Capitalism is eating itself in america Max Keiser

[pigletized]

This guy is soooo Right!!!!

[klard]

People keep saying "eat the rich" but the canibalism is the other way around. The rich are devouring any equity stakes that people have in this planet at all. We are returning to Lords and Serfs.

[wafflepistol]

This guy is an idiot. Americans don't speak up because they don't want their jobs shipped over seas.

[klard]

@wafflepistol Americans are idiots as their jobs are shipped over seas because they don't speak up and assert themselves.

[nyvingen]

If the home team win and they're able to find their way to Wall Mart,everything is just swell in OZ.

[NebulaWAR96]

This Marxist fool is just pissed off because he tried to pay our capitalist Stock Market, and he lost all his money. Now he going to cry and call us names. Guess what buddy, your great European economy's are so bad that a good economy to you guys is 10, 11, 12% unemployment. We consider that borderline depression. Workers in USA work harder and longer hours then anyone in the world. Without American workers you Marxist pigs would not have the technology to have a computer to post these videos.

[leppy111]

Bullshit, Turing started this all with the cracking of the Enigma machine that the Nazis had. Computers were only a matter of time after that, it may have taken a little longer without the greed factor but they would have still been invented. your estimate of a hundred years is like saying the Automobile would not have been invented if it were not for Henry Ford - ridiculous . get over yourself it's over for the capitalists.

[ORDENILLUMINATI]

Community/Workers of the world unite!

[MysonbeWise]

See NWO Solution

[REAL88E]

well we are to fat to revolt right now but we will whewn the the banks starve us a bit more.lol

[lalieth]

So...everything private is a "rouge agent"? That's frighteningly Matrix like.

I'm sick and tired of hearing all the bitching about capitalism. I'd like to ask those people if they have a better plan. Yes, it results in inequality. But, know what you'll have if everyone has the same thing?

A FEMA trailer on a paved lot.

Enjoy your communism.

No capitalism-no entrepreneurs. No entrepreneurs-no internet, Ipods, Youtube, microchip, plastic, CocaCola, pasteurization, and so on and so on.

[ElFrankus]

Ehh...you say:

"No capitalism-no entrepreneurs. No entrepreneurs-no internet, Ipods, Youtube, microchip, plastic, CocaCola, pasteurization, and so on and so on."

You have to prove that statement, buddy.

Bet you won´t.

[NebulaWAR96]

Bet anyone with logic and common knowledge can take a look around and see that its the truth. Without capitalism we would be about 100 years less advanced then we are now. Now the world can stop bashing the united states and start thanking us for once. But regardless we will still help the weak around the world no matter what you think of us. I Challenge anyone to research and see who in the world is the most giving nation. Then stop and think if one day we were to just stop.

[SuperWoodrat]

@NebulaWAR96 fuck u period,,who ask u for help

[kroznot]

you are making a lot of assumptions here which you make no effort to back up with any evidence. i think materialism is a much more serious problem than capitalism, but it seems humanity will continue to degrade as long as political and business leaders can be bribed or enticed. we need to get off of money in general and learn to contribute to society simply because we are a part of it. out crisis is a crisis of ignorance "b. fuller"

[kaching012]

not all people work because of greed!

most are happy when they can feed their family and can live in peace!

if we finally have a working communism people like you wont be there anymore and the world will be a much better place!!

[Elin48]

This is really very powerful information...and unfortunately very true as well.

[rotagen5]

US CAr industry Has ZERO future, that is if people ever get a clue and stop buying American Pieces-O-CRAP.

Chrissler is the WORST of the lot, but its all garbage, in US we buy the cheapest part. In Japan they tell the suppliers how to make quality stuff, then they STICK with them. Agreed, capitalism will eat itself by 2012, Trillions are "missing" from the bailout for bankers

[thomaserossi]

"American Workers would be gunned down by Homeland Security."

These two guys are idiots. For starters, supporting vigilanteism is morally corrupt. Finally, in America the workers wouldn't be gunned down by Homeland Security, they'd be gunned down by Americans fighting against communist union workers. Probably by the bosses themselves.

