Max Keiser On Criminal Banking Syndicates, Moral Hazard, The Gold Standard & Goldman Sachs

(Screenshot...video is below)

Filed under: Goldman Sachs, AIG, Wall Street's Criminal Nature, BNP, Financial Collapse, Wall St. Compensation & Bonus Structure, JPMorgan, Greenspan, Bernanke, Lehman, Bear Stearns.

Max Keiser:

• "I'm waiting for one of these banks to announce they're going to start commoditizing dog poop and trading dog poop futures, because that's all they have on their balance sheets."

• "There's alot of competition for thieves out there.  Thieves have alot of competition. That doesn't mean that they're not thieving. What about AIG!?  AIG was point-blank theft.  They bailed out AIG, AIG then put the money into these investment banks' pockets.  That's theft by any definition."

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Comments

[Anonymous]

http://www.chrismartenson.com/blog/fed-buys-last-weeks-treasury-auction/23880

[mark mchugh]

The man with the funny voice is right,

Anonymous - thanks for that link

[James H]

Crazy Max Keiser thinks stealing is wrong. Douche bag business professor is a bailout socialist.
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Max Keiser: "Every DAY they steal money. It's on the record. It's a total fact. You're delusional if you don't think they steal money..."

Die Douche Bag (Harald Hau): "It's a highly competetive market. Zhat's why you kan't steal."

Max Keiser: "There's alot of competition for thieves out there. Thieves have alot of competition. That doesn't mean that they're not thieving. What about AIG!? AIG was point-blank theft. They bailed out AIG, AIG then put the money into these investment banks' pockets. That's theft by any definition."

[Morton]

A couple of things
Bank of England to pump another £50bn into economy to keep recovery going
http://business.timesonline.co.uk/tol/business/economics/article6742214.ece
"The decision by the Bank to expand its programme of quantitative easing from £125 billion to £175 billion breaks the ceiling set by the Chancellor at £150 billion"
"Quantitative easy" is the "printing" of electronic money
They have got so lazy that they don't even PRINT the money any more. They just "create it electronically"
I would be interested to know how that is a good idea.


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And good old Max made me laugh. But the truth is that it is sad rather than funny.
12.28
LOL
"America was so embarrassed by Bin Laden they dropped that rate to 1%
They were scared to death Bin Laden would stop these obese Americans from shopping and consuming themselves to death"
***********


What's that rumbling noise?
Oh that's the war coming.
The powers that be have screwed thing up so much that a war is the only way out.

You got to start asking your selves "whos side are you on?"

[DailyBail]

James.

I added your transcription of Keiser to the summary. Thanks.

[Margaret]

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Margaret

http://lotterymegamillions.net

[RecoverylessRecovery]

"I guess in the end ..Bin Laden won". Priceless. And SO TRUE.

In response to an attack against it by approximately 19 men, the USA went into BOM (Bonkers Overkill Mode) and basically squandered itself to death with stupidly expensive wars centered on invading the WRONG countries in retaliation. Meanwhile Wall St saw the emeror had no brain and they started to work from the inside like those f'ing beetles that eat away at sequoias until they're nothing but hollow shells of bark. Hey, you can't have a RETARD as president for 8 straight years and NOT have the cleverer ones taking advantage of him right? You bastards should have thought of that BEFORE voting for him TWICE. Now SUCK ON THAT.

Now add to the mix a certain UBER-CORRUPT president who openly demonstrates he's Goldman Sach's BIATCH ..and the table is set! Stick a fork in the USA, IT'S DONE!

[RecoverylessRecovery]

"Arizona Meteor Crater, the Red Skelton Show and Barack Hussein Obama"

Name a pit, a skit and a shit.

[DailyBail]

In response to an attack against it by approximately 19 men, the USA went into BOM (Bonkers Overkill Mode) and basically squandered itself to death with stupidly expensive wars centered on invading the WRONG countries in retaliation. Meanwhile Wall St saw the emeror had no brain and they started to work from the inside like those f'ing beetles that eat away at sequoias until they're nothing but hollow shells of bark. Hey, you can't have a RETARD as president for 8 straight years and NOT have the cleverer ones taking advantage of him right? You bastards should have thought of that BEFORE voting for him TWICE. Now SUCK ON THAT.
***************************************

Now that was funny...