poker big lossesIn the latest Keiser Report, Max Keiser and Stacy Herbert discuss chumming in financial markets being the rigging of prices and indexes, like Libor, forex and gold, which convinces people it is safe enough to get back into the markets.
The fraud is now so huge, Max says, that the ECB needs a bigger boat.
In the second half, Max interviews David Graeber, author of Debt: The First 5000 Years, about the scariest monsters being those that you turn into – like zombies or vampires – and that is what the modern economy has become as we are all forced to think and act like bankers.
David Graeber all suggests that BS jobs are the Sovietization of capitalism.

  1. No wonder this author’s tome has become a school text-book (ie: popular among the brainwash class), it’s predicated on outright fabricated lies. ‘Money’ started as credit? That’s completely illogical contrivance.

    Money is a good in barter. Just as a measure of eggs evolved over time to most often equal a measure of apples, so it is with precious metals. What put metals in the role of ‘money’, is that their measure in relation to other things is so conveniently compact and they don’t deteriorate (rust), so trading back and forth with them (what’s called ‘media’) is very easy and consistent.

    Money Is Weighed, Fictions Are Counted.

  2. The BIG gold news out is the last few days is Pete at his blog offering readers a paid subscription service. There you get to see the emails proving Pete gave FOFOA the real life identity of FOA back in early last year. Then there’s FOFOA emailing FOA’s daughter to try to get contact details, and FOFOA calling his readers idiots. Real fight going on over there and it is going to be hard for FOFOA to come back from this i think. The proof Pete gives up at the subscription site says it all. Goldbugs at each other’s throats, now.LOL. Keep on stacking the Silver. That’s wisdom.

  3. As I listen to Marx Keiser’s videos I keep wondering what is Russia Today real agenda when it sends out it’s scripted commentary. Just like in American MSM (both conservative and liberal) there is always an agenda and it is rarely directly vocalized. The Russians could care less about the financial problems in the US (besides being much too obvious) but pushing discontent would serve nicely as a methodology to incite political and economic turmoil … a great time to act on other objectives ….

    I’d like to hear what reasons other posters here think what Russia hopes to get from this, and why people would welcome that. There are so many Putin lovers out there that someone must be willing to enlighten us, or at least tell us why they never comment on similar issues in Russia or the other BRICS countries.

    • I suspect a large component of the agenda behind Russia’s RT financial shows is to boost the faith in the Russian nation, it’s government and it’s financial system as a part of helping Russia ascend to a primary player on the world’s financial scene.  In this case, they help their own cause by attacking the Western financial system and exposing it’s fraud, corruption and vulnerabilities.  Capital Account with Lauren Lyster cracked the mold wide open and went beyond where Max Keiser would not go. In the end, it was cancelled because it dared to go places that caused a bit too much heat for the state of the international situation…
      The interesting part of the ongoing RT expose of the Western financial system is that they really don’t have to do anything more than simply tell their audience the TRUTH about what’s happening in the Western system.  While the argument could be made that, in some cases, Russia is not much better, the US audience doesn’t need to be encouraged as to Russia’s situation as it simply needs to be awaken the Great Train Robbery taking place in the West.
      For RT, this is the Holy Grail.

  4. Greed is why people go back into the markets, greed is why our financial systems are in ruins, greed is why our government is $17t+++++ in debt. When people quit being greedy and learn to only take what they need to live comfortably nothing will change.

    • “When people quit being greedy and learn to only take what they need to live comfortably nothing will change.”
      What?  Shouldn’t that be, “UNTIL people quit being greedy and learn to only take what they need to live comfortably nothing will change.”
      Some of us have already learned this lesson.  This is the difference between people like me and most billionaires… we have something that they will never have.  We have enough.  🙂

    • Judgement being a measurement and the language of our soul becomes corrupted when ruled over by our flesh, in this fallen state we then perceive LIFE through  pride and our own vanity’s and our desire becomes that of gain. this being covetousness  
      Love being innocents and the language of The  Spirit and our souls true ruler, our perception of Life then  becomes something to share, seeing and understanding you can not gain something which is already yours and neither can you add to it.

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