Keiser Report №25: Markets! Finance! Scandal!
This time Max Keiser and co-host Stacy Herbert report on insider trading in the prediction markets and the billionaire boom and the scary rich outside America. Keiser also speaks to Kate Pickett, author of “The Spirit Level: Why More Equal Societies Almost Always Do Better” about the consequences of inequality.
Duration : 0:26:48
[youtube WIM9GoEtw1I]
Tags: crime, Forbes rich list, fraud, global financial crisis, gold, Kate Pickett, Keiser report, Max Keiser, RT, Russia Today, Stacy Herbert, unemployment, US debt, US economy, Wall Street
March 24th, 2010 at 2:21 pm
@bbburton My …
@bbburton My thoughts exactly. They fail to mention the cultural and social conditions of countries like Sweden and Japan, countries which are historically homogeneous and cooperative within themselves. Lets also not forget the waning mental health and actual happiness of these people whose only option is to work for Toyota or drown themselves in a bathtub I mean, just look at Japan’s outrageous and suicide culture.
March 24th, 2010 at 2:21 pm
The root of the …
The root of the problem is capitalism/corporatisim. It’s undemocratic.
Democracy = equal rights and liberity for all citizens. Capitalism is on the other end of the specrum and more closely resembles communism or fascism. The reason for this is that capitalism supports the class system and those with money are favoured over those without. This why capitalism works so well in China. We need more democratic republican leaders and less capitalists in government!!
March 24th, 2010 at 2:21 pm
Neo-Liberalism is a …
Neo-Liberalism is a statist and interventionist. It is not market fundamentalism by any stretch.
I agreed all the way up to 22:10, then Max fell off a cliff.
March 24th, 2010 at 2:21 pm
New youtube sucks. …
New youtube sucks. Here is what the pull down screen said after I opened it up: {”errors”: ["Invalid request."]} . Beam me up, MAX!
March 24th, 2010 at 2:21 pm
Max is distracted …
Max is distracted here and looking at the symptoms instead of the actual root cause of the problems.
It’s government central planning and inflation that corrupts markets. The market itself is not the problem. Instead, it’s the solution. Markets produce the things we want to maintain or improve our standard of living with. It’s the financial, monetary system which is the problem.
March 24th, 2010 at 2:21 pm
Ruck Fussia today! …
Ruck Fussia today! Propogandist assholes.
March 24th, 2010 at 2:21 pm
cool… I didn’t …
cheers mate!
cool… I didn’t meant any offense and hope none was taken
March 24th, 2010 at 2:21 pm
What a solution, …
What a solution, just make everybody’s lives the same. No need to work for yourself to better your life, you only need to work for the good of everyone else to better their lives.
March 24th, 2010 at 2:21 pm
lol, Venezuela is …
lol, Venezuela is succeeding? What, with all the new price, wage and exchange controls? Har har…
March 24th, 2010 at 2:21 pm
Yes, as usual …
Yes, as usual governments, and government action, are innocent of all charges. We just need more interference and everything will be okay! (Because governments have never interfered in anything over the past century, har har…)
March 24th, 2010 at 2:21 pm
A thought.
This …
A thought.
This Kate Pickett sounds typical of these self righteous bigots.
CUBA, Venezuela & Bolivia have some the best health systems in the world WHY EXCLUDE these very different BUT successful countries??
Their young welfare system is improving,
K E E P in mind these counties were raped n looted by euro aliens.
A Asian Britt
March 24th, 2010 at 2:21 pm
i freaking knew it, …
i freaking knew it, that’s why the system wants us to hate communism, because it’s so much better then our system. i say this because i really cant think of any reason to hate socialism or communism, except that people are always getting corrupt we should just have a computer running a socialist or communist country lol, wander how that would do.
March 24th, 2010 at 2:21 pm
2:45 = Barriers of …
2:45 = Barriers of entry.
March 24th, 2010 at 2:21 pm
1 most important …
1 most important point they missed in the discussion is that doing better only can happen in a more equal well to do society regardless whatever xxx-ism. Ask any Chinese people who are over 40s. They know first handed how terrible life was when everyone made between 20s – 30s yuan monthly. The Sweds are of course happier because they are all well to do.
March 24th, 2010 at 2:21 pm
Hey i never laid …
Hey i never laid any blame on Max, I was just stating that he made the technology that now others are abusing. He never meant it for that reason and it’s probably one of the reasons he goes for leather for them in all the shows I have watched.
I was just posing the idea that he would be mega of by this.
March 24th, 2010 at 2:21 pm
Gordon Brown has a …
Gordon Brown has a really annoying habit when he inhales during sentences with his mouth, curling his lower lip in, in a strange half-pucker. It’s like the most pompous way to inhale one could ever dream up and adds to the reasons why I hate Gordon Brown. This Marxist epidemiologist broad from the UK that Max interviews has the same annoying lip-curling-mouth-inhale habit. Might she be related to Gordon Brown?
March 24th, 2010 at 2:21 pm
@minteko, that’s …
@minteko, that’s like blaming the guy who invented the car for all of the drunken vehicular homicides!
March 24th, 2010 at 2:21 pm
I love RT… but …
I love RT… but Max and Stacy bring RT to “a whole nuvah level”. We love Max and Stacy!
March 24th, 2010 at 2:21 pm
You go Max! People …
You go Max! People are slowly drowning here in the U.S.
March 24th, 2010 at 2:21 pm
“Social Justice” …
“Social Justice” and “Progressive Tax”….. code speak for “Communism”….. I’m surprised at you Max…. All those great countries she spoke of are financially worse off than we are!!!!
March 24th, 2010 at 2:21 pm
Very interesting …
Very interesting show, thank you Max & Stacy!
March 24th, 2010 at 2:21 pm
my retirement = …
my retirement = charcoal grill -ducktape -goggles- and a lot of tequila and weed
March 24th, 2010 at 2:21 pm
GO MAX GO
GO MAX GO
March 24th, 2010 at 2:21 pm
It’s fairly obvious …
It’s fairly obvious why financial equality equates to better everything. The poor can’t pay taxes and the rich avoid taxes. Social programs rely on a strong middle class to cover the bills.
As for this bogus list of wealthiest people in the world, this is in fact a list of billionaires
Trillionaires are excluded. Where is David Rockefeller? The man owns oil. All of it.
March 24th, 2010 at 2:21 pm
I like Stacy
I like Stacy