Keiser Report: Financial Narcissism (E428)
“In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss concern trolling the gold market and George Osborne threatening the working class with a cut in the minimum wage. They wonder aloud whether or not it was too much debt or too much working class income that caused the UK and global economies to collapse. In the second half of the show, Max Keiser talks to Simon Rose of SaveOurSavers.co.uk about the ‘Nicosian beheading’ of UK savings that has been confiscated through quantitative easing by the Bank of England.”
“Calling that growth when there’s no job growth, there’s no wage growth, there’s no GDP growth.”
12m40s “220 billion pounds has been lost by UK savers in 4 years alone.”
14m15s “It’s decapitalising the country.”
Start some of your saving with bitcoin, screw the fiat currencies.
In Spain, The Bitcoin Run Has Started (2013-03-20)
How Bitcoin Will End the Nation State – Jeffrey Tucker
7m25s “Nobody knows what the Fed is doing, everybody knows what bitcoin is doing.”
9m25s “It’s a little strange for us because we’re not used to a currency that grows in value as versus one that shrinks in value.”
14m10s “The biggest problem with paper money is that we’re not in charge iof it, somebody else who owns it. Half of every economic transaction is being managed for us by people we don’t know, people who have unbelievable amounts of power over our lives.”
Why Bitcoin Is Poised To Change Society Much More Than The Internet Did
“There is no central bank. This is a revolutionary concept. People can trade cash at a distance without going through an intermediary.”
Bitcoin Report Volume 37 (Bitcoin Myths)
Another Case of Mass Deception? Non-existent WMD in Iraq & the Kosovo massacre that never happened
“Where are the bodies? Was the other big war of the last decade, Kosovo in 1999, triggered by bogus allegations as well? Another case of mass deception?”
“In Iraq, it’s the missing mass weapons of destruction. In Kosovo, it’s the missing mass graves.”
“In alleged ethnic cleansing exercises by Serbian leader Slobodan Milosevic, as many as 100,000 to 200,000 civilians were said to have gone missing or been killed in Kosovo, many of them buried in mass graves. Members of a Canadian forensic team to the Serbian province have come forward to label the numbers nonsense. No mass graves, they say, and, on both the Albanian and Serb sides, only a few thousand dead. A mockery of the numbers used to justify the war.”
Ditto with Libya.
Ditto with Syria.
‘Illegal we do immediately; unconstitutional takes a little longer’: Kissinger in new mass WikiLeaks document release
Aerial Footage of Arkansas Exxon Oil Spill
11 More Children Killed in US Airstrike in Afghanistan
Blockbuster Lawsuit: Whistleblower Alleges Reuters Releases Data Early to HFT Clients
“In the lawsuit, filed on Wednesday in Manhattan federal court, Mark Rosenblum said he was terminated after telling U.S. authorities that the Thomson Reuters/University of Michigan Surveys of Consumers was released at different times to different subscribers.”
“Rosenblum said in his court papers that Thomson Reuters releases the monthly survey to so-called “ultra low-latency” subscribers at two seconds before 9:55 a.m. ET, to “desktop” subscribers at 9:55 a.m., and to the general public at 10 a.m.”
Two-second criminals, two-second financial terrorists.
Thoroughly, thoroughly, thoroughly destructive.
Investing in markets where s**t like this goes is like having a gun you think is unloaded pointing at your head and pulling the trigger at which moment you find that there was a bullet in the chamber.
Kyle Bass: “Japanese Retirees Will Lose Up To Half Of Their Life Savings”
“9:00 – “The insidious nature of a runaway inflation is that it bankrupts the middle class… the poor stay poor, the middle class (with savings in the banks) get wiped out, the wealthy (with productive assets) do the best””
Caught In The Cyprus Crossfire: Small Businesses Suddenly With Zero Cash
ACS BEST INTERVIEW EVER, CYPRUS AFTERMATH, CONTAGION, CRISIS & MORE – Art Cashin
The euro zone is already dismembering itself with the things being imposed on Cyprus.
ATM withdrawals limited to 100 euros.
Payments with credit card being refused by Cypriot
Restrictions on wire transfers from Cypriot banks.
The financial system in Cyprus has become dysfunctional so what is there left to be saved.
Portugal Considers Paying Public Workers In Treasury Bills Instead Of Cash
30,000 Greek Households Lose Electricity Each Month
Your Kids Don’t Belong To You
“Once it’s everyone’s responsibility, and not just the household’s, then we start making better investments.”
A human being is not an end in itself, it is an investment unit.
Who should tuck a child into bed at night ? One of the child’s two parents or someone else from the community ?
Who should comfort a child when they band their knee ? One of the child’s two parents or someone else from the community ?
Who should feed and cloth a child through their childhood ? One of the child’s two parents or someone else from the community ?
That was a trailer for a new Sci-fi horror movie, right?
Pink floyd’s meat grinder of “another brick in the wall” comes to mind.
Who will be in charge of the collective, eh ?
And any of the collectivised drones who have any ideas for the collective will be told to shut up.
We are all so f**king stupid that we must have our decisions made for us.
