Comments for Lawrence McDonald

Comment on George Soros Says EU Break-Up Would be Catastrophic by konsyltacii

konsyltacii — Mon, 09 Jan 2012 18:59:36 +0000

По-русски:
Одна из проблем современного мира, по моему мнению, состоит в том, что финансовый сектор, имея большой бюрократический аппарат и большие расходы в связи с этим, не может обеспечить на приемлемых условиях финансами реальный сектор экономики, который производит реальные товары. Другой проблемой является отсутствие реальных мегапроектов, способных решить ключевые вопросы современного общества. Осуществление всего нескольких мегапроектов может кардинально изменить ситуацию в мире. Около десятка очень важных мегапроектов уже разработаны, они интуитивно понятны инвестору практически с первых слов. Простота осуществления при минимальных материальных ресурсах и огромный экономический эффект от осуществления этих мегапроектов – фирменный почерк их разработчика. Об этих мегапроектах, возможно, ещё будет писаться в интернете, ключевое слово konsyltacii.

English:
One of the problems of the modern world, in my opinion, is that the financial sector with a large bureaucratic apparatus, that requires a lot of operating expenses, can not to ensure on acceptable terms the finance of real economy that produces real goods. Another problem is the lack of real mega projects, which can solve the key issues of modern society. The implementation of several mega-projects can dramatically change the situation in the world. About a dozen very important mega-projects have already been developed, they are intuitive investor with almost the first words. Easy to implement with minimal material resources and a huge economic effect from the implementation of these megaprojects – brand-handwriting and brand identity of the developer. About these megaprojects, possibly, will be written on the internet a more details, keyword konsyltacii.

http://twitter.com/easypayshop
http://twitter.com/konsyltacii_com
http://easypay-shop.com/index.php?ukey=news

Comment on EU Crisis – Key Dates to Watch by Crisis Eurozona – Fechas clave. | MARC NAVAS

Crisis Eurozona – Fechas clave. | MARC NAVAS — Mon, 09 Jan 2012 11:57:16 +0000

[...] los que os querías apuntar en la agenda algunas fechas que pueden o no ser claves os recopliamos los principales acontecimientos que se producirán en relación a la Crisis de la Eurozona en los próximos meses: Agenda Eurozona: [...]

Comment on EU Crisis – Key Dates to Watch by Agenda y Calendario Crisis Euro en 2012

Agenda y Calendario Crisis Euro en 2012 — Mon, 09 Jan 2012 08:26:12 +0000

Comment on Florida Firestorm: The New GOP Primary Calendar and What It Means for Candidates by znovu.ru

znovu.ru — Wed, 04 Jan 2012 15:23:49 +0000

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Comment on ‘Congress Least Productive Since Great Depression’ by Congress – Least Produtive Year | Free Media Productions - Editorials

Congress – Least Produtive Year | Free Media Productions - Editorials — Tue, 20 Dec 2011 05:21:23 +0000

[...] the recession, Congress has been less productive this year than any other according to Laura Litvan. Congress is ending what may be its least productive year on record after government shutdown [...]

Comment on DC Tripwire: NAT GAS Act: Is The Time Finally Right? by Dan D. Schoolcroft

Dan D. Schoolcroft — Fri, 16 Dec 2011 22:50:57 +0000

Dan D.
As to the post of Brian Kaul?
Oil companies are promoting natural gas!
Haven’t you seen their commercials on tv?

Comment on DC Tripwire: NAT GAS Act: Is The Time Finally Right? by An Update On the Status of the NatGas Act « The CNG Times

An Update On the Status of the NatGas Act « The CNG Times — Wed, 14 Dec 2011 15:37:18 +0000

[...] Courtesy of Lawrence MacDonald and DC Tripwire [...]

Comment on How Lehman Brothers Triggered The AIG Bailout by Ali Yantzi

Ali Yantzi — Tue, 13 Dec 2011 21:27:34 +0000

Completely understand what your stance in this matter:) Although I would disagree on some of the finer details.

