[KR624] Keiser Report: Empire of Fictional Cash

We discuss the exorbitant privilege that is the dollar hegemony which offers nothing on the upside and only subjugation and humiliation on the downside. And despite having an empire of fictional money, the US appears to still have gone bankrupt on these fictional debts. But all that is to change as European companies, like Total, and officials, like the Bank of France governor, fight back suggesting an end to US dollar transactions on international trade. In the second half, Max interviews Arjen Kamphuis about his new and free digital manual The Infosecurity Handbook For Journalists and about driving the cost of NSA spying from the current 0.08 cents per person per day to $10,000 per person per day – thus, driving them out of business.

229 comments on “[KR624] Keiser Report: Empire of Fictional Cash
  1. jogador says:

    Economists Are Running Out Of Ways To Describe How Bad It Is In France


  2. Youri Carma says:

    NSA targets Linux Journal as ‘extremist forum’: Report

    The NSA is targeting the Linux Journal as an “extremist forum” and flagging its readers as ‘extremists’, according to source code leaked to German public broadcaster, ARD.

  3. jogador says:

    Sarkozy Plying a Judge for Info May Be Least of His Crimes

    Did Sarkozy accept campaign funds from Qaddafi — and worse?


  4. jogador says:

    Why A Surveillance Balloon Is Flying Over London to Protest Surveillance

    On June 19, Bridle released a military-grade surveillance balloon into the air above South London. Hosted at the parking-structure-turned-art-space Bold Tendencies, it’s the central part of the work. Until September, the balloon will lift a variety of communications payloads up into the air, such as aerial cameras and darknet routers.


  5. jogador says:

    Janet Yellen Chimes in on the Bubble Question

    Risk? What Risk?

    Fed chair Janet Yellen recently uttered what sounded to us like a stunningly clueless assessment of the potential danger the echo bubble represents. She indicated on the occasion that she was certainly in no hurry to raise the administered interest rate from its current near-zero level.


  6. jogador says:

    Why are a million people on strike today?

    What’s it all about?

    The main concern for unions is pay – most public sector workers have been offered a below inflation pay rise of 1% for 2014-15, but this follows four years of frozen pay.

    This means pay is almost 20% lower in real terms than in 2010.

    TUC research also shows public sector workers such as NHS staff, teachers, firefighters, civil servants and other public servants were on average £2,245 worse off in real terms since the coalition came into power.

    Other issues, such as pensions and workload, are problems for specific unions, such as the NUT.


  7. jogador says:

    Portuguese government yields soar amid banking turmoil


    The scandal which we first reported yesterday, after observing the record collapse in the bonds of troubled Portuguese lender Espirito Santo International following the failure to make a bond payment, has quickly escalated and overnight went nuclear.


    Espírito Santo Financial Group shares suspended amid fears for group


  8. jogador says:

    10 Supreme Court Rulings That Turned Corporations Into People

    Last week’s Hobby Lobby ruling charted new legal territory by granting corporations the same religious rights as real people.


  9. jogador says:

    Falling North Sea oil revenue ‘to hit government finances’


  10. jogador says:

    Britain to pass emergency data surveillance laws

    Britain is rushing through emergency laws to ensure the police and security services can keep accessing people’s Internet and mobile phone data, Prime Minister David Cameron announced Thursday.


  11. jogador says:

    Eight worries that could plunge the world into crisis in 2015

    1. A stockmarket bubble
    2. Banking in China
    3. Energy crisis
    4. Another real estate bubble
    5. Ratings and bankruptcy corporate crisis: ‘BBB as the new AA’
    6. War and conflict
    7. Increasing poverty
    8. Cash and hyperinflation


  12. jogador says:

    Bitcoin Foundation hires Thorsen French Advocacy for Washington lobbying

    Thorsen French, led by Alec French and Carl Thorsen, specialises in representation of clients on Capitol Hill and has been tasked with introducing software-based payment system Bitcoin and the Bitcoin Foundation to key lawmakers and staff.

