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ALiBaBa AND THe GoLDMaN THieVeS...

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Thu, 05/08/2014 - 06:46 | 4738977 falak pema
falak pema's picture

open sesame; where is Aladdin and his lamp?

Wed, 05/07/2014 - 22:53 | 4738472 the grateful un...
the grateful unemployed's picture

i said that should obama be elected his first job (should) be to assemble a brigade of marines and a ship and sail to every caribbean port, march up to the bank, knock on the door and demand they reveal the names and account balances of their customers. if the customer is an american and cannot prove where the money was earned then confiscate it. over a trillion left the country during bush, where is that money? hint its still out there someplace, and bernanke had to print a replacement value or watch the US economy go into deflation (this is not complicated its corrupt as hell) did yellen sound like a half moron to you today? if it wasnt for the need to keep her as a mule for corrupt US government policies she would be teaching (failed) economic theory at some junior college.

Thu, 05/08/2014 - 09:37 | 4739447 Vendetta
Vendetta's picture

THey already went to Switzerland and got them to turn over the account numbers of Americans holding money over there (mostly untaxed no doubt).  It was a huge deal because swiss banks are world reknowned for privacy..... guess what.... once they saw the 'list' they backed off and the story disappeared.  I can only assume the 'list' had a shitload of congress and senate names on it along with a shitload of government people in 'high' (corruption) places..... the story died almost immediately and haven't heard a peep since.

Thu, 05/08/2014 - 08:24 | 4739203 H. Perowne
H. Perowne's picture

Right. Because deflation is BAAAAAAD. Bernake good. Good sheep. Keep on keeping on.

Wed, 05/07/2014 - 22:46 | 4738451 hangemhigh77
hangemhigh77's picture

I'm so SICK of looking at this PRICK'S face.  If I were there I would piss in his mouth.

Wed, 05/07/2014 - 19:15 | 4737705 nmewn
nmewn's picture

I think I'm gonna start up my own pirate crew, "liberate" a ship we helped build anyways and set about making laws to govern our actions & personal behavior, according to our own needs and desires.

That is what this is ;-)

Wed, 05/07/2014 - 18:34 | 4737554 toadold
toadold's picture

"If you walk down that alley you will meet a baba

She'll offer to lick you knoba 

Then she'll bite it off flush 

Take your cash then rush 

Down that alley, Alley Baba"

Wed, 05/07/2014 - 18:17 | 4737514 blindfaith
blindfaith's picture

You think ebay has Chinese SPAM, go to Alibaba and try to find anything. You would be better of finding a minnow in the deep ocean. Alibaba id sorry as can be imagined.

Wed, 05/07/2014 - 22:46 | 4738450 patience...
patience...'s picture

Agreed, if I get a link to them I pass.

Wed, 05/07/2014 - 18:02 | 4737474 Lumberjack
Lumberjack's picture

ENRON-STYLE PRICE GOUGING IS MAKING A COMEBACK

http://america.aljazeera.com/opinions/2014/5/new-england-electricitymark...

 

 

The price of electricity would soar under the latest scheme by Wall Street financial engineers to game the electricity markets.

If regulators side with Wall Street — and indications are that they will — expect the cost of electricity to rise from Maine to California as others duplicate this scheme to manipulate the markets, as Enron did on the West Coast 14 years ago, before the electricity-trading company collapsed under allegations of accounting fraud and corruption.

The test case is playing out in New England. Energy Capital Partners, an investment group that uses tax-avoiding offshore investing techniques and has deep ties to Goldman Sachs, paid $650 million last year to acquire three generating plant complexes, including the second largest electric power plant in New England, Brayton Point in Massachusetts.

Five weeks after the deal closed, Energy partners moved to shutter Brayton Point. Why would anyone spend hundreds of millions of dollars to buy the second largest electric power plant in New England and then quickly take steps to shut it down?

Energy partners says in regulatory filings that the plant is so old and prone to breakdowns that it is not worth operating, raising the question of why such sophisticated energy-industry investors bought it.

The real answer is simple: Under the rules of the electricity markets, the best way to earn huge profits is by reducing the supply of power. That creates a shortage during peak demand periods, such as hot summer evenings and cold winter days, causing prices to rise. Under the rules of the electricity markets, even a tiny shortfall between the available supply of electricity and the demand from customers results in enormous price spikes.

