601087&sid=aa32kl.M09T4
@ingrid
thank you for your support!
i have run out of all other cents!
@underfundedmentalist
I was goning to say that you need to run for office. But you would never win because you’re dealing with common sense!
‘of course now the Obama Clan is gonna force you to use them or else…’
this would seem to prove that the market can’t do for it self, as it were
Paris scraps carbon tax plan
http://www.ft.com/cms/s/0/1b000010-3686-11df-8151-00144feabdc0.html
the CBO has never projected anything correctly yet we treat them all as if credible, my good friend Einstein would call that insane. Debit = Credit, Obamacare = Degradation of the Economy, anyone who thinks the costs will not be through the roof is a dope, anyone who thinks raising taxes is gonna help the economy is a dope. Just say it, over half the country wants freebies from the haves which is the only result that can obtain in a so called democracy, hello Greece. Oh yeah health care is not a right, if you don’t like the insurance companies don’t use them (of course now the Obama Clan is gonna force you to use them or else). There are many many things worse than death, like livin your life with the man’s blank up your blank.
@velobabe
24.99 but we don’t know the bottle size, the largest one is 50-60 now
Deflation in Detroit,,, houses that is, 4000 to be exact, cost $10,000 each to demolish
http://www.clickondetroit.com/news/22912392/detail.html
velobabe
cheap liquor is the lynchpin for command consumerism,
too bad max didn’t live in front of a butcher shop,
the prices might have shed more light on the true cost of the empire racket,
if there was still a butcher shop, that is
ok grey goose $24.99 i might need glasses maybe only $24.00
soooo when i shop around i can possibly get $29.00. today 03/23/2010
i am dumb and blond is this deflation or inflation?
This was my view for four years when I was living on 145th st. and broadway from 1979 – 1983 before I started working on Wall St.
Anyone knows the show; undercover boss? (I just recently dled it, CEO’s go undercover for a week in their own companies and find out how bad they treat people and sometimes how unmotivated employees they have most feel bad about the policies they’ve set) what I was thinking; If goldman sachs/jp morgan chase CEO’s and cronies have to live in tentcities and on a miserable wage and pension seeing it stolen away by shenanigans and shysters, or in a slave sweatshop not just for a week do it correct right away; for a whole year a new reality show maybe a follow up season if it catches on?: If they get trillions don’t get prosecuted and no one cares at least make them work the most horrible jobs for it while providing some real entertainment to fill up the hours between KR/TAM/OTE ;-p
Great new deal… California to pay up to 10000 to home buyers
Gas tax deal comes with goodies for California home buyers and green-tech manufacturers
http://www.siliconvalley.com/ci_14735679
re: @WL:
This volcano in Iceland may have a very serious impact..
-Don’t mess with Iceland!!!
hello josh
‘keynesianism’ as you put it, has served the 1% well since the last world war, now that the 1% has confiscated (y)our wealth, they will have you/us abandon the ideology as a means welath distribution.
Hello command consumerism, welcome to Asuncion!
@ x, MA and my fellow Canadians! Are there any sisters out there..?
http://www.youtube.com/watch?v=svNzEIT38_0
Good Night!
where to I find chapters 1-2 of buy love sell fear?
thanks
Excellent program Mr. President-elect.
I nominate Stacy for VP. She’s the perfect foil and adds some gravity to your levity. A very exciting ticket!
maxkeiser
Mar 23, 2010 at 7:25 pm
here’s a photo of the view described in the opening of Buy Love, Sell Fear
http://farm1.static.flickr.com/124/322354408_23efe6cdf2.jpg?v=0
This was my view for four years when I was living on 145th st. and broadway from 1979 – 1983 before I started working on Wall St.
i like the nostalgia pic but not really seeing the Buy Love, Sell Fear.
Wines caught my eye cause i own http://www.woodycreekcellars.com/
but i don’t see buy or love or sell or fear.
but i am blond and dumb.
i like the photo though, so you kept it in film remake into a jpeg?
Thank you so much for talking about fractional reserve banking. People need to know about these things. I think most people would be overwhelmingly in favor of a full reserve banking system if they knew.
I was wondering if you guys could do some more shows about really the things that cause the fundamental problems with the economy and finance markets. What about the ratings agency cartel? How they have a legal monopoly? Maybe the history and present of the Fed? Maybe Keynesianism and how it doesn’t work?
Calm down Roach you will blow an energy gasket
@la rochca
yes, the cost of living is inflating, while the standard of living is deflating,
two ideas at once tend to overload monotheistic reasoning
How can inflation happen alongside deflation? Its simple, both cause the purchasing power of each monetary unit to fall and both stem from the one root cause. Damn, I feel like I’m living on another planet thats maybe inhabited by possibly a few thousand others who can see the blatantly obvious cause for why a nations energy consumption determines its currencies value. Money represents a claim on energy. F**king get a clue already.
http://www.zerohedge.com/forum/what-money
Why can’t people reconcile deflation happening with inflation? Why is the single cause not completely obvious. I feel like I’m living on another planet probably inhabited with maybe a few thousand others who actually get it.
Money represents a claim on energy. Nothing more.
http://www.zerohedge.com/forum/what-money
Rush Limbaugh promised to leave the country for Costa Rica if the healthcare bill passes , tickerforrush.com is accepting one dollar donations to pay for Rush Limbaugh ticket out of he country … http://economycollapse.blogspot.com/2010/03/rush-limbaugh-is-leaving-to-costa-rica.html
Mike
http://www.youtube.com/watch?v=SbvET7N3NEM
Bob Chapman March 22 2010 part 1http://www.youtube.com/watch?v=SbvET7N3NEM
Bob gets 50 questions a week now from people who wonna move out of the country.
Sorry Mike no TOB–Gold still going to go down
Dr Gallo in fact “stole” the AIDS virus from a French scientist Dr Luc Montranier II think that’s the right spelling) when the French scientist sent materials to Gallos Lab. The patent issues were only resolved after a meeting between Reagan and French President
gordon lightfoot
if you could read my mind
http://www.youtube.com/watch?v=3c8PieKE8rY&feature=PlayList&p=3D116B54599606E7&playnext=1&playnext_from=PL&index=39
Unnumbered accounts, black Opes Dei hidden Vatican money and more from our Irish friend http://www.youtube.com/watch?v=aqxiIDHFU4w
Like his talk but that’s always personal of cause.
