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Max Keiser: Financial pornography and Goldman-Sachs

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Though he may look like Moe from The Simpsons, Max Keiser is no slouch. A former equities-broker, Max is a colorful and outspoken commentator, whose show, the Keiser Report on Russia Today, is fast becoming required viewing. Of late, he has been hitting major home runs with his astute assessments of current financial and political events.

In the latest edition, “Financial Rape, Financial Pornography”, Max discussed with political analyst, Stacy Herbert, how Goldman-Sachs has a gun to the world’s head, and how banks implement with impunity, a shadow banking system, which is used to get away with stealing money - something Herbert compared to the punishment meted out to a starving mother who when caught stealing a $5 sandwich to feed her child, was sent to prison. As Herbert pointed out, when the top 1% “commit fraud, it is a called an error, a simple accounting error. When a normal person does it, they end up in jail.”

Keiser also talked with James Howard Kunstler, about how the Occupy Movement is changing the world and what affect it will have on next year’s Presidential election. Plus Max asks if corporations are “individuals”, and if so, should they be tried, like “individuals”, and if found guilty, executed?
 

 

Posted by Paul Gallagher
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11.06.2011
07:01 pm
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