Capital Account: Max Keiser, America runs the "Special Olympics for Financial Fraud" (12/23/11)

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US congress today approved an extension of the payroll tax cut for two months...putting off a tax increase for millions of workers. So, after much partisan politicking, they did it -- saving face for the moment, but could it hurt their stock price headed into the 2012 elections? You heard me right. We'll
talk about the political derivatives market a Chicago exchange is betting on. Would it be a continuation of a climate on wall street that encourages special treatment that our guest, fiancial journalist and inventor of the virtual specialist technology, Max Keiser, calls "the special olympics for financial fraud." And speaking of derivatives, those bets added fuel to the fire that engulfed the financial markets in 2008...most famously seen in the explosion and bailout of AGI (backdoor bailout of the big banks like goldman sachs, jp morgan, bank of america, etc.). More recently, MF Global customer money used to trade on these exchanges went missing. So where do futures exchanges come from and where have they gone wrong? From Ancient Greece to MF Global we'll break it down. And, heading into 2012 -- will it be a happy new year for the US economy? Maybe not. Economists predict sluggish 2 percent growth, an economy held down by housing troubles, government budget cuts, and a lousy job market. That didn't stop hoards of people from lining up at malls and waiting all night for a chance to buy the 175 dollar "IT" Air Jordans. We'll show you what happened.

Category:

News & Politics

Tags:

• Capital Account
• Lauren Lyster
• Demetri Kofinas
• Max Keiser
• RT
• RTAmerica
• Russia Today
• Markets
• Finance
• Economy
• Prediction Markets
• CME
• NYSE
• NADEX
• futures
• futures contracts
• futures exchange
• jon corzine
• mf global
• flash crash
• democracy
• GOP
• elections
• presidential futures
• terror futures
• jamie dimon
• savings and loan crisis
• S&L
• mitt romney
• herman cain
• ron paul
• newt gingrich
• high-frequency trading
• virtual specialist
• bart chilton
• it jordans
• air jordan

[MasterOfDaUniverse]

Once again Max lays down the clear truth and gives the easy to understand version for the dummies!

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Bad ass!

[cheerdiver]

Is she trying out for Stacy's position?

[itsonelouder1]

I love it, "The Axis of Weasels". Superb! :0)

[megalithix]

Max Keiser is a giant! Terminate the lying deviant politicians in the US and let Max and his advisors run the system. YOU KNOW IT'S RIGHT! America requires it's own Guy Fawkes. Burn them all; sieze the assets of ALL the political classes AND their families; then move Max & Co. in to redress the financial abyss the Corporations & politicians have created. Simple!

[DuralastTurbo]

Get some contacts, or RK surgery. Glasses don't make U look smart, just nerdy & snoody! B a girl 4 fux sake, clown. We know U R wearing that krap by CHOICE 2 'un-sexify' yourself.

[johnbarkand]

@healthhavencom Right-on Mr. health, I would like to leverage my Gross Domestic

Product into her slush fund. Max is Bi-polar, I have same T-shirt, so I know. peace bro.

RP 2012

[sehaalturk]

They are hot and so are the ones on Fox, MSNBC, etc.

The difference is that the ones on RT are both hot and intelligent.

[hhhaaa68]

America is a whole giant casino, nothing is grounded.

[emotionalinvalid]

time for some levity. these female presenters on RT are hot! But they would look even prettier if they didn't where those hair extensions. For example: Alyona on location at the OWS in nyc. Her hair is only shoulder length, and she was wearing no makeup. She looked a lot more attractive when i saw her not glamoured up outside talking with the protesters. And of course she is quite intelligent, her sometimes studio show giddiness and potty humour notwithstanding