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Apr 5, 2014

YouTube | RT has uploaded Keiser Report: Institutionalized Stealing (E584) April 5, 2014.



RT has uploaded Keiser Report: Institutionalized Stealing (E584)

Keiser Report: Institutionalized Stealing (E584)
RT
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss high frequency fraud, picking prices and then filling in the trades to get to that price. In the second half, is the second half of Max's interview with Jim Rickards about his new book, The Death of Money. In this second half, they talk more about mutually assured financial destruction, the US dollar and the danger of insolvency.

Russia increasingly understands its international leverage with oil, gas, and gold: GATA | THE GATA DISPATCH - April 5, 2014..

Russia increasingly understands its international leverage with oil, gas, and gold

Submitted by cpowell on 03:33AM ET Saturday, April 5, 2014. Section: Daily Dispatches
Lawmakers Call on Oil and Gas Producers to Ditch 'Dirty, Bloody Dollar'
From Russia Today, Moscow
Thursday, April 3, 2014
A group of lower house members of Parliament are urging Russian oil and gas producers and traders to stop using the US dollar. They say this means sharing profits with the United States and making Russia vulnerable to Western sanctions.
"The dollar is evil. It is a dirty green paper stained with blood of hundreds of thousands of civilian citizens of Japan, Serbia, Afghanistan, Iraq, Syria, Libya, Korea, and Vietnam," one of the authors of the motion, Mikhail Degtyaryov of the conservative nationalist party LDPR, said in an interview with Izvestia daily.
Degtyaryov also said that Russia already had a bilateral agreement with China allowing payment in national currencies and this proved that such step was possible.
"Our national industrial giants will not suffer any losses if they choose to make contracts in rubles or other alternative currencies," the MP said. "Russia will benefit from that. We should act paradoxically when we deal with the West. We will sell rubles to consumers of our oil and gas, and later we will exchange rubles for gold. If they dont like this, let them not do this and freeze to death. Before they adjust, and this will take them three of four years, we will collect tremendous quantities of gold. Russian companies will at last become nationally oriented and stop crediting the economy of the US that is openly hostile to Russia.
Degtyaryov is known for drafting an official bill banning the US dollar in Russia. He told reporters that this document has been recalled from parliament and amended with a ban on the euro and promised to resubmit the new draft to the lower house in the near future.
On Wednesday the head of leading state-owned bank VTB, Andrey Kostin, also urged Russia to start transitioning to ruble payments with all its trading partners, including China and Western Europe. Kostin also said the switch should begin as soon as possible and that exporting companies should lead the way in adopting the change. According to the banker the plan could help to lower the country's dependency on "the whims of US and EU authorities."
However, industry experts have warned against hasty moves, saying that sometimes the transition to a different currency was simply impossible.
The head of the Trade and Industry Chamber's committee for financial markets, Yakov Mirkin, said that at present the international practice was to calculate oil and gas prices in US dollars as the international reserve currency. "We cannot swim against the current. This is how the whole thing works. Maybe such a thing will be possible in 10 or 15 years, but not today," Mirkin noted.
The head of the public relations department of the Russian state oil corporation Rosneft, Mikhail Leontyev, said that his company was bound by contract obligations and the fast switch to a different currency was simply impossible.

* * *

Bloomberg | Share The View - April 5, 2014.: Cuban Twitter.

bb-logo
SHARE THE VIEW
A quick look at Bloomberg News's opinion section
April 5, 2014For more, visit www.bloombergview.com»
CUBA: 

The Editors: "Rarely is a government program shut down because it is too successful. Yet that is essentially what happened to a U.S. initiative to create a Cuban version of Twitter." Read more 

Raul Gallegos: "The U.S. needs a smarter way to achieve regime change in Cuba. It might start by exporting its best weapon -- capitalism -- instead of engaging in more half-baked covert operations." Read more 

REAL ESTATE: Megan McArdle: "Here's a wrinkle you may not have thought about in Russia's recent Ukrainian adventures: its impact on real estate in New York City, where rich foreigners apparently now account for an astonishing number of purchases."Read more  

OIL: @JonathanWeil (Jonathan Weil): Have you heard the one about fracking and fishing? http://bv.ms/1shR1bH  

MONEY AND POLITICS: "Democrats are vehemently opposed to big money in politics, right?" Francis Barry: "You would certainly think so, listening to the hue and cry that erupted from the left following the Supreme Court's decision in McCutcheon v. Federal Election Commission. ... But given the party's recent history, the Democrats' outrage is a little, um, rich." Read more 

RUSSIA: 

Leonid Bershidsky: "What kind of country is Vladimir Putin's Russia? ... Putin is planning to put the intellectual and ideological foundations of the new regime into words." Read more 

Marc Champion: "The change in European perceptions of Russia caused by its annexation of Crimea feels familiar: It reminds me of what happened to views of the U.S. after its decision to invade Iraq." Read more 

Stephen L. Carter: "The mayor of Yakutsk, Russia, wants Spruce Island back. He claims to have documents that show that the island belonged to the Russian Orthodox Church, and therefore should not have been sold to the U.S. with the rest of Alaska." Read more 

WORK: "Want to be happier when you're old?" Leonid Bershidsky: "Get a job." Read more 

NYT | Today's Headlines - April 5, 2014: Top Headlines: U.S. to Reassess Status of Talks on Middle East.

