Max Keiser: 'Barack Obama is clueless. Mitt Romney will bankrupt the country'



If that's the case then B.O. is better because while he won't do any good, at least he won't do bad.
 
Max Keiser is the man.

The guy in the White House," he believes, "is really taking his orders from finance."

"I wave my arms," he says. "I shout. Of course I do. Because this is a global insurrection. Against banker occupation."

Pretty much every financial scandal of the past 20 years has had its main component in London, because it has the least regulated banking environment. This is very important for the US, because America outsources its own fraud to London, just as it outsources its labour to China."

"Well, the policy of the banks has been to keep interest rates as low as possible, so as to fuel financial speculation, no matter how oppressive the effect of that would be. Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the very wealthy. At the expense of everybody who isn't at the top."

I am pro-capitalism and I am pro-free market. But what you have now is not capitalism. It is a state- controlled, command and control, centralised politburo. Both in Britain and the United States. The States is run by the Federal Reserve, an institution that answers only to itself and to a few large banks. It's modelled on the Bank of England. Ben Franklin said that one of the main reasons America revolted was to get away from the Bank of England, the mother of all central banks; the most pernicious and insidious of all."

"When Franklin D Roosevelt came into office, he started putting bankers in jail. The foremost reason that America got out of the Depression was not World War Two, or because of the Keynesian stimulus. It was because of the legislation introduced to regulate markets [many such clauses in FDR's Emergency Banking Act of 1933 were dismantled under Clinton] and the banksters that Roosevelt sent to jail."

"I think that Obama is, like many people, financially and economically illiterate. He is a lawyer. But in Wall Street there is no law."

"We took the party into the office. We're making calls to customers during the day. At the same time we're getting calls from hookers and drug dealers.

There was cocaine on everyone's desk, more or less. At that time you could take a shoeshine guy – and they did – and with the systems they had, which allowed swift calls, and using sales scripts, he could make hundreds of thousands of dollars in months."

"Democracy is not well served by the current political configuration in America," he maintains. "The entire political establishment is designed around enriching a minority of people who have access to both information and capital. Take the CIA. They have recently opened up their services to hedge funds. Hedge-fund managers can now hire CIA agents to do research on pharmaceutical companies, defence contractors, or oil contracts."

"Nobody has a greater affinity for the founding principles of America than I do. But what the people with power are doing now is not remotely connected to the ideals of the founding fathers."

"There is a revolving door for Goldman Sachs guys into and out of US government. And they are working against the sovereign interest of the United States. What's happening is that all these bankers in Europe are consolidating into one major bank that's going to be running Europe, from Brussels. All of that debt will be re-priced in some new European-wide currency. And that bad debt will be joined with all the American bad debt, in some new global reserve bank. And every single step of the way guys like Hank Paulson – who really is a traitor – will put a gun to the head of the American people and say, either you accept this new banking deal or we are going to crash this market."

"Look at these clowns who present shows. Like [arch-conservatives] Rush Limbaugh and Bill O'Reilly. These people are not Americans. They are the subversives. They are the ones tearing American society apart by belittling everything that, at its heart, could be construed as the lifeblood of democracy. Those guys are shameless. They are despicable. My merely pointing out where crimes are being committed is not treason against the country. It is an act in support of reform to get the country back from the clutches of these foreign bankers."

"The global derivatives market, which is a quadrillion or more in size, is a very complicated, highly unstable system which is becoming more unstable with every hour," he says. "It is similar to the side of a mountain before the last snowflake arrives to trigger the avalanche.

"People have to take action for themselves. That means buying not bonds or dollars or euros, but gold and silver. Gordon Brown sold Britain's gold at the historic low of $250 an ounce. Gold is now $1,700 an ounce. My argument – I can categorically state – is winning the global propaganda war. China is aggressively buying gold. Russia is buying gold like a maniac. Iran has been buying as much as it can. All of these countries, where my show is popular, are buying gold and silver, and God bless them for it."
 
Remember watching some of his stuff on Russia Today, or RT as it's now called. He used to have a regular program on there but not watched the channel for a while.

EDIT: Just read it now, interesting point:

"No channel in the United States will carry his broadcasts"