Jon Stewart nailed it on last nights “The Daily Show” when opening his new series titled “How the F#@k is it that Martha Stewart went to jail” when not one Wall Street bankster has been held accountable for the 2008 meltdown that we are still suffering from today. So Martha goes to jail who made dough from an insider tip, yet the entire banking elite goes home to their families every night not feeling even a tiny bit of fear for being arrested for all of their illegal transactions all the while thrusting the entire economy into a meltdown. Unbelievable! [Read more…]
And not one of these SOB’s has lost a friggin thing! Not one has spent the first second locked up behind bars! Not one has lost their self gorging of high living because the taxpayer is on the hook to try and pay these debts off! Not one has even admitted or taken any kind of responsibility whatsoever for their own over blown, sociopathic, maniacal hubris! Not one of them! How in the hell does this happen in a just world? It doesn’t, because our world, as constructed by these same mad men, is not one that is just.
The T-Room will post the remaining segments to this investigation as they become available.
Here is AJ’s schedule – “Meltdown is a four-part investigation that takes a closer look at the people who brought down the financial world. It can be seen on Al Jazeera English from Tuesday, September 20, at the following times GMT: Tuesday: 2000; Wednesday: 1200; Thursday: 0100; Friday: 0600; Saturday: 2000; Sunday: 1200; Monday: 0100; Tuesday: 0600.”
by Doug Eberhardt, Buy Gold and Silver Safely
What the heck is going on these days with the banks? More and more issues are arising with our nations banks causing concern for the investing public.
On August 17, 2009 I wrote an article entitled The Banking Crisis is Far From Over. I wanted to make people aware of what was really going on in the banking industry as it is this sector of the economy that keeps the Federal Reserve illusion of stability alive. If the People lost faith in the banking system, we would sink into a depression. From the article; [Read more…]
This week on Tuesday’s Keiser Report –
“This week Max Keiser and co-host, Stacy Herbert, notice that looking back is not an option when all the evidence is destroyed by the SEC and Max tries to explain the gold / Treasury conundrum. In the second half of the show Max talks to Catherine Austin Fitts about exponential fraud and the financial coup d’etat.”
KR on FB: www.facebook.com/KeiserReport
This week Max Keiser and co-host, Stacy Herbert, look at how quantitative easing is good for the rich, bad for the poor and how sterling is offering no refuge. In the second half of the show Max talks to Richard Heinberg, author of The End of Growth, about the role of energy in the current debt crisis.
KR on FB: www.facebook.com/KeiserReport
Great show today. Stacy tee’s it up with several examples of how kid’s who are looting are punished vs the Ivy League banksters who looted all don’t even get investigated let alone charged of any crime. Two sets of laws – one for the peasants and another for the criminal “elite” class. Following Stacy’s piece, Max talks to former bank regulator, William K. Black, who made sure the Savings & Loan bankster thugs paid for their “looting” yours and my pocket.
This weeks Keiser Report covers –
“This week Max Keiser and co-host, Stacy Herbert, report on how to improve your self esteem with mountains of debt. In the second half of the show, Max talks to Demetri Kofinas in Athens about the global insurrection against banker occupation happening in Syntagma Square and the role of credit default swaps and mountains of debt in making that occupation possible in the first place.”
KR on FB: www.facebook.com/KeiserReport
Alex talks with film-maker, broadcaster and former broker and options trader Max Keiser about the economy and other topics.
“This week Max Keiser and co-host, Stacy Herbert, report on American anger at gas prices, Middle East fears on wheat prices and the Chinese love for gold that has double in a year. In the second half of the show, Max talks to investment adviser, Ned Naylor-Leyland of Cheviot Asset Management in London, about thousand ounce silver bars and the precious metals market.”
Checkout Max at maxkeiser.com
Follow Reggie Middleton’s work at BoomBustBlog
From RT – “This week Max Keiser and co-host, Stacy Herbert, report on talking up Greek debt fears, the short-lived Bin Laden bounce and buying gold if your government is trying to kill you. In the second half of the show, Max talks to Dr. Kiriakos Tobras about his lawsuit against investment banks and derivatives dealers for their crimes against Greece.”
And closer to home be sure to send a message to your congress critter to tell them to vote Yay to S. 575/H.R. 1081 – a yes vote stops the banks from adding yet another fee to use your ATM card. Check it out and send a message!
This time Max Keiser and co-host, Stacy Herbert, report on downgrades, gold bars and third worlds. In the second half of the show, Max talks to Taki Oldham, director of The Billionaires Tea Party, about tea parties, astroturfing and Ayn Rand.
