Mike Krieger Discusses Politics, Economics, And Gold On Keiser Report

Submitted by Tyler Durden on 07/30/2010 11:06 -0500

Mike Krieger, who has been a staple poster at Zero Hedge courtesy of his willingness to speak the truth no matter how gory or controversial, was on the Max Keiser show, discussing everything from trivial items such as Goldman Sachs movie casting, to far more serious issues such as Obama's failed presidency, corporatism, information oligopolies, the overturn of various core fundamental democratic principles, consumer culture, the Federal Reserve, and gold as the one true money standard. As always an objective and highly informative discussion between Mike and Max.

Fast forward to 14 minutes in the clip below for the full Krieger interview.

Your rating: None Average: 4.2 (16 votes)

by Oh regional Indian
on Fri, 07/30/2010 - 11:10
#496342

Is the tide of truthspeakers rising or ebbing?

Is truth objective, subjective or absolute?

Loose lips sink words.

ORI

http://aadivaahan.wordpress.com

by DoChenRollingBearing
on Fri, 07/30/2010 - 11:21
#496372

+ 10

Quite the poet today ORI.

by Oh regional Indian
on Fri, 07/30/2010 - 21:56
#497449

:-) Some days are like that DCB.

Hope your back is better.

ORI

http://aadivaahan.wordpress.com

by Max Hunter
on Fri, 07/30/2010 - 11:36
#496422

I don't think the "truth" is as subjective as some would have us to believe..

by Oh regional Indian
on Fri, 07/30/2010 - 21:55
#497447

True Max, true!

:-)

ORI

http://aadivaahan.wordpress.com

by MeTarzanUjane
on Fri, 07/30/2010 - 11:36
#496427

Truth is the carrot and we are the asses.

by downrodeo
on Fri, 07/30/2010 - 11:41
#496440

Truth has been mutalated and tied to a metal chair in our basement for decades.

by SpiOpsChiwowwow
on Fri, 07/30/2010 - 19:03
#497293

Excellent. Couldn't be more..... true.

by Jake Green
on Fri, 07/30/2010 - 12:44
#496593

Define Truth ORI. What if I disagreed with one of your 'self evident truths', who could we ask to arbitrate the matter?

by Cathartes Aura
on Fri, 07/30/2010 - 13:46
#496676

"truth" is relative Jake, each of the billions alive on the planet in this moment knows some thing(s) to be true. . . and even you know the dis-illusion of a once held truth being proven not so. . .

the best masters teach through provoking self-inquiry, suggesting a thought experiment, a koan:

A riddle with no solution, used to provoke reflection on the inadequacy of logical reasoning, and to lead to enlightenment.

and of course, are met with derision initially.

the ultimate truth is merely acceptance of the myriad of all truths, as they are, as they make up the whole of realised existence, accepted gracefully & then lived.

+++ infinite wisdom, OrI.

by Oh regional Indian
on Fri, 07/30/2010 - 21:59
#497451

Aha CA!

I wrote the Zen part below with-out having read your post.

A smile inducing moment! Great minds....etc.

ORI

http://aadivaahan.wordpress.com

by Oh regional Indian
on Fri, 07/30/2010 - 21:53
#497444

Jake,

Truth is the place you arrive at when all doubt leaves you.

"self" evident. Very important. Evident to the self.

Know thy "self". See?

Zen practice is a good analogy, when the mountain of doubt finally crumbles, you are left in a "place" where all "truths" are "self" evident.

ORI

http://aadivaahan.wordpress.com

by Spitzer
on Sat, 07/31/2010 - 12:12
#497865

Im glad a guy that voted for Obama is not managing my money.

Sorry Mikey but that is just unacceptable

by Jason T
on Fri, 07/30/2010 - 11:14
#496356

Look at the reaction of this rooster!

http://www.youtube.com/watch?v=A43JOxLa5MM

The Animal farm is about to rebel and this guy is calling on the troops to attack the "pigs."

by junoroland
on Fri, 07/30/2010 - 11:15
#496359

"All truth passes through three stages: First, it is ridiculed; Second it is violently opposed; and Third, it is accepted as self-evident."
~Arthur Schopenhauer (1788-1860)

by tpberg7
on Fri, 07/30/2010 - 13:52
#496724

From another famous German:

It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” Joseph Goebbels

by Oh regional Indian
on Fri, 07/30/2010 - 22:01
#497454

Nice Junoro. Another great "truism".

