4 Aug 2012

Superstition Trading - Max Keiser, Stacy Herbert with James Howard Kunstler

Max Keiser and Stacy Herbert discuss artificial superstition, increasing the inflation target to 100% and suicide watch for the too big to fail banks. They also discuss HSBC's misselling of interest rate swaps and drug cartel money laundering. In the second half, Max interviews author and blogger, James Howard Kunstler of Kunstler.com, about walking on coal and waiting for Santa Claus with Paul Krugman's magical thinking. Source

When Did Sandy Weill Change His Mind About Too Big To Fail? And Why?

There were a great many fascinating moments in the now-legendary Squawk Box interview of former Citigroup chairman Sandy Weill, in which the creator of the Too-Big-To-Fail model told an astonished Andrew Ross Sorkin that it was time to break up the Too-Big-To-Fail banks. But one moment in particular flew under the radar:
SORKIN: But did this come to you in 2008, 2009, was there a conversation you had with someone, because this is a true revolution.
WEILL: Change. You know I think it is something I’ve been thinking about a lot over the last year and I wanted to really get my thoughts together before I said anything. But I think good things are simple and I think what I’m saying is very simple.
For the moment we can ignore the fact that Weill throughout the interview kept patting himself on the back for his "good thing" of an idea. (Although, if close attention is paid, one does get the impression that Weill sincerely believes he came up with the "break up the banks" idea on his own, and it’s almost like he’s preparing to take credit for it if it happens; this is just one of the many layers of delicious comedy that can be peeled back through careful re-examination of this interview). We can just call all that background noise for now.

US citizens: Pay attention to this

Bergen, Norway - I was sitting across from an impossibly blonde account executive this afternoon when I heard three words I never thought I’d hear at a foreign bank.
“Are you Greek,” she asked me with a bit of a smile…
me: “Uh, no. I have a US passport, among others…”
she: “OK good, as long as you’re not Greek.”
I couldn’t believe what I was hearing. Let me explain.
As you may know, US citizens have long been the world’s banking pariah thanks to a piece of remarkably stupid legislation called the Foreign Account Tax Compliance Act (FATCA).
FATCA was passed a few years ago as part of a greater US government effort to create jobs. And boy was it successful– thousands of new jobs were created as a result of the legislation. Unfortunately, most of the new jobs are for tax collectors.

Max Keiser: Occupy Bilderberg & Mainstream media with Alex Jones

In this edition of the show Max interviews Alex Jones form infowars.com. He talks about the Occupy Bilderberg movement and its mainstream media attention; What the mission is? Where does it go from here? Alex Jones is an American talk radio host, actor and filmmaker. Source

Harvard study: evidence shows ‘fluoride may adversely affect cognitive development in children’


By Madison Ruppert: Despite a history of the criticism of water fluoridation being characterized as “scare mongering via crazy water fluoridation conspiracy theories,” a study conducted by the Harvard School of Public Health (HSPH) and China Medical University in Shenyang, combining 27 other studies, “found strong indications that fluoride may adversely affect cognitive development in children.”
Hilariously, some actually go as far as to claim, “almost all health and dental organizations support the fluoridation of water or have found no association with adverse effects with water fluoridation,” which is clearly untrue.
The study, which was actually a systematic review of other studies, was published on July 20, 2012 in Environmental Health Perspectives and mostly relied on research from China.
The researchers focused on fluoride’s interaction with the developing human brain since public health experts have so far been unable to come to a consensus on the safety of fluoridated drinking water consumption in children.
However, it has been established that “extremely high levels” of fluoride cause neurotoxicity in adults. Furthermore, negative impacts on learning and memory have been found in rodent studies, much like high-fructose corn syrup.
While proponents of water fluoridation regularly like to claim that there is plenty of science backing up the practice, according to Anna Choi, lead author of the study and research scientist in the Department of Environmental Health at HSPH, “Virtually no human studies in this field have been conducted in the U.S.”
Therefore, the researchers relied on Chinese studies since, according to HSPH’s press release, “exposures to the chemical are increased in some parts of China,” and the risks of fluoride have been well documented there.

Los Angeles Times: US behind Somalia fighting

The Los Angeles Times in a report published earlier this week said that the US administration is the driving force behind the fighting in Somalia. Source

Greek Opportunity for Freedom

The Greek people have a chance to break free from the prison of debt and financial slavery by creating their own systems without a money currency and without government control. Sometimes only once one system crashes and collapses do we get an opportunity to break free from and escape it. Source

Fascist USA: Occupy LA activists and community members work "to prevent future police violence"

A new coalition is working to improve downtown Los Angeles after they say it was traumatized by police violence. The Creating Community Awareness Coalition is organizing town hall meetings to talk about the so-called Chalk Walk at last month's downtown Art Walk event. At the July 12th event, LAPD officers in riot gear shut down the streets, closed galleries and businesses. Police streamed officers into downtown and used less-than-lethal rubber bullets to disperse the crowd, injuring more than a dozen people. The police action came after a group of people starting drawing with washable chalk on sidewalks, streets, and buildings. Source

Audit Congress!!!

I wanna see EVERY POLITICIANS tax returns - In the whole wide world! - Audit the bleeping planet!