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No money? - Out of 'great' society!

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Follow Max Keiser on Twitter: http://twitter.com/maxkeiser Watch the full Keiser Report E281 later on Saturday! In this episode, Max Keiser and co-host, Stacy Herbert discuss how shouting 'fire!'...

shits overplayed. i go to university and on my time off i work towards something in my degree to make that money up. after a few years of being salary paid debt will be erased
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That's great if u get a job straight afterwards, but in these times, especially in my country (NZ) there are many ppl I know who have finished uni and then couldn't find a job because there's not enough positions out there or there's too many ppl applying for each position.
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Are they sitting on top of a roof?
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You mean Stacy Herbert? I don't know much about her but I am pretty sure she's American or Canadian? They do have something of the air of defectors but I think much of what they say is right. -"tarotworldtour"
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The Brits are down the Milton Friedman highway more than America.
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Ah! you are lucky you have a job... that's why you seem so confident
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His material is referencing the neoliberal nightmare of the tuition situation in the UK. Bear in mind that as recently as 15 years ago university was merit-based in the UK and oftentimes totally free. -"tarotworldtour"
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The problem is a lack of community sense, a lack of idealism, a lack of patriotism and social cohesion. The causes are: Materialism, lack of children born, disrupted families and failed marriages in materialism, bankster globalist dynasties and global banking families (money 'nobility' controlling world by FIAT money and interests and hedgefunds). It is ridiculous how much youthful talented persons are wasted and lost by the high student loans and lacking social justice. God have mercy on us!
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Yeh, all the governments fault! Not the fact you didn't think about the state of the economy when you voluntarily decided to incur you're debts. I worked hard at a real job (not a humanities ology) and now I'm sitting on a tidy pile of gold and silver. My dream is to be rich, and I'm getting there...people ever calling for government to do something are the problem. Gov needs to get out of the way of the movers and shakers like me xxx
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I'm afraid you are correct. Now that the technology advents have superseded what a human can do, we are all especially expendable. Re: the monetary policy, I call it "we'll print all we want and you get the inflation and devaluation aftermath." -"tarotworldtour"
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lol I don't see the difference, infact all the socialism we've see so far has corrupted faster then any crony capitalism. Fact is neither have any sure footed mechanism to deal with the root issues of crud that eventually takes over either system. The folks in power love to see us squable over what's essentialy the same ideology, just different outlooks.
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The one thing I have said is that if universities receive any public funding whatsoever, the size of their programs should be tied to the growth or retraction of their sector. In other words, if the government of a state will cut 20 percent of the teachers, then all state universities must lose 20 percent of their funding and have to cut their admission. That would change some priorities. Don't forget that everything in the world has been ascribed an arbitrary value, though. -"tarotworldtour"
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Max Keiser looks like "the dummy" from "the twilight zone". But he's awesome. Keep up the good work Max!
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capitalism will degrade over time because of rich becoming too powerful over time and influence govt officials to do what they want thus crony capitalism. socialism only thing to worry about is the leaders are in really in the interest of the people if not then corruption eventually degrade if wrong leaders are put in power
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I wouldn't name-call but the frustration is real and genuine most of the time. We all have different expectations of what should happen from everything. I think the crisis is an energy source for a lot of people engineering it. Hang in there. Virtue counts for a lot in the grande scheme. -"tarotworldtour"
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Don't be too discouraged. I had to scrabble for years in the USA and finally, despite having an advanced degree with honors in the sciences and various professional certifications, never earned for than 25k per year there. I had some debts (no due to school) which were really daunting and I did pay them off eventually.
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Agreed! France doesn't have tuition fees for its public universities, while the rest of the West treats education as a business opportunity and tries to make as much profit as possible by putting students in debt.
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with no jobs around anywhere that will force people to try to go to school to survive and then after college most people would have went for nothing because the degree won't be getting anyone anywhere.
