Keiser Report №19: Markets! Finance! Scandal!
This week Max Keiser and co-host Stacy Herbert report on the scandals of George Soros and the IMF shaking out the gold market; US bank lending falling at the fastest rate in recorded history; and the trickle up unemployment pyramid. Keiser also speaks to The Market Ticker’s Karl Denninger about CDOs, synthetic CDOs and hiding Greek debt.
Duration : 0:27:22
[youtube S3jKsHJqOJw]
Tags: crime, fraud, George Soros, global financial crisis, gold, Greece, IMF, International Monetary Fund, Karl Denninger, Keiser report, lending, Max Keiser, RT, Russia Today, Stacy Herbert, unemployment, US debt, US economy, Wall Street
February 25th, 2010 at 1:11 pm
WHAT TO DO, WHAT TO …
WHAT TO DO, WHAT TO DO???
February 25th, 2010 at 1:11 pm
I have silver, …
I have silver, because i only have little money and i believe it is the better deal.
February 25th, 2010 at 1:11 pm
You are absolutely …
You are absolutely right if I was not forced to pay someone $10 (minimum wage in Canada) I would hire some one to work for me.
February 25th, 2010 at 1:11 pm
Karl get’s it but …
Karl get’s it but he is to smart to see what’s right in front of him. He sees everyone betting on the dollar and bonds and since you can’t collect on Armageddon he is betting with them.
Last time I checked after Rome fell because the debased the money, the population went into the dark ages but people where still here and the world did not end.
That is the one thing he can’t see, just like the person who flew his plain into the IRS. He did not see he could run and hide.
February 25th, 2010 at 1:11 pm
Does Karl D ?
Does Karl D ?
February 25th, 2010 at 1:11 pm
How many people do …
How many people do you know -including yourself- who own gold ?
February 25th, 2010 at 1:11 pm
reference ?
reference ?
February 25th, 2010 at 1:11 pm
the music at 13:10 …
the music at 13:10 can anyone name the artist?
February 25th, 2010 at 1:11 pm
If you haven’t seen …
If you haven’t seen episode #18,
watch it
21min in is the best part
February 25th, 2010 at 1:11 pm
This practice of …
This practice of Social Engineering, by the US GOVT, has wrecked the most successful economy in the world. Had the government not interferred with the Free Market, housing prices would have never been blown up and mortgage defaults would have been kept to a minimum because consumers wouldn’t have been lured into buying homes that they can’t afford. Poor people SHOUL NOT BE BUYING HOMES….they need to rent and save money for a purchase. PEOPLE – you need to live within your means.
February 25th, 2010 at 1:11 pm
…(cont) to the …
…(cont) to the extent that it has created BIZARRE and MASSIVE distortions and Moral Hazzards. Exhibit ONE:
In order to be approved for a home mortgage, the borrower should be depositing a MINIMUM of 25% and should be paying the bank a MINIMUM of 12% interest and a MAXIMUM term of 20 years. THAT is how banking is supposed to work in a free market. The US Government’s goal of “putting house on every lot” was in competition to the Communist goal of a “Chicken in every pot”
February 25th, 2010 at 1:11 pm
Beside the fact …
Beside the fact gold makes your hair fall out, CNN said the world will never be able to recreate a gold standard
February 25th, 2010 at 1:11 pm
Keiser is wrong:
…
Keiser is wrong:
There’s an elephant in the room that nobody wants to address. At the ROOT of the economic problems we face is the attempt by the US government to Redistribute wealth and make the entire country have the same “Equal Opportunities.” This has resulted in horrible ideas like the FHA, Fannie Mae and Freddie Mac, which were all created to accomplish some Utopian, Socialistic Agenda that could NEVER have worked. The US government has interferred in the Free Market….(cont)
February 25th, 2010 at 1:11 pm
Are you going to …
Are you going to put your life savings in a warehouse full of beans? You’ll be bankrupted by rats.
Generally, the advice to buy gold is directed at people who have enough money that it would be impractical to use all of it to buy essential supplies.
When people point out that you can’t eat gold, I usually say “you can’t eat federal reserve notes either.”
February 25th, 2010 at 1:11 pm
This should be the …
This should be the Stacy Herbert Report with Max Keiser as his assistant.
February 25th, 2010 at 1:11 pm
max, despite your …
max, despite your show being hugely entertaining, you are not going to have a relevant profit model broadcasting on youtube.
would you like to securitize your show? in a feudalistic society, information distribution is big business – hail the newspaper barons of yesteryear – therefore media control & arbitrage is the next step in the internet revolution – come back abroad our bandwagon and rejoin your brothers – we can enhance valuations over and above your previous (200m) ventures.
February 25th, 2010 at 1:11 pm
The unemployment …
The unemployment study cited was designed to inflame class war. It set the bar for “rich” households at $140K? Ridiculous. As for the rest, its just common sense.
Show me an economic downturn where the least educated, least skilled workers weren’t the most vulnerable. Why would companies choose to lay off employees who are hard to replace in favor of easily replaceable low wage workers?
Saying “Trickle Down” doesn’t work would imply that Obama has been using it… has he?