Bidders in Treasury auctions fall into three categories: Indirect (usually foreign buyers), primary dealers (the official trading partners of the Federal Reserve) and direct bidders (non primary dealers bidding on their own accounts, i.e. institutional investors like hedge funds or bond funds).
Indirect Bidder = Ben Bernanke, Can you say Cayman Islands?
Is Bernanke The Anonymous Bidder Buying Treasury Debt?
Last week there was a disturbing article in the Financial Times of London that raised a simple, but unanswerable question: Who’s buying US Treasury Notes? In other words, who’s buying all the debt that is being created with reckless abandon each and every day by the federal government? Last week auctions of U.S. treasury notes attracted very strong buying from domestic institutional investors. Several investment experts cited in the article speculate that there is “one big bidder” who is buying all the debt.
Me naive so It took me a couple of listens, but I now realize Jim Willie was speaking tonque in cheek when he said he believed the official 9-11 story and the official JFK assassination story.
What a person believes about 9-11 is my litmus test for any person speaking in mainstream or alternative news venues. I note that the recent Wikileaks regarding Afghanistan, “Wikileaks founder Julian Assange is ‘annoyed’ by 9/11 truth” at 911blogger, tells me leaks could be some kind of big charade, but I think 911blogger is a big fake joke too.
So I can see who bought the $2.7 trillion in net new Treasury debt issued between 2007 and 2009. http://tinyurl.com/27vkzm6 What I’m having more trouble seeing is who is going to buy the additional $8 trillion in net new debt that would be issued over the next decade under the CBO’s alternative fiscal scenario.
Why do people always speake about believe? You believe in the church my mother always said. There so overwhelming evidence for 911 that I think that Willie is just a coward to “believe” the official story also about JFK LOL nobody buys that anymore.
To keep on top: RELIEF WELL COLLAPSE: 40 feet of “side walls kind of feel in on itself”; BP to take 24-36 hours removing debris from wellbore (VIDEO) http://www.youtube.com/watch?v=HZPC_QtKXOc
I was just about to say he’s saver not messing with the financial guys and denying the official story with 911 and JFK LOL Didn’t check wat somebody said what Willie said. Is a bit off topic also http://img216.imageshack.us/img216/5256/0000348056008693.jpg sorry
Very nice. I like Jim Willie. I just added http://www.goldenjackass.com/main5.html to my bookmarks. I hope there is a run on physical metals. Runs are very good as they keep leverage in check. Go runs!
Jim Rules. Laywers = The brakes.Don’t bring lawyers, bring a warship like the French did in New York.
I hear the UK want to sell an aircraft carrier to India to pay for hyper expensive weapons. They are getting eaten alive. It seems it is becoming defenceless and unable to claim anything, not a good place to be. Back the the Wuthering Heights..
Weapon sales are used to recycle money in the clearly Non-Keynsian world economy.
@dan_v – yes, I saw that but thought it would upset the 2 minutes of hate crowd so didn’t post it (mind you, it’s not a story I bothered covering from the outset, especially with all those fake and/or manufactured stories coming from the ‘right’ these days in the states); while I’m sure Al Gore is as sleazy and involved in as many sex scandals as most political, finance and religious leaders, it seems, in this case, the accuser failed both the DNA and lie detector tests and refused to say whether or not she was being paid by a tabloid for her story was being paid by the National Enquirer; not that any of this will matter in 1984
@F.Beard – “we spent all our money to reduce CO2″? that’s insane; almost every single penny of US tax revenue collected goes to increasing CO2, it’s the exact opposite; all of our money (in the US) goes to the MIC and securing oil and mineral resources; you are listening to what they say not what they do; follow the money and you will see what they really mean to do; so why are so many people afraid of boogey men? is it because they are so much easier to smite than the real powerful elite seemingly able to do whatever they want?
@ Stacy or Max
I was tinkin that would’nt it be conciveable that Charitys charge say 5 or 6 % fer billionares to park tear monies in a tax free haven fer say 5 years and ten tey remove it ???
PS Same with religious intitutions world wide
I mean wit all ta billions of dollars donated by Warren Buffet & Bill Gates
there has been no real improovement in deseases like cancer etc
I tink its just a farce by tees billionares to avoid tax in times like tis fer example Economies are in a depression it would make sense would’nt it ?
I mean 10 % of 10 billion dollars is like five 200 mill yatches ????
Just a tote
Ya guys could investigate tees Billionare Twerps
& tee screw up is tee MSM paints tees billionare twerps as philanthropist
freakin tee best technology fer treatin cancer is radiation
Ironically Radiation causes cancer
Go figure ?????
@F.Beard – I might add that in France, which gets more than 80% of its energy from nuclear, all of our taxes and military spend goes to securing nuclear materials (which is, obviously, zero CO2 emissions energy) and this has meant that the energy monopolies here feel it has the right to control this resource globally; this is why you see the US and France united on Iran as it satisfies both of their respective energy oligarchies
Being a believer in the free market, I hate ALL government subsidies so of course I hate subsidies to Big Oil. But as an engineer, I question the wisdom of windmills. I think solar will eventually succeed since Nature does it very well (98+% efficiency). Nuclear power would also be very viable; we’ve come a long way since Chernobyl and Three Mile Island.
…so why are so many people afraid of boogey men? is it because they are so much easier to smite than the real powerful elite seemingly able to do whatever they want? Stacy
The really powerful elites will not be hurt by a destruction of the economy that a restriction of CO2 emissions will cause. So I fear that it is (sadly) you and Max that are serving the elites with regard to CO2.
@ stacyherbert
wow 80 % nuke energy yas livin a NUKE MINE FIELD
So if the nutjobs go to war wit Iran wit ta rulin of ta Coalation crap
Iran doesnt need nukes it just needs to bomb ta livin daylights outta ta Nuke reactors of France
lololololololololol
ROFL
Hic
I should be advisor to Dinner Jacket lolololololol
I might add that in France, which gets more than 80% of its energy from nuclear, all of our taxes and military spend goes to securing nuclear materials (which is, obviously, zero CO2 emissions energy) Stacy
Well there are things called breeder reactors that produce more nuclear fuel than they consume. I believe they require depleted uranium which the US military uses instead to inflict children with birth defects in our overseas aggression.