ORI

http://aadivaahan.wordpress.com

by Cult_of_Reason
on Fri, 07/30/2010 - 11:21
#496377

Have you noticed that who ever was manipulating ES this morning knew about Chicago PMI at least ~5 minutes before the release (large buy ES block was activated at 9:41) -- suggesting that the manipulator was someone from the government?

by French Frog
on Fri, 07/30/2010 - 12:06
#496510

i believe that certain 'subscribers' to the Chicago PMI get the number in advance of the 9.45 time: my understanding is that they know about it by 9.42 which would tally timewise with the big move up of the low; this happens every month...

by trav7777
on Fri, 07/30/2010 - 11:21
#496380

Krieger's the douche who voted for Bama because either he believes in fairy tales or else he suffers from terminal whitey guilt? Either way, judgment not worth trusting

by VK
on Fri, 07/30/2010 - 11:30
#496403

Krieger was dissing Gollum! Gollum had soul baby, it was Sauron who was a SOB, so Sauron is Dimon and Saruman is Blankfein.

by Mr Lennon Hendrix
on Fri, 07/30/2010 - 12:00
#496488

I don't feel bad for anyone who voted for Obamatron. Expectations are what kill dreams; that and hope.

by Cathartes Aura
on Fri, 07/30/2010 - 13:37
#496697

indeed!

it is those whose "hope for change" has been so spectacularly dashed that may find a glimmer of reality added to their life, and begin the process of regaining their integrity, stop endlessly looking for someone or something to take care of them. . .

++ here's to dis-illusionment, soon.

by Trundle
on Fri, 07/30/2010 - 12:43
#496588

If Krieger thinks that the citizenry will be able to freely use gold and silver in place of federal reserve notes, then he isn't taking into account the Michigan/Kalamazoo oil spill.

by TreadwCare
on Fri, 07/30/2010 - 13:09
#496644

@trundle, sorry, dense here, friday and the brain is already in shutdown mode. Correlation between alternative PM currency usage and the MI/Kalamazoo spill? You piqued my ignorant interest . . .

by Trundle
on Fri, 07/30/2010 - 15:10
#496939

Numerous counties in Michigan (ancillary to Kalamazoo) relying on gold and silver as part of alternative barter system. Federal Reserve families (including those in possession or control of oil infrastructure in Michigan) simply don't like Darby O'Gill and the Little People running off on them. If they can start the War of 1812, think they can't do a million gallon spill into the Kalamazoo river?

How do you say you spelled intentional clusterfuck?

by Trundle
on Fri, 07/30/2010 - 15:15
#496959

You say you just don't believe that:

http://tinyurl.com/3xu8tuu

by bada boom
on Fri, 07/30/2010 - 11:58
#496446

I wonder what his angle is. Is Krieger just trying to make a name for himself based on change in social conditions? He now criticizes the two party system he just took part in 2 years ago.

by Snidley Whipsnae
on Fri, 07/30/2010 - 12:26
#496553

Krieger is exhibiting intelligence. Intelligent people change their world views as new information becomes available...and/or they have an opportunity to watch for "change they can believe in" and have seen no change that they believe in.

Ignorant people cling to their old beliefs in the face of new and overwhelming evidence that the ignorant choose to ignore. Ignorant people that observe intelligent people changing their views as new facts become known accuse the intelligent of 'waffling on issues'.

I have posted nothing here that has not been known since the Summerian Civilization codified law, developed a modern economy, thought and wrote philosophy, plays, religion, etc.

by bada boom
on Fri, 07/30/2010 - 13:10
#496649

"Ignorant people that observe intelligent people changing their views as new facts become known accuse the intelligent of 'waffling on issues'."

Gerald Celente was and is way ahead of this guy. He is the intelligent one.

by JR
on Fri, 07/30/2010 - 11:48
#496457

Angelo M. Codevilla, in his watershed, explosive piece now rifling through the Internet, nails his charge right on THEIR DOOR and calls them out: THE RULING CLASS.

http://spectator.org/archives/2010/07/16/americas-ruling-class-and-the/print

“What really distinguishes these privileged people demographically is that, whether in government power directly or as officers in companies, their careers and fortunes depend on government.”