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I think imma Wait until After the Revolution to go to School. Then we'll live in a Classes moneyless Society, Yay!
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honestly, theres people in the same position as us. What do university students do in their time off in the summer? Some stay and take a couple courses, others find an entry level job towards their degree. Others flip pizzas. The ones who flip pizzas are the ones who tend to complain that university is too expensive i find.
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Folks, a real education costs time, diligence and perseverance. All of which cost you nothing. With the internet, there's little one can't learn on their own and much faster. Imagine if you needed only to pass tests thereby proving your ability in order to get your degree. No classes and maybe a $20 filing fee and you're done. It's faster(you educate yourself in the best way you learn), more efficient for everyone and you don't have to waste time merely to prove you'll be diligent on the job.
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Debit -I am stuck between a b (Blythe the bitch) & t ( traitor Jamie Dimon). Through the halls of Goldman Sachs echoes the Kermit muppet douchebag chant. "Debit, debit." Meanwhile Hank Paulson sits on a toadstool, (not the mushroom the stool of a toad). All those losers lost in mediocrity date raped mother earth. Happy Earth Day- baptize a recycling vegan with bong water.
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People should not be punished with expulsion for not wanting to cooperate with the technocrats' vision for the future of the world. The government does not owe anyone a job, but even people who seemingly have no involvement in public funds have more stable incomes as a result of it. Like you, by virtue I disagree with the concept of state intervention or support, but if there is welfare and a large public sector, they make up a huge portion of the consumers of the products of private industry.
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Bitch ! How dare you... you don't even fucking know me. I had to take up shit jobs during university and after university. I traveled through parts of the world to gain experience in my filed. I actually volunteer in the sector I want to work in at present. I don't ask for hand outs. I work hard bitch. This crisis is killing a lot of young peoples dreams. I will not give up on mine...and as for you cunt !! please go and continue to suck on David Cameron s dick.Thats how you pay the rent, right ?
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don't worry harper will bring in another 250,000 votes ,sorry I mean people who will create milk and honey for canadians lmao
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Did you not study your fields job prospects before you went into it? From face value it sounds like a bad field to get into, doesn't seem like it was worth the time and money. I don't feel like you have the right to complain about not finding a job because there wasn't demand for it in the first place. However I feel the only real right you have to complain is the price of what your education cost you because of government intervention. University is a risk and should be treated as such.
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Oh, Fuck you. FDR got America out of the Great Depression. If we weren't blowing the shit out of brown people in the middle east, we would have plenty of money. Fuck on with your support of wars while wanting to strip away the social safety net. Go enjoy your rich life, raping the poor of all the wealth you can. See what happens. History have shown time and time again that you will be stomped into the ground. You can't hire enough tough guys and assassins to stop us.
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College should be free. If a high school degree is no longer enough for a job why not simply extend school four more years?
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Actually, criminal psychology. Why so rude? Sounds like you're implying that I do not have a job reflecting my educational background because of my youtube channel name (music is my hobby).
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yes, you're surely far too good to have to go out and get a real job lol - thats proved my the fact you drank the governments and banks kool aid and indebted yourself. what next? demand taxpayers bail you out?? lolz
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words of wisdom. just wished i remembered this the day i turned 18, LOL....
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The US GDP conveniently disguises that the vast majority of the wealth displayed is held by the few.
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not too long ago, you were able to pay your way through college while working a second job...the education scandal has gotten out of hand..EDUCATION SHOULD BE FREE, to those who wish to pursue it.
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that is whats going on now! if just the strong and the rich gpot the chance of a good life it just lives too many ppl with fck all! fck capitalism! thers plenty for every human being, if we all share! its all about love baby ,show me some love already!
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Max has a nice way of baking the debt layer cake into understandable terms. Indebted servitude and keeping the lower working class in there cast helps our social system continue
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with a youtube pseudonym like that no surprises there. What do you have, a degree in urban music?
