[OTE67] On the Edge with Max Keiser and Danny Schechter

Stacy Summary:  I missed the first 90 seconds of the interview with Danny Schechter, director and producer of Plunder: The Crime of Our Time. The missing bit is mostly just the intro to the guest, let’s go do New York and talk to Danny Schechter, blah blah blah.  The first question was something along the lines of, “Three years ago this month, the financial crisis began.  How are things today?” **UPDATE:** Link to full program.

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158 Responses to [OTE67] On the Edge with Max Keiser and Danny Schechter

  1. Good on you Danny.
    I’ll check out the film and pass on the link.

  2. @dan valley

    northern Thailand? why?

  3. no more lies

    @ dn valley
    I have searched all fars news agency and there is no sign of alleged s-300 from Belarus. This story first surfaced in Jerusalem post last week and is a lie. And as you may know NT and Jpost and many MSM are one and the same lie-machines. You may call them offices of ministry of truth

  4. Whatever Dr Bernanke wants to do this week – and I suspect he is eyeing the $5 trillion button lovingly – he cannot risk dissent from three Fed chiefs: one yes, two maybe, but not three. He faces a populist revolt from the Tea Party movement, with its adherents in Congress and the commentariat. And China simply hates QE, which may or may not be rational but cannot be ignored.

    Global markets have already priced in the next QE bail-out, banking the “Bernanke Put” as if it were a done deal. We will find out on Tuesday if life is really that simple.

  5. For those wonkishly inclined, Dr Hetzel said their error was to view the enveloping crisis through a “credit” prism, missing the tectonic issue that the “NATURAL RATE OF INTEREST” HAD FALLEN BELOW THE FED FUNDS RATE. Failure to diagnose the problem properly meant that Fed policy may have made matters worse. This is perhaps the best analysis I have ever read on what went wrong, yet it has received scant attention.

    Do we have any assurance that central banks have learnt their lesson? Clearly not the ECB, judging from Mr Trichet’s ill-judged article for the Financial Times two weeks ago: “Now it is Time for all to Tighten”. Much of what he wrote is correct in as far as it goes. Public debt is out of control. Budget stimulus may start to backfire. We are at risk of a “non-linear” rupture should confidence suddenly snap in sovereign states.

    From: Commodity spike queers the pitch for Bernanke’s QE2 by Ambrose Evans-Pritchard

  6. Here’s Why Commodities Inflation Can Coexist With A Deflationary Trap http://www.businessinsider.com/brace-to-be-crushed-between-deflation-and-agflation-2010-8

  7. Turns Out That Almost All Of China’s Recent GDP Growth Came from Government Stimulus http://www.businessinsider.com/almost-all-of-chinas-recent-gdp-growth-came-from-government-stimulus-2010-8

  8. Rep. Charles Rangel loses big donors, including drug giant Pfizer, amid ethics scandal

    Read more: http://www.nydailynews.com/news/politics/2010/08/07/2010-08-07_running_from_rangel_lots_of_big_donors_say_partys_over.html#ixzz0w6GC99ml

  9. Its leading indicator for June pointed to a possible peak in growth in developed economies, with the index for the United States turning negative for the first time since February 2009.

    The 32-member Organisation for Economic Co-operation and Development (OECD) said that indicators for China, India, France and Italy also pointed to below trend growth in coming months.

    Indicator suggests OECD growth peak, U.S. turns negative
    6 August 2010, (Reuters) http://in.reuters.com/article/idINIndia-50679120100806

  10. Indicator suggests OECD growth peak, U.S. turns negative http://in.reuters.com/article/idINIndia-50679120100806

  11. UK inflation since 1948 http://www.guardian.co.uk/news/datablog/2009/mar/09/inflation-economics

    .
    2008 Sep 5
    .
    2008 Oct 4.2
    .
    2008 Nov 3
    .
    2008 Dec 0.9
    .
    2009 Jan 0.1
    .
    2009 Feb 0
    .
    2009 Mar -0.4
    .
    2009 Apr -1.2
    .
    2009 May -1.1
    .
    2009 June -1.6
    .
    2009 July -1.4
    .
    2009 Aug -1.3
    .
    2009 Sep -1.4
    .
    2009 Oct -0.8
    .
    2009 Nov 0.3
    .
    2009 Dec 2.4
    .
    2010 Jan 3.7
    .
    2010 Feb 3.7
    .
    2010 Mar 4.4
    .
    2010 Apr 5.3
    .
    2010 May 5.1

    2010 Jun 5

  12. Mike/Liverpool

    Hi Youri
    Yep, its a transfar of assets….if only we could get the SHEEP to see it!?
    Mike

  13. good show. seems like 1st half is missing LOL

    Stacey, Max, u guys ever think of doing a show in french, for the French?
    “Vérité Boursier, en direct de Paris” or something like that LOL

    i often talk with people here in my smallish Midi-Pyrenees city, especially what’s currently happening to the middle class in the USA, and the very few that have an clue happen to be at two “social extremes”, ex. the long-term RMIst & the Professeur de médecine Toulousain

  14. good TED talk so far, Philip Zimbardo: Why ordinary people do evil… or do good.
    a bit on Abu Ghraib, Hitler etc.
    http://www.youtube.com/watch?v=OsFEV35tWsg&feature=related 23:11mins
    I haven’t finished watching it yet…

  15. Easy cheeeesy: Stop using FRNs whenever possible, except to taxes paid. Give them back their FRNs.

    Find vendors that will accept silver or gold. Barter, trade if possible, and remember it takes time to change, don’t expect it to happen in 30 seconds, capice?

    If I owned a retail outlet, I would place a scale and electronic tester, and accept gold and silver at daily spot. Wouldn’t you? Next time I leave Thailand to run a project? I will request it be paid in Euros and immediately purchase gold or silver with it.

    Don’t fighht’em head on: be a Revolutionary. Go around them, Avoid them, don’t use their services, let them trade their freshly printed FRNs back and forth. Think like a Chinese investor: “how will this benefit my great-grandchildren?” Think like a Revolutionary Forefather, and just do not support The Establishment thoroughly corrupted and rotten to the core. Once the fetid mess implodes, we sweep up the riff-raff, jail the guilty, and start over, with no Central bank.

    Not really anything magical about it: you be Liberal with your compassion, your love, your attention to loved ones, your tolerance socially, and Conservative with your money, and spending, and “neither borrower nor lender be.” “A penny saved is a penny earned.” “Lay it away for a rainy day.”

    Use gold, silver and platinum to store your wealth.

    Danny: so it is “liberals” that are running the economic ship aground??? Wow, who knew.

    Utter nonsense, and you lost me right there. These are fucking FASCISTS. I don’t give a shit what msm labels them, they all are FASCISTS. Wouldn’t have thought you would need that clue, to be quite honest.

    You yap about this conspiracy of bankers (and who are most of these sleazeballs?), and deny the biggest Zionist Conspiracy of 9/11/01. Show me one time you have asked how WTC 7 fell. Or why Atta was partying like it was 1999 on Abramoff’s Miami gambling boats one week before 9/11/01. The Abramoff good buddies with George W. Bush. The convicted of Conspiracy Abramoff. Already out walking the streets again. Murdered his Florida business partner and everyone honest knows so. MOSSAD most likely. He is “connected”: he donated funds to arm them with fully automatic weaponry. Facts, no wonder Reagan hated’em.

    Until and unless they investigate and try and convict the REAL PERPS of 9/11/01, we all live a a fantasy world in the USA. An illusion of DANGER!!! Of “much needed SECURITY!!!!” BOOOOOOOOO!!!!!!!! Scare ya?

    THAT is the biggest crime of all time, Danny.

    And thank you for detailing the Zionist banker conspiracy to decriminalize their actions…..while continually denying conspiracy of Zionist False Flag bombings world-wide.

    On an aside: I loved the little msm staged scene of Sen Al Francken “fidgiting” while Minority Speaker McConnell was lying through his teeth during the confirmation hearing for the Zionist 9/11/01 gatekeeper Kagan.