Every word in this piece is that direct; here’s a sample:

[A]fter those in power changed their plans from buying toxic assets to buying up equity in banks and major industries but refused to explain why, when they reasserted their right to decide ad hoc on these and so many other matters, supposing them to be beyond the general public's understanding, the American people started referring to those in and around government as the "ruling class."
They think, look, and act as a class… Differences between Bushes, Clintons, and Obamas are of degree, not kind.
Today's ruling class, from Boston to San Diego, was formed by an educational system that exposed them to the same ideas and gave them remarkably uniform guidance, as well as tastes and habits.
[S]peaking the "in" language -- serves as a badge of identity. Regardless of what business or profession they are in, their road up included government channels and government money…
[O]ur ruling class prays to itself as "saviors of the planet" and improvers of humanity…
[M]ost of the voters who call themselves Democrats say that Democratic officials represent them well, only a fourth of the voters who identify themselves as Republicans tell pollsters that Republican officeholders represent them well.
Democratic politicians are the ruling class's prime legitimate representatives and that because Republican politicians are supported by only a fourth of their voters… the ruling class has a party, the Democrats.
Sooner or later, well or badly, that majority's demand for representation will be filled.
Today, few speak well of the ruling class. Not only has it burgeoned in size and pretense, but it also has undertaken wars it has not won, presided over a declining economy and mushrooming debt, made life more expensive, raised taxes, and talked down to the American people.
[O]ur ruling class grew and set itself apart from the rest of us by its connection with ever bigger government, and above all by a certain attitude.
Its attitude is key to understanding our bipartisan ruling class. Its first tenet is that "we" are the best and brightest while the rest of Americans are retrograde, racist, and dysfunctional unless properly constrained.
Our ruling class's agenda is power for itself. While it stakes its claim through intellectual-moral pretense, it holds power by one of the oldest and most prosaic of means: patronage and promises thereof.
[O]ur ruling class's standard approach to any and all matters, its solution to any and all problems, is to increase the power of the government -- meaning of those who run it, meaning themselves, to profit those who pay with political support for privileged jobs, contracts, etc.
[O]ur ruling class is making itself the arbiter of wealth and poverty.
By endowing some in society with power to force others to sell cheaper than they would, and forcing others yet to buy at higher prices -- even to buy in the first place -- modern government makes valuable some things that are not, and devalues others that are. Thus if you are not among the favored guests at the table where officials make detailed lists of who is to receive what at whose expense, you are on the menu.
By making economic rules dependent on discretion, our bipartisan ruling class teaches that prosperity is to be bought with the coin of political support.
The ruling class's manifold efforts to discredit and drive worship of God out of public life…convinced many among the vast majority of Americans who believe and pray that today's regime is hostile to the most important things of all. Every December, they are reminded that the ruling class deems the very word "Christmas" to be offensive.
[T]he ruling class's greatest difficulty -- aside from being outnumbered -- will be to argue, against the grain of reality, that the revolution it continues to press upon America is sustainable. For its part, the country class's greatest difficulty will be to enable a revolution to take place without imposing it. America has been imposed on enough.

by DoChenRollingBearing
on Fri, 07/30/2010 - 12:02
#496493

Thanks for bring us that one to our attention JR.

Looks like a + 100 for you!

by spekulatn
on Fri, 07/30/2010 - 12:06
#496509

+100 for you both.

by spekulatn
on Fri, 07/30/2010 - 12:11
#496518

Codevilla's piece is brilliant after a first read. I purposely avoided all discussions about the piece because, like Frank Costanza, "I like to go in fresh."

http://www.youtube.com/watch?v=t4qxO31AfrI

by trav7777
on Fri, 07/30/2010 - 12:26
#496554

spot-on.

The elite class also conspires to create a stranglehold on all the key jobs and key universities. Then they catch .22 you with the we only hire Yale/Princeton/Harvard shit.

by gmrpeabody
on Fri, 07/30/2010 - 13:12
#496654

Excellent contribution!

by breezer1
on Fri, 07/30/2010 - 11:54
#496475

so max thinks that americans might like tyranny. theres an old saying,' if someone gets kicked in the balls every day and then one day there is no kick they think, hey don't you love me anymore'.

maybe max is right. in lots of places they would be rioting right now. they are in greece. and in iceland. no need to riot here, just get physical.

by Mr Lennon Hendrix
on Fri, 07/30/2010 - 11:59
#496482

It was a poignant interview.

by TooBearish
on Fri, 07/30/2010 - 11:59
#496483

Wait ...didn't Krieger start a Hollywood exchange and sell it to Cantor?

by crzyhun
on Fri, 07/30/2010 - 12:02
#496492

Point, the Admin is for Big Bisness, big time!! Lookie at all the support and money they got from Mr Big. Also, the lobbyist turnstile is for real, right into or out of Big Gov't.

What this Admin and Dearest Leader is not for is free markets or any such for solutions. IT is all gov't imposed, top down, oppression.