BELOW ARE TWO MUST READ ARTICLES BY ZEROHEDGE
Back in April 2010, before Waddell and Reed sold a few shares of ES, effectively destroying the market on news that Europe was insolvent, we made the following observation: “The IMF has just announced that it is expanding its New Arrangement to Borrow (NAB) multilateral facility from its existing $50 billion by a whopping $500 billion (SDR333.5 billion), to $550 billion.” Little did we know that our conclusion “something big must be coming” would prove spot on just a month later after Greece, then Ireland, then Portgual, and soon Spain, Italy, Belgium, and pretty much all other European countries would topple like dominoes tethered together by a flawed monetary regime. Well, based on news from Dow Jones we can now safely predict the following: “something bigger must be coming.” As if the IMF’s trillions in open lending facilities (many of which have recently been adjusted to uncapped) were not enough, we now learn that the world lender of last resort (which in theory is the Fed, but apparently Bernanke has been getting a little shy lately so is offsetting his direct lending directives to secondary organizations like the IMF, leaving the Fed with only USD liquidity swaps) is about to activate a “Special Funding Pool” – Dow Jones explains: “The International Monetary Fund is expected to soon activate a special funding pool that will boost the fund’s ability to prevent or resolve economic crises, two people familiar with the situation said Thursday. One of the people said the activation of the funding–which can only be made by a special request from the IMF managing director to the board–was in anticipation of an expected wave of new IMF programs, including the possible expansion of the Greek bailout package.” Wonderful. Global financial cataclysm rinse repeat all over again…
More from Dow Jones:
Read the rest of the post and comments by clicking HERE
Highlights from the just released speech by Philly Fed hawk Charles Plosser:
- Fed’s Plosser says would want to make explicit the Fed’s commitment to a numerical inflation objective
- Says important to communicate a systemic plan that describes where Fed is going, how it will get there
- Says his proposed strategy would tie pace of asset sales to size of interest rate increases
- Says his preferred exit strategy would raise rates, shrink balance sheet concurrently
- Says failure to exit in timely manner will have serious consequences on inflation, economic stability in future
- Says monetary policy will have to reverse course in the not too distant future
- Says consumer spending continues to expand at reasonably robust rate
- Says US economy seems to be on much firmer foundation
- Says labor market conditions are improving
In other words, an attempt to return confusion over the fate of QE3. As for the Fed existing anything…. good luck. As part of his exit proposals, Plosser proposes two exit plans (12 and 18 months) both of which sees a dramatic reduction in reserves, a hike in IOER, and asset sell offs. Should the Fed indeed proceed to do this, the market will prolapse.
Read Posser’s full statement and comments by clicking HERE
Visit Democracy Now!
How does one talk about freedom and the people’s right to peacefully assemble, yet through action demonstrate the exact opposite? How is one to be taken seriously after witnessing such blatant hypocrisy?
What has happened to Hillary Clinton, or has she always been this shallow where I, as a former long-time supporter, never noticed? This video captures the essence of her hypocrisy. She could have easily stopped the violation of peaceful assembly by telling the police to leave Mr. McGovern alone, but she didn’t! Instead she just went on talking about people’s freedom. Wow! What chutzpah! Shame on you, Mrs. Clinton! Shame on you!
This 71 year old man reportedly stood in the aisle w/a Veteran’s for Peace t-shirt with his back to Mrs. Clinton. It is reported that he never said a word nor did he take any action to disrupt Mrs. Clinton’s speech. Yet, while she is pontificating on and on about the right to assemble and protest, this 71 year old man, Ray McGovern, formal CIA Analyst, is forcefully accosted by the police and brutalized and for what? Peaceful assemblage. That’s what!
Here’s a pic of Ray’s wounds –
A special thanks to CNN for carrying this story and showing the world Mrs. Clinton’s hypocrisy. Please don’t be bullied into removing this must see video.
Update X1 – Ray McGovern talks to Alex Jones today about last night’s attack on his right to free speech –
UPDATE X2 – From Washington’s Blog – Revolt spreads to America-
“Dylan Ratigan notes that a large proportion of Wisconsin public employees’ pension funds go to Wall Street:
The average Wisconsin state employee gets $24,500 a year. That’s not a very big pension. The state pension plan, 15% of the money going into it each year is being paid out to Wall Street to manage the money. That’s a really huge high percentage to pay out to Wall Street to manage the money.
And the Governor has ordered the Wisconsin state police to arrest all of the Democratic State Senators and return them to the Capital, but the Senate Democrats have fled the state.
Indeed, the Democratic National Committee is apparently helping to organize the protests.
But Max Keiser writes:
It’s foolish to say these protests are about ‘labor’ or ‘unions.’ They’re about people getting their wealth stolen by banks. And whether it’s Cairo or Ohio, it’s the same banks. We are witnessing a Global Insurrection Against Banker Occupation.
Another poster writes:
The one good thing that has come out of this is simply the fact that, for right or for wrong, people are getting off their [back sides] and doing something about something.”
Read the full story HERE
UPDATE X3 – From Veteran’s for Peace – Click HERE to read their Press Release –
VETERANS’ GROUP DEMANDS APOLOGY FROM SECRETARY OF STATE
HILLARY CLINTON WATCHES AS POLICE MANHANDLE PEACEFUL PROTESTER
Video – Washington DC Police Dept refused to answer questions about Ray McGovern’s brutal treatment while in their custody – Listen to the police dept recording.