Stacy Summary: In honor of Sumner Redstone NOT making death threats against the source of the story that Sumner was trying to force MTV to make a reality tv show around some young girl he allegedly fancied; here is a video from the very first months of MTV. Anyone here alive and/or old enough to remember those first months (for those who weren’t yet born then, here is a 3 hour stream from 1983 for a laugh), may recall that Billy Idol was one of THE big stars created:
Stacy Summary: Here are some of the articles I refer to: The Aftermath of the Global Housing Bubble Chokes the World Banking System. Market Ticker for charts on US GDP. Story on the BIS Gold Swap Update
For more download & listening options, visit Archive dot org
Stacy Summary: An energy bill passed the US Congress this past week which will enrich Republican donors, T. Boone Pickens and Home Depot. Not one single peep on this site from anyone let alone those who expend a HUGE amount of oxygen spewing hate for Al Gore. If there had been a genuinely principled argument against someone, like Gore, earning money off energy policy, then the same should hold true for Pickens and Home Depot. The fact that there hasn’t been, suggests to me that those doing the hating of Gore are really either having their angst directed by an outside force or are merely a partisan in the fake left/right debate who don’t mind the principle of profiting off energy policy if the correct ‘team’ is winning. If the mighty Al Gore can’t even win where T. Boone wipes the floor, it’s really getting difficult to believe all the emotion for Gore’s alleged superpowers is real.
T. Boone Pickens, the billionaire energy hedge-fund manager [SH - and Republican donor], and Home Depot Inc., [SH - 71% of their donations went to Republicans] the largest U.S. home-improvement retailer, are winners in energy legislation that fails to help solar-panel and wind-turbine makers.
The measure proposed yesterday by Senate Democrats would give Pickens victory in his lobbying campaign for more use of natural gas, providing $3.8 billion in rebates for cars and trucks powered by the fuel. Home Depot would benefit from provisions to channel $5 billion in rebates to homeowners who upgrade to more efficient appliances or add insulation that reduces energy use.
. . . . Absent from the measure were limits on carbon dioxide or requirements that utilities add solar and wind power to their portfolios.
Here’s the video, so where’s the hate for billionaire T. Boone’s profits:
Stacy Summary: With guest, Jim Willie of the GoldenJackass.com
PMF Fund initiates coverage of this new project (no. 167) with a C+ with a positive outlook. Could be a winner. It’s a small budget, just $500 – so I would anticipate share reservations will be scooped up fast.
Stacy Summary: I thought Russia was supposed to be the big beneficiary of global warming? The last two articles really go hand in hand in demonstrating the dangers of command and control, corrupt government statistics meant to trick the bond market and make the consumer (formerly known as citizen) feel better about shopping. And note that the US is the only developed nation to hedonically adjust their GDP numbers and yet over and over analysts and also the citizens of the US believe that because their GDP numbers, as stated, are higher than the rest of the world, they are the BEST!
- Russia’s wildfires have gotten so bad, Putin has been put in charge (BusinessInsider)
- Wildfires break out in Los Angeles (BusinessInsider)
- Japan: Land of the Rising Debt (ZeroHedge)
- Debunking the notion that unions hurt productivity (Naked Capitalism, summer rerun of 2007 article)
- Karl Denninger’s charts demonstrate massive delusional reporting of GDP numbers in US
Stacy Summary: This book sounds interesting, Neoconservatism: An Obituary for an Idea. Rupert Murdoch’s Fox News, of course, gives these guys so much air time to indoctrinate Americans into their quasi fascist cult. Here’s one source of info on who’s who in neoconservatism. Here is Ron Paul’s speech, “Neo-Conned”. I can think of no other group in the world that has done so much to destroy America as the neoconservatives. Their members are the primary architects of the wars currently bankrupting the nation (not to mention, murdering tens of thousands around the world) and of the legal and cultural arguments for ridding Americans of most of the Constitutional rights on which the nation was founded. And it is because of this fascist movement that the whole left / right, Red State / Blue State exists as the orchestrated Straussian sideshow it is. Prior to the neocons becoming the Republican party, there was at least a more genuine liberal / conservative choice and debate. Now you just have Big Government Dems and the even Bigger Government Republicans.
Stacy Summary: You can’t defraud nature. We can try to throw all the fractional reserve, fiat trickery at it, but the true cost will always be charged. Wheat prices rise to 14 month high as 32 pc of Russian cropland devastated by record high temperatures & Canadian crops damaged by ‘excessive rain.’
As long as interest rates stay near zero the debt expansion cycle — masked as asset sales — will continue to grow and the interest costs associated with these debts will continue to make up a greater percentage of GDP. Naturally, the government’s plan to pay the additional interest cost is to borrow more money.
Stacy Summary: Convergence of global police state following the sci-fi script to the word. Re: the second story, I included quotes that support my hypothesis that the intelligence services are looking for crowd-sourced analysis.
- Russia to give security services powers to arrest people for crimes they have yet to commit
- Google and CIA invest in Recorded Future (h/t all who linked to this)
First this one that could have come from Sumner “We’re not going to kill him” Redstone:
This appears to be the first time, however, that the intelligence community and Google have funded the same startup, at the same time. No one is accusing Google of directly collaborating with the CIA
America’s spy services have become increasingly interested in mining “open source intelligence” — information that’s publicly available, but often hidden in the daily avalanche of TV shows, newspaper articles, blog posts, online videos and radio reports.
“Secret information isn’t always the brass ring in our profession,” then CIA-director General Michael Hayden told a conference in 2008. “In fact, there’s a real satisfaction in solving a problem or answering a tough question with information that someone was dumb enough to leave out in the open.”
And if you can’t even prove you don’t owe zero cents, how can you prove you weren’t going to commit that crime they ‘predict’ you were going to commit? Comcast threatens to cut off service unless customer pays the $0.00 he owes