RLM News Show Podcast Blog – August 23, 2013

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Bernanke Action Figure  Quotes about the Stock Market

“The main purpose of the stock market is to make fools of as many men as possible.”
Bernard Baruch

“The difference between playing the stock market and the horses is that one of the horses must win.”
Joey Adams

“If stock market experts were so expert, they would be buying stock, not selling advice.”
Norman Ralph Augustine

“Derivatives are financial weapons of mass destruction.”
Warren Buffett

“The Stock Market is Definitely Rigged!! This is pretty out there to see this affect this many stocks at the same time, high-frequency traders are doing anything to tip the odds in their favor.”
Eric Hunsader

“When the policy-making group met last month, it announced Quantitative Easing Forever — an open-ended, money-printing operation that was supposed to thrill Wall Street. That didn’t happen.”
John Crudele

“The stock market is rigged. Lots of people think so. They think the market exists for the benefit of insiders. This is an old complaint, but it seems to hang particularly thick in the air these days.”
Chris Mayer

“High frequency trading on steroids. Nanex spotted the trading activity when 4% of the traffic volume were for orders by a computer algorithm where none of them ended in a single trade. Quite clearly the intention was to move the market in a certain direction. It’s just another example that the whole financial system is rotten to the core.”
Carlos Murphy

These are the links to the stories covered on the RLM News Show – August 23, 2013

Obama DOJ Asks Court to Grant Immunity to George W. Bush For Iraq War
Obama DOJ Asks Court to Grant Immunity to George W. Bush For Iraq War

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Fixing the GDP by Changing the Definition of GDP

Peter Schiff on Yahoo Finance Breakout (8/23/2013)

Links to other Important Stories I didn’t have time to cover on the show

McCain: Syria intervention could be done ‘easily’
McCain: Syria intervention could be done ‘easily’

Brushing Brussels Off: Iceland may drop bid for EU membership

Iceland is thinking of dropping its bid for membership of the EU. The country’s foreign ministry will consider dissolving the special committee which is working on the negotiations. Iceland suspended talks ahead of parliamentary elections in January, and the eurosceptic coalition which took power has never restarted them. For more, RT talks to to Arsaell Valfells, economics professor at the University of Iceland.

Real Talk! Federal Agents Say They Dismantled Anonymous!

Just Be Aware of Youtube Warriors who claim to be connected or leaders!
FBI Agent: We’ve Dismantled The Leaders Of Anonymous

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