We discuss all the Asos in the headlines, the ten dollar Facebook profiles being used to promote 55-gallon tubes of personal lubricant and Japan lathering Europe with monetary lubricant in the form of ESM bond purchases. In the second half of the show, Max Keiser talks to Reggie Middleton about the education debt bubble, the collapsing collateral value of a university degree and the reason that French debt is trading higher than UK debt.
Outstanding show! You produce the most unique, and controversial, financial commentary show in the business. Your penchant for throwing flair on taboo topics, creating interest in what is usually mundane deservedly makes you the most viewed independent reporter in the world.
– Cordially, Reggie Middleton

Treasury, Fed put kibosh on $1 trillion coin http://www.marketwatch.com/story/treasury-fed-put-kibosh-on-1-trillion-coin-2013-01-12
FDIC shutters first bank of 2013 http://www.marketwatch.com/story/fdic-shutters-first-bank-of-2013-2013-01-12
‘Death Star’ hopes dashed by White House http://www.marketwatch.com/story/death-star-hopes-dashed-by-white-house-2013-01-12
U.S. retail spending might suffer a blow – Holiday sales decent, but smaller paychecks in 2013 pose threat http://www.marketwatch.com/story/us-retail-spending-might-suffer-a-blow-2013-01-13
First Bank Failure For 2013 – 51 Bank Failures Total For 2012
http://forum.prisonplanet.com/index.php?topic=227020.msg1390660#msg1390660
FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html
January 11, 2013, Westside Community Bank City: University Place State: WA
More info here: FDIC shutters first bank of 2013 http://www.marketwatch.com/story/fdic-shutters-first-bank-of-2013-2013-01-12
Euro zone members may pay more for bailouts http://www.marketwatch.com/story/euro-zone-members-may-pay-more-for-bailouts-ft-2013-01-14
Shell, Esso accused of predatory pricing in U.K. http://www.marketwatch.com/story/shell-esso-accused-of-predatory-pricing-in-uk-2013-01-13
Oil climbs back above $94/barrel http://www.marketwatch.com/story/oil-climbs-back-above-94barrel-2013-01-14
Brent crude $111.24 and U.S. crude $93.94 a barrel now http://www.reuters.com/finance/commodity?symbol=[email protected]
Iron-ore prices may soon melt http://blogs.marketwatch.com/thetell/2013/01/13/iron-ore-prices-may-soon-melt/
I wonder if Tarantino makes films at all because they are more like cartoons
The cartoon influence on Tarentino’s movies is unmistakenly big. I also recognize some cult influences from the beginning of the ‘Horror’ movie genre with over the top forceful bloot spewing and devils vomiting their evil greenish stomics all over the place. Tarantino Directed a total of 17 titles with some impressive ones: http://www.imdb.com/name/nm0000233/
2009 Inglourious Basterds
2007 Grindhouse (segment “Death Proof”)
2005 Sin City (special guest director)
2004 Kill Bill: Vol. 2
2003 Kill Bill: Vol. 1
1994 Pulp Fiction
1992 Reservoir Dogs
@Bonn
Nice one. Polished and shiny – doesn’t look like a hack job (my skill level
)
I read the article. Not broadcast in the US. It is if you have Roku. Comes over my TV just fine.
Private NHS providers in line for corporation tax exemption:
http://www.guardian.co.uk/society/2013/jan/13/private-firms-corporation-tax-nhs-profits
Call to stop bankers’ bonus tax dodge:
http://www.guardian.co.uk/business/2013/jan/14/bonus-plans-goldman-sachs
Why is the government/their corporation pals & bankers so shameless about their greed and corruption now? It seems endless and getting worse as the weeks go on. Are they trying to see how far they can asset-strip and/or goad the public into civil disobedience so that they can have an excuse to impose a police state? Why are they so shameless – anyone?
@sophbee…”Why are they so shameless – anyone?”…They’re a complete
different species, specifically bred devoid of empathy or “shame.”
http://www.dailymail.co.uk/debate/article-2251388/EPHRIAM-HARDCASTLE-Oxford-Bullingdon-Clubs-distasteful-initiation-ceremony-.html
Is Pepe Escobar still in London town ?
Would I be the only one who would love to see him turn up on TKR ?
JP: great suggestion. And besides Pepe’s insight , you gotta love that name.
@Alf
Yes, bullingdon boys burning £50 notes in front of beggars – if that was confirmed to be true, it wouldn’t surprise me in the slightest.