@F.Beard – “a destruction of the economy that a restriction of CO2 emissions will cause”; I don’t see evidence of this in France where as I said above, more than 80% of energy comes from nuclear power; taxes on gasoline are also very high, I believe well over 50% of the cost at the pump is actually taxes; again, I see no evidence that this has destroyed the economy as people just adapted and innovated with a combination of smaller cars, shorter drives and more public transport; also, if this low emission economy causes the destruction of the economy, then why is it that most French people I know have been on summer vacation for two weeks now and will not be returning for another three or four weeks, I’m not sure how they afford it, but it is not done via debt as there are very low personal debt levels here (I believe one of the lowest in Europe) and many of them have second homes out in the country (usually handed down via family which suggests they have not had to sell to pay inheritance taxes)
Well we just disagree with regard to CO2. I see the increase of it as a blessing since more CO2 equals more food to feed the world’s increasing population. A little extra warmth is good too for crops though personally I prefer cooler weather. Meanwhile, many of the paranoid elites would be happy to see the world’s population decrease to around 500 million. I’ll not be a party to murder.
Actually Saddam did a stupid mistake by firin an ballistic missile at Israel and tryin to provoke Isreal http://wapedia.mobi/en/Coalition_of_the_Gulf_War
He shoulda attacked anyone of tees countrys durin papa bushes rampage in 1990 / 1991
INDIA was’nt involved in iether of the wars
lol India ta peacefull country the Country tat doesnt export its religion
Hic
@Stacy: “which is, obviously, zero CO2 emissions energy” sorry but thats simply BS !!! to extract the material there is alot of CO2 created, i work in a energy company and here that, it just produces HALF of co2 as if you go and burn oil, cause alot of oil was used to get the mat. btw the material resource may be ending before OIL, have you watched the price for uran its increasing since years Mike would say its a Bull Market.
gets more than 80% of its energy from nuclear, all of our taxes and military spend goes to securing nuclear materials (which is, obviously, zero CO2 emissions energy)
Nuke energy is not clean energy as Fiatmentalist has pointed out
All ya first world country dumb the Toxic nuke waste product of Nuke Energy in 3rd werld countrys
Stacy I dunno how I missed tat one
so its US 1
Max & Stacy Zero
again
lolololololololol
ROFL
Hic
@snoot – “Are these people that disagree with your perspective, Stacy?”
No; you have to read the book or watch the film to understand the reference to and role of Emmanuel Goldstein; if you understood this, you would not have to ask the question
@Bonn – yes, it is a nuclear minefield and its devastated the river; plus, because they are cooled by the river waters, the 2003 heatwave caused the water temperatures to rise so much that the nuclear power plants were not able to use the water for cooling and so many of the power plants were forced to shut down; this is not something most think about when offering nuclear as a cure all; Finland also provides most of their energy via nuclear, many of the plants being built quite recently, but I am not aware of what the negative impacts, if any have been
… because they are cooled by the river waters, the 2003 heatwave caused the waters to rise so much that the nuclear power plants were not able to use the water for cooling and so many of the power plants were forced to shut down; Stacy
This seems like a red-herring to me because water for cooling can be recycled much as the water in a car radiator is. Now some nuclear power plants may not choose to do so but that does not mean they couldn’t.
Jeannon. Same here, had to watch it a couple times to get the wink, wink, nudge, nudge factor. then at the end Jim Willie admits that he’s been threatened and there are stories he won’t cover! He then warns Max to be careful. These were the most revealing aspects of the interview.
@snoot – I know you pride yourself on being an objective human being, but in terms of the two minutes of hate, I am referring to the emotional and ritualistic naming of Al Gore as the personification of the evils of climate change; I suspect this comes from the Saudi owned Fox News, but I’m not entirely sure
and it was based on my observation that over and over again “Al Gore” was being shouted in the comments as some sort of response to any article to do with drought, temperature, carbon, etc.
worship and hatred are two sides of the same totalitarian coin
I remember as a child visiting Hunterson nuclear power station, it got its water directly from the sea, i remember the sea water being green.
I remember they gave a talk to us students and i asked them to explain the high rate of lukemia amongst nuclear workers and their families. He explained it as being due to the fact that the workforce comes in from many different parts of the UK and as such they bring many differing viruses causing these illnesses. We collectivley thought “Bollox”
“and it was based on my observation that over and over again “Al Gore” was being shouted in the comments as some sort of response to any article to do with drought, temperature, carbon, etc”
@snoot – well we agree there on our subjective assessment of Al Gore; I once was practically roughed up by his bodyguards who looked like secret service, but I believe a VP is not entitled to secret service after 6 months? anyway, this was at Cannes for the premiere of his film, An Inconvenient Truth; and I happened to have a recording device with me and was going to ask him about the very bizarre fact that he is flying around, often in a private jet, in his film and yet no mention is ever made of this; anyway, we were the only four people on the rooftop terrace (Gore, his two goons and one publicist) and the publicist said, “sorry, no domestic press” I suppose because of my American accent I wasn’t allowed to ask); and, yes, he was giant, obese and ugly with shifty eyes; regardless of this, however, he is not the answer to a real debate on climate change; CO2 is a known greenhouse gas effect as cigarettes are a known carcinogen; not all people who smoke get lung cancer, however, and similarly, we don’t know what the complex system of the climate will do with the CO2 and methane emissions and that is where the debate should be; again, “Al Gore” is, in my opinion, just not an adequate response for if the issue is that he is profiting, well so, obviously, are those invested in oil; one needs only visit the Persian Gulf to witness that in spectacular fashion or look at Exxon’s quarterly profits; or look at Goldman Sachs’ role in setting the price of oil or the dozens of hedge funds that have rented many super tankers and tankers to store oil off the coast of the UK and Europe; Goldman Sachs plays a primary role in the oil market and they actually have real power, they have many, many executives in political power and yet nobody seems at all concerned about this
@ Stacy
I did tell yas I got a tour of the Nuke Powerplant here in India @ tarapur Nuke plant here in India in 2004 before it went live( it was gettin constructed @ tat time
Its ta most freakin Complicated buildin i have ever Seen or read about
We also got a chance to go into the Core of ta buildin where tee Nuke Fusion/fission would happen dont member
the place where the Nuke reaction takes place ; We went Inside
its around and 8 – 10 storey Dome with thickness of 1.75 meter reenforced concrete with a door tat was like all ta way to tee top if me memory serves me right Toe I tink it woulda been upto half way up till the 8/10 storeys high
And Tis door was designed to Shut in 0.75 seconds
tas a 1.75 meter wide door and maybe 10 meters wide and 8 storys tall
Not to sure about ta hieght do’t member
the door is of tee same material re-enforced concrete
the door is tear to guide in a robotic vehichle to replace ta uranium or whater material
besides tee dome tee buildin had like a gazzillion pipes carryin heavy water as ta coolant
Tey use regular water to boil wit necluear energy whcih makes steam wich powers Steam turbine energy
Essentially a Nuke Power Plant is a Kettle Tea Pot tat boils Water tas how ta Scientest Explained it To us
@snoot – so funny, you resorted to that argument while I was writing it! Well, okay, Al Gore is making money on climate change legislation (from the rest of the world); so what do you say about the opposite and continued use of 18 mpg cars and no public transport sort of economies that benefit Goldman Sachs: http://www.forbes.com/forbes/2009/0413/096-sachs-semgroup-goldman-goose-oil.html
Why are Goldman Sachs provided special exemption to the same charge as you lay at Al Gore’s feet?
