Stacy Summary: In yesterday’s thread, Giuseppe argued that it was somehow FoxNews like of me to point out that Dr. Patrick Michaels admission that oil firms cover 40% of his budget to produce research that ‘proves’ the oil industry does no harm. Today we see Mishkin was paid $124,000 to lend his perceived expertise to a report blessing Iceland’s banking system, just before the collapse. I would like to refer you to the video report below that WE made 12 months before Iceland’s collapse. And to continue with Giuseppe’s much applauded (Dedo) analogy, the film we made was financed by Aljazeera, which in turn is financed by the Qatar government, which in turn was a big investor in Iceland. Unlike, Mishkin, however, we were not paid directly by the corporations seeking to defraud the global taxpayer via their reckless ponzi scheme. We believe that it is important to know who is paid to produce reports, research or opinion intentionally designed to confuse and perpetuate frauds and will continue to point them out as we see them.
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Kaupthing Bank is now Kaputhing
@Tao
I enjoy the passion, confidence, and apparent clarity expressed in your comments, but your general application of terminology often leaves me squinty-eyed and wincing. I have two points for you to consider: to disassociate the terms “libertarian” and “neoliberal”, and to distinguish “Chicago” from “Austrian”. I have no agenda to promote or demote any of these terms in your world view…
but hey, if you’re interested, here’s a glimpse into mine…
http://www.dailypaul.com/node/142887
http://www.youtube.com/watch?v=Iem4a1rn1NA
@Bel-Ami,
“Most dare not even think about holding those in power accountable for their numerous crimes against humanity. The silence on Iraq is an indictment of and requiem for ‘American Values’.”
I believe that many Americans (if not most of them) think about holding those in power accountable, but they fear speaking those thoughts in a media-managed environment that gives the false impression that the public is overwhelmingly in favor of letting bygones be bygones. The only people whose discontent is given any airplay is that of the Tea Partiers, and they only heighten the fear with their irrationality and barely contained rage. The media does this intentionally to manipulate public sentiment and manufacture consent (or, in this case, a lack of dissent).
Off topic, but, the Hindenburg Omen was discovered by James Miekka who was interviewed for about 40 minutes a few days ago at tfnn dot com. On the home page go to Breaking News, bullet 4, Power Trading Hour. Miekka has quite an interesting background – I won’t blow the surprise. He’s also on Youtube for something completely different.
And the glowing report written about East Asia just 6 months before everything crashed. in 1997.Hired whores and NWO Nazi USA hitmen from Babylone, the IMF and World Bank.
It’s always an real bad owmen when one these little mother fuckers write glowing reports. A sure sign that the shit will hit the fan. Was the case in East Asia and in Latvia. All these fucks in banking and economics should be fired for good. Mishkin is a good candidate to replace Bernanké. Psychopath crook and liar.
Hired banking whore from Babylone. Nothing nwe under the sum. Reminds me of the glowing ANAL-ysis written by the IMF whores about the cotton pickicng Latvia just 6 months before the place went to hell.
OMG, I wouldn’t have thought it possible, but Mishkin is creepier than Cramer.
Mike be sure to collect the tools for the job—a baseball bat and knuckle dusters
I always thought that the “carry trade” thing had something to do with that song by Kansas and wayward sons! Never had a clue until now; now however, I think I may finally have a clue – apparently it has something to do with geysers and splashing around in hot springs. My only question left is this: where was our girlfriend when our leader was playing lobster?