    A statement on the Bitcoin Foundation website says the brief will focus on explaining the benefits Bitcoin offers for global financial inclusion, consumer privacy, monetary stability and human liberty.


  13. poopysnot says:

    The Latest from John Batchelor & Steve Cohen – (Audio)
    Turd Ferguson – July 9, 2014

    Turd – The weekly discussion continued last evening. I hope you’ve been following along as it is the only place in American media where a frank and honest debate takes place regarding the ongoing events in Ukraine.

    Again, John Batchelor is a longtime reporter and media figure. His nightly radio program can be found here: http://johnbatchelorshow.com

    Stephen F. Cohen is an NYU & Princeton Prof. Emeritus. He is the author of “Soviet Fates and Lost Alternatives: From Stalinism to the New Cold War” & “The Victims Return: Survivors of the Gulag after Stalin.”

    Washington’s Arrogance Will Destroy Its Empire
    Dr. Paul Craig Roberts – July 9, 2014

  14. jogador says:

    Why rich Chinese should worry about corruption crackdown

    China’s anti-corruption campaign has humbled multinational corporations, taken down senior officials and put brothels out of business.

    Now the focus of President Xi Jinping’s campaign may have turned to wealthy Chinese trying to move their riches abroad.


  15. poopysnot says:

    GATA’s BILL MURPHY talks with Chris Waltzek – (Audio)
    July 9, 2014

    Embry – Unprecedented Lies Are Being Told To The Public
    Merit Gold – Published on Jul 9, 2014

    whatever it is… it’s fascinating

  16. Danny Cunnington says:

    This is big! July 8th breaking from Mexico. The illegal immigrant children entering the US is a planned operation. Somebody has paid millions of Dollars to get these kids up to the border. Also, as you will see in the link, DHS advertised for contractors to handle a large influx of illegal children back in January long before any of this happened. http://www.jimstonefreelance.com/scammerstrainoflies.html

    I’ve no idea why anyone would want to do this but everything we are being told about these kids riding on trains across Mexico from central America is false! They are being abducted by NGOs who are called “Outreach” charities and the parents whose kids are disappearing are telling the kids to stay away from “Gringo” (white) women.

    The other thing that’s suspicious is that nobody at all is allowed any contact with any of the Children once they are in the US. The only contact is through the contractors called Brownshirts and even donations of toys and footballs are prohibited.

    Of course, if these kids were abducted from central America this would become clear if anyone interviewed them because they would all have a similar story. Medical staff have gag orders and are not allowed mobile phones inside the locked down kids camps.

    From all the news reports in the US on this issue, I noticed that there’s not a single interview with any of these children. It’s not like there are no Spanish speakers in the US. Common sense tells you if you are dealing with an unaccompanied minor the first thing is to ask them how and why they came to be on the Mexican border.

  17. jogador says:

    Rise in food theft in Devon and Cornwall as people steal to eat

    Shoplifting of food in Devon and Cornwall rose by almost a third last year – fuelling concerns that people struggling with their finances are “stealing to eat”.

    The theft of food accounted for more shoplifting than any other kind of item with offences rising 31.1% to 3,308 last year.


  18. jogador says:

    Why are people striking? Everything you need to know about the public sector strikes

    1. Who is striking?
    2. Which unions are involved?
    3. How long are the strikes planned to last?
    4. How will it affect me?
    5. What is the government stance?
    6. What is being done to sort it out?


  19. jogador says:

    Typhoon Neoguri has slammed into the Japanese mainland bringing widespread flooding, ripping trees from their roots and leaving houses half-buried under mud, as tens of thousands were urged to seek shelter.


  20. jogador says:

    JPMorgan staff face up to yet another tragedy

    A bank executive from London shot his wife dead before turning the gun on himself in a tragic murder-suicide, police said Thursday.


  21. jogador says:

    High-Level NSA Official: the NSA Has Become “J. Edgar Hoover On Super Steroids”


  22. jogador says:

    Watch US president Barack Obama’s response when he is offered marijuana on bar visit


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