Stacy Summary: Max Keiser gets quite a cool mention in this one. Would love to hear your thoughts below on the argument of not paying!
What if Greece, and the Pennsylvania school system, and Jefferson County, Alabama, and the countless other municipalities and states that are wrapped up in these corrupt deals just decided to declare their debts illegitimate and back out?
UPDATE:
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@PIGDOG
It’s what will happen. That or paying 20 or 30 cents on the dollar.
@ Bonn
Check these photos out.
http://www.freerepublic.com/focus/f-chat/2458646/posts
Where there is FRAUD in the contract there is no valid contract from my understanding. However, since apparently the US Corp(gov) is corrupt and chances of getting justice are somewhat uncertain when one challenges the wall street mob. I would issue a 70 year promissory note and discharge the debt. They will just have to wait.
Lets declare a Jubilee year like the ancient Israelites were all debts are forgiven and the slate is wiped clean.
@stacy I’ve just twittered paul mason asking to invite max
@Kitty
I just the expression “Hung parliament” I see them all hanging. Boy what a strong metaphor ! “Hung parliament”. Kitty hang them all ! You have to castrate the buggers. Castrate them. Paralyse them. A good dose of Botox for the british political arrogant and corrupt class. When will you have a “hung City” too. Who votes for these buggers in bankstering anyways ?
@davem – I doubt Newsnight would have Max on as a guest!
A little insight into how it works,…..
Folk are extremely fickle,.they never vote parties in,..just the other fkers out,..
When the term is up,..the process is repeated,..go figure
@kitty we’re neighbours (croydon north)! I totally agree about the bloody nose and it’s time to clear the decks… I’ve no idea who to vote for – I feel I should – but who or why?
@max can you please speak on newsnight?
@kitty,…..Doesn’t matter who you vote for (it’s a show for the public)
Cameron has already been earmarked for Prime Arse hole ,..
‘A Conservative government will scrap these Euro plans and save the English Channel”
(From previous article)
These are the games they play to get the “voters” on board,..then of course go back on their words,…(nothing new),…Life’s a stage, there are puppets, actors and of course the audience,..go figure
No more bananas; turnip anyone?
I am voting for the mother of well hung parliments. In fact I am off to check I am on the electoral register today. Right now! Going to vote anything but the main two. Probably libdem. Don’t have a clue what Croydon (South London) is at present. I don’t vote so it I am bothering it makes me think something odd may be more likely. Just got it in my head that the UK going belly up is the End of the Empire and a coalition will help stagnate the water and get us there.
Like an old bucket of piss that has sat in the corner so long the dust has settled on it. Just one shake and the stench would floor a horse.
BTW I want UK to take it’s medicine, receive a bloody nose and get up. Not just fail but get over this 30 years of BS with it’s sell off leech economics.
@Youri
AND NOW ALUMINIUM.
It attacks the brain but has a predilection for children and the women foetus.
Even in very small quantities. Like I said American Nazi eugenists operating in Nato and the White House. These projects have nothing to do with the environnement. They are fine tuning their pesticides.
READ. Justt google it.
====================================================
Aluminum neurotoxicity in preterm infants receiving intravenous-feeding solutions.
Bishop N.J. – Morley R. – Day J.P. – Lucas A.
From: N Engl J Med (1997 May 29) 336(22):1557-61
Aluminum, a contaminant of commercial intravenous–feeding solutions, is potentially neurotoxic. We investigated the effect of perinatal exposure to intravenous aluminum on the neurologic development of infants born prematurely.
RESULTS: The 90 infants who received the standard feeding solutions had a mean (± SD) Bayley Mental Development Index of 95 ±22, as compared with 98 ±20 for the 92 infants who received the aluminum-depleted solutions (P=0.39). The former were significantly more likely (39 percent, vs. 17 percent of the latter group; P=0.03) to have a Mental Development Index of less than 85, increasing their risk of subsequent educational problems. For all 157 infants without neuromotor impairment, increasing aluminum exposure was associated with a reduction in the Mental Development Index (P=0.03), with an adjusted loss of one point per day of intravenous feeding for infants receiving the standard solutions. In preterm infants, prolonged intravenous feeding with solutions containing aluminum is associated with impaired neurologic development
@Youri
As usual. It attack the brain. Brain swelling. Who woudda thunkg. Keep them dumb and stupid. Experiments in reality to see if you can fabricate mass retards. That what they really think about you. They want you retard. Or dead. American Nazis.
————————————————————————————————-
Those barium compounds that dissolve well in water may cause harmful health effects in people. Ingesting high levels of barium compounds that dissolve well in water over the short term has resulted in
* Difficulties in breathing * Increased blood pressure * Changes in heart rhythm * Stomach irritation * Brain swelling * Muscle weakness * Damage to the liver, kidney, heart, and spleen.
We don’t know the effects in people of ingesting low levels of barium over the long term. Animal studies have found increased blood pressure and changes in the heart from ingesting barium over a long time. We don’t know the effects of barium from breathing it or from touching it.
——————————————————————————————–
COOL indeed. I have no doubt. USA is runned by Nazis eugenists.
Don’t forget it’s sprayed like a pesticide.
5.6 mill views
Cool
The Obama Deception HQ Full length version
http://www.youtube. com/watch? v=eAaQNACwaLw
Whoot whoot
Hic
Aluminium is connected with Alzeimher. Barrium to an impressive list of diseases too. Now why in the hell would these Nato/Pentagon bastards spray us with that shit ? It has nothing to do with controlling temperature and fighting global warming. Theses pollutants in the Saint-Lawrence river killed most of the whale population. Major problem ? Sterility and cancers. Specially alumium composites in the water.
Europe should join Russia and declare war to USA and UK. Yeah I am kidding. But the more and more I read about the chemtrails the more I start getting it. The Nazis speak english in 2010. All these chemicals compounds create serious allergic reactions. Why ? Hummm ? Indeed. It’s start with severe allergies and ends with cancers. I am start to catch it. USA is runned by eugenist nazis. Check the toxicity od barrium and aluminium. These are not neutral substances.
European Parliament Questioned on Chemtrails
http://www.infowars.com/european-parliament-questioned-on-chemtrails/
Wow, the SEC actually profited from fanthom shares! http://www.youtube.com/watch?v=Xoglm_HcPzs
So much from sting operations. If you want to stop crime, stop it!
Wonder what stupi Gordon Brownshirt slogan his gang will use.
” Yes we can screw you again. Change Change Change. Richer that ever. Vote stability. You didn’t want it, you’re gonna it you stupid british slaves.
