# Israel to Bomb Iran Nothing to See Here Folks Just Shooting Moose... > Military tensions escalate in the Black Sea as the United States readies a massive federal bailout to prevent a total collapse of the global housing market. - **Show:** [The No Agenda Show](https://search.noagendashow.net/index.md) - **Episode:** 46 - **Published:** 2008-09-06 - **Length:** 1h 27m - **Topics:** Israel Iran Strike, Fannie Mae Bailout, Georgia Conflict, Gazundering, [Sarah Palin](https://search.noagendashow.net/topic/sarah-palin.md), [Large Hadron Collider](https://search.noagendashow.net/topic/large-hadron-collider.md), Silver State Bank - **Web page:** https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose ## About this episode Israel prepares for a potential long-range strike on Iranian nuclear facilities using Georgian airfields as a tactical staging ground. Vice President Dick Cheney recently visited Tbilisi to pledge $1 billion in aid, signaling a deeper military commitment to NATO-aligned nations bordering Russia. These maneuvers coincide with reports of Israeli jets and Virginia-based private contractors training Georgian commandos for over a year. The United States Treasury readies a massive federal bailout for Fannie Mae and Freddie Mac as the global economy faces a $800 trillion derivatives risk. In the United Kingdom, Chancellor Alistair Darling warns of the worst economic climate in 60 years while the practice of gazundering—buyers slashing offers by 30% at the last minute—destabilizes the British housing market. Meanwhile, Andrew McCain resigned from the board of Silver State Bank just days before its collapse, and China faces internal pressure to print currency to combat a 12% inflation rate. Adam Curry and John C. Dvorak dissect the bizarre naming conventions of the Sarah Palin family and the perceived failure of the Bill Gates and Jerry Seinfeld Microsoft commercials. The Large Hadron Collider prepares for its first run in Geneva despite legal attempts to halt the project over black hole fears. The show concludes with an analysis of Barack Obama's interview with Bill O'Reilly and the rise of health surcharges in San Francisco restaurants. ## Chapters Each chapter's transcript is at its own link. The whole transcript is at https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/transcript.md. ### 1. Atlantic Storms, Earthquake Patterns and Carmel Visions (0:02–4:38) Adam Curry and John C. Dvorak discuss recent extreme weather including Atlantic storms and a series of hurricanes hitting Florida. They examine earthquake tracking via the USGS website, noting that Dvorak's wife has successfully predicted seismic events by studying daily patterns. A specific vision regarding Carmel, California, leads to a description of the town as a pristine tourist trap formerly led by Mayor Clint Eastwood. Keywords: atlantic storms, [hurricanes](https://search.noagendashow.net/topic/hurricanes.md), [usgs](https://search.noagendashow.net/topic/usgs.md), [earthquakes](https://search.noagendashow.net/topic/earthquakes.md), [carmel](https://search.noagendashow.net/topic/carmel.md), [clint eastwood](https://search.noagendashow.net/topic/clint-eastwood.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/1.md) ### 2. Gazundering and the UK Housing Market Collapse (4:40–6:57) The term "gazundering" has emerged in the Financial Times as the counterpart to "gazumping" within the British property market. While gazumping involves a seller taking a higher offer at the last minute, gazundering occurs when buyers lower their offers by up to 30% just before closing. This practice is becoming rampant as the UK housing market lacks the escrow protections found in the United States. Keywords: gazundering, gazumping, [financial times](https://search.noagendashow.net/topic/financial-times.md), [housing market](https://search.noagendashow.net/topic/housing-market.md), [real estate](https://search.noagendashow.net/topic/real-estate.md), [united kingdom](https://search.noagendashow.net/topic/united-kingdom.