GE, BP, or Pharma and unions, etc. all at the trough....as for the rest, it is a big boot on your neck.

by spekulatn
on Fri, 07/30/2010 - 12:04
#496502

1. Freeze the vid @ 16:40

2. Read again trav7777's comment above (whitey guilt bitchez)

3. Have a nice weekend.

by Mr Lennon Hendrix
on Fri, 07/30/2010 - 12:30
#496561

I think that the 'what if McCain had been elected' rhetoric is silly, never mind combative and Hegelian. For starters, the Replubs threw the election just as they did in '96 by having a bumbling old crazy run for Dope in Chief. Secondly, even if someone with rationale had been in the running Diebold could have taken care of that. What did America want for voting for a half African American man from Indonesia anyway? A cookie? Way to go America, you da best!

How about we take our first President's advice, and not have a President? Fuck the Federal Government, the Constitution, and Magna Karta! Rights are inalienable, I don't need some Humpty Dumpty telling me what I can and can't do! We have moral laws to dignify such. Smoke on that!

by Pinky
on Fri, 07/30/2010 - 12:45
#496595

What would have happened if we'd elected McCain . . . HM. Well I know one thing for sure: There would be "birthers" running amok because McCain was born in Panama. I always found that little factoid interesting. No matter who was elected, the powers that be were going to use the citizenship issue like a bunsen burner flame: Turn it up, turn it down in the media, depending.

Nothing would have been different under McCain, except for the fact that McCain's mind is not faring so well these days and those speeches and press conferences would have been painful to watch.

by Cathartes Aura
on Fri, 07/30/2010 - 13:12
#496653

*cough* Raygun. . . I wonder if McCain's wife would deign to lead him about by the hand like Nancy did. . .

I like the way you think Pinky - highlighting the inevitable propaganda story fed to the populace, irrespective of the "team" colours, either actor would produce the same "message". . .

++ wisdom.

by AccreditedEYE
on Fri, 07/30/2010 - 17:13
#497196

Rights are inalienable, I don't need some Humpty Dumpty telling me what I can and can't do! We have moral laws to dignify such.

Amen brother.

by rapunzel
on Fri, 07/30/2010 - 17:02
#496511

DALLAS — The Securities and Exchange Commission has filed suit in New York against famed Dallas billionaire investors and local land owners and philanthropists Sam and Charles Wyly, accusing them, their attorney and their stockbroker of insider trading.

Wylys accused of insider trading 4:41am

S.E.C. Charges Brothers With $550 Million Fraud

http://www.aspentimes.com/article/20100730/NEWS/100739997/1077&ParentPro...

by Fred Hayek
on Fri, 07/30/2010 - 12:12
#496519

The "Progressive Party"?

My god. I guess he couldn't find a more shopworn name with more false connotations to it.

by nontaxpayer
on Fri, 07/30/2010 - 12:13
#496525

yadayadayada

by dondonsurvelo
on Fri, 07/30/2010 - 12:30
#496563

He wants to call the movement Progressive. This guy is an idiot. The Progressives are the Keynesians and the socialists. Obama is a Progressive.

by Trundle
on Fri, 07/30/2010 - 16:11
#497116

A 30-something New Yorker calling himself a progressive starts out as a hose.

by DollarMenu
on Fri, 07/30/2010 - 12:59
#496620

If the generation that Mr. Kreiger identifies himself with, 30+ year olds really thinks that the 2 party system is defective in the ways we know it to be, I think that's a good learning curve for people who were in their late teens or early twenties when Clinton was elected.

It takes time and circumstance to bring politics to personal attention.

The 'choices' route that he speaks of is probably going to be the most effective IMO.

by tpberg7
on Fri, 07/30/2010 - 13:38
#496698

I find it refreshing and encouraging that a thirty-something has experienced the rude awakening of the real world that was foisted upon him by several decades of monstrous propaganda based on the outright lies of liberal learning, and with much success. The audacity of Joseph Goebbels: “If you tell a lie big enough and keep repeating it, people will eventually come to believe it."

by merehuman
on Fri, 07/30/2010 - 13:19
#496666

I am still around, but have taken to ignoring the world more each day.

The garden is going great guns, i can see next year i will be able to feed neighbors as well as myself. Oregon life is still sane and reasonable. Eastcoast folk seem to have their head up their asses. Do they take stupid pills or what..?

I say that because michigan is evacuating folk from the oilspill gasses. But the gulf is a hundred times worse , but thats OKdokey?

Something is extremely wrong with this picture, especially when you add recent reports of internal bleeding. Google it, maybe it wont be suppressed.

