Stacy Summary: This goes well with the earlier story on mining execs blaming inbreeding for birth defects.
  |
 |
 |
Stacy Summary: Obama is about to speak on Japan situation.
|
|
|
Stacy Summary: We’ve shifted.
This tweet just sent; didn’t this happen at Chernobyl?
|
|
|
Stacy Summary: Wow, an 8.9. And the natural disasters continue . . . and, remember, when Mother Nature wants it, she always wins the competition for capital. But when all the capital is gone, perhaps we just might abandon disaster zones as they happen. Rather than rebuild.
UPDATE: **VIDEO OF TSUNAMI HITTING JAPAN**
UPDATE 2: Apparently local Japanese news reporting that a nuclear reactor is having emergency cooling problems. No radiation leak at the moment. Will track this, Japan’s PM is reportedly to make a statement soon.
UPDATE 3: Ship carrying 100 carried away.
UPDATE 4: FT reporter: Major explosion hits petrochemical complex in Northeastern Japan; AP: tsunami waves hit Hawaii
UPDATE 5: 88,000 people, a high speed bullet train and a cruise ship missing in Japan
—–
USGS earthquake map; red dots are from past hour, blue are in past 24 hours; as you can see the Pacific basin has been rumbling:
|
|
|
Stacy Summary: We look at the scandals of the ‘living’ dead centenarians collecting pensions in Japan and of Iceland’s ex-premier defending his innocence against charges of ‘economic recklessness.’ In the second half of the show, Max goes to Detroit to talk global deflationary collapse with Nicole ‘Stoneleigh’ Foss of Automatic Earth.
|
|
|
Posted in Max Keiser Video
Tagged geir haarde, iceland, japan, keiser report, max keiser, nicole foss, stacy herbert, stoneleigh
Stacy Summary: I thought Russia was supposed to be the big beneficiary of global warming? The last two articles really go hand in hand in demonstrating the dangers of command and control, corrupt government statistics meant to trick the bond market and make the consumer (formerly known as citizen) feel better about shopping. And note that the US is the only developed nation to hedonically adjust their GDP numbers and yet over and over analysts and also the citizens of the US believe that because their GDP numbers, as stated, are higher than the rest of the world, they are the BEST!
|
|
|
Stacy Summary: Every leader in the world seems to be scrambling to declare their country the next Greece; today it is Japan. It could be a clever ruse to exhaust the wolfpack of speculators.
|
|
|
Stacy Summary: h/t @Mongo. Oh boy, beggar thy neighbor moves into high gear. Mind you, Japan has been trying this for years. Hasn’t worked yet.
|
|
|
Stacy Summary: These headlines do not suggest a recovery as Geithner claims, nor does it seem the worst is behind us.
|
|
|
Posted in Headlines
Tagged britain, debt spiral, deflation, gold, japan, marc faber, oecd
Stacy Summary: Both sides of this carry trade gamble have gone bust. Interesting to see how the population itself is responding differently with each.
The crisis engulfing the world’s second economy is remarkale. Profits fell 53pc in the second quarter. Total cash earnings have dropped 7.1pc this year. Tax revenues have plunged 27pc. While the economy is no longer in recession, GDP has shrunk by 8pc from its peak and exports are down 36pc (in yen).
One of the main factors behind Iceland’s financial implosion – an extreme microcosm for the problems in the rest of the world – is the secrecy, interconnection and conflicts of interest in its public life. That the major shareholders of the banks also owned much of the non-state media undoubtedly helped to perpetuate many myths about Iceland’s economic strength.
|
|
|
Stacy Summary: Will add more headlines after I return from place Concorde where I am walking around with my pitchfork and guillotine looking for some fellow peasants to march with me to La Defense. What headlines are you reading?? I know you have some good ones! Max won’t stop talking about the Sea Shepherd, so if you have anything to add to that discussion . . . do so here!
|
|
|
Stacy Summary: I have included below a headline I covered yesterday about IMF stating that worst may lie ahead. @Russ objected to my headline of Strauss-Kahn’s statement. But, as you can see below, the Guardian interpreted his statement in exactly the same way that I did. What are your thoughts?
Stacy: Telegraph seems to be treating the story as if crop circles are not man-made? Maybe the crop circle phoenix is the real green shoots that is the absolute end of our current oligarchic system and perhaps something better lies ahead?
|
|
|
Posted in Headlines
Tagged china, crop circle, imf, japan, recession, us treasury bonds
Stacy Summary: First off – sorry for the downtime on the site last night. Apaprently, we were being bombarded with traffic from yahoo as our site was hijacked via a plugin (apparently Tweet This) and so, alas, our bandwidth limit was hit. Next, Max has a new series from tomorrow, a co-production with Associated Press TV & Press Tv called “On the Edge with Max Keiser.” We are also hoping to do versions for other networks, including one that I may be able to announce by this weekend. So, tell me what you think about all the threats in today’s headlines!
|
|
|
Rick Ackerman
King World News Mish Karl Denninger – Market Ticker Michael Hudson ZeroHedge The Big Picture![[Most Recent Quotes from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/platinum/t24_pt_en_usoz_2.gif)
Most recent: 
