Important Context for the ‘Tensions’ on the Korean Peninsula
May 28th, 2010 by
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Stacy Summary: As there has literally zero context provided by MSM to the situation in Korea, I thought you might like to view this segment from an interview from last night’s Democracy Now with historian Bruce Cumings. Note also the introductory clip of Hillary Clinton claiming that ‘international law’ has been broken by North Korea. And also that the ‘tensions’ have conveniently made resistance to the Okinawa military bases futile.
Tags: bruce cumings · cheonan · north korea · south korea32 Comments
The PIIGS and BRICs Man Talks SDRs
May 28th, 2010 by
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Stacy Summary: Care to comment @snoot?
Tags: bric · cny · jim o'neill · piigs · reserve currency ·sdr · usd35 Comments
Big Banks Allocate Losing Trades to Clients
May 28th, 2010 by
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Stacy Summary: I’m surprised that many seemed not to have known about this . . . talk about Fight Club.
Guest Post: The Road to Serfdom
May 27th, 2010 by
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As is true with respect to other great evils, the measures by which war might be made altogether impossible for the future may well be worse than even war itself.
- F.A. Hayek in The Road to Serfdom
[Read more →]
Tags: hayek · michael krieger · road to serfdom132 Comments
[KR46] Keiser Report – Guillotines, Conspiracies & Social Fury!
May 27th, 2010 by
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Stacy Summary: We look at the scandals of guillotines and conspiracy theories, Fed rackets and capital flows. In the second half of the show, Max interviews Dr. Joern Berninger about the European “debt crisis”, when France was “technically bankrupt” on May 7, and about the China bubble debate. **UPDATE** – As Dr. B said, the fate of euro will depend on what China does.
Tags: joern berninger · keiser report · max keiser ·stacy herbert87 Comments
Despite ZIRP & Fiscal Blitz, US Money Supply Plunges by 9.6 Percent
May 27th, 2010 by
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Stacy Summary: Yikes. Deflation. Depression. And, you know what comes next. “The stock of money in the US fell from $14.2 trillion to $13.9 trillion in the three months to April, amounting to an annual rate of contraction of 9.6pc”
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From MaxKeiser.com Images |
Chart from Shadowstats
Tags: deflation · depression · stimulus · zirp72 Comments
[RT Vid] Michel Chossudovsky – The Cure Will Kill Us
May 26th, 2010 by
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Stacy Summary: Michel Chossudovsky on: austerity measures; volatile currencies; solutions as the cause of further collapse; attacks on the euro; war against savings with zero interest rates; increasing rates of poverty; crisis has not yet reached its climax; the current crisis far surpasses the Great Depression; and the Long War.
Tags: euro great depression · michel chossudovsky · rt video · zirp96 Comments
Having Invented the Next Atomic Bomb & Explaining the Danger to Salmon
May 26th, 2010 by
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Stacy Summary: The discussion/debate continues! I notice that most of the comments on Joe Weisenthal’s piece support Max’s side of the argument; just sayin’ Joe . . .
- The Creator of Movie Futures Thinks He’s Invented Next Atomic Bomb, Here’s Why He’s Wrong
- Explaining the Danger to Felix Salmon
Tags: felix salmon · joe weisenthal · max keiser · movie futures55 Comments
Felix Salmon Questions the Max Keiser U-Turn
May 25th, 2010 by
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Stacy Summary: I’m going to have to refer Felix Salmon to our Keiser Report episode where I ask Max this from 15.34
Tags: felix salmon · hsx · max keiser90 Comments
[KR45] Goldman Sachs, Undeclared Enemy of the State
May 25th, 2010 by
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Stacy Summary: We look at the scandals of naked short selling, supplementary liquidity providers and the conspiracy of banks. And we also mention the financial terrorist playing cards. In the second half of the show, Max interviews Jim Rickards about naked short selling and overwhelming the specialist system, Wall Street banks undermining Greece and Goldman Sachs as an undeclared national enemy. (**UPDATE** – Below is a jibber jabber thread for the latest market carnage).
Tags: goldman sachs · greece · jim rickards · keiser report · max keiser · naked short selling · stacy herbert123 Comments
Another Belly Flop (Tues)day Jibber Jabber
May 25th, 2010 by
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Stacy Summary: Haven’t had a jibber jabber thread, but I see that markets continue in crash mode, so, alas, here is a thread dedicated to the wreckage. And, for those that missed it, ‘belly flop’ is @marietta’s word for ‘tumbles,’ ‘plunges,’ etc . . . all of which are overused at this point.**UPDATE** – Fed rumored to be re-opening CPFF emergency program; info here on CPFF program**UPDATE** – THREE TWO ONE MINUTES TO OPENING. OPEN . . . still in freefall in this opening air pocket . . . Wee . . . roller coaster going up, up, up . . .