The thing is, the elite must know that the more brazen they are with their cronyism/greed/selfishness/corruption the more likely the people will revolt so they must either be very stupid or have a plan up their sleeves.
My guess is if Cameron goes for the referendum on Europe or signals a way out; the US will be presenting more UK bankster dirty deeds. Remember it was the Americans who brought us Libor and the HSBC drug money laundering. I bet Cameron backs down and the far right gain even more so.
Just he says he’s in London for R&R in this recent interview
https://www.youtube.com/watch?v=gSGuyhE-2RY
But maybe he’s hopped away already. Just a thought.
All together on the chorus……………………
http://www.youtube.com/watch?v=WSIUf2hD6Io
bugger the bankers and politictions ………………………
CURRENCY WARS
Peru’s Central Bank Buys Most Dollars in Five Months to Tame Sol http://www.bloomberg.com/news/2013-01-14/peru-s-central-bank-buys-most-dollars-in-five-months-to-tame-sol.html
Abe Aids Bernanke as Japan Seen Buying Foreign Debt http://www.bloomberg.com/news/2013-01-13/abe-aids-bernanke-as-japan-seen-buying-558-billion-foreign-debt.html
Guns Protect Honest People-Catherine Austin Fitts !!!
video here:
http://usawatchdog.com/guns-protect-honest-people-catherine-austin-fitts/ (20:56)
sorry, I forgot …
CAF is also talking gold, war etc…..
silverfuturist – 14.1.13
Dollar will not hyperinflate – Martin Armstrong
http://www.youtube.com/watch?v=VkuAimUTp-Q&feature=share&list=UUBgYfi5EKCfD7ZJiIBDArSQ (8:22)
Why are you Turkeys bashing Glenn Beck? Have you listened to what he says? I doesn’t seem like it because it seems to me you two would agree on more points than you would differ… His town based on Gault is a protest much like your Keiser coin… So knock it off.
Keith Ratliff, One Half Of The Popular FPSRussia YouTube Channel, Murdered In Georgia
Read more: http://www.uproxx.com/gammasquad/2013/01/keith-ratliff-fpsrussia-dead/#ixzz2HzthbCUR
I really thought that Death star plan was a goer,
disappointed to say the least.
Max, what with that NPR voice there????.
UFO Sightings At International Space Station On The Rise (And You Can Help Find Them) (VIDEO)
http://www.huffingtonpost.com/2013/01/13/ufos-at-international-space-station_n_2450625.html
http://phys.org/news/2013-01-eu-gm-corn-linked-cancer.html
EU releases all data on GM corn linked to cancer
http://www.veteranstoday.com/2013/01/13/who-killed-aaron-swartz/?utm_source=rss&utm_medium=rss&utm_campaign=who-killed-aaron-swartz
Americas.Most.Secret.Structures. .
http://www.youtube.com/watch?v=HT-pJboZjxo
Wearher Weapons
http://rowans-blog.blogspot.co.uk/2013/01/the-major-banks-are-organised-criminal.html
‘Just in case you might have overlooked some of the offences these criminal gangs have committed recently, and the fines they have paid, refresh your memory with these.
1. $1.9 billion, HSBC, December 2012. Charge: Accused of money laundering activities tied to drug cartels in Mexico, and terror-linked groups in Saudi Arabia.
2. $667 million, Standard Chartered, August and December 2012. Charge: Violating US Sanctions on transactions with Iran, Burma, Libya and Sudan.
3. $619 million, ING Bank NV, June 2012. Charge: Covering up fund transfers in violation of U.S. sanctions against Cuba, Iran.
4. $536 million, Credit Suisse, December 2009. Charge: Allowing clients in Iran, Libya, Sudan, Myanmar and Cuba to conduct financial transactions in contravention of international sanctions.
5. $470 million, Barclays, November 2012. Charge: Rigging electricity market pricings
.
6. $450 million, Barclays, June 2012. Charge: Manipulating Bank Libor Rates.
7. $350 million, Lloyds TSB Group. Charge: Allowing Iranian and Sudanese clients access to the U.S. banking system.
8. $298 million, Barclays, August 2010. Charge: Allowing client payments from Cuba,
Sudan.
9. $233 million, Royal Bank of Scotland, June 2012. Charge: Manipulating Bank Libor rates.’
Regarding inflation, am I correct that one way of reducing your debt is to inflate it away? Is this government policy in QE countries?
I’m sure I read this somewhere and that international creditors get mightily angry with countries that do this.