Max Keiser With Karl Denninger Discuss How the Banker Crooks Hid the Debt

[mannfm11]

Karl isn't conveying his message as he would like. A synthetic is a group of credit default swaps on a real CDO. It is basically a party paying the return on the real CDO under the guise that the buyer is going to assume the risk. On a real basis, a party might own $1 billion of a CDO.

[mannfm11]

Instead of selling the entire $1 billion they would sell a swap on half of it. The new party gets the return and the risk. The synthetic is supposed to be a fake version of the real thing. The buyer don't but the entire pile, but merely accepts the return paid in return for the pretense they own the whole thing. It was a form of leverage. What was lost was the synthetic was actually a pile of bets against the real thing.

[jeepndesert]

we can cancel the debt owed to the fed itself. our system won't collapse from people not buying bonds because the fed can just buy their own bonds, which ultimately means they loan free money to banks and put the tax payer on the hook for it. that debt can be cancelled and should be cancelled would treasury regains control to issue the currency.

[saynotonontruth]

Hey, GREAT IDEA, Keiser: Invest in something BENEFICIAL (not for your own greed.) Start a company that manufactures the home energy generators that cost $4000 and run for 80 to 100 yrs. Start a company manufacturing solar panels. Start a company that converts internal combustion motors (cars) to (a) hydrogen fuel cells and (b) cold fusion slush-burners and (c) magnet generator motors.

C'mon, Keiser, do something good for humanity and stop spreading the manure.

[NATOvsENEMIES]

you're a moron!

[Robert697]

@saynotonontruth

Your proof? You seem to be missing 99.44%.

[saynotonontruth]

@Robert697 First of all, I needn't explain myself to you. It's your job to educate yourself. I'm merely letting people know to look under the hood.

Keiser is a matrix globalist. It's prima facie evident. We had a saying at NASA - "Logic has a way of winning out." Oh, it was me who started that saying. I also started "imho" at NASA, corresponding with Marvin Minsky at MIT. I needed a shorthand way of saying that common phrase.

[Robert697]

@saynotonontruth

My job to educate myself? So, all the work that you've allegedly done, I'm supposed to go out and do it all over again, while I could be doing something more productive, and perhaps sharing it with you. It's called, "power in numbers". You say, "look under the hood." But you won't even tell me the color of the car I should be looking for. If you want to be a lone ranger, have at it ... and good luck with that.