In this episode, Max Keiser and Stacy Herbert discuss the audacious finance oligarchies and high speed stock manipulators OOPSING again by front running clients (oops!) and manipulating market prices (oops!). And, once again, the US regulators have just ‘aw shucks’ fined them a small portion of their ill-gotten gains. In the second half of the show, Max Keiser talks to Will Carless of VoiceOfSanDiego.com about the billion dollar cost of repaying back a $105 million dollar loan to Poway School District in San Diego.
A program that provides subsidized phone service to low-income individuals has nearly doubled in size in Ohio in the past year — now covering more than a million people. At the same time, federal officials say they’re reining in waste, fraud and abuse in the program.
While most people would agree with the sage advice not to drink and drive, the same could generally be said for mixing drinking with just about any activity. Former senior broker at PVM Oil Futures Steve Perkins learned this the hard way.
Tom Hanks narrates the epic story of the 9/11 boatlift that evacuated half a million people from the stricken piers and seawalls of Lower Manhattan. Produced and directed by Eddie Rosenstein. Eyepop Productions, Inc.
BOATLIFT was executive produced by Stephen Flynn and Sean Burke and premiered on September 8th at the 9/11 Tenth Anniversary Summit: Remembrance/Renewal/Resilience in Washington. The Summit kicked off a national movement to foster community and national resilience in the face of future crises. See http://www.road2resilience.org to become a part of the campaign to build a more resilient world. The film was made with the generous support by philanthropist Adrienne Arsht, Chairman Emerita, TotalBank (www.arsht.com)
The media attention given recently to the phenomenon of bullying in schools, is truly a cause for celebration. Finally our world has begun to take seriously the plight of children: the most powerless sector of the community. Initiatives under way in schools are designed to intervene by identifying bullies and their victims, and then providing counseling and education in more effective social skills. Programs have been developed to teach school bullies alternative behaviors, impulse control, conflict resolution and negotiation skills. The victims of bullying are offered support, protection, and trained in assertiveness wherever practicable…
Just in case you need another reason to cut back on junk food, it now turns out that Alzheimer’s could well be a form of diet-induced diabetes. That’s the bad news. The good news is that laying off soda, doughnuts, processed meats and fries could allow you to keep your mind intact until your body fails you.
In my last column, “A Culture of Delusion,” I wrote that “Americans live in a matrix of lies. Lies dominate every policy discussion, every political decision.” This column will use two top news stories, Iranian nukes and Julian Assange, to illustrate how lies become “truth.”
Former Assistant Secretary of Housing under George H.W. Bush Catherine Austin Fitts blows the whistle on how the financial terrorists have deliberately imploded the US economy and transferred gargantuan amounts of wealth offshore as a means of sacrificing the American middle class. Fitts documents how trillions of dollars went missing from government coffers in the 90′s and how she was personally targeted for exposing the fraud.
Fitts explains how every dollar of debt issued to service every war, building project, and government program since the American Revolution up to around 2 years ago — around $12 trillion — has been doubled again in just the last 18 months alone with the bank bailouts. “We’re literally witnessing the leveraged buyout of a country and that’s why I call it a financial coup d’état, and that’s what the bailout is for,” states Fitts.
Massive amounts of financial capital have been sucked out the United States and moved abroad, explains Fitts, ensuring that corporations have become more powerful than governments, changing the very structure of governance on the planet and ensuring we are ruled by private corporations. Pension and social security funds have also been stolen and moved offshore, leading to the end of fiscal responsibility and sovereignty as we know it.
Fitts explained how when she was in government she tried to encourage the creation of small businesses, new jobs and new skills to compete in a globalized world otherwise the American middle class was toast, only to be forced out by the feds using dirty tricks. The elite instead wanted Americans to take on more credit card, mortgage and auto debt that corporations and insurers knew they couldn’t afford, while quietly moving their jobs abroad in the meantime.