For the banksters by the banksters. A New Age has begun. Time to die “
United Kingdumb to pools next month. May 6th 2010
You a choice between the red City fuckers and the blue City fucker. Britishittie democracy. Gordon Brownie is assured being reelected by his farts brain dead electors. Just wait after the election you slaves.
http://www.france24.com/fr/20100405-royaume-uni-gordon-brown-convoquer-legislatives-6-mai
LOL,…The agenda is well on it’s way,..do away with nation states,..English channel to be re-named “Le Pond”,..
Bring it on babe! : )
http://www.dailymail.co.uk/news/article-1263468/Eurocrats-want-spend-1-1m-changing-English-Channels-Le-Pond.html
If a debt is “fraudulently induced,” it can be invalidated in whole or in part.
Then what are they waiting for ? You just burn the books and say, forget it you godamn Goldman Sachs and JP Morgan, tough luck. That’s what I can’t catch. Why is it only Iceland that has the courage to act against these banksters. It’s clear these debts were fraudulently induced. Jamie Dimon, Lloyd Blankfien, Mister Ackerman and all the globalist banking mafia should be put in prison for 200 years with their buddy Bernie Madoff The proof is in the pudding. .
IMF I Might Fart. END THE IMF.
Seems like Max’s dream is coming true…
while we are at it…why not max out our credit cards…and not pay that too?
@CAF: Thanks for increasing the economies of scale for this project!
There was a time when we knew the emperor wore no clothes, and the optimists (& or fools) among us thought that if we could replace him, we might change something in our world, and reverse the slippery slope of destruction, cruelty, collapse and de-modernization that we were all on. Here on this site, and on a few others, the community has become aware that our future will be grim as the dark side is swallowing us, and will obviously swallow itself in the process. No gradual adjustment awaits this civilization.
We who have watched this train wreck unfolding over the past 5 years (or more for some prescient souls) gradually notice other groups become aware and start to take action against whoever they perceive the enemy to be. Still drugged by the pretty pills of propaganda thrown their way over the years, they lash out at other victims and continue to vote against their own economic interests. Ironically the whole operation continues under the same power structure that cloaked itself in the false flag of national security. Darth Vader in shimmering Golden Slacks now stalks Wall St. and the City of London (he left his helmet there!), replicating himself in every world capital, and even in whoville. We await his unmasking and marvel daily at his many guises. It is so painfully obvious to us now that the whole evil empire wears no clothes. Why can’t everyone else see it?
The wisdom of the east tells us this is all an illusion. Humor is another way to keep this perspective, and in the midst of this unfolding tragedy Max has us ROTFL daily! He also has a very simple proposal. It will be denounced as heretical, but it really is the only possible outcome, whether it comes now, or is pushed into the future on a contract. Could we dare hope that Mike’s TOB will evaporate most of the dark matter? Is it even possible for any human on this planet to do the math?
Maybe if others follow suit and tell the “Wall St Bin Ladens” to categorically
“GET STUFFED” others will do the same and the resulting wave of defaulters will force changes to be made. Seems like things have gotten WAY out of hand and some ass kicking is required. America needs to grow some balls and instead of invading Middle Eastern countries how about kicking some ass on the home front for a change? As i’ve said since the beginning of this mess, the only terrorists you should be worrying about aren’t the ones sitting in a cave in Afghanistan making funniest home videos their the ones in the White House and Wall St you REALLY need to worry about.
Dyncorp and Haliburton pedophiles still doing human trafficking and sex slave in Irak ? But also in the USA ? Guess who’s in charge of the CPS in Texas, the “lovely” state ? DYNCORP ! An CIA subsidiary infiltrated with pedophiles !
You should ask Catherine Austin Fitts what she knows about Dyncorp. There is a connection with Republican party pedophiles, Bush, Lay and the CIA. We get the picture of what is really the USA today. A third world hell hole controlled by sick fucks. And they are all connected to the Pentagon, the White House and the CIA.
http://911review.org/Media/Dyncorp_sex_slave.html
Max and Stacy,
You have introduced me to the likes of Catherine Austin Fitts, Paul Craig Roberts and Mish Shedlock. I was already interested in Peter Schiff and Jim Rogers and I was happy to see them on some of your shows. But I don’t think I have ever seen you speak to Marc Faber. I know you’ve referenced him a few times. I would love to see you two interact.
He’s got that dark sense of humor that I enjoy. “We’re all doomed!” Classic. Please invite him to your set or speak to him by skype. Send smoke signals if necessary but get him on.
Oh and Stacy, I got the reference you made to my remark about “Civil Unrest Sundays.” But I didn’t get a shout-out, no name mentioned. Creative Destruction demands recognition. Creative Destruction is a friend to all mankind!
I have a name for the movement
“Take this loan and shove it” Movement.
“Loan Denyer Movement”.
“Zero pourcent interest rates Movement”
“Amnesic globalist lender Movement”
“The Me Too Goldman Sachs Movement”.
@max and stacy
With the uk election coming up – I’ve never seen a debate among uk politicians which tackles the financial crisis in the honest and educated way that you both do. Could you please interview a uk politician – vince cable? alistair darling? little george osborne? The uk public are in the dark and the media busily going on about the differences between the parties – please expose this. thanks, dave
Corporations do not have first amendment rights!
http://www.youtube.com/watch?v=Pa9RerClRGM
Time to get together..Matt, Max, Douglas, Grayson, Paul, Schiff, Fitts, Faber, Nader, Klein, Wolf, Assange, Stiglitz..trhow together a few million for the grassroots movement (out of the Nader textbook) and you’d be chipping away at the Borg for real…
“Want to know what happens here ? I’ll tell you. Greece happens here.”
Karl Denninger.
http://implode-explode.com/viewnews/2010-04-06_GreecetotargetUSinvestorswithbond.html
Greece trying desparately borrowing in the USA from the same crooks that screwed them ! I call it suicide. And where will the US borrow from when everybody say to them “Go to hell.” like with Greece ?
@Max
Is this true ? How can they manage to hide such a number !
http://www.blogtalkradio.com/marketticker
@Max
US GDP down 21 % !
http://market-ticker.denninger.net/archives/2162-FOMC-Lying-Reaches-A-New-Zenith.html
@Max
US GDP down 21 % ? You should invite Karl Denninger about his new estimates about the REAL US GDP.
Quite fascinating specially with a hysterical financial US market. It just proves that the stock market is rigged like the COMEX. Price is an indication of nothing.
