“What I suggest to you and what I ask you is this, would you not consider taking up the default gauntlet, and in a structured way if necessary saying yes, default is not a negative, default is a positive, because believe me, the markets believe it is inevitable,” Mr Ross said.

Submitted by Sullivan on Tue, 2011-07-19 22:10

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Max Keiser and co-host, Stacy Herbert, look at the political theatre of America's AAA rating in a land where gold is not money and shoplifting is a sign of a strong economy. In the second half of the show, Max talks to Amir Taaki, founder of BitcoinConsultancy, about the peer to peer currency, Bitcoin, and its recent trials and tribulations. 

Submitted by Sullivan on Tue, 2011-07-19 21:49

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Hollywood, Florida is facing a $38 million budget deficit in 2012 and has voted tentatively to increase property taxes and firefighting fees. So the prospect of its redevelopment arm writing off a $1.7 million loan for a Holocaust center is creating some consternation. In 2005, the city gave the center a $50,000 grant for roof repairs, and in 2007 forgave another $500,000 loan for renovations.

Submitted by andie531 on Sun, 2011-07-17 23:10

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Eight out of 90 European banks have failed stress tests on whether they could withstand another financial crisis. None were in Italy - which it hopes might help the country fend off spiraling debt costs, along with the 70-billion-Euro cuts which parliament passed on Friday. But, as RT's Sara Firth reports, there's only so much that can be done before the people take power into their own hands.

Submitted by Sullivan on Sun, 2011-07-17 08:39

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The euro plunged deeper into crisis last night as Greece’s credit rating was slashed to ‘junk’ status – just one notch above default – by another major agency.

Submitted by Sullivan on Thu, 2011-07-14 07:47

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The credit ratings agency Moody’s has downgraded Ireland‘s long-term debt to junk status from Baa3 to Ba1 – the highest junk grade.

Submitted by Sullivan on Tue, 2011-07-12 20:19

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European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis for Monday morning, reflecting concern that the crisis could spread to Italy, the region's third largest economy.

Submitted by Sullivan on Sun, 2011-07-10 20:03

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Max Keiser and co-host, Stacy Herbert, report on selling Greece's sovereignty and Spain's El Gordo. In the second half of the show, Max talks to economist Michael Hudson about the IMF assassins sent in to destroy the Greek economy.

Submitted by Sullivan on Sat, 2011-07-09 11:40

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Greeks have taken to venting their frustration over the country’s economic plight by hurling yoghurt and verbal abuse at ruling socialist legislators.

Submitted by Sullivan on Sat, 2011-07-09 11:16

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Financial markets are braced for renewed turmoil this week amid growing doubts about the complex rescue plan for the debt-burdened Greek economy.

Submitted by Sullivan on Mon, 2011-07-04 11:03

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Demo project Excerpt from War Wealth Politics and Power. The Secret History of the International Bond Market:

Film maker seeks investors / producers for a ground breaking series on the history of politics and banking and commodities from Greco Roman Age to present day with a focus on the powerful families that have dominated each era to the present day.

For inquiries information send an email to: realpolitikfims@gmail.com

Submitted by joeblow on Fri, 2011-07-01 10:29

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Lipsky: 'The euro area needs to strengthen economic governance'

Submitted by Sullivan on Wed, 2011-06-22 22:17

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Publication of suppressed report could undermine efforts to deal with eurozone debt crisis.

Submitted by Sullivan on Wed, 2011-06-22 22:09

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The Greek government has narrowly won a key vote of confidence, allowing the Prime Minister to continue his fight for more cuts. Parliament now has to decide whether to impose austerity measures worth billions of Euro, in order to secure a second EU bailout, a lifeline for the country's paralysed economy.

Submitted by Sullivan on Wed, 2011-06-22 22:04

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This Greek-produced documentary addresses the causes of the Greek debt crisis and offers potential solutions to this crisis that are not currently being considered by the Greek government.  

