US congress today approved an extension of the payroll tax cut for two months…putting off a tax increase for millions of workers. So, after much partisan politicking, they did it — saving face for the moment, but could it hurt their stock price headed into the 2012 elections? You heard me right. We’ll talk about the political derivatives market a Chicago exchange is betting on. Would it be a continuation of a climate on wall street that encourages special treatment that our guest, financial journalist and inventor of the virtual specialist technology, Max Keiser, calls “the special olympics for financial fraud.” And speaking of derivatives, those bets added fuel to the fire that engulfed the financial markets in 2008…most famously seen in the explosion and bailout of AGI (backdoor bailout of the big banks like goldman sachs, jp morgan, bank of america, etc.). More recently, MF Global customer money used to trade on these exchanges went missing. So where do futures exchanges come from and where have they gone wrong?
Tags: Futures, Keiser, Like, Presidential, Running, Steroids
January 8th, 2012 at 10:22 am
Who REALLY runs our world? search “israel Did 911″ and search “ZionCrimeFactory” for proof.
“US Rep. McKinney has accused the pro-Israel Lobby in America (AIPAC, ADL, etc) for ruining her political career.She refused to sign the pro-Israel pledge from Congress and took a pro-Palestinian stance. Because of this, she said “war was declared” on her by them. In 2009 she told TIU’s Ognir that “more than 99% of Congress work for Zionist-Israeli interests.”
w(dot)zioncrimefactory com/jew-world-order
January 8th, 2012 at 10:51 am
This is like the special Olympics for financial fraud. ~Max Keiser
January 8th, 2012 at 11:51 am
WOW!!! You and Gerald Selente are both DA MAN!!!
January 8th, 2012 at 12:49 pm
@alexeireyes Of course not! That would be honest. These people don’t have an honest bone in their bodies.
January 8th, 2012 at 12:49 pm
serfdom……….every culture goes through it.
January 8th, 2012 at 1:40 pm
Gadzooks! I’ll review the facts pertaining to JP Morgan ordering MF Global to use segregated accounts. Accusations like these undermine trust which is at the core of finance. It might be better to just trade in financial centers like Singapore where rules are rules and there are no sacred cows… so far at least. Two questions though before I end: (1) Who’s going to compensate the innocent account holders? (2) Will the compensation be commensurate to the opportunity cost of losing their money?
January 8th, 2012 at 2:38 pm
@drsugarcane
You mean the President is Jewish too,
or just the overseer?
I am not up on all this stuff,please fill me in.
January 8th, 2012 at 2:51 pm
Enemy of Greece, Ireland, Italy, Spain, UK & USA – Jew
1.Goldman Sachs CEO,Lyold Blankfein - Jew
2.IMF Deputy CEO, John Lisky – Jew
3.Ex IMF CEO,Dominic Strauss - Jew
4.World Bank CEO,Robert Zoellick – Jew
5.Ex World Bank CEO,James Woolfesen – Jew
6.Fed Chairman, Ben Bernanke - Jew
7.Ex Fed Chairman,Alan Greenspan – Jew
8.Obama Treasury Secretary,Tim Geithner-Jew
January 8th, 2012 at 3:26 pm
@Maleblade dude stop being stupid we are under jewish dictatorship. Blankfein, Dimon and all big bankers on wall street are all jews. Watch the “Zionist Matrix of Power”
January 8th, 2012 at 3:59 pm
I like Max and everything, but telling Jamie Dimon to get a real job like flipping hamburgers, this could be applied to 90% of the CEO’s in the world, probably higher, as none of them have ever had to get their fingernails dirty, because if they did they would not be where they are today. There are exceptions, but they are rare, I know a gentleman that was a Vice President with a large company and he knows how to drive a train and did low level office work for years, however he is not the CEO.
