[KR572] Keiser Report: Never-ending Baltimores

We discuss the winter of our discontent as neoliberal policies and relentless fraud by banks results in never-ending Baltimores. In the second half, Max interviews Satyajit Das, author of Extreme Money, about how this debt addicted world could go the way of the Mayans.

223 comments on “[KR572] Keiser Report: Never-ending Baltimores
  1. jogador says:

    Caldrons of hell” created at Fukushima, says energy company official; Disaster is recurring each day at plant — Japan Nuclear Expert: We have a crisis “of a severity that can’t be imagined anywhere else”; People have been abandoned and “thrown away” (VIDEO)

    http://enenews.com/caldrons-hell-created-fukushima-energy-company-official-disaster-recurring-day-plant-japan-nuclear-expert-crisis-severity-be-imagined-anywhere-people-abandoned-thrown-away-video

    The War on Poverty – Is A $40 TRILLION Failure

    http://www.epictimes.com/vincecoyner/2015/05/the-war-on-poverty-40-trillion-funding-failure-rather-than-facebook-or-fubu-or-ford/

    Corporate power ‘exorcism’ held outside London law firm billed for TTIP lawsuits

    London: Performance activists ‘exorcise’ ISDS law firm offices

    loveofpeace:
    https://www.youtube.com/watch?v=nTJt7649lVw

    Changes to Total Global Credit Affects The Oil Price

    http://fractionalflow.com/2015/05/03/changes-to-total-global-debt-affects-the-oil-price/

    Beyond Neoliberalism Lies Opportunity for Grand Restructuring

    The failures of neoliberal capitalism may be leading us to the rebirth of a socialist movement that could offer a real alternative, writes Kotz – “a democratic participatory planned economy that could bring a period of rising human welfare for all in an environmentally sustainable manner.”

    http://www.commondreams.org/views/2015/05/04/beyond-neoliberalism-lies-opportunity-grand-restructuring

  2. YoLithos says:

    Brazil-notes #1.1 – Addendum.
    The increase of members the old upper-clerk and liberal professional middle-class getting caught resorting to the drug trade – or other crimes that can be aided by influence-peddling (or “status-peddling”) – to patch, aid, or “recover” their finances “just once” or “temporarily” or “as a pasttime” is worthy of note. Two of their favored children have just been executed in Malaysia – causing a huge MSM and official uproar that the thousands of young less melanin-deficient young muredred every year rarely get – if ever. So much for “natural superiority”.

  3. YoLithos says:

    Grammar’s bloody corpse. Let Hamlet mourn it. I cannot. :p

  4. YoLithos says:

    Brazil Notes #2.
    Important military envoys and visitors are touring Brazil wooing everyone they can. And it seeems that President Dilma has a heavily defense-related visit to the U.S.A. set for June. That is a recurrent signal of serious hanky-panky being afoot, and very disastous doo-dooo being set to go down. Somewhere. Worthy of adding to the “signs and portents” column.

  5. jogador says:

    One World Religion: Former Israeli President Proposes Pope to Head ‘UN for Religions’

    http://www.jpost.com/Israel-News/Politics-And-Diplomacy/Peres-proposes-UN-for-religions-to-pope-at-Vatican-374526

    Paul Krugman on the Truly Devastating Lesson of Baltimore

    Along with the conversation about race, we need to address the issue of class.

    http://www.alternet.org/economy/paul-krugman-truly-devastating-lesson-baltimore

    Why The Powers That Be Are Pushing A Cashless Society

    We Can’t Rein In the Banks If We Can’t Pull Our Money Out of Them

    http://www.washingtonsblog.com/2015/05/why-the-powers-that-be-are-pushing-a-cashless-society.html

    So Bernanke Doesn’t Like Facts?

    http://market-ticker.org/akcs-www?post=230096

    TPP: The Fascism Issue´´

    consider the characteristics of fascism: nationalism, (emotional commitment to one’s nation and its leader as a single, unified organic entity, superior to all others and deserving of absolute loyalty); totalitarianism (including continuous top-down mobilization of the population accompanied by intense and constant surveillance, continuous propagandizing by mass media hewing to a party line defined by the State, its leader, and a single party intertwined with it, and denial of zones of privacy; planned collaborative state-controlled economy in which productive disciplined people of all classes work together against the parasitic elements in society to achieve the economic goals set by the state (including autarky); respect for the capitalist profit motive and for the primary role of productive privately owned corporations and businesses in a command economy; support for social welfare programs serving social integration with the national organic unity; opposition to egalitarianism; direct, often violent action, supported by an ideology of social darwinism directed against opponents of the state, both external and internal; militarization of the police; external militarism; emphasis on youth and its role in direct action; strong commitment to traditional male/female roles, and to “non-deviant” heterosexual behavior, accompanied by strong opposition to “homosexual and other behavior it deems “deviant;” commitment to purging of decadent behavior and forms of modernism regenerating the “moral character” of the nation. Even though all would not agree with this specification of fascism in all its particulars, I claim that students of fascism and totalitarianism would agree that the specification of it as a social science cluster concept requires the heavy majority of these characteristics, and that excludes an ISDS regime from the world-wide fascism category.