    Nothing like setting the haywagon on fire on K Street to divert attention away from the fact her family is deeply tied to the events of 9/11/01. Typical for msm to resort to their Hollywood roots, it is called a Tell in poker, and an M.O. in criminal justice. The Press “berates” Francken, he” kisses up” to McConnell….and the camera is pointed at him…instead of another Zionist being appointed to the Top Court. Then, at same time, we get treated to Franken’s “special talent” of drawing freehand all 50 states. Man, I AM impressed, Al.

    Like amusing 2nd graders with sleight-of-hand tricks.

    “Senate gets ‘a little weird.’ ” http/:news.yahoo.com/s/politico/20100806/pl_politico/40733

    Yeah, “weird” like how Yahoo! hired Terry Stempel from Columbia Pictures (with no previous experience running any company at all) as CEO right before 9/11/01, and didn’t can him until he had run the share prices into the ground. He did however hold fundraisers for George W. Bush in 2000. A Zionist. This is just one small example of what is an ongoing, deliberate attempt to crash the nation’s economy, and then try to impose rule over us.

    No? Really? Well, until they do, this will have to suffice.

    ISN’T THAT what you just acknowledged, Danny?

    Collusion of bankers, lawmakers, lobbyists? Think Zionist judges aren’t connected too? Corporations?

    Like the staged attacks of 9/11/01. Only Flt. 93 “misses it’s mark” that day: it was supposed to hit WTC 7….that’s why the “special effects” got flawed there. Some stupid NORAD fighter pilot thought he was actually defending us, and shot it down…..he didn’t get the script I guess.

    Hollywood.

    A Kagan relative that signed the Domestic Attack manifesto, aka PNAC’s “Project for the New American Century” calling for a new “Pearl Harbor,” for instance. How she dismissed a lawsuit against the Saudis for their involvement. Thanks’ Al, did you write that script yourself?

  16. Hi Max, hi Stacy!

    Read the Greenwald article you have linked from Glenn, certainly interesting. Especially how Fox News fawns over this fellow even when he supports Gay marriage. Odd that? No, not really….”they” all got rewarded.

    “They?” Well, let’s throw out the fact Ted stated his wife Barbara called collect from an Airphone on the American Airlines flight that rammed into the Pentagon, because we all know you can’t get a dial tone unless you swipe a credit card, and Ted said she “forgot” her credit cards. Probably mistaken in his shock at what happened….and it was very sweet of the hijackers to allow phone calls, they must have trusted Barbara not to call the FAA or NORAD to shoot their behinds out of the sky, yeah? Poor hijackers don’t get enough credit for their compassion I guess…

    Okay, let’s just say that to farang, it is really interesting how men seek out a physical type, attracted to a similar physically shaped and sized woman, ain’t it? Because me, I like ‘em all. Tall, short dark, pale, thin or shapely, farang likes you ladies.

    But other men, no. For instance, the late Johnny Carson, didn’t he marry at least three times, all to very shapely brunettes named Joan, or Joanne, or Joanne? Kinda strange, to me. Not a care about their personality, just their looks. Interesting. Too bad wives can’t be cloned “just in case”, eh?

    Yes, just a sec, I will pull it together ;<)…..so I guess we could also say Ted Olson also is attracted to similar looking ladies:

    http://www.bollyn.com/index.php

    Scroll down an inch or so, take a gander at his new wife "Lady Booth Olson." Isn't it amazing how her ear is shaped exactly like his late wife's ear, Barbara Olson? How her nostrils are exact copies of the rare tear-dropped shaped nostrils of Barbara? How she wears her hair the same way? Eye color the same. Pointy chin, a forensic detective might be fooled into thinking this is the same woman in both photos, gotta hand it to Ted for finding a near clone of Barbara.

    Wow. I wonder how long it took him to find this almost carbon-copy of the martyred Barbara? Stacy, your thoughts?

  17. Trying to educate the masses is a waste of time, sites like this one only speak to people who already know the facts. We going down–buy gold, guns, farmland and batten down.

  18. @Tofu Charles

    This would be my response to the author of “jewish cat”,

    mayhaps with a question mark at the end.

    http://www.youtube.com/watch?v=lrF5x1OSJuQ&playnext=1&videos=GPy5M-Bpf44

  19. lol, Max declaring some one is superficial, too too funny. Max, you are quite possibly one of the most superficial people I’ve listened to/watched. “Capitalism a love story” was not superficial, but rather inaccurate and full of dis info. It is NOT capitalism’s fault we’re in this crisis, it’s corporatism’s fault.
    Also, you seem to be doing well with adopting the snooty “I’m better than you” French attitude. Yes, it seems that Americans are ‘dumb’ (which I’ll fully agree with), but not ALL are as dumb as you seem to think. And remember where you guys came from before you went off gallivanting towards Europe on a mission to carpet bag your way over the Atlantic to the Union of Europe. I personally don’t see how carpet bagging is a more ‘Intelligent’ route to take then to stay where it is you were born, raised, and still have family and friends to take care of, Also, what makes Europe an exception from the WORLD economic crisis everyone is going through, how is Europe not going to be hit the same as all the other countries? But I guess I have not reached that level of superficial negligence and carelessness. Still love ya’ll guys, it’s just, really, ya’ll tend to be in that “We’re better and smarter then you are” mode a lot, is all. And I loved Danny’s response to Max’s bad mouthing of Americans when he has one as a guest on his show, “Thanks for the complements, Max”. lol, right on Danny.

    Love and Peace to all from the world’s Empire the USA, Awho.

  20. Is it just me, or is the interwebs getting nuttier by the minute?

    http://catastrophist.wordpress.com/2010/08/09/weird-viral-troll-bait-jewish-cat-wtf/

    Your thoughts? WTF does this mean?!

  21. The Hill says White House economic team “exhausted” http://bit.ly/cXICiN. May now be true physically; has always been true intellectually

    The Hill reports White House econ team “exhausted” http://bit.ly/cXICiN. How do they think we feel? We’re exhausted by their policies

  22. The Anglo-American Hegemonic cycle:

    http://www.members.optusnet.com.au/futurewatch/id10.htm
    Not exactly a cheery theory (predicts another war in our future)

  23. marc faber is here

  24. jischinger …..move to northern thailand

  25. Bank bosses to address lending concerns – group http://uk.reuters.com/article/idUKTRE67803F20100809

  26. Property development outlook turns negative – report http://uk.reuters.com/article/idUKTRE67800I20100809

  27. I’m ready to leave Max where should/can I go?

  28. so were all in compliance that the sheeple which comprise 99% of the population of the world is being controlled and manipulated.

    The boob tube and big media radio has gotten really bad lately. Its like they’re ramping up the lies and half truths.

  29. Don’t you realize that gold is the banksters back-up plan? Shall we play their game or our own, liberty?

    ‘They will fling their silver into the streets and their gold will become an abhorrent thing; their silver and their gold will not be able to deliver them in the day of the wrath of the LORD. They cannot satisfy their appetite nor can they fill their stomachs, for their iniquity has become an occasion of stumbling. Ezekiel 7:19

  30. WBCN’s former news dissector. Great guest folks!

  31. Peter Schiff: “Nothing Has Changed, Gold Is Still Going To Dominate” http://www.infowars.com/nothing-has-changed-gold-is-still-going-to-dominate/

  32. Pierre Lassonde on KWN. Heads FNV.TO, former CEO Newmont, current director of NewGold (NGD). NGD bargain price http://tinyurl.com/2c77wjr

    Instead we worry about the trite nonsense below…

    http://bit.ly/9JlcNZ Mark Hurd’s accuser speaks

  33. Bill Gates: The Hurdles for Energy & Backing 5 Battery Startups http://dlvr.it/3TYsq

    Dr. Hank Holzer Law Review 1973: How Americans lost their right to own gold and became criminals in the process PDF http://tinyurl.com/elemr

    Gold Seizure Mechanism in place? … legal analysis and history from 1933-4 http://bit.ly/a3QieW numismaster.com

    China to spend up-front capital to procure dependable supply sources of precious metals. Official policy directive. http://yhoo.it/cOvc0k

  34. rcwhalen exposes the zombie love triangle of the #Fed, #finreg and bank derivatives desks http://bit.ly/bEhNfd. latestscam

    rcwhalen: http://us1.irabankratings.com/pub/IRAstory.asp?tag=439 New comment: “Systemic Regulator Risk: Does the Fed of New York Nee …

  35. F.Beard…..Yes, its very stylish

  36. Jim Rickards says…..”Greenspan was right once before when he wrote an article favoring gold in 1960′s for Ayn Rand book “ dan valley

    Gold is a tool of the banksters too. Gee wiz, wilt thou jump from the frying pan unto the fire? Liberty is what we need not an old form of tyranny. Wouldst thou be crucified on a “cross of gold”?

