Max Keiser: "Geithner Is Smelling The Vapors Of His Own Delusions. This Man Is Psychotic!" (VIDEO)

Video:  Keiser interviews Yves Smith of Naked Capitalism -- Sep. 21, 2010

Brand new clip.  The first 10 minutes are a discussion of gold.  If you wish to skip, start watching at the 10:30 mark for the following.

• "They're making a market in dead U.S. soldiers.  Isn't that a bit unacceptable in America today.  What are you training the kids in elementary school for -- how to become an arbitrageur for dead U.S. soldiers at Prudential Securities.  This is appalling."

• "Geithner is smelling the vapors of his own delusions.  The man is a psychotic."

Then skip to the 14-minute mark for the beginning of Max's outstanding interview with Yves.  Keiser goes nuts demanding Goldman Sachs bonus clawbacks.  If you're in a hurry, start watching at the 20-minute mark.  Runs 4 minutes from there.

• “The global banking system is in freefall.”

• “Central Banks watch gold like a hawk.”

• “Buying gold is like eating Chinese food, after you buy some you feel like buying more.”

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We have covered the issue before:

• DEATH PROFIT: Fallen Soldiers' Families Denied Cash as Prudential, MetLife Gain

• UPDATE: Insurance Companies Profit From Dead American Soldiers -- NY AG Cuomo To Investigate (CBS CLIP)

The best from the Keiser archive:

• Max Keiser: "Goldman Sachs Are Scum That's The Bottom Line" (Best Emotional Revenge Clip Of The Year)

• Max Keiser On Criminal Banking Syndicates, Moral Hazard, The Gold Standard & Goldman Sachs (Awesome)

• On Wall St. Bonuses Max Keiser Asks: "Barack Obama Have You Lost Your Mind"

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Screenshot

This week Max Keiser and co-host, Stacy Herbert, look at the scandals of Greenspan's 'gold warning;' currency wars breaking out; the Veterans Administration's verbal dealers with insurance brokers raking it in on dead soldiers and Carla Bruni's hopes for raking it in after her husband's (hopefully) one term. In the second half of the show, Max goes to New York to talk to Yves Smith of NakedCapitalism.com about her book, Econned, and about stability and instability in financial markets, structural imbalances,'bad equilibrium,' trillions in derivatives and Che Guevara with machine gun interfering with Potemkin companies.

Comments

[DailyBail]

IMF fears 'social explosion' from world jobs crisis

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8000561/IMF-fears-social-explosion-from-world-jobs-crisis.html?source=patrick.net#tmglBody

[DailyBail]

Recession's over, economists say to a skeptical public

A declaration that the turning point came in June 2009 gets an indignant reaction, showing that many Americans see little difference between the recession and current conditions.

http://www.latimes.com/business/la-fi-recession-over-20100921,0,2428295.story?source=patrick.net#content

[DailyBail]

Bay Area Home Sales Hit 18 Year Low

http://sfappeal.com/news/2010/09/bay-area-homes-sales-hit-18-year-low.php?source=patrick.net#main

[DailyBail]

More than half of Reno-area mortgages underwater

http://www.sfgate.com/cgi-bin/article.cgi?source=patrick.net&f=/n/a/2010/09/20/financial/f115159D33.DTL#divider

[DailyBail]

How Will Foreclosures, Other Housing Problems Play Out in Midterms?

http://www.pbs.org/newshour/rundown/2010/09/how-will-foreclosures-other-housing-problems-play-out-in-midterms.html?source=patrick.net

[Z]

“The global banking system is in freefall.” Max K.
“Central Banks watch gold like a hawk.” Max K.
“Buying gold is like eating Chinese food, after you buy some you feel like buying more.” Max K.

Jim Rogers said long ago that all of the big banks are still insolvent, loaded with debt and cooking their books with the Fed and the U.S. government’s approval.

The party is still going strong, Tim Geithner is Paris Hilton. Bernanke is Lindsay Lohan. Obama is P. Diddy. It is very sad. We need to send the three to Dr. Drew’s sex rehab because they keep screwing the American people.

“Geithner is smelling the vapors of his own delusions. The man is a psychotic.” Max K.

[Cheyenne]

Max lays it out here. Pay attention.

http://www.youtube.com/watch?v=VSwWy4E6I04

[S. Gompers]

Unfortunately they will never see the Hague, but in 2012 they will buy the next POTUS, follow the contributions.

They are spending hard on 2010 as well.

[Cheyenne]

I wonder who believes shit like this:

http://www.cnbc.com/id/39325160

Do I hear $1300?

