Look at this quote folks!!!
“The bank credit is only available for looting. It is not available to maintain industry. It is part of the neo-liberal plan brought in by Reagan and Thatcher in the 1980’s. Credit it available for extracting money out from the economy quickly, only for emptying out the economy and shrinking it until it ends up looking like Greece, Ireland, Latvia or Iceland. As soon as the election is over we are going to see the result of just the internal economic collapse. Everybody is bailing out.”
Published on Oct 4, 2012 by RussiaToday
In this episode, Max Keiser and Stacy Herbert bring a bankster rat onto set to discuss the civil suit against JP Morgan’s mortgage fraud. We revisit episode 97 of the Keiser Report on which journalist Teri Buhl had first warned you about the residential mortgage back security fraud issue on JP Morgan’s balance sheet – thanks to their purchase of Bear Stearns. In the second half of the show, Max Keiser talks to Dr. Michael Hudson, author of The Bubble and Beyond: Fictitious Capital, Debt Deflation and Global Crisis, about Timothy Geithner’s role in facilitating the takeover of the banking system by the Wall Street mafia and about the oligarchic counter revolution against democracy in Europe.
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