tee round buildin in ta middle is where ta Nuke reaction takes place
ta buildin on ta right OMG tee most complicated buildin I have ever seen
I know it looks rectangular from ta outside but on ta inside it had like a gazzilion Tubes carryin Heavy water as well as normal water
tas also where tee gas Turbines are located tee buildin on ta right
Hic
I hope yas learnt sometin from mees todays
France has a had a effective bureaucracy for 100s of years – I am not sure that redneck countries like my own are capable of anything approaching rational scientific thought.
The best thing that my country can come up with is Jesuit educated drones who cannot conceive of anything outside of the mind prison that their masters have constructed for them.
Had to give up on Jimmy boy he still believes in some divine right to justice malarkey. This is just another anglo world view fairy tale. Even if I believed in the metal manipulation tale (which I don’t) there is no reason at all that justice ever has to come of markets. There is even less reason to think that Gold will ever form some new currency that will somehow SAVE US.
@Fiatmentalist – “Thats true Stacey,join us in a fight to defeat them ALL!!!!!!!!!!!”
Sorry, but I prefer capitalism; I have nothing against profit in a genuinely free market system; and I know we’ve not had that in many decades, but, nevertheless, it is something to strive for.
As I used to watch as a child, without mother necessity where would we be:
The Aynd Rand free market types will solve everything. “You dont get it cos you fail to wrap your head around the multy layered paradigm shifts and percieptions of freedom” ect has been proven to be nothing more than a cult. Mans infinite capacity to corrupt defeats all. The marxist hegailian dialectic is another crazy utopian cult, layed waste at mans innate ability to abhore vacumes. “Permament Revolution” was Marx’s way of saying “I dont have a clue what’s going on”. The fight is for the collective.
Maybe your right,maybe economy does equate to ecology,its a fake economy after all. Playing the bankers games? It will come down to nacessity, an ecological one. All the think tanks that study over population, none of them come up with a peacefully managed solution, they all predict cataclysm.
@snoot – again, you need to re-read 1984 before attempting to use the two minutes of hate; in the novel there IS a totalitarian regime which one could, if you were not a brainwashed citizen, choose to hate and overthrow, instead it this angst was re-directed by said totalitarian regime at someone (like Al Gore) who had zero real impact on their lives; in the case you try to make, I can point to many many real data points, including their own proud SEC filings that could demonstrate that Goldman Sachs is today setting the price of carbon and I can name you at least a dozen employees and former employees of the company able to stand before Congress and take money today from the taxpayer; show me just one single piece of evidence that Al Gore, who you really seem determined to make this conversation about and no I have not failed to notice that you are not talking about the real issue but about him; but nevertheless as you wish to discuss it as such, show me one single piece of evidence that Al Gore has had even a one penny impact on the price of carbon or who has any ability to take one penny from the US taxpayer equal to anything that Goldman Sachs can do, or for that matter JP Morgan, Halliburton, BP, Exxon, Blackwater, Walmart, Google, Raytheon, Boeing, Archer Daniels, Unocal, Citibank or even GM; if he (or any company that he is majority owner of) comes even within 1% of the power any single one of these have, I will eat andouillette
Great show. Max should have Jim Willie on more often. The collaboration is the most news worthy I have seen this year. Notice how both men have to live outside the US. It appears the wheels may be coming off the fiat financial wagon. There will be no justice until the world embraces real currencies. The international firm of Weasel, Finagle and Swindle has definitely run into a serious problem. I can only hope it gets much worse.
@Stacy
How can one embed the vid-clips into the response messages as you have done?
Or is that a privilege strictly for ADMINs ?
Is it that the “borders” have to be set for a maximum size?
If so, what are they?
I find it fascinating that people who don’t believe in something seem to think they get to define a purity test for those who do, particularly when the theory has a hint of altruism in it.
The only people who can legitimately criticize Al Gore’s actions relative to global climate change are those people who actually believe in global climate change. The fact that Al Gore stands to profit from investments he has made to combat global climate change does not bother me one bit because that is how free market economies are supposed to work. Trying to make the world a better place does not require taking a vow of poverty or otherwise pretending that we can ignore the current economic reality, which requires creating demand for new technologies before capitalists will invest in them.
Also wit porn ta site maxkeiser could be sued I guess
If u have noticed Stacy & Max don’t use Foul language toe tey would love to use I guess I know Max if let loose on Bernaky or turbo Timmy it would be a constant BEEEEEEEEEEEEEEEEEEEEEEEEEEEEp censorin Max
lol
ROFL
Hic
@ eshwan High Finance has it’s hint of danger.
Max as Max and Stacy as agent 99 in Get Money Smart.
Its all fun and games till they “Pull” a 47 story building to hide their crimes.
@Stacy:
I never meant to exempt Goldman Sachs from their part in the criminal functionality of the “invisible hand”. The idea that the carbon exchange is any less ponzi than the dollar/index exchange is ludicrous. Here’s Gore working his arms for the puppet string/masters:
We are 10 years after the stock market crash. (Nasdaq) We had another. Oil market-corner. summer 2008, followed by the stock market crash, fall 2008. Its already happened. Wild currency markets, ‘riots,’ bank failures.
