19 Jun 2012

Elite Losers & Heroes of Fraud - Max and Stacy Herbert with Moncef Cheikhrouhou

Max Keiser and co-host, Stacy Herbert, discuss whether elites are failures and losers or whether they are acting in show trials while wearing Presidential seals of approval. They also review Bloomberg's lawsuit seeking evidence of tacit collusion between the EU and Greece regarding Goldman Sachs' swap deals to hide its debt. In the second half of the show Max talks to economist, professor and Member of Parliament in Tunisia, Moncef Cheikhrouhou, about building real economies so that the next generation will inherit olive trees not debts. Source 

Greek Theater Double-Feature: A Farce and a Tragi-comedy

Charles Hugh Smith: The "narrative" of Greece is simple: no entity, be it a household or nation, can live beyond its means indefinitely.
Imagine a ship with 100 passengers and crew drifting down a river that eventually cascades over a 1,000 foot waterfall. It's easy to plot the ship's course and the waterfall ahead. You might think 100% of those onboard would agree that something drastic must be done to either reverse course or abandon ship, but before we jump to any conclusion we must first identify what each of the 100 people perceive as serving their self-interest.
If life onboard is good for 55 of the 100, they may well rationalize away the waterfall dead ahead. Indeed, they might vote to maintain the current course, thus dooming the 45 others who can hear the thundering cascade ahead but who are powerless to change course in a democracy.
This is the "tyranny of the majority" feared by some of the American Founding Fathers. I cannot locate reliable statistics on what percentage of the Greek population is dependent on the State for a paycheck, entitlement, retirement, disability, unemployment, etc., but I suspect the number exceeds the full-time private payroll of that nation. It seems likely that the number of voters in Greece who draw a check or benefit from the State exceeds the number of privately employed voters whose perception of self-interest is radically at odds with continuing State borrowing to fund the Status Quo.

"Bombed by our own ally.. Record through the roof corruption in Pakistan" Imran Khan -The Julian Assange Show

No country has ever been bombed by its own ally, like Pakistan has been bombed by the US, Pakistani politician Imran Khan tells Julian Assange. He says it is time to put an end to the US-Pakistani 'client-master' relationship. ­In the ninth episode of his show, Julian Assange talks to Imran Khan, whose political party was ignored for years and which US State Department cables called "Pakistan's one-man party." Source

IMF Banksters Rape Europe for Another $456 billion for "crisis firewall" (our own good)

AFP - IMF chief Christine Lagarde (pictured below) said on Monday that member states had promised a total of $456 billion (361 billion euros) for its new crisis fund, $26 billion more than a target set in April.
China, which had held back on how much it would offer for months, will contribute $43 billion, according to the IMF.
"With today's announcements by an additional 12 countries, a total of 37 IMF member countries... have joined this collective effort, demonstrating the broad commitment of the membership to ensure the IMF has access to adequate resources to carry out its mandate in the interests of global financial stability," Lagarde said.
"Countries large and small have rallied to our call for action, and more may join. I salute them and their commitment to multilateralism. As a result, total pledges have risen to $456 billion, almost doubling our lending capacity." Source

20 rules that can save you from the Doomsday Cycle

Paul B. Farrell: SAN LUIS OBISPO, Calif. (MarketWatch) — Yes, they predicted doomsday three years ago. Listen: “Over the last 30 years, we have built a financial system that threatens to topple our global economic order,” wrote Simon Johnson and Peter Boone. “We have let an unsustainable and crazy ‘doomsday cycle’ infiltrate our economic system.”
This doomsday “cycle will not run forever … The destructive power of the down cycle will overwhelm the restorative ability of the government, just like it did in 1929-31.” In 2008 “we came remarkably close to another Great Depression. Next time, we may not be so lucky.”

Great Latvia Success Story!

Austerity is here to save the day! Pull up those bootstraps and cut, cut, cut! (And maybe eat those bootstraps as well.) Source

THE NOC LIST: The 25 Most Dangerous People in Financial Media

Joshua M. Brown: Dangerous in a good way -- these are the financial media players who are making things very difficult for the establishment to maintain the status quo. Because we tried it their way, allowing the banks and other corporations to write the laws and make all of our decisions for us. Turns out, that's not true democracy or capitalism, it's something else entirely, and we've all had enough. These are the folks leading the charge to take it back  


Forget Greece, Watch China - Chris Duane

If you've heard Chris Duane's analysis of current events unfolding around the world, you know that he's had some startling insights that have proven amazingly accurate. The current acquisition of the LME (London Metals Exchange) by a Hong Kong group is simply a sign of the changing paradigm, Anglo-American to Asian. The elites as always can be found close by to these goings on. They're attempting to keep their power even as the balance of economic and military power shifts from West to East. How far this shift will be allowed to continue, or whether it can even be slowed or halted is the $100 trillion question. Right now the Elites have taken a beating and everything appears to be coming up China. But such trends can change in an instant, especially when you're dealing with people who've been running the world for centuries. (Sorry the video is gone. Let us know if it reemerges.)

UK activists name occupied building 'Palestine Place'

"To fight back against the ethnic cleansing of the Palestinian people." In the first two weeks of June, this abandoned building in central London was occupied. And renamed. Palestine Place. It's the heart of the Middle East, in the heart of London. Source

The V-J.J Song? "Hands Off My Clam" - Lisa Koch

Lisa Koch shares her thoughts on the War on Women. Contains the word "vagina" and other women's body parts... yup. Parody lyrics by Koch (to "Stand By Your Man" and "If I Only Had A Brain") Source

Request: May we have one for fathers who, on the social scale, are a least two steps behind women, and their V-J.J's. Oh no, I forgot, 'Dolly' already did the original condescending version "Stand by your... just a man."

Stop Dictator Obama Contest!!

In order to focus attention on the dictatorial and imperial presidency of Obama, Alex Jones and the Infowars team have decided to launch a contest.

Taking cues from the successful Obama Joker contest we held in 2009, the new effort will use posters strategically placed in lawful public commons areas to convey the obvious -- the globalist puppet Barry aka Barack Obama is a tyrannical dictator who has willfully and continually violated the Constitution and betrayed the trust of the American people. Because a lickspittle corporate media has virtually ignored the significance of Obama's treason, we believe it is crucial to raise awareness with a new poster campaign.

How to Save Your Money And Your Life - Doug Casey

by Doug Casey of Casey Research
I think there are really only two good reasons for having a significant amount of money: To maintain a high standard of living and to ensure your personal freedom. There are other, lesser reasons, of course, including: to prove you can do it, to compensate for failings in other things, to impress others, to leave a legacy, to help perpetuate your genes, or maybe because you just can't think of something better to do with your time.
But I'll put aside those lesser motives, which I tend to view as psychological foibles. Basically, money gives you the freedom to do what you'd like – and when, how and with whom you prefer to do it. Money allows you to have things and do things and can even assist you to be something you want to be. Unfortunately, money is a chimera in today's world and will wind up savaging billions in the years to come.
As you know, I believe we're into at least the fourth year of what I call The Greater Depression. A lot of people believe we're in a recovery now; I think, from a long-term point of view, that is total nonsense. We're just in the eye of the hurricane and will soon be moving into the other side of the storm. But it will be far more severe than what we saw in 2008 and 2009 and will last quite a while – perhaps for many years, depending on how stupidly the government acts.