June 2010 Archives - 9/10

Check out the upgrades: PIRATEMYFILM.com

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Posted in Pirate Myfilm

Tony Hayward Sold One Third of His BP Shares Just Weeks Before ‘Spill’

Posted on June 6, 2010 by stacyherbert| 33 Comments

Stacy Summary: I wonder if he advised Goldman Sachs to dump their shares, too. Tony Hayward dumped 30% of his BP holdings weeks before blow out.

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Posted in Headlines

Tagged bp, deepwater horizon, tony hayward

The euro death sentence and a $2.6 trillion ‘mystery’

Posted on June 6, 2010 by stacyherbert| 97 Comments

Stacy Summary: Please note that the ‘euro will be dead’ prediction comes from ‘leading economists’ and we all know how well their predictions on the forever bubble went; regardless, the second NYTimes article goes a bit further in explaining what is happening with our financial systems. There is too much debt. It is mathematically impossible to pay these debts and, so, like all Minsky moments, nobody wants to be left holding the bad debt parcel. The liquidity crisis is caused by the solvency crisis.

**UPDATE**:

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Posted in Headlines

Tagged $2.6 trillion, debts, euro, greece, hungary, spain

[1133] The Truth About Markets – London – 05 June 2010

Posted on June 5, 2010 by stacyherbert| 65 Comments

Stacy Summary: Here it is! Hope you are having a good evening . . .

Download show here

For more download & listening options, visit Archive dot org

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Posted in Max Keiser Audio, The Truth About Markets London

Tagged london, resonance fm, truth about markets

[OTE57] On the Edge with Paul Craig Roberts

Posted on June 5, 2010 by stacyherbert| 138 Comments

Stacy Summary: Paul Craig Roberts, author of new book, How the Economy Was Lost, on outsourcing, libertarians, Israel and the BP oil spill.

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Posted in Max Keiser Video

Tagged max keiser, On the Edge, outsourcing, paul craig roberts

Flotilla Death Toll May Rise As Six Activists Still Missing; Autopsies Show The 9 Dead Activists Shot at Close Range, 5 Of Them in the Back, 48 Other Activists Have Gunshot Wounds

Posted on June 5, 2010 by stacyherbert| 129 Comments

Stacy Summary: More info about the flotilla massacre. Robert Fisk on the truth about Israeli propaganda. The Economist on what Israel bans from entering the Gaza Ghetto. Congressman Sherman wants to charge American flotilla members under The Anti-Terrorism and Effective Death Penalty Act of 1996, says Gazans better fed than those in many US cities. Neo-cons threaten Obama with Israeli strikes on Iran if he condemns Israeli ‘shot in the back of the head’ self-defence moves.

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Posted in Headlines

Tagged flotilla

Tribalism, Aggression & A Plague Upon the World

Posted on June 4, 2010 by stacyherbert| 107 Comments

Stacy Summary: Some opinion pieces that might make this Friday night even hotter than it already is (here in Paris anyway) . . .

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Posted in Headlines

Tagged glenn greenwald, paul craig roberts, tribalism

Existential Crisis at SocGen on Rumors of More Massive Derivatives Losses

Posted on June 4, 2010 by stacyherbert| 117 Comments

Stacy Summary: ** UPDATE ** – The ECB has only 77 billion euros in reserve and . . . Rumors of more derivatives losses at Societe Generale drag shares down up to 6%. The continuing and controlled demolition of every last penny of savings, whether in your pension account or your savings account, continues. These ‘losses’ will not stop until, as was discussed in the latest Keiser Report interview with Edward Harrison, the people say they have had enough of paying 100 cents on the dollar on these fraudulent derivatives.

From MaxKeiser.com Images

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Posted in Headlines

Tagged derivatives, societe generale

Gulf Coast Conservatives Seek Government Solution

Posted on June 4, 2010 by stacyherbert| 166 Comments

Stacy Summary: Too bad the US government is the same Big Business that caused the disaster and that, even with their high tech equipment (golf balls, tires and saws) is unable to fix the problem they created.

Conservatives Seek Government Solution to Oil Spill

In coastal Mississippi, Republican state Rep. Steven Palazzo has been critical of the federal government, including what he sees as an intrusive role in a health care overhaul that he – like many conservatives – calls “Obamacare.”

As he runs for Congress in a district that relies on shipbuilding, tourism and the seafood industry, Palazzo says Washington should do all it can to protect the Gulf of Mexico. He said his stance does not contradict his advocacy of limited government.

“This is not only an economic nightmare but it’s an ecological one as well,” Palazzo said. “We cannot spare any resource.”

From MaxKeiser.com Images

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Posted in Headlines

Tagged bp, gulf coast

[KR48] Flotilla Hashtag, Free Towels & Mini Max!

Posted on June 3, 2010 by stacyherbert| 123 Comments

Stacy Summary: We look at the scandals of “hashtag” propaganda; the revolution of free towels from the Best Party; and trillion dollar wars and security tabs beyond rational explanation. In the second half of the show, Max interviews Edward Harrison of CreditWritedowns.com about China-US as the most worrisome global hotspot, social outrage and rising up in Europe and around the world, and whether or not there is a gold bubble.

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Posted in Max Keiser Video

Tagged 48, best party, china bubble, edward harrison, keiser report, max keiser, propaganda, social outrage, stacy herbert

Seeking Collateral, Escaping Recourse

Posted on June 3, 2010 by stacyherbert| 152 Comments

Stacy Summary: Well, you have savers vs speculators and you have speculators vs speculators. This is a bit of both. Looks like investors/lenders are trying to secure the collateral that allegedly backs the $600 trillion in debts they ‘own,’ while debtors are trying to escape the debts they ‘owe.’

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Posted in Headlines

Tagged covered bonds, personal bankruptcy

Silver Down 20 Cents, Now if You Could Only Find Somewhere to Buy It . . . [UPDATED]

Posted on June 2, 2010 by stacyherbert| 211 Comments

Stacy Summary: Via Zerohedge, silver down as the US mint runs out of silver. Alas, and lol, I guess you can only buy paper silver at these knock down prices . . . . **UPDATE** – From DailyReckoning – US Mint Sold 190,000 one ounce gold American Eagles for May, most in any month since January 1999

From MaxKeiser.com Images

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Posted in Headlines

Tagged eagles, silver

Max Keiser on Dutch Radio – 25 May 2010

Posted on June 2, 2010 by stacyherbert| 62 Comments

Stacy Summary: Took awhile to find this online, but here is a recent interview Max gave with Micha Kat for Dutch radio. It’s all a bunch of Dutch until about 20 minutes in when they begin speaking English with Max. And here is an article the host wrote following the appearance (in Dutch).