This is the monthly chart of the discount rate, with the exception that the decimal place needs to move over one place to the left:
Just a little correction. Thomas Edison ended his life bankrupt. Like Mister Goodyear. Like Nicholas Tesla. Like Diesel. Inventors always get screwed.
The only exception is Nobel. Nobel invented dynamite and was resposible for the death of 100 million people. Shows you how Nobel prize is shit.
Jean-Paul Sartre refused the Nobel. At least he was logical. Capitalism is not good or bad. It’s just a mental convention. Capitalism is just a word.
The American miracle happened because USA did not have competition for at least a century. That’s the lesson to remember. All this was possible because USA did not have time and money to waiste being at war perpetually like the Europeans or Asia.
You might want to recall: (1) US Treasury borrows in its own name on behalf of the Federal Reserve Bank. Thus, it borrows more money than is needed for the USA deficits. This keeps the central bank from tapping capital markets in competition with US Treasury, Ben then uses this money for his special programs. How much was QE? Over one trillion. How much is excess bank reserve on deposit at Federal Reserve? Over one trillion. (2) Ben has been engaging in currency SWAPS with foreign central banks. It’s highly likely that Britain is then using that money to buy US Treasuries as part of the swap agreement. At least, that is my speculation on the matter. And, this is likely one reason why the Federal Reserve fears an audit of its books.
Jim Willie stated his view that the paper gold market will drop in price into a reporting halt (default…).
I agree. That would be a natural consequence of a loss of confidence in those markets. The bullion banks probably take comfort in knowing this. When wash-n-rinse is no longer possible shorts can be covered on the way to zero.
Too many people believe the paper price will rocket higher into a consequential default at high price.
Sorry folks – only the physical will fly.
Max just let that one go for some reason.
Yeah! Willie tell Us!
“You can’t defraud nature.” True. And yet nature itself is a fraud. We’ve got fraud coded in our DNA.
Direct Bidders (Anonymous)- Indirect Bidders
Bidders in Treasury auctions fall into three categories: Indirect (usually foreign buyers), primary dealers (the official trading partners of the Federal Reserve) and direct bidders (non primary dealers bidding on their own accounts, i.e. institutional investors like hedge funds or bond funds).
Indirect Bidder = Ben Bernanke, Can you say Cayman Islands?
Smoke, mirrors and Treasury sales http://ftalphaville.ft.com/blog/2009/06/26/59221/smoke-mirrors-and-treasury-sales/
Is Bernanke The Anonymous Bidder Buying Treasury Debt?
Last week there was a disturbing article in the Financial Times of London that raised a simple, but unanswerable question: Who’s buying US Treasury Notes? In other words, who’s buying all the debt that is being created with reckless abandon each and every day by the federal government? Last week auctions of U.S. treasury notes attracted very strong buying from domestic institutional investors. Several investment experts cited in the article speculate that there is “one big bidder” who is buying all the debt.
http://www.conquerchange.com/2010/01/is-bernanke-the-anonymous-bidder-buying-treasury-debt.html
Merci.
Me naive so It took me a couple of listens, but I now realize Jim Willie was speaking tonque in cheek when he said he believed the official 9-11 story and the official JFK assassination story.
What a person believes about 9-11 is my litmus test for any person speaking in mainstream or alternative news venues. I note that the recent Wikileaks regarding Afghanistan, “Wikileaks founder Julian Assange is ‘annoyed’ by 9/11 truth” at 911blogger, tells me leaks could be some kind of big charade, but I think 911blogger is a big fake joke too.
Who’s Buying All That Debt? http://www.neurosoftware.ro/finance/insurance/economy/whos-buying-all-that-debt/
So I can see who bought the $2.7 trillion in net new Treasury debt issued between 2007 and 2009. http://tinyurl.com/27vkzm6 What I’m having more trouble seeing is who is going to buy the additional $8 trillion in net new debt that would be issued over the next decade under the CBO’s alternative fiscal scenario.
Jim Willie …. says they need lawyers to force the issue ?
Doesn’t he know that JPM is the main FED Cartel member…
… and the FED Cartel runs America ?
OK, you may find a lawyer that is “outside” the Ponzi scheme, but will you find a judge ? … and they change the laws as they go anyway !
nice bit of info. thanks Max and Jim.
@Jeannon Kralj
Why do people always speake about believe? You believe in the church my mother always said. There so overwhelming evidence for 911 that I think that Willie is just a coward to “believe” the official story also about JFK LOL nobody buys that anymore.
@Youri … Jim W. and 9 1 1
I guess he doesn’t want to get DE-blogged !
To keep on top: RELIEF WELL COLLAPSE: 40 feet of “side walls kind of feel in on itself”; BP to take 24-36 hours removing debris from wellbore (VIDEO) http://www.youtube.com/watch?v=HZPC_QtKXOc
Complete interview; http://www.c-span.org/Watch/Media/2010/07/30/OIL/A/36289/Coast+Guard+Admiral+Thad+Allen+Ret+Briefing+on+Gulf+Oil+Spill.aspx
@MirrorMirror
You see that attitude at the end when he says to Max “Keep save”.
Well better stick to Willies specialties “Shoemaker stick to your last!”
@Youri @MirrorMirror – it is quite obvious he is just being facetious
@Stacy. ya think? so a bear does shit in the woods.
“Jim Willie …. says they need lawyers to force the issue ?
Doesn’t he know that JPM is the main FED Cartel member…
… and the FED Cartel runs America ?
OK, you may find a lawyer that is “outside” the Ponzi scheme, but will you find a judge ? … and they change the laws as they go anyway !”
Yep and I’m sure he well knows it, but Jim is still the dogs bollocks.
@flicks. can they change the golden rule?
@stacyherbert
I was just about to say he’s saver not messing with the financial guys and denying the official story with 911 and JFK LOL Didn’t check wat somebody said what Willie said. Is a bit off topic also http://img216.imageshack.us/img216/5256/0000348056008693.jpg sorry
Ethics panel to charge California Rep. Waters
http://news.yahoo.com/s/ap/20100731/ap_on_go_co/us_waters_ethics
Its about time worthless rep that she is
Good on ya for getting Jim willie on.