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/2.md) ### 3. California Real Estate Trends and Buyer Psychology (6:57–9:37) California property prices have dropped at least 25%, yet potential buyers remain hesitant to enter the market. Herd mentality often drives consumers to flock to seller's markets while disappearing during buyer's markets when selection is high. Despite the difficulty in obtaining mortgages, current conditions offer a rare opportunity for those with stable financing to choose premium properties at lower costs. Keywords: [california](https://search.noagendashow.net/topic/california.md), [real estate](https://search.noagendashow.net/topic/real-estate.md), [housing bubble](https://search.noagendashow.net/topic/housing-bubble.md), [mortgages](https://search.noagendashow.net/topic/mortgages.md), buyer psychology, [herd mentality](https://search.noagendashow.net/topic/herd-mentality.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/3.md) ### 4. Bubba Martin and No Agenda Show Notes (9:38–10:13) Bubba Martin receives credit for producing the show notes for the No Agenda podcast. His work is hosted at dvorak.org/cagematch, a site that currently attracts approximately half a million page views per month. Keywords: [bubba martin](https://search.noagendashow.net/topic/bubba-martin.md), [show notes](https://search.noagendashow.net/topic/show-notes.md), [dvorak.org](https://search.noagendashow.net/topic/dvorak-org.md), [cage match](https://search.noagendashow.net/topic/cage-match.md), website traffic [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/4.md) ### 5. Fannie Mae and Freddie Mac Federal Bailout (10:13–11:04) The United States government is preparing a massive bailout for Fannie Mae and Freddie Mac to be announced on a Monday morning. Concerns remain regarding the potential unwinding of $800 trillion in derivatives. This federal intervention marks a significant shift in the ongoing financial crisis. Keywords: [fannie mae](https://search.noagendashow.net/topic/fannie-mae.md), [freddie mac](https://search.noagendashow.net/topic/freddie-mac.md), [bailout](https://search.noagendashow.net/topic/bailout.md), [derivatives](https://search.noagendashow.net/topic/derivatives.md), [u.s. treasury](https://search.noagendashow.net/topic/u-s-treasury.md), [federal reserve](https://search.noagendashow.net/topic/federal-reserve.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/5.md) ### 6. Falling Oil Prices and China Inflation Concerns (11:06–12:57) Crude oil prices are dropping rapidly, leading to a steady decline in gasoline costs at American pumps. Simultaneously, reports suggest China's sovereign wealth fund is depleted, leading to internal discussions about using printing presses to generate cash. This move is considered risky given China's existing 12% inflation rate. Keywords: [oil prices](https://search.noagendashow.net/topic/oil-prices.md), [gasoline](https://search.noagendashow.net/topic/gasoline.md), [china](https://search.noagendashow.net/topic/china.md), [sovereign wealth fund](https://search.noagendashow.net/topic/sovereign-wealth-fund.md), [inflation](https://search.noagendashow.net/topic/inflation.md), printing presses [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/6.md) ### 7. Republican National Convention and Hurricane Gustav Media Coverage (12:57–15:39) The Republican National Convention was largely overshadowed by media coverage of Hurricane Gustav, which some characterize as a "media dud." Beyond politics and Sarah Palin's debut, news cycles are focusing on a looming food crisis and shortages of specific items like fruit at big-box grocers. Agricultural states like California remain less affected by these immediate supply issues. Keywords: [rnc](https://search.noagendashow.net/topic/rnc.md), hurricane gustav, [sarah palin](https://search.noagendashow.net/topic/sarah-palin.md), [food crisis](https://search.noagendashow.net/topic/food-crisis.md), grocery shortages, [media coverage](https://search.noagendashow.net/topic/media-coverage.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/7.md) ### 8. Eurozone Recession and Global Currency Shifts (15:41–18:43) Chancellor Alistair Darling warned that the United Kingdom is facing its worst economic climate in 60 years. The broader Eurozone is entering a recession as the European Central Bank ceases its massive lending programs to private banks. Meanwhile, the Russian government has intervened to stop the ruble from dropping following a $50 billion capital flight triggered by the Georgian conflict. Keywords: [eurozone](https://search.noagendashow.net/topic/eurozone.md), [recession](https://search.noagendashow.net/topic/recession.md), [alistair darling](https://search.noagendashow.net/topic/alistair-darling.md), [european central bank](https://search.noagendashow.net/topic/european-central-bank.md), [russian ruble](https://search.noagendashow.net/topic/russian-ruble.md), [currency exchange](https://search.noagendashow.net/topic/currency-exchange.