7 Jun 2014

ECB Rate Cuts and Market Rigging + The Rise of Gold - Max Keiser and Stacy Herbert with Alasdair Macleod

liarpoliticians: Max Keiser and Stacy Herbert look at recent events like the European Central bank (ECB) cutting interest rates to negative percentage, and other market manipulations.

Apartheid Israeli Regime Founded On Terrorism

The Israeli regime has its roots in terrorism with its first leaders being members of terrorist organizations.
Orwellian UK BANNED Press TV: In an interview with Press TV on Saturday, James Thring said Israel labels the Palestinian movement, Hamas, as terrorist while the regime itself was founded on terrorism.
“They (Hamas) are labeled as terrorists, but then let’s face it ... Israel was founded on terrorismall three of the first prime ministers were terrorist members of Irgun, Haganah (Zionist paramilitary organizations) and other terrorist organizations,” Thring said.
Commenting on Israel’s settlement activities, the analyst said Tel Aviv’s expansionism is  illegal under the Geneva Convention, adding that it also constitutes an act of war crime against Palestinians.
“It is actually defined as a war crime to move the occupier’s population into the occupied land. So, Israel is committing war crimes every day by moving people of their ilk into Palestinian territory,” Thring said.

The Biggest Policy Mistake of the Great Recession

By David Dayen: The popular conception of the Great Recession explains that it stemmed from a financial shock. Housing prices stopped going up, and then Lehman Brothers fell, triggering paralysis in the credit markets. This spilled onto Main Street, and the effects still linger in terms of elevated unemployment and sluggish economic growth.
But this history of the recession can’t be right, say two economics professors who have studied the data. In their new book House of Debt, Amir Sufi of the University of Chicago and Atif Mian of Princeton point out that consumer purchases dropped sharply well before the September 2008 Lehman bankruptcy, and most deeply in places where home prices fell the most. They found that steeper declines in net worth — many homeowners were completely wiped out by falling home prices — led to far sharper reductions in consumer spending, and bigger job losses. But even those with no debt suffer when fire-sale foreclosures drop home prices, and lower overall demand spreads out across the country.
By reviewing other economic downturns, Mian and Sufi discover two recurring features: a buildup of household debt before the crash, and an extreme decline in consumer spending afterward, as households cut back, hoarding money to pay off those scaled-up debts. The normal channels of fiscal and monetary policy have difficulty dealing with highly leveraged household balance sheets. House of Debt correlates these features of recessions, and really targets debt as the core problem, arguing that it needs to be restructured during crises and prevented during better times.

Feminists Need To Stop Hurting Children

Feminism LOL: Toxicity knows no bounds when it comes to feminists raising children. If you care about the future you must take a stand against feminist parenting.

Genocide Watch: Interview with Adam Jones, Ph.D

Victor Zen: Adam Jones is the Executive Director of Genocide watch and an advocate for both men and women globally.

Domestic Violence Symposium - Erin Pizzey

Sandman: Hi Everyone Sandman Here, Today I had the privilege of shooting a video of Erin Pizzey at the first Toronto Domestic Violence Symposium. There were many speakers and I got lots of great talks that I will be sharing over the course of the following week. I also had the pleasure of meeting Erin Pizzey in person and speaking with her. She told me that women in Los Angeles are terrified of men going their own way and she completely supports our movement. She even mentions MGTOW at then end of this talk. So enjoy the video. Cheers!

GLOBALISM: Every Major Power Is Now In Deceleration Mode And None Of The Solutions Have Worked.

By John Ward: As predicted here during February, May is but a few days behind us, and already Hillary Clinton is distancing herself from Barack Obama’s various policy boobs. She has also – as I recorded here and elsewhere – been of the view that “all economic bets are off after May” for some time: before that materialises, she will gamble, coming out against neoliberalism and the banks harder than previously.
In the meantime, Clinton has told the media she was wrong to support the Iraq invasion (thus not a closet GOP-girl) and said she openly disagreed with the President’s Syrian policy. She’s quite right in thinking that these moves will differentiate her from any Republican candidates, and put clear water between her and the Obama  years.
The word I’m getting is that Hillary is still firmly of the view that the recovery sham is running out of road both here in Europe and over there in the USA. And this is the bit that still intrigues me: who does she talk to in order to arrive at this obvious conclusion? The S&P 500 is still rising, and of late there has been yet more drivel around about ‘permanent measures’ to keep things on the rise.
That can’t be done, but Draghi’s move to ECB negative interest rates means banks are encouraged (almost forced) to lend more to business…..and so this too is being talked up by the usual suspects. It is beyond belief, but then so were the South Sea Bubble and Million-guilder tulips.

Urine Trouble Now - Employee Evaluation

Nates Vlogs: In this video I evaluate a young lady who thinks pissing her pants is funny and a spiritual healer named Braco

Selling Your European Stocks Before Everyone Sees This Chart?

By Wolf Richter: Flogging savers until morale improves, that’s how ECB President Mario Draghi is going to fire up the economy in his bailiwick. Among other things, he announced that the ECB would lower key interest rates from nearly nothing to next to nothing and impose negative deposit rates on the reserves that banks stash at the ECB.
The goals beyond destroying savers? Hammering down the euro, but given the efforts by the Fed, the Bank of Japan, and others to hammer down their own currencies, it’s going to be a slog. And motivating over-indebted companies to borrow even more to invest for worthy projects that don’t exist – because if they existed, banks would have gone after them, awash in liquidity as they are.
Savers are going to pay. Prudent behavior is precisely what current monetary policies are trying to stamp out. But savings used to be one of the drivers of real economic growth. Banks would lend that money to be used building a plant or a house, financing inventories, etc., creating economic activity along the way. Banks would attract that money by paying savers some interest. They’d then lend it out at a higher rate. The difference would be the compensation for their role as intermediary and for shouldering the risk of the loans. Now that banksters can get their money from central banksters for free, savers have become the universal punching bag of monetary policy.

Max Keiser Live At The Casa

38jodo: Some extracts from Max Keiser's extraordinary performance at The Casa in Hope Street Liverpool on May 30th 2014. A poor substitute for the show itself, but this video may give some idea of it. Its disjointed and at times somewhat incoherent quality is partly a result of the necessity of editing the material...

The Perils Of Our Growing Inequality

"How the rich benefit from the tax system free lunch, about all the subsidies that nobody had ever heard of that go to rich people and corporations, about restraint of trade, monopolies. ...how did this come about? Partly there is a political answer in who we elected, a lot of it is structural things. ...Family structure, leave policy, health policy, public health, incarceration. ...America has become the most unequal of all modern countries."  David Cay Johnston.
INETeconomics: Institute President Rob Johnson interviews David Cay Johnston about his new book, Divided: The Perils of Our Growing Inequality.