Good for your Irish accent. First vid I watched I heard half but now I am used to the accent I fully understand it.
3/22/10 1:10PM – Banks Derivative Fraud – Health Care, Stock taxes http://www.youtube.com/watch?v=QvXz2Uri684
just remember Max….only slaves crave equality: never, their masters
Coast to Coast AM 3/22/2010 [1/15] ET Life & Astrobiology http://www.youtube.com/watch?v=oMILd-2Wdjs
See if this talk gets somewhere….
@ EB
i like Ron Paul
but it is a sad statement when a medical doctor seems to know more about finance & economics than 434 other congressmen
to my fellow Chicken Little’s
y’all ever fear that with the cacophony that we bring our collective voice to that we are bringing this about more than heading it off
http://www.foxnews.com/politics/2010/03/23/fox-news-poll-say-economy-collapse/
Fox news is the pulse of the two pack a day Joe/Janes…patiently awaiting the Apocalypse because their individual lives are hard/boring or just not as shinny as End Times Rhetoric
just curious…I am fearful that we will stumble into a hard second dip and collectively we are out of ideas about what top do next….but are we talking ourselves into it?
@Youri:
They gave away celts at Burger King for a while. honestly!
sorry http://www.youtube.com/watch?v=B_hsp4SBwO4
Bearsville NY. 1970. i was there. hahahahttp://www.youtube.com/watch?v=B_hsp4SBwO4
Hell to all that…………Where is TOB????
Mike
Aids Was Created in a Laboratory ??? WHAT !
http://www.youtube.com/watch?v=2oajGX9PTh0
The TRUTH About A.I.D.S
http://www.youtube.com/watch?v=eGXGf_6W6Qw
Robert Gallo: The Man That Created AIDS
http://www.youtube.com/watch?v=CDxZ7PX8YGI
Damn Ronron. France has moved to the right of the US.
france. hahaha. http://www.nytimes.com/2010/03/24/business/global/24iht-carbon.html?nl=todaysheadlines&emc=a6
Aaron Russo reveals the Bio Chip..then dies. http://www.youtube.com/watch?v=_diNGZSr8N0
(RIP) Aaron Russo speaks on the elite http://www.youtube.com/watch?v=YIaLwlA4JEk
Coincidence or not?
Death-care bill signed on 3-22, skull & bones number is 3-22?
Death-care bill signed on 3-22 Noon, The Georgia Guidestones Center cluster erected March 22, 1980 Noon? http://en.wikipedia.org/wiki/Georgia_Guidestones
CNN has even made the connection: http://www.cnn.com/2010/US/03/22/georgia.mystery.monument/index.html
Remember what the ol elite man told Lindsey Williams: This isn’t a health bill, it’s a government takeover with eugenics and implanting chips later.
Mish with Ron Paul and Geithner sparring.
http://globaleconomicanalysis.blogspot.com/2010/03/ron-paul-to-geithner-what-part-of.html
After watching this stuff, I have concluded that Geithner, Bernanke, etc view Ron Paul as a trivial, insignificant, little flea…with lots of jokes about him around the ‘water-cooler’ at the office….
@namarama
Found out more about this clip later. For instance the first turning plastic piece can be bought in some toy stores a friend told me and isn’t that magical as you would suspect at first glance but he doesn’t give the full explanation there. The object has a asymmetrical bottom.
Rest of the clip pretty interesting especially with the falling magnet poles glued together opposite and vice versa. Donnow if this effect (falling faster or slower that earths pull on a object (9,8 ms2 acceleration per second) has to do with anti gravity or with the earth’s magnetic field?
UFO TECH NAZI Bell Joe Farrell Fusion Counter Rotating Plasma http://forum.prisonplanet.com/index.php?topic=163275.0
A Must Read! The Day After Roswell by Col Philip J Corso (Ret) E-Book (+ Audio Interview clips with Corso himself and his son) http://forum.prisonplanet.com/index.php?topic=160223.0
@Your&Ingrid. you do it in europe they like it just fine. you do it in america it’s 100 dollar fine.
@Ingrid
In America they would blame Porn for getting into the crises but in Europe they would praise it for getting out of it LOL
http://www.youtube.com/watch?v=Sv8WwnWJDmw
This is how good Youri’s posts are.
@Youri:
Many thanks..
The real reason the economy crashed…LOL…Blame porn…
http://www.huffingtonpost.com/2010/03/23/secs-porn-problem-was-ram_n_510198.html
Hornbeck Offshore’s Hornbeck Sees Demand Bottoming: Bloomberg Vid http://www.youtube.com/watch?v=z6JTA1mo3Tw
Huh!? Thought that Bloomberg, Reuters, MarketWatch, Fox, etc. said the economy was growing!? aha!!!
Still has to bottom out in this year the man says!
@Phil
Franc petrol schortage has to do with strikes at the refineries..
In France …
apparently people were queuing up at petrol stations yesterday .. can anyone conform please ?
Geithner. http://www.huffingtonpost.com/2010/03/23/geithner-fannie-and-fredd_n_510438.html
@ron ron
Friday’s back on….
@Everyone
Here is the author of the Devil’s Casino, talking about Lehman Bros…
http://today.msnbc.msn.com/id/35950655/ns/today-today_books/
Fraenkel Says U.S. Housing-Finance Exit to Take Years Bloomberg Vid http://www.youtube.com/watch?v=aOK68MfHVeU
@Danny
Mabey they can now try to insert the statute of liberty up the colon of Bernanke
U.S. Government Exposes Its Own Oil Supply And Demand Data To Be Completely Flawed
http://tinyurl.com/ykohsyx
Politics and Peak Energy
http://www.theoildrum.com/node/6298
**********
Insiders Remain Sellers of the Rally
http://seekingalpha.com/article/194813-insiders-remain-sellers-of-the-rally
Scientists Successfully Embed Silicon Chips Inside Human Cells (HOMOINTERNETIS!!)
http://tinyurl.com/ygnd5mr
**********
Money ‘only makes you happy if you have more than neighbours’
http://tinyurl.com/y9r8hfu
So funny all these analysis (f.i. GEAB) want an international basked currency of a fixed basket currency mix, just to quickly step over the hassle of respecting the emergence of a need for it or the difficulty of gaging the true value of the economies. Just to get on with pillaging the planet. Clamp on the pillaging instrument and go! This permanent blooddrain will help you overcome that strange urge to rip it out the previous one we gave you..