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/8.md) ### 9. Brookstone Gadgets and Roomba Vacuum Performance (18:43–21:22) Brookstone is identified as a high-end utility retailer that survived the retail downturn that claimed Sharper Image. Discussion focuses on the functionality of the Roomba and other iRobot products, such as floor washers. While some view the devices as expensive rug sweepers, owners generally report high satisfaction with their automated cleaning performance. Keywords: brookstone, [gadgets](https://search.noagendashow.net/topic/gadgets.md), sharper image, [roomba](https://search.noagendashow.net/topic/roomba.md), [irobot](https://search.noagendashow.net/topic/irobot.md), floor cleaners [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/9.md) ### 10. Large Hadron Collider and the Lisbon Treaty (21:24–23:45) The Large Hadron Collider in Geneva is scheduled to begin operations, despite lawsuits in America and Europe attempting to stop the project over fears of black hole creation. French President Nicolas Sarkozy is reportedly using the conflict in Georgia to advocate for the Lisbon Treaty. Proponents argue the treaty is necessary to form a unified European army and a stronger front against aggressors. Keywords: [large hadron collider](https://search.noagendashow.net/topic/large-hadron-collider.md), [cern](https://search.noagendashow.net/topic/cern.md), [geneva](https://search.noagendashow.net/topic/geneva.md), black holes, [nicolas sarkozy](https://search.noagendashow.net/topic/nicolas-sarkozy.md), [lisbon treaty](https://search.noagendashow.net/topic/lisbon-treaty.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/10.md) ### 11. Dick Cheney Diplomatic Mission to Georgia and Ukraine (23:45–25:20) Vice President Dick Cheney visited Georgia and Ukraine to pledge a billion dollars in aid and discuss energy pipelines that bypass Russia. This aid is characterized as a credit line likely to be spent with American defense contractors like Halliburton. The mission signals a commitment to selling arms to NATO-aligned countries bordering Russia. Keywords: [dick cheney](https://search.noagendashow.net/topic/dick-cheney.md), [georgia](https://search.noagendashow.net/topic/georgia.md), [ukraine](https://search.noagendashow.net/topic/ukraine.md), [nato](https://search.noagendashow.net/topic/nato.md), [halliburton](https://search.noagendashow.net/topic/halliburton.md), energy pipelines [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/11.md) ### 12. Sarah Palin Family Names and Trig Palin (25:21–26:08) The naming conventions of Sarah Palin's children, including Trig, Willow, and Bristol, are scrutinized. The name Trig is speculated to be a reference to trigonometry or a "trigger," while other names in the family are compared to hippie or biblical naming traditions. Keywords: [sarah palin](https://search.noagendashow.net/topic/sarah-palin.md), [trig palin](https://search.noagendashow.net/topic/trig-palin.md), [bristol palin](https://search.noagendashow.net/topic/bristol-palin.md), willow palin, [baby names](https://search.noagendashow.net/topic/baby-names.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/12.md) ### 13. Israeli Military Presence and Georgian Commando Training (26:09–28:54) Reports indicate that U.S. military personnel and private contractors from Virginia-based firms have been training Georgian commandos for over a year. Rumors also circulate regarding Israeli jets being positioned at airfields in Georgia. These developments suggest the recent conflict in the region was preceded by significant international military coordination. Keywords: [israel](https://search.noagendashow.net/topic/israel.md), [georgia](https://search.noagendashow.net/topic/georgia.md), [military training](https://search.noagendashow.net/topic/military-training.md), [blackwater](https://search.noagendashow.net/topic/blackwater.md), commandos, [tbilisi](https://search.noagendashow.net/topic/tbilisi.