In this episode, Max Keiser and Stacy Herbert discuss David Cameron appointing former bankers to Treasury. We look at another former banker who became a Treasury Secretary only to become a bankster - Robert Rubin - and his role in Citigroup bilking Abu Dhabi of billions.
In the second part of this Episode (starting at the 13:00 mark), Max interviews Reggie Middleton of the Boom Bust Blog. Reggie is brilliant in his look at the fraudulent way Goldman Sachs arranged the Facebook offering, how Apple is setting itself up for a loss vis a vis the Samsung lawsuit "win", and his feelings about why Central Banks are just covers for the Oligarchs destroying the middle class and what needs to be done in Europe.
This is must see TV and fun to watch as Max's hyperkinetic delivery and Reggie's soft, but well thought out speech are great to have juxtaposed:
Showing posts with label Central Banks. Show all posts
Showing posts with label Central Banks. Show all posts
18 September 2012
21 December 2010
Jim Corr of the Irish Band "The Corrs" Talks About "Robin Hood In Reverse"
Jim Corr of the Corrs talks more economic sense than 99.9% of all Politicians and Economists in Europe.
Corr proclaims what Ireland needs to do now: quit bailing out the bondholders and private shareholders of the Too Big To Fail Banks in his country. He states Ireland needs to follow Iceland's lead and feed the failure of the big banks to the people who supported the banks by purchasing bonds and failed derivatives. He advocates not forcing the failures of the banks onto the taxpayers who did not support the banks in the first place.
He says it is massive fraud in banking which privatized gains while socializing losses.
What Corr doesn't use are the words "Moral Hazard", but Jim Corr does introduce one free mention of "The Money Masters", a film which The Watchworld recently brought to light on this very blog.
If you have never watched "The Money Masters", click here now and educate yourself as to who controls the central banks of the most powerful nations on the planet.
Meanwhile . . . why does it take a musician from an Irish band to pose hardball questions which few elected politicians dare whisper?
p.s. And for those of you who have never heard The Corrs, here's one of my favorites by them, "When The Stars Go Blue" with some guy named Bono doing a stand in, LIVE:
Corr proclaims what Ireland needs to do now: quit bailing out the bondholders and private shareholders of the Too Big To Fail Banks in his country. He states Ireland needs to follow Iceland's lead and feed the failure of the big banks to the people who supported the banks by purchasing bonds and failed derivatives. He advocates not forcing the failures of the banks onto the taxpayers who did not support the banks in the first place.
He says it is massive fraud in banking which privatized gains while socializing losses.
What Corr doesn't use are the words "Moral Hazard", but Jim Corr does introduce one free mention of "The Money Masters", a film which The Watchworld recently brought to light on this very blog.
If you have never watched "The Money Masters", click here now and educate yourself as to who controls the central banks of the most powerful nations on the planet.
Meanwhile . . . why does it take a musician from an Irish band to pose hardball questions which few elected politicians dare whisper?
p.s. And for those of you who have never heard The Corrs, here's one of my favorites by them, "When The Stars Go Blue" with some guy named Bono doing a stand in, LIVE:
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