[KR62] Keiser Report – Markets! Finance! Hollow Men!

Stacy Summary: We look at the latest scandals with stolen credits and the debt in Europe. In the second half of the show, Max talks to his guest Gregor MacDonald about the role of energy in US economy.

149 comments on “[KR62] Keiser Report – Markets! Finance! Hollow Men!
  1. Youri Carma says:

    Great Show Folks!

  2. stacyherbert says:

    @Youri – thanks!

  3. snoop diddy says:

    If I lived on Planet China and owned a car manufacturer I would find this hilarious.

    WTF! GM CAN’T AFFORD TO BUY ANYTHING! 7-22-2010
    http://www.youtube.com/watch?v=9qqtKyD238I

    GM buys Americredit Corp.

  4. nobody says:

    very good interview that contains a lot of good information. I am pleased that at least i am learning something everyday. Thanks!

  5. Youri Carma says:

    Related Articles Keiser Report – Markets! Finance! Hollow Men! with Gregor MacDonald July 22nd, http://forum.prisonplanet.com/index.php?topic=180881.0

  6. nobody says:

    From the geopolitical perspective, I think Turkey will emerge as a main player in ME and the world because the country has become a hub of energy and have plenty of water that the neighbor states desperately need. There was a planned water pipeline between Turkey and Israel, but NetanYahoo blew it up.

  7. MirrorMirror says:

    Invasion of the Apparatchik

    http://www.youtube.com/watch?v=eD1CSmjiNiM

    4 minutes from W.E.Pollock

  8. nobody says:

    @farang

    What an excellent post! I am really learning a lot today. Thank you

  9. Youri Carma says:

    Well here Gregor MacDonalds says it – The Basterds in London, who decide the oil price, keep it below $75 a barrel to create an artificially scarcity later. Also to push the Peak Oil bogus.

    People who DID do their research on oil know that the Arabs admitted to the fact that they made a deal with the London oil scamsters to lower the price of oil signifivcantly every 5 years to wipe out any alternative oil energy investments and research to keep the oil oligarchy going.

    They don’t care about the environment at all.

  10. MirrorMirror says:

    No surprises…

    Congress Ranks Last in Confidence in Institutions

    1973 – 2010

    http://www.gallup.com/poll/141512/Congress-Ranks-Last-Confidence-Institutions.aspx

    Currently only 11% .

  11. Youri Carma says:

    The Arabs have easier oil but they have to wait till their old wells fill up with oil again. Do your research! Oil is Abiotic.

    Prove? In fact BP hit a Abiotic well in the gulf with huge amounts of Methane which proves this. Same as the presence of methane on Saturn’s moon.

  12. Bonn says:

    http://www.youtube.com/user/geraldcelente
    Gerald Celente on Dr. Bill Deagle Nutrimedical report 20 July 2010
    Doc Bill Deagle says they already cuttin medical benifits & lettin peeps die

  13. Youri Carma says:

    Bernanke says further easing hinges on jobs- No kidd’n Sherlock!!!

    The Federal Reserve may try to push borrowing costs even lower if the job market continues to languish, Fed Chairman Ben Bernanke said on Thursday, offering a hint of what might trigger additional monetary easing. http://www.reuters.com/article/idUSTRE66L3QW20100722?type=GCA-Economy2010

    ahahah Lower ahahah to Zero Zappy from 0.25% ROFL :mrgreen:

    Fed could trim interest rates further: Duke http://www.marketwatch.com/story/fed-could-trim-interest-rates-further-duke-2010-07-12

  14. MirrorMirror says:

    I wonder if this video describes the current state of the markets …

    ( Mr. Bean on the high spring board .. watch the end )

    Mr. Bean goes to the swimming pool

    http://www.youtube.com/watch?v=a4cmrMJul1g&NR=1

  15. MirrorMirror says:

    Stress tests will make or break banks
    Europe’s banks are on trial and must prove they can withstand another crash.

    http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7905322/Stress-tests-will-make-or-break-banks.html

    Ridiculous “Stress Tests” !
    To think that a Commitee can judge whether a bank can survive some future market meltdown is pathetic.

