Stacy Summary: Max interviewed by Helen Skopis on Athens International Radio about Greece turning to the IMF.
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Max you and Stacey do a great service to us all that there is another view of the world.Problem is that the Lorenz Curve where 20% of the people get 80% of a countries wealth in 1986 has greeditised to 90 + % of a countries scarce resources and that those who dont are losers; has a difficult battle.Its the same old storey ,in the case of neo capitalism,get something worth a billion and milk it til its dead and leave it .The convincing is not in terror or doom its in the forecast.Now that may take an optimist and combined with a pragmatist and realist ….its a better option than watching a death spiral.Thanks for the analysis.also you got a good American accent!!
http://antipliroforisi.blogspot.com/2010/01/blog-post_4345.html
http://www.youtube.com/watch?v=efQGJFfKlwc&feature=related
http://www.youtube.com/watch?v=jYwPGooe1tI&feature=PlayList&p=F6D17E715E91E7D3&playnext_from=PL&playnext=1&index=59
The credit for these poems goes to a deceased friend whose books of odd poems I’ve inherited. He was a smart man and I can’t take credit for them.
@Giuseppie
Awesome, barter ftw. Jars of pickles goes a long way in russia. Unless you want to extend individual independence up to and including self open heart surgery then some form of economy is needed. I view economics as psychology but before we argue over the meaning of the word is is, we need to figure what type of economy suits out needs. A nation can credit itself with debtless money to gets its infrastructure and ambitions up and running. This was done in Canada up untill the bank cartel got a hold of its currency in the 70s. Again its a question of whose money is it. Unless of course you think that the following video is inevitable no matter what.
http://www.youtube.com/watch?v=ozjN_bmfI5c
@Davey Jones
“I tell you, we are here on earth to fart around, and don’t let anybody tell you different” – Kurt Vonnegut
“Delay is the deadliest form of denial” – C. Northcote Parkinson
“Pretend and Extend”
“If you can’t Make it, Fake it”
@FiatMentalist
I used to think it was all about debt,
but you can’t have a debtor without the CREDITOR, right?
But you can have credit without debt… like the banks…
Economics IS a religion
without spirit…
Cold and unsympathetic…
An extension of Philosophy and Mathematics, amalgamated…
At least to economists…
The High-Priests of Politics…
A shame was crying
All the day long
To attract some definition:
Be it tribal
Or simply sad.
This lovely shame cried
Itself to sleep;
But not to rest.
http://www.youtube.com/watch?v=f9LwpTYLJvY&feature=related
@Marc Authier
You must realize that unemployment numbers are being fuzzed with in every country even in the Netherlands acording to market guru Rienk Kamer which actualy surprised me. The official unemployment is 6.1% in the Netherlands now but he thinks it’s more like around 10% cause people who are unemployed for some while get scrached of the list as “Unencouraged” job finders. I am still not sure about this though and would like to see an other source on this.
In Greece it’s a completely diffirent story and with the many Islands and a fuzzy government control over figures I think you can’t trust any number coming from them and certainly not the unemployment numbers.
But the Greek Unemployment figure officially stands on 11.3% right now.
