On the Edge with Max Keiser - 16 October 2009 (2/2)

[rpolga]

Guess who will come to save Latvia?

Russia.

Yes baby! The empire is rising.

[jaceklupl]

Latvia don't use EURO. Keep kissing french asses

[buddcinder]

I don't think having the knowledge of anything is driving him crazy. Knowing that everybody has the knowledge and seeing nothing being done to derail this crazy train is what is driving him nuts.

The power at the top is far too strong for any real changes to happen without all hell breaking loose world wide.

What I don't understand is why Americans haven't burnt down the white house and congress in a mass lynching.

[123123mike]

Take comfort, while they're taking everything that isn't nailed down at the moment, there will soon be nothing left to loot and they'll have no choice but to start preying upon themselves. It is their very nature. They won't be content to sit back and enjoy the riches they have accumulated. Power requires more power. The game must continue until there is only one winner! Remember Monopoly? Last man standing won the game. Second place didn't count. Take comfort; it won't be long now.

[123123mike]

I absolutely love this guy.

[freeoriginalsongs]

Capitalism brews imperialistic pigs.

[30percentplusreturns]

free, you mean crony capitalism. Thats what America is. America is one big fraud these days run by goldman sachs.

[madhuradi]

looks like there are two types of dollars in the world

money you owe to the bank- sacrosanct-nothing doing

money they owe- aaahhh,what's between brothers

[TheHorsenation]

Max is real funny.

lets hope he doesnt get crazy from all his knowledge. I know, when you know so much about a criminal system, you start laughing about it because it is so ridiculous :)

[Lingerfoot]

Sir, what is funny about the criminal system? I know it's all about money, but please explain.

[rollsthepaul]

Gordon Brown is the deadest duck in town.

[terfle1106]

tenagliac : Seems to me that you are absolutely right ! War is man's passtime. When he gets bored he blows everything up. Modern day soldiers don't carry guns any more, they are the NWO banksters who wage war on our wallets. Keep smilin bro !

[tenagliac]

Sounds like conquest. Not in the military sense. Don't want to harm the assets. So the conquistadors use banks and money to subjugate nations. Time for a declaration of financial independence. Eh ?

[bossduff]

You said it Max. The governments should be looking in the mirror for the crooks.

[terfle1106]

Ha ! The gouvernement does'nt have a mirror any more... they pawned it !!

[Dkouts57]

2:50

and watch the eyebrows at 2:55

"holy smokes how many?"

[lucius1976]

Well Latvia is surely in a bad situation. But, lets not forget their economy grew at a rate of about 10 % every year since the beginning of the decade. So in that sense the downtown is proportionally not bigger than that of the western states.

[oiuoiu988]

while i dont agree that the latvians should pay the swedish banks for houses they do not want or be on the hook for the debt, i do think the? recommendation of closing down STATE RUN schools and hospitals would be a tremendous victory for the latvian people. i would recommend closing the schools as soon as possible and slowly phasing out the hospitals with an eye towards erring on the side of caution.

[oiuoiu988]

if there is demand among the latvian people for education and health care, it will be provided by the latvian people. the trick in this privatization process (along with not having to borrow from the imf or world bank) seems to be having the patience and confidence in the latvian people's ability to provide education and health care to keep the multinationals at bay but i believe im not the only person who notices this. .

[oiuoiu988]

i believe the trend will be to avoid using foreign companies in the absense of state services. things will get bad and some countries will look to multinationals, some will even relapse back into nationalization but the countries that avoid those 2 fates and avoid paying high interest rates on foreign loans will be much better off for their patience.

[harveybirdmannequin]

I hope Latvia, Iceland and all the other small players in the world now know their place. If you want to be puppet states of the West because of promises of wealth and protection from Russia and China, that's fine. Just know that it comes with a hefty price and when the USA squanders all its good will and wealth, the first ones to be thrown overboard will be the puppet states.

Did you honestly believe the West has your best interests in mind? This is neo-colonialism. The West has not changed.

[sjspellman]

Max is right on, indicating New World Order is at hand. Like the Bible says, the Last Days will come upon us "like birth pangs": Iceland and Latvia are smaller examples of what is spreading world-wide. Wait until the IMF is the Central Banker of the World, with one-world currency basket control.

