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Member since: Thu Jul 6, 2006, 12:17 AM
Number of posts: 24,358

Journal Archives

Keiser Report: Time to Fake US Manufacturing?

RT * Published on Jul 10, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the fact that when falling off a cliff, it is only the last few feet that hurt. They apply this to the collapsing US economy where they're going to fake manufacturing till they one day make it, but Max suggests that, just as you cannot taper a ponzi scheme, you cannot recalculate your way out of economic collapse. In the second half, Max interviews former CIA case officer and co-creator of the Marine Corps Intelligence Center, Robert David Steele, who has authored a new book, The Open Source Everything Manifesto: Transparency, Truth and Trust. They discuss anarchy, panarchy, true cost economics and Max asks whether crowd-sourced answers to national intelligence questions will be met with a military-style response similar to what happened to Kim Dotcom.

- IMO, this is a good 25 minutes and 46 second investment.

Why Doesn't the Media Care About Dead Palestinians?

breakingtheset * Published on Jul 9, 2014

Abby Martin remarks on the latest violence in Palestine, including Israeli airstrikes on civilian targets in Gaza.

- Abby, in answer to your query as to ''Why Doesn't the Media Care About Dead Palestinians?'' -- the answer is that ''the media'' is the 1%.

And the 1% makes money and secures its position through the deaths of others......

Pure Madness: Revenueless, Assetless CYNK Soars Over $5Bn

Pure Madness: Revenueless, Assetless CYNK Soars Over $5Bn; Bigger Than GameStop, Cablevision, Jabil Circuit

Submitted by Tyler Durden on 07/10/2014 12:10 -0400

Well that escalated quickly... CYNK Technologies - which we first exposed to the world here - has gone from dumb to dumber. "Traders" just bid CYNK at $18.50 $20.32 this morning (on less than 100,000 shares) meaning this asset-less, revenue-less shell of exuberance now has a market cap over $5.4 $5.9 billion.


That leaves CYNK more "valuable" than all of the following companies...


- Boy the economy sure is doing well. It's almost like MAGIC! Or, something similar......

Undisputable Bubble Insanity: No Revenue, No Assets Company Up Over $1 Billion

Undisputable Bubble Insanity: No Revenue, No Assets Company Up Over $1 Billion (+110%) Today On 57K Shares Traded

Submitted by Tyler Durden on 07/09/2014 22:31 -0400

Update 2: CYNK closed up 150%, at an all time high of $14.70, a market cap well over $4 billion. Clearly there is much untapped upside left for the company with no assets or revenues.

Update: Stock is now $14/share, implying a market cap for the revenue/asset-free compah of over $4 billion. This means it has a market cap higher than Dynegy, Federal Mogul, JetBlue or Buffalo Wild Wings.

Just 2 days ago we highlighted the best example of the exuberance awash the markets currently - CYNK Technology Corp, the social media development company that had a market capitalization in excess of $1 billion, which according to official filings, had one employee, no website, no revenue, no product, and no assets.

Fast forward 2 days - and some 57,000 shares traded (about 0.02% of its total shares outstanding) at around $10 and CYNK now has a market cap approaching $3 billion (and still no revenue, no product, and no assets)... Lord Overstone said it best. “No warning can save people determined to grow suddenly rich.”


- So is it a PumpNDump if everybody knows it's a PumpNDump -- and they invest in it anyways because they know they can still make a killing if they get out of it in time?

Is it a con if everyone knows it's a con?

When is a con, not a con?

Seems like this used to be clearer......

'The US is out of control and will continue to infringe the rights of privacy'

RT * Published on Jul 9, 2014

A German intel staff has been arrested for spying for the US, the second double-agent exposure in a week. RT asks ex-MI5 officer Annie Machon what NSA is looking for in other countries mobile phone records and will Germans push back against their allies.

- You know, the reporter raised an excellent point. What is the NSA after? Why don't they believe their ally isn't hiding something? Is this about the missing gold?

Or are they just after Anglea's ''selfies?''

China's 'most influential' oligrach swindled by the 'UN' in US

RT * Published on Jul 9, 2014

Chen Guangbiao. He's a Chinese playboy, multi-millionaire, rescue volunteer and on top of that - a global philanthropist. And he certainly knows his worth. According to Chen's business card - he's China's, quote 'most charismatic philanthropist', and the country's most beloved role model... that's amongst many, many other things.

In June, he coughed up thirty thousand dollars to a charity that said it was affiliated with the UN, and promised to give him another title. Imagine his surprise when he found out his certificate was from the United Nation... not the United Nation(s). Chen, had been duped. Unfortunately, he found little sympathy for his plight... given his own history of altruism, as Marina Portnaya explains.

- It is odd to find someone from China who doesn't understand the concept of plural.

WI Lumberjack rescues BLACK BEAR with milk can stuck on head

- Some days you get the can, some days the can gets you.....

Germany missing 45% of its gold 'stored in US'

RT * Published on Jul 7, 2014

Is the world's second largest gold reserve safe with the US? Missing gold bar numbers and an inability to audit the 45% of Germany gold reserve kept in the US Federal Reserve lead to the question if it's still there. RT's Peter Oliver reports.

- Gold?! Smold!! Why you be complaining Germany? Didn't we give you an IOU? Huh? Well, didn't we?

Ancient Caliphates - They're Not What You Think

The Young Turks * Published on Jul 5, 2014

"The Islamic caliphates had a long and glorious run, but in the 21st century, they seemed consigned to history. Simply put, a caliphate is an Islamic state led by a supreme religious and political leader, and it has existed in one form or another for most of the 1,400-year history of Islam.

The collapse of the Ottoman Empire a century ago marked the end of the last caliphate, an extraordinarily powerful one that had survived for more than four centuries.

But on Sunday, the Islamic State of Iraq and Syria declared it was re-establishing a caliphate that will be headed by its shadowy leader, Abu Bakr al-Baghdadi."* The Young Turks host Cenk Uygur breaks it down.

*Read more here from Greg Myre / NPR: http://www.npr.org/blogs/parallels/2014/06/30/326916530/whats-a-caliphate

- In my experience, most religious people have little knowledge or understanding of their religion, it's history, it's culture and traditions, nor the syncretism of their beliefs along side those of other religions of the geographical area in which theirs evolved. Most just believe what they were told.

And then go through life trying to reinforce and re-plaster all the cracks in the narrative.....

'NSA is corrupt. If WE did that we'd be thrown in jail'

RT • Published on Jul 3, 2014

Xmission was among the first internet service providers in America to shield its customers' from the NSA spying. The founder, Pete Ashdown, of the ISO company joins RT for more on the massive surveillance leaks.

- Doublethink: Believing lies are the truth. Double-thinking: Believing that liars are telling you the truth. America: A nation of Double-thinkers.

"The liberties of a people never were, nor ever will be, secure, when the transactions of their rulers may be concealed from them." ~Patrick Henry
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