Max Keiser - 13 August 2009 - Debating French & German GDP numbers

[TheObserver2012]

Well said Max......Obama=HUGE Failure...

[trevormac77]

Max is right, Obama is in the back pocket of Wall Street

[snslion]

Bravo Max!

[coaltrader07]

Sadistic Leaders in DC?? lol Obumma there now.. Don't forget that. As a lifelong conservative Republican I'm damn shame of these War Mongers in America. I don't know what in the hell has happened to my once great nation...

[coaltrader07]

Actually, I do know what's wrong with America and I'm sure many of you Germans know as well..

[jgaltut]

Max is right, if you just wiped away all the debts and let all the banks there would be no problem. This is a game, all the debt is an illusion.

The central bankers have set up the system so all our taxes go directly into their pockets. And they purposely create booms and busts so they always benefit.

Eliminate the central banks and we won't have ANY debt, we won't have to pay income tax and we will all prosper. WAKE UP.

[markdcarter]

Debt, schmet. Time for a Jubilee!

The monarchies and private central banksters weren't too fond of Colonial scrip, greenbacks, social credit, or the miracle of Woergl. I think they need another dose of the people's currency, but on a larger scale: in fact, I think they need an overdose!

While we're stripping control from the City of London, how about we do the same with Temple Bar -- and start creating our own laws on a community level?

It sure beats secret societies and hidden agendas!

[freedomfighterone]

In Germany the external debt is over 5 trillion US dollars. So the US is not the only country that's having a debt problem. These banking criminals are enslaving the West in debt.

[VinceP1974]

Do economists take into account that Radical Far Leftists are in control of the US Govt and determined to destroy the country so they can remake it in their image?

Clearly that provides a rational foundation to explain all the stupid things they're doing.

[jscott2700]

Whoa! FDR's New Deal is what prolonged the Great Depression. Price controls, wage controls, destruction of capital, shortages, rationing...

Compare the recession of 1920-21 with the GD.  That one started out worse than the 1929 crash, but it ended quickly because the government did NOTHING. I would love to hear how FDR got us out of the GD when he died before we actually saw any recovery.

[whereismybailouttv]

Who makes the editorial judgement on what the "boring stuff" is?

[Provakator]

I dont know what Pollet is talking about. Polices introduced by Roosevelt allowed US to come out of great depression. Alot of reforms that were a part of New deal were successful in getting population out of horrible conditions of GD. As a matter of fact reversing some of the polices of New Deal is what got US into trouble this time.

[infotechsailor]

there is an iota, a fraction of a fraction of truth in what you say as you are referring to the glass steagall that was repealed under clinton with help from greenspan... but you fail to see that derivatives would hardly be possible without the loose credit, artificially low interest rates handed out by the unconstitutional central bank of the united states (federal reserve) who robs americans 1) of the value of their money through inflation and 2) of their interest on their savings by printing

[pulpBleacher]

you'd better re-read the history lessons of Roosevelt/Bilderberg New Deal deal. it was a new deal for them.

[VinceP1974]

LOL. It was the death of FDR and the end of WW-II, and the non-meddling in the economy by the Govt that ended the Depression.

The Depression was created by the Govt and sustained by the Govt.

[mengwise36]

I think it was the "non-meddling in the economy by the Govt" under Hoover that made the depression into the Great Depress.

[VinceP1974]

um yeah. that's for just repeating what I said.

[Aluvians]

I think you need to re-examine Hoover's policies and see how interventionist he really was. In chapter 7 of Murray Rothbard's "America's Great Depression", he explains how Hoover came heavily into make work programs and other such interventionist things. In fact, FDR's 1931 presidential campaign was bolstered by the fact that he was going to run a more humble government. (Obviously, he lied).

Be careful not to merely spout indoctrinated jargon without knowing the full story. Read all sides

[elnnito]

I suggest you revise the history lessons taught to you by the Department of Education.

[WiseEarthMan]

ViVa la revolution!..Down with the Bankster Gangsters!

[Nickelodeon2002]

Fantasic video.

[cowbot2]

Thorsten Poillet is also a regular contributor to mises )dot( org website. Search for author ID 791 or just google his name.

...One of the few Germans on the planet who understands that socialism (even democratic socialism) is inevitable economic suicide.

[Krampfarsch]

im from germany and i wrote him an emial after i saw this, he did a great job. i have never seen him in german tv

[jimmyjoe1975]

What do you think of the German health care system?

[Krampfarsch]

it is a big ponzischeme. we don't have to wait for month for get "easy" treatment, but it is not free! it is financed with high taxes on the people, but even that is not enough, so it takes our country deeper into debt every day. at the same time it drives costs up because someone else is paying the bills and nobody is comparing the prices.

germanys debt is 2.3 Trillion $, thats is almost 30.000 $ debt/people living in germany. someday chickens come home to roost.

[Capnwabbit]

This Pollet guy makes sense too. Noice! (you have to pronounce 'noice' correctly, like nice and noise - noice!)

[311ftw]

even the kraut has my respect .

the crooks call fiat money flexible.

how funny.

max, awesome as ever.

[thomastholin]

Max Keiser is the man!!! Great as always!!

5 stars!!!

[shoeman3434]

Max speaks the truth.

[fatjohn1408]

wait debates between two persons who are really against central banks? Nice

[soundmoneyfan]

wait, the Iraq war was pointless?? I thought it was for 9/11 and he had WMDs......hmmmm.......i may have to look into this, haha

[KingDrudge]

WMD? Wait, i thought we did it for freedom & democracy?