Very nice. I like Jim Willie. I just added http://www.goldenjackass.com/main5.html to my bookmarks. I hope there is a run on physical metals. Runs are very good as they keep leverage in check. Go runs!
Jim Rules. Laywers = The brakes.Don’t bring lawyers, bring a warship like the French did in New York.
I hear the UK want to sell an aircraft carrier to India to pay for hyper expensive weapons. They are getting eaten alive. It seems it is becoming defenceless and unable to claim anything, not a good place to be. Back the the Wuthering Heights..
Weapon sales are used to recycle money in the clearly Non-Keynsian world economy.
@Daniel S
I get tricked by nature all the time..
Gore will not be charged over masseuse allegations
http://news.yahoo.com/s/ap/20100731/ap_on_re_us/us_gore_sex_allegations
go figure
Jim Willie was very good but where was Stacy? We want Stacy!
so a bear does shit in the woods. ronron
My favorite was “Is the Pope Italian?” which unfortunately was ruined when a Pole became Pope.
Bloomberg: Oil recieves 557 billion usd subsidy annualy. Alt energy 46..
@dan_v – yes, I saw that but thought it would upset the 2 minutes of hate crowd so didn’t post it (mind you, it’s not a story I bothered covering from the outset, especially with all those fake and/or manufactured stories coming from the ‘right’ these days in the states); while I’m sure Al Gore is as sleazy and involved in as many sex scandals as most political, finance and religious leaders, it seems, in this case, the accuser failed both the DNA and lie detector tests and
refused to say whether or not she was being paid by a tabloid for her storywas being paid by the National Enquirer; not that any of this will matter in 1984… yes, I saw that but thought it would upset the 2 minutes of hate crowd so didn’t post it Stacy
Green at last
An asteroid came at us
but what could we do?
We’d spent all our money
to reduce CO2.
On it came,
on it came,
we were dismayed.
We prayed to Lord Al G,
but he’d flown away…
We were blasted
and shattered
and what’s worse more
we in Tennessee
were covered in Gore!
And now we’re just green ooze
with bubbling gas.
Lord Algae is proud of us
“Green at last!”
But though we’re green,
we’re also blue;
we miss that lovely
CO2.
@F.Beard – “we spent all our money to reduce CO2″? that’s insane; almost every single penny of US tax revenue collected goes to increasing CO2, it’s the exact opposite; all of our money (in the US) goes to the MIC and securing oil and mineral resources; you are listening to what they say not what they do; follow the money and you will see what they really mean to do; so why are so many people afraid of boogey men? is it because they are so much easier to smite than the real powerful elite seemingly able to do whatever they want?
@ Stacy or Max
I was tinkin that would’nt it be conciveable that Charitys charge say 5 or 6 % fer billionares to park tear monies in a tax free haven fer say 5 years and ten tey remove it ???
PS Same with religious intitutions world wide
I mean wit all ta billions of dollars donated by Warren Buffet & Bill Gates
there has been no real improovement in deseases like cancer etc
I tink its just a farce by tees billionares to avoid tax in times like tis fer example Economies are in a depression it would make sense would’nt it ?
I mean 10 % of 10 billion dollars is like five 200 mill yatches ????
Just a tote
Ya guys could investigate tees Billionare Twerps
& tee screw up is tee MSM paints tees billionare twerps as philanthropist
freakin tee best technology fer treatin cancer is radiation
Ironically Radiation causes cancer
Go figure ?????
@F.Beard – I might add that in France, which gets more than 80% of its energy from nuclear, all of our taxes and military spend goes to securing nuclear materials (which is, obviously, zero CO2 emissions energy) and this has meant that the energy monopolies here feel it has the right to control this resource globally; this is why you see the US and France united on Iran as it satisfies both of their respective energy oligarchies
@Stacy,
Being a believer in the free market, I hate ALL government subsidies so of course I hate subsidies to Big Oil. But as an engineer, I question the wisdom of windmills. I think solar will eventually succeed since Nature does it very well (98+% efficiency). Nuclear power would also be very viable; we’ve come a long way since Chernobyl and Three Mile Island.
…so why are so many people afraid of boogey men? is it because they are so much easier to smite than the real powerful elite seemingly able to do whatever they want? Stacy
The really powerful elites will not be hurt by a destruction of the economy that a restriction of CO2 emissions will cause. So I fear that it is (sadly) you and Max that are serving the elites with regard to CO2.
But of course I still love you both.
@ stacyherbert
wow 80 % nuke energy yas livin a NUKE MINE FIELD
So if the nutjobs go to war wit Iran wit ta rulin of ta Coalation crap
Iran doesnt need nukes it just needs to bomb ta livin daylights outta ta Nuke reactors of France
lololololololololol
ROFL
Hic
I should be advisor to Dinner Jacket lolololololol
I might add that in France, which gets more than 80% of its energy from nuclear, all of our taxes and military spend goes to securing nuclear materials (which is, obviously, zero CO2 emissions energy) Stacy
Well there are things called breeder reactors that produce more nuclear fuel than they consume. I believe they require depleted uranium which the US military uses instead to inflict children with birth defects in our overseas aggression.
@F.Beard – “a destruction of the economy that a restriction of CO2 emissions will cause”; I don’t see evidence of this in France where as I said above, more than 80% of energy comes from nuclear power; taxes on gasoline are also very high, I believe well over 50% of the cost at the pump is actually taxes; again, I see no evidence that this has destroyed the economy as people just adapted and innovated with a combination of smaller cars, shorter drives and more public transport; also, if this low emission economy causes the destruction of the economy, then why is it that most French people I know have been on summer vacation for two weeks now and will not be returning for another three or four weeks, I’m not sure how they afford it, but it is not done via debt as there are very low personal debt levels here (I believe one of the lowest in Europe) and many of them have second homes out in the country (usually handed down via family which suggests they have not had to sell to pay inheritance taxes)
@Stacy,
I agree with regard to Iran. We should leave those folks be. In fact, it would be good if they had a nuke or two to protect them from US invasion.
