Published on Nov 6, 2012 by RussiaToday
In this episode, Max Keiser and Stacy Herbert discuss electing ‘powerless’ governments which then proceed to rip up social contracts and illegally transfer debts to private citizens, who, in turn, accept the ‘moral responsibility’ to keep the corporate welfare Queens rolling in their sacrosanct perks. In the second half, Max Keiser talks to Simon Rose of SaveOurSavers.co.uk about the attempt to try capitalism without capital and how the erosion of savings is costing the economy not only capital but jobs and growth.
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