People & Power: Savers vs Speculators

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People & Power: Savers vs Speculators
Back in early 2008, Max Keiser made this very short documentary about what was going on in the world of banks and what ramifications that had for 'ordinary people.'

Remember that much later the same year, mainstream media and the typical politicians either were still ignorant and/or lying (and what else is new?).

Max Keiser used to work on Wall Street, but got out and has been educating people for quite a number of years now. His (and Stacy Herbert's) podcasts are especially brilliant. Go to maxkeiser.com for these and lots of other information.
Tags: Business , Video Clips 
Jul 3, 2009 1:26 PM
Re: People & Power: Savers vs Speculators
Gee, I wonder what is going to happen now that interest rates on the dollar have been set to zero.
By: poonhound
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Re: People & Power: Savers vs Speculators
Well, that's easy:

The rates should go up, but that will crash the system. Leaving the rates as is will crash the system. Going the Sweden way (negative rates*) is just so ridiculously stupid, I leave it up to your imagination to figure it out.

* What a hoot.

But no worry: Ron Paul's legions of 'terrorists,' both domestic and foreign, will save the day.

*gnaws on moose thighbone*
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Re: People & Power: Savers vs Speculators
Do you actually think your a wolf?

*gnaws on some excellent grass*
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Re: People & Power: Savers vs Speculators
You just wait about four to eight years when people are getting tired of both liberals and conservatives forcing the American citizens to swallow a huge load of debt and pay it all off. The same way we swallowed the Iraq war. Libertarians will rule!
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