I tote it was 65 % Nuke energy I guess I had old data
@Stacy,
Well we just disagree with regard to CO2. I see the increase of it as a blessing since more CO2 equals more food to feed the world’s increasing population. A little extra warmth is good too for crops though personally I prefer cooler weather. Meanwhile, many of the paranoid elites would be happy to see the world’s population decrease to around 500 million. I’ll not be a party to murder.
And where does the french nuclear waste go?
http://ipsnews.net/news.asp?idnews=31466
Maybe thats whats causing the heat wave
Actually Saddam did a stupid mistake by firin an ballistic missile at Israel and tryin to provoke Isreal
http://wapedia.mobi/en/Coalition_of_the_Gulf_War
He shoulda attacked anyone of tees countrys durin papa bushes rampage in 1990 / 1991
INDIA was’nt involved in iether of the wars
lol India ta peacefull country the Country tat doesnt export its religion
Hic
@Stacy: “which is, obviously, zero CO2 emissions energy” sorry but thats simply BS !!! to extract the material there is alot of CO2 created, i work in a energy company and here that, it just produces HALF of co2 as if you go and burn oil, cause alot of oil was used to get the mat. btw the material resource may be ending before OIL, have you watched the price for uran its increasing since years Mike would say its a Bull Market.
@ Stacy
gets more than 80% of its energy from nuclear, all of our taxes and military spend goes to securing nuclear materials (which is, obviously, zero CO2 emissions energy)
Nuke energy is not clean energy as Fiatmentalist has pointed out
All ya first world country dumb the Toxic nuke waste product of Nuke Energy in 3rd werld countrys
Stacy I dunno how I missed tat one
so its US 1
Max & Stacy Zero
again
lolololololololol
ROFL
Hic
“2 minutes of hate crowd”
Are these people that disagree with your perspective, Stacy?
http://www.youtube.com/watch?v=XsbtAxGTAE4&feature=player_embedded
Environment Environment Screw Humans
lololololol
ROFL
Hic
@snoot – “Are these people that disagree with your perspective, Stacy?”
No; you have to read the book or watch the film to understand the reference to and role of Emmanuel Goldstein; if you understood this, you would not have to ask the question
@ frances snoot
“2 minutes of hate crowd”
Are these people that disagree with your perspective, Stacy?
we are part of 2 minute hate crowd
YES
Hic
The problematic is who gets to control the ‘shared narrative’, right? Or are we referring to ‘truth’ in the 1984 signet.
Which monied interest forwards ‘truth’?
Truth as a construct of consensuality forced by state aperture is at odds with science.
@Bonn – yes, it is a nuclear minefield and its devastated the river; plus, because they are cooled by the river waters, the 2003 heatwave caused the water temperatures to rise so much that the nuclear power plants were not able to use the water for cooling and so many of the power plants were forced to shut down; this is not something most think about when offering nuclear as a cure all; Finland also provides most of their energy via nuclear, many of the plants being built quite recently, but I am not aware of what the negative impacts, if any have been
Here are some links regarding the shortcomings of French nuclear energy: http://www.commondreams.org/headlines06/0728-06.htm / / / http://www.nytimes.com/2007/05/20/health/20iht-nuke.1.5788480.html
And, by the way, it seems water is a major problem for both nuclear and oil
You’re applying the usage of “two minutes of hate” in a subjective fashion, Stacy, as did Orwell. I was wondering about the implications only.
I did read the book but twentyodd years back.
… because they are cooled by the river waters, the 2003 heatwave caused the waters to rise so much that the nuclear power plants were not able to use the water for cooling and so many of the power plants were forced to shut down; Stacy
This seems like a red-herring to me because water for cooling can be recycled much as the water in a car radiator is. Now some nuclear power plants may not choose to do so but that does not mean they couldn’t.
Jeannon. Same here, had to watch it a couple times to get the wink, wink, nudge, nudge factor. then at the end Jim Willie admits that he’s been threatened and there are stories he won’t cover! He then warns Max to be careful. These were the most revealing aspects of the interview.
@snoot – I know you pride yourself on being an objective human being, but in terms of the two minutes of hate, I am referring to the emotional and ritualistic naming of Al Gore as the personification of the evils of climate change; I suspect this comes from the Saudi owned Fox News, but I’m not entirely sure
and it was based on my observation that over and over again “Al Gore” was being shouted in the comments as some sort of response to any article to do with drought, temperature, carbon, etc.
worship and hatred are two sides of the same totalitarian coin
@F.Beard – oh, that’s water temperatures I meant to write, not waters
I remember as a child visiting Hunterson nuclear power station, it got its water directly from the sea, i remember the sea water being green.
I remember they gave a talk to us students and i asked them to explain the high rate of lukemia amongst nuclear workers and their families. He explained it as being due to the fact that the workforce comes in from many different parts of the UK and as such they bring many differing viruses causing these illnesses. We collectivley thought “Bollox”
“I know you pride yourself on being an objective human being”
Al Gore is a schmuck: that’s my subjective opinion.
As for pride: that in itself is an indication of a subjective stance, Stacy. You are the champion of objective truth, not I.