@Stacy
Please read Giuseppe’s comment again. It is well written, and in it is a key element for you [and me] to understand. You are a good researcher and journalist, and neither Giuseppe nor I have any problems with your pointing out the source of someone’s funding, as a matter of fact that is good journalism. One of Giuseppe’s point though, is that when reading or responding to someone like Michaels, one must at some point remove the notion of funding in order to objectively evaluate the science. As impressed as he may be by Michael’s credentials, Giuseppe never actually comments in agreement or not with Michaels. In both science and journalism our own subjectivity often gets us off our asses to dig into a subject to investigate. This is good, and it is always a good question to ask at some point, “Who funded this research?” The people who fund things are also subjective. Objectivity sits at the other end of the scale, and as readers we need to achieve a moment where we find our own objectivity in order to correctly recognise and evaluate any objective points achieved by the writer (science researcher, journalist, etc.). People with different opinions than our own often present scattered bits of objectively valuable information to us, and we are lesser to throw the baby out with the bathwater. We must always keep an eye out for babies. I deal with this continuously as I get much useful information from ethanol scientists who are funded by big oil. General conclusions are often subjectively crafted into anti-ethanol sentiment, but I always come away with bits of good data supporting my own [current] subjective stance of promoting ethanol. My own [larger, non-compartmentalised] paradigm interprets some of the credible data differently. What Giuseppe mainly points out is the key to how I can utilise both Noam Chomsky and Oliver North, back to back, as valuable sources of information. I can only recognise the difference between another’s subjectivity and objectivity, after becoming a master of recognising the difference between my own subjectivity and objectivity.
I’ve greatly enjoyed this post and the other. One, because of this little Giuseppe digression, but mostly two, because you are a good journalist and have presented packages of much newsworthy information. You remain at the forefront of my sources of information in your chosen subjects.
Loved this peice, even the second time around, wish you two would get out and about more often and do bits like this, like you used to do!
Speaking of shills,
Sonja Boehmer-Christiansen: spoke at length to the British Parliamentary inquiry into the climategate scandal, in which she explained how climate science was corrupted by money:
I was peer reviewer for IPCC (Intergovernmental Panel on Climate Change)… Since 1998 I have been the editor of the journal, Energy & Environment (E&E) published by Multi-science, where I published my first papers on the IPCC. I interpreted the IPCC “consensus” as politically created in order to support energy technology and scientific agendas that in essence pre-existed the “warming-as -man-made catastrophe alarm.”
Scientific research as advocacy for an agenda (a coalition of interests, not a conspiracy,) was presented to the public and governments as protection of the planet… CRU, working for the UK government and hence the IPCC, was expected to support the hypothesis of man-made, dangerous warming caused by carbon dioxide, a hypothesis it had helped to formulate in the late 1980s…
In persuading policy makers and the public of this danger, the “hockey stick” became a major tool of persuasion, giving CRU a major role in the policy process at the national, EU and international level. This led to the growing politicisation of science in the interest, allegedly, of protecting the “the environment” and the planet. I observed and documented this phenomenon as the UK Government, European Commission, and World Bank increasingly needed the climate threat to justify their anti-carbon (and pro-nuclear) policies. In return climate science was generously funded and required to support rather than to question these policy objectives… Opponents were gradually starved of research opportunities or persuaded into silence. The apparent “scientific consensus” thus generated became a major tool of public persuasion…
So, apparently you guys play the shill game too. You’re behavior on this issue is quite ugly.
Larry
A Case for the World’s First Coin: The Lydian Lion http://rg.ancients.info/lion/article.html
@leobrady
Interesting thought and when reading this article brought me back to it:
“Let me write the conclusions first:
Inflation, not deflation, will dominate the global economy. The deflation scare causes the central banks in the developed economies to sustain a loose monetary policy. It will fuel inflation in emerging economies. Through trade, currency markets, and ultimately inflationary expectations, inflation will hit developed economies.” http://www.marketwatch.com/story/inflation-not-deflation-mr-bernanke-2010-08-22?dist=beforebell
I thought freedom of expression meant you can just state whatever case you want to make, no need for balance (although that helps retain the attention of part of the audience that you might bring on your own side).
I thought a condition to that freedom has to be that the person is speaking out of his/her own interests and needs, not becasue someone pays him/her or rewards him/her now or soem time in the future (or past, payed loyalty). in that case the person is representing the view of someone else and I consider that misleading (if it is not revealed).
Maybe you could argue that a corporate opinion (eminating from a non human entity) can not be represented, so if someone speaks for coca cola that ‘expression’ is illegal as it is inherently misleading.