[rctube1958]

How is vigilanteism morally corrupt?

[HarveyRex23]

I guess the only threat to capitalism is capitalism. Not communism or socialism. But Capitalism. Especially the predatory system we have in place now.

[regenphoenix]

I seriously doubt Americans are going to want to buy into those dinky little Fiats,

Those are not the type of cars Americans need based on their needs. They may offload a percentage, but not nearly enough to create any sustainability. WE HAVE ABSOLUTELTY NO BIZ BAILING OUT DETROIT! They did it to themselves.

[beetsareback]

Boy?! The turth really does hurt......

[FluffyFeralMarmot]

LOL, the bankers are trying to destroy the workers?? The Commies lost, comrade...go back to your kolhoz.

[DC950]

Interesting. Hedge funds and other investors have lent billions to Chrysler by buying its bonds. So the investors should have to give up the rights they legally have as creditors? So the fund managers, who have a fiduciary responsibility to the thousands of people who gave them their money, shouldn't try to minimize their losses by getting as much of that money back as possible? So the funds should tell their investors they decided it was best to sacrifice their money for the UAW? Why?

[GuerrillaNewsChannel]

wow!!!!Now you know why Keiser is never on American TV..Cuz he speaks the truth..He's right most,americans are fat,lazy and stupid..When their bellies are empty and they have lost what ever they had..then they will wakeup and raise..

[matchbox555]

we have fascism because capitalism doesnt work

but fascism sucks

what we need is socialism

[truthsabre7]

Don't the bond holders in bankruptcy law the first to be paid? Would you take 29 cents on the dollar?

[bowenbo]

I beleive Max is wrong here...unsubordinated debt bond holders wanted Chrysler to fail and the assets sold to the best bid not Fiat in order to recover the most money possible from their bonds...that is completely legal.

[Learkins]

The American workers are blind to the real problem, they don't know it is the bankers that are the problem. They believe that management and Fiat will make this all better. They are Americans distracted from the truth.  Our American news is corrupt and Americans do not investigate for themselves, they believe the lies and move on with their day in hopes that someone above themselves will fix the problem.

[PestControl02]

good call Max- right on target.

[InkedXyz]

Max is 100% correct about American workers/taxpayer. We are here only to keep the hamster wheel turning for those that would rob us, and leave us homeless.....

[fgiugliymop]

Max

the problem in the states is, to many people pay no attention to what the gov. is doing, they could care less. Only when they need the gov. does it exist. Workers need to stand up and demand fair treatment it is your right.

[Pnkbong]

Remember when Mersadise Benz bought Chrysler, then lost a ton of money and had to pay a private equity fund to take Chrysle off it's hands?

[vorotnikova]

Fiat will only loose on this deal. Stay away, Fiat - don't do biz. with the government - it is a loosing bet.

[clearasvodka]

American workers have basically become a mirror image of the American citizen. As Americans we roll over and take it up the tail, blindly waving a flag and voting into office complete morons who make bad policy. It's time to not comply. Time to say enough is enough and shut down the country through massive strikes. Shut down government by not paying taxes. All means possible should be used to eliminate crook bankers and CEOs and phony politicians.

[DavidAKZ]

What happened to the unions ?

[jarden69]

Listen to his message...the question isn't what happened to the unions...the question is WHY are the workers NOT in the streets rioting with torches and pitchforks in their hands, and tar and feathering the bankers, hedge fund managers, and politicians? They should have been doing this 12 months ago...and yet they still doing NOTHING.

The country, it's workers, and the middle class are DOOMED unless they take bold and swift action NOW.

[enkelin32]

Ronal Reagan happened to the Unions, Then Nafta happened to the Unions. Nafta was Reagans Campaign Promise in 1979.  He developed it GHWBush in Dec 1992 signed it into law and Clinton finalized it.

[jarden69]

100% Agreed...please see my comments like yours above.