  37. Youri….its well on its way to the road to nowhere

  38. @dan valley

    The RUSSIANS SAY; “He, back than you gave the Taliban Stingers and so on. Now we’re gonna do the same.”

    “Fair enough?”

  39. “…..George Soros, do have deep concern about the corporate hijacking of democracy, but also because the recent Supreme Court ruling that frees corporations to spend unlimited amounts on campaigns may indeed require progressives to look to billionaires for resources. Some of the billionaires are beginning to contact Nader for meetings.”

    http://www.tikkun.org/article.php/july2010derber

  40. I’ve always thought that David Byrne makes a lot more sense than krugman
    http://nyti.ms/dwur1D

    Read between lines of Greenspan’s call to end Bush tax cuts. It’s not about economics; he fears run on Treasuries http://nyti.ms/9pqCGV

    Iran’s Fars agency says S-300 anti-missle systems received, from Belarus not Moscow via grey channels. Accelerates Israel’s war timing

    Jim Rickards says…..”Greenspan was right once before when he wrote an article favoring gold in 1960′s for Ayn Rand book “

    one more time

  41. I’ve always thought that David Byrne makes a lot more sense than krugman
    http://nyti.ms/dwur1D

    Read between lines of Greenspan’s call to end Bush tax cuts. It’s not about economics; he fears run on Treasuries http://nyti.ms/9pqCGV

    Iran’s Fars agency says S-300 anti-missle systems received, from Belarus not Moscow via grey channels. Accelerates Israel’s war timing

    Jim Rickards says…..”Greenspan was right once before when he wrote an article favoring gold in 1960′s for Ayn Rand book “

  42. I’ve always thought that David Byrne makes a lot more sense than krugman http://nyti.ms/dwur1D

  43. Read between lines of Greenspan’s call to end Bush tax cuts. It’s not about economics; he fears run on Treasuries http://nyti.ms/9pqCGV

    Iran’s Fars agency says S-300 anti-missle systems received, from Belarus not Moscow via grey channels. Accelerates Israel’s war timing

    Jim Rickards says…..”Greenspan was right once before when he wrote an article favoring gold in 1960′s for Ayn Rand book “

  44. most of the pension deficits result from greed.
    If we take most of the UK companies that were de nationalised they started with a monopoly and a blank slate. A number of years ago these companies took holidays from putting money into the pensions.
    The merry go round of Directors would each come into a company in order to boost the share price , increase profit. Most of the time it was not from providing a better service but from conning more suckers.

    So by reducing pension payments profit up , meant share price up meant directors et al made more money meant city boys made more money.
    What next, those companies that owed their own property sold them off then rented back more money, more short term profit more bonuses
    they have stripped back all they can, ie paying staff off, making them work longer for less money , off shoring services until they can’t cut any more.

    there are special rules that apply to pension funds and the city boys play with these and use them as their personal toys. Look at the return on pension funds compared to the other stuff , they get robbed blind. I stopped paying into my private pension a couple of years ago, sure I might be cutting off my own nose, but the feckers are not playing and robbing my money anymore.
    /rant mode off

  45. @Mike/Liverpool

    Indeedy: Many of Britain’s biggest companies face a “material risk” from the size of their pension deficits, with 10 members of the FTSE 100 weighed down by pension liabilities that are greater than their market value

    The total pension deficit of the FTSE 100 was an estimated £73bn at the end of June, according to research by Pension Capital Strategies (PCS), a division of insurance broker Jardine Lloyd Thompson. That is a £17bn improvement on a year earlier. However, “there has been a noticeable growth in the number of FTSE 100 companies where the pension scheme now represents a material risk to the business,” PCS said.

  46. @@Mike/Liverpool

    So, Bottomline – Their Idea is: “If we can keep inflation low, We can steel more of the Pension funds savings” (Not belonging to them!)

    Deflation doesn’t seem to be in Bernakesans vocabulary tough while we – the crititical Intellect – are calling him “Bernankesan” since October 2008!

    IT STARTED WITH A Japanese guy praising Bernanke for going the same way as Japan, which to this guy, seemed to be a wise choice, calling him tuddely “Bernankesan” which supose to be positive, if your blind and took part in this failing politics.

  47. I was not arguing for against government sanction self sacrifice which you are right to point out is not real…I was taking issue with a crass comment made against my breathern THE WORKING CLASS…in which an author took liberty in dehumanizing them and making them into a base creature…I was kindly reminding that person and every one else on this site…the reason we were able in life to study “rhyme and reason” was others were toiling in our place

    this individual took humbridge in being reminded he has grown fat on the sweat of others…and decried that he/she/it wasn’t resposible for nothing but itself…and given the impression human empathy was a product of his/hers pet bug a boo

    I am leery anytime I hear a public pronouncement for “shared sacrifice” Youri I hope you recognize this from my other postings…my contention that sacrifice for another is a humanizing affair and the disciples of selfishness have ruled to long and brought untold misery

  48. @Mike/Liverpool

    All Pension funds are in trouble cause these funds allready have been thrown into the bets on the greeny green poker table. They supose to fill in black holes.

    Max said and I paraphrase (Correct Me i f I am Wrong) “We always use the pension funds as the Chump cause they didn’t expect great earnings since they only had to keep up with the FIAT 2%-3% Inflation Rate, But that’s game iz Up!”

  49. If ‘they’ are selling bad debt back into the market….

    …Who the hell is buying it?

  50. @chArles – “human sacrifice for the greater good ”

    Remember “for the greater good” means your life but only their reputation which they are willing to compromise easely anyways. You see? It’s still greed what drives dumb and dumber. Tell me somtin new.

  51. mr. carma,, s.o.p…. feast famine strife war ,, repeat vujade..

  52. seriously WTF “The Anglo-Saxon idea” the concept of human sacrifice for the greater good predates the mingling of those to subsets….heck I challenge you name HERO/Christos/Diety in any culture that has a following larger than a gnat that doesn’t showcase this phenomena…seriously

    your rebuttle is that basic EMPATHY is a construct of control by those dastardly Brits F@#%ing Prussians folks?

    SERIOUSLY THAT IS LAUGHABLE

    oh yea us anarchist don’t get spoked by being labeled STATIST by y’all John Gault neophyts

  53. Reality Beckons (Government Pensions) – You’re not going to get the money you think you were promised. Karl Denninger (Also Bob Chapman) told Ya So! http://market-ticker.org/archives/2563-Reality-Beckons-Government-Pensions.html

  54. @kwazimota

    So yo mean even better:

    “BLack Stone Dead Cat’s Friday the 13th Stimulus Glitch” :)

  55. Cesare Bonventre

    @chArles

    Are you a sacrificial animal for your masters? Is that what your government taught you?

    The Anglo-Saxon idea that, “man must sacrifice himself for others”, (which is today’s populist morality) – Is wrong! Evil: is the idea that man must sacrifice himself for others in order to justify his existence; (this type of altruism is merely an unstable attempt to support a weakling’s sagging self image). What hypocritical irony in the weakling who lives as a “sacrificial animal” for others; and yet always demands to be coddled like an infant by the same society to which he selfishly sacrifices.

    Man is entitled to his own happiness; and man must achieve this himself!

  56. @Cesare Bonventre

    Britain wen a war for the Empire. But the real enemy of this Empire was the U.S. itself. Britain was Bankrupted by the Americans, Black Mailed by the other dark force/Nazi pressure, and essentially taken over. Roosevelt wanted Europe to weaken so dispite Radio talks of “helping Britain” he did nothing at the beginning. The Russian were on constant pressure on the U.S. to start the “Second Front”.

