We discuss the alleged meritocracy of old Etonians running the world (into the ground) while the rest of us remain wards of the state – from the President of France to PhDs on foodstamps. In the second half of the show Max talks to John Titus, producer of the new documentary, Bailout.
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Stacy Summary: The sky is falling! The sky is falling! The sky is falling!These bankers are either the biggest babies we’ve ever seen or they are trying to hold us up at derivatives gunpoint again. You decide. Personally, I’m sick and tired of their shrieking.
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Stacy Summary: I always love it how over the past two years, markets grow euphoric on any state intervention in the market. Probably a good time to offload some euros in the next few days . . . (btw, if you have lots of euros, I would buy German assets for when the euro currency dissolves; you might want to be converted back into Deutsche mark rather than franc, drachma, peso or lira).
UPDATE(S):
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Stacy Summary: So sorry for @Danny, @DorkofCork @gussy @namarama etc. These Welfare Queens are clearly addicted. They should go cold-turkey.
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Posted in Headlines
Tagged allied irish, anglo irish, bailout, bailout tuesday, ireland, irish
Stacy Summary: Good morning!! Another judge rules that the Fed must disclose $2 trillion bank bailout records. My question for you is, how will the Fed make these records ‘disappear?’
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Stacy Summary: This is as brazen as Marie Antoinette telling the peasants to eat cake. If stampedes at Walmart and Ikea are any indicator, however, today’s peasants would apparently pummel each other not the Antoinettesque bankers/politicians over those pieces of cake.
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Stacy Summary: Let’s just call bankers ‘oligarchs.’ I mean, the MSM always refer to the likes of Abramovich, for example, as ‘Russian oligarch.’ He is never referred to as a ‘Russian businessman.’ So, why not the same treatment for Goldman Sachs or JP Morgan bankers?
Updates:
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Stacy Summary: Warren Buffett joins a long line of rich and powerful American men who have benefited from the bailout funds that were handed out after the same men threatened the taxpayer with apocalypse. Speaking of apocalypse, check out the stories on Iceland and on global currency wars . . .
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Rick Ackerman
Karl Denninger – Market Ticker The Big Picture Mish David Morgan King World News SmartKnowledge GoldCore
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A Lightning War for Liberty