U.S. Government Exposes Its Own Oil Supply And Demand Data To Be Completely Flawed
http://www.businessinsider.com/us-government-exposes-its-own-oil-supply-and-demand-data-to-be-completely-flawed-2010-3
Politics and Peak Energy
http://www.theoildrum.com/node/6298
**********
Insiders Remain Sellers of the Rally
http://seekingalpha.com/article/194813-insiders-remain-sellers-of-the-rally
Scientists Successfully Embed Silicon Chips Inside Human Cells (HOMOINTERNETIS!!)
http://www.popsci.com/technology/article/2010-03/scientists-embed-silicon-chips-inside-human-cells
**********
Money ‘only makes you happy if you have more than neighbours’
http://www.telegraph.co.uk/news/newstopics/howaboutthat/7497380/Money-only-makes-you-happy-if-you-have-more-than-neighbours.html
@ronron
Still at my hip to shoot it out whenever necessary ahah!
test tugboat -> http://tinyurl.com/ycrs9tr
@WL. my place in the festival city has gone up as well. i guess canucks will be the last suckers.
@ ronron – here’s another goodie: 1st corporate campaign ads appear 1 week after Supreme Court’s Citizen’s United decision
The newspaper ads ran in Jacksonville and Tyler on the Sunday before the election and a week earlier in Panola, and they urged voters to choose anyone but Hopson. They were paid for by KDR Development Inc., a real estate company whose president, Republican Larry Durrett, lost to Hopson in 2006, when Hopson was still a Democrat. Durrett is also the president of Southern Multifoods, a Jacksonville-based company with dozens of franchised Taco Bell, KFC, Pizza Hut, A&W and Long John Silvers restaurants. The two companies are closely related, sharing addresses, officers and directors.
In my corner of the world…
Housing has rebounded to an all time high or close, listings are selling fast in my neighbouthood, the taxes, fees and utilities are creeping up. Condo projects that went dormant in 2008 are back up and going, it is game on. New autos were heavily discounted for a while, now less so. Food has been rising, timbits up 40% in two years among other staples.
No signs of general price deflation, cost of living is rising. All this with a rising Canadian Dollar, would have expected more “deflationary pressures”
@Youri. don’t lose the tugboat, you never know.
@Y’all
Sorry guys was too busy to jibber jab. Besides I have nothing to say at this point. What we see is what we know would happen. i just try to keep up to keep monitoring this by some articles.
looks like max and stacy have had there milk and cookies and gone to bed.
@WL. it’s funny when you put together a crack team like us. hahaha
NEW YORK (AP) — Stocks have punched higher to extend their streak of gains after sales of existing homes fell less than expected.
The National Association of Realtors says Tuesday that sales of previously occupied homes fell 0.6 percent last month to an annual rate of 5.02 million. The drop wasn’t as steep as expected.
Analysts say many investors, after seeing the Dow Jones industrials rise 15 out of the past 18 days, are afraid of missing further gains.
The MSM continue to pump up the market
@ronron
Youri links-a-lot is not human and never sleeps
State attorneys general sue over health bill
They say bill’s requirement to buy health insurance is unconstitutional
http://www.msnbc.msn.com/id/36001783/ns/politics-health_care_reform/
@ Youri
I subscribe to Europe 20/20 they where amazingly accurate in predicting the march 2008 collapse
March 23, 2010 – Disgruntled public sector workers in France and Greece stage strikes, Germany hits back over export markets, engine deal for BMW and Babcock International buys UK rival. Tanya Wood reports. Reuters Vid http://www.reuters.com/news/video/story?videoId=61309829&videoChannel=5
The inflation deflation debate is one which is difficult to assess. At a household level over the past 2 years we have seen prices of food and household necessities increase anything from 15 – 20%. In addition property tax rates have been rising. On the other hand property rentals, property prices, electronics, travel have seen declines which in some cases have been over 20%. People who own homes feel poorer because of deflation but pay more at the grocery store—feels like a double whammy to me
this site has turned into the best crawler on the net. hahaha. lol
Sales of previously owned U.S. homes fell for a third straight month in February http://www.reuters.com/article/idUSTRE62M2XC20100323
Senators vow action on China forex bill. Two U.S. senators said on Tuesday they would push for quick action on a bipartisan bill aimed at making China raise the value of its currency. http://www.reuters.com/article/idUSTRE62M4Y320100323
@ Youri – Thanks for posting the underemployment chart.
Disintegration of the political system worldwide has begun http://tinyurl.com/yllq5yw
Disintegration of the political system worldwide has begun http://www.leap2020.eu/GEAB-N-43-is-available!-The-five-steps-of-the-global-geopolitical-dislocation-phase_a4420.html
Gold next stop $1050 -1070
@Youri,..Where there’s a will, there’s a way,..: )
Just make sure you tell any protesters to get out of the way first,..
http://www.youtube.com/watch?v=NxDvNOJCP2M&NR=1&feature=fvwp
Six arrested in FSA and SOCA insider dealing investigation
http://www.fsa.gov.uk/pages/Library/Communication/PR/2010/052.shtml
Existing Home Sales Double Dip Deteriorates With Biggest Increase In Months Supply Inventory In 20 Years (Zero Hedge) http://www.zerohedge.com/article/existing-home-sales-double-dip-deteriorates-biggest-increase-months-supply-inventory-20-year
Underemployment At Record 20% According To Gallup (Zero Hedge) http://www.zerohedge.com/article/underemployment-record-20-according-gallup
naomi kline http://snardfarker.ning.com/profiles/blogs/protecting-israels-lawlessness
@Dedo
These fatso’s sure are capable of blocking a bullet. Woman so fat, she can’t be shot. http://www.3news.co.nz/Woman-so-fat-she-cant-be-shot/tabid/417/articleID/143478/Default.aspx
@max
great pic!
location, location, libation!
reminds me of this classic,
Bill Cosby Hikky burr
http://www.youtube.com/watch?v=atQE30sZUxc
paul craig roberts http://globalresearch.ca/index.php?context=va&aid=18273
@Max,.When you’re President of Greece,..I’ll be your bodyguard!