With Brayton Point closed, New England consumers and businesses will spend as much as $2.6 billion more per year for electricity, critics of the deal suggest in documents filed with the Federal Energy Regulatory Commission.

That estimate will turn out to be conservative, I expect, based on what Enron traders did to California, Oregon and Washington electricity customers starting in 2000. In California alone the short-term market manipulations cost each resident more than $1,300, a total burden of about $45 billion. 

-------------

Boy the shit is flying now. I have it on good authority (and past experience) that the pentagon et.al. is threatening or coercing certain public officials to 'change their mind' as was back in 2000.

http://www.pressherald.com/news/Maine_s_public_advocate_reverses_positio...

This gets really good now considering I knew the players back then and see a repeat.

 

Global warming report warns of climate disruption in Maine, New England

http://www.onlinesentinel.com/news/Global_warming_report_warns_of_climate_disruption_in_Maine__New_England_.html

Reaction to the study on Capitol Hill reflected the political polarization over climate change and the dim prospects for any effort to pass sweeping legislation in a divided Congress before November’s elections.

“It is just one more piece of evidence” of man-made climate change, said independent Sen. Angus King of Maine, who is among about two dozen Democratic and independent senators who are pushing the issue. “Eventually, I think the people who don’t want anything to be done are going to get worn down.”
————–
More about King Here:

http://www.themainewire.com/2012/03/developing-king-wind-project-cited-congressional-investigation/

 

I know who is behind this... And yes, it is at the pentagon.

 

 

Wed, 05/07/2014 - 21:22 | 4738192 Bear
Bear's picture

Enron ... Small potatoes compared to the FED

Wed, 05/07/2014 - 19:12 | 4737692 Lumberjack
Lumberjack's picture
W.P. Stewart & Co., Ltd. Announces Appointment to Board of Directors  

http://www.prnewswire.com/news-releases/wp-stewart--co-ltd-announces-app...

 

HAMILTON, Bermuda, Feb. 25 /PRNewswire-FirstCall/ -- W.P. Stewart & Co., Ltd. announced today that Angus S. King, Jr. has been appointed to the Board of Directors of the Company, effective immediately. Mr. King is currently Of Counsel to the law firm of Bernstein, Shur, Sawyer and Nelson and is affiliated with Leaders, LLC, a mergers and acquisitions firm, both groups being headquartered in Portland, Maine.

 

More here:

 

http://www.pressherald.com/news/king-says-attack-on-bank-role-is-off-bas...

 

http://thebollard.com/2012/05/01/the-king-and-me/

 

 

Wed, 05/07/2014 - 19:19 | 4737722 Lumberjack
Lumberjack's picture
  • Energy and the Environment - Angus King | US Senator for ... www.king.senate.gov/.../energy-and-the-environmen...
     
    United States Senate 

    To honor this environmental imperative, our national energy policy must promote the responsible use of domestic resources in a way that promises their ...

  • Grants - U.S. Senator Angus King - U.S. Senate www.king.senate.gov/services/grants
     
    United States Senate 

    Energy Efficiency and Renewable Energy (Department of Energy) ... Most Homeland Security non-disaster grant programs are designated for state and local ...

  • National Security and Defense - Angus King | US Senator ... www.king.senate.gov/.../national-security-and-defen...
     
    United States Senate 

    National Security and Defense. We are at a moment in history when the war in Afghanistan, cyber-attacks, terrorism, regional conflicts, and the proliferation of ...

  • Wed, 05/07/2014 - 19:35 | 4737784 Lumberjack
    Lumberjack's picture
    Angus King suggests he may caucus with GOP if it retakes Senate

    http://www.washingtonpost.com/blogs/post-politics/wp/2014/04/10/angus-ki...

    Wed, 05/07/2014 - 18:02 | 4737472 teslaberry
    teslaberry's picture

    http://www.wired.com/2014/05/movie-posters-animated-gifs/#x

     

    YOU GOTTA CHECK THESE out...pretty decent. 

    Wed, 05/07/2014 - 18:01 | 4737470 RaceToTheBottom
    RaceToTheBottom's picture

    Calling all Muppets!!!!!!

