Saturday, June 30, 2012

On The Money: Euro Patient (ft. Max Keiser)

St. Petersburg Euro Panel – LSE CEO Xavier Rolet storms out in a huff (empty chair on right) after being challenged on his position supporting Goldman Sachs’ Greek Debt fraud.
Will the EU overcome the ongoing crisis and become a stronger political and economic entity? Who wants to be part of the eurozone? Will there still be would-be euro members if Greece exits the eurozone? On the Money's edition from the SPIEF has turned into a real TV debate where journalists, bankers and executives offer their vision of the EU future. Peter Lavelle is joined by Xavier Rolet, Jacob Nell, Ksenia Yudaeva, Erik Berglöf, Dariusz Jacek Krawiec, Dmitry Pankin, Ben Aris and Max Keiser. Source

Euro zone: the centralization battle rages on - Max Keiser with Catherine Austin Fitts

Max interviews Catherine Austin Fitts from Solari.com. She talks about the multiple debt plans; bailouts and funding facilities, attempting to hold the Euro zone together. Catherine Austin Fitts is the president of Solari, Inc., the publisher of The Solari Report, managing member of Solari Investment Advisory Services, LLC. Source

Barclays' Bad Bet - Max Keiser with Michael Krieger

Max Keiser and co-host, Stacy Herbert, discuss 'big boys' and carding crimes, marmite pots and Olympic has-beens, wash trades and perfect games. In the second half of the show Max talks to former commodities analyst and blogger, Michael Krieger, about the meaning of the escalating and blatant financial crime wave. Source

Big Banks Have Become Mafia-Style Criminal Enterprises

Banks Conspire to Fleece the Public

by WashingtonsBlog: Two stories this week prove once again that the big banks are literally criminal enterprises.
Initially, all of the big banks have engaged in Mafia-style “bid-rigging” of municipal bonds, to bilk money from every city in the nation … to the collective tune of tens billions of dollars.
And Barclays and other large banks – including Citigroup, HSBC, J.P. Morgan Chase, Lloyds, Bank of America, UBS, Royal Bank of Scotland – manipulated the world’s primary interest rate (Libor) which virtually every adjustable-rate investment globally is pegged to.




And see this. That means they manipulated a good chunk of the world economy.
Other recent stories also show criminal fraud as well. For example, the big banks have been cheating homeownersespecially veterans.
And as Max Keiser explains, banking giants Mellon and State Street shaved money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide:

Al-CIA-da Suspect: Captain Kirk Gets Groped by TSA

The American People Are Angry - by Senator Bernie Sanders

"The American people are angry," Sen. Bernie Sanders said in a major Senate floor speech today. They are angry that the middle class is collapsing because of the Wall Street-caused recession, they are angry that unemployment is sky high, that 50 million people lack health insurance, and that working families can't afford college for their kids. Meanwhile, the wealthy and the largest corporations are doing phenomenally well and now billionaires and their congressional friends want to balance the budget on the backs of the elderly, the children, the sick and the poor." Source

Show Me the Money: European Bailout Funds

Adam Johnson looks at the European bailout funds. Source

Tarpley: Turkey Continues Provocations Against Syria

Tarpley is the author of several books, including Obama: The Postmodern Coup - Making of a Manchurian Candidate and Surviving the Cataclysm: Your Guide Through the Worst Financial Crisis in Human History.  Source

Journey To The Economic Center Of The World



Tyler Durden's picture

The most recent decade of 2000 to 2010 has seen the fastest rate of change in the global economic balance in history. During this period, a recent McKinsey research article notes, the world's economic center of gravity has shifted by about 140km per year - about 30% faster than in the period after World War II when global GDP shifted from Europe to North America. The world’s center of economic gravity has changed over past centuries. But since the mid-1980s, the pace of that shift—from the United States and Europe toward Asia— has been increasing dramatically as China is urbanizing on 100 times the scale of Britain in the 18th century and at more than 10 times the speed. One has to wonder what the difference would be were it not for the flawed economic model adopted since the 1980s that relied on debt and asset price inflation to drive demand (as opposed to wage growth linked to productivity growth).

A Steineresque Esoteric Look At Technology - Alexander Barry

A conceptual look at technology from a very esoteric point of view.
An unusual piece for my channel.
Delivered by a very capable man who is dedicated to the understanding of the esoteric world.
He has been called a maverick genius: Alexander Barry has coined the word Technosophy to explain ... Source

Ron Paul's Hearing on Fractional Reserve Banking

"Fractional reserve banking underpins the entire banking system, yet its effects on society are completely ignored. Our financial system consists of vast amounts of credit pyramided on top of very small amounts of real savings-- all backstopped by explicit and implicit government guarantees. This poses significant risks to the stability of the economy and monetary system, which ought to give pause to any serious observer of financial markets. Hopefully this hearing will create a greater understanding among the American people about the nature of the banking system, and begin the movement towards serious systematic reform. The American people deserve a financial system that is stable and efficient; one that operates without taxpayer subsidies and bailouts."  - Congressman Ron Paul

Cyprus to assume EU presidency - Two suicides in two days: Greece sees social backlash of crisis

The weekend launch of the Cyprus EU Presidency got a two-tiered last-minute shot in the arm from the EU summit on Friday.