How They Will Steal Your Retirement
“The recent ditty on how ”nobody needs more than $3m for retirement”, defined as “whatever you need to get a $200,000 annuity”, is just one facet of how this will play out.”
Suppose you want to pass on something to your children ?
Critical thinking gone missing – worldwide
“In it he demonstrated, among other things, that most Americans were: (1) ignorant about major international events, (2) knew little about how their own government runs and who runs it, (3) were nonetheless willing to accept government positions and policies even though a moderate amount of critical thought suggested they were bad for the country, and (4) were readily swayed by stereotyping, simplistic solutions, irrational fears and public relations babble.”
This is why the USA is going down the tubes unless Americans getting their head out of their arse.
Iran has to convince the world it is not after the A-bomb – Kerry
“Kerry has to convince the world he is not planning on cheating on his wife. – Iran”
“See how silly that line of reasoning is?”
Sprott: Why SocGen Is Wrong About Gold’s Imminent ‘Demise’
“While we expect the Fed to continue to threaten to lower its monthly QE purchases, we believe the chances of even a mild decrease to its current US$85 billion per month rate are negligible. Four years into it this grand QE experiment, money printing has become the backbone of the US bond market, and the unsung driver of the US equity market. In our view, gold cannot become irrelevant for the precise reason that QE is here to stay… and the collective central bank balance sheets will continue to increase over time. We would question any pundit who believes otherwise – unless they can clearly articulate how the Fed can exit QE without causing irreparable harm to the very financial markets the QE programs were designed to assuage.”
Friday Humor: “JP Morgan Has Insurance To Cover Custody Of The Metal”
That sound is my hand hitting my forehead.
US Macro Data Plunges Most In 10 Months
People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Levels
Sinclair – This Will Create The Mother Of All Financial Crises
“So if Cyprus is used to take depositors’ money, that’s a key change. If this is in fact the new strategy, then in a very short period of time you are going to see that all of the money put into the financial system from 2008 forward has been wasted. The Chairman’s effective resignation, by failing to stand for reappointment, would indicate he sees all of his efforts have been destroyed by the IMF’s ‘Cyprus Solution,’ and this will be a key signal that the end is at hand.””
Obama Proposes Retirement Account Limit In First “Wealth Tax” Salvo
“according to the Obama administration it is only fair to spend a total of $205,000 in nominal dollars per year on retirement, but not more.”
To ‘save the children’ no doubt.
Pension Funds Can Be Reduced in Bankruptcy
Is It Time To Sell Your Gold?
Acute Gold Shortage Reported In Southern India
FM: France to Keep Troops in Mali ‘Permanently’
Mali has a wealth of gold deposits, go figure. The gold to be repatriated to Germany over the next 7 years have to come somewhere because there hasn’t been an audit of the gold at Fort Knox, West Point or the New York non-Federal non-Reserve.
Happy 80th Birthday to Gold Confiscation
Europeans slammed by austerity measures now enraged by political corruption
“A wave of corrosive political scandals at a time of economic woe is exacerbating the outrage of European citizens, who are channelling resentment into street protests or at the polls.”
“Italy, Spain and Greece have all been hit by fraud or graft cases allegedly involving the top brass. France joined the ranks of scandal-hit nations this week after its former budget minister was charged with tax fraud.”
““Everything is coming together to reinforce populist theories — the theory that ‘they’re all rotten’,” said Eddy Fougier, a researcher at the Paris-based IRIS think tank, which analyses international issues.”
We are being drowned to death by a sea of corruption.
Sinclair – Stunning Shift In US Government & Fed Gold Policy
“Gold is no longer the enemy of the dollar. It might in fact be what saves it. Eric, I have been talking to you about the Western suppression of the price of gold, and while that may last for a little while longer, I suspect that time period has now in fact come to an end.”
“What you are going to see now, and what the gold community doesn’t understand, is that the Fed and the West are now going to encourage the price of gold to go higher.””
$700mn aid after Hurricane Katrina did not go to poor: American activist
“We saw the same thing in Los Angeles following the Northridge Earthquake. The vast majority of the FEMA money went to build a new FEMA command post underneath the northeast corner of Griffith Park, and the rest went into the rich neighborhoods to fix the mansions of politically connected 1%ers. We had people in our neighborhood (middle class) who lost everything and never saw a penny of assistance.”
Cheney’s Halliburton Made $39.5 Billion on Iraq War
Obama: ‘I Am Constrained By A System That Our Founders Put In Place’
“constrains his ability to tackle gun control. He’s right — that’s how it was designed.”
February 28th, 2013. Ten to twelve thousand Patriots assembled at the New York State Capitol at Albany. This is what happened
36m35s “They’re talking about an amendment to the gun bill, they want to exempt the Hollywood elite.”
54m20s “Last year in New York how many homicides were committed with a rifle ? Five.”
You will not see the awakening on the whore corporate news media.
Security of a free state vs confiscation of everyone’s private property
After Gun Control, What’s Next, Knife Control?
ACLU: Gun Control Bill Threatens Privacy Rights and Civil Liberties
Remarks by the President at a DCCC Event — San Francisco, CA
“make sure that we don’t have another 20 children in a classroom gunned down by a semiautomatic weapon”
Never mind the million Iraqi children killed by the medical sanctions of the Saddam era.