Comment on DC Tripwire: NAT GAS Act: Is The Time Finally Right? by donald gotshalk

donald gotshalk — Sat, 10 Dec 2011 16:11:13 +0000

The Ethanol and Coal industries are going to hate this one.
The environmental groups have been bought off by these people for too long.
This is a positive game changer for the consumer, the security of the Country, our children, job creation and the environment.
A negative for OPEC, the Middle East, Islamist extremism, and Iran.

Imagine a bi-partison bill passing through this congress? It shows you that it can be done. Of course it has been happening and is going to happen dispite government interference.
A perfect example of how the 1% or successful, creative, private industry will save this country if the Government would just get out of the way.

Comment on DC Tripwire: NAT GAS Act: Is The Time Finally Right? by Brian Kaul

Brian Kaul — Tue, 06 Dec 2011 22:17:54 +0000

The revenues generated by keeping 2 billion worth of tax dollars a day inside of the united states would create over 500k jobs that would have exponential affect on taxable revenues that these 500k jobs would spend on local companies and real estate which would likely end up paying for itself in the long run. It seems crazy that there is not more support for this bill. As usual, big oil companies and other selfish interests are buying off politicians to prevent the US from passing a bill that would be good for the common American. If this doesn’t pass, our politicians are to blame for being in the pockets of other greedy interests such as big oil. It’s crazy that most of the people I don’t know do not know anything about this bill but they do know of the doom and gloom stories of how terrible fracking is and they do not realize how great this is for our country. If fracking is a problem, it should not have a impact on the passing of this bill because the government should monitor the companies doing the fracking and increase standards on the frackers to make sure they are doing it in a way that does not hurt our economy. If companies do create problems they should get sued and go out of business and then companies that are more responsible will pop up and do the fracking successfully. The arguments against the bill are garbage and this should be a no-brainer for any true american.

Comment on Lehman Catastrophic Moment Invoked as EU Seeks Crisis Solution by preetam

preetam — Mon, 05 Dec 2011 16:51:10 +0000

thanks

Comment on DC Tripwire: NAT GAS Act: Is The Time Finally Right? by Dan G

Dan G — Fri, 02 Dec 2011 13:02:38 +0000

This bill makes so much sense it will have trouble becoming law

Comment on DC Tripwire: NAT GAS Act: Is The Time Finally Right? by George Friedrich

George Friedrich — Thu, 01 Dec 2011 23:13:47 +0000

I live in and on an area where 400 gas wells have been fracked. We have NOT noticed any irregularities.

Comment on Washington Week at a Glance: Oct. 24th – Oct. 28th, 2011 by Kevin Nolan

Kevin Nolan — Sat, 19 Nov 2011 15:08:59 +0000

Revenue increases? Are these a-holes, both sides, afraid to say taxes?

Comment on DC Tripwire: NAT GAS Act: Is The Time Finally Right? by Mary Smith

Mary Smith — Fri, 18 Nov 2011 17:48:27 +0000

Have you looked into the ramifications of fracking?

Comment on DC Tripwire: NAT GAS Act: Is The Time Finally Right? by Jon B

Jon B — Wed, 16 Nov 2011 20:22:31 +0000

This is a no-brainer. Reduce military spending by an equal amount as we won’t need as many troops in oil, I mean foreign lands. I’m all for the military but we should not risk American lives fighting for something we already have in abundance in our own country! The fact that it is cleaner and just as efficient and cheaper are just added bonuses.

Comment on DC Tripwire: NAT GAS Act: Is The Time Finally Right? by todd johnson

todd johnson — Wed, 16 Nov 2011 17:07:40 +0000

Pass this bill congress! America needs thisnow!

Comment on EFSF Fund & Europe’s Bailout by Claude Nougat

Claude Nougat — Mon, 07 Nov 2011 10:40:57 +0000

As always, you are very clear on all the issues, Larry! Great watching you! I agree that the EFSF at 2 trillion is basically talk about leverage. And talk can be misleading when it verses into gossip! At the G20 meeting in Cannes, the BRICS notably did not come forward to support the leveraging/ expansion of the EFSF. Guess they were scared off by the troubling similarities with CDOs.

