This week Max Keiser and co-host, Stacy Herbert, speak about ‘capitalist gangbangs,’ JP Morgan’s ‘way forward,’ and why 14 trillion no longer scares us. In the second half of the show, Max Keiser interviews Satyajit Das about the conservation of debt and slavery, extreme funds and #occupywallstreet. KR on FB: www.facebook.com

The US department of agriculture says that millions of individuals in the nation do not know where their subsequent meal is coming from. Al Jazeera’s Alan Fisher, reports from Washington, says that the department identifies two categories of food insecurity: “The 1st 1 says the diet is not quite varied and the high quality of food is not really excellent. The second, a lot more severe category, is listed as several indicators of disrupted food intake.” With one in four children affected by the situation and more than half of them under the age of six, the problem is now also to be highlighted in a nationwide broadcast on the educational Tv show Sesame Street.
Video Rating: four / five

52 Responses to “Keiser Report: Debts & Slavery (E193)”

  • maracanazo50:

    Why would anyone sell or Bank Your Gold and Silver in a manipulated market?With Trillions of paper dollars and Trillions of electron dollars out there?…Dont give the bank shit they can lick my ass and balls.Mother fuckers Gold should be $65,000 and Silver should be $900….Keep your shit till you really need to sell or trade…..Listen to the following Monday show Bob Chapman will explain.

    h t t p : / / w w w . discountgoldandsilvertrading. net / Radio _ Show . htm

  • notpcone:

    @mikerowphone What kind of sucks though, is that I worked my butt off to pay this house off. Now it seems like folks are getting some amnesty for the balance of their Mortgages, with sizable reductions. Not fair. And yes, we have been storing food, water, guns, ammo, gold, silver.

  • notpcone:

    @EquipaPatriot That’s exactly what we intend to do………ride it out. Fortunately we live on 35 acres in the mountains of CO……in a community of less that 500 people.

  • runnorway:

    Great show. Loved guest.

  • Mumwaldee:

    @EricShermansChannel That’s because Max was too busy on Wall Street fucking the investors over himself. He only comes out with information that would have helped 10 years ago.

  • Mumwaldee:

    @2vintage68 Another genius comment from a max keizer flunkie. BAAAAAAA.

  • EricShermansChannel:

    No Max, this show didn’t start anything. You were years behind some of us.

  • nosebender:

    Best guest ever.

  • yoyuepz:

    @mikerowphone lol yep fuck the media bro. but its pointless to explain to people, because they generally say “how does this affect me”

  • 2vintage68:

    @Mumwaldee
    Who or what are you replying to fool? Brain scrambled much? Log off of the library computer you post from, say good bye to your homeless buddies on either side of you, and just call it a day.

  • mikerowphone:

    @yoyuepz haha isn’t that the truth. I remember only years ago when working in the scrap yard that silver was a mere $6 an oz… $6!!!!

    When silver dropped to ~$30 recently the media had a field day about the “rock bottom low” of silver. hahahaha! Insanity! :|

  • mikerowphone:

    @notpcone You’re exactly right. If you have paid off your mortgage and actually own your house and the land it’s on don’t ever think of selling or moving. That would be a disasterous idea in my personal opinion.

    Also equally ridiculous is the idea of “Re-Mortgaging” your house. I can’t believe people get talked into those ponzi schemes especially the elderly.

    In my personal opinion you could stockpile non-perishable food in your home and slowly ackquire silver as a hedge against Inflation.

  • yoyuepz:

    @mikerowphone but if you invested it into silver 5 years ago…… you be smiling at the banks and not the banks smiling at you :)

  • EquipaPatriot:

    @notpcone Understood. I would feel the same way if I were in your shoes. I’d try my best to ride out the economic collapse to the best of my ability until my supplies run low. Then I’d abandon everything for some place I know I’d have a better chance surviving. I’m sure by that time the cities would look like Leningrad did in 1943, and people would be behaving like wild animals. It’s a scary thought. Might not happen, but must prepare for anything.

  • notpcone:

    @EquipaPatriot I own the house outright. If I had a huge mortgage on it……..I’d Jet in a heartbeat. But I am not going to just walk away from 600K.

  • mikerowphone:

    @supercoolshowgun (pt.4) It’s this very increase in the money supply which is parasitic to savers.

