(RussiaToday) – This time Max Keiser and co-host, Stacy Herbert, look at the scandals of swindled nuns, bounty hunters for small time fraud and Irish banks in a ‘league of their own.’ In the second half of the show, Max talks to economist, Shir Hever of the Alternative Information Center, about the Boycott-Divestment-Sanctions movement and about the economics of occupation. Continue reading
Tag Archives: finance
Video: Peter Schiff on Tech Ticker – Economics 101
(Yahoo) – April 27, 2010 – Continue reading
Video: Gerald Celente – Finance reform, just a show
(RussiaToday) – April 22, 2010 Continue reading
Video: Keiser Report №31 – Markets! Finance! Scandal!
This time Max Keiser and co-host, Stacy Herbert, look at the scandals of Tony “No Blood for Oil” Blair lying about selling the UK gold supply on “technical advice of the Bank of England;” a millionaire tramp in Sweden and a casino that refuses to pay in America; and, finally, the Irish ‘Bad Bank’ and the ‘Celtic Chernobyl.’ Max also talks to William ‘BJ’ Lawson, who is running for Congress in North Carolina’s 4th District, about Ron Paul Republicans, the Federal Reserve setting fiscal policy and defining President Obama. Continue reading
Video: Keiser Report №28 – Markets! Finance! Scandal!
(RussiaToday) – This time Max Keiser and co-host Stacy Herbert look at the scandals of the Nobel Prize winner that threatens the world; the US paying more than Buffett, and the big ambitions behind 12,000 calories per day. Keiser also talks to Helen Skopis of Athens International Radio about the Greek debt crisis. Continue reading
Video: Keiser Report №22 – Markets! Finance! Scandal!
This time Max Keiser and co-host, Stacy Herbert, look at the scandals behind: ‘the owner of Great Britain’ bouncing a $54 million check for a pile of dirt in the Persian Gulf; a currency speculator in Monaco moving currency markets with an ‘accidental Jim Rogers press release’ while Colonel Gaddafi calls for jihad against Switzerland and receives zero market impact; and Alan Greenspan wins major award for causing up global financial markets to explode. Keiser also talks to David DeGraw about his new book, “The Economic Elite versus the People of the United States of America.” Continue reading
The Bush-Packed Supreme Court Thinks Corporations Are People Too
(AlterNet) – Corporations now have all the privileges of citizenship, without any of the responsibilities. Continue reading
Video: Marc Faber – The Next Crisis, Sovereign Debt
(Yahoo) – After every financial crisis there’s a sovereign debt crisis, Marc Faber says. Countries that borrowed too much during the boom times start struggling to pay their competitors back, and eventually some of them default. Continue reading
Video: The Dollar Is Dying a Slow Death, Says Niall ‘Ascent of Money’ Ferguson
(Yahoo) – “It’s clear where we’re headed,” says Niall Ferguson, author of The Ascent of Money. “Ten years from now there will be more than one international reserve currency,” he tells Tech Ticker. Continue reading
US Dollar Crashes Through Major Support Level
It is looking more and more like the current Administration has set on a course of deliberate destruction of the US Dollar and with it, the economic might that the US has enjoyed since post World War II. Continue reading
MSM: Dollar Reaches Breaking Point as Banks Shift Reserves
(Bloomberg) – Central banks flush with record reserves are increasingly snubbing dollars in favor of euros and yen, further pressuring the greenback after its biggest two- quarter rout in almost two decades. Continue reading
MSM: Shooting of Prominent Economist Baffles Police
(ABC) – Police are still looking for clues after a prominent economist was shot in the garage of his upscale home. Continue reading
ObamaCare Could be Used to Ban Guns in Home Self-Defense
Friday, October 9, 2009 — Important vote to occur
Senate Finance Committee Chairman Max Baucus has something to say to gun owners: “Own a gun; lose your coverage!” Continue reading
U.S. Suffering Permanent Destruction of Jobs
America is suffering a permanent destruction of jobs.
JPMorgan Chase’s Chief Economist Bruce Kasman told Bloomberg:
[We’ve had a] permanent destruction of hundreds of thousands of jobs in industries from housing to finance.
Peter Schiff Says Gold to $5,000/ounce and US Market Rally Will Fade
Peter Schiff, President of Euro Pacific Capital, stated in a web cast today on Yahoo! Finance that he sees gold reaching $5000/ounce and the US market faltering. Continue reading
MSM: Ireland pays £48bn to rescue five banks from toxic debts
(Independent) – Five High street banks in Ireland are to be paid £48bn by a state agency to cover their toxic debts in the biggest financial rescue in the country’s history. Bonds issued by the National Assets Management Agency (Nama) will provide the struggling banks with £7bn more than the current £41bn value of their toxic debts. Continue reading
MSM: Fund-Raiser Is Accused of $74 Million Fraud
(NYTimes) – A wealthy New York investor and prominent Democratic Party fund-raiser with ties to President Obama and Hillary Rodham Clinton was arrested on Tuesday and accused of lying about his assets to obtain a $74 million loan from Citibank. Continue reading
MSM: House Finance Committee Members Took $62.9 Million From Industry Interests
(Huffington) – Members of the House Financial Services Committee, which is playing a critical role in restructuring the nation’s reeling financial, banking and housing sectors, have received nearly $63 million in campaign contributions from the industries they oversee. Continue reading
It is Independence Day as We Become More Dependent
As Independence Day approaches, the question of the day remains—how Independent are we? Continue reading
No Light In The Tunnel – A Housing Crash Update
Why is the press misleading the public about housing? The housing market is crashing. There are no “green shoots” or “glimmers of hope”; the market is worn to a stump, it’s kaput. Still, whenever new housing figures are released, they’re crunched and tweaked and spin-dried until they tell a totally different story; a hopeful story about an elusive “light in the tunnel”. But there is no light in the tunnel; it’s dark as pitch as far as the eye can see. Continue reading
MSM: Fannie Mae and Freddie Mac pay $210m in bonuses
Fannie Mae and Freddie Mac, the US Government-controlled mortgage giants, will pay $210 million (£141 billion) in retention bonuses over the next 18 months. Continue reading
Video: MSM – Your country is bankrupt thanks to mispending of money you don’t have
USA’s Comptroller General sounded the alarm ages ago. Now seems like an appropriate time to remind people of this problem, you know, what with how much the Global Recession will cost you, as well as how much war against Iran might cost, and how much it costs to prosecute the war in Iraq and Afghanistan daily. Oh, and how much it costs to run a crypto-socialist welfare state. Just a refresher:
What people need to understand, is that this is part of a larger plan to create a North American Union with a new form of Currency. But more on that later.
GM, Ford `On the Verge of Bankruptcy,’
General Motors Corp. and Ford Motor Co., the two biggest U.S. automakers, have about a 46 percent chance of default within five years, according to Edward Altman, a finance professor at New York University’s Stern School of Business.GM, Ford `On the Verge of Bankruptcy,’ Continue reading