According to Rupert Murdoch’s Wall Street Journal, the WikiLeaks video of Americans killing civilians in Iraq for cheap thrills did not get widely disseminated around the world. For this reason WikiLeaks decided to release 90,000 documents detailing the American genocide in Afghanistan and Iraq.
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Posted in Headlines, Pirate Myfilm
Stacy Summary: Another lesson in rigged markets, this time with commodity ETFs, contango and pre-rolling. Dumb money, of course, usually hopes it is the other money that is dumber. But the house always wins.
Contango isn’t the only reason commodity ETFs make lousy buy-and-hold investments. Professional futures traders exploit the ETFs’ monthly rolls to make easy profits at the little guy’s expense. Unlike ETF managers, the professionals don’t trade at set times. They can buy the next month ahead of the big programmed rolls to drive up the price, or sell before the ETF, pushing down the price investors get paid for expiring futures. The strategy is called pre-rolling.
“I make a living off the dumb money,” says Emil van Essen, founder of an eponymous commodity trading company in Chicago. Van Essen developed software that predicts and profits from pre-rolling. “These index funds get eaten alive by people like me,” he says.
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The ads should be for MaxKeiser.com, PirateMyfilm.com, any of the projects you have listed on PirateMyfilm.com, Karmabanque or GulagWealthFund.com.
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Posted in Headlines
It took a year, but letting key folks at the MPAA know how destabilizing box office futures would be, as rolled out by Cantor Fitzgerald; has resulted in Congress outlawing these contracts and Cantor firing everybody involved.
Phase 1 complete.
Time for phase 2.
I am now working to get another country – possibly Russia – to launch these contracts per my original design objectives and IP.
This will level the playing field in terms of having a global cinema market that is not dominated by one town in one country: LA
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Posted in Headlines
Stacy Summary: Fantastic piece from Ambrose Evans Pritchard today, The Death of Paper Money. He offers a few terrifying quotes from a book about when hyperinflation hit suddenly in Weimar Germany:
Corruption became rampant. People were stripped of their coat and shoes at knife-point on the street. The winners were those who — by luck or design — had borrowed heavily from banks to buy hard assets, or industrial conglomerates that had issued debentures. There was a great transfer of wealth from saver to debtor, though the Reichstag later passed a law linking old contracts to the gold price. Creditors clawed back something.
At the moment, we are all waiting nervously as the over trillion in new money supply just sits there on the banks balance sheet. In the UK, they are now ordering banks to begin circulating that money in a manner not to dissimilar to the knife-point hold ups on the streets of Germany.
When velocity returns, good luck to one and all.
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Paddy Power, an Irish online gambling site, is taking bets on which species will become extinct as a result of the British Petroleum’s Deepwater Horizon oil rig explosion.
Irish firm gambles on extinction
Pirate Myfilm: Reserve Shares In:
“Suicide Speculators: ‘The Story of How Wall St. Bankers Bet on Their Own 9/11 Deaths’ (BROKZ:PMF)
“Irish Suicide Bankers” (ISUIC:PMF)
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Posted in Headlines, Pirate Myfilm
“In the spirit of offering constructive alternatives, we are compelled to look outside US borders for a better model, to another nation that appears to manage its responsibilities to its constituency better. For that, my choice is France.”
“Paradoxically, for all of its trappings of Socialist chaos – such as the near permanent strike of French Air Traffic control, French Farmer highway blockades, not to mention the many Paris bound civil servant marches – France operates in reality according to a fairly tight capitalist script. The result has been that France is weathering the global economic crisis better than any other economy on either side of the pond.”
Posted in Headlines
Stacy Summary: The Afghanistan ‘war logs’ obtained by Wikileaks have been examined and published by the NY Times, the Guardian and Der Spiegel. From what I can tell following the “Collateral Murder” release, the war racket needs not fear the population suddenly waking up and caring about any crimes being committed in their name. Your thoughts on the story and on whether any images or stories could possibly alter the current occupations or stop the upcoming ones?
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Stacy Summary: Just had lunch with a friend who just returned from a visit to Moscow where she said it was unbearably hot. As Paris was also hot, I assumed it was something similar, didn’t realize it was something altogether different in Russia:
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The MPAA (Motion Picture Association of America) has successfully lobbied Congress to outlaw box office futures trading. (The CFTC approved Wall St.’s Cantor Fitzgerald to go ahead, but the new financial regulation bill just passed outlaws these contracts).
The potential to control Hollywood with a new speculative trading platform twenty times bigger than annual box office gross revenues is a powerful financial weapon to have for anyone looking to influence the dream factory (and propaganda machine) that is Hollywood.
Now that Tehran has approved new derivatives and futures trading – what stops Tehran from starting to trade in box office futures based on Hollywood films?
The ability to sell-short films with political overtones that Tehran does not like while simultaneously bidding up the price of films with an Iran friendly spin would seem irresistible.
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Posted in Headlines
“More Europe means Less America: Based on analysis and technology assessment of first hand experience with industrial/corporate dominance and abuse by Exxon, Shell, Enron and Dell: Europe declares war on American economic extremism, banking terrorism and toxic stingflation.”
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Posted in Headlines, Pirate Myfilm
Adding more layers of fraudulent derivatives trading on top of the JPMorgan, Goldman Sachs, Cantor Fitzgerald Ponzi layer cake of debts with new carbon trading schemes – will cripple the economy in such a way as to crush GDP even more than it is being crushed now. Is this the plan to stop GWCC? To saturate the globe’s economies with enough debt to extinguish trade completely? It might work. Personally, I wish I had triumphed in putting a lid on carbon trading as I did in outlawing box office futures. But Americans don’t have a lobby group like the MPAA you can leverage and point in the right direction. Sorry.
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Posted in Headlines
Rick Ackerman
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