Tags: markets tumble · sell off30 Comments
Slate.com – Max Keiser’s Dangerous Financial Weapon Invention
May 25th, 2010 by
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Stacy Summary: More coverage of box office futures . . .
“Keiser, unlike [Robert] Oppenheimer, didn’t have access to atomic bombs. His lethal weapon is more the financial kind, and after a long hibernation it has become the root of this year’s biggest controversy in Tinseltown: an exchange on which traders could bet on the performance of movies.”
Tags: box office futures · hsx · max keiser · michael burns · robert oppenheimer · slate.com90 Comments
Goldman & Their Ilk, Undeclared Enemies of the United States
May 24th, 2010 by
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Stacy Summary: Clip from tomorrow’s Keiser Report.
Tags: goldman sachs · jim rickards · keiser report ·undeclared enemies160 Comments
How the CIA Got the World to Buy American
May 24th, 2010 by
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Stacy Summary: Very interesting study.
How did the CIA persuade these friendly governments to “Buy American”? A pair of additional analyses in the study provide some answers. First, the researchers find that the boost to imports came from CIA operations that helped to install or maintain U.S.-friendly dictatorships—it seems that the will of the people in democracies was effective in counteracting CIA influence. So U.S. exports didn’t benefit from “softer” interventions like the ones in postwar Japan or failed attempts at regime change, as in Syria, for example. (This may explain why CIA operations so often promoted dictatorships at the expense of democracy, a finding that a subset of the same authors report in a separate study.) Further, the authors report that the CIA-produced increase in U.S. imports is greatest for countries with government-dominated economies. It’s not that dictators were foisting U.S. toasters or microwaves on their people. Rather, U.S. interests were served primarily through the export of American-made power plants, fighter planes, and other government purchases.
Tags: buy american · cia21 Comments
Murdoch Owned Paper Introduces UK’s New Political Elite . . . Half of Whom Work(ed) for Murdoch or Are Married to Someone Who Works For Murdoch
May 24th, 2010 by
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Stacy Summary: Well, not quite half, but over and over you will read that someone in the ‘new elite’ once worked for either the Times or News of the World or are currently married to someone who works for Times. Anyway, a very delightfully sickening read for you . . .
Tags: lib-con · new establishment · UK18 Comments
Palin Accuses Obama of Being in Bed with Big Oil
May 24th, 2010 by
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Stacy Summary: Ahhhh, okay, I’ve stopped laughing so much that I was unable to post this until now. I’m not 100% sure this isn’t, in fact, actually Tina Fey or The Onion, but if so, it’s a good one.
“I don’t know why the question isn’t asked by the mainstream media and by others if there’s any connection with the contributions made to president Obama and his administration and the support by the oil companies to the administration,” she told Fox News Sunday.
Tags: big oil · obama · palin110 Comments
Spreading Oil, Selling Off Oil
May 24th, 2010 by
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Stacy Summary: Wonder what all these bankers are going to do with the dozens and dozens of tankers off the coast of UK and other parts of Europe waiting for buyers . . . . ?
- Hedge funds sell oil at fastest pace in 8 months
- Oil from Deepwater Horizon leak begins to enter loop current
Tags: deepwater horizon · hedge funds · oil · oil slick85 Comments
Israel Offered to Sell Nuclear Weapons to Apartheid South Africa
May 24th, 2010 by
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Stacy Summary: Wonder if there will be a Security Council resolution on this. Ha ha ha ha. Just joking.
- Israel ‘offered to sell South Africa nuclear weapons’
- Revealed: Documents that prove Israel tried to sell nukes to SA
Tags: israel · nuclear weapons · south africa22 Comments
[Sunday Video Club] Ain’t No Sunshine
session, I hope you enjoy this . . .
guest Post: Jamie Dimon and Wall Street Pathology
May 23rd, 2010 by
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As many people now understand, Wall Street is a monopolistic cartel that thrives on putting the rest of the nation and much of the world in debt (article on Wall Street and the Bankruptcy of America) and controlling all money in the system (video: The Rise of Financial Empire). It has structurally lived as a parasite on the United States for a century. It seemed like a symbiotic relationship for a long time, but it is now clear that it took over the host and now has nearly reached the point of killing it. Such a parasitic structure is fundamentally pathological, one could say immoral (article on Usury), and pathological structures naturally attract pathological personalities (article on Wall Street Narcissism). Here’s a recent case study: [Read more →]
Tags: damon vrabel · jamie dimon · jpmorgan ·pathology95 Comments
After the Flood of Debt & 90% Pure Carbon Trading Fraud
May 23rd, 2010 by
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Stacy Summary: In my mind, the story of debt ‘crises’ in cities across Europe is really as much a story about fraud as the carbon trading.