I may not be much to look at,.but my training is quite extensive,…
http://www.youtube.com/watch?v=eSvWlvXCsz0
@Max
Grey Goose $24
It is 50-60 now for the big bottle
That store today
http://maps.google.com/maps?f=q&source=s_q&hl=en&q=W+145th+St+%26+Broadway,+New+York,+10031&sll=37.996163,-95.712891&sspn=33.189804,68.642578&ie=UTF8&cd=1&geocode=FRX2bgIdWJuX-w&split=0&hq=&hnear=W+145th+St+%26+Broadway,+New+York,+10031&ll=40.826114,-73.949715&spn=0.002058,0.00419&z=18&layer=c&cbll=40.826207,-73.949938&panoid=xVO3z8nUdEYCrBYqDCQZcQ&cbp=12,217.71,,1,4.69
oh..I forgot to add the cost of weaponry…
Add a ‘?’ at the end of previous post..
@Max
From somewhere up there http://www.climatebabes.com/images/bjsf.jpg
@Palantiri. what money?
@ronron – There is one thing that gets people very angry and that is losing their money. As Celente says, when people lose everything and got nothing left to lose, they lose it! you don’t get control over the population like that.
by the pool http://www.youtube.com/watch?v=nszEjMieRR0
Never underestimate the power of a wood pile on a sex drive.
Anyways, anyone see these yet?
http://www.youtube.com/user/councilonsper#p/u
Very coherent and, so far, rational.
no snoot? cookie delivery? church choir? twisting by the pool?
@Palantiri. think this is away to shrink the money supply and bring the population under control?
6,000 trees axed to prevent sex romps in forest http://timesofindia.indiatimes.com/world/mad-mad-world/6000-trees-axed-to-prevent-sex-romps-in-forest/articleshow/5714876.cms
nice area @Max
er, oops,
that’s 145th st. and broadway
here’s a photo of the view described in the opening of Buy Love, Sell Fear
http://farm1.static.flickr.com/124/322354408_23efe6cdf2.jpg?v=0
This was my view for four years when I was living on 15th st. and broadway from 1979 – 1983 before I started working on Wall St.
@The Keiser Report – zero reserve system
Trying to get my head around this, reading reserve requirement on wiki and surprisingly discover that United Kingdom has zero reserve requirements but operates under voluntary reserve ratio system. Where it states that 12 years ago UK average cash reserve ratio were at 3.1%, that surly must have scrunched since then. The Eurozone has a Required reserve ratio of 2% (2003) – that is low. Is that really true?
I assume the banks stand to gain from a zero reserve system.
oh ya. the old dog pooped on the carpet story. suppose friday night is off as well.
1:14 Leverage is prudent said Rabobank ex-CEO Heemskerk.
No reserves is suicide and the know it. This is done deliberately to bring in the NWO after the next crash!
@EB,..RE: $1,386,929,552,638.63,..
Work out how much those same folk collect and where it goes?
How does that song go again,..
http://www.youtube.com/watch?v=nIk0bOlYYfM
progressivism =fascism
The Cost Of Defying Obamacare: $2,250 a Month And IRS Goons Pointing Guns At Your Family
http://www.prisonplanet.com/the-cost-of-defying-obamacare-2250-a-month-and-irs-goons-pointing-guns-at-your-family.html
ill take your bet max, free lunch if there is a financial collapse in 6 months.
its not like ill ever have to pay if you win. anyhow next time you in australia after i win look me up. hahaha
Indian state asks Coca-Cola to pay $47m compensation
Coke held to account. I’ll bet against it.
http://news.bbc.co.uk/2/hi/south_asia/8580339.stm
Indeed more deleveraging down the road! DEFLATION
U.K. inflation pace slows more than expected http://www.marketwatch.com/story/uk-inflation-pace-slows-more-than-expected-2010-03-23
@ron ron
Gotta go! Dog just pooped on the carpet in the living room. Check in with ya’ll later!
@Max & @Stax:
Here’s an interesting statistic that I’ve just calculated related to the health bill:
16,500 new IRS agents.
Assumtions:
Ave starting DC wage: $75,000/annum.
Period of taxpayer cost: 60 years (including retirement).
Conservative annual compound rate 5%.
Total fixed cost to taxpayer (excluding expenses and other benefits):
$1,386,929,552,638.63
Now there’s change you can believe in!
Woohoo!
@ WL
actually I pretty passive in my defensiveness….most anarchist are hyper aggressive types…but its a young boys philosophy so maybe that would explain it…by the time you get a couple years on you…well you mellow just look at Chomsky
@chArles,…There ya go,.I can guarantee you taught quite a few folk some interesting info’ just then,..
I love your writing style BTW,..and hope you get well soon! : )
What the MSM has a little balance for once?
Health care and financial reform.
http://www.nakedcapitalism.com/2010/03/jane-hamsher-discusses-health-care-and-financial-reform-on-dylan-ratigan.html
@Max,…I’m really gutted you didn’t ask Greg’ my ?,..
hey hoe,..never mind, I’ll get over it in time,.WAAAAAHHHH!
@Charles
You have an odd defensive perversion. Are all anarchist so overly sensitive and distortionists…
I was only pointing out that Statism is not defined through morality
well actually I am still sick…some form of upper respiratory ailment just hope I have drugged myself free of bronchitis
as to shying away from debate..nope I’m Scot Irish there is only one thing we like to do more than to engage in a good fight
but if one side of the argument is to just yell obscenities (Mao is an obscenity) what is the come back?
to rationally point out that in actuality what Mao purposed during the cultural revolution had little to anything to do with maximizing equality or personal freedom but instead was just a power grab by an aging leader who believed he was being put out to pasture?
my comment concerned that Liberal democratic governments engage in confiscation of wealth and liberty in the pursuit of minimizing social instability by paying off the lower strata of the economic system…while conservative democratic governments engage in confiscation of wealth and liberty in order to increase the amount of control they have over the lower casts
now the debate is if I’m gonna be in a cage I take the one that is at least better maintained….so I stick to the point there is a difference…to argue otherwise is laziness…and to go nuclear with tossing out a man who is responsible fro 50+ million deaths is childish
If the word ‘enough’ was changed to ‘even’ my last statement might actually have made sense…
@Ingrid. bright and clear. hahaha. you start them young.
Health care org chart
Ha Ha now I get it.
http://www.house.gov/apps/list/press/tx08_brady/health_plan_org_chart_jec.jpg
any blues fans …
http://www.bluesradio.co.uk/
@WL
‘This volcano in Iceland may have a very serious impact..’