Greek and UK unemployment rise http://notayesmanseconomics.wordpress.com/2010/04/21/greek-and-uk-unemployment-rise/
Goldman offers its 4th public defense in past week http://bit.ly/aG7pZR. Methinks they doth protest too much
IMF meeting Saturday includes “G20 Mutual Assessment” http://bit.ly/9rxeIJ. That’s IMF-speak for “trash the dollar”
Here comes world money – #IMF announces an “ambitious” plan for the “enhanced role of the SDR” http://bit.ly/cM6oPp. Paper money on stilts
Will rising oil prices kill the economic recovery? (CommodityOnline) http://www.commodityonline.com/news/Will-rising-oil-prices-kill-the-economic-recovery-27608-3-1.html
Goldman Sachs
EXECUTIVE OFFICERS:
Lloyd Blankfein – Chairman of the Board and Chief Executive Officer
Gary D. Cohn – President and Chief Operating Officer
John S. Weinberg – Vice Chairman
J. Michael Evans
David A. Viniar – Executive Vice President and Chief Financial Officer
Gregory K. Palm – Executive Vice President, General Councel and Secretary of the Corporation
Esta E. Stecher – Executive Vice President, General Counsel and Secretary of the Corportion
Alan M. Cohen – Excutive Vice President and Global Head of Compliance
BOARD OF DIRECTORS
Lloyd C. Blankfein – Chairman and Chief Executive Officer
Gary D. Cohn – President and Chief Operating Officer
John H. Bryan – Director
Lois D. Juliber – Director
Claes Dahlback – Director
Stephen A. Johnson – Director
William W. George – Director
Rajat K. Gupta – Director
Lakshmi N. Mittal – Director
James J. Schiro – Director
MANAGEMENT COMMITTEE
Lloyd Blankfein
Gary D. Cohn
John S. Weinberg
J. Michael Evens
Michael S. Sherwood
Kevin W. Kennedy
Richard A. Friedman
Timothy J. O’Neill
Gregory K. Palm
Masanori Mochhida
David A. Viniar
Christopher A. Cole
Esta E. Stecher
David B. Heller
Edward C. Forst
Richard J. Gnodde
Gorden E. Dyal
Yoel Zaoui
David M. Solomon
Edith W. Cooper
Isabelle Ealet
Edward K. Eisler
Gwen R. Libstag
John F. W. Rogers
Pablo J. Salame
Donald R. Mullen
Harvey M. Schwartz
Steven H. Stongin
Alan M. Cohen
Saxena said he has been following the work of GATA for a long time and “they make a reasonable case for that, but my argument is; what market is not manipulated? Everything is manipulated,” he added.
@Giuseppe, read your post got a few points
In the end, the ultimate failing of the current incarnation of financial augmentation (i.e. Fiat Hegemony) is the concept of CREDIT…
I thought it was the concept of DEBT. I thought we were witnessing the failure of debt money. If we had a proper system of credit then we would have a shot at making a fiat sovereign currency actually work. Instead we outsource the monatery system to a bunch of private banks who use debt to gear the system into a get rich quick scheme. Now that is failing many want to outsource the monatery system to whomever has gold. The key question underlying all of this is who owns the money, sovereign nations or the banks.
All the more proof that ECONOMICS is the highest science (and I use that term loosely) of politics…
I agree with that in most parts,but the highest is still religious. You can smash a system out and inspire people to rebuild anew and better or you can smash a system out and inspire people to kill their neighbours.
Would somebody have the real unemployment rate in Greece ?
“At Goldman Sachs we are really in the murder business”
http://prudentinvestor.blogspot.com/2010/04/website-how-goldman-sachs-killed-ghanas.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ThePrudentInvestor+%28The+Prudent+Investor%29
‘Gold price most likely to double’ (CommodityOnline) http://www.commodityonline.com/news/Gold-price-most-likely-to-double-27643-3-1.html
Gold is back were it was a week ago or so, round $1160o/z http://www.goldprice.org/NewCharts/gold/images/gold_3d_b_o_USD.png
So that’s what I said last time: They try to surpress gold all the time and it bounces back shortly after. This shows that gold is being manipulated down market value.
Looks like the religious wing is pushing
http://www.youtube.com/watch?v=hdE7Q_NIj70
somethings taking form.
@Mother Earth
When the lowerclasses, economically speaking, supercede the upperclasses, economically speaking, in hoarded, bred, inherent, worth, a revolution ensues. There is this law in nature that the superior must rule or nothing is just under heaven and Earth.
Obama assails immigration law enforcement in Arizona.
Lawlessness.
The Constitution is ignored.
Lawlessness.
Fraud is okay on Wall St.