And 30 cents on the dollar is, in the present context a generous offer and payable. Take it or leave it. 2/3 of the debts were anyways fraudulent. Why would you have to pays criminal scumbags from Goldman Sachs, Deutchsbank, BNP Paribas capable of paying record bonuses to their parastise traders and that have a 0% interest financing rates at the ECB. The Greeks should act quick against these crooks.
@Dennis
The lender has not all the rights. He take a risk. It’s never a riskless propostion. The Greeks shoud pay 30 cents and the dollar and to the lender go fuck themselves. They knew the risks. Same thing with Iceland. You say to the british and netherland banks. We pay you 30 cents on the dollar. Take of leave and that’s it.
Economic racism at the New-York Times. Not surprised at all. USA is going back to its roots as an esclavagist country. Not surprised at all it comes from a New-York rag too.
http://reallyfuckedhomeowner.com/2010/04/03/economic-racism-is-alive-and-well-at-the-new-york-times/?source=patrick.net
@ Dennis
Sorry if I sound unworldly but what would stop a private individual like myself from running up a massive debt before such a blanket debt forgiveness kicked in?
I could do with a nice flat with a big balcony so i can give my scumbag landlord the finger, a new Nikon, an X-Box 360 with ahuge plasma screen, a few pairs of Merryls, a decent suit, new mags for the Toyota (fckit those new Alfa Romeos look pretty cool!) and a long, long list of other things.
I’ve been religiously avoiding debt for years now and my only liability is an off-peak hours gym contract, so why should only the easy spenders get all their stuff for free?
I’m all for screwing the banking system but if there’s going to be restitutional looting i want in.
Actually, there could be debt forgiveness across the spectrum; all liens of any stripe become the basis of a new currency which is pegged to gold. Businesses, factories, homes revert to the owners, while the note holders are credited with the new currency in exchange for giving up their, albeit fraudulently acquired, interest stream. However—-there must be a general prohibition of fractional reserve lending from that point on, i.e. lending can only occur at freely determined interest rates from the existing stock of new money that is held in the hands of the note-holders, or from cash already existing in the system before the transition. Pretty unlikely scenario, but theoretically I think it would work.
@Paul
Good for you. It had nothing to do with God, much more with the Devil. Some of theses crackpots fundementalists are more obsessed with Satan than God. Catholic church today is not the worst of the bunch. Some of these protestant churches in the USA really make freak out. Specially the christian bomb lovers cooperating with the Likoud extreme right Israeli polirical movements. The christian right and the Israeli extreme right have something satanic in common; the obession with bombs and nuking everybody.
Miami USA. Don’t feed the gators and the homeless.
http://www.nbcmiami.com/news/local-beat/Dont-Feed-the-Bears-or-Homeless-87368952.html
USA NUMBER ONE ! In sum like in a trird world slum city.
Miami USA. 300$ fines for feeding the crocodiles AND the homeless poors.
http://www.google.ca/search?sourceid=navclient&hl=fr&ie=UTF-8&rlz=1T4RNWN_frCA265CA265&q=Miami+want+people+to+stop+feeding+the+homeless
Can you wait seing all these FEMA concentration camps operating full time in Obananaland ? Just can’t wait. Homeless are considered in Miamin a nuisance like the alligators. Should get rid of the alligators at the White House and Wall Street instead scumbag Miami mayor.
@frances snoot
I had a similar experience in high school. I used to go to this church filled with rich kids. I stopped going because I thought the whole thing was a social scene rather than some spiritual awakening. Nonetheless, prior to my departure from that church, we had a get together at someone’s home. The evening started fine, but then someone turned out the lights and it became a room full of people whining, crawling, crying out to God type of affair. It freaked me out completely. I walked out to get some air, and I never went back.
soon to come…..the gold you’re allowed to purchase has a bar code attached…ya gotta love it…or else. total control
Gold at $2000, not too far a reality! http://tinyurl.com/yc58kav
why is the ring of fire is gyrating … planet X/Nirubu affecting gravity?
http://www.youtube.com/watch?v=MUwSiykMgqQ&feature=related
Gold at $2000, not too far a reality! http://www.commodityonline.com/news/Gold-at-$2000-not-too-far-a-reality!-27171-3-1.html
China is the future of Gold http://www.commodityonline.com/news/China-is-the-future-of-Gold-27157-3-1.html
European Parliament: question on aircraft condensation trails which no longer only contain water http://www.avionews.com/index.php?corpo=see_news_home.php&news_id=1077601&pagina_chiamante=index.php
can someone, anyone please explain…that if any and every bill is a debt, why do they accept another debt as payment?…two wrongs don’t make a right…you can’t pay a debt with a debt=novation…so maybe the bill is actually the credit?…then what is your paycheck?…
STATUTE OF FRAUDS INAPPLICABLE per UCC 8-113…
would someone, anyone please look into recourse debt and non-recourse debt per the IRS…this is a tax issue…all of it…we the people have a duty and we are ignoring our duty…
We bailed out Goldman and Gang and now they’re back at it again making us poorer at the pump while actively working to destroy what is left of our economy.
If GS, JPM, and the rest of the RICO RACKET is a counter party to any loan or speculative trade or even a hedged trade, every sovereign nation should do what China did and walk away.
http://funy1.blogspot.com/2010/04/we-bailed-out-parasitic-bankers-and-now.html
Association for battered widows and orphans by violent banksters beaters.
can i just say thanks to ms stacy herbert for the vast improvements of this site over the last couple of months. who knew education could be so (go deas){!}
On behalf of Harry W, David, Youri and myself from the lonely days of karmabanqueradio.com (thats all i remember y’all)
cheers you mad bast*rds!
A case of the pot calling the kettle black lol
Giuseppe it was the State Council of the Chinese Politburo
@GGees
WHO said that:?:
not fade away
buddy holly
http://www.youtube.com/watch?v=veyPHzxNjog
stones
http://www.youtube.com/watch?v=F7ljHDNdj3g
LOL It does not look like the Chinese Politburo likes the US too much
Some say China has got more arrogant and tough. Some put forward the theory of China’s so-called ‘triumphalism’. My conscience is untainted despite slanders from outside,” he said
Days earlier the State Council accused America of serial villainy. “In the US, civil and political rights of citizens are severely restricted and violated by the government. Workers’ rights are seriously violated,” it said.
“The US, with its strong military power, has pursued hegemony in the world, trampling upon the sovereignty of other countries and trespassing their human rights,” it said.
