US economic crisis-On the Edge with Max Keiser-08-19-2011

[deutschbuch30]

Press TV is deeply biased and I suspect sometimes actually lying and making shit up; The only people who like this are unforgivingly biased Muslims.

A channel by the "Death_to_America & Death_to_Israel" nutjobs

for the "Death_to_America & Death_to_Israel" nutjobs

...I'm here just to watch Max Keiser; It's a pity they exploit his message though.

[dotcompost1]

"When the social contract is broken the people must revolt." - John Locke, 1790

[SeventhRoar666]

FFS! the crisis is BUSH FAULT! he spended 3000 trillion dollars on the war! Even you americans must understand that destroying one tent for 100000 dollar is not smart!

[simplenametag]

I love how he called Obama a republican. I have said the same myself for a while now.

[itachiitachi1946]

it drives me nuts spending all day in banks organisations,markets then thinking over and analysing how to secure my money and be richer.dammit.its like u dont even have the right to be rich.do a tiny mistake and ull end up lossing a shitload of money.or steal u(taxes,ur state,bankers,common theives).its like a curse and a bless.i lost today 80 bucks. i MUST be richer evryday(golden rule) by 4500E and i got today only 4420Euros damit.first time i lost money and im fucking mad i wanna kill som1

[DeadJesus100]

The human monkeys will wake up when its too late

[COMMOGSE]

@TrannyDoo

TrannyDoo , where are youuu !

[funkyflights]

USA is in big trouble... The people in the USA better wake up and stop believing this Socialism BS that's been fed to us... Were moving further to the right and further control by corporations NOT the government... Our politicians are for sale and there owned by the elite...

[p32charge]

Is this video for real???? That man with the lisp doesn't seem real!!!!????

[WilhelmDrake]

The two things that give me hope are Classical Economics and Modern Monetary Theory (Chartalism).

[PanHustej]

Unoted States are the 90% contributor to international jewry UN natios council organisation and that preventing countries from ruling themselves the way want or desire, but giving them knife on neck - by with us/ruled by us or bombs.. lets see what happened in former Juhoslavia and now recently in Lybia.. Of course it means that you gonna have to sell for cheap sell-off price your most valuable assets.. so.. stop crapping bullshit and say that it is about some ridicoules freedom.. jokes!!

[Mopar21277]

Wow, what a show Max, best one ever! Dr. Hudson is amazing; his dissertation on the Chicago School and Obama Out-Tea-Partying the Tea Party thru Left Deception and Cover is right on. It is so frustrating to hear the Blow-hards call him a Marxist...

Mr. LaRouche and Webster Tarpley's plans are the only solution, Economy is about Production and the People and Standards of Living; NOT money.

[rvrola]

THE ONLY SOLUTION FOR THE USA IS TO RESTORE GLASS-STEGALL & IMPLEMENT THE LAROUCHE PLAN. OBAMA WORKS FOR THE ANGLO-DUTCH OLIGARCHY. GEORGE SOROS IS THE GOD-FATHER OF OBAMA WHO MUST BE IMPEACHED TO SAVE THE USA AND THE WORLD FROM A NEW DARK AGE. GO TO THE LAROUCHE WEBSITE AND SEE THE SOLUTIONS. IT IS ALL THERE. OBAMA IS A LIAR AND MUST BE IMPEACHED NOW. THERE IS NO HOPE FOR MANKIND IF THIS BUM STAYS IN OFFICE. HE IS WORSE THAN HITLER. SPAM HAS A HIGHER RATING. END MONETARISM. END WALL STREET

[DarthTroller]

@rvrola There is no solution that will save the United States. While the American people are busy watching Jersey Shore and their children are worshipping Justin Beber and the whole disney cult, their country is being dismantled. The American people will do nothing to save themselves let alone save their country. Its over and those who are smart enough to know this should be smart enough to move out of the cities and stockpile dry food and supplies they will need to survive the carnage.