The New York TimesMost Popular | Video |

Today's Headlines

Saturday, April 5, 2014


Top News
Secretary of State John Kerry at the Morocco Strategic Dialogue in Rabat on Friday.
U.S. to Reassess Status of Talks on Middle East

By MICHAEL R. GORDON and MARK LANDLER

Secretary of State John Kerry said he was flying home to Washington to meet with President Obama to reassess the peace negotiations, and whether there is a path forward.
Fund-raisers for Representative Nancy Pelosi quickly began exploiting a Supreme Court ruling.
Ruling Spurs Rush for Cash in Both Parties

By NICHOLAS CONFESSORE

Fund-raisers are focusing on a group of 500 to 700 donors in both parties who appear to have maxed out their contributions or come close to a cap struck down by the Supreme Court.
. Ruling's Breadth Hints That More Campaign Finance Dominoes May Fall
From left, the Republican senators Ted Cruz, John McCain and Lindsey Graham last week. Mr. Graham faces a primary in June.
Tea Party Aims at Incumbents, but Falls Short

By JONATHAN MARTIN

The Tea Party has nudged Republicans to the right in Congress, but falls short when it comes to recruiting good challengers to take out incumbents.
. G.O.P. Incumbents on the Ballot
For more top news, go to NYTimes.com »

QUOTATION OF THE DAY

"There are limits to the amount of time and effort that the United States can spend, if the parties themselves are unwilling to take constructive steps in order to be able to move forward."
SECRETARY OF STATE JOHN KERRY, on Mideast peace negotiations.
Today's Video
Video VIDEO: 50 Years of the Ford Mustang
It was love at first sight for Fred Glazier, who saw the Ford Mustang at the 1964 World's Fair. Soon after, he bought his own, and he still drives it today.
Video VIDEO: Chocolate Caramel Macarons
Melissa Clark takes the best parts of a French macaron and an American macaroon and creates a sweet sandwich cookie for Passover.
Video VIDEO: Review: 2015 Subaru WRX STI
Budget conscious automotive enthusiasts who worship at the alter of performance know the Subaru WRX STI is an answered prayer.
For more video, go to NYTimes.com/Video »
ADVERTISEMENT
World
An Afghan police officer on Friday killed Anja Niedringhaus, shown in Rome in 2005.
Covering Afghan Vote, Until Shot by an Ally

By MATTHEW ROSENBERG and FAROOQ JAN MANGAL

Anja Niedringhaus, a Pulitzer Prize-winning photographer for The Associated Press, was attacked in eastern Afghanistan as she traveled to cover preparations for the presidential vote.
. We Were Just Laughing: Days With Anja Niedringhaus and Kathy Gannon
. Lens: Remembering Anja Niedringhaus
Steve Wang is staying at the Lido Hotel in Beijing as he seeks answers about Flight 370, which vanished with his mother on board.
Lingering Hope vs. Onset of Grief Over Lost Flight

By EDWARD WONG

Two sons of passengers on Flight 370 have chosen different ways to cope: One holds vigil with other passengers' relatives, while the other is assuming the worst.
Salim Ansari was taken on Friday into a Mumbai court, where he and two other men were sentenced for rape under strict new provisions that resulted from a series of high-profile cases.
3 in India Sentenced to Death for 2 Rapes

By MANSI CHOKSI and GARDINER HARRIS

The three men were sentenced under the strict provisions of a new law in India that has caused unease even among some women's advocates.
. India Ink: Reactions to Death Sentences
For more world news, go to NYTimes.com/World »
U.S.
Portraits of (clockwise from bottom left) former  President Nicolas Sarkozy of France, Prime Minister Stephen Harper of Canada, the crown prince of Abu Dhabi, Mohammed bin Zayed, and the former president of South Korea, Lee Myung-bak. All were painted by former President George W. Bush.
Bush Frames His Views of Foreign Leaders
The world's most distinctive gallery of world leaders, the work of George W. Bush, who took up painting after he left office, opens in Dallas on Saturday.
A show of support for soldiers at Fort Hood outside the base in Killeen, Tex., on Friday.
Dispute Over Leave Agitated Ft. Hood Soldier Before Shooting

By MANNY FERNANDEZ

Specialist Ivan Antonio Lopez, who shot almost 20 fellow soldiers, had been denied leave by his superiors, a law enforcement official said.
Joseph Corsbie was haunted for decades by ashes that his father received from a survivor of the Dachau concentration camp and later passed on to him.

ON RELIGION

A Resolution at Last for a Father's Unsettling Legacy

By SAMUEL G. FREEDMAN

Ashes from Dachau were pressed from hand to hand with an admonition. Forgetting was impossible, but so was deciding what to do with them.
For more U.S. news, go to NYTimes.com/US »