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.
Tags: cds · europe · merkel · papandreou
Stacy Summary: I like the way that all official statements coming from China relating to almost anything, including the economy; are contradicted by several other official statements. So, for example, in the last week we have heard from several official sources that the yuan will rise by up to 5pc and that the yuan, in fact, will not be allowed to rise at all. It’s the art of war I suppose of never letting your enemy, in this case, the other players in the market, know what you are really doing.
Tags: china · gold
Stacy Summary: h/t to @Danny for sending this link about the transfer of Irish wealth to the few bankers.
Tags: Jibber Jabber
Stacy Summary: Yummmmm. McDonald’s comparable sales up 4.8% . . .
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Stacy Summary: If you want to listen live, here is the link to the site. I will post the youtubes when those are made available later!
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Stacy Summary: Wow, great piece by Janet Tavakoli. We definitely need to get her on the show to discuss. And, to all the Irish people out there, at your insistence, I have contacted David McWilliams! You can, too, if you want to demand he appear as a guest on the show.
Tags: credit default swaps · gold · janet tavakoli
Stacy Summary: Ha ha, Max has been alleging this for years, well I guess here is some proof from Business Insider . . .
Tags: business insider · casino · citigroup
Stacy Summary: Here is Max’s appearance on Athens 104.4 FM.
For more download & listening options, visit Archive dot org
Tags: 104.4 FM · athens radio · greek crisis · max keiser
Stacy Summary: Money heaven? Max is right, these market fundamentalists have their own religion. Did this dead money find many virgins in money heaven I wonder?
Tags: Björgólfur Thor Björgólfsson · landsbanki · money heaven
Stacy Summary: Another thread for Iceland; the story of our time. What do you think the next step will be? Sounds like the government is determined to strike a deal with the UK and Netherlands that the people of Iceland should pay the private debts of one bank. Any interesting links you have regarding the Iceland situation here too please!
Tags: Jibber Jabber
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