Episode 310

July 05, 2012 00:00
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­Every week Max Keiser looks at all the scandal behind the financial news headlines. 

In this episode, Max Keiser and co-host Stacy Herbert discuss bankers doing ‘the ultra violent’ on the global financial system and propose the Keiser Technique to remedy the asymmetric approach to financial justice. In the second half of the show, Max talks to Reggie Middleton of BoomBustBlog about whether or not French banks are next to collapse, and about the flashing fraud warnings on Libor that were always there in the credit default swap market.

Comments (18)

SOIC (unregistered) 08.07.2012 15:33

I am no economist, but what I think we are eluding to here is fiscal incentivization whereby productive labor (your) money (earned wages) is utilized by financial institutions worldwide to "multiply" valuation (real or perceived) in order to sustain "consumption smoothing."  OK, simply put our paychecks are deposited (after taxes, fees, expenses, etc..) and those funds are transferred worldwide to individuals (you) as well as other banks, governments, commercial entities (corporations) for marginal returns (i.e. arbitrage, profit) in order to maintain a positive rate of consumption (supply and demand) and to propagate capitalism.  Well it would seem that banking and finance is quite lucrative!  Of course I am being facetious, your money is being "given" to bankers only to be loaned back to you at a nominal rate so you can purchase your daily bread from coporations and governments (which legislate market policy) and are financed by those very institutions.  It is likely time to command reciprocity!

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KOKHED`s Psychiatric nurse (unregistered) 07.07.2012 14:04

KOBKED-X (unregistered) wrote in #16 plumbluke (unregistered) wrote in #6 wots happened to jim evans ??? is he in the can????   Not likely, he most likely just changed his Nicname so we would stop voteing his lameness down without even reading his post[s] I know I did, do,  Many apologies to you all. Owing to austerity measures here at the hospital,some of our incorrigably intellectually challenged subnormal patients are being rehabilitated into the only sort of work appropriate to people like them....journalism and politics and high finance.It has taken us months to separate Kokhed from his crayons and onto the Internet,but none of us could have anticipated that he would enlist the assistance of Coco the chimpanzee ....who is presently standing in for George Soros at the Bank of England and running the unbiased (LOL) News and Current Affairs branch of Israel`s very own BBC!Perhaps it`s time some of you got behind where you are coming from and became sufficiently self-actualing to have some ideas.

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KOBKED-X (unregistered) 06.07.2012 23:29

plumbluke (unregistered) wrote in #6 wots happened to jim evans ??? is he in the can????   Not likely, he most likely just changed his Nicname so we would stop voteing his lameness down without even reading his post[s] I know I did, do, Will again.. same goes for sevral other Trolls and or Spam Botts / people with no IQ worth counting [ie: not in the two digit range]] Good Show again Max, Stacy cough, soon to be Mrs Keiser :) Congrats! When's the big day?

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