Today, Max Keiser and co-host, Stacy Herbert, report from New York City. They discuss the exorbitant privilege America is about to lose. They look at football players with AAA credit ratings and at Apple’s cash stockpile bigger than Americas” –
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This week Max Keiser and co-host, Stacy Herbert, report on haircuts on T-bills and rebounds in silver. In the second half of the show, Max talks to James Howard Kunstler about dumping Treasuries and fracking gas.
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Msnbc notes:
Many Americans believe that the 2008-2009 downturn never ended.
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The U.S. has entered a second recession. [Note: That this would happen has been obvious to anyone paying attention. See this and this.] It may not be as bad as the first. Economists say that the Great Recession began in December 2007 and lasted until July 2009. That may be the way that the economy was seen through the eyes of experts, but many Americans do not believe that the 2008-2009 downturn ever ended. A Gallup poll released in April found that 29 percent of those queried thought the economy was in a “depression” and 26 percent said that the original recession had persisted into 2011.
(Indeed, more Americans believe the U.S. is in a depression than believe that the economy is growing). [Read more…]
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h/t YouTube Channel NotforSale2NWO ~ Awesome channel for those who want to step outside the disinformation matrix and are seeking reliable alt news channels.
This week Max and Stacey cover the pharmaceutical industries pill pushing agenda targeting any who have the slightest hint of an emotional disorder. This includes our children who seem to be their number one target. Max also talks to Adrian Salbuchi about the similarities between the financial attack on Greece and what happened to Argentina in 2001/2002.
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UPDATE: U.S.’s Aaa Debt Rating Placed on Review for Possible Downgrade by Moody’s and see this Moody’s Puts US AAA Rating On Downgrade Review
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June 22, 2011
By Rep. Ron Paul – The Washington Times
Among the facts that the Federal Reserve would rather you didn’t know is that at the height of the financial turmoil in 2008, when average Americans were just beginning to suffer, the institution was passing out sweetheart deals to protect the powerful and well-connected. Among the beneficiaries were foreign banks, Wall Street giants and even the company that then owned MSNBC.
Recently, my House subcommittee on domestic monetary policy held a hearing to examine information disclosed by the Federal Reserve about its bailout lending during the 2008 financial crisis – disclosure that was required by the Dodd-Frank Act and the Freedom of Information Act. [Read more…]