In the end the EFSF could be smaller or greater than that 2 trillion – and I agree with you that’s the minimum figure needed if it’s to cover needs (300 billions to recap the banks, 1.4 trillions for refinancing needs of Spain and Italy in the near future).

Long run the only solution as one of your colleagues put it, is growth. But that will take time, you’re right, and there’ll be waves of panic no doubt before we get there (and occasions to buy bonds!)

This said, as I argue on my blog, what’s needed for the Euro zone to regain stability is not so much to expand the ESFS as to put in place a REAL Central Bank – put simply: a bank able to do the job a central bank does, i.e. print money when needed. That is something the Euro still hasn’t got. The ECB was conceived as a monetary institution to fight inflation, not as a real central bank. Germany still wants it to do just that – fight inflation even though that battle concerned the past, and is not the issue in the present (there’s some inflation ongoing now – 3% – but the growth rate is so weak that it makes no sense to worry about inflation).

The new ECB head, the Italian Draghi, has made an important move when he immediately lowered the interest rate upon entering office (and managing to do that with the support of the Bundesbank!). But he also said Euro zone governments should put their house in order and actuate the needed reforms – without losing sight of the steps needed for growth. And so they should. And that’s definitely not something the ECB can do for them.

All this will take time. Therefore it would be wise to add stability to the market asap and that’s what Eurobonds could do. The idea has been bandied about for a while now (including from the Italian Economy Minister Tremonti and Juncker) but repeatedly show down by the Germans who are terrified at having to pay more for their bonds. That of course is incredibly near-sighted: if the Euro starts to collapse it’s going to take a lot more money our of German pockets to save it.

In my opinion Euro bonds are a financially elegant solution and they could still be used as a whip to force erring Euro members to toe the line (i.e. you guys don’t get your Euro bonds if you don’t engage in reform).

Of course, that’s just my humble opinion.

Comment on DC Tripwire: NAT GAS Act: Is The Time Finally Right? by paul moser

paul moser — Tue, 01 Nov 2011 22:55:39 +0000

This bill would pave the way for us to start exporting an energy source the world is thirsting for. Building and supporting these terminals would create many good paying jobs and because we have a great reserve of natural gas it would help our deficit in terms of exports. If Obama is truly trying to bring jobs back to this country he would support this bill.

Comment on Another “Lehman Moment” coming? by DavidE

DavidE — Sat, 09 Jul 2011 03:48:10 +0000

The key moment was when Wall Street wouldn’t buy any more subprime mortgages. That sealed the fate of real estate and the subprime lenders such as New Century, Countrywide, Washington Mutual and Lehman Brothers. So I don’t see the Lehman collapse as critical to what happenned. It’s no more relevant than Citigroup or AIG’s huge losses.

Comment on DC Tripwire: NAT GAS Act: Is The Time Finally Right? by Justin

Justin — Mon, 18 Apr 2011 22:31:34 +0000

I’ve been following this issue for a while. This bill is good for the USA. Let’s get it passed!
Informative article. Thank you. (By the way, Senator Orin Hatch is from UT, not NJ.)

Comment on DC Tripwire: NAT GAS Act: Is The Time Finally Right? by Beth Smith

Beth Smith — Thu, 14 Apr 2011 20:29:05 +0000

This bill has no reason not to pass. Just do it!!

