Charlie Rose

vongleichent  04/06/2013 07:50 AM Report

Finally we got to the point which is the FED. After all it's all about what the central banks are doing. Right now it's printing money like crazy.

charliesheep  03/28/2013 08:34 PM Report

GREAT VODKA; THOSE RUSSIANS, BUT DON'T CUT THEM OFF AT THE BANK! OR IT SHALL BE CURTAINS FOR ALL!

SharkswithfrikingLazers  03/25/2013 02:54 PM Report

WEAPONS FOR SYRIA?

€20 BILLION OF CYPRUS’ €70 billion DEPOSITED FROM RUSSIAN BAD GUYS?

"For one thing, Cyprus has been letting Russia use it to funnel weapons to the Syrian regime, in flagrant violation of an E.U. embargo against the country. But it also has allowed Russian companies to set up Cypriot subsidiaries which can evade Russia’s heavy taxes on companies that earn money abroad. That has provoked accusations that Cyprus is turning into a haven for Russian tycoons who want to launder dirty money. According to German intelligence, at least €20 billion of Cyprus’ €70 billion in bank deposits come from Russia, much of it from the country’s “oligarchs” who got rich through quasi-legal means in the chaos that followed the Soviet Union’s collapse."

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/03/18/everything-you-need-to-know-about-the-cypr us-bailout-in-one-faq-2/

Gelles  03/20/2013 09:37 PM Report

I thank Charlie Rose for making the issues of global capitalism the topic of his Show these past few days and even longer.

The issues are full employment of labor and full balancing of demand to supply in the matter of pricing and requisite business profit for the global macro economy to track our potential growth in minimum and median wealth over the next decades and centuries.

Singularity University, a venture between NASA and billionaires from the West Coast of the United States, predicts the end of scarcity as a result of revolutions in information, biology, and materials sciences--currently in their infancy.

These revolutions have not been mimicked by law and economics, or by diplomacy and war-planning. These remarkable changes in the nature of logistics and finance have not been recognized by academics or politicians. Keynes and Lerner advised us what to do: BALANCE MONETIZED DEMAND TO PREDICTABLE AUTOMATED SUPPLY.

Think of this fact: ordinary people see machinery for production and supply as thrilling and promising of nothing but good fortune in the years ahead. We will have abundant sun and atomic energy; we will develop carbon based materials more marvelous than diamond rings and stealth bombers; we will have endless water from solar electric sources and endless mechanical brains from biology and mathematics. But where do we create the money to natch this output? We persist in allowing debt to define our money and always come up short.

We do not need to re-try communist or fascist models. These rigid police state adventures killed the spirit of democracy. That spirit must be reborn.

Nothing less than a second American Revolution is required to re-install Benjamin Franklin as a voice of freedom wed to science.

It is up to Barack Obama to see the promise he owes to the global poor from whom he sprung.

He has to work with continental nations, like Europe, Russia, China-Japan, India, Latin America and Africa, no matter that they do not exist except in Geography books, until we reform the United Nations to reduce the corruption at its core. It recognizes nations that do not have protected human rights.

Benjamin Franklin knew money had to cover demand as well as the supply of necessary goods and services. He was unafraid of learning.

A global minimum income is a pressing practical need at the moment. That income must become our birthright if we are to conquer debt and ignorance. Competition for luxuries can be retained for a while.

American military power is the only thing keeping the world from blowing apart at this very hour. If Obama does not see this, he ought to resign. But of course he does see it. And he has used it to some extent.

He needs a by-partisan cabinet with people who love the best future anyone can imagine. This calls for end of wage-slavery and unrecorded costs of pollution and legacy inefficiencies. Utopia and dystopia are our choices. Failure to chose means dystopia will be our fate.

SharkswithfrikingLazers  03/20/2013 06:16 PM Report

BRILLIANT!!!

According to Moody’s ratings agency, Russians keep $19 billion in Cypriot banks, nearly as much as Cyprus’ entire GDP. Russian banks have an additional $12 billion invested and have loaned another $40 billion to Cypriot companies of Russian origin.

Yes, find where people are stashing money obtained illegally and tax it and if they then try to close the account and run away--double tax it.

Justice and financial recovery on the backs of crooks.

Now to Switzerland.

REMant  03/20/2013 12:42 PM Report

No matter the uniqueness of Cyprus, the attitude among the MIT graduates inhabiting the boardrooms of the world's central banks today, seems to me to be not much different. They have always sanctioned fiat money, which means they already dip into everyone's pockets to "insure" the banking system, and I really have little doubt they would exhibit no compunction about going further for the same objective, tho they might not be so impolitic as to actually seize property, nor would they likely view it as necessary, since they can always print more money to reach the same objective, the more so because they've long since convinced themselves that it's never going to be necessary, as printing money always leads to "growth." And you wonder why we are still in a worldwide financial crisis? And the IMF is not, of course, a central bank.

IMHO, since we seem to be repeating all the mistakes of the 1920s and 30s, we are very likely to see another 1937, and maybe even another 1939.

Since when is resilient a synonym for crazy?