    The Netherlands also lost it’s last part of “The Colonies”. Indonesia to the U.S.A. who suported Soeharto from the Dutsh independance. The last twinks of vanishing Empires. A product of the 17th Centuries which was the “Golden Age” of the Dutch in shipping and world trade.

  57. “The working class refuse to use their intelligence and are no better than animals. Such people are beasts of burden and steaks on the table by choice and consent!”

    don’t piss on the DOG in the cage…maybe you should try getting it out of it’s cage…yea if you help the dumb brute it might bite you out of meanspiritedness…but what do you expect from an animal you and your intellectual breathern spat upon for the last two centuries…

    just remeber folks ever moment you were reading your books and engaged in intellectual rigor…another dumb animal was in the feild carrying not just its load but yours too…so you could enjoy your pursuits

  58. if it’s Schrödinger’s cat then it could bounce and not bounce at the same time
    there Ive solved the world debt problem it’s not really there , only when we look at it

    off to watch Pop Star Idol i have 427 episodes backed up on my brain manipulation box

  59. @ronron

    Very!

    This shows the mindsetting – fake it became sociable acceptable as a way to “progress” in society. As above so below so if the top is corrupt you can besure the rest of the working Pyramid is. Pyramid systems are Ponzi scams in which the top earns excessively and most are slaves at the bottem of the Pyramid yet many participate in these so-called “Pyramyd Scams”. It’s a lie!

  60. Or even better : ”

    “Dead Cat’s Stimulus Bump”

    Cause it was not much of a bounce, more a slumpimg down the bottom of the first cliff fall after which an other Cliff Emerges.

  61. i was just thinking about the situation now with the economic downturn. I’m seeing it first hand. I’m a contractor who specializes in remodeling homes

    Last year I didn’t notice much in the way of a buisness downturn. But this year I really do. My work is down to 1/3 of what its been for 20 years. I’ve been doing the remodeling for 30 years. And I’m not getting any calls. One a week maybe. I used to get 2 or 3 calls for work a day.

    I knew this was coming eventually. And prepared as best I could. But it is really a shock when the downturn really hits.

  62. Liberalism – A 6-Minute History Lesson

    http://www.youtube.com/watch?v=rXsVmj0k_TM

    Great guest max..

    .

  63. Cesare Bonventre

    @Febo

    What I’m saying is: Media has always been in collusion with your masters

    For example – Tell me why Britain “really” went to war against Germany in WW1 and WW2; and please spare me the platitudes of historians on the winning side!

    Fact: The working class refuse to use their intelligence and are no better than animals. Such people are beasts of burden and steaks on the table by choice and consent!

    Consequently, in the interest of future world order, peace, and tranquility, it was decided to privately wage a quiet war against the working class with an ultimate objective of permanently shifting the natural and social energy (wealth) of the undisciplined & irresponsible many into the hands of the self-disciplined, responsible, and worthy few!

    Get it?!

  64. @Youri. the saying goes. fake it till you make it. English. :-) hope i have been helpful.

  65. And – All the Timmy and Bernakesan politics was about:

    “Deads Cat Stimulus Bounce”

  66. All the Timmy and Bernakesan politics was about:

    “Pretend and Extend”

    “Kick the can down the Road”

    “If you can’t make it, Fake It!

    “Unexpected this Unexpected that” ;)

  67. @Cesare
    The BBC rejected my complaint, and the BBC Trust avoided it because the information provided by non-establishment criticism amounts to such a complete outing of existing power structures that is might be destabilising.
    It is no coincidence that the BBC Trust hired a banker within weeks of the credit crunch.

  68. Baltic Dry Edging Down again after Massive Plunge and Very Modest Recovery: http://www.investmenttools.com/futures/bdi_baltic_dry_index.htm

  69. Cesare Bonventre

    @Febo

    The fact is the working class demographic is not rational – But rather a bewildered herd guided solely by their inner subconscious fears and desires. Their judgments are based upon childhood experiences that have shaped their living narrative. It is impossible in their mass societies, whose members – by and large are incapable of lucid thought or clear perception, are driven by herd instincts and mere prejudice, and are frequently disoriented by external stimuli – to make decisions or engage in rational discourse . Over the course of their lifetimes their minds have been molded, tastes formed, their ideas suggested, largely by corporate sponsors and governmental propagandists like the BBC – Influenced and controlled by this unseen force that pulls the wires which controls their public mind. There is a “managerial aristocracy” that uses mainstream media like the BBC to quietly determine what they buy and how they vote and what they deem good or bad.

    Behind the BBC & mainstream media are countless unknown deputies: ad makers, researchers, creative directors, copywriters, art directors, photographers & digital artists, psychiatric committees armed with Freudian surveys, all laboring to gradually create mass reactions that, in general, are not explosive and immediate but incremental, individual, dispersed, half-conscious – A gradual & methodical manipulation to corrupt rational concepts & to replace them instead with new profitable customs and ideals

    Thus, it is an affront to your intellect to assume mainstream media (BBC) is in the business of providing for an informed public!

  70. @Mother Earth

    Yeah, that’s what I’ve learned from Max that if Suicide Banking, Waging Wars and putting as many people in prison is your business model you don’t have to be genius to find out were that will end up. A totall self destruction which allready happened on corrupting moral values and maybe even worse, accepting these “moral” values as normal practice, a way to go with the flow and than hide behind the ” I am just doing my work and have a family to feed” excuse. Everybody has a family to feed that doesn’t make up for all the bad in which The Holocaust was one of the dreadly end results of this kind of thinking.

    In the End only Hitler was the bad man and all the other were “just following orders”. I don’t buy that!

  71. ” I missed the first 90 seconds of the interview”
    One can have his cloggs off carry out the ravishing and smoking post coital in 90 seconds you can miss a lot :)

    I did wonder as this interview took place wether pirate my airwaves would get a mention, but no, but I was not disappointed after listening to truth about markets London.
    It may make sense to you, but the Pirate site looks a mess is confusing and who has the reserve shares ? there are plenty of file storage areas on the net you can even hire your own Amazon are world leaders with their S3 storage
    You can get a dropbox account with 50 gig for cheap automatically syncs
    IF you want to produce films and provide a platform for it your going to have to make the whole process more attractive, all I see is a Mr 10% profiting from the bad news ,actually” bad news” does it a disservice with a crappy interface , but hey its only my opinion :)

  72. Marc Authier

    @Mother Earth
    You are scary. But I think you are right. Shit !

  73. “the bastard nations of the West are jettisoned into the abyss in the final chapter of mankinds brief flash of existence”

    and people say I am pessimistic

  74. Here is another take:

    With a good amount of US military held hostage in Iraq, Afganistan and its navy cajoled into a sitting duck position by the false antagonism between North and South Korea, the Banker/ChinoArab alliance is forcing the US government to hide the fact that supplies to the US are falling precipitously by retracting as much money from the real economy as possible. Popular revolt is avoided by JPM foodstamps until the people will be too weak and disoriented.This progressive weakening of living standards and social cohesion (further driven by arab media Fox News) sets the stage for a society that fights and eats itself while battling the chaos and starvation brought on by hyper inflation. Looked upon with disdain by the race homogeneous countries the bastard nations of the West are jettisoned into the abyss in the final chapter of mankinds brief flash of existence…Recovery? Not without entrails..

  75. Bob Chapman: “Fed Control Puts Outsiders In A Disadvantage” 7 August 2010 – Excerpt:

    “It was just some 50 years ago that the SDR, the Special Drawing Right, was created by the IMF. After being put into use in the late 1960s as an alternative to gold, it was essentially abandoned.

    A new IMF study calls for the use and re-issuance of the SDR, another product of the Keynesian wonderland. This time in the form of bancor, a new global currency to be designed as a stable store of value for the world economy – the currency to be put into play to save the financial world. This, needless to say, was one of Keynes ideas introduced after WWII. We never got bancor, instead we got a partially gold backed dollar that became a fiat currency on August 15,1971. It only took 23 years to destroy the dollar.