[Sagebrush]

("Recession's over, economists say to a skeptical public")

Unmitigated bullshit.

[Cheyenne]

RIght on, SB. I sometimes imagine that when things ultimately revert to the mean we'll look back to times like now as a kind of golden age. There are so many high-octane bloggers just absolutely kicking the shit out of mainstream economists, it makes me laugh out loud a few times each and every day.

Let's skip over the white dudes and name a few:

Yves Smith
Janet Tavakoli
Elizabeth Warren
Stacy Herbert
Reggie Middleton
Edward Harrison

These folks are literally pounding the likes of Dennis Kneale and Jim Cramer into the sand. And I'm sure I missed a bunch.

We're in a real bad shitstorm, to be sure. But the daily beatdowns of morons infesting my TV are a true source of joy.

[Z]

WE SUPPORT PAUL RYAN, RIGHT???

Rep. Ryan: New Pledge Is 'Stark Contrast' to Obama, Previous GOP Agendas

by George Steponallofus...

Rep. Paul Ryan dismissed the president’s criticism that the Republican’s new "Pledge to America" is just more of the same – instead Ryan promised a “stark contrast” to the current administration as well as previous GOP agendas.

“We need to own up to the fact when we were in the majority we spent too much money. We lost our way and we are going to get that back,” the Wisconsin Republican said. “We’re not here offering a plan to reinvent America. We are here trying to reclaim our country by rededicating ourselves to those timeless principles that made us exceptional.”

http://blogs.abcnews.com/george/2010/09/rep-paul-ryan-new-pledge-is-stark-contrast-to-obama-previous-gop-agendas.html

[Z]

http://www.youtube.com/watch?v=ydQBSB6sDjc

Colin Powell on Obama...This doesn't make any sense...

http://www.youtube.com/watch?v=-zNsyPL2rxU

Their struggle, my birthright.

Obama’s Kenyan Anti Colonial world view…

http://www.youtube.com/watch?v=f65e2jmSa2U

[Z]

What's Next...Iran...John Bolton...

Are we past the point of a military strike?
Obama...We can absorb a terrorist attack...

Obama's qualifications are in question...

http://www.youtube.com/watch?v=UnTHPE_Jn20

[Sagebrush]

("Rep. Paul Ryan dismissed the president’s criticism that the Republican’s new "Pledge to America" is just more of the same – instead Ryan promised a “stark contrast” to the current administration as well as previous GOP agendas.")


Obama was (Change and Organizing for America), the results didn't even come close. Change - For the worse if you ask me! Organized - You have to be kidding!

Now the Republicans are going to (Pledge to America). After their performance with the (Contact with America). Yeah Right on, If you believe that I have some fairy dust for sale that turns crooked banksters into honest politicians.

It's all political theatrics and empty promises, as soon as the election finals are tabulated and it's a win, all that stuff goes in the shredder or a circular file and it's right back to business as usual.

If we don't get the special interests out of our government we don't have a government.

We have a corporation and the people are the minority shareholders who have to pay for everything with little share of the profits and no voice in corporate policy. That is the situation BOTH PARTIES want to keep in place, and they will do what ever they have to make sure nothing changes the present system.

I don't think those fellows who put their names on the Declaration of Independence would care much for what we have allowed our country to become because we refuse to reform our corrupt government.

[Z]

Again with the "both parties are the same" mantra, how blasé. How about telling us what you are for and who you are for rather than spout the same boring diatribes. We get, I get it, you look at Obama and you see Sarah Palin. I don’t believe it but I accept that it is your belief. I have asked DB this many times, give me the issue by issue breakdown and be done with it already. It is so easy to be against everyone and everything. You don’t like the present system, what is the system that you want? What should everyone call you?

I will get you started from what I know…
Um, hmmmm…um…okay…I give up.

[DailyBail]

Max lays it out here. Pay attention.

http://www.youtube.com/watch?v=VSwWy4E6I04

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Agreed cheyenne...that's an awesome clip...it is included in one of the keiser links above...so i've got it on the site...but thanks for pointing it out...

[DailyBail]

I wonder who believes shit like this:

http://www.cnbc.com/id/39325160

Do I hear $1300?

---

thanks for that link...hadn't seen it...i'm guessing you own gold...

[DailyBail]

We're in a real bad shitstorm, to be sure. But the daily beatdowns of morons infesting my TV are a true source of joy.

---

Watching the beatdowns is my only salvation...it keeps me going, ready to fight another day...