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/13.md) ### 14. Potential Israeli Air Strike on Iran via Georgia (28:54–32:33) Speculation arises regarding a potential Israeli air strike on Iranian nuclear facilities using Georgia as a staging ground. By flying over Azerbaijan and the Caspian Sea, Israeli bombers could reach Tehran in approximately 550 miles while avoiding Iraqi airspace. Such a mission would likely utilize bunker-buster bombs rather than nuclear weapons. Keywords: [iran](https://search.noagendashow.net/topic/iran.md), [israel](https://search.noagendashow.net/topic/israel.md), air strike, [caspian sea](https://search.noagendashow.net/topic/caspian-sea.md), [tbilisi](https://search.noagendashow.net/topic/tbilisi.md), [tehran](https://search.noagendashow.net/topic/tehran.md), [bunker busters](https://search.noagendashow.net/topic/bunker-busters.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/14.md) ### 15. October 14th UFO Prediction and Southern Hemisphere (32:35–35:12) A viral internet prediction claims a large extraterrestrial vessel will appear over the Southern Hemisphere on October 14th. While the claim is dismissed as the work of "crackpots," the specific date has gained traction across YouTube and various blogs. Skeptics anticipate elaborate excuses from proponents when the event fails to materialize. Keywords: [ufo](https://search.noagendashow.net/topic/ufo.md), flying saucer, [southern hemisphere](https://search.noagendashow.net/topic/southern-hemisphere.md), october 14, [crackpots](https://search.noagendashow.net/topic/crackpots.md), [aliens](https://search.noagendashow.net/topic/aliens.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/15.md) ### 16. Dutch Intelligence and European Military Humor (35:13–37:13) The withdrawal of Dutch intelligence operatives from Iran is discussed alongside common European jokes regarding the size and efficacy of the Dutch and Belgian militaries. These anecdotes often mock the perceived lack of resources or small scale of these nations' armed forces. Keywords: dutch intelligence, belgian army, military jokes, [secret service](https://search.noagendashow.net/topic/secret-service.md), [espionage](https://search.noagendashow.net/topic/espionage.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/16.md) ### 17. Karl Rove Speech Analysis and Political Fashion (37:14–39:01) Karl Rove is praised for his "deconstructionist" ability to analyze political speeches paragraph by paragraph on Fox News. Separately, fashion designers have begun critiquing the campaign styles of Sarah Palin, Cindy McCain, and Michelle Obama, noting Palin's intentional "Midwestern" aesthetic and signature glasses. Keywords: [karl rove](https://search.noagendashow.net/topic/karl-rove.md), [john mccain](https://search.noagendashow.net/topic/john-mccain.md), [sarah palin](https://search.noagendashow.net/topic/sarah-palin.md), [michelle obama](https://search.noagendashow.net/topic/michelle-obama.md), fashion design, speech deconstruction [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/17.md) ### 18. San Francisco Restaurant Health Surcharges (39:01–40:40) Restaurants in San Francisco have begun implementing a 3.5% "health and welfare surcharge" on customer receipts to cover the costs of new union contracts. This fee is added on top of standard sales tax and gratuities. Critics argue the floating percentage fee is inappropriate since worker benefits are typically fixed costs. Keywords: [san francisco](https://search.noagendashow.net/topic/san-francisco.md), health surcharge, [unions](https://search.noagendashow.net/topic/unions.md), restaurant tax, labor costs [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/18.md) ### 19. Bill Gates and Jerry Seinfeld Microsoft Commercials (40:41–44:25) A new series of Microsoft advertisements featuring Bill Gates and Jerry Seinfeld has received widespread criticism for being "pointless" and "embarrassing." The ads lack clear branding for Windows Vista and are viewed by some as an unnecessary ego trip for Gates. Critics compare the performance to Seinfeld "faxing it in" without the creative structure usually provided by Larry David. Keywords: [bill gates](https://search.noagendashow.net/topic/bill-gates.md), [jerry seinfeld](https://search.noagendashow.net/topic/jerry-seinfeld.md), [microsoft](https://search.noagendashow.net/topic/microsoft.md), vista, [advertising](https://search.noagendashow.net/topic/advertising.md), [commercials](https://search.noagendashow.net/topic/commercials.