    http://neweconomicperspectives.org/2015/05/tpp-the-fascism-issue.html

  6. jogador says:

    Why Warren Buffett Is Growing More Cautious About the Insurance Industry

    http://247wallst.com/industrials/2015/05/04/why-warren-buffett-is-growing-more-cautious-about-the-insurance-industry/

    Billionaires Hoard $100 Million Homes At Record Pace: “Beats Gold, Because You Can Boast”

    the ultra-luxury housing market is scaling new heights

    http://www.zerohedge.com/news/2015-05-04/billionaires-horde-100-million-homes-record-pace-beats-gold-because-you-can-boast

    The End Is Near, Part 2: Corporations Are The Ultimate Dumb Money

    http://dollarcollapse.com/equity-markets/the-end-is-near-part-2-corporations-are-the-ultimate-dumb-money/

    Cashless Society Will Make BANK RUNS Impossible as Nations Begin to Collapse!

    from The Money GPS ~ Author Exposing the Truth:
    https://www.youtube.com/watch?v=6t4wIz_-kNE

    IMF Splinters From Rest Of Troika, Threatens To Cut Off Greek Funding

    http://www.zerohedge.com/news/2015-05-04/imf-splinters-rest-troika-threatens-cut-greek-funding

  7. jogador says:

    Qatar hopes to end ‘kafala’ system in 2015: minister

    Qatar’s labour minister said Monday he hopes the country’s controversial “kafala” system, which critics have likened to modern-day slavery, will be abolished before the end of this year.

    https://en-maktoob.news.yahoo.com/qatar-hopes-end-kafala-system-2015-minister-184549407.html

    Election 2015: Russell Brand says ‘vote Labour’ after Ed Miliband interview

    http://www.ibtimes.co.uk/russell-brand-endorses-labour-after-ed-miliband-interview-1499597

    Poll suggests Britons more likely to vote to stay in EU

    http://uk.reuters.com/article/2015/05/04/uk-britain-eu-idUKKBN0NP1QB20150504

    Hillary And Hollywood Money

    Money and power mesh like peanut butter and jelly sprinkled with caviar in Washington, Wall Street and Hollywood.

    http://www.forbes.com/sites/nomiprins/2015/05/04/hillary-and-hollywood-money/

    20 Commonly Misused Phrases (and How to Use Them Correctly)

    http://time.com/3843977/commonly-misused-phrases-corrections/

  8. jogador says:

    ‘Misery’ in America is at a 56-year low

    http://www.businessinsider.com/misery-index-at-lowest-since-1959-2015-5

    How do day traders capture profits from the difference between bid and ask prices?

    http://www.investopedia.com/ask/answers/050415/how-do-day-traders-capture-profits-difference-between-bid-and-ask-prices.asp?

    New York’s latest corruption scandal involves the most embarrassing thing you can say on a wiretap

    A powerful New York State legislative leader was allegedly recorded complaining about his calls being recorded — while his conversation was being recorded.

    http://www.businessinsider.com/dean-skelos-indictment-involves-embarrassing-wiretap-admission-2015-5

    China and Taiwan leaders meet for rare talks

    http://america.aljazeera.com/articles/2015/5/4/china-taiwan.html

    Parents Aren’t Saving for a College Fund, But Can We Blame Them?

    http://thinkprogress.org/education/2015/05/04/3654423/parents-arent-saving-college-fund-can-blame/

  9. Flopot says:

    Prolly already linked…

    Why the Powers That Be Are Pushing a Cashless Society

    “We Can’t Rein In the Banks If We Can’t Pull Our Money Out of Them

    Martin Armstrong summarizes the headway being made to ban cash, and argues that the goal of those pushing a cashless society is to prevent bank runs … and increase their control:”

    http://www.globalresearch.ca/why-the-powers-that-be-are-pushing-a-cashless-society/5447138

  10. Youri Carma says:

    IMF Splinters From Rest Of Troika, Threatens To Cut Off Greek Funding http://www.zerohedge.com/news/2015-05-04/imf-splinters-rest-troika-threatens-cut-greek-funding

    11 May 2015 Last change to release €7,000 million/€7 billion from ECB
    12 May 2015 €0,774 million IMF

    05 June 2015 €0,310 million IMF
    12 June 2015 €0,348 million IMF
    16 June 2015 €0,581 million IMF
    19 June 2015 €0,348 million IMF
    30 June 2015 A four-month extension on bailout agreement expires.