“At a time when the world is suffering a serious human rights disaster caused by the US subprime crisis-induced global financial crisis, the US government revels in accusing other countries
Seriously: don’t pay! (I’m from Iceland btw.;)
@ronron
Dirty holy mans behavior gets revenged by Commando http://www.youtube.com/watch?v=C1h0sZNKt3o
Not good news for the already financially strapped middle and lower class. The Gold-To-Oil Ratio Suggests Oil Could Go A Lot Higher. Think another test of $150/barrel top may occur?
http://www.businessinsider.com/chart-of-the-day-oil-barrels-per-an-ounce-of-gold-2010-4?utm_source=Triggermail&utm_medium=email&utm_campaign=CS_COTD_040610%3Cbr%20%3E%3C/a%3E
@Max Keiser
imho, the insight with the Greece debacle and dealing with the IMF leading into the “no pay movement” is your best work. Congrats! This can be a tremendous opportunity Max.
currently reading: http://business.timesonline.co.uk/tol/business/economics/article7089627.ece#cid=OTC-RSS&attr=6939452 could smell that coming… And the obsession of future markets takes another strange turn http://www.physorg.com/news189750438.html Still waiting for countries to start legalizing online gambling… Has anyone ever seen these RETARDED games like online farming? holy motherfucking shit (my catchphrase) As if there isn’t war, poverty an entire unexplored universe etc…
Why even bother entertaining such ideas? We all know that the politicians and media in those areas will be purchased in order to make the case to pay off the debt, penny by penny. This is what infinite money will buy — more infinite money.
Hey Ronron this one is for you–enjoy!
http://www.youtube.com/watch?v=jyN1O-GwALI&feature=fvw
Northern Sumatra Indonesia had a 7.8 quake. The Ring of Fire has become quite active. The end times? Well the no pay movement may get some help from Mother Earth.
Indonesia
http://www.theglobeandmail.com/news/world/indonesian-island-struck-by-earthquake/article1525400/
Water bubbles up at quake
http://standeyo.com/NEWS/10_Earth_Changes/100406.MEX.EQ.water.gurgled.html
California earthquake fears
http://www.foxnews.com/scitech/2010/04/05/doomsday-number-california-earthquake-zone/
http://video.foxnews.com/v/4137726/california-quake-fears?playlist_id=86861
Alaska Volcano
http://www.foxnews.com/scitech/2010/04/05/alaska-mt-redoubt-waking/
@Y’All
uhm… Californian Time Lords.
http://www.newscientist.com/article/dn18723-time-lords-discovered-in-california.html
Well Irma … It is better to trust in the Lord than to have confidence in man.
i stuck my nose in. bye y’all
i think @Bonn’s tubes are fucked. hope india is cool. he was complaining about that and did not post much today.
shit. http://www.washingtonsblog.com/2010/04/long-term-unemployment-at-post-wwii.html
what mirrors? we got mirrors. get the mirrors. what you not got mirrors. sammy, get the mirrors. people need mirrors. 2 bucks. get outta here.
@irma. you do that. i’ll get the mirrors.
Face it. The only thing that can help this world now is divine intervention. What it to be done? Get down on your knees and pray. Humanly speaking, there’s no way out of here.
@Snoot. you know the fucker i mean. kan strowseekankan?
@Snoot. did you see your nemeses straus says the world needs more stimulus. were fucked.
Snoot yep God works in mysterious ways
GGees:
Remember: Lloyd Blankfein was telling the truth when he said he was doing “god’s work”.
@Snoot. was at a friends shop today and a 26 year old apprentice was making the most lovely doors. were teaching our kids in canada. don’t know for how long. the big boys don’t like our health or education system. wonder why?
@Snoot. well you know the drill.
knew sorry
Oops apologies it was JP Morgan and a clutch of European banks who are getting sued
On the other hand if they (Greece, Penn SS, Jefferson County Alabama) backed out of the “debt” it may have the same effect as Czechoslovakia 1950′s reconsideration of Social Communism and the bondage ties to the Soviets: The Soviets invaded Czechoslovakia by force with other Warsaw Pact countries; re establishing Communism.
Would the US gov. in the case of Penn and Alabama do the same and declare a certain state of emergency in, say, Alabama should she decide derivative default is the only prudent answer to the Goldman scam.
False flag the shit out of them and get them ‘Bammins back on the pre programmed track of social economic annihilation.
Ahhh, ronron. Tomorrow!
http://www.enotes.com/shakespeare-quotes/tomorrow-tomorrow-tomorrow
@Snoot. i had a dream last night that i was working. sold a fence and deck today. starting tomorrow. ya rr
@Ronron:
Howdee-doodee?
“Can’t get nothin’ from nothin’,
got to have somethin’”
Can we say nothing equals nothing?
What we should be having are criminal indictments.
The people who were conned into these derivatives
were most likely lied to. If there was a mistake with your mortgage
it could be chalked up to predatory lending. So, doesn’t the same apply here?
@Snoot. haven’t said hi lately. so hidiho snoot.
@Fiat. fucking great.
@GGees:
It wasn’t Goldman Sachs sued in Italy:
http://www.bloomberg.com/apps/news?sid=aisvHIHmcwQs&pid=20601087
http://www.nysun.com/business/italians-grumble-that-goldman-sachs-is-in-effect/55430/
Cmon dudes get with the program the UK elections been called. The first democratic election EVER where the electorate gets to choose the party that will take the country back 150 years!! The mother of all austerity measures awaits and we know it. The election is like a massive blind date, we know were going to get something stiff but we dont know how long its going to be!!
http://www.youtube.com/watch?v=31FFTx6AKmU
Old ones are the best!!
What one can speculate in gold?? no way, tell me it aint so!
THEN THERE IS GOLD
There are no reports of any bureaucrat, politician, or central banker who recommends a return to gold as the world’s reserve currency. There is a reason for this. Gold served as the world’s reserve currency prior to World War I. It kept national governments and central banks in check. When they inflated, gold flowed out. Their monetary bases declined in response to the outflow of gold. This transferred control over domestic monetary policy to foreign central banks, gold speculators, and foreign currency users, such as commercial bankers and specialists in international trade.
This transferred sovereignty over money from the nation state to international speculators who put their own money at risk for forecasting incorrectly. They could make large profits by correctly forecasting a nation’s devaluation of its currency. When they believed a nation’s monetary policy was becoming inflationary, they would pull the plug. They would exchange currency for gold.