    The resultant credit crisis of the past few years has proven that the dollar no longer brings stability to the financial system. Like many other sovereign countries its currency is unstable. That has caused the one-worlders at the IMF to bring back two losers, the SDR and bancor, both of which would be entirely un-backed currencies. As a result users continue to look at the dollar’s exponential accumulation of debt, and wonder where do we go from here.”

  76. Fed feeds insider information, the need to re-liquefy, threats of deflation, clearly the dollar no longer brings stability to the financial system, losses mount for home owners, gulf residents, job layoffs rise.

    It was only a month ago that the Dow closed at 9686. From there it started to move back up again as insiders learned of the Fed’s plan to inject $5 trillion into the economy over the next two years. The result has been a run up to 10,674. We figured out what the Fed was up to, but most everyone else did not.

    During that period, almost unnoticed, was the fall in the value of the dollar. On the USDX it has fallen from 86.12 to 80.58.

    From: Fed Control Puts Outsiders In A Disadvantage by Bob Chapman (The International Forecaster) http://theinternationalforecaster.com/International_Forecaster_Weekly/Fed_Control_Puts_Outsiders_In_A_Disadvantage

  77. Cesare Bonventre

    “Le secret des grandes fortunes sans cause apparente est un crime oublié, parce qu’ il a été proprement fait.”

    The secret of great returns which are difficult to explain is a crime that has not yet been discovered because it has been carefully executed.” — Honoré de Balzac, Pere Goriot

    When the tide goes out, we indeed see who is naked, and who is not. And it is not a pretty picture.

    Credit Cards charging 400% interest – 650% in some states. When yet the Mafia only charges 150% for shylock! But apparently Americans are fine with that – Next year the USA faces the highest taxes in history!

    America’s idea of reform: While the Administration and the Congress are putting forward a good show for the public, they are continuing to take millions of dollars in contributions from the industry, and from the very firms that are under investigation like Goldman Sachs. Firms that have been and are continuing to receive government subsidies including but not restricted to TARP funds and FDIC subsidies, while they continue to lobby against financial reform and presumably their own investigations

    Reform is best when it is driven by a desire to see Constitutional oaths and promises upheld, and justice done. It is at its worst when it is just a political deal to ‘get something done’ to silence the voices of critics.

    If the Americans weren’t sheeple, they would compel the Administration to put the FBI and the Justice Department to work on a more serious criminal investigation of the perpetrators of this fraud, with an eye to prosecutions under the RICO statutes

  78. Goldman Explains The Imminent Launch Of $1 Trillion In QE 2; Muses On The Dreaded “Double D” http://www.zerohedge.com/article/goldman-explains-imminent-launch-1-trillion-qe-2-muses-dreaded-double-d

  79. Cesare Bonventre

    China executes corrupt bankers

    America is run by the corrupt bankers – So when the banking thieves run out of money, they get government welfare! And American citizens are fine with that!

    Currently, world is forming ad-hoc currency baskets for trade in order to get away from the contamination, which is the US dollar, (Chiang Mai Initiative & Bank of the South); & setting up for a new World Order Currency; Even the Arabs have signed on!

    Meanwhile, USA has Stockholm Syndrome, where the terrorized population through Obama actually supports their terrorist: Obama is actually giving more power to their captors, the Federal Reserve Bank, rather than prosecuting them

    America has the government they deserve!

  80. Dannt Schecter, Michael Hudson, and the rest of the post-Keynesian crowd don’t understand inflation. Inflation is the crime of our time, as I demonstrate at A proof that inflation destroys the real economy

  81. @knowbuddhau – “The most under-appreciated fact of modern methods of manufacturing fake consent”

    I think most under-appreciated fact of modern methods of manufacturing is that the Human in this process is nothing more than an asset which costs must be pushed low which is a very antique ill concept from the 19th Century. There is no society or human being behind this old business concept ayther than the human as workforce to make money of.

    The will and the forces to put people into slavery seem to be bigger than the refreshing discovery that an economy is ealthier and grows much faster with more spending power around for everybody instead of a few of the anointed.

  82. Bravo! RICO / Asset Forfeiture for the Pin Striped Bandits!! The first sign of a third world country is the selective enforcement of it’s laws. Mr. Shecter makes that point blatantly clear. Good job!! I’d love to see Max do a round table discussion a la “Oracle” days; to include Danny Shecter, Jim Willie, Birgitta Jónsdóttir and of course Stacy.. These folks have seen the full scope of the threat! And I’ve never seen any of these guests mince words. Wall Street is shorting the world and we’re going to pay for it.

  83. ETFs that short Treasurys suffer big losses – Strong demand for U.S. government debt declaws bond-market bears http://www.marketwatch.com/story/etfs-that-short-treasurys-suffer-big-losses-2010-08-08

  84. I recently pursued a formal complaint with the BBC for violating thier editorial guideline which states
    “we strive to reflect a wide range of opinion and explore a range and conflict of views so that no significant strand of thought is knowingly unreflected or under represented.”

    I said that BBC tv and radio news had failed to represent the arguments of those politicians, economists and commentators who predicted the credit crunch, have a coherent diagnosis of the recession, and have pertinent views on what should be happening now. I mentioned Ron Paul, Peter Schiff, Max and Stacy, Mark Faber and Austrian economics.
    I decided to complain when Radio 4 asked listeners to contribute to a blog regarding the Queen’s question as to why no one had predicted the crisis. The resultant broadcast mentioned only Marxist and Green economics as alternative viewpoints – the editor had obviously (in my view) passed over the Austrian viewpoint which had featured prominantly in the blog.
    The inital response was “we don’t tackle any story from a standpoint of academic theorizing.”
    To cut a long story short. after at least 20 often lengthy exchanges with up to 7 different people my complaint was “rejected”, or rather relentlessly skirted around. I was invited to appeal to the BBC Trust, who decided that my appeal could not be heard because they didn’t think it had any chance of succeeding.
    The nearest I got to an actaul answer was from the economics editor who said of Austrian economics
    “They are not ‘mainstream’ in the sense that they are not part of the general discourse of mainstream/serious economists. But they are a perfectly respectable body of thought and if you asked aforesaid economists what they thought of the Austrian school you would get a lot of favourable comment.
    The problem is that they have never been fully incorporated into the canon, and it not always clear what the modern-day policy implications of their thought would be. This tends to mean that they don’t get much coverage from me or anyone else.
    To summarise, it is a ‘significant strand of thought’ in the history of economics. But we are not in the business, usually, of writing about the history of economists – still less doing packages about them. There are not many leading economists who cite the Austrian school explicitly in their analysis of the crisis – or their immediate policy advice.”
    In other words, the BBC only covers mainstream views on important issues and will not help foster a debate when the mainstream has so obviously failed.

  85. @Marc Authier

    Well most of them are in fact drugged. On one hand the fuorided watersupply, 16 injections a kid in the U.S. gets before he’s 16, loads of them on prozac an god knows on how many medications of all sorts further and Moonshine!

  86. @mae’s fanny

    Aug 8, 2010 at 6:22 pm
    @knowbuddhau
    no, pardon me Sir, I was not aware of the buddha joke and of your earlier writings. Would you send me some link so that I can study them? Find the whole subject interesting but am trying not to accept any thing bombastically. perhaps it’s your faith to guide me find my path.

    How very kind of you to say. Esp. after I was so unnecessarily defensive. This is why one of my favorite sayings of the Upanishads regards those things “from which words turn back, having not obtained.”

    Are you familiar with Alan Watts? Joseph Campbell? There works inform much of my writing.

    You can click my user name to find my most recent works at The Seminal (a compendium of reader-published diaries) on Firedoglake. There you’ll find links to audio downloads of Alan Watts. Can’t recommend them highly enough.

    The most under-appreciated fact of modern methods of manufacturing fake consent (guaranteed to induce a rejection in the “host,” thereby necessitating perpetual war for perpetual peace), IMO, is that Joseph Campbell himself lectured for decades for the US State Dept’s Foreign Service Institute, beginning in 1956.

    That should send a chill up the spine of anyone familiar with the Power of Myth. The very things that are meant to humanize are instead being weaponized and turned against us.

    And that, o sister and brother earthlings, is as effed up as effed up gets.