    Wed, 05/07/2014 - 17:51 | 4737440 mccvilb
    mccvilb's picture

    I'll bet Lloyd absofuckinglutely loved this. Do you do bath house murals WB? Expect a commission soon.

    Wed, 05/07/2014 - 17:21 | 4737367 Quantum Nucleonics
    Quantum Nucleonics's picture

    At least it's profitable, which is more than you can say for most/all of the other Tech Bubble 3.0.

    Wed, 05/07/2014 - 16:57 | 4737299 kchrisc
    kchrisc's picture

     

    BEASTIE BOYS LYRICS

    "Rhymin & Stealin"

    ...

    Ali Baba and the forty thieves

    Torching and crakin' and rhymin' and stealin'
    Robbin' and raping - busting two in the ceiling
    I'm wheeling' - I'm dealin' - I'm drinking, not thinking
    Never cower, never shower - and I'm always stinking
    Ho ho ho and a pint of Brass Monkey
    And when my girlie shakes her hips - she sure gets funky
    Skirt chasing, free basing - killing every village
    We drink and rob and rhyme and pillage

    ...

    Wed, 05/07/2014 - 17:03 | 4737318 conspicio
    conspicio's picture

    Well my words are what I'm seeing through my own eyes
    A little vision of the truth in this world of lies
    When it comes to coming off I like to get my fill
    Well I got the skills

    I got the skills to pay the bills
    I got the skills to pay the bills...

    Wed, 05/07/2014 - 18:29 | 4737544 kchrisc
    kchrisc's picture

    No sleep till

    Brooklyn

    Foot on the pedal, never ever false metal

    Engine running hotter than a boiling kettle

    My job ain't a job, it's a damn good time

    City to city, I'm running my rhymes...

    Wed, 05/07/2014 - 16:50 | 4737281 rosiescenario
    rosiescenario's picture

    Another great opportunity to squeeze the shorts, assuming there are any left to squeeze....looks like they need a replacement for that short squeezing vehicle, Tesla....

    Wed, 05/07/2014 - 16:26 | 4737223 ebworthen
    ebworthen's picture

    Alibaba is going to be as big as Facebook, and make a lot of coin for the big boys.

    It could very well be the Pets.com bellwether for Tech Bubble 2.0 that takes down a lot of pensions and funds when SHTF.

    Like I said yesterday:  "It's the Internets!  It's the China!  Buy!".

    It has all the ingredients for a shit crock meatloaf served cold.

    Thu, 05/08/2014 - 05:47 | 4738946 laomei
    laomei's picture

    Except that Alibaba is not only highly profitable, Taobao is the default online marketplace for all of China and currently spreading out internationally.  Buyers and sellers are both protected, there are no listing fees, all sellers have confirmed identities and most have deposits for insurance.  Alibaba is great stuff if you know what you are doing.  And all of this is supplemented with instant live chat to sellers, logs of which are retained for any dispute resolution.  The payment system is escrow by default, and also owned by Alibaba.  The payment system also has opened up day-to-day investing which is essentially money market paying at decent rates and is already the larges such fund in China.  This isn't a "pets.com", sorry, this is a well established company making crazy amounts of money in an incredibly fair way.  There are 3rd parties who will do shopping for non-speakers on taobao... who bothers with ebay? no one, it's dead and a joke.  The US ebay and amazon are, at this point, little more than outlets for alibaba junk at insane markups going through 3rd party vendors who laugh when the sheep actually shell out 1000% the price for the junkiest junk they can find, then turn around and use those proceeds to buy fake reviews.

     

    Wed, 05/07/2014 - 18:01 | 4737469 cougar_w
    cougar_w's picture

    Agreed.

    Thu, 05/08/2014 - 00:00 | 4738638 old naughty
    old naughty's picture

    wait, but they banned bitcoins, no?

    Wed, 05/07/2014 - 15:28 | 4737032 Oracle 911
    Oracle 911's picture

    Great, another creature from some freak-show.

    Wed, 05/07/2014 - 15:05 | 4736983 RocketmanBob
    RocketmanBob's picture

    An appropriate rendering of the biggest of thieves...

    Wed, 05/07/2014 - 23:59 | 4738636 old naughty
    old naughty's picture

    and I heard there are 40 of them, no?

    Do NOT follow this link or you will be banned from the site!