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OK how about... corrupt capitalism = corrupt socialism = same old shit If you disagree you're just another fanatic!
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This is why I never went to University, I don't wanna be stuck with a 20, 30 or 60k dollar debt
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jew gonna gut u like stuck hog-then squeal same hogwash sentiment-thats problem once society has been bastardised ..its a vicious circle
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We know Murdoch's son is retarded. These people, Murdoch, Cameron, etc, talk about the free-market but seem to believe that the taxpayer should subsidize their "free-market" friends. After all, if bankers truly believed in free-market principles, they would not be at all interested in influencing politicians, yet they are.
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the students are the future but when you kill the jobs and prospects the students need to stand up for the future.
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You would think that with the growing police state there would be plenty of jobs for you. I guess the government doesnt want anyone in their police state understanding the people.
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Not everyone can be like you but yes, people should be at least partially responsible for their folly. The problem is parents have given their children very bad advice when the trends have obviously changed and a liberal arts degree will not generally be valued. Do appreciate what you have done and also be proud, but be careful with getting too arrogant about it because it starts to jinx you. -"tarotworldtour"
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It's because most people are ignorant about economics they just go along with what they are told, have you noticed that the more you know about ideology the less likely you associate with it? people who learn a lot about religion aren't religious, people who learn a lot about politics are liberals or conservatives etc.
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Of course this astronomous debt will never be paid. What then ? I don't know.
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hehe .. you need to use brackets! Which one is it? capitalism > [ crony capitalism = ( REVOLUTION > SOCIALISM > COMMUNISM ) ]
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capitalism > crony capitalism = REVOLUTION > SOCIALISM > COMMUNISM
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30 years of an economy that is way more dysfunctional than any problem family on any crime ridden concrete jungle estate in the UK has virtually caused all the problems we now have. Politicans, looking for the causes of the so called "Broken Britain"? Look in the mirror of you have served in Government since around 1979.
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Fuck I wish I could get a credit card, wrack up $64000 dollars of debt and then complain and riot about having to pay it back. God help us in the future, because the people who are going to run the shop very soon are complete loony entitlement welfare state pieces of shit.
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True. The first schools in ancient times were an honor and led to "enlightenment." Nowadays, the average person thinks "enlightenment" is learning something. The original intent of education has long been lost. Education is supposed to produce a superior BEING not a superior cog in the wheel. Why do WE pay for a servile education? Because of the accrediting scam. Businesses hire based on if you paid into the system for the paper or not instead of direct ability(think try-outs).
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You both are awesome. Keep up the work.
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Well, my country also got protest which is just happened. But at least, that protest only for fairer election and that controversial rare earth tradings with Australia.
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It won't be long before debt will get you jail time.The banks loaned it and the banks generally get what they want.Let us not forget, we used to have debtors prison years ago.Peace.
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The idiotic, mentally childish British world believes a nation is built on economics alone. No, a nation is built on the blood and traditions of the people therein. No common blood, no traditions = no nation
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I agree the baby boomer parents and their emphasis on "education" (if you can call it that) at all costs is a great source of the problem. My point is simply, the government doesn't owe anyone a job; the government needs to shrink out of the picture to let the real economy flourish. And people that drank the kool aid now need to suck it up and try and rebuild their lives - not throw blame around for their own actions (unless is at their parents and teachers; in which case I agree)
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The fact is that the private sector receives huge welfare from the very same politicians who preach the free-market. I believe the state should provide a safety net and support. What we have in the UK is a situation where the state subsidizes the private sector by covering the private sector's failure to pay people a living wage.
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Any debt will be rendered zero when China falls.
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I bet u live on your mother..sittin in her house and spitting troll food online...from your boyroom...being 45..get out there..and try to raise a family ..
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My friend, we're in the same boat, except I'm blessed with the fact that I don't have any debt. It doesn't make my job search anything easier.
