Caught this show today. Excellent stuff. And thank goodness Stacy spoke up for the poor! The holographic pyramid analogy was the best bit: it is the MSM brainf**kers who maintain that image btw, they are firing the holo lasers.
I don’t trust the use of the “everything is a ponzi scheme” line. Surely that is perfect propaganda for the neoliberals to start attacking social welfare (not the corporate kind) as a ponzi scheme that must be dismantled?
For example, does the guest mention social welfare as a ponzi scheme in his book (I am “unreading” here)? If so then he obviously has a neoliberal agenda.
Wow …. 15,000 GBP !!!
I bet the “operation” costs were 10x bigger !
15 million I thought (from what I can remember of the show…didn’t watch the clip)
Anyway, labelling everything as a ponzi scheme is just a nice propaganda trick for the neoliberals (even though I still haven’t read the book…although in a sense I have ;–). Lol.
Thanks Stacy i laughed
Economic police…hahhhahahahahhah…Try raiding this house and arresting
this guy…Its not difficult, if you look closely you can see his house number
just over his shoulder. He robbing the country blind!
Chris – The weekly telegram, June 6th 2012
Silver and Gold to crush Jamie Dimon’s derivatives gambling casino. Indictments to follow.
James Corbett – Remembering Bob Chapman – June 6, 2012
So, is China heading down the same path of speculation as the West or will they be able to control their desire to propagate an economic boom … bust cycle?
“In a surprising move, China’s central bank cut its key interest rate by 25 basis points, saying the move would take effect Friday. In addition, banks were granted additional flexibility to set competitive lending and deposit rates in step along the path of liberalization. The moves come as China looks to bolster its sagging economic growth. ”
Stocks Jump 1% After China Cut, Ahead of Fed
China Cuts Interest Rates for First Time Since 2008
Just look at today’s gold/silver charts. These fuckers just don’t get tired and out of ammo. Until everything craches to the ground, JPM will be flodding markets with paper metals.
Methinks the neoliberal meme (i.e. a good idea for the bad) has infected China’s elite.
You say that the U.S. social welfare fund is a ponzi scheme doomed to fail, well as I
understand it, the social welfare fund in fact ran a healthy surplus.
This surplus has been looted by successive administrations. Starting with
Johnston, who looted it to pay for Vietnam. Right up to Obomber who is
using it to fund Bush’s tax cuts, and bomb everywhere East of Malta.
As for the UK police, they are working for the Entertainment corporations,
raiding and arresting people for copying games, CD’s, and altering Xboxes
to work with different software.
These activities are not offences under our Common Law, and none of their
So sorry missed the 20 mins of Silver chat, but glad that its taking place! Hope it is successful, for Greeces sake.
Today’s show spoke alot of truths even though it is rather hard on the general populace of US & UK as many do study, and hard! Still, there is no doubt about the general apathy and cluelessness re: the Global “Ponzi” banking system. Although many people are not naive, for the majority I think Zombie Nation is the right description…hope Everyone starts watching KR, and actually, quite a few people now do! ;^)
@Flotpot – You may be right.
Surprise Rate Cut in China; What’s it Mean?
where does one focus ones attention,…….huh,….so many conflicting ideas,…”is it a wonder” ?
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