Central bankers hated this when it happened to them. But they put up with this system from the end of the Napoleonic wars in 1815 until the outbreak of World War I in the summer of 1914. Stable money reduced the risks of currency depreciations. World trade grew rapidly as a result. Prices were approximately the same in 1914 as they had been in 1815.
The price of this price stability was the reduction of control over currencies by politicians and central bankers. This was a political price that politicians always resented. It interfered with their ability to use newly created money to buy votes and weapons.
No central banker or national political leader is calling for a return to the gold coin standard, where citizens and foreigners can pressure governments to stop their legalized counterfeiting.
@ EB
Right on, Mish is just wrong if he thinks that privatization is the solution to everything. Prisons are a case in point. Here is Houston (gulag central) the prison system is right out of control. Mish would never think of the links between the prison system, law enforcement and the justice system that work hand in hand to imprison far more people than should be, or is normal. He should think that about when the system runs out of Black and Hispanic customers they may have to start with his demographic to maintain the solid growth numbers. He is an idiot and one dimensional as you put it. There are a many other areas where the private sector is not capable of competing with the public sector but as long as the rigged market capitalism cool-aid is out there, they are going to drink it.
Since the true intent of the investments was too defraud the various governments and people involved, these investments should be declared illegal. Then Max Keiser should be drafted to investigate the corrupt entities involved.
LOL. never heard about this. http://news.bbc.co.uk/2/hi/europe/8605804.stm
@ Giuseppe Bagodonutti
RE: Andrew Maguire
Well, Who was arrested? Is there any independent confirmation that anyone was arrested? What were the charges? What is the the London Police official response to inquiries? Which police official was contacted? Why was Mr Maguire not asked about this incident on the King World News interview? Why has Mr Maguire not given any other interviews? Why has GATA failed to do any follow up on this claim what-so-ever?
That should provide a good start.
Italian magistrates started legal proceedings against Goldman Sachs last year. The basis of this litigation is that Goldman Sachs did not disclose all the information related to the Interest rate swaps negotiated between GM and various municipalities. Italians are ahead of the game
move along nothing to see here. http://www.reuters.com/article/idUSN0517093120100405
@x @ronron : I used to follow Mish quite extensively, especially during the depths of the financial crisis in late 2008 and early 2009. But lately he’s gone off the deep end.
I cannot understand why these guys think that the answer to all ills is just to privatise everything. Mish has not done his homework, and I would be happy to debate him at any time on this. He needs to go back to the Von Mises institute and study a little bit more. According to Hazlitt (Economics in One Lesson),
“The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. The bad economist sees only the direct consequences of a proposed course; the good economist looks also at the longer and indirect consequences. The bad economist sees only what the effect of a given policy has been or will be on a particular group; the good economist inquires also what the effect will be on all groups.”
Mish wants to privatize prisons. So what will be the interest of this special group? Will they every be in favour of reducing prison population? He goes on and on trying to tear down those government responsibilities that underpin our republic.
Mish is one dimensional. He can only see a narrow span of special interests. He is effectively a bad economist, by Hazlett’s definition.
more nicety’s. http://www.wnd.com/index.php?fa=PAGE.view&pageId=136749
namaland. http://www.youtube.com/watch?v=hoQrHk3vdcc
at least they didn’t shoot them. http://www.youtube.com/watch?v=OFtJMZEthP0
keep those gifts flowing. nuts. there sucking everyone in. http://www.businessweek.com/news/2010-04-04/imf-s-strauss-kahn-warns-against-removing-stimulus-too-soon.html
@Donuts. if there is no info then something is fishy.
@x. mish states that guys making 26 $ per hour take home 109 thousand a year. must have been educated in kansas.
this guy ‘Mish’ is really starting to piss me off
with his CONTINUAL, WRONG, TOTALLY INACCURATE, TOTALLY MISLEADING, BULLSHIT MISH-INFORMATION
and now, Jesse is linking to Mish’s BULLSHIT ‘analysis’, comparing Ontario, Canada to California
this demonstrates the chasm between the Minor Leagues, and the Big League
(see recent book re: internet, ‘The Cult of the Amateur’)
max is sharp; i wish he would extricate himself from these amateurs
Mat seems to be the first follower of Max!
http://www.ted.com/talks/derek_sivers_how_to_start_a_movement.html
@Dedo. LOL.
@ Giuseppe Bagodonutti
I am not saying that it would be wrong, just that there will be costs to any direction taken at this point.
Ditto for some of the countries that chose to follow the IMF austerity measures prescribed for some of the countries in Asia in the late 90′s.
@Frances,..”Perhaps they don’t have any pets to walk in Paris?”
I’m sure if they asked,.Mother would step up to the plate!
@Tony
The guy that did the hit n’run on Maguire was apprehended…
Until the case goes to court (if it even does), there will be no new info…
And if it was a CONSPIRACY, then it will definitely NOT go to court…
What sort of follow-up are you looking for exactly?
When push comes to shove it is most natural for everybody to enforce the morality they believe in. If people wheren’t indoctrinated in the church of money from birth they would. All people I know that have sovereign wealth choose to be highly cultural and moral. It is the incomprehensible ‘wound’ we assume we have brought on by the economic myth (We are not rich) that makes us cower act like weaklings..
The end result matters imho, but most today surely can care less.
Not as cool as I expected..
Guys that wear caps constantly are usually insecure, Mother. Beware the backwards cap-wearer. It is indicative of a former spit-gum shooter.
I think Max and Stacy are quite the tolerant pair,..: )
Yes, amazingly so, Dedo. Perhaps they don’t have any pets to walk in Paris?
@Frances,..I thought I was banned last night,..sent a last dig,.but it didn’t go through,.and also a couple more,..whoops (Soz stacy!)
I think Max and Stacy are quite the tolerant pair,..: )
Such forms of intellectual pursuit involve a wrongful element sufficient to render them wrongful on balance provided that this wrongful element is not counterbalanced by even more important competing moral considerations.
Like the end justifies the means?
Where’s the follow up on supposed assassination attempt of Andrew Maguire?
Is the story a hoax?
Some forms, like courtship, are morally innocuous.
COURTSHIP?
Like is this the 19th century?
@Dedo:
I’m afraid that don’t pay teachers diddly so I will dawdle here instead till I’m booted off by Stacy over some infraction.
Anyway: I thought you were Peter Pan and I Wendy.
Among human beings, intellectual pursuit takes many forms. Some forms, like courtship, are morally innocuous. Other forms, like rape, are categorically immoral. Still other forms are provisionally immoral. Such forms of intellectual pursuit involve a wrongful element sufficient to render them wrongful on balance provided that this wrongful element is not counterbalanced by even more important competing moral considerations.