He's worng on nationalizing the Banks, though. The governments are so corrupt (see Marc Faber) it would make things worse. Let the Banks just fail: the only way a new financial system can come about.

[arcanekrusader]

Yep, max is right on apart from his socialist leanings. Let the market be judge, jury and executioner!

[RandomnessRules00]

there needs to be a crisis response by the ppl. just because the ppl dont realize theres a crisis dosnt mean there isnt a crisis and eventually everyone will eventually be aware of the crisis. so the sooner ppl no wats really going on the sooner we can fix the problem

[VyseLegend]

Lol...when Max was laughing its like the Joker taking delight in society's downfall. :)

[Dkouts57]

c'mon, who doesn't like the joker?

[personova]

Hi max,

Drastic actions for the US will only occur in response to crisis. Most likely a dollar currency crisis. So if we follow this line of reasoning, at some point there will be steps taken to save the USD. This will include some very drastic cuts.

First smaller social programs, then pension guarentee program, then Social Security, then Medicare, then Medicaid.

Defense should be cut first, then foreign aid, and FED foreign loans.

[pretorious700]

Will never happen....look at who is in control now...do you think ANY programs will be cut?

[personova]

Never is a long time.

Fiscally and monetarily the current administration and FED are not in control, they are out of control. The money spent does not address the systemic problems.

One example is that for FY2010 we may hit parity in Social Security.

Also, the hidden agenda for the health care bill, is a referendum on Medicare, especially Part D. But, very few politicians would use the M word (Medicare) in discussing the legislation.

[its1986davidbowie]

We spend any where from a quarter to a third of our taxes on the Military Industrial Complex, in fact last year we spent 711 billion dollars on the MIC, thats 49 percent of the total spent world wide.

Eisenhower was dead right.

[1bchrisd1]

POOOOOP

[bertly71]

I like Max. He cuts thru the financial industry speak that most commentators learned in college. It is understandable only to themselves. He communicates to the masses.

[RichardD42]

US really need to do what Latvia is trying to do.

[RoberTastic]

USA can't - we will collapse worse than Russia in that case. USA needs to collapse the banks in controlled demolitions and raise interest rates and balance the budget. It would cause 50-75% unemployment in my opinion but it would maintain sovereignty

[RoberTastic]

oh wait - it probably wouldnt' maintain soverignty over time. USA is screwed.. or at least a large part of it

[Lingerfoot]

Sir,what does Mr. Keiser mean about going back to the "Plantation days"? What about The North American Union and The Amero?

[RoberTastic]

indentured servitude. the middle class are going to be poor and indebted while banksters and politicians stay rich

[Lingerfoot]

What do you mean maintain sovereignty? The New Confederate States of America? Lol! God Bless America; United we stand, divided we fall and fail.

[RoberTastic]

Quit drinkin the coolaid dude - there are a lot of great americans obviously but if USA collapses it won't be because anybody wanted it to or not, it will be because our sociopathic leaders and banksters that let America crumble while lining their pockets. Also most of the American public have been pure sheep and arrogant about our leaders decesions - no excuse really

[Lingerfoot]

Sir, have you read Conspiracy of the Rich by Robert Kiyosaki, or END THE FED by Ron Paul? Those books helped me alot.

[LastReplaySC]

only by supporting these bankster and corruption living up the standards as a "PUBLIC" can this kind of shit happen ...

start looking in your own backyard first

one thing cant function or work without the other.

[marniespeaks]

why not just take away all their wealth?

anyone who is worth over $1 million dollars everything is confiscate. Put it in the public trust - take their banks, land and, any assets including commodities within the border of the US and put it all on hold until the authorities and the IRS have a look.

Any one caught trying to move them out of the country will be subject to jail and possible treason - if they flee they lose it all and are exiled forever.

The way I see it, It's them or us

[homertalk]

Stacy's cute!

[realrasher]

"Have some meatballs."

[RichardD42]

Cheap. BUT he is good on that.

[RoberTastic]

Latvia must default! Screw West Europe

[RemiG2006]

No, they won't!

[vorotnikova]

so should US and screw all the lenders. next time let them be jittery about lending to US government officials.

[RichardD42]

There is no problem. No devaluation in sight, have some dollars!

[flyhead2]

Max does great without his Ritalin.

[RCinPAWA]

Everyone does great without his Ritalin.