  87. Marc Authier

    @Youri Carma
    When the hell will Americans wake up ? What the fuck is wrong with these people ? I am really starting to think that they are drugged like zombies.
    It’s either the water or the food. It’s like a nightmare.

  88. Sanctions punishing Iran for its nuclear program are deepening the country’s ties with China and handing Russia opportunities to sell more gasoline while hurting suppliers in Europe and India. http://www.bloomberg.com/news/2010-08-08/china-embracing-iran-raises-reliance-ship-costs-as-un-sanctions-take-toll.html

  89. This interview resonates with my own expierence in attempting to educate people on how the financial system really works, what money and central banking actually is and the servitude we give as an inheritenace to our children. The response is a glazed look and me feeling slightly ridiculous at having tried to broach the subject. The system will have to collapse and people be subject to real pain before anything can be accomplished. My goal now is to secure myself and direct family.

  90. Fed set to downgrade outlook for US Excerpt: http://forum.prisonplanet.com/index.php?topic=182990.0

  91. Goldman Sachs Estimates Derivatives May Provide Up to 35% of Its Revenue http://www.bloomberg.com/news/2010-08-07/goldman-sachs-estimates-derivatives-may-provide-up-to-35-of-its-revenue.html

    Goldman Made Between $11 And $16 Bill In 2009 Trading CDS And Other Derivatives http://online.wsj.com/article/SB10001424052748703988304575413782484193438.html

  92. Cesare Bonventre

    Recall that Dick Cheney, who owns a huge financial interest in the prison industry, is making a killing as crime rises in America!

    When is California (and other states) going to “go after” US University tenured elites making a killing, (meanwhile kids can’t afford loans for colleges)

    Perhaps the gods lost their interest in America:

    America who sold Iraq invasion on a pack of lies; and caused the deaths of over 1 million innocent, 500,000 of which were children whose only crime was being born at the wrong place at the wrong time! Yet so far, the only “weapons of mass destruction” found is a single vial of Botox, twelve years old… one vial of Botox – less than is carried in the ever-rosy cheeks of Miss Joan Collins.

    A country that imprisons 1 in 100; where the CIA are the brokers of crack & cocaine & where Dick Cheney makes profits off the prison system!

    Longest period of time USA has gone without bombing someone: 2 years

    The US Deep Government created the heroin epidemic of the 70s by funding covert operations in SE Asia; the coke & LA crack epidemic of the 80s; and now a new heroin epidemic stemming from Afghanistan

    And now America, after having invented, paid & supported Bin Laden to wreck havoc on Afghanistan – America the strongest nation in the world, to add insult to injury – inflicts more misery on the poorest nation of the world! A nation of people who mostly don’t even know where America is on a map!

    How many heinous things has American Deep Government inflicted upon the world; upon Peru, Ecuador, Panama, Chili, Guatemala, Brazil, Argentina, Nicaragua, Haiti, etc. etc. etc? And what of America’s economic hitmen upon Darfur, Rwanda, and other impoverished nations? Who will pay for this vast sum of nefarious karma?

    What was it JFK was talking about when he asked the American people to help him fight the “secrete societies within the American deep government”?

    Go back asleep America – You have the government you deserve!

  93. The conglomerates will destroy our knowledge of right and wrong and, in the end, will destroy themselves.
    I have given up every hope for a civilized America, and justice as we historicaly
    knew it.
    Thanks for your effort.

  94. Liked the interview, sounds real nice … Reality is a bitch with the fixed and repaired world he and others are seeking is only a fuckin dream. Face it, the power of the machine has the meek by the throats, and the machine has no feelings. Dream on.

  95. Cesare Bonventre

    AMERICA DOESN’T EVEN PRINT ITS OWN MONEY – Money is created by all banks in any amount they please, (from a practical standpoint, there is NO limit to fractional lending amounts)!

    The CIA is an integral part of the fraudulent banking system:

    CIA dir nominee Greenburg is CEO of AIG; Ret CIA dir Slatkin is on Citibank board; Ret CIA dir Deutch boards Citigroup; CIA Exec Dir Krongard profited in millions off 911 insider trading & Chaired investment bank A.B. Brown & Vice Chair of Banker’s Trust; VP of NYSE Doherty is x-CIA; CIA Dir Casey chairs SEC; Bush Sr worked CIA since 63 & chair investments with Bin Ladens, younger Bush runs WTC security (allowed 6 days w/out security prior to 911), only money Lil Bush made was through Bin Ladens

    The Pentagon admitted the day before 911 that 2.3 Trillion dollars has gone missing, ($8000 from every man, woman & child in the USA) – The Army office hit at the Pentagon on 911 was their accounting office thereby covering up those misdeeds – Just as bringing down WTC 7 covered up all the illegal Naked Bond trading of Geithner, Paulson, Sumners, and the rest!

  96. Well it’s like Max said about the Holywood accounting. I know that the Movie industry never worked whitout a double set of books and maybe even Triple.

    Film Producers know that 1 movie has to make up for 3 less succesfull movies so are famliar with loss bookings accountings.

    To be sure that you don’t have to pay tax like BP you throw some losses on the balance sheet so you can nullify your tax pay.

    The Banks have huge losses on their off balance sheets so are able to not pay taxes for ages. The Taxpayers are raped again.

  97. Cesare Bonventre

    The Collectors Assc of America decades ago gave stats proving that when debt goes uncollected for a period greater than 180 days, the probability of actually collecting it diminishes to around 8%!

    The debt the banks keep passing back and forth is worthless!

    AIG awarded $500 million in bonuses to its executives after accepting a $173 billion government bailout

    After the Tax Payer bailed out Merrill Lynch, they turned around and gave their executives 3.6 billion in Christmas Bonuses!

    UBS bank was fined 700 million for tax evasion; then Congress gives them 5 billion free tax payer dollars

    The Government is a growing Tumor & the illegal privately owned FED Reserve is its blood supply!

    Goldman Sachs made a killing off AIGs collapse!

    Geithner, who has been wrong about everything for 15 straight years, also former President of the illegal privately owned NY Fed Reserve, convinced Clinton that counterfeit derivatives were a solution & thereby created the Community Reinf Act, its enhancement in 95’ under Clinton; ending the 1933 Glass-Steagall Act; and raised banking Capital to Debt ratios from 1:12 to 1:33!

    As of April 2009, Banks are now allowed to hide their true Net Worth, (eg. Mark the Model method enabled Citigroup, Wells Fargo, to post a billion dollar gain when it is sitting on many billions in losses); expect accounting fraud to blow up at an ever increasing tempo!

    The Americans have the government they deserve!

  98. Cesare Bonventre

    Who did the government hire to work for the RTC to clean up the banking closures in the 80s – THE FORMER BANKERS whose banks had died because CEO’s were lending money to themselves!

    That guaranteed the press wouldn’t know the specifics!

  99. Bank Of America Sees Litigation Losses Of $250M To $1.4B http://online.wsj.com/article/BT-CO-20100806-715172.html

  100. They could semi blow up/take it over and in the reconstruction use AIG as Slushfund for example to bail in triilion so they can put it on taxpayers tab again.

    But there are more candidates to acy as slush fund in an other controlled demolition. Could it be the Bank of America?

    BofA Mortgage Repurchase Requests Total $11.1 Billion http://www.bloomberg.com/news/2010-08-06/bank-of-america-repurchase-requests-for-mortage-debt-total-11-1-billion.html

  101. AIG reports $2.7bn second quarter loss http://www.bbc.co.uk/news/business-10896498

  102. Gold made a remarkable fast come back after been pushed under which shows that expectations are very low.

    Banks still hold old prices on their balance sheets but have to write them off at a one point.

    And this only the beginning of Big Banks trouble’s who are hoarding to create their own new black hole to fill the off balance debts later.

    Who’s gonna hold the slushfund is the question?. While $5 trillion* of taxpayers money seems the beginning of a serious unwounding from the deep dark poles in off balance sheets loses on unnumbered accounts.

