Sweden is home to an unregulated version of the internet

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[1172] The Truth About Markets London – 25 September 2010

Stacy Summary: Better late than never. Here’s The Truth About Markets from London yesterday.

For more download & listening options, visit Archive dot org

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[OTE74] On the Edge with Ed Harrison

Stacy Summary: On the Edge with Ed Harrison of Creditwritedowns.com

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Annika Dean and other activists just shot down the largest coal terminal in Australia.

Annika Dean and other activists just shot down the largest coal terminal in Australia. It is not that hard, loading and unloading coal is a delicate process because of the large equipment used. Safety first is the general rule in logistics, so activities where shut down during the incursion. More

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Max & Stacy: Flirting Master Class

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Bank Of America Debt Collectors Called Borrowers “F___ing Nigger” And “Punk” To Get Them To Pick Up The Phone [video]

It wasn’t until ABC News ambushed BOFA CEO Brian Moynihan Michael-Moore style outside his office that the firm finally responded by firing its debt-collection firm. More

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Feds Seize Control Of 3 Credit Unions

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Frankensalmon, Bono’s Charity, McCain’s Proposal and the Credit Meltdown

Stacy Summary:  Good morning, folks.  Lots of headlines this morning; I tried putting some comments after the headlines, let’s see if that works.

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Solari: Options For Storing Precious Metals

In this article, we summarize some of the better-known custodial, vaulting, and digital gold arrangements available to individual investors in precious metals and provide a list of considerations for those interested in exploring these and other alternatives available to them. More

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9/11 Insider Trading Update:

U.S. and Allied Intelligence Heard the 9/11 Hijackers Plans from Their Own Mouths

The 9/11 hijackers were largely unknown prior to that horrible event, right?

Actually, U.S. and allied intelligence services heard a lot from the hijackers’ own mouths prior to 9/11:

* An FBI informant hosted and rented a room to two hijackers in 2000. Specifically, investigators for the Congressional Joint Inquiry discovered that an FBI informant had hosted and even rented a room to two hijackers in 2000 and that, when the Inquiry sought to interview the informant, the FBI refused outright, and then hid him in an unknown location, and that a high-level FBI official stated these blocking maneuvers were undertaken under orders from the White House. As the New York Times notes:

Senator Bob Graham, the Florida Democrat who is a former chairman of the Senate Intelligence Committee, accused the White House on Tuesday of covering up evidence ….

The accusation stems from the Federal Bureau of Investigation’s refusal to allow investigators for a Congressional inquiry and the independent Sept. 11 commission to interview an informant, Abdussattar Shaikh, who had been the landlord in San Diego of two Sept. 11 hijackers.

* According to Le Monde, the intelligence services of America’s close ally France and of other governments had infiltrated the highest levels of Al-Qaeda’s camps, and actually listened to the hijackers’ debates about which airlines’ planes should be hijacked, and allied intelligence services also intercepted phone conversations between Al-Qaeda members regarding the attacks

* According to journalist Christopher Ketcham, America’s close ally Israel tracked the hijackers’ every move prior to the attacks, and sent agents to film the attack on the World Trade Centers

* The National Security Agency and the FBI were each independently listening in on the phone calls between the supposed mastermind of the attacks and the lead hijacker. Indeed, the FBI built its own antenna in Madagascar specifically to listen in on the mastermind’s phone calls

* According to various sources, on the day before 9/11, the mastermind told the lead hijacker “tomorrow is zero hour” and gave final approval for the attacks. The NSA intercepted the message that day and the FBI was likely also monitoring the mastermind’s phone calls

* Shortly before 9/11, the NSA also intercepted multiple phone calls to the United States from Bin Laden’s chief of operations

* The CIA and the NSA had been intercepting phone calls by the hijackers for years (see also this)

* According to the Sunday Herald, two days before 9/11, Bin Laden called his stepmother and told her “In two days, you’re going to hear big news and you’re not going to hear from me for a while.” U.S. officials later told CNN that “in recent years they’ve been able to monitor some of bin Laden’s telephone communications with his [step]mother. Bin Laden at the time was using a satellite telephone, and the signals were intercepted and sometimes recorded.” Indeed, before 9/11, to impress important visitors, NSA analysts would occasionally play audio tapes of bin Laden talking to his stepmother.

* And according to CBS News, at 9:53 a.m on 9/11, just 15 minutes after the hijacked plane had hit the Pentagon, “the National Security Agency, which monitors communications worldwide, intercepted a phone call from one of Osama bin Laden’s operatives in Afghanistan to a phone number in the former Soviet Republic of Georgia”, and secretary of Defense Rumsfeld learned about the intercepted phone call in real-time (if the NSA monitored and transcribed phone calls in real-time on 9/11, that implies that it did so in the months leading up to 9/11 as well)

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Gold to $1300?!?

Stacy Summary: Place your bets. Gold went to $1300 today. Briefly. What does it close at in NY? Will the Fed tolerate $1300?

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Mike Maloney: Great explanation of how the Treasury and Fed create debts (money) from nothing – starting at 8:15

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Why The Irish Debt Crisis Could Be Worse Than Spain, England, And Even Iceland

The Irish situation is mostly about the collapse in the economy due to a huge run-up in private sector debts. This has been complicated by Iceland-style bailouts for an outsized banking sector. More

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Guest Post: The Road to World War III

Stacy Summary: From David DeGraw, the first of five parts to his new series, The Road Through 2010: Revolution or World War III.

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