Max Keiser: "Obama's In The Pocket Of Wall Street; He's Been A Failure On This Score, A Huge Disappointment"

(Screenshots...video is below)

Another outstanding discussion from Max Keiser.  This time he's paired with Thorsten Polleit, Chief Economist for Barclays Capital.  Completely new to me, Polleit is a monster, in ideas if not presentation.  The discussion begins with an examination of the positive GDP figures released last week in France and Germany, but quickly shifts to the U.S. and our failed policies, regulation (or lack), the Federal Reserve bailouts, and corporate criminals.  Goldman Sachs, Bernanke, over-easy Central Banks, and Keynes are all skewered. 

Polleit is an extreme anti-fiat currency, anti-Cental Bank, anti-debt and anti-Keynesian, and his views in particular should not be missed.  And Keiser is his usual hilarious self as he emasculates the guilty with his strangely appealing, yet undeniably sick sense of humor.  We kid because we care, Max.  Keep up the fight.

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Comments

[DailyBail]

The most advanced and detailed debt clock I've seen. Actually, there are approx. 15 debt clocks on the page.

http://www.usdebtclock.org/

[DailyBail]

How To Fly Commercial Without Any ID

http://www.lookingglassnews.org/printerfriendly.php?storyid=7040

[DailyBail]

Gerald Celente: The 2nd American Revolution

http://www.lewrockwell.com/celente/celente11.1.html

[DailyBail]

Retailers See Back To Schools Sales Slowing (Uh oh.)

http://www.nytimes.com/2009/08/15/business/15school.html?bl&ex=1250568000&en=b4c154e09828e75c&ei=5087%0A

[spideydouble]

Love Max. He is hilarious and does have an appealing yet undeniably sick sense of humor. I would add the man has adamantium balls as well. He flings that shit right back at everyone's favorite criminals. Eat up you f***ers.

[James Street]

It's naive to think that "government" can be kept out of the free market which 1) isn't free and 2) is already highly regulated and controlled by the government which is elected by, and already controlled by, the oligopoly.

I would go much further and attempt to break up the oligopolies themselves but I'm skeptical because I think it might produce a backlash by the oligarchs. After all, the oligarchs have all the power already: they own the major sources of information and news, they control the Internet and the computers and software that is the basis the the Internet, virus protection, security, etc.

Any one who thinks history has changed and that we the people are stronger and more capable of determining our future than we have been in the past, is crazy. The Soviet Union and China came closest to pushing the Enlightenment to new levels of fairness for everyone but it failed, not just from outward forces produced by the West during the Cold War but equally from internal forces.

We naked apes are on the brink of disaster, and collectively we are producing our own demise. It's the eleventh hour and we can't afford simplistic bromides.

Of course the oligarchs are doing everything to save their bacon as they always have and of course they will do everything to impede progress as they always have but that doesn't give progressives the right to be cheerleader repeatings phrases they've picked up here and there.

Economic history is very complex and the causes and forces it unveils are not clear. It's explanations are tentative and complex. It does not point to a clear path into the future.

[DailyBail]

Nice well-reasoned post, JS.