Man, had one of those sunny days of hard work outside where the wine just seems to taste a lot better and the food twice as dilicious..
People that fear the recession have no clue as to what makes a wealthy society..Hint: If you have to worry you are not wealthy..
@Gordo
How’s Russia doing now? (pretty good, last time I checked)
Argentina? (ditto)
Venezuela? (ehhh Chavez is a wildcard)
Ecuador? (don’t they make bananas?)
Check out these papers by Rogoff and Reinhart
They appear to be fairly good summations of the key points I read in their book
THIS TIME IS DIFFERENT
http://www.economics.harvard.edu/files/faculty/51_This_Time_Is_Different.pdf
http://www.bresserpereira.org.br/terceiros/cursos/Rogoff.Aftermath_of_Financial_Crises.pdf
@Mep:
So. I’ll be inspired if I learn the students won. Otherwise, I’m afraid having the spirit inspire one is not the same thing as being in contact with god. And god seems to rule us Americans of late: from a base offshore assuredly.
I was invited to a Pentacostal church once. A woman-visiting preacher was ‘filled with the spirit’ and starting gyrating and yelling. To my dismay, the people sitting next to me on the pew imitated her spirit-filled-gyres. I stood out like a nail on a board. The preacher eyed me with a beady-greedy stance and claimed I needed to ‘feel the spirit’. I replied I didn’t feel like anything but leaving: which I promptly did.
So, it is one thing to be filled with the spirit and one thing to be connected to god and to me the prior and the latter need some fused point of reference: but anyway, I don’t know god.
And neither, unfortunately, do those spirit-filled students you linked.
@Frances,…Just got to say,..love reading your post,..You should be a teacher when you grow up ! : )
Taibi is asking something he knows already. Why does he indite Max and then shy await from hammering the fairess of Maxes proposal home? He doesn’t seem to see the banking system is an empty hulk with rust on the inside and a nice paintjob on the outside..Not as cool as I expected..
HappyDick:
I’m sorry. I seem to bring my thesis to a head too early on. I forgot that most readers prefer seduction to rape.
Default and tell them in no uncertain terms to “Get stuffed”. Anything would be better than languishing away like a debt junkie with the IMF/Banksters as your dealer.
@frances–Have you considered the reality of the sdr-index and the sovereign right to retain assets under this digress?
Gee frances, my head is only so big, and once again You did a number to it, can You be gentler with the question?
@EB–As my Indian colleagues used to say: ‘Whether the knife falls on the melon or the melon falls on the knife, the result is the same’.
Well put … and thank You for the civil disobedience link.
@Ms snoot–It’s going to be cold in the water; but no one will last for long due to hypothermia (liquidity freeze). And gold will weigh heavy: try treading water and holding bullion!
Excellent!
Starting to see debt as a form of magical thinking. Not totaly sure where im going with that but think im onto somthing. Some say doing somthing over and over again is a sign of insanity. But ultimatley were only doing what we can do with what nature gave us.
http://www.youtube.com/watch?v=QZvWcoaVQ1Q
Look what happened to the people that chose not to pay for possible results.
Russia, Argentina, Venezuela and Ecuador. The results are varied but Russia was hammered the most to date.
@ frances snoot – Parts of this video aren’t so clear, but I thought you might draw a little inspiration from it.
Sent yas both a mails well lets keeps it Pvt plz
Hic
The whole system is INSANE. Of course this game should be stopped.Yes DO NOT BE AFRAID. SAY NO.and polilitical class start paying for their corruption
@velobabe
Posting on T/S feels no different than posting on here…
What’s a called out comment?
I’m still waiting for the LosAngeles guy to tell me why it would “extend the depression”…
I’ll take his silence as admission that he doesn’t know what he’s talking about, or he thinks I’m a douchebag (probably the latter)
@Happy Dick:
‘Mass civil disobedience was coined by Gandhi.’ Gandhi got the idea from an American – Thoreau. Thoreau refused to pay tax, and went to jail for it. It’s interesting reading:
http://thoreau.eserver.org/civil.html
As for no pay, we already can’t pay, there’s just no money. Either we recognize that now, or we recognize it later.
As my Indian colleagues used to say: ‘Whether the knife falls on the melon or the melon falls on the knife, the result is the same’.
No Bankster movement.
“Much of the debating around economics even here is like people talking about rearrange deck chairs on the titanic”
The gods who own the Titanic already rearranged the chairs, but they left on a different steamer. The new steamer has barnacles (survivors) attached to the hull and different chairs with bemused gods/elite observers. The Titanic chairs are full of dupes who do not realize there is an iceberg astern. They are reading the news while they sip on coffee. They are enjoying the last days of the old reserve system before impact.
There were/are no lifeboats, unfortunately. And there really isn’t much room for more barnacles on the other steamer.
It’s going to be cold in the water; but no one will last for long due to hypothermia (liquidity freeze). And gold will weigh heavy: try treading water and holding buillion!
Greece should default and reschedule
John Kemp – Reuters
‘ … there is a strong case for Greece’s debts to be defaulted and rescheduled (at the cost to creditors and sellers of default swaps) in order to share the burden more equitably between banks (who have profited handsomely from their transactions) and the local economy.’
http://blogs.reuters.com/great-debate/2010/02/15/greece-should-default-and-reschedule/
@Dan:
The dollar-reserve-system runs an inherent deficit. What new type of global reserve system would you like to see replace the dollar system? The balanced world you speak of is envisioned by those who stand to profit through the revocation of the dollar-index for an index privy to elite members only: through global exchange regulation and a suprasovereign financial governing system (aka international clearing union). The people will be divorced from the profit of their own exports and subject to import duties to profit the global regulator.
Everyone is not as tidy as you indicate.
Giuseppe Bagodonutti
just out of curiosity what did you think about posting on T/S ?
you got some replies, but didn’t received a called out comment. i thought it should of, since it was the most pertinent to the content.
i think it is rigged who gets called out, it is being done by a contributing author.
keiser, max, mr. keiser, this guy,
you were referenced quite a number of times, The No Payment Movement.
that is a great movement†
Well essentially its what needs to happen worldwide, the debt is illegitimate
If people cannot understand the true source of wealth namley the energy’s that flow through people and what they chose to do with it, rather than hollow credit privately owned virtual nothingness.
It should be Unlawful for a government to go into debt because the government cannot borrow from any source of wealth higher than the source of wealth we have granted to it… do you follow?