    So if you put away $100 5 years ago.. The VALUE of that $100 has eroded due to the decrease in the money’s value.

    In addition the interest rate can only stay low for a short period of time… At some point it must again go up and all those people who got loans at low rates will not be able to continue paying the loan. This is the debt slavery Max Kaiser’s talking about :)

  • mikerowphone:

    @supercoolshowgun (Pt. 3) So for example when the Central Bank lowers interest rates to near 0 levels as they have now (To “stimulate the economy”) what really happens is banks loan money to people who really can’t afford the loan’s interest rate under normal market conditions.

    The loans dramatically increase the money supply (Because of the Fractional Reserve system..) which causes a decrease in the money’s value. [cont'd]

  • mikerowphone:

    @supercoolshowgun The other part of the equation is the Federal Reserve Bank or simply the Central Bank.

    The Central Bank manipulates the base interest rates (Which are what all other interest rates are based off of..) to promote or hinder lending at their whim. This manipulation of interest rates leads to false price signals in the market and is believed to be the root cause of the “Booms and Busts” that our system has. [cont'd]

  • mikerowphone:

    @supercoolshowgun I think you’ve oversimplified the problem though.

    One of the problems is the Fractional Reserve banking system itself. That’s where when I deposit $100 in savings the bank lends out $99 dollars of that deposit out as a loan (Or spends it as $99 “investment”)

    When you expand this system you become vulnerable to “bank runs” whereby people attempt to withdraw Deposits at once and the bank cannot cover them (Since they spent/lent it all out except 1% of the deposit) [cont'd]

  • supercoolshowgun:

    banks pay savers in simple interest and charges debtors in compound interest. can using only simple interest on both sides (with difference in lending rates as usual )solve the banking problems? —-comments invited!!

  • MrEdwinauer:

    Oops, manipulation … Is Not free markets

  • MrEdwinauer:

    Market manupolationd

  • DrReaper:

    The solution is the free market. Not the license, permit, zone everything market.

  • EmeterioBetances:

    Debt is slavery! And this system in America is based on keeping people in debt. If your in college debt no jobs that’s modern day enslavement. Debt is slavery and that how America functions. The only ones who profit in this system are the very rich! Death to debt!

  • CroatAndNettles:

    Kinda humorous being sponsored by the Black (credit) Card, with an ad full of sexist crap. Nice of them to pay you for “Debts & Slavery.” Perhaps you don’t see the contradiction? Or are you willing to renounce your corporate sponsors?

  • maracanazo50:

    Why would anyone sell or Bank Your Gold and Silver in a manipulated market?With Trillions of paper dollars and Trillions of electron dollars out there?…Dont give the bank shit they can lick my ass and balls.Mother fuckers Gold should be $65,000 and Silver should be $900….Keep your shit till you really need to sell or trade…..Listen to the following Monday show Bob Chapman will explain.

    h t t p : / / w w w . discountgoldandsilvertrading. net / Radio _ Show . htm

  • notpcone:

    @mikerowphone What kind of sucks though, is that I worked my butt off to pay this house off. Now it seems like folks are getting some amnesty for the balance of their Mortgages, with sizable reductions. Not fair. And yes, we have been storing food, water, guns, ammo, gold, silver.

  • notpcone:

    @EquipaPatriot That’s exactly what we intend to do………ride it out. Fortunately we live on 35 acres in the mountains of CO……in a community of less that 500 people.

  • runnorway:

    Great show. Loved guest.

  • Mumwaldee:

    @EricShermansChannel That’s because Max was too busy on Wall Street fucking the investors over himself. He only comes out with information that would have helped 10 years ago.

  • Mumwaldee:

    @2vintage68 Another genius comment from a max keizer flunkie. BAAAAAAA.

  • EricShermansChannel:

    No Max, this show didn’t start anything. You were years behind some of us.

  • nosebender:

    Best guest ever.

  • yoyuepz:

    @mikerowphone lol yep fuck the media bro. but its pointless to explain to people, because they generally say “how does this affect me”

  • 2vintage68:

    @Mumwaldee
    Who or what are you replying to fool? Brain scrambled much? Log off of the library computer you post from, say good bye to your homeless buddies on either side of you, and just call it a day.