January 8th, 2012 at 4:39 pm
@RysioACF Old rule: “There is no such thing as society.” New rule: There is no such thing as government. Why? Old rule was “Golden Rule No. 1: “He who’s got gold makes the rules.” New rule: In absence of gold, those who emit (out of thin fart) debt orders camouflaged under term “money” – they break rules. All of the rules, incl. i.e. rule of law, market, or democracy, known as “rule by a government chosen by election where most of the populace are enfranchised”. Therefore, there’s no government.
January 8th, 2012 at 4:56 pm
Jewish Republican Coalition didn’t invite Ron Paul to its debate because Ron Paul refuses to send Americans to war & death for Israel
Vote Ron Paul.
January 8th, 2012 at 5:41 pm
America under Kenyan dictatorship,who would have thunk it.
January 8th, 2012 at 5:45 pm
@RysioACF: But the banksters run the government, so they’re one and the same!
January 8th, 2012 at 6:24 pm
@RogueReplicant there is - the government
January 8th, 2012 at 6:51 pm
@RysioACF: Because there’s no “bailout giver”. “Bailout” is just a fancy word for extorsion and theft. The banks steal what they want. Henry Paulson threatened to sink the U.S. economy if they didn’t give the banksters trillions of dollars. That’s not “giving a bailout”, that’s “surrendering your money under dire threat”.
January 8th, 2012 at 7:13 pm
@RysioACF For the beginning, you could Google these: ‘Government Sachs: Goldman’s Close Ties To Washington Arouse Envy, Raise Questions’ (The Huff Post, 2009); ‘Goldman Sachs’ Revolving Door’ (CBS, 2010); ‘THE REVOLVING DOOR: 29 People Who Went From Wall Street To Washington To Wall Street’ (Business Insider, 2011). And then, you could read, for example: ‘The Great American Bubble Machine’ (Rolling Stone, 2009)… And that’s just a part of homework that should have been done.
January 8th, 2012 at 8:12 pm
Enemy of Greece,Ireland,Italy,Spain, UK & USA – Jew
1.Goldman Sachs CEO,Lyold Blankfein- Jew
2.IMF Deputy CEO,John Lisky- Jew
3.Ex IMF CEO,Dominic Strauss- Jew
4.World Bank CEO,Robert Zoellick-Jew
5.Ex World Bank CEO,James Woolfesen- Jew
6.Fed Chairman,Ben Bernanke- Jew
7.Ex Fed Chairman,Alan Greenspan- Jew
8.Obama Treasury Secretary,Tim Geithner- Jew
9.Bush Treasury Secretary, Hank Paulson- Jew
January 8th, 2012 at 9:08 pm
We live in a Plutocracy, plain and simple. She needs to get John Allison on the show ASAP. He predicts doom and we don’t change course within the next five years. If anyone other than Ron Paul gets into office next year, then we’ll have wasted four of those five to begin with.
January 8th, 2012 at 9:57 pm
axes of weasels, special olympics of finance – GEMS
January 8th, 2012 at 9:59 pm
BREAKING NEWS — Hear me people tell your friends tell everybody the bank will never tell you the truth. NEWS–BANK RUN -TRINIDAD AND TOBAGO WEST INDIES, REPUBLIC BANK, ROYAL BANK, FIRST CITIZEN BANK and SCOTIABANK thousand of customers simultaneously and secretly are withdrawing all their funds, because they believe that the banks might go into bankruptcy, or insolvent and that they the customer will lose all their money.[ Global financial meltdown].
January 8th, 2012 at 10:56 pm
This is what happens when systems get to complicated and bogged down in political, judicial, and corporate BS! It’s like one big circle jerk, where uncle sam is the pivot man, and joe citizen is the last one in the circle grabbing his ankles, without a female lead in.
January 8th, 2012 at 11:25 pm
@Maleblade ….yeah! and call it “Mad Max is Mad again”
January 8th, 2012 at 11:29 pm
Forgive my redundancy but Lauren really looks “Good” wearing visual enhancements!
Really appreciate the point of view in 2011.Look forward to her global coverage in 2012! .Happy New Year Capital Account!
January 9th, 2012 at 12:04 am
Happy New Year Lauren!