Max Keiser and Stacy Herbert in the Oracle discussing banker bonuses. Guests in this segment include economist, James K. Galbraith and private equity operating partner, Richard Stephenson, also of Yudu.com
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he talks ugly
not just logic but good judgement!! Institutions or governments are not capable of managing, however, the people are capable if left to do so. How or why it works I do not know but it does.
It’s so funny how the gov’t is basically trying to reinvent the bankruptcy. Ok, first we’ll inject capital into these companies, then we’ll decide on a price for all their bad assets, then we’ll see if we can get rid of their management.
There’s a much cheaper and easier way of doing this, Mr. Galbraith, and it lies in that Free Market you think we should abandon.
oh dear.
Screw the Constitution! The Fed and the Federal government have the capacity to do what they need to do.
God help us!
This is a great statement. Paying a private company to print our money defies all logic… It’s a farce. roflmao on the “taking a dump” analogy.. Classic
The banks don’t need money to lend they lend debit.
Foreclosures are built into the system.
watch the video debit is money .
Go See:
“william Wagener’s STATE OF TRHE NATION address to Americans in deabt”
We could end the debt & depressin in 1 week, & arrest the bankgangsters.
There is no law for the rich Murder Bush, Cheney etc They will sacrifice a few low level flunkies at the most
Galbraith says in essence, I’m paraphrasing, they ripped us off, just let them retire with their ill gotten gains, nobody has any proof of crimes so nobody gets charged
Banks don’t need money to lend, they lend debt. The problem is they take money. How are the people supposed to pay back all the debt to the banks on time if no money is printed? Foreclosures are built into the system
Galbraith is spot on.
Clearing out the talentless morons from the banks would benefit the economy.
A kernel of truth here and there but skirting major issues like A petroleum based economy that keeps us working for the corporate masters that extract the oil & make it into medicine food fuel & fibers then lend us fiat debt notes at interest that we trade to other slaves for the necessities of life like medicine food fuel & fibers
Change to or add a hemp economy Everyone can grow it to smoke for medicine or sell it to be made into medicine food fuel & fibers & keep printing our money on it
What economic system…?
Yo, Max!
Haven’t watched “ZEITGEIST: ADDENDUM”, yet…?
Let’s do economics like grown-ups, can’t we…?
Seriously, I have advised Keiser and his glorious Stacy to invite good guests and not fools such as Galbraith. Just dedicate a whole episode (or all episodes) to exposing the fucking central bankers and those fuckers behind it.
Google G. Edward Griffin. Then again, you probably know already.
Yeah … most people are incredibly ignorant or corrupt. I heard this thing about the central banks a couple of years ago and it opened the door to a whole new level of awareness. I shall confess I never liked paper money when growing up and could see something was terribly wrong just by thinking about inflation. It just didn’t strike me as something that should be there. I wish there were gold and silver coins.
don’t need money to lend????? then what the heck are the going to lend??? just debt??
Google The Money Mafia
The Ilumina Zionist
September Clues
Albert, Tom, Richard,
I was with Erin Emerson earlier. She took off & I have her laptop. I will see her later somewhere & return it to her. I think she will be at the library at 19th & Pine.
Right now I am at a church where many glorious Christians are glad I exist & that I really am the man who does put George W Bush & Richard B Cheney in Shackles.
I also have run into many glorious Muslims & 9-11 families & they are learning all about BayPoint School & its direct connection to AIPAC
Galbraith says:
Banks don’t need money to lend, they need customers willing to take out loans.
He says that because banks create the credit out of thin air when a loan contract is signed. However, you can’t force people to borrow.
He also says:
The US is the strongest because we give private bankers unlimited power and they control the world reserve currency.
What he fails to realize is that giving fiat power doesn’t repeal natural laws of economic behavior by rational people.
Fuck Obama and his “Stimulus Package”! First it was $850 Billion in the House then jumps to $950B in the Senate then the media says a “DEAL” has been made of $825B.. so they lowered it only $25B and Ben Nelson thinks its GOOD? FUCK YOU BEN and FUCK YOU to any Democrate or Republican that votes for borrowing Billions to put our grandkids in debt to China who is loaning this money to us! Taxpayers ALREADY LOST over $400B given to banks and NOTHING HAPPENED! How much MORE are you going to WASTE?a
Banks need transparency. This way I rekon the banks will lend to solvent institutions and will avoid the insolvent and the unviablw should be eliminated. But the FRB and a handful of international banks want secrecy so they can hold everyone ransom.
Fucking BULLSHIT! Fuck you Democrat and Republican CRIMINALS!
What gives YOU the right to steal our money through taxes then waste it all THEN have to BORROW over a TRILLION DOLLARS from CHINA to WASTE even MORE MONEY! FUCK YOU MOTHERFUCKERS!
Americans need to go to Washington and BURN the whole fucking place DOWN TO THE GROUND!
It’s because of your greed and ignorance that brought us to this point NOT the American peoples!
STOP TRYING TO BY US OUT OF YOUR OWN MESS!*&
At some point even the folks on TV are going to stumble on the MOST BASIC QUESTION BEFORE US
WHY (in the Hell) Would ANY Government..PAY..a PRIVATE COMPANY..to PRINT..ITS OWN DAMB “Money”…Out of thin Air ?
Ohhh and Get this…….PAY….”Interest” !(LOL!)
Thats like YOU going to the Store and buying Toilet Paper….and then when you want to take a dump…PAYING ME…to Pull the Roll and hand you some through the Bathroom door….WTF???
Then I CHARGE you “interest” on it all
Galbraith is an idiot and a scoundrel.
they let anybody to be an economist
do not they ?
so many economists so little time
LOL
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