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/19.md) ### 20. Larry David and Curb Your Enthusiasm Structure (44:25–46:49) The improvisational nature of Larry David's "Curb Your Enthusiasm" is contrasted with the tightly scripted success of the original Seinfeld series. While David is recognized as the "real brains" behind Seinfeld, the lack of structure in his current work is described as bothersome by some viewers who prefer traditional narrative arcs. Keywords: [larry david](https://search.noagendashow.net/topic/larry-david.md), [curb your enthusiasm](https://search.noagendashow.net/topic/curb-your-enthusiasm.md), [seinfeld](https://search.noagendashow.net/topic/seinfeld.md), [ad-lib](https://search.noagendashow.net/topic/ad-lib.md), [television production](https://search.noagendashow.net/topic/television-production.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/20.md) ### 21. Internet Bandwidth Metering and Infrastructure Costs (46:50–49:40) The debate over internet bandwidth metering continues, with arguments that a metered system would actually lower bills for average users. Maintaining high-speed infrastructure requires massive investment in routers and switches at exchange points. As data consumption for movies increases, the "all-you-can-eat" model becomes unsustainable for ISPs facing real transit and peering costs. Keywords: [bandwidth](https://search.noagendashow.net/topic/bandwidth.md), metering, [isp](https://search.noagendashow.net/topic/isp.md), [routers](https://search.noagendashow.net/topic/routers.md), [infrastructure](https://search.noagendashow.net/topic/infrastructure.md), [net neutrality](https://search.noagendashow.net/topic/net-neutrality.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/21.md) ### 22. IPTV Business Models and Content Aggregation (49:40–53:31) ISPs are expected to begin acquiring content providers to bring data inside their own networks, reducing transit costs. While technology for IPTV exists, a viable business model for high-definition global distribution remains elusive. The challenge lies in creating enough revenue to sustain professional production while managing the high cost of Content Delivery Networks (CDNs). Keywords: [iptv](https://search.noagendashow.net/topic/iptv.md), [comcast](https://search.noagendashow.net/topic/comcast.md), content aggregation, [google](https://search.noagendashow.net/topic/google.md), [streaming](https://search.noagendashow.net/topic/streaming.md), business models [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/22.md) ### 23. Satellite Distribution vs. Internet Content Costs (53:31–56:24) Satellite television remains a more efficient distribution mechanism than the internet because one uplink serves an entire audience without incremental costs per viewer. In contrast, internet distribution via CDNs can cost up to 40 cents per gigabyte, making the delivery of a 7GB high-definition episode prohibitively expensive for independent broadcasters. Keywords: [satellite tv](https://search.noagendashow.net/topic/satellite-tv.md), [dish network](https://search.noagendashow.net/topic/dish-network.md), [cdn](https://search.noagendashow.net/topic/cdn.md), [bandwidth costs](https://search.noagendashow.net/topic/bandwidth-costs.md), [stockholm](https://search.noagendashow.net/topic/stockholm.md), [distribution](https://search.noagendashow.net/topic/distribution.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/23.md) ### 24. Internet Architecture and Proxy Server Failures (56:24–1:00:13) Internet architects are exploring new congestion algorithms to solve the inefficiency of sending multiple copies of the same file to different users. Previous attempts to use large-scale proxy servers often failed due to technical glitches and the sheer volume of modern media assets. The future may involve ISPs "caching" popular content within their own networks to manage economic pressures. Keywords: internet architecture, proxy servers, [caching](https://search.noagendashow.net/topic/caching.md), congestion algorithms, data assets [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/24.md) ### 25. Google Content Strategy and Yahoo Comparisons (1:00:16–1:02:18) Google is predicted to move aggressively into the content business, leveraging its massive distribution mechanism. This shift would mirror attempts by Yahoo, though Yahoo's efforts in original content have historically been viewed as unsuccessful. A recession may provide the timing for Google to redefine its role from a search engine to a primary content host. Keywords: [google](https://search.noagendashow.net/topic/google.md), [yahoo](https://search.noagendashow.net/topic/yahoo.md), content business, [distribution](https://search.noagendashow.net/topic/distribution.md), [digital media](https://search.noagendashow.net/topic/digital-media.md), [recession](https://search.noagendashow.net/topic/recession.