[electrasong]

@DarthTroller - You nailed it in one. But the truth hurts and means everybody has to 'change'. It's like turning an oil tanker... it takes a long time and most people wouldn't want to pull that hard.

[p32charge]

@DarthTroller Might want to learn how to till the land as well. Car for livestock. Get some books on home remedies in case of illness.

[nayanmalig]

@drqpt sounds like your having it off with your mom. have a great time maniac.

[nayanmalig]

@drqpt now ur comparing USA with asia. first with black tribals. next with whom? taliban? hmmmm...

[zeph1955]

Thank you for speaking truth Mr. Hudson. Many of us tried to warn everyone about O when he decided to run for president. We were trashed and called racists.It is not a comfort to be able to say told ya so. One thing is certain -- he has succeeded wildly in tanking the Dem Party for generations. Mission accomplished.

[robertb2468]

I see we have a lot of low IQ TEAPARTY HOBBITS here, And thanks to John McCain for the new and proper name for this cult that you presented on the senate floor. Your probably all fake persons anyway created by Koch Brothers Inc.

[tigerone1970]

" The statutory debt ceiling and the threat of default have become political bargaining chips in the debate over fiscal policy. "

Game. Set. Match. 

[closer71]

This guy is delusional...though he makes some excellent points and is on the right track. Bottom line: Obama is no Tea Partier and the Tea Party is not looking to shrink GDP and wages! They want a return to sound currency and a reduction in the size of the federal govt. and its financial obligations. Don't be stupid...

[tigerone1970]

@closer71

" Obama is no Tea Partier and the Tea Party is not looking to shrink GDP and wages! "

Huh? They were just trying to crash the markets by downgrading the US at rating agencies. You may say that this isn't what they intended to do, but that only means you're calling them stupid and ignorant, especially ignorant of economics and finance.

So no, Barack Obama is no tea partier.

[closer71]

@tigerone1970

No, sir. I'm afraid your glaring lack of intelligence has gotten the better of you...they weren't trying to crash the markets. Talk about delusional...if you worship Obama like some kind of god, that's your choice; you have some deep seated issues. The fact that you claim the Tea Party downgraded the US credit rating when even the most communism loving liberals know that isn't true is a testament to your ignorance.

[tigerone1970]

@closer71

" The fact that you claim the Tea Party downgraded the US credit rating when even the most communism loving liberals know that isn't true "

This is from the people who downgraded the US, Standards And Poor (real commies): " The political brinksmanship of recent months highlights what we see as America's governance and policymaking becoming less stable, less effective, and less predictable than what we previously believed. "

And...

[vortexy1]

You Americans are bastards! Fucking Assholes!!!!!!!!!!!!!! Destroying the rest of the world!!!!! You created indusrial revolution, the world was satisfied in an agriculture based economy!!!!!

[tuber123asd]

@vortexy1 So why did they then buy into the industrial revolution instead of staying with ag-based economies? I'm not defending America, but you're sovereign nations, and you made your choices. Don't blame the US.

[PanHustej]

@tuber123asd Well.. the problem is that you allways stand on the wrong side.. and that wrong side is your side.. and the reason why that "your" side is wrons is, because it is not your side at al, but side of international jewry.. we wanted to deal with them in the past and you have defended them and screwed us up and yourselves!! That is ultimately vortex's point.. you talk about sovereignity while you interfer and destroy sovereignities and countries.. it is 5 past 12 for you to start care!!

[meridian57]

@vortexy1 Ummm...excuse me...that was a different generation...and America wasn't alone when the industrial revolution happened, Europe was in it too. The people who started it are all dead now and the majority of Americans are suffering economic woes. We're a third world country too now, don't you get it? Instead of wasting your time hating an impoverished group of people, why don't you direct that ire at the rich bastards who have screwed us all?

[Dziaji]

This is total nonsense. Obama is the opposite of the tea party. This guy has no idea what hes talking about. The tea party position is to balance the budget and lower taxes, not to run the biggest deficit in US history and raise taxes on all levels. Obama is so far left he's off the scale.