Also have not seen the boppity bop since a seafloor eruption 4/5 days ago

And , yes i check the BP site several times a day. And USGS bacause those are next shoe to drop. California EQ very busy today , been ramping up a while now many are making predictations of a big one like yesterday.

I try to stay with whats real. The gulf and the EQs . The market, economy , government and media are a lie and i wont spend much time on it .

Oh and in other news, the rat that has evaded all my traps, well i snuck up on him and clobbered him with a stick. It broke, but i got the fat boy!

Have a lighter day, try my Mantra "fuck it!" and move on.

by saulysw
on Sat, 07/31/2010 - 03:49
#497567

Hahaha.. I like the story of the rat. Like bankers, they get fat and lazy eventually.I have an evasive rat around my chicken coup, so I can identify with this.

I would love to have self sufficiency in food. That would make me sleep better than any gold coin...

by JR
on Fri, 07/30/2010 - 13:41
#496700

The San Francisco Chronicle reports today in City’s High Taxes:

Residents of Bell, where city leaders were among the nation’s highest paid, are paying some of the highest property tax bills in Los Angeles County. Residents of Bell pay bigger bills than Malibu and Beverly Hills, the Los Angeles Times reported Thursday, with the owner of a $400,000 home paying a property tax bill of about $6,200.

(Based on Bell’s just retired-at-55 millionaire manager created by the city of Bell, Robert Rizzo's salary of close to $800,000 will earn him $26 to $31 million dollars in retirement. Bell is one of the poorest towns in Los Angeles County with a population of below 40,000, 90 percent Hispanic with a 17 percent poverty rate. Police Chief Randy Adams earned $457,000. City Council members, save one, earn between $90,000 to $100,000 each annually.)

by tip e. canoe
on Fri, 07/30/2010 - 14:28
#496810

Willie Nelson/Jesse Ventura 2012

time to let the pot smokers take over
(the ones with the courage to admit it that is)

by Cathartes Aura
on Fri, 07/30/2010 - 14:37
#496847

can we get Willie's neighbour Woody Harrelson in to dis-band the military?

He now lives on Maui, Hawaii, in a mostly self-sustained community. Neighbors include Kris Kristofferson and Willie Nelson

ahead of the curve, these folk. . .

http://en.wikipedia.org/wiki/Woody_Harrelson#Personal_life

by tip e. canoe
on Sat, 07/31/2010 - 07:08
#497621

that's jesse the body's job

by merehuman
on Fri, 07/30/2010 - 21:52
#497442

I admit i prefer a bowl over a beer and honesty over sweet lies

by AxiosAdv
on Fri, 07/30/2010 - 15:05
#496926

"Progressive" is a terrible word for him to use.

by AxiusAtlanta
on Fri, 07/30/2010 - 18:43
#497267

this guy manages money ?

probably uses "hope" to pick his stock also.

by theworldisnotenough
on Fri, 07/30/2010 - 20:29
#497358

Ughh. This is terrible. I hear the sound from Charlie Brown when they talk to adults. "Progressive..." gimme a break.

by Fishhawk
on Sat, 07/31/2010 - 00:17
#497521

Mike Krieger is in an interesting spot to be claiming to represent the 'New Progressive' party, being a hedge fund manager and dangerously close to being a member of the moneyed elite. However, his comment that the sheeple are now fully aware of how the Demicans and Republicrats are merely taking turns representing the elite, and are ready for some real change, could be the one wild card in the current collapse. The fact that none of the criminals now looting the country are in jail is pretty clear evidence that the government is the problem. But with the MSM fully bought, real third party candidates are trivialized, while the appointed party apparatchiks are sold like detergent in a media blizzard. Sites like ZH show that there is a growing body of citizens who are alert to the situation, but they are a tiny portion of the registered voters, so I don't see this 'Sheeple's Party' electing any new blood to Congress who will actually start representing the US citizens any time soon.

Meanwhile, the elite are in big trouble, as they got so enthusiastic in their greed that they killed the goose, and the ensuing credit collapse of the previous 39 years of inflationary bubble blowing is going to be so crushing that MSM will not be able to keep the American Dream delusion going for much longer. The previous poster who reports being able to hunt down rats with a stick is the true representative of the newly dis-illusioned citizen. True progressives will ignore Congress, as it will become irrelevant all by itself at the current rate and direction it is moving. Sweden showed us back in the '90's that when over half the population is 'working' for the government, the society and the economy collapse, and it stays collapsed until the people start participating in actual productive work.

by Grand Supercycle
on Sat, 07/31/2010 - 14:39
#498039

Updated DOW charts:

http://stockmarket618.wordpress.com

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