    *While $5 trillion: According to Bob Chapman total new stimulus/bail out needed to keep the economy just afload in the coming years

    Rosner Says U.S. Banks Still Own a Lot of Problem Assets: Video http://www.youtube.com/watch?v=JeFR6O6b3rk

    Ferguson Says U.K. Banks Still to Reveal `Lot of Losses’ : Video http://www.youtube.com/watch?v=8hSEpQODUUE

  103. Going back to Dallas. Take my Rhythm and Gun http://www.youtube.com/watch?v=AjcOSmmTTiE

  104. whats up wit tees suedo names be real WTF me at least give yer first name

  105. Ry Cooder – Vigilante Man (live) http://www.youtube.com/watch?v=x4KmbUCwkyE

  106. @knowbuddhau
    no, pardon me Sir, I was not aware of the buddha joke and of your earlier writings. Would you send me some link so that I can study them? Find the whole subject interesting but am trying not to accept any thing bombastically. perhaps it’s your faith to guide me find my path.

  107. Jane Bürgermeister,(vaccine whistle-blower ) Independent Journalist, to appear at court: may be arrested! http://www.redicecreations.com/article.php?id=12090
    watch out mr. ronron! there is of course a google software that can clean your records but it must be executed from within google.

  108. @mae’s fanny

    @knowbuddhau
    Very well written and interesting, but isn’t simplistic to assume that it is either or. Could it be that some properties are mechanistic and some inner holistic? Say like quantum particles? Do you believe that humans are capable of reasoning and contemplating the bigger picture, at all? I’m not sure, but hey it is nice to try.

    Of course. Pardon me for saying so, but isn’t it simplistic, to assume I didn’t know that? With a name like “knowbuddhau,” which is derived from what I believe is the world’s first Zen knock-knock joke, written by yours truly in 2000, do you really need to ask, if I believe humans capable etc.?

    These words and spaces express serially what actually is occurring multi-dimensionally, right? So it shouldn’t be a surprise, when, as an artifact of this medium, it seems like we’re saying the world is 2-dimensional.

    KNOCK-KNOCK
    (who’s there?)
    BUDDHA!
    (buddha who?)
    KNOW! BUDDHA U!

    KNOCK-KNOCK
    (who’s there?)
    COSMOS!
    (cosmos who?)
    KNOW! COSMOS U!

    Newtonian mechanism is an improper way of being human in the world, but it is a proper way of dealing with mechanisms. I’m using a wireless keyboard to type these words, after all.

    The relevant passage from the Gould quote:

    The deflation of hubris is blessedly positive, not cynically disabling. The failure of reductionism doesn’t mark the failure of science, but only the replacement of an ultimately unworkable set of assumptions by more appropriate styles of explanation that study complexity at its own level and respect the influences of unique histories. Yes, the task will be much harder than reductionistic science imagined. But our 30,000 genes — in the glorious ramifications of their irreducible interactions — have made us sufficiently complex and at least potentially adequate for the task ahead.
    We may best succeed in this effort if we can heed some memorable words spoken by that other great historical figure born on Feb. 12 — on the very same day as Darwin, in 1809. Abraham Lincoln, in his first Inaugural Address, urged us to heal division and seek unity by marshaling the “better angels of our nature” — yet another irreducible and emergent property of our historically unique mentality, but inherent and invokable all the same, even though not resident within, say, gene 26 on chromosome number 12.

    Simply reducing, for the sake of analysis, us living, growing, self-knowing earthlings to Newtonian voodoo dolls, the better to predict and control human behavior and events on the world stage, doesn’t make us so.

    For example, what on earth is a “food chain”? If we ever want to get out of this hypermechanized dystopia, it’s better to conceive of it as a living, growing, adapting, organic activity, not apart from ourselves, than as a thing forged of iron or steel, at the top of which we sit, able to yank the chains of all other earthlings.

    Again, that’s so last millennium!

  109. @Stacy. could you not change your password?

  110. @Marc. they may find some gray hairs on me. yahoo news posted that. :-)

  111. @ronron – yes I had that with a very old account that I don’t use but that I still have and someone opened a facebook account with it; still trying to figure it out

  112. Marc Authier

    @Ronron
    See what happens Ronron when your not nice with the American Dream. I am sure it’s because of the stuff on US corporation in the hole for 7,4 trillion dollars you mentioned today. Stephen Harper, that CIA, is watching you Ronron. They are trying to see if they can find somethin on Ronron. It’s Homeland Security Ronron. :)

  113. fucking annoying. i can not seem to change my hotmail password and someone else is signing in to my account. anyone else experience this?

  114. Sorry this may pop up twice again
    @knowbuddhau
    Very well written and interesting, but isn’t simplistic to assume that it is either or. Could it be that some properties are mechanistic and some inner holistic? Say like quantum particles? Do you believe that humans are capable of reasoning and contemplating the bigger picture, at all? I’m not sure, but hey it is nice to try.

  115. @Danny Schecter c.2:15-2:25 part 2

    “This is the problem here, the problem isn’t just that this is happening, you expect this to happening (sic), this is who these people are, this is their DNA, this is how they work. …”

    Au contraire, my much admired friend. What you’ve got there is an unjustified reduction, of social behavior based in beliefs, to genetics, then to mechanics.

    This is who these people believe they are, this is how they believe the world to be made to work: by patriarchal fiat and kinetic force, by outside forces animating stupid and inert matter from the outside with ever longer levers.

    O brother, my Brother Danny, as much as I sincerely admire and respect your work, as much as I am grateful for all you’ve done, you really gotta get over that reductive, mechanistic, Newtonian habit of speech and thought. It’s so last millennium!

    Are we organisms, or are we mechanisms? Our assumptions about the essential nature of being human are of the utmost importance. We’re really organisms who, as in the movie The Matrix, have strangely come to believe in themselves as mechanisms, as Bizarro world Newtonian voodoo dolls.

    Or, as the people who’ve been weaponizing psychology for the APA and DOD might say, mere appetites and voting-machines on two legs, oh so easily jacked?

    Danny, in your Herculean efforts, to clarify and correct our shard narrative, have you ever run across the highly unusual NYT op-ed by Stephen Jay Gould, on February 19, 2001: Humbled by the Genome’s Mysteries?

    Here’s the pivotal paragraph, and the two epochal conclusions Gould makes:

    The implications of this finding cascade across several realms. The commercial effects will be obvious, as so much biotechnology, including the rush to patent genes, has assumed the old view that “fixing” an aberrant gene would cure a specific human ailment. The social meaning may finally liberate us from the simplistic and harmful idea, false for many other reasons as well, that each aspect of our being, either physical or behavioral, may be ascribed to the action of a particular gene “for” the trait in question.

    But the deepest ramifications will be scientific or philosophical in the largest sense. From its late 17th century inception in modern form, science has strongly privileged the reductionist mode of thought that breaks overt complexity into constituent parts and then tries to explain the totality by the properties of these parts and simple interactions fully predictable from the parts. (“Analysis” literally means to dissolve into basic parts). The reductionist method works triumphantly for simple systems — predicting eclipses or the motion of planets (but not the histories of their complex surfaces), for example. But once again — and when will we ever learn? — we fell victim to hubris, as we imagined that, in discovering how to unlock some systems, we had found the key for the conquest of all natural phenomena. Will Parsifal ever learn that only humility (and a plurality of strategies for explanation) can locate the Holy Grail?

    The collapse of the doctrine of one gene for one protein, and one direction of causal flow from basic codes to elaborate totality, marks the failure of reductionism for the complex system that we call biology — and for two major reasons.

    First, the key to complexity is not more genes, but more combinations and interactions generated by fewer units of code — and many of these interactions (as emergent properties, to use the technical jargon) must be explained at the level of their appearance, for they cannot be predicted from the separate underlying parts alone. So organisms must be explained as organisms, and not as a summation of genes.

    Second, the unique contingencies of history, not the laws of physics, set many properties of complex biological systems. Our 30,000 genes make up only 1 percent or so of our total genome. The rest — including bacterial immigrants and other pieces that can replicate and move — originate more as accidents of history than as predictable necessities of physical laws. Moreover, these noncoding regions, disrespectfully called “junk DNA,” also build a pool of potential for future use that, more than any other factor, may establish any lineage’s capacity for further evolutionary increase in complexity.

