Occupy Economics have launched a new campaign called Break Up The Banks, calling for structural changes in the UK banking industry, starting with limiting the banks’ size to $100 billion, curbing leverage, and creating a greater numbers of mutuals. To kick this off, they’re hitting Canary Wharf at 1pm tomorrow, that great bastion of concrete financial kitsch. If anybody has time to go check it out, and to test the response time of Canary Wharf’s private police force, the reported meeting point is Canary Wharf tube station west (Jubilee line) entrance.
Category Archives: General Information
World Bank a security risk to the world order?
Former senior legal counsel at the World Bank turned whistleblower Karen Hudes talks about the corruption inside the World Bank and her personal saga to find out about it. She says a worldwide currency war is certain and NATO in jeopardy, if the wrongdoing isn’t finally addressed.
The Biggest Economic Disaster in History, Globalism, the Undoings of the West
An extraordinary interview with Dr. Paul Craig Roberts, former US Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal, about the dire future of the West.
Read… The Biggest Economic Disaster in History, Globalism, the Undoings of the West
JP Morgan Wins Biggest Payout Of All Creditors In MF Global Fiasco
Whereas most of MF Global’s unsecured creditors are to receive between 13.4 cents and 39 cents on the dollar, JP Morgan is set to receive 73 cents on the dollar, but this number will even increase due to Tuesday’s settlement.
A Max Keiser Tribute to Aaron Swartz
I’d like to dedicate this video below to Aaron Swartz, one of the people most responsible for defending the internet from SOPA, ACTA, PIPA, etc. If it weren’t for Aaron’s work, the internet would already be owned by the SOPAists.
Here is Aaron on the work against SOPA:
SLA warrior sends JPM a message engraved in silver
This comes from the genius tweeter, @MADinMelbourne, she is SLA warrior through and through and provides a mean live commentary on every episode of Keiser Report.
SLA All the Way!
Here’s part of what she wrote to me:
Got buillion engraved yesterday, guys at the shop looked at the artwork in all seriousness and said YES they could certainly do it. I came back a minute later to say something I’d forgotten, and three of them were huddled around the computer laughing “WTF is the Silver Liberation Army… ” Perfect timing for me to answer their question.
Not as easy to read as I imagined, doesn’t matter though, it’s empowering to look at! Thanks again guys for delivering much needed information to the world… I’m getting a kickuptheass education as I rewire the neurons in my brain!
The Untouchables
PBS Frontline will air a documentary called The Untouchables on 22 January. Here is the trailer. FRONTLINE investigates why Wall Street’s leaders have escaped prosecution for any fraud related to the sale of bad mortgages.
Both Nick Verbitsky and Teri Buhl were interviewed for the programme; and, while they don’t know yet whether they made it past the cutting room floor, their work certainly has been some of the most important in pursuing mortgage fraud as perpetrated by the big banks rather than by the individual homeowner as most of the MSM in the US relentlessly covers.
Here is Teri Buhl’s story for The Atlantic: E-mails Suggest Bear Stearns Cheated Clients Out of Billions
As you know, Keiser Report is the only financial news tv programme that has been covering this story for the past two years. You can search YouTube for all the interviews we’ve done with both Teri Buhl and Nick Verbitsky regarding mortgage fraud at the JPM/Bear Stearns unit.
Our most recent interview with Nick Verbitsky regarding the Bear Stearns / JPM mortgage fraud and lawsuit:
And here is just one of the several interviews with Teri Buhl regarding JP Morgan and Bear Stearns mortgage fraud. Notice that the interview is from two and half years ago! We were talking about Crash JPM, Buy Silver, naked silver shorts and mortgage fraud. Loooooonnnnnng before anyone else on television decided these were groovy stories!:
For more ‘smashmouth journalism,’ visit TeriBuhl.com
Silver Surfing Stacy Says . . .
Just an update to let the dozen or so KES winners that the rounds are all on their way. If you haven’t received it by next Tuesday, then it is late or lost. So contact me by next Tuesday and confirm that it has or has not arrived and, in the event it has gone missing, I will check the tracking number.
For all others:
- You can buy your own Keiser Ethical Silver round here.
- For UK and European buyers, the Guernsey Mint will soon be offering them for sale here.
A Song for the Holidays: On The First Day of Christmas, What Greedy Bankers and Politicians Gave To Me
- My printing presses are operating 24/7!
On the first day of Christmas, my country gave to me
A debt bigger than GDP
Yep, that’s right. US Public debt stands at more than 100% of GDP. The last time debt was this high, we were fighting a World War across two continents and building a peaceful prosperous world, whose basic shape would endure for generations. That was money worth spending. On this occasion, however, we’ve run up the debt, in order to protect Wall Street bankers – yet these banks are still crammed full of unsustainable assets. It won’t be long before the Fed further loads its balance sheet with worthless toxic assets … thereby transferring liabilities from the reckless bankers to US citizens. Maybe not quite such a good buy, huh?
On the second day of Christmas, my country gave to me
The World in 2013 – Some predictions
Bunga, Bunga is back!
The return of the undead
Berlusconi to return to Italian politics. Mario Monti to quit (and return to Goldman Sachs for a annual honorarium of $50,000,000). The Italian 10-year bond to go to 600 basis points over bunds. Investors to notice that Italy is still in the position of having massive debts and a completely stagnant economy. Panic to break out (again).
The bursting of the bubble
London property has been wearing anti-gravity boots for years now. Hey, the market has become so frothy that know-nothing footballers have been turning themselves into property developers (a sell signal if ever there was one.) But those anti-gravity boots are starting to lose their potency. Stand by for a massive fall in London prices. Property elsewhere in the UK will have a sympathy fall too. Continue reading