Lawlessness.
Learn to love the ciphered owl
Who flies in darkness all the while
And makes a nest in sequestered branches
Of trees who have no parents and no
ranches,
Who like to stroll on the beaches, and
their friends
Who know the governor and the beak
which rends
the flesh and mesh of our recent
bachelor cousin,
An expert in the lore of the eccentric
Mr Silverstein,
Known to his comrades as Nelson
Strobe the astronaut
Who seldom went to school and in the
grocery was frequently
distraught.
@Davey
Actually teaparty participants are middle class, the revolt always comes from the independent middle class, not from the poor. People that see solutions and have implemented them to their own benefit can’t sit back and see wealth being destroyed..The poor have no such active notion of ascendance..The rich don’t care..
Tell Me the Day and You Will Tell Me a Lie
The muscles of my thighs
Checked the descent
into the angled drain
Of the two hills,
Filled with clay and serpentine
rock
And roots of California oaks,
Alongside stark yellow madrones
And dead-red manzanitas,
Beneath where banana slugs
Slither innocently.
And imminence is yesterday
And yesterday is tomorrow;
Yet my muscles tense
To check the slide
Into the grasping space of always
inimical time.
-DEA (RIP).
Blankfein is the son of a postal service clerk and he looks like an ugly pizza delivery man. The slave revolt is complete. Where are the noble masters?
@Danny,
Yes, I’ve wondered if Wall St. is co-opted by CIA, which would actually make me feel a little better. Because then we wouldn’t have a country that ignores outright criminality and lawlessness, as it would have some kind of greater good rationalization behind it. Hank P. seems like he could certainly be CIA. That would make me feel better. But what CIA op makes hundreds of millions? It’s not likely. Probably, we’re overestimating the intelligence of people. These bankers are just greedy assholes who aren’t that intelligent. I mean, who needs several hundred million dollars?
This Helen Skopis is thick as a brick in my opinion. Max Keiser has been explaining the international financial facts of life to her for months now and not only does she apparently still not get the immense dire gravity of the situation looming for her nation, she obviously harbours the typical arrogant gall of the Greeks to question his expertise. She does so with every absurd question she asks of him despite the fact that he patiently repeats himself to her time and again. Let these fools fall victim to their own doing I say! Clearly the Greeks do not wish to hear the right thing to do, according to someone who knows their way out of the pending financial maelstrom.
@Mini US
I saw some BBC segment counting off how many times Brownie said “FUTURE” in one of his pre-debate speeches… but when I heard him say GET REAL, I started shaking my head and laughing… he’s SOOOooo out of tune… Is he even aware of what he’s done?
@Balois & FranSix
Ok… Sovereign LOANS are not derivatives… Participating Debentures?
Is that like the DB stocks I see attached to Corporate Debt on the TSX? those are pretty popular for high gains…
Or is that like a Private Placement?
Contracts for Difference… I am familiar with those…
when I was trying out demos with various brokers, I played around with CMC Markets, and they seem to deal only with CFDs
You get something on the order of 20:1 leverage on whatever “stock” you were working (I found it interesting that I could jerk around with stocks on the Mibtel)
They are available in Canada…
Then again… I had the chance to buy in to ABX derivatives back in the day when I was getting into mutual funds…
I remember the Financial Advisor telling me “Oh no, you don’t want to get into those”
Canada is pretty loose with their regulations on what a retail investor can throw their money into…
As far as “trusts” go, we have those in Canada (Union Trusts) as well…
except, from my understanding, they pay decent dividends, and they supposedly invest in actual companies… Although, in 2011, they all have to convert into Corporations…
I seem to recall Galbraith talking about those (i.e. trusts) in his 1929 The Great Crash book
Now it’s time to watch a Spaghetti Western…
Tonight it is “Once Upon a Time in the West”… CLASSIC… Sergio Leone’s Masterpiece with Henry Fonda in his darkest role…
Simple Whiteboard Explanation of SEC Vs GS.
