Wednesday, June 29, 2011

Max doing what he does best


Silver and Copper to fight disease

In this video it mentions that Roman army officers used to eat on and from silver items which reduced their risk of food poisoning, but what they also should have mentioned is that for 5,000 years people used to exchange germ free copper and silver coins as payment. Now all we are left with are base metal coins and filthy paper or polymer bank notes. So not only does fiat money kill a country's economy it can literally kill those who are forced to use it.


Greece is selling 'the family silver'


Athens becomes the new Cairo

A crumberling economy, reduced quality of life and an unpopular ruling class caused the Cairo street riots. The Greeks are rioting in the streets right now for the same reasons. Will it to result in the overthrow of their corrupt leaders?





Riots in Cairo, Jan 2011


Lagarde confirmed as new IMF boss

From: Euronews | Jun 28, 2011

The International Monetary Fund has confirmed that its new head is to be Christine Lagarde.


Greeks blowout over bailout austerity vote

From: Euronews | Jun 28, 2011


Keiser Report: Waterboard Bernanke Again!

by on Jun 28, 2011

This week Max Keiser and co-host, Stacy Herbert, report on scrapyards being the new pawn shops, Chinese ground troops marching on D.C. and the real British bank exposure to bad Greek debt. In the second half of the show, Max talks to Leah McGrath Goodman about her new book: The Asylum: The Renegades Who Hijacked the World's Oil Market.


Tuesday, June 28, 2011

Italy government tensions rise over austerity plans

From Reuters:

Tensions increased in Italy's government on Sunday over an austerity plan to be approved next week, with one senior coalition member accusing Economy Minister Giulio Tremonti of trying to cause the government's collapse.

Defense Undersecretary Guido Crosetto told news agency ANSA he was "fed up" with Tremonti's autocratic style, saying he was imposing indiscriminate cuts on every ministry but his own.

"It's clear that the economy minister just wants to find a way to upset everything and bring down the government," said Crosetto, a former economic spokesman for Prime Minister Silvio Berlusconi's People of Freedom (PDL) party.

The austerity budget aimed at eliminating the budget deficit in 2014 is due to be approved by the cabinet on Thursday, following a meeting of ruling coalition leaders on Tuesday to find political agreement over the measures....read on

David Stockman: 'Ben Bernanke is finished'

Jun 23 2011 MSNBC The Dylan Ratigan Show


Libyan update: NATO 'trying to kill Gaddafi'

From The UK Telegraph:

In the first such admission, Adm Samuel Locklear, commander of the NATO Joint Operations Command in Naples, said that efforts had been stepped up to target the Libyan leader, despite declarations by the Obama administration that "regime change" was not the goal.

The admiral's comments were revealed by Representative Mike Turner, an Ohio Republican and member of the House Armed Services Committee.

Mr Turner has opposed the military intervention from the outset was among those who voted in the House of Representatives last week to deny President Barack Obama the authority to wage war against Libya.

Another motion to stop funding for the war failed.

He told Foreign Policy magazine that he came away from his conversation with Adm Locklear convinced that Nato was acting beyond remit of the United Nations 1973 resolution on Libya, which allowed for enforcement of a no-fly zone and the defence of civilians and against Col Gaddafi's forces......read on