Those damned Icelanders keep pumping CO2 into the environment. Need to levy some heavy CO2 taxes on those folks…that’ll help reduce it….
@ Ron ron
Yup! Molson Canadian! How else could I be on the computer all day?
@Max
Hey, cool. Thanks for taking my question (@ 25:07). And though I think the intepretation was a little bizarre, I found Greg’s answer pretty interesting. He obviously is aware that some symptoms of inflation have begun to manifest in the US economy (enough if he still believes in the powers that be to manage the situation) But even this small recognition is a point that few other analysts are willing to admit or show awareness.
I personally think the sand is slowly slipping from Bernanke’s ever tightening grip.
8,000 NYC Teachers About to lose their Jobs – Bloomberg warns of mass layoffs if state imposes cuts http://abclocal.go.com/wabc/story?section=news/politics&id=7343487
@chArles,…”.I am sorry have little patience with HACK debating styles”…
Why’s that then CHaRLY!,..you seem like a person who has a lot to teach folk!
Or are you still ill?
I seriously wonder why folk get so frustrated when debating,.maybe you could explain,..: )
Seems that gold just can’t get enough of 1100…on it’s way it’s down…
@ Mep
just the other day watch a CNN report touting the great return on investment by Alabama by allowing the state to invest the retirement funds of the citizens into new business ventures…Clinton wanted to do the same but the great national hero Monica threw herself into the oval office and stopped a partial privatization of social security
the powers that be are truly befuddled the wisest of them are just trying to cash in while most just look crestfallen at their G-d that failed awaiting his resurrection
@Ingrid. not that desperate. do they drink beer?
@ron ron
Then take mine for a week
@Mep
All we are seeing is the methodical harvesting of the spoils of a broken system. It is eating itself up from the inside..It has nothing to do with reality.
@Ingrid. wish my kids (men) were home.
@Norcalkid,…”Never in history has there been a empire that trod lightly upon its subjects”
Don’t take offense to this ‘kid,.but how do you know this for sure?
Maybe the info’ you received was put in place to make you believe this?
Maybe if you really believed it, you would be unable to see any solution?
Are you able to discern every piece of information coming in through the senses,..(Study shows folk are only conscious of approx’ .0005% of 14000000 pieces of info’ that is picked up by the mind every second)
Did you know,.out of all the folk who were asked, if TV had any effect on them,.90% said NO,,.but contrary to “their” opinions 90% of the folk that were asked purchased things that were advertised on TV !
The point being,.never be to sure,..and don’t get stressed about it, it’s only a ride,…(Bill Hicks RIP) : )
@ WL
I will be as kind as I can here…STFU….I am sorry have little patience with HACK debating styles….do not throw Mao at an anarchist that is idiocy…Mao’s Cultural Revolution was an impotent man desperately trying to assert control over the political situation that was slipping from his grasp…it had NADA to do with anything resembling reforms my side of the argument purposed ever in history, Same with Stalin, Same with Lenin, Same with Hitler…grow up….to suggest this is just laughable and a cry of desperation
The U.S. House of Representatives passed legislation known euphemistically as “health care reform”. They also passed a bill to increase the tax on investment income by 3.8% for those couples earning $250,000 or more per year, and to increase the tax on earned income by 0.45% (0.9% for self-employed individuals). While the tax increase is allegedly to pay for the health-care provisions, the reality is that it will not be targeted for that purpose, but will go into the general fund. Therefore, the 3.8% investment tax increase is really going to pay for the massive stimulus program, “cash for clunkers”, and similar clunky legislation that had no beneficial impact whatsoever except to increase the federal deficit. In the future, there could well be additional programs to bail out homeowners who bought houses they knew they couldn’t afford, to subsidize banks which should have been allowed to go bankrupt, and probably additional future stimulus plans and other wasteful government programs. It would not be surprising to see additional tax increases. Since it is politically much easier to raise taxes on investment than to impose gasoline or value-added consumption taxes, Congress and the President may well continue to behave in this manner especially if they believe it will not noticeably impact their chances of re-election.
@ron ron
I’m here to keep my sanity…kids at home all week ’cause of spring break
@ Max – I want to be ambassador to Israel.
Israeli think tank smears Naomi Klein.
@max
if you become president of greece,
can i be your ambassador to italy?
pretty please?
Joe Biden is hilarious.
@Youri. i see you need a job as well. hahaha
30 Million Kids Got Rotarix Vaccine Tainted with Pig Virus http://www.cnn.com/2010/HEALTH/03/22/rotavirus.vaccine/?hpt=T2
@Max. that’s a safe bet.
don’t worry it wont harm your kids. http://www.cnn.com/2010/HEALTH/03/22/rotavirus.vaccine/?hpt=T2
I”ll be the President of Greece before Ron Paul is the President of the US
@ norcalkid – The quaint notion of individual liberty only works when there are very few people around. The West has closed (circa 1905) and the last Earth frontiers have been conquered (or at least mapped by satellite).
Yep. That’s why “expanding the frontier” now means doing things like privatizing social security, privatizing wars, privatizing natural disaster relief efforts, “creating markets” in national security/surveillance, privatizing water and other resources, privatizing prisons and schools, forcing people to buy for-profit “health insurance,” etc. It will be interesting to see what happens globally when “frontier expansion” meets its natural end–either because there are no new frontiers left, or there is open revolt a la Max’s “global insurrection against corporate occupation.”
bernake is finally admitting to the fact that the entire global fiat/debt currency system is nothing more than a private bank run ponzi scheme,
having a system based on zero reserves is the definition of fraud, this rather stark admission should come as no suprise to this audience. Big ben has admitted he has a problem, and that he is powerless under the influence of free-money, will this lead him to seek help from a higher power, apparently he is in close contact with his sponser, goldman sachs.
This volcano in Iceland may have a very serious impact..
Iceland volcano could have world consequences
1783 eruption changed weather patterns, sent poisoned air to British Isles
Iceland’s Laki volcano erupted in 1783, freeing gases that turned into smog. The smog floated across the Jet Stream, changing weather patterns. Many died from gas poisoning in the British Isles. Crop production fell in western Europe. Famine spread. Some even linked the eruption, which helped fuel famine, to the French Revolution. Painters in the 18th century illustrated fiery sunsets in their works.