    13 July 2015 €0,465 million IMF
    19 July 2015 €0,199 million ECB Maturity Gov’t Bonds
    19 July 2015 €0,104 million ECB Maturity Gov’t Bonds
    20 July 2015 €3,500 million ECB Maturity Gov’t Bonds

    GREECE – WE CAN DO THE MATH NOW, GREEK DEFAULT BY EARLY JUNE/LATE JULY! http://forum.prisonplanet.com/index.php?topic=210616.msg1513335#msg1513335

  11. Youri Carma says:

    Even if they recieve the €7 billion bailout from the ECB at 11 May 2015 Greece is only ‘saved’ till 20 July 2015 when €6.5 billion payment is due after which the whole shebang can start again.

    Greece owes a total of €324,000 million /€324 billion to the IMF, ECB, and Euro-Zone governments.

  12. Flopot says:

    US “Grand Strategy” for War Against China Laid Out

    http://www.globalresearch.ca/us-grand-strategy-for-war-against-china-laid-out/5447201

    “That lie has been central to the launching of US military activity ever since it became an imperialist power at the end of the 19th century.

    Lol. Tell that to the Mexicans.

    http://orias.berkeley.edu/summer2010/Saragoza.pdf

  13. pch says:

    45th anniversary of the kent state shooting.

    THE MAY 4 SHOOTINGS AT KENT STATE UNIVERSITY:
    THE SEARCH FOR HISTORICAL ACCURACY
    BY JERRY M. LEWIS and THOMAS R. HENSLEY

    http://dept.kent.edu/sociology/lewis/lewihen.htm

    The Day Nixon Cracked
    by Scott Calonico

    http://www.theatlantic.com/video/index/391880/richard-nixon-bizarre-lincoln-memorial/

    Crosby, Stills, Nash & Young: Ohio

    https://www.youtube.com/watch?v=68g76j9VBvM

    Tin soldiers and Nixon coming,
    We’re finally on our own.
    This summer I hear the drumming,
    Four dead in Ohio

    Gotta get down to it
    Soldiers are cutting us down
    Should have been done long ago.
    What if you knew her
    And found her dead on the ground
    How can you run when you know?

  14. Youri Carma says:

    Webster Tarpley’s World Crisis Radio May 02, 2015
    http://tarpley.net/audio/WCR-20150502.mp3

    Michael Chiotinis about Greece at 17:30 min

  15. jogador says:

    The battle between American-Jewish political donors heats up

    With potential candidates for next year’s US presidential elections starting to declare their hand, the chief donors on both sides of the political divide appear to have one issue uppermost in mind: Israel.

    http://www.jonathan-cook.net/2015-05-04/the-battle-between-american-jewish-political-donors-heats-up/

    Japan’s child population shrinks to a record-low 16.17 million

    Japan’s child population has shrunk for the 34th consecutive year to a record low: 16.17 million.

    http://www.breitbart.com/news/japans-child-population-shrinks-to-a-record-low-16-17-million/

    Liquidity drought could spark market bloodbath, warns IIF

    Evaporating liquidity and higher US interest rates will cause huge market swings with potentially catastrophic consequences, Institute of International Finance warns

    http://www.telegraph.co.uk/finance/markets/11581820/Liquidity-drought-could-spark-market-bloodbath-warns-IIF.html

    Backwardation is a function of supply

    if you could sell something today for $100 and be contractually guaranteed to be ABLE to buy it back 30 days later at $99, would you do it?

    http://blog.milesfranklin.com/backwardation-is-a-function-of-supply

    China’s Vineyards Experience Massive Growth

    China now has more space dedicated to growing wine than France. But Chinese wine is still far from being en vogue.

    http://thediplomat.com/2015/05/chinas-vineyards-experience-massive-growth/

  16. jogador says:

    Secrecy Over TPP Fuels Growing Opposition In Congress

    More and more lawmakers joining opposition to corporate-friendly trade deal over lack of transparency.

    http://www.mintpressnews.com/secrecy-over-tpp-fuels-growing-opposition-in-congress/205293/

    The size of the Milky Way just got an upgrade. Thought to be nearly as big as Andromeda

    http://m.space.com/29270-milky-way-size-larger-than-thought.html

    Hundreds March Through Downtown SA For Marijuana Legalization

    http://www.sacurrent.com/Blogs/archives/2015/05/04/hundreds-march-through-downtown-sa-for-marijuana-legalization

    Apple’s attempts to stop free music streaming has the DOJ investigating

    http://www.phonearena.com/news/Apples-attempts-to-stop-free-music-streaming-has-the-DOJ-investigating_id68962