  16. Bonn says:

    @ MM
    Wow 34 million views of Mr. Bean

  17. MirrorMirror says:

    @Bonn … “Wow 34 million views of Mr. Bean”

    Yeah ….. Mr. Bean for Prime Minister !

    Although he’s not too popular in Oxfordshire right now !
    He wants to knock down his beautiful 1930′s house to replace it with some modern glass/steel cage – designed by an American IIRC.

    The locals are up in arms !

    Naughty Naughty !

  18. MirrorMirror says:

    @Bonnn … Mr Bean star’s ‘space-age’ design goes on display

    http://www.oxfordmail.co.uk/news/headlines/8280547.Mr_Bean_star_s__space_age__design_goes_on_display/

    The comments are hilarious …



    He’s having a laugh isn’t he? This is in an Area of Outstanding Natural Beauty and it looks like an office block. Money should not mean you can get away with this. It should be refused. He’ll no doubt appeal but I hope an Inquiry will show how out of tune this is with its surroundings.”

    +++
    Quentin Walker, Oxford says…
    11:43am Tue 20 Jul 10
    Well, he IS a comedian…

    ..

  19. Youri Carma says:

    Oh Yeah… as if ….about this Article “EU stress tests: who knows, who cares? ” from Christopher Whalen:

    As if the American banks are Soooo transparant with their off sheet balance sheets and Peek-A-Boo accounting. Again the big pot (what used to be a melting pot) calling the kettle black as the darkest night.

  20. MirrorMirror says:

    PS@Mr.Bean

    To disgruntled neighbours, it is a “space-age petrol station”. ……………….

  21. MirrorMirror says:

    Silver Coins on Ebay

    Spain … ca.330 offers ! (dinero)
    France … ca.1,000 offers ! ( Pièce en argent )
    UK … ca. 7,000 offers !
    Germany … ca. 280,000 offers ! ( Silbermünzen)

    Interesting ?

  22. MirrorMirror says:

    @Youri Carma …. Bean Fun

    LOL … nice !

  23. Mike/Liverpool says:

    UK growth SHUTS up to 1.1% for Q2 ………….it only cost £200 Billion of “QE”
    Mike

  24. Bonn says:

    Just listenin to Celente on
    Gerald Celente interview with http://www.MiningStockTalk.com 19 July 2010
    lol its True post WW 2 USA has knoked up the most number of Wars its been involved than any other country
    Hmm lets see
    Lets see
    Korean War
    Vietnam war
    Gulf war 1 & 2
    Afghanistan War
    Serbia thang
    and one or 2 south american Episodes
    that was my List

    @ Stacy & Max
    ya should bring tis up on RT or OTE
    http://academic.evergreen.edu/g/grossmaz/interventions.html
    My god I thought it would just be 4 or 5
    As senator RonPaul says “We go into Country we Bomb the hell outta them then we give Contracts to private companys / corporations “

  25. Youri Carma says:

    @Mike/Liverpool

    U.K. inflation is well over 3% – UK inflation for June 2010 registered a small drop from 3.4% to 3.2% http://www.marketoracle.co.uk/Article21054.html

    So were does this leave this 1.1% for Q2?

  26. Youri Carma says:

    @@Mike/Liverpool

    That reminds me of an phrase I uses a year ago or so …

    The Good News: Better than Expected.

    The Bad News: The expected Nothing, Nada, Noppus.

  27. Bonn says:

    AFGHANISTAN 2001-? Troops, bombing, missiles Massive U.S. mobilization to overthrow Taliban, hunt Al Qaeda fighters, install Karzai regime, and battle Taliban insurgency. More than 30,000 U.S. troops and numerous private security contractors carry our occupation

    lol look at the Time of the War 2001 – ?????
    ROFL
    Here are some more

    PHILIPPINES 2002-? Troops, naval Training mission for Philippine military fighting Abu Sayyaf rebels evolves into combat missions in Sulu Archipelago, west of Mindanao.

    COLOMBIA 2003-? Troops US special forces sent to rebel zone to back up Colombian military protecting oil pipeline.

