Keiser Report: US High Cathedral of Fraud

Published on Aug 20, 2013

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss Mom and Pop investors taken out on a slab and their wealth burnt to a crisp by the high cathedral of fraud that is the New York Stock Exchange and its degenerate priests of high finance. Max proposes a scheme of mortgages collateralized by food stamps. In the second half, Max talks to Owen Jones, a columnist at the Independent and author of Chavs: The Demonization of the Working Class, about the prejudice of George Osborne's policies which takes nearly £12 billion from housing benefit for the poor and shifts it to property speculation schemes for the middle class.