June 21, 2010 — Scott Bernstein of JMS Seafood on how the oil spill affects his oyster sales.
Monday, June 21, 2010
BP Eyeing Bank Lines of Credit ?
June 21, 2010 — FBNs Charlie Gasparino weighs in on whether the oil giant will look to a bond deal in order to fund relief efforts.
Bankruptcy Would Be Disaster for BP
Gulf Oil Fund Administrator Kenneth Feinberg discusses whether BPs financial responsibilities will steer the company toward bankruptcy.
Public lynching of BP CEO
June 21, 2010 — Thursday BP CEO Tony Hayward made his way to Capitol Hill to get grilled by lawmakers who were hoping to find out the cause of the oil spill that has been devastating the Gulf for the past 8 weeks. The media circus and scene was eerily similar to the frenzy surrounding the grilling of Goldman Sachs executives a few months ago and the big 3 automaker CEOs two years ago. So what's up with America's obsession with the "public execution" of these CEOs?
Deutsch Bank is Bankrupt : Bob Chapman
Extract from the International Forecaster of 16 June 2010 :"US MARKETS
Were it not for the Federal Reserves purchase of Treasury and Agency bonds the US would already be unable to raise funds to service debt and issue new debt, and it would already have descended into national bankruptcy. It is no wonder the Fed does not want to be audited. Through various artifices the Fed has been purchasing US treasury paper. No one knows how much, because when asked the Fed says it is a state secret. That is what all Americans love. A country run in secrecy. A privately owned corporation operating under the cover of secrecy, and protected by a Treasury Department, that is under the control of the Fed’s owners. How is that for an incestuous relationship?
Government is desperately searching for more revenue to cover its massive deficit spending and to service existing mandatory programs. Taxes are being increased; some 19 new taxes, in the recently passed medical reform legislation. Unfortunately this isn’t enough. Of course, there is never enough."
Mr. Robert Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
Were it not for the Federal Reserves purchase of Treasury and Agency bonds the US would already be unable to raise funds to service debt and issue new debt, and it would already have descended into national bankruptcy. It is no wonder the Fed does not want to be audited. Through various artifices the Fed has been purchasing US treasury paper. No one knows how much, because when asked the Fed says it is a state secret. That is what all Americans love. A country run in secrecy. A privately owned corporation operating under the cover of secrecy, and protected by a Treasury Department, that is under the control of the Fed’s owners. How is that for an incestuous relationship?
Government is desperately searching for more revenue to cover its massive deficit spending and to service existing mandatory programs. Taxes are being increased; some 19 new taxes, in the recently passed medical reform legislation. Unfortunately this isn’t enough. Of course, there is never enough."
Mr. Robert Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
Lady Gaga Boycotts BP
Several celebrities, including one huge star, are now boycotting BP. But will a boycott help the crisis?
Max Keiser on Oil Spill: Rewarding Eco-Terror
Max Keiser on Oil Spill: Rewarding Eco-Terror
June 21, 2010 — This time Max Keiser and co-host, Stacy Herbert, look at the latest scandals of financial news presenters speaking in tongues, EU commissioners threatening the return of dictatorships and European fund managers piling into Australian property. Watch the full Episode №53 on Tuesday.BP rig worker reported oil leak weeks before Deepwater Horizon disaster
June 21, 2010 — A rig worker has claimed that he told both BP and the rig operator of a problem with a piece of equipment blamed by many for causing the oil spill in the Gulf of Mexico. He says he gave the warning weeks before the explosion at the rig, and says the problem was not fixed at the time. Tyrone Benton says that he spotted a leak on the rig's Blowout Preventer (BOP), the device that is meant to shut the well down if there is an accident. He told the BBC's Panorama programme that both BP and Transocean, who owned the rig, were informed of the leak, and the faulty part -- a control pod -- was switched off rather than being repaired. This comes as BP announced that the 2 relief wells that are being drilled to stop the oil spill will not be completed until August.
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