    IRAQ 2003-? Troops, naval, bombing, missiles Saddam regime toppled in Baghdad. More than 250,000 U.S. personnel participate in invasion. US and UK forces occupy country and battle Sunni and Shi’ite insurgencies. More than 160,000 troops and numerous private contractors carry out occupation and build large permanent bases.

    PAKISTAN 2005-? Missiles, bombing, covert operation CIA missile and air strikes and Special Forces raids on alleged Al Qaeda and Taliban refuge villages kill multiple civilians. Drone attacks also on Pakistani Mehsud network.

    SOMALIA 2006-? Missiles, naval, covert operation Special Forces advise Ethiopian invasion that topples Islamist government; AC-130 strikes and Cruise missile attacks against Islamist rebels; naval blockade against “pirates” and insurgents.

    BOSNIA 1993-? Jets, bombing No-fly zone patrolled in civil war; downed jets, bombed Serbs.

    Freakin USA is like a re-appearing Skin Rash
    Hic ;-)

  28. Youri Carma says:

    Deflation Gloom

    Price Deflation at Canadian Grocery Giant Loblaw; Anecdotes from the Illinois Home-Front http://globaleconomicanalysis.blogspot.com/2010/07/price-deflation-at-canadian-grocery.html

  29. MirrorMirror says:

    @Bonn

    The End of America. 10 Steps To Fascism. Documentary film adapted from Naomi Wolfs book – 5/8

    The USA would NOT NEED Homeland Security if they were to stop all the wars they started !

    All in … “Confessions of an Economic Hitman” – Jon Perkins

    PS:
    Of course Homeland Security is NOT about protecting YOU … it’s about protecting the PTB Elite and their system !

  30. Bonn says:

    My Brother and his wife Who are US citezens
    Tey voted fer Obama
    lolololololololololololololololololoolo
    ROFL PMSL
    Hic ;-) Hic ;-)

  31. Youri Carma says:

    Emergency Press Conference on Newark Budget Gap; Massive Service Cuts; No Toilet Paper for City Offices; Newark is Bankrupt http://www.youtube.com/watch?v=jp33ajAqoaM

  32. Bonn says:

    http://www.youtube.com/user/geraldcelente#p/u/1/n0Fq81j4fSA
    Gerald Celente interview with http://www.MiningStockTalk.com 19 July 2010
    “Politics is Show business for Ugly people ” –Gerald Celente
    lololololol
    So true
    Hic ;-)

  33. MirrorMirror says:

    Newspaper Chain’s New Business Plan: Copyright Suits

    By David Kravets July 22, 2010 | 3:29 pm | Categories: The Courts, intellectual property

    Steve Gibson has a plan to save the media world’s financial crisis — and it’s not the iPad.

    Borrowing a page from patent trolls, the CEO of fledgling Las Vegas-based Righthaven has begun buying out the copyrights to newspaper content for the sole purpose of suing blogs and websites that re-post those articles without permission. And he says he’s making money.

    “We believe it’s the best solution out there,” Gibson says. “Media companies’ assets are very much their copyrights. These companies need to understand and appreciate that those assets have value more than merely the present advertising revenues.”


    http://www.wired.com/threatlevel/2010/07/copyright-trolling-for-dollars/

  34. MirrorMirror says:

    Saving is Futile….

    It’s the End of the World As We Know It

    What are 308,367,109 Americans supposed to do?


    How does one decrease the cost of labor in America? Well first, you have to bust the unions. Check.

    Then you have to create a pressing need for people to work – perhaps give them easy access to credit and then get them to go so deeply into debt that they will have to work until they die to pay them off. Check.

    It also helps if you push up the cost of living by manipulating commodity prices. Check.

    Then, take away people’s retirement savings. Check.

    Lower interest rates to make savings futile and interest income inadequate. Check.

    And finally, threaten to take away the 12% a year that people have been saving for retirement by labeling Social Security an “entitlement” program – as if it wasn’t money Americans worked their whole lives to save and gave to the government in good faith. Check.


    http://www.philstockworld.com/2010/07/17/its-the-end-of-the-world-as-we-know-it/

    Good article .. nice pictures !