The winter of 1784 was also one of the longest and coldest on record in North America. New England reported a record stretch of below-zero temperatures and New Jersey reported record snow accumulation. The Mississippi River also reportedly froze in New Orleans.
http://www.msnbc.msn.com/id/35988484/ns/technology_and_science-science/
@Y’all. sorry i post so much but i have no work and it helps my sanity.
@chArles
How many of his own people did Mao murder?
Morality has nothing to do with it.
@norcalkid. yep all theater. money is paper and they know it.
@ charles – We Don’t Know What to Do. Exactly. But Bernacke DOES have some other ideas about where to find money.
Like, Dudes, Dudettes-
You are missing a point… the more people there are in a country, the larger the government and amount of government rules. More population = more rules. The quaint notion of individual liberty only works when there are very few people around. The West has closed (circa 1905) and the last Earth frontiers have been conquered (or at least mapped by satellite).
Never in history has there been a empire that trod lightly upon its subjects. And the US is an empire, like it or not. It is also a failing empire. The left-right arguments are merely like rearranging the deck chairs on the Titanic. The ship will go down anyway.
In the Big Picture, the health care bill is just for show. Within five years, the country will be so broke that it will cease to function. That is my prediction.
@Phil
Maybe this analogy works: Hyperinflation is like a fever. It risks the lives of the cells for the benefit of the body..Wiemar hyperinflation was a solution just like the current monetary policy is, at the expense of the people today. The alternative is amputation.
I don’t buy into the Left Right dichotomy…that there is a equal level of repulsiveness…one side wants to take your money and property by force to pay off the lower cast to prevent an open revolt….the other side wants to take your money and property by force to pay for prisons an sticks to beat the lower cast to stave off revolt
both sides are not morally equally there…to suggest there is is laughable
@P/G. good article but he’s wrong about the can and aus dollars. quantitive easing has taken place everywhere to hide the dollar pound problem.
USA health care
Chris Rock
http://www.youtube.com/watch?v=G7P4iFg048k
@chArles
Strip it down to the bare bones. There is a role for the State. The issue is who decides that role. I would contend that elites have control and have expanded the State and defacto their own power. Society should make that decision but they are incapable under this corrupted system of false choice. So, left or right statism grows until it collapses, unfortunately that’ll be very ugly.
Why the US Health Care bill doesn’t add up…A Canadian perspective…
http://www.theglobeandmail.com/report-on-business/final-tab-for-us-health-bill-doesnt-add-up/article1508580/
@ Mep
I agree…I just believe they have no other answers…I’ve been joking for a couple years that “America patiently awaits the next bubble, the only thing that can save the Nation” America is absolutely clueless about what to do next, how to regroup/remake its economic house and the parasite (FIRE economy) control is absolute just look at the recent Health Care debate
Bernnie doesn’t know what to do, neither does Timmy…in a couple years they’ll be cramming down austerity measures to “Save” the “Economy”
We Don’t Know What to Do
Being cowards, Congress and the President naturally decided that the tax increases would not begin until January 1, 2013, instead of January 1, 2011 when all other tax rates will revert to what they had been in the final years of President Bill Clinton’s administration. There is a silver lining in this postponement, since anything which is postponed may perhaps be repealed.
PARALLELS OF WEIMAR HYPER-INFLATION
Hyper-inflation remains a threat, as parallels are strong with 1922 in the Weimar Republic of Germany. Ben Bernanke has been set in contrast to Rudolf von Havenstein, the central banker responsible for Germany’s hyper-inflationary period. The parallels are absolutely shocking between the US climate of 2010 and that of the infamous Weimar Republic. Despite 1922 being such a long time ago, the more advanced and sophisticated financial framework and government actions bear frightening parallels to the Weimar Republic. Grasp the parallels. They are as lengthy as they are ominous in foretelling price problems dead ahead.
http://news.goldseek.com/GoldenJackass/1269374400.php
no end in sight. http://news.bbc.co.uk/2/hi/uk_news/politics/8580183.stm
Sry for typos. Typing on my phone.
@William of the North
I agree. Dr. Paul is a true gentleman, a man with integrity is hard to find these day.
Meanwhile, Mr. Buffet…
http://www.youtube.com/watch?v=R2F_hGwD26g&feature=related
@ Charles – re: increasing the amount that could be lent out, I can see how that argument could be made… just don’t see how someone like bernacke could make it given that a)overleveraging coupled with both accounting fraud and low reserves played such a large role in the collapse, and b) total household debt on the US is already = to the annual GDP. So sho in the heck would borrow? Speculators? How long can that illusion sustain an economy?
@ WL
I know as well as you do that my point is do not throw around loaded terms…its asinine and destructive to reasonable debate…my side crippled Debate in the 1800′s by throwing around those terms and locked my side of the debate out and isolated us to the indefensible position of “guns and dynamite” of individual action
I believe all forms of hierarchical structures must be challenged, but those that are democratic in nature are less repulsive than the arbitrariness of those in the market driven world…several of my interlocutors here seems to have no qualms with surrendering rights to economics
@doomed – yes, a handful of states tried pushing for single payer … Knowing that it is the most humane, fiscally conservative, freedom-enhancing Intelligent thing to do.
@ Mep truthfully I see it as more of a way for the FED to dodge accountability when the future crash happens, but I guess the argument would be that removing this restriction on capitol would increase activity or the amount that could be lent therefore stimulating growth
One for the natural climate changers
Iceland’s eruptions could have global consequences
http://news.yahoo.com/s/ap/eu_iceland_volcano
@chArles
As you well know it includes mercantilism as well as overt oppression.
stat·ism /ˈsteɪtɪzəm/ Pronunciation Key – Show Spelled Pronunciation[stey-tiz-uhm] 1. the principle or policy of concentrating extensive
economic, political, and related controls in the state at the cost of individual liberty.
Derivatives Quadrillion Play: How Far Away Are We From A Second Financial Crisis?
http://www.huffingtonpost.com/dk-matai/how-far-away-are-we-from_b_509536.html
Greece IMF? http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/7494718/Has-Germany-just-killed-the-dream-of-a-European-superstate.html
Did people ever consider the option of pushing health reform individually and collectively state-by-state, to find ways to (1) protect the uninsured, (2) protect against pre-existing conditioned applicants, (3) catastrophic care, (4) controlling costs through market reforms, tort reform?