And the tea party is not "In league with the republicans". The tea party is trying to reform the republican party into a libertarian minded ideology.

[mdranias]

The absence of regulation is not the absence of liability. Even without regulation there is prosecution.

Regulation can be accomplished by the government or by insurance companies that are in a semi-adversarial relationship with their policy-holders.

[cgng37]

this "professor" is plainly being rediculous with his unfounded theories

[nayanmalig]

@drqpt so the US behaves just like black tribal leaders? not very civilized...hmmmm...

[5160RBB]

Oh, Not unique, but equally terrible, compare Stalin's USSR, Germany's Nazi's etc. The Chinese, the Japanese, the British, there is plenty to go around. So far we are the only one to deploy neclear on humans, but in Japan we actually killed MORE Japanese with the incendiaries, think about worrld history. And that is just within the 20th Century. There is plenty to go around, humans are a pretty nasty animal per world history, check the last 10,000 years.

[1977Melville]

By their deeds you shall know them.

[eyewitness043]

@1977Melville - Amen

[1977Melville]

Obama....typical shitty American politician.

[5160RBB]

The country IS FASCIST for sure. It certainly meets Mussolimi's OWN definition of Fascism. we do not make anything, we just "speculate". WE "farm out the work". With that and Keynesian Economics we are DOOMED, BB Ellis County Texas.

[wozzek22]

The country founded on plunder, genocide and slavery turned out to be a pure criminal state. Vote for Repulsive or Despicable party and you condone fascism and endorse your own demise.

[5160RBB]

@wozzek22 Sadly, just about EVERY civilization throughout history has been founded on genocide, slavery, and plunder. I CANNOT think of even ONE that wasn't. Doesn't make it RIGHT but it is a fact as far as I know, BB Ellis County Texas.

[wozzek22]

@5160RBB Perhaps but the U.S. is quite unique: they have committed a genocide over a numerous red people (native Indians), enslaved the black people (kidnapping millions Africans), threw an A-bomb on the yellow people (Hiroshima and, "was it really needed a few days latter" Nagasaki) only to now occupy, pillage and plunder numerous countries of the brown people (Iraq, Afghanistan, Libya, Pakistan...).

And now they have their own people to further enslave, impoverish, imprison and murder.

[liagarden]

@wozzek22 Well, to be "fair", there were no "Americans" when slaves were brought to "The Americas." (West Indies)

[5160RBB]

@wozzek22 I agree with you, the two paries are a Duopoly, they ARE Repulsive and Despicable, and they practice and promote the very same economic plundering and call it "policy" and then pretend to be "different" and people buy it. It doesn't matter which one is in power the SAME downhill slide continues. We need a REAL THIRD Party to rise up and crush the other two and not allow "defectors" to obtain office. BB Ellis County Texas.

[greatbroad]

Sounds like Obama = Trojan Horse

[mphello]

Green Party 2012!!

[natritious1]

@MrShittyFag I agree, the left got us into the debt crisis with their spending. Max keiser is a wolf in sheeps clothing. Hes a Keynesian

[MrShittyFag]

@natritious1 He ain't no keynesian, but he is a protectionist. And he also doesn't seem to be able to recognize socialism when he sees it

[mphello]

Obama = Republican = Nazi

[juginger]

Everybody who is preselected by TPTB is nothing else but a tele prompter reading puppet. But Americans usually vote for the one with the best advertisement, and I guess it will be not any different next time. Obama is a cool hoax, an agent for Wall Street. Wished people could see this finally.

[mrzack888]

libertarian economic views are childish and one dimensional. very selfish.

doesn't look at the cost to society. disgusting mises austrian economics. 

[mphello]

@mrzack888 Great comment! That's because libertarians are selfish irresponsible mentally inferior babies who cannot properly mathematically model ALL the consequences of their actions.

That includes eating meat and torturing/murdering non-human animals.

[YouriCarma]

Obama has no vision at all. He just does what his masters ask him to do. Takin vacations and read his teleprompter.

