"They should issue a Fatwa on Paulson. He is an economic Terrorist"

[dixiegrrrrl]

can't argue there...
Keiser calls 'em like he sees 'em.

http://www.youtube.com/watch?v=rZiWd0bGAdc

[polichick]

1. Finally - someone is saying what I've been thinking(re counterfeiting)!! WTF

[midnight]

2. Counterfiet money, and bonds. Global ecomomy suffering

from counterfieting schemes being exposed. No wonder bush is doing nothing. He would have to stop henry from printing his fake money. London and Walstreet issues bonds that are not collaterlized. China, India, Europe all banks bought these conterfiet bonds. All counterfiet bonds exploinding. Price of oil dropping in order to pay for these fradulant bonds and the poor developing nations are suffering. Thank you Max Keiser you are right on.

[dixiegrrrrl]

7. Don't even get Keiser started on the derivatives.

There have been several articles on the fact Paulson can't bail out the mortgages, because they
don't exist!
Meaning all these derivatives that were supposed to be back by mortgages, were, like our money and bonds, just based on...nothing. Seems the investment banks started out selling mortgage bonds, but then figured that since mortgages hardly ever fail, they could sell bonds that had NO mortgages as collateral. They figured they could run a Ponzi scheme which would roll along as previous mortgages were paid off.
Course that meant there could be no DOWN in an economy.
So not only was there a bubble of bad sub-prime real mortgages, there was another bubble of derivatives based on ..NO mortgages.
Which is why Keiser calls Paulson a crook. Paulson promised to use the bailout money to buy the distressed mortgage notes.
Which don't exist, and to admit that is to admit to fraud.

[midnight]

8. Is Max Keiser the only one who understands this scheme?

Because why on earth would congress give this money to Paulson?

[aquart]

3. We don't issue fatwas on anybody.

Possibly we should correct that.

[mikita]

4. K&R !!!!!!!

[girl gone mad]

5. Here is a good Max Keiser report on Iceland..

from over a year ago:

http://www.youtube.com/watch?v=wFzUR1k3ku4

[Joanne98]

6. YAY! K&R!