Its just like betting on a horse that will ‘come last’.
http://www.marketoracle.co.uk/financial_markets_analysis_videos_4.htm#vid4
@kaks
“By the way, loved Afshin letting it go there on Keiser Report Episode 36. Here in Italy, a popular talk show called “Che tempo che fa” on the supposedly lefty state tv channel Rai 3, was recently unable to host guest Tony Blair due to the volcanic ash/aviation probs. Thank god!!!”—–> hahahaha“ Yes thank god !!!
Goldman Sachs Eats Its Young
http://revoltoftheplebs.wordpress.com/2010/04/20/goldman-sachs-eats-its-young/
This is also an opportunity for the SEC to come out looking tough after their disgraceful conduct in the Bernie Madoff affair. Taking on Goldman Sachs will be a great boost to their image. But that could only happen under unusual circumstances like these. Right now, Goldman Sachs actually wants to be made to look like they’re no different from anybody else. They need to convince the American people that they are just as vulnerable and subject to public scrutiny as any other legitimate business. In other words, Goldman Sachs has given the SEC permission to take them on. Otherwise, the SEC would be just as ineffective and bias as they have always been.
The SEC is actually a public relations device for the FED. They go after the little guys to look like they’re doing something while turning a blind eye to the big investment firms that their agents hope to someday work for.
@Top
Thanks for the link about euro.
Hidden Debt.
Seems its everywhere.
Banks
Countries
Individuals
http://news.bbc.co.uk/2/hi/business/8640611.stm
@Poote: Max is hot too! A pleasure to watch and he tickles my brain. Love a man with smarts and a sense of humor.
Catherine w/Alex Jones – Shifting to a New Investment Model
#1 … http://www.youtube.com/watch?v=QnEXsYxgHwc&feature=player_embedded
#2 … http://www.youtube.com/watch?v=IfV59i5F0i4&feature=player_embedded
#3 … http://www.youtube.com/watch?v=m7F_zpWmVFQ&feature=player_embedded
#4 … http://www.youtube.com/watch?v=eHWcRuo3XIg&feature=player_embedded
Fitts has interesting vision.
Goldman’s Blankfein Sued by Investors Over SEC Claims
(looks like lawsuits will weigh down the mighty gods closet celebrations)
http://www.businessweek.com/news/2010-04-23/goldman-s-lloyd-blankfein-sued-in-shareholder-derivative-lawsuit.html
watch marc faber, max is ok for a laugh but just bein a money making straw man on the backs of others …
http://www.youtube.com/watch?v=-I6YU20Tw6I
Marc Faber…“Mr. Obama will do everything he can to get re-elected and that may involve some very bad decisions. He is like a roman emperor; he just gives out bread to the mob and produces games and circuses.”
this link is for Max and Stacy
http://www.businessinsider.com/japan-challenges-international-compromise-on-whaling-ban-2010-4
Note to y’all…
Wall St.= CIA
I hard leason I learned
Its about time.
The ALP Govt in Australia relaxed foreign ownership laws when they came into power.
Now they have finally realised that that is what is causing the housing bubble here.
Pure freakin genius.
http://au.news.yahoo.com/a/-/latest/7104416/clampdown-on-foreigners-buying-property/
Next Rudd will re-visit the ETS.
That would be a disaster.
Taxpayers don’t have to pay for this shit.
Make the polluters pay. Full Stop!
These guys make governing a country look hard.
Less lunches and dinners with spruikers and more common sense.
…and to think we have one of the better economies, which by the way is only because China is digging a huge hole here.
Soon West Australia with be a swimming pool the size of Europe with all the open cut mining thats going on there.
We are said to have a two tiered economy.
Miners and the the unsuspecting poor.
the secret to thier success. Having your people in the goverment making the shady deals that control the country. As goldman sachs(cia) goes so goes the inside deals of controling countrys. NIce buisness.