“and it was based on my observation that over and over again “Al Gore” was being shouted in the comments as some sort of response to any article to do with drought, temperature, carbon, etc”
http://climateerinvest.blogspot.com/2010/04/al-gore-score-intercontinental-exchange.html
@snoot – well we agree there on our subjective assessment of Al Gore; I once was practically roughed up by his bodyguards who looked like secret service, but I believe a VP is not entitled to secret service after 6 months? anyway, this was at Cannes for the premiere of his film, An Inconvenient Truth; and I happened to have a recording device with me and was going to ask him about the very bizarre fact that he is flying around, often in a private jet, in his film and yet no mention is ever made of this; anyway, we were the only four people on the rooftop terrace (Gore, his two goons and one publicist) and the publicist said, “sorry, no domestic press” I suppose because of my American accent I wasn’t allowed to ask); and, yes, he was giant, obese and ugly with shifty eyes; regardless of this, however, he is not the answer to a real debate on climate change; CO2 is a known greenhouse gas effect as cigarettes are a known carcinogen; not all people who smoke get lung cancer, however, and similarly, we don’t know what the complex system of the climate will do with the CO2 and methane emissions and that is where the debate should be; again, “Al Gore” is, in my opinion, just not an adequate response for if the issue is that he is profiting, well so, obviously, are those invested in oil; one needs only visit the Persian Gulf to witness that in spectacular fashion or look at Exxon’s quarterly profits; or look at Goldman Sachs’ role in setting the price of oil or the dozens of hedge funds that have rented many super tankers and tankers to store oil off the coast of the UK and Europe; Goldman Sachs plays a primary role in the oil market and they actually have real power, they have many, many executives in political power and yet nobody seems at all concerned about this
http://www.chicagoclimatex.com/content.jsf?id=67
CCX Directors
@ Stacy
I did tell yas I got a tour of the Nuke Powerplant here in India @ tarapur Nuke plant here in India in 2004 before it went live( it was gettin constructed @ tat time
Its ta most freakin Complicated buildin i have ever Seen or read about
We also got a chance to go into the Core of ta buildin where tee Nuke Fusion/fission would happen dont member
the place where the Nuke reaction takes place ; We went Inside
its around and 8 – 10 storey Dome with thickness of 1.75 meter reenforced concrete with a door tat was like all ta way to tee top if me memory serves me right Toe I tink it woulda been upto half way up till the 8/10 storeys high
And Tis door was designed to Shut in 0.75 seconds
tas a 1.75 meter wide door and maybe 10 meters wide and 8 storys tall
Not to sure about ta hieght do’t member
the door is of tee same material re-enforced concrete
the door is tear to guide in a robotic vehichle to replace ta uranium or whater material
besides tee dome tee buildin had like a gazzillion pipes carryin heavy water as ta coolant
Tey use regular water to boil wit necluear energy whcih makes steam wich powers Steam turbine energy
Essentially a Nuke Power Plant is a Kettle Tea Pot tat boils Water tas how ta Scientest Explained it To us
lolololololololol
ROFL
Hic
* correction
And Tis door was designed to Shut in 0.75 seconds in-case of a Nuke accident
@Snoot
He’s also a big stupid prick like Bill Clinton. Un mal baisé.
@snoot – so funny, you resorted to that argument while I was writing it! Well, okay, Al Gore is making money on climate change legislation (from the rest of the world); so what do you say about the opposite and continued use of 18 mpg cars and no public transport sort of economies that benefit Goldman Sachs: http://www.forbes.com/forbes/2009/0413/096-sachs-semgroup-goldman-goose-oil.html
Why are Goldman Sachs provided special exemption to the same charge as you lay at Al Gore’s feet?
http://www.topnews.in/files/Tarapur-Atomic-Power-Station.jpg
&
http://media2.intoday.in/businesstoday/images/stories//Aug24/080805084938_nuclear1-1.jpg
tee round buildin in ta middle is where ta Nuke reaction takes place
ta buildin on ta right OMG tee most complicated buildin I have ever seen
I know it looks rectangular from ta outside but on ta inside it had like a gazzilion Tubes carryin Heavy water as well as normal water
tas also where tee gas Turbines are located tee buildin on ta right
Hic
I hope yas learnt sometin from mees todays
I could explain everythang in proper English if yas did’nt gets mees
lololololololol
ROFL
Hic
Heres an nth generation banker and a nth generation politician explaining things to the children
http://www.youtube.com/watch?v=YwFUVs5ev00
“Why are Goldman Sachs provided special exemption to the same charge as you lay at Al Gore’s feet?”
Thats true Stacey,join us in a fight to defeat them ALL!!!!!!!!!!!
France has a had a effective bureaucracy for 100s of years – I am not sure that redneck countries like my own are capable of anything approaching rational scientific thought.
The best thing that my country can come up with is Jesuit educated drones who cannot conceive of anything outside of the mind prison that their masters have constructed for them.
Not true Dork your country gave us Phil
http://www.youtube.com/watch?v=0zEZriQOA2o
He offsets the Nolans, Bono and jedwards, but only just!!!
Had to give up on Jimmy boy he still believes in some divine right to justice malarkey. This is just another anglo world view fairy tale. Even if I believed in the metal manipulation tale (which I don’t) there is no reason at all that justice ever has to come of markets. There is even less reason to think that Gold will ever form some new currency that will somehow SAVE US.
@ Stacy
PS I also Like Homer Simpson cartoon
lolololololololol
He’s in charge of a nuke power plant tooooooo funny
lolololololol
ROFL
Hic
@ Bonn
That would be fission.
As far as I know no one has got fusion to work on a commercial scale.
And I use the term “commercial scale” very loosely because without massive subsidies fission would likely not work either.
@Fiatmentalist – “Thats true Stacey,join us in a fight to defeat them ALL!!!!!!!!!!!”
Sorry, but I prefer capitalism; I have nothing against profit in a genuinely free market system; and I know we’ve not had that in many decades, but, nevertheless, it is something to strive for.
As I used to watch as a child, without mother necessity where would we be:
@Stacy:
Would I have been set in ‘time-out’ with other commenteurs as part of the two-minute hate party if I ranted on Goldman Sachs asswell, Stacy?
I’m not a boyscout.
Tut tut Stacey, thought wed been over this.
The Aynd Rand free market types will solve everything. “You dont get it cos you fail to wrap your head around the multy layered paradigm shifts and percieptions of freedom” ect has been proven to be nothing more than a cult. Mans infinite capacity to corrupt defeats all. The marxist hegailian dialectic is another crazy utopian cult, layed waste at mans innate ability to abhore vacumes. “Permament Revolution” was Marx’s way of saying “I dont have a clue what’s going on”. The fight is for the collective.
Maybe your right,maybe economy does equate to ecology,its a fake economy after all. Playing the bankers games? It will come down to nacessity, an ecological one. All the think tanks that study over population, none of them come up with a peacefully managed solution, they all predict cataclysm.