We grant it access to true wealth by giving it authority to access that wealth through the mechanism of tax, we allow that in exchange for the benefit it gives us only.
Why then when our government needs funding does it go to an alternative (perceived) source of wealth the private banking system? When it can just monetize its own bonds interest free backed by the promise of the people.
Government’s should never been in debt because there is no source of wealth greater than it. It has at its disposal an abundance of wealth and funding its puny projects such as health care, education, infrastructure would and should be totally effortless.
This is when it becomes clear that the banking system and the government is a conspiracy to tap that wealth and redirect it into private elite hands.
Much of the debating around economics even here is like people talking about rearrange deck chairs on the titanic, cant careless about interest rates about gold manipulation about financial instruments when the core of the entire system is what needs changing those other things are just symptoms which would clear themselves up automatically .
Neo-Con = Neo Nazi.
http://www.prisonplanet.com/neo-cons-defend-massacre-of-iraqi-journalists-children.html
Lieberman included.
guest suggestion:
John Kemp – Reuters columnist
Great stuff Max & Stacey. It’s a all very well saying “Let’s make these debts illegal” but as an average tax payer who has been robbed by the state before I actually get my hard earned money what can I do? Let’s have some practical advice for the average man. Short of learning to fly and crashing my plane into the tax office what do I do? It’s all very well huffing and puffing Max but I want some practical subversive action I can take.
@More Bear Market Comparisons
http://www.NowAndFutures.com/forecast.html#bear_markets
@Long Term Inflation-adjusted Charts And Discussion On Compounding
I was looking through dshort and found this chart very interesting:
http://dshort.com/charts/N225-SP500-deflation-series.html?N225-SP500-overlay-real-peaks
A good example of where compounding should work if you’re on the right side of the market for an extended period. Compounding depending on interest rates since 1980 would not have been to your advantage, since interest rates declined over the long term.
Compounding on share price advances and bond price advances from 1981 to 2000 would have been greatly to your advantage, in a very long term bull market.
Compounding in stocks would have been a very bad bet held against inflation since 2000, that whole scenario still has to play itself out as of yet. The jury is out on whether continuing to compound against bond price rises, since the vast majority believe that sovereign risk will result in higher interest rates. There is a strong possibility, however, that bond prices will continue to be supported by cash flows out of the stock market, a very debatable scenario.
Compounding in the bullion market was to your advantage since 2000, and may still be greatly to your advantage, especially if currencies are devalued against gold.
Compounding in the currency markets in the Yen has been to your advantage since 2002, but its bull market is very hard to pick out unless you pair the currency with every other. Jury is still out on a Yen meltup.
Compounding in Real Estate lasted about 5 years before prices declined in the U.S.
Compounding in the oil market was greatly to your advantage since 1996, all the way up until 2008, a real bull market which has now gone bust. We are seeing a reprieve for oil investors as crude works its way higher, but its very likely a scenario that is a blatant repeat of the excesses of 2008.
Compounding the mining shares has so far not worked greatly to your advantage, especially when measured against inflation, unless somehow your mining shares are greatly advantaged by stellar fundamentals, perhaps most notably in the gold sector. Some shares would have greatly rewarded investors, while others would have failed miserably. A scene littered with trash, where some companies are wildly over valued and others hopelessly lacking bids.
HappyDickster:
Have you considered the reality of the sdr-index and the sovereign right to retain assets under this digress?
“Only a truly lost person could buy into the idea that banks should be globally competitive.”
@Mep:
Are you including the suprasovereign ECB, the IMF, the World Bank, and the BIS/central bank/G20 governing system (monetary authorities) in this category: or do these privileged international institutions now move to control cross-border international capital as some sort of joist for a new international financial order?
What do you term a ‘bank’?
Now Catherine Austin Fitts is getting in on this pow-wow
http://solari.com/blog/?p=6773
excuse my grammar I’m a good peasant being drunk…
The war machine is the heaviest burden on humanity. This video is a war vet has wisdom beyond his years. I want to add, Freedom has a price, and war is necessary, but the current regime uses war for manipulation to control through fear and hatred.
http://www.youtube.com/watch?v=sQfoFzJUsb0&feature=related
The selfcrowned speculator royalty speculators make a living/profit of debt and especially debt failureif if it isn’t coordinated countries fall 1 by one while goldman sachs and cronies sit on the beach of the cayman islands looking at their billion/zillion fiat money account.., so not paying could be a final resort just to refuse/resist, but this isn’t an solution the banks launder drug money make money with government contracts/bailouts etc. most important they have their own indirect repo men the IRS: because the ‘too big to fail/too big to prosecute’ banks will get more money trough government because atleast 90% of politicians is corrupt. So let’s not take this as first aim although Nationally it should be of course but for consumers/citizens/people that isn’t the real problem regulations/prosecution/transparency etc. more important else it could just happen over and over again; speculators still ahead, won most battles but not yet the war vs. the savers…
@funy1
the debt business is holding back advancement of humanity. I agree with you, in that the collapse of debt will be the key to open the shackles of world bondage. Although this will be very painful for most. Most will fell relieved.
I’m all for non-payment. Sure, some politicians and local leaders may have entered into contracts without bothering to understand exactly what they were getting into, but even those people were surely scammed and lied to about the value and risk associated with their investments.
Have to comment that I find the notion that banks should compete globally to be highly disturbing. The commenter, lexicon, over at Matt’s blog alluded to that “right” of banksters in his comment about Greece “kicking out competition.” Only a truly lost person could buy into the idea that banks should be globally competitive.
The majority of all the debt( that has made so few wealthy and many think they’re wealthy) is never going to be paid back, ever.
At some point, people will balk and sovereigns and multinationals that keep rolling over their debt.
As the debt collapses, so will all the artificial paper wealth that’s been amassed. At some point, humanity has to move out of its primitive wealth accumulation fetish and join civilized sentient beings.
http://funy1.blogspot.com/2010/03/finite-irrationality-of-paper-wealth.html
As Gandhi would say when asked about western civilization: It would be a good idea.
Let the bankers eat crack.
e24.no liked to this story:
Greek banks are being hit by a wave of redemptions as the country’s most wealthy citizens and corporations look to move their money offshore or to international financial institutions perceived as safer homes for their assets.
http://www.telegraph.co.uk/news/worldnews/europe/greece/7557213/Greek-banks-hit-by-wealthy-citizens-moving-their-money-offshore.html
@ronron,….I’m a pacifist, I leave the wet work to my Asians,..whoops!,.I mean Agents,…: )
You have also “Make the banksters pay” movement. I starting to be inspired by the Middle Ages. I am starting to understand King of France, Philippe Lebel and what he did to the Templars. Maybe he was right after all ?