My question is what does the cia(goldman sachs) do with all that money they steal from countrys.
“How were “derivatives” responsible for 1929?”
Actually Contracts For Difference are retail traded derivatives, which are not available in the U.S. Its the only place these kind of derivatives are outlawed.
Giuseppe, derivatives weren’t responsible for 1929, but the crash in “trusts” which no longer contained any assets and held mostly bets on interest rates as derivatives do now. They were largely agglomerated companies with no actual equity in them, thus these “trusts” of the time were a lot like derivatives are now.
What is much more like the derivatives of today is the historic participating bond of the Gilded age. In 1875, much like now, the crisis is emerging from the insolvency of the corporate bond markets.
once again max is on the edge
thanks max youre grrrrreat
Hahahahaha
Proof of Peak oil.
The oil rig in Gulf of Mexico crashes but NO OIL is leaking from it.
Just thin air.
http://www.presstv.ir/detail.aspx?id=124180§ionid=3510203
@Giuseppe Bagodonutti
How funny, Gordon Brown telling anyone to ‘Get Real’.
What a joke.
I really hate the way he clicks his bottom jaw.
Clegg is the hero because he speaks simply and straight forward.
He has no policies but we like him because he doesn’t do double speak.
Boy, our expectations have really dropped.
Pretty Bleak, Max.
Max Keiser you are slowly but surely turning into a curel joke, blaming market participants for acting perfectly rationally, though laballeing them ‘financial terrorists’, whilst consistently refusing to speak about the government interference which SET THE STAGE for all this distasteful activity to occur. I suppose you simply think being Max Keiser is more fun than being Ron Paul.
FranSix is correct – also called participating debentures, they were widely used by the likes of Ivar Kreuger, the Match King, famous for his loans to European countries against match manufacturing and/or import and distribution monopolies. Today probably called S-CDO Sovereign Collateralized Debt Obligations…
http://en.wikipedia.org/wiki/Ivar_Kreuger#Kreuger_group_loans_to_foreign_states_from_1925-1930.5B12.5D
http://www.altassets.com/private-equity-knowledge-bank/country-focus/europe/western-europe/sweden/article/nz8023.html
So what are they waiting for in Greece? And why are they futzing around with the ECB, the IMF? Just make it simple. Give the Germans the alcohol monopoly against assuming the entire Greek debt and offer them tax free booze when on vacation in Greece. I bet they would scramble for it and the debt would be gone in no time with a hell of a flourishing tourist industry to boot. There would also be a rush by private investors for over proof derivatives, with such collateralized Ouzo bonds as underlying.
No creative, out of the box, spirited minds anymore…
Booooooommmmm!
D7 at Free Trading Videos.
We are at major resistance on the US markets folks.
http://www.youtube.com/user/FreeTradingVideos#p/u/0/3HYbUuPDYvU
Lewis Black
Iran – Hunting – Nukes
http://www.youtube.com/watch?v=Gk1SoprPRsM&feature=related
@Ronron
Hey Ronron. I am drinking une “Fin du Monde” strong 9% beer. These beers from Unibroue are like the Belgum beers made by the monks. Liquid soul food to celebrate the end of the world. Great way to end the week.
Better than ouzo.
http://www.unibroue.com/products/fin.cfm
Perfect beer to celebrate the end of the World.
We have today in Québec and Canada world class good beers compared to poor USA. Good artisanal brew. Nothing like it ! As good as Tchekoslovakia, Belgum and Germany. Santé Ronron !
Where’s everybody ? At the beach ? In Iceland ?
@Stacy and Max
By the way what’s happening to greek real estate ?
http://www.independent.ie/opinion/columnists/david-mcwilliams/david-mcwilliams-the-great-property-scam-is-back-to-rip-us-off-again-2145197.html?source=patrick.net
If you were a Martian economist and were asked to put together a blueprint for how Ireland can learn from this boom/bust travesty, the first point on the list would be that Ireland should try to ‘lock in’ the competitive gain that cheap property gives a country.