@All
Heres a Saturday night Pizza from the future, enjoy
http://www.youtube.com/watch?v=O5EUU8_QcPk
Later dudes
@snoot – again, you need to re-read 1984 before attempting to use the two minutes of hate; in the novel there IS a totalitarian regime which one could, if you were not a brainwashed citizen, choose to hate and overthrow, instead it this angst was re-directed by said totalitarian regime at someone (like Al Gore) who had zero real impact on their lives; in the case you try to make, I can point to many many real data points, including their own proud SEC filings that could demonstrate that Goldman Sachs is today setting the price of carbon and I can name you at least a dozen employees and former employees of the company able to stand before Congress and take money today from the taxpayer; show me just one single piece of evidence that Al Gore, who you really seem determined to make this conversation about and no I have not failed to notice that you are not talking about the real issue but about him; but nevertheless as you wish to discuss it as such, show me one single piece of evidence that Al Gore has had even a one penny impact on the price of carbon or who has any ability to take one penny from the US taxpayer equal to anything that Goldman Sachs can do, or for that matter JP Morgan, Halliburton, BP, Exxon, Blackwater, Walmart, Google, Raytheon, Boeing, Archer Daniels, Unocal, Citibank or even GM; if he (or any company that he is majority owner of) comes even within 1% of the power any single one of these have, I will eat andouillette
Great show. Max should have Jim Willie on more often. The collaboration is the most news worthy I have seen this year. Notice how both men have to live outside the US. It appears the wheels may be coming off the fiat financial wagon. There will be no justice until the world embraces real currencies. The international firm of Weasel, Finagle and Swindle has definitely run into a serious problem. I can only hope it gets much worse.
interesting. http://www.mybudget360.com/40-years-of-housing-data-real-estate-values-in-gold-ounces-real-estate-expensive/
Two Modern Divinities Better Than One
http://www.thedailybell.com/1257/Two-Modern-Divinities-Better-Than-One.html?
Gandalf, Government, Goldman, et al.
Arabs are buying up the gold, did he say?
Rollover (1981)
http://www.youtube.com/watch?v=GPYLJoq_40Y
@Stacy
How can one embed the vid-clips into the response messages as you have done?
Or is that a privilege strictly for ADMINs ?
Is it that the “borders” have to be set for a maximum size?
If so, what are they?
@stacy,
I find it fascinating that people who don’t believe in something seem to think they get to define a purity test for those who do, particularly when the theory has a hint of altruism in it.
The only people who can legitimately criticize Al Gore’s actions relative to global climate change are those people who actually believe in global climate change. The fact that Al Gore stands to profit from investments he has made to combat global climate change does not bother me one bit because that is how free market economies are supposed to work. Trying to make the world a better place does not require taking a vow of poverty or otherwise pretending that we can ignore the current economic reality, which requires creating demand for new technologies before capitalists will invest in them.
@stacy (again)
A pithier way of saying it: it’s okay to ignore snoot on this one.
Engaging him about Al Gore only lends legitimacy to his point of view, which you will never change.
@ Giuseppe Bagodonutti
How can one embed the vid-clips into the response messages as you have done?
If Stacy n max allow tat we could have a lotta porn commin onta tis site
its a Security Reason
Hic
Also wit porn ta site maxkeiser could be sued I guess
If u have noticed Stacy & Max don’t use Foul language toe tey would love to use I guess I know Max if let loose on Bernaky or turbo Timmy it would be a constant BEEEEEEEEEEEEEEEEEEEEEEEEEEEEp censorin Max
lol
ROFL
Hic
@ eshwan High Finance has it’s hint of danger.
Max as Max and Stacy as agent 99 in Get Money Smart.
Its all fun and games till they “Pull” a 47 story building to hide their crimes.
@Stacy:
I never meant to exempt Goldman Sachs from their part in the criminal functionality of the “invisible hand”. The idea that the carbon exchange is any less ponzi than the dollar/index exchange is ludicrous. Here’s Gore working his arms for the puppet string/masters:
http://www.flickr.com/photos/worldeconomicforum/2297309034/
How does Cramer, man of mixed metaphors, know that ‘the bad bank is over?’
http://www.thestreet.com/video/10818336/cramer-bad-bank-is-over.html?puc=_yahooplayer&s=1#275266292001
This is a snapshot of an article from 1938, approx. 9 years after the stock market crash in 1929:
http://www.flickr.com/photos/11747277@N07/4846479116/sizes/l/
reference can be found here:
http://select.nytimes.com/gst/abstract.html?res=F00816FD3F5F1B7A93C6AB1789D95F4C8385F9
We are 10 years after the stock market crash. (Nasdaq) We had another. Oil market-corner. summer 2008, followed by the stock market crash, fall 2008. Its already happened. Wild currency markets, ‘riots,’ bank failures.
This is the monthly chart of the discount rate, with the exception that the decimal place needs to move over one place to the left:
http://stockcharts.com/h-sc/ui?s=$IRX&p=M&b=5&g=0&id=p07612094302&a=191116053&listNum=2
BP’s new boss says it’s time for a “scaleback” in cleaning up the Gulf of Mexico oil spill.
http://news.yahoo.com/s/ap/20100730/ap_on_bi_ge/us_gulf_oil_spill
@Stacy
Just a little correction. Thomas Edison ended his life bankrupt. Like Mister Goodyear. Like Nicholas Tesla. Like Diesel. Inventors always get screwed.
The only exception is Nobel. Nobel invented dynamite and was resposible for the death of 100 million people. Shows you how Nobel prize is shit.
Jean-Paul Sartre refused the Nobel. At least he was logical. Capitalism is not good or bad. It’s just a mental convention. Capitalism is just a word.
The American miracle happened because USA did not have competition for at least a century. That’s the lesson to remember. All this was possible because USA did not have time and money to waiste being at war perpetually like the Europeans or Asia.
You might want to recall: (1) US Treasury borrows in its own name on behalf of the Federal Reserve Bank. Thus, it borrows more money than is needed for the USA deficits. This keeps the central bank from tapping capital markets in competition with US Treasury, Ben then uses this money for his special programs. How much was QE? Over one trillion. How much is excess bank reserve on deposit at Federal Reserve? Over one trillion. (2) Ben has been engaging in currency SWAPS with foreign central banks. It’s highly likely that Britain is then using that money to buy US Treasuries as part of the swap agreement. At least, that is my speculation on the matter. And, this is likely one reason why the Federal Reserve fears an audit of its books.
…
Jim Willie stated his view that the paper gold market will drop in price into a reporting halt (default…).
I agree. That would be a natural consequence of a loss of confidence in those markets. The bullion banks probably take comfort in knowing this. When wash-n-rinse is no longer possible shorts can be covered on the way to zero.
Too many people believe the paper price will rocket higher into a consequential default at high price.
Sorry folks – only the physical will fly.
Max just let that one go for some reason.