Max Keiser - One Billion Dollar Toilet Paper Lesson for Barack Obama

maxkeiser

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Tue Feb-16-10 12:11 PM
Original message

Max Keiser - One Billion Dollar Toilet Paper Lesson for Barack Obama

Edited on Tue Feb-16-10 12:12 PM by maxkeiser

Run time: 01:09
https://www.youtube.com/watch?v=NMHfMLr19UY

Posted on YouTube: February 16, 2010
By YouTube Member:
Views on YouTube: 0

Posted on DU: February 16, 2010
By DU Member: maxkeiser
Views on DU: 1054

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theoldman

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Tue Feb-16-10 12:21 PM
Response to Original message

1. The guy is not totally wrong.

I am reading a book entitled "Sellout" that covers the Wall Street banking business for about 30 years. Bonds are the toilet paper that is sold back and forth.

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libodem

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Tue Feb-16-10 12:38 PM
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2. Good term

Financial Terrorist. Similar to Economic Hit Man. Sad thing is they are doing it to our own country, not some foreign land we wish to take over. Hmmmm, except to steal the country from the people...the middle class....and leave only the wealthy and the peons.

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rooftoprevolutionary

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Tue Feb-16-10 07:48 PM
Response to Reply #2

11. confessions...

great book - wish it weren't true.

the interesting thing in that book is that so much of the rest of the world saw our graves before we dug them, they saw the middle east, they saw the economic meltdown...where the hell were we?

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norvech

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Wed Feb-17-10 12:24 PM
Response to Reply #11

12. Maybe

at Walmart? lol.

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trungpa ricochet

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Tue Feb-16-10 12:45 PM
Response to Original message

3. Defer, defer, defer, defer.....

....until the piper must be paid. Right now the EU is investigating what GS did with the Greek government debt. The books were cooked, and this will torpedo the EU if immediate measures are not taken. GS will be banned from doing business with any EU members. When the shit hits the fan again in the US, I'm not sure the country will survive without becoming a third- world nation.

Max may rant, but he knows what he is saying.

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lib2DaBone

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Tue Feb-16-10 12:55 PM
Response to Original message

4. Bankster Gangsters are out of control...but who will stand up to them?

Edited on Tue Feb-16-10 01:00 PM by lib2DaBone

A guy on C-Span this morning.. saying how great Globalization is.. how much we benefit..

Excuse me Mr. NAFTA... but I don't want Drywall that smells like rotten eggs... no matter how cheap you sell it to me!

Friggin idiot greedy bastard thieves in our halls of CONgress.

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ooglymoogly

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Tue Feb-16-10 01:17 PM
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5. O is either stupid and doesn't get it, or is in collusion.

We report, you decide. Max is usually pretty damn close on the money. We should all be ranting like Mad Max; Only then will things change.

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Mike K

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Tue Feb-16-10 01:37 PM
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6. No, Max Keiser. -

- Obama is not stupid. Far from it.

So that leaves just one other possibility. And those with an interest in exploring that possibility should read what Matt Taibbi has to say about it:

<...>"What's taken place in the year since Obama won the presidency has turned out to be one of the most dramatic political about-faces in our history. Elected in the midst of a crushing economic crisis brought on by a decade of orgiastic deregulation and unchecked greed, Obama had a clear mandate to rein in Wall Street and remake the entire structure of the American economy. What he did instead was ship even his most marginally progressive campaign advisers off to various bureaucratic Siberias, while packing the key economic positions in his White House with the very people who caused the crisis in the first place. This new team of bubble-fattened ex-bankers and laissez-faire intellectuals then proceeded to sell us all out, instituting a massive, trickle-up bailout and systematically gutting regulatory reform from the inside.

How could Obama let this happen? Is he just a rookie in the political big leagues, hoodwinked by Beltway old-timers? Or is the vacillating, ineffectual servant of banking interests we've been seeing on TV this fall who Obama really is?"<...>

Read on: http://www.rollingstone.com/politics/story/31234647/obamas_big_sellout/print

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emilyg

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Tue Feb-16-10 02:03 PM
Response to Reply #6

7. Think about - he is a rookie

in the political big leagues.

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Karenina

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Tue Feb-16-10 02:18 PM
Response to Reply #7

8. BINGO!

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greiner3

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Tue Feb-16-10 06:36 PM
Response to Original message

9. Max needs to become more animated;

Or not.

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MrMickeysMom

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Tue Feb-16-10 06:51 PM
Response to Original message

10. I loved seeing this guy on BBC America's "The Oracle"...

Whatever happened to the show to make is go away was a bad move. It was a really informative show.

I don't think he has a problem telling it like it is, or should be!

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