Keiser Report №74: Attacking Bilderberg

Stacy Summary: We look at the scandals of foot massages and Ben Bernanke’s big clown feet. In the second half of the show, Max talks to journalist Micha Kat about the Bilderberg Group’s lawsuit against him.

Growth Revised Down, Bernanke Mulls Options

AssociatedPress--August 27, 2010--The government says economic growth has been weaker than thought, the AP's Mark Hamrick reports that the Federal Reserve chief says he stands ready to help if needed.

A MUST WATCH: Congressman Paul gives an opening statement and questions Ben Bernanke

From Jim Sinclair's JSMineset

It's That Time Of The Month Again: US Prepares To Bleed Over $100 Billion In Debt Next Week - ZeroHedge.com

It's That Time Of The Month Again: US Prepares To Bleed Over $100 Billion In Debt Next Week

http://www.zerohedge.com/article/its-time-month-again-us-prepares-bleed-over-100-billion-debt-next-week


Another week has passed, and it is time for the US to issue another $100+ billion in coupons. The US Treasury has just announced next week's bond issuance calendar, this time 2s, 5s and 7s. This has nothing to do with the weekly issuance in hundreds of billions in Bills: already this month we have redeemed over $400 billion in short-term debt. (And, for purists, it is indeed not a monthly but a bi-weekly event: the US still continues to issue about $200 billion in coupon debt each month).

•July 27 - $38 Billion 2 Year Bonds
•July 28 - $37 Billion 5 Year Bonds
•Jul 29 - $27 Billion 7 Year Bonds
Luckily, Bernanke is on TV preaching hopeful signs, and a faith in the almighty printer, and he will make sure this latest indication of just how very much under control the US budget deficit is, proceeds without a glitch.

Have No Fear About The United States Economy, Helicopter Ben Bernanke Is To The Rescue with his Quantative Easing & Money Printing!

James Turk on King World News July 10, 2010 Weimar Republic & The USA similarities

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/7/10_James_Turk.html

James Turk is Chairman and Founder of Goldmoney.com - James has written “The Freemarket Gold & Money Report,” an investment newsletter since 1987. James has specialized in international banking, finance and investments since 1969. His business career began at The Chase Manhattan Bank (now JP Morgan Chase Bank). He subsequently joined the investment and trading company of a prominent precious metals trader based in Greenwich, Connecticut then moved to the United Arab Emirates to be appointed Manager of the Commodity Department of the Abu Dhabi Investment Authority, a position he held until resigning in 1987. In this interview James discusses Weimar Germany and the comparisons to the United States, the mistakes that Weimar Germany’s Havenstein made, and the similar mistakes Fed Chairman Bernanke is making. This is James Turk at his finest, and he takes listeners on a journey that ultimately hands them the keys to the inflation/deflation question.
Saturday, July 10, 2010
James Turk

Biography from GoldMoney.com
JAMES TURK - FOUNDER

James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His business career began at The Chase Manhattan Bank (now JP Morgan Chase Bank), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a prominent precious metals trader based in Greenwich, Connecticut. He moved to the United Arab Emirates in December 1983 to be appointed Manager of the Commodity Department of the Abu Dhabi Investment Authority, a position he held until resigning in 1987.

Since 1987 James Turk has written The Freemarket Gold & Money Report, an investment newsletter that publishes twenty issues annually. He is the author of two books and several monographs and articles on money and banking. He is the co-author of The Coming Collapse of the Dollar (Doubleday, December 2004), which has been updated for a newly released paperback version, now entitled The Collapse of the Dollar.

Biography from fgmr.com

JAMES TURK - AUTHOR

James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. He began his business career with The Chase Manhattan Bank, with whom he worked for eleven years, principally in the International Department, which included assignments in Thailand, Hong Kong and the Philippines.