Submitted by Sullivan on Wed, 2011-06-22 11:17

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With Greece forced to seek a second bail-out to avoid bankruptcy, Open Europe has today published a briefing cataloguing how the eurozone crisis could drive the European Central Bank itself into insolvency, with taxpayers likely to pick up a big chunk of the bill.

Submitted by Sullivan on Tue, 2011-06-14 21:23

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Financial war reporter, Max Keiser, travels to the global financial war. This time, Keiser is in Ireland

Submitted by Sullivan on Sun, 2011-06-12 20:20

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The Finance Ministry argues that without these new painful measures, the sovereign debt will reach 501 billion euros (728.1 billion dollars) or 198 percent of GDP in 2015.

Submitted by Sullivan on Sat, 2011-06-11 22:03

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A must see.

Submitted by Crimes of Zion on Fri, 2011-06-10 18:09

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The accomplishments of the Rothschild's and fellow banksters is nothing short of astonishing.  They have literally got the world to hand them the right to manufacture money out of nothing and then to turn around and lend the mammon back to the world plus usurious interest!  Almost single handedly, this small group of men have dominated the world.  However, in their efforts to dominate the world they have caused extraordinary pain and agony and even potentially the complete destruction of life on earth.

Webpage discovered by Rockclimber!

Submitted by joeblow on Sun, 2011-05-29 14:15

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National Inflation Association co-founder George Hemminger (aka George4Title) exposes his former organization for the pump & dump scams it commits at the direction of its scandal-plagued leader, Jonathan Lebed. GO TO SCHIFFRADIO.COM to listen to the complete interview

Submitted by joeblow on Thu, 2011-05-26 10:50

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The decision of EU finance ministers to soften their opposition to any “restructuring” of Greek debt stoked fresh tension with the European Central Bank as it warned of potential “catastrophe” from such a departure.

Submitted by Sullivan on Thu, 2011-05-19 11:42

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Russia today interview with Ian R Crane on deep geo politics & false flag events, including the smokescreen for seizing Libyan oil, the Bin Laden deception and depopulation in the Gulf of Mexico...

Submitted by joeblow on Thu, 2011-05-12 19:34

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Banks are driving some borrowers who can not pay their debts to suicide, the Master of the High Court warned last night.

Submitted by Sullivan on Thu, 2011-05-12 17:49

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Max Keiser on Irish political talking-heads show

Submitted by Sullivan on Sun, 2011-05-08 21:41

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According to Morgan Kelly, a highly-respected Irish economist, in November 16th 2010, the rarely-altruistic IMF suggested that unguaranteed bonds in failing Irish banks should be given a haircut by an average of two-thirds.  This plan, which would have lessened the penury imposed on the Irish taxpayer, was apparently scuppered by one Timothy Geithner, US Treasury Secretary and Don of the Wall Street Mafia.

Submitted by Sullivan on Sun, 2011-05-08 13:33

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Honohan is accused of 'costliest mistake' ever made by an Irishman

Submitted by Sullivan on Sun, 2011-05-08 09:36

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Economist Colm McCarthy has said that there are "widespread suspicions" that the European Central Bank fostered a run on Irish banks to force the last Government to seek a bailout from the EU-IMF.

Submitted by Sullivan on Sun, 2011-04-24 12:36

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This week has witnessed two very different reactions to European debt. At one end of Europe, Iceland's voters decided once again not to accept the payment terms of their 'creditors', the British and Dutch governments, following the collapse of Icelandic banks in 2008. At the other, Portugal is being pushed down the path of shock therapy by the European Union, with the people of that country cut out of a process which will change their lives dramatically. 

Submitted by Sullivan on Sat, 2011-04-16 09:08

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Several writers have noted the odd fact that the Libyan rebels took time out from their rebellion in March to create their own central bank -- this before they even had a government.

Submitted by Crimes of Zion on Thu, 2011-04-14 17:26

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