“I’m waiting for some canny politician to use those two facts as a hammer to make them all get in line.”
Is Taibbi referring to Thor’s hammer here? Seems to be a meme of late: Thrasher described the merit-pay teacher bill (SB 6) in Florida as a ‘hammer’.
Is the line one of adherence to global regulation and governance? Is that what the hammer will meld?
http://www.breitbart.tv/obamas-new-fiscal-responsibility-commissioner-andy-stern-loves-redistributing-wealth-and-global-government/
Any insights into “ODIOUS DEBT” theory could prove helpful.
@Dedo. when there down put the boots to them.
Nicely said jgir.
Mass civil disobedience was coined by Gandhi.
http://www.youtube.com/watch?v=QT1v2FJrqmk
@Matt: remember Iceland too.
@GB,.Throat punch,..LOL,..like your style!! : )
One way to enable the “no pay” movement, it would have to be a well organized strike like structure. Everyone would need to band together and push back on this illegal vicious vampire system, which prints its own money and defrauds the people and states of real wealth. Like a hunger strike or a sit down strike, wtf would the vampire do?
The world needs a “movement” via structured organization to dis-empower the beast. Men with vision like Keiser can make the “NO PAY MOVEMENT” happen.
Now there is the simple act like Gandhi came up with. It is one simple act that says it all! Yes Max has it right. Yay Matt for giving him credit and it will send more over here for news. @Matt your articles are great. Keep em coming.
Market skeptics has a nice run down of the gold manipulation story:
http://www.marketskeptics.com/2010/04/gold-manipulation-officially-confirmed.html
new excuse http://www.techeye.net/software/babelfish-blamed-for-papal-smear?sms_ss=email
hehe damn, that article quote was my question to Matt Taibbi, seems he also want to know the answer to that..
First we need to establish from where the big banks get’s their money from. Steve Keen says the banks “produce” the money into existence themselves by the act of lending. The normal assumption is by the Fractional Reserve System in which you need a base of money first.
The reason I think that is important is to know who owns the debt and by that who loses the money if a debt gets the jubilee treatment.
I do not know who said it (maybe Max himself?) but by canceling someone’s debt you also cancels someone’s savings.
That is particularly true if the big banks uses fractional reserve system with deposit money, savings, as the money base. Borrowed money from the central bank is also in a way the people’s money but through a debt default I don’t think each citizen will fell that in the same way as getting their own bank account wiped out.
If by canceling the debt it only hurts the likes Goldman and JPM then – go ahead, why haven’t we done that before? but if half of the nation’s savings get wiped out in the process then we should think twice before doing it.
*The solution is here right in our faces and the solution has been tested by several countries – Adopt the Scandinavian bank crises solution from the 1990′s!
(@susan – you would have been first even if you actually had something to say . . . just a thought.)
@Giuseppe – good point! I had forgotten about that; you should post that at Matt’s blog post
rumor? http://www.examiner.com/x-37620-Conservative-Examiner~y2010m4d3-Investigation-reveals-numerous-bogus-claims-on-Obama-resume
@Ronron
Not worth a Continental.
RE: the Taibbi article on the Keiser Solution
Didn’t CHINA basically tell Goldmung Sucks or whoever, to go FUCK THEMSELVES when they tried to claim some derivatives pay-outs from the Chinese?
(From Sept 8 2009)
In early August, China Eastern Airlines Corp., Air China Ltd. and China Ocean Shipping (Group) Co. sent letters to six international investment banks warning that certain transactions “may be void, invalid or unenforceable,” said a person familiar with the letters.
Among the banks understood to have received such letters are Deutsche Bank AG, Goldman Sachs Group Inc., J.P. Morgan Chase & Co., Citigroup Inc. and Morgan Stanley, according to three people familiar with the situation.
http://online.wsj.com/article/SB125234556777390497.html
Sounds like a good plan to me…
But I still think Iceland should get that power-line hooked-up to UK and Netherlands…
for the Throat-punch!!!!!
@Marc. but we don’t accept US dollars anymore.
@Marc. there coming in droves as we speak. all over my area there buying houses.
@Ronron
The next step will be capital controls in the USA. Canada will soon be viewed by Americans as a paradise.
You don’t pay for hidden vices. You put the bums in prison or send them to the electric chair. What’s the difference between Billy the Kid and JP Morgan ? None. Both shoot you in the back.
the oil lottery. http://eclipptv.com/viewVideo.php?video_id=11177
“Goldman Sachs, Morgan Stanley, Deutsche Bank and other investment banks arranged complex transactions that enabled the Greek government to raise cash for budget spending without having to classify the proceeds as public debt.”
http://www.ft.com/cms/s/0/cc82f954-1a3f-11df-b4ee-00144feab49a.html
move your life. http://www.foxbusiness.com/story/markets/americans-citizenship-irs-gets-aggressive-overseas/
BNP Paribas two weeks ago paid record bonuses to its traders.
2 billion euros.
TOB? http://www.economicpolicyjournal.com/2010/04/why-greece-will-default.html
Hey Snoot. Good idea. And BNP Paribas too.
Never mind a lawyer. A referendum like in Iceland would be just fine. Democracy was invented by the Greeks. It’s about time for REAL democracy in Greece and also in the USA. Stinking fascists neo-con banksters.
What about….(lean over so I can whisper this)
[Deutsche bank?]
Don’t pay and ask Obama that fine piece of manure to put his buddies the banksters in prison for 200 years ! Good ! It’s about time sinve the manures in Washington seem not to understand what is going on. Arrest the bankster that sold the defective products to unsuspecting investors. Hope CALPERS goes bankrupt.
Of to dinners and a drink
Z/H
US Military Releases Official Investigation Results Relating To Wikileaks Iraq Massacre Video
http://www.zerohedge.com/article/us-military-releases-official-investigation-results-relating-wikileaks-iraq-massacre-video
iceland, greece, -whomever’s next- on the list, need create a coalition of the willing and create some sound principles on which their societes will be based from now on. then rustle up some courage send in a few men, take out a few of these bankers and declare war on terrorist bankers who don’t belong to any particualr country. create a pack of cards with alan greenspan as the ace of spades.
well keiser, you’ve caused quite a stir. wait till some lawyer in greece agrees with you and starts the fight. gonna be popcorn all around and i’m buying. one bag each please.
blimey, accidentally first!