[grossleinbach]

as always great socks Max!!

[medulalumosa9]

Bravo Max!

[GlobVetus]

Thank YOU..... MAX

[Clownfish1044]

I like the episode 3:30-3:34

:-D

[MustacheVerra]

Yes Obama is in the pocket of wall street. I remember seeing a video with Mike Gravel saying Obama was baked by wall street during his campaign.He was eight.

Keep telling it like it is.

[dominicmahoney1]

very interesting, keep it up , Please.

[RoberTastic]

Max you are so awesome.. if i can ever make a movie I'm writing a bit part in for you

[cheomire]

there is a term called dead cat bounce. and it goes that even a dead cat will bounce if dropped from a high enough peak. this market rebound is just that, and then some. the word farce comes to mind

[kenjams]

Go Max! Speak the BLOODY truth,

[doobsta]

Max Keiser for president!

[alphadawg44]

president of who?

[galikazoid]

wow

thanks france 24 for having the german pschiff as a guest along with max

[hugolp]

Yes, Thornsten Polleit is great.

[overseachininadoll]

Max I agree with u on lots but not this that the governt' could've pay off all the housing debts, credit card debts for: all Americans in debts than bailing out the banks. It the government done that, it'll be just worst.

[overseachininadoll]

Just imagine this, your greed neighbor in deep trouble for flipping houses shop like manic but he makes little money. U live responsibly within ur means & paying off your mortgage. Then all of sudden ur greedy neighbor gets the free ride from the government bailout with your tax money become debt free. How do you feel? What kind of world would that be? Where's justice?

[overseachininadoll]

If the government do that, it's call robbing u for your greedy neighbor. There could be a civil war right now bloody battle between the responsible people and the irresponsible people on personal level, God forbid!

[daniel987878]

Wow the other dude was actually advocating sound money. Two guests with common sense on the same msm interview.

[cpnhowdy]

Ya, gotta love Max.

Two bad you hardly ever hear from people like Max on US TV.

[JerryGing]

They actually let guests talk in Europe!

[StopTheRobberydotcom]

Fuck the Fed!

[wingnut4427]

fuck the fed with a bat ! ... with Nails in it !!

[dinkolino2]

Thorsten, finally a smart German guy!! no wonder you never see him on German TV

[bigdad06]

Hyperinflation is a currency event, not an economic one. It is the collapse of the currency which leads to hyperinflation. Max is right on target as usual! Max you need to be on T.V. everyday!:))

[ZedAlfa273]

Don't be surprised if the United States is in complete & total economic collapse by November.

Happy Thanksgiving & a very merry Christmas :o

*****

[FreeganGleaner]

Only about $200 Billion of the $700 billion 'stimulus package' money has been spent.

I can't help but wonder if they're holding it for when the next crash occurs and Goldman Sachs & AIG say something like: "Yeah, um, about that stimulus package money...well we're going to need that too."

They threatened the House & Senate with Martial Law last time.

I wonder what its going to be this time?

5 stars

[kmg501]

That's because the stimulus money is timed to release to aid the 2010 & 2012 reelection cycles. It's just the same old politics catastrophic consequences be damned.

'The plan was not designed to work in four months, it was designed to work over two years.' Right from the horses mouth, Obama.

tinyurl . com /olfjlv

Basically Obama & the Democratic lied to scare everyone into rushing through a bill they didn't read...

[eyewitness043]

A few months ago, when it was predicted that Barack Obama would be the most hated president of all time, most people didn't want to believe it.

[tenagliac]

People do NOT need more debt (credit). They need INCOME. Who's going to pay the people ? American business keeps laying off and shipping jobs away. They are the problem. If the private sector can't produce good paying jobs who's left ? Big talk from private sector pundits but little results. They claim to be the source of jobs ? Then why is unemployment going up?

[AmericanCyberGirl]

am i seeing bright white eyeshadow?

[fal2grace]

I love Max:)

[LLCoolPass]

u nixed the french woman out hahaha

[pinnaclepix]

Keiser RULES!!!!!!!! this guy should be in US TV

[Danster82]

The German guy being interviewed was good, hes right the problem of all the problems is the private ownership of paper money printing, so you can focus on surface level problems like unemployment, interest rates, tax policys, but who cares? if its all the result of the former, fix the core problem, namley private central banks loaning their credit to the world and putting the world in debt to them...

[vorotnikova]

Hey, I know how to solve France's debt problem: do what UK's "genius" Gordon Brown did - sell their Gold, hahaha...

[MattyS54]

sell gold and print money - the sure-fire route to economic ruin :D

[acetylslicylsyra]

Doesn't nations in europe also "correct" their inflations and gdp figures

[vorotnikova]

they "massage" their numbers, lol... Marc Faber's term

[acetylslicylsyra]

haha, maybe not so far off. "oh the papers say gdp down by 0.2%, but this massage feels so good it must be up 0.3%, let it be done"

[RomeoMD25]

People who do not understand economics are funny. A credit crisis is basically a debt crisis. You don't get out of a? debt crisis with more debt.

[LLCoolPass]

yes you do.

[CammieSpectrum]

awesome

[Lynchian74]

This guy is one of the smartest people on the planet. Would love to go out and have a few beers with him and Gerald Celente.

[LLCoolPass]

why , he's smart but you want to intoxicate him? how good would that be? HAHA

[daniel987878]

A few, not a dozen beers.

[sfmain]

THanks for the vids