- Ninety percent of market volume of carbon trading in some EU countries is based on criminal activity
- After the flood: European cities on the edge of a debt crisis
But however bad it gets, Despite ballooning deficits, European regions and cities can expect the state to bail them it: hence they are not expected to follow counterparts in the US, where municipalities bear all of the financial responsibility.
[1129] The Truth About Naked Short Selling – Resonance FM – 22 May 2010
May 22nd, 2010 by
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Stacy Summary: Good morning, good afternoon, good evening, y’all.
Fore more download & listening options, visit Archive dot org
Tags: 104.4 FM · london · resonance fm · the truth about markets178 Comments
[OTE55] On the Edge with Gerald Celente – 21 May 2010
May 22nd, 2010 by
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Stacy Summary: On the Edge with Gerald Celente
Tags: gerald celente · max keiser · On the Edge127 Comments
CSI: FINANCIAL TERROR – Starring Max Keiser
May 22nd, 2010 by
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Stacy Summary: Mish covers the House Committee on Homeland Security.
Tags: david degraw · homeland security committee ·max keiser · mish shedlock72 Comments
Rigged Outrage and Sharpened Guillotines
May 22nd, 2010 by
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Stacy Summary: Do you think the latter headline will prevent the former?
- Schama: Are the Guillotines Being Sharpened?
- Cramer: Even I am Outraged at How Obvious This Casino is Rigged!
Tags: cramer · guillotines · ppt · simon schama32 Comments
Rigged Market Roller Coaster – Capping Energy Speculation & Forecasting the Loonie & AUD
May 21st, 2010 by
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Stacy Summary: Weeeeeeeeeeeehhhheeeeeeee!
- CFTC Poised to Cap Energy Speculation
- AUD/USD Roller Coaster Ride
- What about the Canadian & Australian Dollars? (Mish)
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From MaxKeiser.com Images |
Tags: australian dollar · cftc · energy speculation ·loonie186 Comments
Guest Post: A Time to Speak Out
May 21st, 2010 by
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Come writers and critics
Who prophesize with your pen
And keep your eyes wide
The chance won’t come again
And don’t speak too soon
For the wheel’s still in spin
And there’s no tellin’ who
That it’s namin’.
For the loser now
Will be later to win
For the times they are a-changin’.
- Bob Dylan
Carl Quintanilla: Futures were down 30 now down 175.
Joe Kernan: These pictures (Greece) aren’t helping.
- This morning on CNBC
The technetronic era involves the gradual appearance of a more controlled society. Such a society would be dominated by an elite, unrestrained by traditional values. Soon it will be possible to assert almost continuous surveillance over every citizen and maintain up-to-date complete files containing even the most personal information about the citizen. These files will be subject to instantaneous retrieval by the authorities. [Read more →]
Tags: cnbc · martin armstrong · michael krieger ·Zbigniew Brzezinski45 Comments
Drop Dead Economics, Billion Dollar Goldman ‘Goalposts’ & the Fate of the Free World
May 21st, 2010 by
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Stacy Summary: Good morning, y’all. Hope you are enjoying the currency roller coaster? And have you noticed the Canadian dollar???? At 1.07??
- Drop Dead Economics (Michael Hudson)
- Goldman Settlement May Hinge on How SEC Justifies Penalty
- Fate of Free World Hangs on German Vote
Tags: drop dead economics · german vote · goldman sachs · sec77 Comments
Guest Post: Wall Street Threatens Washington as Financial Reform Vote Approaches
May 20th, 2010 by
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Naked shorting is illegal in the US, and for very good reasons. On a larger scale, it is used for price manipulation, and is the equivalent of counterfeiting. The removal of theuptick rule by the SEC on July 6, 2007, which had been created in 1938 as part of the New Deal regulatory reforms, cleared the way for its more heavy handed uses and control frauds. [Read more →]
Tags: financial reform · jesse's cafe americain · naked short selling141 Comments