Unconstitutional Jibber Jabber

March 12th, 2010 by stacyherbert
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Stacy Summary:  Federal judge rules that Congress acted unconstitutionally in de-funding ACORN.

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Heading for an Implosion in the Paper Gold Market?

March 11th, 2010 by stacyherbert
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Stacy Summary:  h/t @ronron

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[KR24] Keiser Report – Markets! Finance! Scandal! And Joe Weisenthal!

March 11th, 2010 by stacyherbert
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Stacy Summary:  Guest this episode is Joe Weisenthal of Business Insider.

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Greek Strike Jibber Jabber

March 11th, 2010 by stacyherbert
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Stacy Summary:  Good morning, y’all!  Anyone here on the ground Greece to provide on the ground commentary?

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Banks Rally, Airlines Soar and Pole Dancing Booms

March 10th, 2010 by stacyherbert
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Stacy Summary:   These are headlines I think explain gold.  Everyone (in the market anyway) thinks all is good now.  If they are flying first class, then it’s all okay . . .

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Pink Floyd and Queen to Leave EMI as Guy Hands’ Buyout ‘Implodes’

March 10th, 2010 by stacyherbert
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Stacy Summary:  Oh dear.  We warned of this so long ago, I can’t believe Pink Floyd and Queen were still with EMI.  I also can’t believe Queen is still a band?

Video of our EMI prediction (from 5 minutes in . . . )

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[1112] The Truth About Markets NZ – 10 March 2010

March 10th, 2010 by stacyherbert
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Stacy Summary:  The Truth About Squid . . .

For more download & listening options, visit Archive dot org

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Fitch warns Greeks first year of fiscal austerity is easiest, gets harder next year, and harder still the following year

March 10th, 2010 by stacyherbert
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Stacy Summary:  Ooooooh boy.  And by the way, there is a downgrade warning in the article just for you @Mike/Liverpool.

“The first year is fiscally the easiest. Next year they have to cut another 3pc of GDP, and the following year a further 3pc,” said Chris Pryce, the agency’s Greece expert. “The great question mark is whether the Papandreou government is going to conform. There is already dissent in the cabinet,” he said.

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[KR23] Keiser Report – Markets! Finance! Scandal!

March 9th, 2010 by stacyherbert
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Stacy Summary: With guest, Greg Palast.

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Karl Denninger on when an Entire Market is a Scam

March 9th, 2010 by stacyherbert
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Stacy Summary:  Arguments for maintaining the current Credit Default Swaps market argue that the ‘markets’ should be free.   Strangely, the threat of a real market exchange on which to trade these instruments gets met with howls of rage.  If the entire market as it is at present is mired with fraud and betting against what only what a few insiders know is hologram paper based on fictional exchange rates and fake assets, then I say bring in the prosecutors, the exchanges and the light of day.

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