We should let property fall to a level that we can all afford and then start again. As well as a labour force that is willing and educated, low taxes and cheap land should be part of our competitive offering. In that way, we can afford to pay our workers more, because we are paying our landlords less
@FranSix
How were “derivatives” responsible for 1929?
Keep in mind that the FED was introduced in between 1875 and 1929…
1929 was not THAT simple…
in another 20 years, CDOs will be considered a normal investment vehicle, from the retail perspective…
In the end, the ultimate failing of the current incarnation of financial augmentation (i.e. Fiat Hegemony) is the concept of CREDIT…
until that spectre is exorcised, the system will never change… it will only mutate…
And humans will adapt…
All the more proof that ECONOMICS is the highest science (and I use that term loosely) of politics…
I would recommend you UTUBE this debate
It is a bruiser and creates more heat then light but little Ross Perot was / is clearly right.
Although Al Gore was a better tactical politician and communicator.
The man had flaws but he would have been a better president then the vain Bill Clinton or Bush I or II.
NAFTA: Ross Perot and Al Gore Debate 1993
Well what a big surprise. The president of Greece is just another puppet of the corrupt City of London banksters.
Where the hell is Snoot ?
You, know, as far as I’m concerned, somebody went back into the history books and exhumed participating bonds from history and applied them to the present, calling them derivatives. These historical artifacts present no special difference from the present day pyramided networked junk bond schemes we call derivatives.
There is nothing new here, and regulatory frameworks that were adequate to restrict the kind of growth in these things did once exist were swept aside after the Nasdaq crash.
An example of participating bonds in 1902:
http://tinyurl.com/275936w
Denninger forgets his history in the way that trusts are still in use though they may have resulted in the crash of 1929, or perhaps that the way participating bonds were used prior to 1875. The bulk of the money would have been in interest rate bets with very little assets in these bonds and trusts, so much like derivatives of today.
-F6
Well
The IRGC is conducting drills with underwater mine-layers, and specialists that are Anti-Drone Aircraft…
HMMMMMMMmmmmmmmmmmmmmmm
War against Iran anyone?
PressTV is depressing
Celente’s comments about America going STUPID on War creation and Empire of Debt‘s conclusions are becoming far too tenable to ignore…
From the Iranian Propaganda perspective, the SHITSTORM is imminent…
I think I’ll go read a book now…
Plot thinkens in Goldman Sachs probe
“Goldman Sachs Group may have used a subprime mortgage-linked security that is the focus of a US civil fraud lawsuit against the bank to unload other complex bonds it created, according to a deal document obtained by Reuters.”
http://www.theage.com.au/business/world-business/plot-thinkens-in-goldman-sachs-probe-20100424-tjkz.html
WOW
This ON THE EDGE is REALLY Technical
Can’t wait for the replay…
I actually understand what’s going on…
Paulson made out on the losers who threw their cash in the ring,
Goldmung made out on the US taxpayer since they lost on the underwriting (and hence, Goldmung was covered)…
FUCK YAH!!!! the Players BOTH WON…
Completely RIGGED
there is no way in hell that Goldmung could defend themselves IF they take this case to court…
WATCH FOR THE SETTLEMENT… if the SEC has ballz, this will go to all the way, ala O.J.
Otherwise… give up, and grab your guns… Civil War will be the only outcome…
And I’m glad to see that Denninger sees that OPTIONS are a viable investment alternative (even though it is technically a DERIVATIVE)…
For a welfare-trader like me, it’s the ONLY way I can get LEVERAGE considering my base capital…
and it should not be considered as devious as CDOs, MBSs, CDSs, etc….
for the cartoon you have to go to ahead to number 3!
worth it!
bin laden is in it too
@ max
Fantastic explanation.
4 minutes of sheer education.