Comment on A New World Financial Order: Why is China Buying EU Sovereign Bonds? by Dr. S.A. Visotsky

Dr. S.A. Visotsky — Thu, 31 Mar 2011 12:14:11 +0000

Let China go buy those crappy EU Bonds. That way the can take recent UN traitors, Germany with them, when they go down the tubes later this year. Scenario: US de-values USD, and changes their currency. This single act alone will buy China, along with the US cutting it’s debt ito China by 50% overnight, as most currency swap outs are done at 50% of face value. Germany is on the brink of default anyway with their banking sector teetering on bmassive bankruptcy. After burning their last bridge with the USA last week in a traitorous abstention on a UN Security Council vote, they will have to crawl to China and beg for money. China will sponsor them and get what they want: a Chinese Footprint in the shape of Germany, and the new center of the EU. China will bail out everyone and run the EU Markets and Industry. Think about that.

Comment on After the Quake, Japan’s Debt Crisis to Come by Tom MacNeece

Tom MacNeece — Fri, 18 Mar 2011 10:29:43 +0000

What effect will the repatriation of Japanese funds held abroad have, and will a proportion of these funds be repatriated? The market is gambling that they will, hence the G7 intervention. I have a Japanese wife who has just reached 70. What was true of Japan yesterday is often not true of Japan today – as she constantly points out. There is the added factor that I doubt whether even Warren Buffett bets on currencies.
I have just been watching CNBC in the wake of the G7 decision. There was some scorn, a good deal of scepticism, even some anger. Very briefly, there was an acknowledgement that, as things became clearer, the yen might indeed fall in value. But this was just touched on without being explored as you have done. They wanted to move on quickly. My feeling is that many in the market are going to lose of lot of money because their funds are in the wrong places at the wrong time.
When that occurs, expect some hanky panky over a period of weeks.

Comment on Is Congress Booking A Repatriation Tax Holiday? by Tom MacNeece

Tom MacNeece — Thu, 17 Mar 2011 11:48:46 +0000

To continue – The IMF in 2009 outlined the core principles of how tax havens cranked up the global debt engine by encouraging firms to borrow rather than finance themselves out of equity. A corporation borrows money from offshore, then pays interest on that loan back to the offshore financing company. It then uses the transfer pricing arrangement: the profits are offshore, where they avoid tax and the costs (the interest payments) are onshore where they are deducted against taxes. Private equity companies buy a company created by someone else, load it up with debt, cutting the tax bills and magnifying the returns. But, of course, it is not just the company that loses out if economic circumstances change. The nations involved have lost tax revenue.
The offshore world is a network of influence controlled notably by Britain and the USA. Each network is deeply interconnected with the others. In short, both countries can, if they wish, control their own networks. The governor and the officials in the Caymans are appointed by Britain. Corporations use the British “spiders’ web” extensively. Of Enron’s 881 offshore subsidiaries before it went bust, 692 were in the Cayman Islands, 119 in the Turks and Caicos, 43 in Mauritius and eight in Bermuda.
In December 2008, the US Government Accountability Office (GAO) reported that Citigroup had 427 subsidiaries in tax havens, including 91 in Luxembourg and 90 in the Caymans. News Corporation, the owner of Fox News, had 152 – including 62 in the British Virgin Islands, 35 in the Caymans and 21 in Hong Kong.
Why is Delaware important? Over half of the US publicly traded companies and nearly two-thirds of the Fortune 500 are incorporated here, while the little state hosted 90% of all initial public offerings in the US in 2007. As the author of “Treasure Islands” says: “These corporations don’t have their headquarters there; they are just incorporated there, meaning they follow Delaware’s laws on how companies may organise themselves internally”. It all began in 1899 when the Delaware state government, under pressure from the influential du Pont family, who wanted to incorporate their vast chemical operations. adopted a new permissive business regulation called the General Corporation Law. As other states followed suite, Delaware has generally stayed ahead of the game.
One building in Delaware is today the corporate home, legally speaking, of Ford, General Motors,Coca-Cola, Kentucky Fried Chicken, Intel Corp, Google Inc, Hewlett Packard, Texas Instruments and many others. The special purpose entities behind so many of the toxic CDOs (most of which originate in the Caymans) are not here for the secrecy but for the corporate governance.
I am going to take another break in this “speak your mind” session. If this ever sees the light of day – although it has all appeared in “Treasure Islands” – it will be a miracle.