Why are we always looking for an all-powerful “daddy” to fill the gap? Why don’t constituents within a state demand what is best for those residents in that state?
If only the competition among states was heightened more than it is and not obscured by a “federal overlord”, perhaps we would be in a better condition, economically and socially.
I will the rue the day of my chains. Because in this direction, we are going to allow the Federal Government to get larger, more bureaucratic, more hostile, more intrusive…and more evil.
There was a healthcare problem…and “satan” saw his opening and took it and filled the void.
@Mep
Market fundamentalist = Central planner. No reserves = Arbitrary power
Found an old archive news report. I wonder if Warren Buffet was in Montreal at the time?
http://www.youtube.com/watch?v=PLXMkdAXDZw&feature=fvw
http://www.youtube.com/watch?v=a-88Bj-KGd8#t=5m22s
Can anyone here put on a market fundamentalist hat for a few minutes and explain how allowing banks to keep no reserves would benefit the economy?
Serious question. I would love to see Bernacke explain his rationale to the public at large.
Youknowwhat? Kazoo time!
@William of the North
Agree re Ron Paul is the antistatist
He is not a Statist and that is why the right and its cohorts hate him and marginalize him.
New ACTA leak: 01/18 version of consolidated text
http://www.laquadrature.net/en/0118-version-of-acta-consolidated-text-leaks
@WL. when you see bill and george in haiti trying to make a few more bucks you understand the right left thing.
@max
‘threading the needle’?
your restraint was hillarious, (the kid did seem a bit fragile)
‘hitting the needle’ is more like it.
spoonfull of ‘zero reserves’ anyone?
Howlin’ Wolf – Spoonful (1960)
http://www.youtube.com/watch?v=6TwEYuues6Y
please define STATIST, as an anarchist I know how loaded the term is and know my side slung it around against the Communist more than the those who supported Mercantilism…even though the ladder was the greater immediate threat
@WL. i think there all selfish and would rat on each other in a second. these people have no country and are ready to leave at a moments notice.
@ WL
Ron Paul is not a Statist.
Bill make Health Care worse.
http://www.youtube.com/watch?v=w0lA6XCt3gM&feature=player_embedded
And I am biased towards my children’s FREEDOM!
@ronron
right on, it is always easier to be critical of those in power at the time, therefore it my appear to be political survivorship bias
@Gordo
Come on, you don’t actually believe that the right has caused everything.
They are all corrupt. They are all Statists
Maybe check your own bias…
I like Max, but is no Ron Paul
Banned ABC interview.
http://www.youtube.com/watch?v=A6a9549ZeqQ&feature=related
@WL. i try to hate them all the same. it’s difficult.
I just voted for Max as President for Greece on http://omadeon.wordpress.com/#pd_a_2913594
But I have to admit, I did feel torn between being a masochist for Max or horny for Goldman. Decisions, decisions…Max crack that whip…
http://www.youtube.com/watch?v=IIEVqFB4WUo
“False, I will criticize all sides. To paint me as a righty because I criticize the left is a strawman. I criticize those in power, it happens to be left mostly right now as they have power globally. I was as critical of the Bush/Cheney cabal as anyone.”
That statement demonstrates what you are, the right dominates every aspect of every thing. Top to bottom.
More likely though probably just realizing that the right has fucked everything up so much that you are using the usual RW tactic of deflecting all blame onto the left as that is the only cover the right has “LEFT”?
You have not been smeared you are warped.
@Stacy et al on Inflation / Deflation
Both can happen at the same time. In a serious economic crisis overpriced speculative asset bubbles decrease, whereas day-to-day neccessities (which have been excessively cheap), e.g. food, energy etc. increase:
“Important is to UNDERSTAND a hyperinflationary depression sees simultaneously and FALLING prices (HOCG) and rising prices (LOCG). [HOCG = High order capital goods (ex. Real Estate) – LOCG = Low Order Consumer Goods (ex. energy and food) ”
See:
http://www.goldonomic.com/(hyper)inflation_&_locg.htm
@ronron
The MP story is not the issue. It is incumbent upon everyone to point out conformational bias. WE all have it, We all deny it. Challenging that bias makes us better critical thinkers and human beings, whether we know it or not.
I challenged Stacy to make her think about her own bias. I would expect the same.
Jim I can listen to, he says move to Asia and he leads by example by moving his whole family there. but this guys says go to Asia but can’t even go down the street to get a hair cut.
@ella. you can vote at the page. other thread. stacy put it up.
can somebody make a max keiser for president page. i want to see if this goes anywhere?
off topic. same shit different team. http://www.youtube.com/watch?v=EJz_xZZOnE8&feature=player_embedded
i should have worn a puffy shirt.
@WL.this story is all over the MSM so it’s not something Stacy should drone about. outrage stated. move on.
good show as always….the comments as always run the same well trodden path
@ronron
Yes, that is the point I am trying to make with Stacy but she keeps smearing me as a rightty whenever I criticize corruption on the left. I am criticizing corruption period, it happens to be left only because they have power now.
It is clearly the elite banskter political control of the State right and left vs its people.
There is no doubt that if the right was in power and these politicians were on the right, Stacy would be all over this story. No doubt.
I say give this story the importance it deserves independent of the right left paradigm.
@Mother Earth
In that case it sounds like a good way to stop speculation in derivatives.
@Elwood Anderson
My two Krona..Aren’t you falling into the trap of thinking there is a there there? These are contracts for low fees without reseves but with a high payout. The do not represent anything other than a potential obligation to pony up money (which we know is not in store). Levying a 1% would (I think) completely wipe out the market as it may be so little or even less real cash is going around (but there I may exagerate).
@stacy thanks!
According to this article: http://www.bloomberg.com/apps/news?pid=20601087&sid=a1BR_Tl.zPAo&pos=6
“JPMorgan, Bank of America Corp., Goldman Sachs, Morgan Stanley and Citigroup Inc. executed 96 percent of the $293 trillion in over-the-counter derivatives trades made by the top 25 U.S. bank-holding companies and their customers as of Sept. 30, according to the Office of the Comptroller of the Currency.”
This suggests that a one percent tax on derivative trading could finance the entire US budget.
What do you make of this?
@WL&Stacy. there are no teams. people are fooled to take sides on meaningless drivel while the criminals laugh at them.