    The deflation of hubris is blessedly positive, not cynically disabling. The failure of reductionism doesn’t mark the failure of science, but only the replacement of an ultimately unworkable set of assumptions by more appropriate styles of explanation that study complexity at its own level and respect the influences of unique histories. Yes, the task will be much harder than reductionistic science imagined. But our 30,000 genes — in the glorious ramifications of their irreducible interactions — have made us sufficiently complex and at least potentially adequate for the task ahead.

    We may best succeed in this effort if we can heed some memorable words spoken by that other great historical figure born on Feb. 12 — on the very same day as Darwin, in 1809. Abraham Lincoln, in his first Inaugural Address, urged us to heal division and seek unity by marshaling the “better angels of our nature” — yet another irreducible and emergent property of our historically unique mentality, but inherent and invokable all the same, even though not resident within, say, gene 26 on chromosome number 12.

    Stephen Jay Gould, a professor of zoology at Harvard, is the author of “Questioning the Millennium.”

    So no, my much respected elder brother, it’s not in their DNA. That’s a rather eugenic way of putting it, which comes from our hypermechanized habits of thought and speech.

    If we keep using outdated and discredited reductive metaphors for us complex biological systems, such as war and mechanisms, we really shouldn’t be surprised when a lifeless world of war machines is what we get.

    After all, as I’m sure you know, if we keep doing the same thing: keep using atavistic Newtonian metaphors that got us into this hellscape to begin with; but expecting different results: expecting them to deliver us into the Promised Land; then we’re nucking futs.

    Try this simple experiment: Pick a noun, any noun; add “war;” search for that phrase, and I’m willing to bet you’ll get a ton of results.

    So how do we expect to end any particular war, when war is the metaphor of choice for every freakin’ thing we do? How do we expect to humanize our affairs, when we keep talking about ourselves and our source, Mother Nature, as mechanisms controlled from the outside by fiat and kinetic power? (We issue commands with each keystroke, btw.)

    If not mechanics, then how do we do the voodoo we do? Organically. That is, we make things happen the same way you, o readers my beleaguered Readers, are hearing these unspoken words in your inner ears: from within, silly!

  116. Danny Schechter is a good man, I have watched this WMD – weapons of mass deception and In debt we trust videos and it had an effect on me, I learned a lot from it.

    continue the theme of bankers;
    Bankers Party Like Recession Didn’t Happen
    http://news.sky.com/skynews/Home/Business/Bankers-Quaff-Champagne-At-Party-To-Celebrate-Green-Shoots-Of-Economic-Recovery/Article/201008115677260?f=rss
    “It’s Been Hard: Only One Maserati This Year”

  117. We the subjects are looking forward to your actions, US citizen!
    Arundhati Roy:
    “The battle has to begin here. In America. The only institution more powerful than the U.S. government is American civil society. The rest of us are subjects of slave nations. We are by no means powerless, but you have the power of proximity. You have access to the Imperial Palace and the Emperor’s chambers. Empire’s conquests are being carried out in your name.”

  118. we the subjects are looking forward to your actions, US citizen!!
    Arundhati Roy:
    “The battle has to begin here. In America. The only institution more powerful than the U.S. government is American civil society. The rest of us are subjects of slave nations. We are by no means powerless, but you have the power of proximity. You have access to the Imperial Palace and the Emperor’s chambers. Empire’s conquests are being carried out in your name.”

  119. Marc Authier

    http://video.google.com/videoplay?docid=-2481042943414042535#

    UBS TV. What a fantastic coincidence ! UBS TV. Remember this film ?

  120. @Max

    Time to launch the “FIX” fraud index. Since the volatility of the VIX just a euphemism for fraud the two indexes should track closely. Although ithe FIX might not be measured as up or down, but in or out instead.

  121. and them jesuits got there bloody hands in this too

  122. Marc Authier

    @kk
    A creator needs also to eat. No ? The info on CNN is free. Free as Nazi propaganda. In reality the cost of the infos on CNN is astronomical. How about 25% unemployment and a ruined country. Yes CNN is a criminal organization.

    http://www.dailymotion.com/video/x8zl3o_fahrenheit-451_shortfilms

    You want real info kk. Paying a couple of bucks is not the end of the world.

  123. im thinking abrahalim of worms.the the esoteric teachings of albert pike .or combonation of them .egyptian mumys cry for lost children among the papayrus reeds and wind instuments a caucauphony of sorrow bridge a sighs

  124. I think it was Arundhati Roy who gave kudos to some US citizens for being so well informed despite the corrupt NAZI media. I’ll post her speech if/when I find it

  125. if dannys motives are so noble, why isnt the movie available on youtube for everyone to see?

  126. Marc Authier

    @Willian of the North
    I would suggest personnally an exorcist from the Vatican. Washington and New-York need an batallion of exorcists and quick ! There there William. Du calme du calme. You are satisfied now ? ‘Vade retro Satanas Washington !’
    By the way Obombatilabanana sister in law practices vooodoo in the white house. Nancy Reagan was obsessed with astrology and Lincoln used to speak to his deceased wife. We need an exorcist for the FED and Washington.

  127. William of the North

    @Max,

    I am dissappointed with you. You missed an opportunity during the interview.

    “…..we need a witch doctor,I guess, to come in from Africa, to figure this out, to roll the bones, and come up with a solution….”

    You could of dropped the ” then why can’t Barrack figure this out; there is still a small group of people who believe he is from Kenya…”

    or ” Is that some racist comment about the guy I was stumping for during the last election…”

    Anyway…… Missed an opportunity to provide some funny.

  128. I liked his line that “if it is not on TV then it does not exist” Shows just how dumbed down we have become.

  129. Marc Authier

    @Ronron
    Like Danny said. If the lady on CNN doesn’t talk about it, it’s no problemo amigo. Buy buy buy ! Bye Bye !

  130. Marc Authier

    @Ronron
    USA is a built on godamn bullshit. Yeah it’s the trurth. No problem. The rest of the world loves bullshit. Give me my MADE IN USA bullshit ! You want it ! You want it ! I want it ! Yeah. The number is exact. US compation are all hiding their shit in places like Cayman Island.

    It’s called ‘Special Purpose Entities’ and ALL corporations are full of it !

    Another nasty secrert Ronron. European corporations and asiatic corporations are doing the same thing ! Kenneth Lay was a fuckin genius ! He invented the art ! Him and Carlo Tanzi, that fuckin mafiosi from Parmalat. Long live the SPEs !

  131. I ordered Plunder. Should be good with some popcorn and beer

  132. Marc Authier

    @flicks
    That’s the main problem. Do people have the culture and even the mental capacity to understand what Danny Schechter is talking about ? I doubt it. Most assholes, included the ones in finance, banking or small business !, don’t want to know how it’s works. Most of them are conditionned to find all this shit perfectly ‘normal’. What do you do with all these PNL fucked up Pavlov’s dogs constantly feeded by CNN USA Nazi Wall Street bullshit say to you that’s it’s the way it goes and that’s it ? These TV people still are having a nefarious influence even if their rating are dying.

  133. Sylvia Rogier

    Here’s a cute animation from 1999. Guy had insight.

    http://www.youtube.com/watch?v=E4lPA_otVIs

  134. All the best with your film

    Plunder

    Danny Schechter

    You go through the moods when making films and art for that matter.

    http://www.youtube.com/watch?v=sClxM2gqU1I&feature=related

    Unless mainstream takes it up and such work its always going to be difficult to alter behaviour, hell I cant even get my family to believe it would be a good idea to own gold to preserve their wealth, they believe owning property and land is the be and end all.

  135. @Stacy
    Why did you stop being (on the phone) on the edge. I mean I understand that you would not use a head scarf (guessing). But I Think it was a great arrangement using the phone interview. Just mAx is like half the program ;) with all do respect for Mr. Keiser of course.

  136. Marc Authier

    So do we in Canada. Most of Canadian pension funds are managed by total USA assholes. The head of the fish is rotten.

  137. Marc Authier

    USA desserves to go to hell. So does Europe and us.

  138. Marc Authier

    Fantastic comparison between Corexit and Securitazition ! Dilute the shit. That way nobody is supposed to notice. In both cases it’s not working.

  139. unos
    Hic ;-)