The cow and milk analogy is perfect for the people to understand.
This all started with Thatcher and Reagan selling all the states assets, then when other nations saw the money they made, they all joined in like lemmings.
Now the Milk is getting expensive and I want my cow back
How sad. Helen Skopis had such sadness in her voice.
But we are all sad, what is happening in Greece is happening in the US and everywhere where the populations aren’t brainwashed or cowed into submission.
@MAX, STACY, ALL
check out this cartoon about Goldman Sachs before they remove it
http://www.greenbaypressgazette.com/apps/pbcs.dll/gallery?Avis=U0&Dato=20100401&Kategori=GPG0601&Lopenr=401001&Ref=PH
The reason for all this.
The World Ponzi Scheme Needs Economic Growth.
It so the debt system keeps working.
Other than that IT IS NOT NECESSARY.
The coming depression blog is stating another massive FRAUD by GM. After all its hoopla about their loans paid off it was discovered that TARP money paid it off. They have NO PROFITS!
http://thecomingdepression.blogspot.com/2010/04/more-massive-fraud-gm-repaid-tarp-loans.html
Greeks.Lawyers.Gold.Sex.Rhetoric. It’s ALL in Here.
http://www.kitco.com/ind/nadler/apr232010.html
Greece Is the Word
SWEET
Karl Denninger ON THE EDGE
Nice colour contrast MAX
Yellow tie on a Blue shirt ?
WHERE’S THE BOW-TIE?!?!?!?!
IMF says able to “treble its resources” http://bit.ly/a9GHIq. In translation, this means they issued notes for 1st time & trebled debt
Give #IMF credit 4 transparency, even if it’s IMF-speak. Here’s the blueprint for a global central bank http://bit.ly/bcZqQR.
It is clear that they; bankers, rich, illuminati, whatever you want to call them want more people in the world to live like the Chinese.
Work many hours for nothing and don’t complain.
This they call PRODUCTIVITY INCREASE.
This seems to have reached its limit with people now working 10 to 12 hrs /day rather than the unions idea of 8/8/8 work, recreation, sleep.
World economic growth is at its limits and this is the only way to improve it. Make people work longer and harder for less.
What Max calls modern day slavery.
The Greeks, Portuguese, Spanish and Irish who have always had a good attitude to life, ie have some fun
do not fit into this plan.
The rich folk like the Chinese plan of suppression and low pay to make cheap products.
The stuff you have been buying cheap for the last ten years has come to visit your country..and you will be making it!
@ R Cain….
Thanx for the Press TV Link
I just found out, watching the filler material while waiting,
that Israel has 80-400 Nukes (that’s quite a spread,of probability, though)
INCLUDING NEUTRON BOMBS!!!!
HOLY FUCK!!!!
I love the closing of the interview:
Have fun
You mean the Banksters don’t have Derivative Bets on FUN yet?
I AM SHOCKED!!! Just like Gordon Brown… GET REAL… THE FUTURE… THE FUTURE…
max ‘On the Edge’
real time on PressTV
in 12 minutes
6:32 pm EDT/22:32 GMT/23:32 BST
http://www.presstv.ir/default.aspx
top rhs ‘Watch Live’
@Marc. hello my french friend,
@namarama http://www.youtube.com/user/jbyeats#p/a/u/0/zgZGAdf_TT0
@namarama http://www.youtube.com/user/jbyeats#p/a/u/1/xOgsIHAQZ6g
@Harry Dick
Greece will soon be a nice shish kebab or a nice souvlaki. So will the lenders by the way. Must be fair. It’s fun seing all these europeans assholes thinking that the USA, their “friend” screwing them royally in the process. Stupid Europe. Stupid Greece. Don’t forget to lick your friends from Goldman Sachs.
Why would i terroni (or is that le terrone?) WANT Blair on RAI?
Berlusconi is bad enough…
no snoot, no phil, no WL. trouble coming?
