solution for the economy ( Max Keiser ) 401k pension funds nationalization recession depression

solution for the economy is to raise interest rates; not cut them, americans have no savings, how banks work, banking underpinning, rollover movie, 401k pension funds nationalization, social security is a Ponzi scheme, recession depression, recorded on October 25th 2008

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[KanchoKomancho]

Stacy is OOOO.K., but Max is the man

[VENGEVENGE]

you a lucky fool max........stacy is well you a lucky fool yu deserve it though.....every revolutionarys need a squeeze and shes......well i am envious

[theabomation]

That is when revolution happens...@gosciu555

[DirtyVegas7]

This country is going to end up just like Zimbabwe needing 200 Quadrillion dollars just for a loaf of bread...fuckin stupid.

WAKE UP America and start buying Silver and Gold and stock up on food before it's too late.

[gosciu555]

How can the consumer save WHEN HE DOESN"T HAVE A JOB? Also how can the consumer save when they have gone and busted his union and driven down wages? How can the consumer save when HE DOESN"T HAVE JOB BECAUSE THE US HAS BEEN DE-INDUSTRIALIZED? The meat and polatoes of any economy is PRODUCTION, the productivity of labor, the efficiency of large scale, high intensity production. We also need to get rid of this culture of usury and debt which is of course fermented by the banks and CC comps.

[gosciu555]

How did Roosevelt screw the public? You mean when they tried to get the dollar on a gold standard? They dropped that later when they went to the Bretton Woods system. Anyhow, the value of any currency is backed by the total productive power of the nation.

[doctorofghetto]

From my perspective, If Congress and Presidency from 1913 can easily transmit financial power to The Federal Reserve, these braches can do the same even in these troubled times.

Congress can make taxes, President can help in vetoing the Fed, if they were not totally corrupt.

[dnwndls]

Would that be harder to do then what has alrady been done

[doctorofghetto]

I wish that was possible, but our money supply has to either contract and/or be backed up with some secondary value. Ever since the Great Depression, Franklin Roosevelt screwed the public out of full access to precious metals.

[dnwndls]

How about if we just dropped the price of everything.