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socialism > corrupt capitalism
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We don't pay for university places in Scotland either toots. x
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Jobs, success, money, security.. Nothing is guaranteed with just a degree or whatever, go out and chase it, and be better than the next guy, you'll get what you want if you want it bad enough.
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Studied for 3 yrs I have done two internships out side the UK. However I still have to take out an extra £10,000 loan to do a masters degree, I just hope that after studying I will be able to get a job in my filed. I hope to God that I don't have to work as some waitress or doing some shitty job after I've put all the effort . What the kind of society do we live in ? I will march on the 1st may !. The UK is a disgrace !!! Dear David Cameron you are a cunt !
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I agree with you totally from a theoretical standpoint. However, subsidy or manipulation of values always exists on some level. The only real economy is food and shelter, but somehow, some faction will collect these resources more and create some kind of artificial scarcity and start playing with less corrupt people who would never think to do such a thing. If leadership decided education is valuable, then you would see high paid knowledge workers and less war.
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The difference between todays fuedalism and that of yesterday is that yesterday under fuedalism your house would be provided by your employer rather than you via the state ...via a leaky bucket.
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Max Keiser needs to educate himself with RON PAUL, Mises, Hayek. Till then he will be mixing truth with bull.
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Yes you can, but you're limited to what you can do. All depends on what course you took as some are only valid in Canada. There is an alternative, though - anyone with 3 years of college/uni can work as a teacher overseas in places like Asia. Salary isn't that great (a little better than Canadian minimum wage) - it's something I was considering doing. I'm just afraid of returning to school b/c if I finish once more and can't find a job again, I'll be in debt forever.
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got that right and the usa empire building is pay for by the middle and lower economic gropes while the higher groups make more money , and intrest rates play a major role in that to high or to low both have devastating long term effect on borrows and investors in the bank , (people who put there money in there no the people who own the bricks and mortar)
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Camerons kid was retarded... per Murdoch... which isn't an inaccurate statement. And Cameron is dirty. These people all come from bad stock. Otherwise, why would you work for the destruction of humankind? Maybe..because...you're retarded.
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it's the same in spain and if you dare complain they beat out yer brain -- welcome to the 21st century the new middle ages
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Greetings from France. You can try for the "bac" only twice to get into uni here, and half the uni students fail in the first year (they can repeat once). Most certifications, if you fail the test the second time, you are banned for life. They don't let just anyone in, which I think is good, and if you fail, that's all she wrote. Most degrees and certifications really don't transfer abroad. Ever.
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Living life is a free education. I only have a grade 9 education and I make $28 an hour as a trades person. Oh yeah, and I own nothing because I live within my means and I am the happiest person I know.
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MAY 1st = ROAR! Fukk all the war mongering fools that send the poorer classes to the gallows, as they themselves fly off, away from the bombs, while feasting on the fortunes of the conflicts they encouraged, and living it up on others misery.
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It's no better than Communism in effect, just another "control" system of the masses, nothing more nothing less. Doesn't matter if you have 500 million, your still a nobody, the Rothschilds have Trillions and control of the printing press. As Mayer Amschel Rothschild said over 200 years ago "I care not which puppet you place on the throne of England, the man who controls the money supply controls the country, and I control that supply"
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another problem is that education institutes are increasing their fees and tuition for no reason, not that teachers are getting more money or anything, instead they are building architectural buildings to promote themselves etc. Its a vicous circle
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those born rich want feudalism to return
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Im glad i did not fall for the invest in your education bullshit, the way its structured these days makes it seem like slavery.
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this was clearly designed by the elites to keep their power and keep us from going above, it's fucked up
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Yep, here in Canada it's the same. I'm 40,000$ in debt and graduated after 3 years only to be stuck at a fast food restaurant for a year ...still can't find a job in my field.
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The worst thing is, most those students will never get jobs in the field they studied anyway. The UK is now so backward. We are just degrading rapidly.
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Capitalism is not so bad. Look around! People just go on with their lives...
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