Backfire on Obama – Gun Control
“How many Americans have applied for a background check since the day Obama was inaugurated?”
“Go on. Guess.”
“The answer: over 70 million.”
That’s 20% of the American population.
Obama Claims That Government Tyranny is Impossible, Because “Government is Us”
The American people have a 10% approval rating of Congress. Not an ‘us’ rating is it ?
Triple Lutz Report #252 – The Continuing Obamacare Meltdown
“Just when you thought it couldn’t get any worse, it is. Seems the lazy bureaucrats have a real problem on their hands. There’s just not enough time to figure out the 70,000 pages of Obamacare regulations. This means that implementation has hit a real roadblock, which is good for you and good for America. How Congress will choose to fix this problem is anyone’s guess, but I expect thst it will never see the light of day. The program is going to be dropped and forgotten as soon as possible. So get ready, you heard it here first.”
You read that correctly, 70,000 pages.
How anything with that much of paperwork will not be anything but a complete nightmare for the typical American is beyond me.
GLOBAL FINANCIAL ALERT – RACE AGAINST TIME TO PREVENT BANKSTERS’ PLAN TO TRIGGER MELTDOWN
“Central bankers secretly stockpiling gold through third parties in anticipation of euro collapse”
“Greek assets – even whole islands – being secretly sold off to pay troika”
“Check for $300 million signed by CEO of major bank is used to defraud global gold reserves”
“United Bank of Switzerland selling US dollars at 20% discount in preparation for collapse, while UBS bonds are discounted more than 30% in global trade, as banksters try to dump fast for cash now”
“Cyprus theft of savings accounts was test run, coming soon to a bank near you”
“How Neil Keenan and the Alliance intend to prevent oligarchy’s plan for financial chaos”
“Forces are now in motion to prevent this final dark plan from succeeding. The cabal’s desperation is palpable. It’s every man for himself, as the once monolithic Illuminati becomes merely a pack of vicious thieves – which is all they ever were in fact – fleeing from the justice they thought they would never face. Meanwhile, the pressure on them increases daily as the avenues of escape are closed off one by one. And military, militia, and intelligence cooperation is poised to make the long-awaited final sweep of the cabal power structure.”
“The cabal’s strategy down through the ages has always been the same: “out of chaos, order.” They create the chaos, and then impose an ever more oppressive “order,” in order to degrade free human beings into debt slaves. They lived by their twisted version of The Golden Rule: ”he who has the gold makes the rules.” They amassed the gold reserves now known as The Global Collateral Accounts on the pretext of removing the cause of war (while slaughtering millions in a series of gold-theft wars). In a century-long struggle, they succeeded in subverting their greatest enemy – a free American republic – into the bankster-controlled U.S.A., Inc., via their secret ownership of the Federal Reserve System. They triggered the Great Depression so they could buy America for a song while outlawing private ownership of gold. The final phase of their grand strategy called for their rulership over a post-Armageddon remnant of mankind. These plans have now fallen apart, and their grand goal of ultimate dominion has been reduced to a desperate struggle for survival.”
REALIST NEWS – America will fall just like history says will happen
10m20s “You’ve been rigging the energy markets – pay this little fine. You’ve been rigging the wheat market – pay this little fine. You’ve been rigging the cotton market – pay this little fine. You’ve been rigging the corn market – pay this little fine. Not once is it you are no longer allowed to participate in the markets, you’re done. You’ve been warned enough, paid enough fines, you’re finished JP Morgan, get the hell out of here.”
21m35s “This is how revolutions are started. When the banking elite do the same that they’ve always done in the past, which is to wipe out the wealth of the world or particular country at a time.”
22m5s “When they come to the realisation that this was orchestrated against them, that’s when the revolution starts. But that’s also when the King at the time already had this little private army kind of on standby.”
This guy goes on an EPIC rant on the criminality.
When you consider that JP Morgan offers secured loans to producers of energy, producers of wheat, producers of cotton, producers of corn then they can foreclose on real assets when these guys default on these secured loans in direct consequence of the price rigging.
In times gone by these crimes would have seen the criminals PUT TO DEATH.
Babylon 5 – S3E10 Severed Dreams We Fight or We Surrender
3m25s “I promised Delenn that would draw a line against the DARKNESS no matter the cost.”
Our DARKNESS is our above-the-law ELITE.
Babylon 5 – S3E10 Severed Dreams Babylon 5 Declares Independence
1m15s “President Clark has violated the Earth Alliance constitution, by dissolving the Senate, declaring martial law and personally ordering the bombing of civilian targets on the Mars colony. He is personally responsible for the deaths of hundreds of innocent people.”
1m45s “As of this moment Babylon 5 is seceding from the Earth Alliance. We will remain an independent state until president Clark is removed from office.”
What else is there to do when the leader has committed crimes against humanity ?
President Obama is responsible for the deaths of thousands of innocent civilians killed by drone bombing, among them hundreds of innocent children. But, but, but … the drone bombing is for the children.