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/25.md) ### 26. Hillary Clinton and the 2012 Election Strategy (1:02:19–1:04:40) Political analysts suggest Hillary Clinton may have a strategic interest in Barack Obama losing the 2008 election so she can run again in 2012. If Obama wins, he would likely be the nominee again in 2012, effectively ending Clinton's presidential aspirations for at least eight years. This dynamic draws comparisons to the 1980 primary challenge by Ted Kennedy against Jimmy Carter. Keywords: [hillary clinton](https://search.noagendashow.net/topic/hillary-clinton.md), [barack obama](https://search.noagendashow.net/topic/barack-obama.md), [2012 election](https://search.noagendashow.net/topic/2012-election.md), [democratic party](https://search.noagendashow.net/topic/democratic-party.md), [jimmy carter](https://search.noagendashow.net/topic/jimmy-carter.md), [ted kennedy](https://search.noagendashow.net/topic/ted-kennedy.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/26.md) ### 27. Political Distractions and Black Sea Warships (1:04:40–1:06:17) The intense media focus on Sarah Palin and vice-presidential debates is characterized as a distraction from significant military movements in the Black Sea. While the public watches "political theater," the Bush administration and Vice President Cheney are reportedly making substantive moves in Georgia and challenging Russian influence. Keywords: [sarah palin](https://search.noagendashow.net/topic/sarah-palin.md), [black sea](https://search.noagendashow.net/topic/black-sea.md), [warships](https://search.noagendashow.net/topic/warships.md), [political theater](https://search.noagendashow.net/topic/political-theater.md), [media distraction](https://search.noagendashow.net/topic/media-distraction.md), [dick cheney](https://search.noagendashow.net/topic/dick-cheney.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/27.md) ### 28. Blackwater Operations in New Orleans and Iraq (1:06:18–1:09:44) Private security firm Blackwater is reportedly active in domestic operations, including evacuations in New Orleans and medical marijuana busts in California. In Iraq, contractors from KBR and other firms have replaced traditional military roles in logistics and supply management. These private entities are accused of overbilling the government and operating with minimal oversight. Keywords: [blackwater](https://search.noagendashow.net/topic/blackwater.md), [new orleans](https://search.noagendashow.net/topic/new-orleans.md), hurricane gustav, [kbr](https://search.noagendashow.net/topic/kbr.md), [contractors](https://search.noagendashow.net/topic/contractors.md), [medical marijuana](https://search.noagendashow.net/topic/medical-marijuana.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/28.md) ### 29. Democracy Now and Progressive Media Bias (1:09:47–1:12:33) The program "Democracy Now," hosted by Amy Goodman, is criticized for its dour production style and perceived progressive bias. While the show features long-form interviews that avoid soundbite culture, it is viewed by some as being just as ideologically driven as Fox News, albeit from the opposite end of the political spectrum. Keywords: [democracy now](https://search.noagendashow.net/topic/democracy-now.md), [amy goodman](https://search.noagendashow.net/topic/amy-goodman.md), henry rollins, progressive media, [bias](https://search.noagendashow.net/topic/bias.md), [fox news](https://search.noagendashow.net/topic/fox-news.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/29.md) ### 30. Mercenaries 2 Video Game and Military Catering (1:12:33–1:16:07) The video game "Mercenaries 2" is noted for conditioning youth toward private military careers. This shift toward privatization is also evident in the U.S. Army, where traditional "KP duty" has been replaced by commercial catering from companies like McDonald's and Burger King. This commercialization of war zones is seen as a method of sustaining the domestic economy through military spending. Keywords: mercenaries 2, [video games](https://search.noagendashow.net/topic/video-games.md), military catering, kp duty, [mcdonald's](https://search.noagendashow.net/topic/mcdonald-s.md), [pentagon](https://search.noagendashow.net/topic/pentagon.