[Freemarketeer81]

Is it just me or do the talking heads seem to develop a slight twitch when they have to reveal that Max Keiser is their guest? LOL

[x7isrich]

I unfortunately agree that American workers have, on average, become completely complacent. I see no *meaningful* measures of protest, while everything gets taken away from them unjustly. The US ought to be tearing the system apart, but instead they just bend over and take this stuff. They still believe Obama has their best interest at heart and is going to save them.

[rayme4raw]

Look at what has happened for the last thirty years, strong workers with a voice have been either fired, humiliated or bullied. Inflation has been ongoing, destroying the wealth of the middle class. Most are poser middle class now with mortgages, car loans and credit card debit, that's not middle class. If you speak up you lose your job and everything else. When we have nothing left to lose, we are going to lose it, thankfully we're armed and heavily medicated, F--k Ob--a!

[escapethecollapse]

What's max talking about? This whole thing is government's fault, we don't have capitalism in America!

[enkelin32]

What you are witnessing is PURE capitalism, where the Capital (Hedge Funds) calls all the shots for the people of the nation. Americans have been brainwashed into voting and believing against their own best interestes and have been doin so since 1980. that is why Income disparity has gotten to totally out of whack.

[Rustyshackleford08]

No this is nothing close to capitalism.

[enkelin32]

The end product of unregulated competition is Monopoly. Greshams law "Bad money crowds out good money. People ( read Capitalists) will always find a way to swindle their comptition AND thier customers to maximize profits. It has been repeated over and over in History. YOU have been brainwashed to think Capitalists operate honestly and altruistically. You Believe in Utopian Capitalism, I see it for what it really is.

[Rustyshackleford08]

This isn't capitalism, you can't have what we have had for decades and call it capitalism, its fascism.

[enkelin32]

Capitalism is not a political system, it is an economic system. But you are close. Fascism is the wedding of Corporatism and Totalitarianism. Fascist hate socialism but LOVE Corporatism, They hate the workers and love the Owners. Hitler OUTLAWED the Socialist parties and Killed all the Communists. He then made all Labor unions ILLEGAL. He then conscripted slave labor for the corporations to build their Fascist Utopia. My grandfather was conscripted by him.

[DavidAKZ]

No the gov are patsies in Play School.

[wcarlpdrysdale]

5:14 subliminal noise WTF

[anyusmoon1]

Uh the title.. "Capitalism is eating itself in america Max Keiser"... we don't HAVe capitalism in America, we have FASCISM and OLIGARCHY, each all bad, for sure, but NOT CAPITALISM.

[enkelin32]

another name for Fascism is Corporatism, the wedding of corporations and government for the benefit of both. It is Capitalism with the force of government behind it.

[anyusmoon1]

Capitalism is voluntary individual investment made with total responsibility of risk and reward in free markets that have no obligation to contract with that individual or have multiple individuals to contract with.

The only 'backing' gov provides Capitalism is the legal force to protect the contracts (or innocent bystanders) against fraud, theft, physical attack and provide a minted coin by which the free market can rely on to use, or not, their choice.

[jusblaze99]

i dont think he should say the workers deserve no respect, they're just ignorant to how wallstreet is commandeering their future... yeah its their fault, but it still sucks to see it happen.....

[schlongy2dope]

max bring back the hooded top and red trainers : )

[dumbbell33]

Great work mate !

[pulpBleacher]

Thanks for getting me my Max fix.....just in time

[BamaKattt]

Max speaks the truth once again!

[joevg]

Bankruptcy Law says creditors get paid before equity holders -why should the government be able to change the rules and get paid ahead of the bond holders.

Imagine having a loan with a friend secured by his car. Your friend sells his car and offers you 33 cents on the dollar. instead of paying you back 1st. Sounds fair ..right?

Pension and hedge funds are the scape goats on this. Government is wrong - should not of forced conditions on non-Tarp members that didn't want to play along.

[5starrater1]

this was actually awesome! You got so much into this!

[5starrater1]

looking great Max.