Why the Health Care Bill is such a disaster…
http://www.theglobeandmail.com/report-on-business/final-tab-for-us-health-bill-doesnt-add-up/article1508580/
http://www.suntimes.com/news/huntley/2116909,CST-EDT-HUNT23.article
And look what financial advisors are adding to their portfolios…
http://www.theglobeandmail.com/blogs/markets/bill-miller-on-health-care-stocks/article1508264/
@Max
Whop- pah! Let’s smash some plates in honour of Max and Stacy!
@DepressionAlert – this issue is addressed in the conversation; it depends upon how you define inflation and deflation; is it always a monetary phenomenon then you see in the M3 numbers here: http://www.shadowstats.com/alternate_data/money-supply-charts there is massive deflation; that shows even more dramatically in the velocity of money; but CPI is up but that is measures something different to what M3 and loan velocity will capture: http://www.shadowstats.com/alternate_data/inflation-charts
@Phil
Bernanke will stare out of a window one day and continue to do so for a billion years as he feels his fungal mind collaps in a puff of pollen..
@stacy
False, I will criticize all sides. To paint me as a righty because I criticize the left is a strawman. I criticize those in power, it happens to be left mostly right now as they have power globally. I was as critical of the Bush/Cheney cabal as anyone.
The left has completely failed to hold its own accountable enabling corruption and creeping Statism. Just as the right did when they had power.
@Elwood – we had a discussion in a previous thread about that chart; you might want to check it out here: http://maxkeiser.com/2010/03/21/debt-saturation-the-most-important-chart-of-the-century/
Real US inflation is close to 10% this year and rising not 3 according to shadow stats. What’s with the spin, on inflation Mr.Gregory White. What are you covering up, or why are you circle jerking us in a public spotlight opportunity is my real question.
@davem – bravo! good comic strip, captures the debate on this thread
What do you make of this chart? This guy contends that we are at the point where incomes can’t meet the requirements of debt service.
http://economicedge.blogspot.com/2010/03/most-important-chart-of-century.html
I traveled trough Zargeb in 1988 when inflation was 40% per month (or was it 400). Not wise to cash in travelers checks before yo use the cash, no items in the supermarket (very big, but empty. Successive hamburgers would have less garnish (first one comlete, second one no lettuce etc.) But Holland had virtually no inflation.
short comic/ cartoon strip about family arguments: http://davemiller.org/drawings/people/fa_23_feb.png
What the FED is effectively saying with the “we do not need a reserve requirement” is :
# We control the money
# We decide what it is worth
# We will decide who gets it
# We are Saints… No, we are God .. so you can trust us completely
Their arrogance can only be accepted if they truly were “God” !
@WL – I’m saying that you have obviously NOT listened to one single Truth About Markets story; we have been talking about Labour non-stop for five frigging years; we have already covered this story over and over on our radio show; it’s old news now; I hate the Labour with every ounce of my soul and their continued presence on the daily newspapers contributed greatly to my leaving there because I didn’t have to listen to or read about any more of their lies and at least in France I don’t have to listen to or care about the lies and corruption of this govt; and re: the UK, I am positive Cameron / Tories will be the exact same, I can’t think of much they would have done differently; again, I posit that you are hoping to find an imbalance skewed in the direction that favors your personal position on the right / left scale
@stacy
Do you actually believe that > if these MPs were on the “right” and the right was in power that you would not be all over this story?
I am saying that you should be paying more attention to it, not because they are right or left but because it is an example of systemic political corruption.
sorry for sounding so arrogant and impolite, but this guy has me steaming. he sounds like a propogandist shill.
This kid sounds like has been doing alot of reading, from shoddy at best economic books and pamplets. He’s a REPEATER. Give me a break Max I respect you and your lovely partner Stacy’s opinions. But this is just pure BULLSHIT , how about something original.
@WL – sorry, but I believe you are selectively reading our headlines that probe the ‘right’ and not looking at the same that probe the ‘left’; I don’t see much if any difference between the two sides on markets or finance; the only real difference in the US right/left paradigm is on social issues and well there I will be for what the left stands for, I’m not for restricting women’s rights and I’m not for bashing immigrants, etc.
@Max. you can learn.
I disagree with almost everyhting this guy is saying. SHEEP leading SHEEP.
@stacy
This latest story is huge and I am sure both Teams do it. No doubt, but you tend to mitigate the lefts malfeasance and enhance the right. All I suggest is even exposure. I am not promoting the right in any way. Political corruption by all sides is the fucking cancer and the reason that the people have no representation in the system on either side.
The real problem is that those on the left do not hold their own accountable and those on the right do not hold their own accountable and that has led to as you call it blue team red team BS.
Dance! Did you say dance!
http://www.youtube.com/watch?v=jeNsr_nQEfE
when to sell your gold. http://www.zerohedge.com/article/dylan-grice-discusses-when-take-profits-gold-hint-not-long-while
@WL. i posted that story yesterday. now a vid. cool.
@WL – I know you like to play that Red Team / Blue Team thing; but we’ve covered Labour sleaze over and over and over again, every week on the Truth About Markets for 5 years now; sorry that I attack the Red Team sometimes, but we also do it to the Blue Team too
I guess corruption on the left is OK, if this was on the right Stacy would be all over it like a wet t shirt
UK MP sleaze continues
http://www.youtube.com/watch?v=F-6auGQ2eIc
Traditional Greek garb,.
http://www.oramaworld.com/images/stamco/217101_100.jpg
And of course one for Maximus Decimus Keiser:
http://upload.wikimedia.org/wikipedia/commons/0/09/Friedrich_von_Amerling_003.jpg
I tink ta crap is gonna be introduced tto ta Fan
No reserves No auditing , I better Replace me Ink Cartridge in me Printer
Planning to Open a Bank “Bonn Banks”
lolololololol
Hic
http://www.impeachobamacampaign.com/
a children’s crusade to Asia….led by Jimmy Rodgers….exquisite. Romanov’em or export’em….both work for moi.
Max….was that reverse child abuse…or, what??
I know….kiddie financial porn.
someone tell the kid….credit ain’t capital….credit is a CLAIM on capital….if anything should be understood at this junction….it’s that.
Debt is still Money….that’s got to be “addressed”(Fk Basel),,,in the meanwhile; no debt; no money.
Well, Keiser does mean King doesn’t it?
oops. Still honored to be second.
I’m so honored Mr. President to be first!
Peace.