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/30.md) ### 31. Global Debt and the Impending Economic Splat (1:16:08–1:18:25) The United States is identified as the world's leading debtor nation according to the CIA Factbook. Some analysts predict a "reset moment" involving hyperinflation or a transition to a new currency like the "Amero" to wipe out existing debts. This process is compared to a national version of Chapter 11 bankruptcy. Keywords: global debt, [cia factbook](https://search.noagendashow.net/topic/cia-factbook.md), [hyperinflation](https://search.noagendashow.net/topic/hyperinflation.md), [economic collapse](https://search.noagendashow.net/topic/economic-collapse.md), [chapter 11](https://search.noagendashow.net/topic/chapter-11.md), [amero](https://search.noagendashow.net/topic/amero.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/31.md) ### 32. Brazil Currency Reset and the Real (1:18:25–1:20:34) Brazil successfully managed hyperinflation by replacing the "Cruzeiro" with the "Real" in the 1990s. The new currency was initially pegged one-to-one with the U.S. dollar, providing stability after years of daily price increases. This history led to Brazil developing one of the most sophisticated and modern banking systems in the world. Keywords: [brazil](https://search.noagendashow.net/topic/brazil.md), cruzeiro, real, [hyperinflation](https://search.noagendashow.net/topic/hyperinflation.md), currency reform, [banking system](https://search.noagendashow.net/topic/banking-system.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/32.md) ### 33. Historical Economic Cycles and Modern Risks (1:20:35–1:23:18) Historical economic downturns in the 1930s and 1970s often took a decade to resolve but produced significant cultural and artistic output. Modern risks include rising unemployment and potential food riots. Some suggest that during periods of hyperinflation, established international banks in countries like Brazil might offer safer havens for capital than domestic institutions. Keywords: [economic cycles](https://search.noagendashow.net/topic/economic-cycles.md), [1930s](https://search.noagendashow.net/topic/1930s.md), [1970s](https://search.noagendashow.net/topic/1970s.md), [food riots](https://search.noagendashow.net/topic/food-riots.md), [unemployment](https://search.noagendashow.net/topic/unemployment.md), banking safety [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/33.md) ### 34. Andrew McCain Resignation from Silver State Bank (1:23:18–1:25:28) Andrew McCain, son of Senator John McCain, resigned from the board of Silver State Bank just prior to its collapse. The resignation coincided with President Bush signing a major housing bill to bail out Fannie Mae and Freddie Mac. The timing has raised questions about whether McCain had inside information regarding the bank's impending doom. Keywords: andrew mccain, [john mccain](https://search.noagendashow.net/topic/john-mccain.md), silver state bank, bank failure, housing bill, [fannie mae](https://search.noagendashow.net/topic/fannie-mae.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/34.md) ### 35. Barack Obama O'Reilly Interview and Show Outro (1:25:28–1:27:39) Barack Obama's recent interview with Bill O'Reilly is analyzed, with observers noting Obama's apparent difficulty in admitting he is wrong. The show concludes with a final mention of the Large Hadron Collider's upcoming activation and the standard sign-off from "Gitmo Nation" by hosts Adam Curry and John C. Dvorak. Keywords: [barack obama](https://search.noagendashow.net/topic/barack-obama.md), [bill o'reilly](https://search.noagendashow.net/topic/bill-o-reilly.md), [interview](https://search.noagendashow.net/topic/interview.md), [large hadron collider](https://search.noagendashow.net/topic/large-hadron-collider.md), [gitmo nation](https://search.noagendashow.net/topic/gitmo-nation.md), [sign-off](https://search.noagendashow.net/topic/sign-off.md) [Chapter transcript](https://search.noagendashow.net/episode/46-israel-to-bomb-iran-nothing-to-see-here-folks-just-shooting-moose/chapter/35.md) - [Previous episode](https://search.noagendashow.net/episode/45-do-you-think-believe-feel.md) - [Next episode](https://search.noagendashow.net/episode/47-kill-bill.md) --- This is the markdown version of a page on The No Agenda Show for AI agents. 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