[DailyBail]

z...yes...i am a fan of paul ryan...tells the truth...looks to find solutions...good link...thanks...

and i don't think you should be surprised by sage's cynicism...after being betrayed by the party you believed in, it's not easy to regain faith...i also don't trust that republicans will make the changes they claim...but i'm holding comment until i see what happens when they take over the house...

[Sagebrush]

("Um, hmmmm…um…okay…I give up.")

I am for public campaign financing. Two terms in office for all politicians, if it's good enough for the President it's good enough for all of them. Government service is a duty and a privilege not an occupation. No money or perks from special interests. No employment by special interests for 3 years after leaving office. Complete transparency in Congress and the Presidential Administration. No back-room pork barrel bulls**t. Get rid of the lobbyists. Disband the Federal Reserve after a complete audit and put Paulson, Bernanke, and Geithner in jail. Initiate a complete through investigation of the economic collapse, File charges on individuals involved in criminal activity be it fraud, embezzlement, perjury, or extortion. Jail time if found guilty in a court of law be they politicians, bankers or captains of industry. Confiscate all wealth acquired through said criminal activity and disburse it to victims, any remaining add to the U.S. Treasury. If Congress is going to make Americans partake in a healthcare plan then Congress and all government employes shall also partake of the same plan. Wages for government employees shall parallel wages for similar jobs in the private sector. Remove the Social Security surplus from the general fund and Throw out the present tax system. Make individual income tax 20% straight across the board and now that the Supreme Court ruled that corporations are individuals, I bet 5 years of no corporate tax breaks would do wonders for the deficit.

As for who I am for, anybody who devotes their time and effort in office to protect and enforce the Constitution and do the job they were elected to do for the American People. Instead of working for the banks and multinational corporations as most of them are doing at this time. I truly don't give a damn what party they are with. If they do their job I am for them.

Thats just a start, I also always thought the following were excellent ideas to bad nobody carried them out.

FIRST, require all laws that apply to the rest of the country also apply equally to the Congress;
SECOND, select a major, independent auditing firm to conduct a comprehensive audit of Congress for waste, fraud or abuse;
THIRD, cut the number of House committees, and cut committee staff by one-third;
FOURTH, limit the terms of all committee chairs;
FIFTH, ban the casting of proxy votes in committee;
SIXTH, require committee meetings to be open to the public;
SEVENTH, require a three-fifths majority vote to pass a tax increase;
EIGHTH, guarantee an honest accounting of our Federal Budget by implementing zero base-line budgeting.

And when it comes to spouting boring diatribes no one on this site holds a candle to you.

[Z]

Bill Clinton on Obama: Big Fairy Tale...

http://www.youtube.com/watch?v=YLDx4NZr2u4

[Z]

Sage, I have a feeling that you are going to stay disappointed for a long time to come.

[S. Gompers]

Sage probably will Z, but that is thanks to common herd animals such as yourself continuing to keep the system all screwed up in the name of party bullshit.

The Bankers Manifesto is correct about the ease at which the common herd is distracted, you are living proof.

Sage,

Excellent response, if more people demanded accountability America would definately be a better place.

[Z]

Here you go Sage...

http://www.youtube.com/watch?v=63HNuL2tfNc&feature=related

If only he were a bit younger.

[Sagebrush]

Thanks Gompers,

I just wish more people would realize we have to change the damn system or we're screwed.

[RecoverylessRecovery]

SCREWED! Because Americans CAN'T revolt, it's simply not in their DNA. And believe me, nothing short of a revolt will ever change anything in American politics at this point. Want to know how to distinguish if a people are capable of defying authorities or not? Then look no further to South American and European soccer matches.

In those places, when the police manage to grab one or two hooligans out of the crowd, the REST of the fans will swarm the police and BEAT the living shit out of them in an effort to rescue their buddies. Not even true buddies actually, but fellow club fan members. They'll go head to toe against batons, gas, shileds and horses. That's called BALLS.

Now let's look at a typical American sporting event in a similar situation. Like recently just outside the Staple's center in LA where some American untermenschen where causing a disturbance after a football game. The cops show up, pull 3 or 4 out of the group, put them under arrest while the other hooligans simply melted away into the night without EVER making ANY effort to save their 'friends'. That's called NO BALLS.

And people with NO BALLS DON'T REVOLT.

Sorry.

[Z]

RLR...Fuck you!!!

[RecoverylessRecovery]

Ah, another satisfied customer.

[Z]

That's what your mom said.

[RecoverylessRecovery]

Your Mom is so ugly, when she looks in the mirror her reflection ducks

[Z's Ignored Testicles]

Tell your sweet, sweet mother to check this out...

http://mindprod.com/politics/iraqwarcriminals.html