From 1980 to 1983, Mr. Turk was with RTB, Inc., the private investment and trading company of a prominent precious metals trader based in Greenwich, Connecticut. He moved to the Middle East in December 1983 to be appointed Manager of the Commodity Department of the Abu Dhabi Investment Authority. In this position, Mr. Turk was responsible for developing and implementing the investment strategies of that organization's portfolios of precious metals. Mr. Turk held this position until March 1987. Since then Mr. Turk has acted as Chief Executive of Greenfield Associates, a firm he established in 1985 to publish his work and to provide investment research and trading advice, principally to investment managers, hedge funds and commodity trading advisors in the United States and Europe. From 1995 to 1999 he was a Director of Lion Resource Management Ltd. of London, England, a firm which was the sub-advisor to the Midas Fund, a publicly listed mutual fund in the United States that invested in the equities of companies involved in the mining and exploration of precious metals.

Mr. Turk is the Founder of GoldMoney, a new electronic currency for use in ecommerce, which is the result of United States patents awarded to him in September 1997 and June 1999. Details are provided at goldmoney.com.

Since 1987 Mr. Turk has written the Freemarket Gold & Money Report, an investment newsletter that publishes twenty issues annually. He is the author of The Illusions of Prosperity (1985), SOCIAL SECURITY Lies, Myths and Reality (1992) and several monographs on money and banking. His articles have appeared in numerous financial publications. He frequently speaks at investment conferences on Gold, money, and the international banking system, and often appears as a featured guest on radio and television. His latest book, The Coming Collapse of the Dollar was published in December

"A Gigantic Ponzi Scheme, Lies and Fraud": Howard Davidowitz on Wall Street

GATA UPDATE!

Ambrose Evans-Pritchard: Bernanke needs fresh money blitz as U.S. recovery falters
Submitted by cpowell on Fri, 2010-06-25 00:25. Section: Daily Dispatches
By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, June 24, 2010

http://www.telegraph.co.uk/finance/economics/7852945/Ben-Bernanke-needs-fresh-monetary-blitz-as-US-recovery-falters.html

http://www.zerohedge.com/article/evans-pritchard-announces-fed-contemplating-5-trillion-qe-expansion

Wall Street Journal patronizes trend toward taking possession of gold
Submitted by cpowell on Thu, 2010-06-24 23:55.
But it's going to bite them and their friends soon enough.

* * *

For Gold Investors Who Want It 'To Go'

By Liam Pleven and Carolyn Cui
The Wall Street Journal
Thursday, June 24, 2010

http://online.wsj.com/article/SB10001424052748704227304575327222324088144.html

» read more | email this story

Fact of The Day

If you have a $100 million dollars in a savings account at current interest rates you would only earn 50 thousand dollars in a year.

To Puzzled Ben Bernake - Gold Now Again Serves As Money by Tony Starka The Editor of The Prudent Investor

http://www.24hgold.com/english/news-gold-silver-to-puzzled-ben-bernanke-gold-now-again-serves-as-m-o-n-e-y.aspx?article=2955741088G10020&redirect=false&contributor=The+Prudent+Investor

Bernanke delivers blunt warning on U.S. debt

http://www.washingtontimes.com/news/2010/feb/25/bernanke-delivers-warning-on-us-debt/

Zero Hedge Articles of Interest

Confirmation Of Chinese IMF Gold Purchasing Intentions?
http://www.zerohedge.com/article/confirmation-chinese-imf-gold-purchasing-intentions

Federal Reserve Balance Sheet Update: Week Of February 25 - Just $45 Billion Left In Quantitative Easing
http://www.zerohedge.com/article/federal-reserve-balance-sheet-update-week-february-25-just-45-billion-left-quantitative-easi

Is Ben Bernanke The Second Coming Of Rudolf von Havenstein, The Central Banker Responsible For Germany's Hyperinflationary Collapse (And Ostensibly WWII)?


http://www.zerohedge.com/article/ben-bernanke-second-coming-rudolf-von-havenstein-central-banker-responsible-germanys-hyperin

Peter Schiff On Fox Business 2/8/10