What I am wondering is whatever happened to this “Carry Trade” Viking (Asgeir Jonsson) who Max interviewed?
He wrote a book called: “Why Iceland?” http://www.economicdisasterarea.com/index.php/tag/asgeir-jonsson/
Ásgeir Jónsson on Did the media and the markets let down Iceland 1v2 http://www.youtube.com/watch?v=akOvX4EV_Hk
Ásgeir Jónsson on Did the media and the markets let down Iceland 2v2 http://www.youtube.com/watch?v=t71xxzMxWXo
A good documentarian, journalist …. will always state his or her biases implicitly or explicitly up front.
Classic Docu and well made – Must See!
That also makes clear the Poseidon Stacy thingy. Nxt time we wonna see the Stacy Mermaid in Icelands natural hot tub.
Whatever our foldly and dearly held opinions the money trail reveals all!(normally).
Mishkin……hmmmmmmmmm
Like the simple Prince Myshkin from Dostoyevsky’s “The Idiot”?
The quack economics being deployed is a type of fetish in certain Irish economic circles.
It is called Ricardian equivalence. http://www.davidmcwilliams.ie/2010/08/23/if-it-looks-like-a-duck
Hi Stacy- Thanks for the great refresher…I could watch The Money Geyser over and over….
Keep spreading the truth.
Regards,
Joe
@ronron
WTF? who paid for that garbage? right wingers?
Thats not evil, not wrong, just stupid.
Ah, but Stacy don’t you understand their logic?
You’re being used by the evil forces at Aljazeera as part of the scheme to draw focus away from their true agenda and you continue to be used.
Whereas, everything Patrick Michaels does is as pure as the driven snow, he can never be compromised even if Exxon, BP and Royal Dutch Shell gave him a gazillion dollars and Everyone knows you can always trust big oil, just look at their record.
Stacy you must believe this because it is so.
now, confess confess
I think we should go one step further and get newspapers to put journalism warning stickers on each story published:
http://www.scribd.com/doc/35846299/Journalism-Warning-Stickers
@Bel-Ami – oh wow, that’s cool you saw that and picked it up; I found the book on the side of the road, so it was very strange to even find myself reading it
@What-me-worry – thanks for that link! war is the eternally giving racket; will post this in separate entry
Stacy,
Thanks for recommending Fallada’s “Alone in Berlin” on twitter. It is “quite a ride” of a book. It reminds me of reading Curzio Malaparte’s “Kaputt” and also “The Nuremberg Interviews”. The latter is a series of interviews by an American Psychiatrist with Nazi figures who were held in custody charged or as witnesses at Nuremberg. I recommend it strongly. They even tried Nazi Bankers. One was exonerated and another got the noose. Mention the word “Nuremberg” in the US and a haze falls over most people’s eyes. Most dare not even think about holding those in power accountable for their numerous crimes against humanity. The silence on Iraq is an indictment of and requiem for “American Values”.
Tony Blair sets up Mayfair ‘bank’ to act as a deal maker in investments for the super-rich
http://www.dailymail.co.uk/news/article-1305142/Tony-Blair-sets-Mayfair-bank-act-dealmaker-investments-super-rich.html#ixzz0xKQS3h8s
Good grief…………………..
Morning Gang
The TRUTH has hit the UK!
Every news output is now talking BEAR….Its GREAT!
& i got an interview for a debt collecting job!
Mike
big nugget. http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/eureka-moment-for-stubborn-prospector/article1675008/?cmpid=nl-news1
what is he afraid of? http://noteviljustwrong.com/blog/general/481
@Stacy
Keep on going! You are the reporter/political commentator and your thoughs are worth gold. However you will never persuade these people of that through rational thinking. Max posted a causerie on PMF a while back about how to debate like an american, and we have been seeing alot of that here lately.
Thanks for the support for the project now called DEATH
Come on people!
http://www.piratemyfilm.com/projects/177
@Stacy. i will continue to point a few things out also.