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Build up to WW3 – CHINA & RUSSIA conclude WAR GAMES in Yellow Sea
China and Russia began their first-ever joint naval exercises on Sunday, focusing on air defense, anti-submarine tactics, search and rescue, as well as joint efforts to rescue hijacked vessels, Chinese media reported.
The large-scale war game is scheduled to run through Friday off the resort city of Qingdao in the Yellow Sea, Xinhua said. Chinese state broadcaster CCTV said the six days of drills would include electronic counte…
War mentality has saturated Washington and arms merchants want to benefit, says Congressman (d) Dennis Kucinich. He opposes sanctions against Tehran that could lead to war, and is sure the US should forget about trying to conquer other countries.
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Welcome to Capital Account. Regulators from the CFTC and the SEC (Gary Gensler and Mary Schapiro) were on Capitol Hill today to talk about how the overhaul of that multi-trillion dollar, opaque, unregulated over the counter derivatives market is going. As you know, derivatives were at the center of the JP Morgan trading blow-up, so the loss has seemingly reignited scrutiny from Washington. But here’s a caveat before yo…
In this episode, Max Keiser and co-host, Stacy Herbert, discuss naked short selling by Goldman Sachs and piling on JP Morgan all while being hounded by a Fox News helicopter. In the second half of the show Max talks to Francine McKenna of reTheAuditors.com about Jamie Dimon, London whales and MF Global.
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Woody O’Brien says that he’s decided to do a “Barnhardt’ and get out of the markets while the gettin’ is good. O’Brien says he’s been told by regulators that federally regulated brokers should not be giving advice about buying physical silver, so he’s decided he no longer wants to be ‘federally regulated’. Remember, physical silver really is the Achilles’ heel of the corrupt fiat banking system.
We also talk about JP Morgan’s now $7 BILLION derivatives blunder – and we cover what Woody calls th…
Miriam Goderich, who helped edit a 1991 booklet for Barack Obama’s then-literary agency, Acton & Dystel, which erroneously stated that Obama had been born in Kenya. She described the mistake as a fact check error. Before 2006 many news organization had similar fact check errors. Curious.
In 2012, when we think Wall Street we think: MF Global theft, JPM criminality, Goldman naked shorting, DTTC failures to deliver, precious metals manipulation, fractional reserve banking, Comex games, HFT trading and endless derivatives. But don’t forget about MERS and mortgage fraud – because according to Vermont Trotter, the National Director of ‘Protect Americas Dream’ it’s all tied together in one giant Ponzi scheme. The worst part is, the bank you pay for your mortgage probably does not even…