  • mikerowphone:

    @yoyuepz haha isn’t that the truth. I remember only years ago when working in the scrap yard that silver was a mere $6 an oz… $6!!!!

    When silver dropped to ~$30 recently the media had a field day about the “rock bottom low” of silver. hahahaha! Insanity! :|

  • mikerowphone:

    @notpcone You’re exactly right. If you have paid off your mortgage and actually own your house and the land it’s on don’t ever think of selling or moving. That would be a disasterous idea in my personal opinion.

    Also equally ridiculous is the idea of “Re-Mortgaging” your house. I can’t believe people get talked into those ponzi schemes especially the elderly.

    In my personal opinion you could stockpile non-perishable food in your home and slowly ackquire silver as a hedge against Inflation.

  • yoyuepz:

    @mikerowphone but if you invested it into silver 5 years ago…… you be smiling at the banks and not the banks smiling at you :)

  • EquipaPatriot:

    @notpcone Understood. I would feel the same way if I were in your shoes. I’d try my best to ride out the economic collapse to the best of my ability until my supplies run low. Then I’d abandon everything for some place I know I’d have a better chance surviving. I’m sure by that time the cities would look like Leningrad did in 1943, and people would be behaving like wild animals. It’s a scary thought. Might not happen, but must prepare for anything.

  • notpcone:

    @EquipaPatriot I own the house outright. If I had a huge mortgage on it……..I’d Jet in a heartbeat. But I am not going to just walk away from 600K.

  • mikerowphone:

    @supercoolshowgun (pt.4) It’s this very increase in the money supply which is parasitic to savers.

    So if you put away $100 5 years ago.. The VALUE of that $100 has eroded due to the decrease in the money’s value.

    In addition the interest rate can only stay low for a short period of time… At some point it must again go up and all those people who got loans at low rates will not be able to continue paying the loan. This is the debt slavery Max Kaiser’s talking about :)

  • mikerowphone:

    @supercoolshowgun (Pt. 3) So for example when the Central Bank lowers interest rates to near 0 levels as they have now (To “stimulate the economy”) what really happens is banks loan money to people who really can’t afford the loan’s interest rate under normal market conditions.

    The loans dramatically increase the money supply (Because of the Fractional Reserve system..) which causes a decrease in the money’s value. [cont'd]

  • mikerowphone:

    @supercoolshowgun The other part of the equation is the Federal Reserve Bank or simply the Central Bank.

    The Central Bank manipulates the base interest rates (Which are what all other interest rates are based off of..) to promote or hinder lending at their whim. This manipulation of interest rates leads to false price signals in the market and is believed to be the root cause of the “Booms and Busts” that our system has. [cont'd]

  • mikerowphone:

    @supercoolshowgun I think you’ve oversimplified the problem though.

    One of the problems is the Fractional Reserve banking system itself. That’s where when I deposit $100 in savings the bank lends out $99 dollars of that deposit out as a loan (Or spends it as $99 “investment”)

    When you expand this system you become vulnerable to “bank runs” whereby people attempt to withdraw Deposits at once and the bank cannot cover them (Since they spent/lent it all out except 1% of the deposit) [cont'd]

  • supercoolshowgun:

    banks pay savers in simple interest and charges debtors in compound interest. can using only simple interest on both sides (with difference in lending rates as usual )solve the banking problems? —-comments invited!!

  • MrEdwinauer:

    Oops, manipulation … Is Not free markets

  • MrEdwinauer:

    Market manupolationd

  • DrReaper:

    The solution is the free market. Not the license, permit, zone everything market.

  • EmeterioBetances:

    Debt is slavery! And this system in America is based on keeping people in debt. If your in college debt no jobs that’s modern day enslavement. Debt is slavery and that how America functions. The only ones who profit in this system are the very rich! Death to debt!

  • CroatAndNettles:

    Kinda humorous being sponsored by the Black (credit) Card, with an ad full of sexist crap. Nice of them to pay you for “Debts & Slavery.” Perhaps you don’t see the contradiction? Or are you willing to renounce your corporate sponsors?

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    áëàãîäàðåí….

  • onslaughts@ossify.diffusely” rel=”nofollow”>.…

    ñýíêñ çà èíôó….

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