By the way, loved Afshin letting it go there on Keiser Report Episode 36. Here in Italy, a popular talk show called “Che tempo che fa” on the supposedly lefty state tv channel Rai 3, was recently unable to host guest Tony Blair due to the volcanic ash/aviation probs. Thank god!!!
Great interview Max. On so many levels. Ending with it will “look like Saudi Arabia” is perfect because those in denial need to see real world examples.
And we now have to worry about some new weapon enabling the US to bomb us with banana’s in a non nuclear way oh Lord when will this ever stop ?!!
You have first to take out the Nazis crooks from Goldman Sachs.
As Bloomberg reports: “ADEDY, the Athens-based federation representing the more than 500,000 Greek civil servants who have seen wages cut this year, said the move signaled a new and “barbaric attack,” and called a protest rally for April 27 [yep, another day of strikes and rioting]. Another demonstration has been set by the opposition Syriza party for today in Athens. “This is a premeditated crime against Greek society,” Alexis
A referendum, an arrest of all Goldman Sachs employees and a firing squad.
Call for a referendum in Greeces against the bankster barbarians Nazis from Goldman Sachs Nazis USA. Now we are talking !
http://www.zerohedge.com/article/greeks-call-referendum-imf-bailout-call-austerity-barbaric-attack-and-premeditated-crime-aga
Have fun! It is gutwrenching.. It seems I live in the EUSA. Wall Street is stoking a financial counter insurgency.
Rajat Gupta and Laxmi Mittal named in the suit…!!
Max and Stacy! here is one professor who explain euro and greek crisis verry well:
http://mrzine.monthlyreview.org/2010/ghosh260310.html
Her name is Jayati Ghosh and she is at Delphi university!
ANd here is her profile at guardian.co.uk
http://www.guardian.co.uk/profile/jayatighosh
Jayati Ghosh is is one of the world’s leading female economists. She is professor of Economics at JawaharlalNehru university, New Delhi,
WHAT a chauvinist profile: leading female economist, and plus she is not cucasian nor jew hahahaha
Well Mr. Keiser, keep spreading the “banking dis-membership” scheme. We need men like yourself to help disable and stop the banking army.
suit against entire board of Goldman sachs…hehehehe….nice..
‘they stab it with their steely knives, but they just cant kill the beast’- Eagles
i am getting good at breaking Goldman news ….heheh…luv it…
wow wow wow, Greece is cooked … I was watching for the people to stand up, instead they stood down. To hell we go.
shareholder derivative lawsuit..new york supreme court…
SUIT FILED AGAINST THE LORD!!
sorry i mean Lloyd…..more news on Bloomberg
Awesome keep fighting Max
http://www.youtube.com/watch?v=27M5KWI_q50
RADIO WORKS
Ok, so we’ve been pounding the desk for months on the Greek debt. crisis, and wringing our hands about our big, fat, Greek default. As I have been trying to point out before Stacey rudely posted another subject, is that the Greek debt crisis is so much like Latvia, we aught to be looking at a policy rate adjustment in the EU zone.
It may be just me, as I have been advocating this for quite some time, but we may yet see a ¥ melt-up. So prior to this move, we should see a downside capitulation(as it had been in decline in the past few weeks.) As I understand, there is a record short position buildup in the Yen.
Very likely the next bubble to burst will be Asia-Pacific economies, they are so much like prior property bubbles in the region. Another place to look would be the Brazillian Real, as it has become overvalued, so they say.
How in hell a small country like Greece with no oil, almost inexistant resources or industry can pay a 300 billions euros debt ? What’s the current price of olive oil again ?
re: max on Greece
skillful commentary by max
notice the power of radio
(why did the comment board die?)
Have Fun! LOL
David Letterman
Goldman Sachs Top Ten
http://www.ritholtz.com/blog/2010/04/david-letterman-goldman-sachs-top-ten/
Stacy is hot