  35. Youri Carma says:

    Matthew Simmons (The Ocean Energy Institute, Founder and Chairman) Discusses BP’s Oil Leak in Gulf of Mexico http://www.youtube.com/watch?v=DwX9RXFRJD4

    “BP cap is a total diversion” “The Biggest Environmental Cover up EVER!”

  36. Youri Carma says:

    BP suspends relief-well activities on potential bad weather – Tropical Storm Bonnie is projected to track into the Gulf of Mexico http://www.marketwatch.com/story/bp-suspends-relief-well-activities-on-bad-weather-2010-07-23

  37. Youri Carma says:

    China may switch to currency basket for forex rate – Central bank official suggests move away from dollar as benchmark http://www.marketwatch.com/story/china-may-link-yuan-trade-to-currency-basket-2010-07-23

  38. Youri Carma says:

    BP Managers Robert Kaluza, who oversaw operations on the rig, and Patrick O’Bryan, BP’s vice president for oil drilling Named in Disaster Probe http://online.wsj.com/article/SB10001424052748703467304575383330524596218.html?mod=europe_home

  39. Bonn says:

    House pressured to pass stripped-down war measure
    http://news.yahoo.com/s/ap/20100723/ap_on_bi_ge/us_congress_war_funding
    How did I know tis was a possibility ???
    Oil spill work on hold as Bonnie approaches
    http://news.yahoo.com/s/ap/20100723/ap_on_bi_ge/us_gulf_oil_spill
    COOL a Tropical Storm named After Me Bonn is actually short form fer Bonnie I was named because When I was born I had Napoleans Hairstyle

    NKorea tensions spike at Asian security forum
    http://news.yahoo.com/s/ap/20100723/ap_on_re_as/as_asean

    lolololololol
    ROFL
    Hic ;-)
    I never knew I would be part of History :-)

  40. MirrorMirror says:

    @Bonn … “Tropical Storm named After Me Bonn”

    I didn’t know you were a female !
    ;-)

  41. Bonn says:

    @ MM
    I am a male lolololol
    thats my pet name
    my real name is also kinda female name
    Hic ;-)
    How many women do you know who drink and smoke everyday ????
    If so can ya introduce tem to me
    In my religion though I am an athiest ya could land up with a womans name too
    Fer Example me real name is Sharan ( sharan in the Hindi language means Shelter ) Sharan = Shelter
    lolololol
    ROFL
    Hic ;-)
    I was given my pet name because me Hair style was like Napolean Bonapart when I was Born

  42. Chris says:

    Great Guest, invite him back.

    Here’s Marlon Brando reading T.S. Eliot’s “The Hollow Men” (and the late Dennis Hopper):

    http://www.youtube.com/watch?v=845Hx3XV9EU

    “Mistah Kurtz- he dead.”

  43. Commandini says:

    @Stacy & Max – Was just watching an old show (november 2009) of the Keiser Report. Allot has happened between nov 2009 and today, but nothing has changed.

  44. anon ymous says:

    Why is the Washington Post not only late to the game on this story, but not crediting their predecessors? See Democracy Now!’s much more comprehensive coverage, featuring Tim Shorrock (.com), author of “Spies for Hire” on privatization of intel. See also Russ Baker’s new book, Family of Secrets, for an update on the Post’s historical connections to the intel community, as well as G. W. Bush’s statement that intel was privatized in the U.S. *decades* ago (on his watch). You might ask yourself what purpose is served by the Post publishing this report now: is it trying to reveal, or to control/limit the story? Shorrock: “I’m shocked at the paucity of new information and anecdotes.”

  45. Chris says:

    The reason the price of oil went up was BECAUSE of the fall in supply. For some reason many people fail to comprehend that a cartel means a group of producers driving down supply to increase the price. Yet people seem to think that the oil cartel is different some people actually believe that the oil cartels are trying to maximise oil output. There is vast oil reserves around the world, any oil shortage is artificially contrived by cartels trying to bid up the price and make more profits.

    Oil is abiotic, it exists in effectively unlimited quantities beneath the earth. This is why Russia is seeing their production increase even though they are supposed to have peaked decades ago. OPEC are getting pretty annoyed at Russia increasing their oil output rumor has it.

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