[R1guide]

OBAMA IS NOT BLACK, HE IS MIXED RACE, AS MIXED AS THEY COME. AMERICAN WHITE WOMEN+BLACK KENYAN. GET IT RIGHT PEOPLE!!!

[cpgone]

The system is hopelessly broken.

Direct democracy (possibly w/RP) or total collapse are the 2 paths ahead.

Prepare.

Donate to,vote for and elect Ron Paul 2012

[harveybirdmannequin]

Yay for Michael Hudson! A real economist not like that phony Peter Schiff.

A capitalist pays a worker $1, sells the product for $2, makes a profit of $1 and has contributed nothing except for the fact that they possess capital. It's usury. All usury systems collapse. One inhibitor is the fact that there is such a thing as a bad investment. However, ultimately there is a point where capital terminally accumulates and there's no incentive to expend capital to get more capital.

[slhines7]

@harveybirdmannequin How is Peter Schiff phony? I agree with and like alot of what Schiff, Hudson, Keiser, and many others. You just got to take the good with the bad nowadays. No one is 100% right, although Schiff has come pretty darn close.

[harveybirdmannequin]

@harveybirdmannequin

You need to tax the unproductive profits, the investments, financial sector, etc. Do not tax the worker that who contributes labour. Tax the capitalist who charges usury, rent, or, in modern times, the shareholders of corporations who profit from capital (collect a dividend for holding stock). Will they stop investing? No, because that means they will actually have to work for a living.

The Tea Party is just crazy. I don't think there was ever anything sincere about them.

[harveybirdmannequin]

@harveybirdmannequin

Money has no intrinsic value NOT even gold. Bunch of idiots. It represents goods and services.

Money has no economic utility when people horde it. The real value comes from getting people to do productive things to chase it.

Notice how scientists/inventors/doctors who can make something that saves billions of lives are nowhere near the top of the socioeconomic ladder? It's those who hold the money. It's hardly fair. Capitalism is not at all about freedom.

[georgemargaris]

@harveybirdmannequin Gold is the only real money because of extreme durability and scarcity. Also accepted everywhere anytime in history.

We never had real capitalism in our world. What we have is corporatocracy and cleptocracy.

Free market never really existed, because in a free market the big banks would all have died in 2007 / 2008.

Instead they got bailed out with tax payer money.....corporatocracy!

The elite manipulates everything . Oil / gold / food price, our minds our lives etc

[mphello]

@georgemargaris And we've never had any real communism or socialism in China, Vietnam, etc.

So, paranoid anti-socialist alarmist nutjobs have NO business blaming communism or socialism for any social problems while refusing to condemn apologists for capitalism.

[georgemargaris]

@mphello I blame big government. In all its facets.... be it western corporatocracy... or eastern communist dictatorship. Eastern or western its the exact same thing with the big government machine.

Big government is the biggest enemy of humanity. And the biggest murderer of all time.

[liagarden]

@georgemargaris No. Religion is.

[georgemargaris]

@liagarden religion is just a tool that is being used and promoted by big government.

It helps dumb down the people.

Its something like an early mainstream-media.... not here to inform people, but to tell them fairytales and scare them to death.

Without the help of special interests by big governments the big religions in the world would never have grown so big and reached so far.

[mphello]

@harveybirdmannequin AMEN! BEST COMMENT EVER!

[meadowlassie]

Communism has czars and Obama has tons of them. Obama is a black, Falasha Jew communist.

[patrickcorliss]

$13 TRILLION !!!  WOW.

[Saywhatyoumust]

@patrickcorliss - I think you will find the US debt is actually much, much more than $13T. There is no money for the up and coming baby boomers retirement - medicare, social security etc etc., and they are about to retire within the next year or so in their millions for something like the next 15 years. The debt apparently does not include the Freddie and Fannie mess + any wars. Please feel free to correct me if you find I am wrong.

It seems to be more of a mess than they dare let on.

[harveybirdmannequin]

FIRST IS MURDER!