    Wells Fargo Plays Its Clients for Sales, LA Says

    Wells Fargo creates a high-pressure sales environment that drives employees to open unauthorized accounts and credits cards under customer names, according to Los Angeles prosecutors.

    http://www.courthousenews.com/2015/05/04/wells-fargo-plays-its-clients-for-sales-la-says.htm

  17. jogador says:

    How Yemen’s Civil Conflict Turned Into a Regional Proxy War

    “There should be legal and political accountability for the involvement of Western countries in this war,” says activist-turned-journalist Farea al-Muslimi.

    http://www.thenation.com/article/206161/how-yemens-civil-conflict-turned-regional-proxy-war

    UN calls for suspension of TTIP talks over fears of human rights abuses

    UN lawyer says tactics used by multinationals in courts outside of public jurisdiction would undermine democracy and law

    http://www.theguardian.com/global/2015/may/04/ttip-united-nations-human-right-secret-courts-multinationals

    Bankrolling Climate Chaos: Banks Kept Coal on Life Support in 2014

    Sixth annual coal finance report card finds global banks pumped billions into coal finance in 2014, despite warning signs of coal’s systemic decline

    http://www.commondreams.org/newswire/2015/05/04/bankrolling-climate-chaos-banks-kept-coal-life-support-2014

    The Fukushima Plant is Still Leaking Like a Sieve

    http://www.thedailysheeple.com/the-fukushima-plant-is-still-leaking-like-a-sieve_052015

    Millions of Chickens Have Bird Flu and Nobody Knows How It’s Spreading

    There’s a massive epidemic taking place across the US right now, though you probably haven’t even heard about it. Over the last few months, more than 15 million chickens and turkeys have been infected with a deadly form of avian influenza, according to the latest numbers from the Department of Agriculture, and the country’s bird disease experts can’t figure out how it’s spreading.

    http://motherboard.vice.com/read/millions-of-chickens-have-bird-flu-and-nobody-knows-how-its-spreading

  18. jogador says:

    Keynesian Central Bank Craziness Causing Insane Asset Bubbles In Real Estate

    http://www.safehaven.com/article/37535/keynesian-central-bank-craziness-causing-insane-asset-bubbles-in-real-estate

    ‘Sell In May’ Often A Big Mistake Historically

    “sell in May and go away”. Wikipedia describes the concept this way:

    “Sell in May and go away is an investment strategy for stocks based on a theory (sometimes known as the Halloween indicator) that the period from November to April inclusive has significantly stronger growth on average than the other months. In such strategies, stocks are sold at the start of May and the proceeds held in cash; stocks are bought again in the autumn, typically around Halloween. It is the belief that it’s better to avoid holding stocks during the summer period.”

    Markets Are Not That Easy

    http://www.safehaven.com/article/37538/sell-in-may-often-a-big-mistake-historically

    Two-Thirds Of US Millionaires Fear “They Will Lose It All” If The Market Crashes

    http://www.zerohedge.com/news/2015-05-04/two-thirds-us-millionaires-fear-they-will-lose-it-all-if-market-crashes

    Corporate Media Blacks Out Coverage of Bill to Overturn Corporate Personhood

    http://wallstreetonparade.com/2015/05/corporate-media-blacks-out-coverage-of-bill-to-overturn-corporate-personhood/

    Robots About to Take Away 18 Million German Jobs, 59 Percent of Germany’s Work Force?

    http://www.thelocal.de/jobs/article/are-robots-about-to-take-away-18-million-jobs

  19. jogador says:

    Pimco’s flagship fund loses status as world’s largest bond fund

    http://www.latimes.com/business/la-fi-pimco-cedes-top-spot-20150504-story.html

    Richard Russell – Did The U.S. Treasury Just Issue A Major Warning? And What About Gold, Silver And Costco?

    http://kingworldnews.com/richard-russell-did-the-u-s-treasury-just-issue-a-major-warning-and-what-about-gold-silver-and-costco/

    China Containerized Freight Index Plunges to Multi-Year Low, Shanghai-EU Rates Totally Collapse, US Rates Morose

    http://wolfstreet.com/2015/05/04/china-containerized-freight-index-plunges-to-multi-year-low-shanghai-eu-shipping-rates-totally-collapse/

    Europe’s Next Ukraine Nightmare: A Massive Financial Default

    http://nationalinterest.org/blog/the-buzz/europes-next-ukraine-nightmare-massive-financial-default-12802

    11 million U.S. households spend 50% of income on rent

    http://www.consumeraffairs.com/news/study-11-million-us-households-spend-50-of-income-on-rent-050415.html

  20. Dippy says:

    @Stacy, 11 out of 11 for the show guys. I love Mr Das, looking forward to part deux.

  21. Flopot says:

    Haha! Youri killed this thread…oh wait…doh!

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