Sunday, January 05, 2014

"Russia Today" Max Keiser is of course completely bonkers but... occasionally has a point

I often get bored with watching BBC Breakfast TV since after a while they just repeat things so I surf the goggle box. "Russia Today" is often pretty interesting even though it usually makes Fox News look like its run by wishy washy  liberals.

It has a regular show by a completely manic "Shouty" American financial pundit called Max Keisor, who if you ignore the paranoia and foaming at the mouth, occasionally makes some serious points. Such as this :-

"Compare the complete lack of a political response to financial regulatory failure re: HSBC’s money laundering for Mexican drug cartels [in a drug war known to have killed 40,000], with David Cameron’s grand rhetoric and police crack down following the August 2011 riots.

Looting by those in austerity derived poverty as a direct result of white-collar bank crime is met with the full force of the law. UK citizens may as well be Taliban “enemy combatants” fighting a losing war against corporatism, as they receive the full wrath of the ‘justice system’ with 24 hour courts and punitive 6 month jail sentences for stealing water bottles.

(deleted paragraph because I haven't a clue if really true. grayee)

The total cost of the August 2011 riots was estimated at £0.5 billion. The total UK cost of the 2008 financial caused by financial deregulation, bank fraud and management failures was estimated at £1.2 trillion for banking losses alone, to say nothing of the lives and businesses ruined globally, with 100 million people thrown back into poverty according to the UN.

4000 people were arrested following the UK riots, with 701 receiving custodial jail sentences!
How many bankers are in jail as a result of £500 trillion LIBOR and Forex market manipulation, or PPI mis-selling for looting in the City of London? That’s right, zero.

The unfortunate truth is that we live in a two-tier justice system, where the banking criminals are above, or outside of the law, and it’s high time something was done about it....".
e complete lack of a political response to financial regulatory failure re: HSBC’s money laundering for Mexican drug cartels [in a drug war known to have killed 40,000], with David Cameron’s grand rhetoric and police crack down following the August 2011 riots.
Looting by those in austerity derived poverty as a direct result of white-collar bank crime is met with the full force of the law. UK citizens may as well be Taliban “enemy combatants” fighting a losing war against corporatism, as they receive the full wrath of the ‘justice system’ with 24 hour courts and punitive 6 month jail sentences for stealing water bottles.
Lord Stephen Green on the other hand, as HSBC CEO and “market maker” is deemed outside of the law, and lionised for his financial looting. Granted a plush role as UK Government Trade Minister, escaping any responsibility for his own complicity in massive HSBC fraud, despite ignoring prior warnings to cease and desist from US regulators.
The total cost of the August 2011 riots was estimated at £0.5 billion. The total UK cost of the 2008 financial caused by financial deregulation, bank fraud and management failures was estimated at £1.2 trillion for banking losses alone, to say nothing of the lives and businesses ruined globally, with 100 million people thrown back into poverty according to the UN.
4000 people were arrested following the UK riots, with 701 receiving custodial jail sentences!
How many bankers are in jail as a result of £500 trillion LIBOR and Forex market manipulation, or PPI mis-selling for looting in the City of London? That’s right, zero.
The unfortunate truth is that we live in a two-tier justice system, where the banking criminals are above, or outside of the law, and it’s high time something was done about it.

Read more at http://www.maxkeiser.com/2014/01/rbs-grg-the-guantanamo-bay-where-smes-are-sent-to-die/#52AUMduU8DW1RRzJ.99
The total cost of the August 2011 riots was estimated at £0.5 billion. The total UK cost of the 2008 financial caused by financial deregulation, bank fraud and management failures was estimated at £1.2 trillion for banking losses alone, to say nothing of the lives and businesses ruined globally, with 100 million people thrown back into poverty according to the UN.
4000 people were arrested following the UK riots, with 701 receiving custodial jail sentences!
How many bankers are in jail as a result of £500 trillion LIBOR and Forex market manipulation, or PPI mis-selling for looting in the City of London? That’s right, zero.
The unfortunate truth is that we live in a two-tier justice system, where the banking criminals are above, or outside of the law, and it’s high time something was done about it.

Read more at http://www.maxkeiser.com/2014/01/rbs-grg-the-guantanamo-bay-where-smes-are-sent-to-die/#52AUMduU8DW1RRzJ.99
The total cost of the August 2011 riots was estimated at £0.5 billion. The total UK cost of the 2008 financial caused by financial deregulation, bank fraud and management failures was estimated at £1.2 trillion for banking losses alone, to say nothing of the lives and businesses ruined globally, with 100 million people thrown back into poverty according to the UN.
4000 people were arrested following the UK riots, with 701 receiving custodial jail sentences!
How many bankers are in jail as a result of £500 trillion LIBOR and Forex market manipulation, or PPI mis-selling for looting in the City of London? That’s right, zero.
The unfortunate truth is that we live in a two-tier justice system, where the banking criminals are above, or outside of the law, and it’s high time something was done about it.

Read more at http://www.maxkeiser.com/2014/01/rbs-grg-the-guantanamo-bay-where-smes-are-sent-to-die/#52AUMduU8DW1RRzJ.99
Compare the complete lack of a political response to financial regulatory failure re: HSBC’s money laundering for Mexican drug cartels [in a drug war known to have killed 40,000], with David Cameron’s grand rhetoric and police crack down following the August 2011 riots.
Looting by those in austerity derived poverty as a direct result of white-collar bank crime is met with the full force of the law. UK citizens may as well be Taliban “enemy combatants” fighting a losing war against corporatism, as they receive the full wrath of the ‘justice system’ with 24 hour courts and punitive 6 month jail sentences for stealing water bottles.
Lord Stephen Green on the other hand, as HSBC CEO and “market maker” is deemed outside of the law, and lionised for his financial looting. Granted a plush role as UK Government Trade Minister, escaping any responsibility for his own complicity in massive HSBC fraud, despite ignoring prior warnings to cease and desist from US regulators.
The total cost of the August 2011 riots was estimated at £0.5 billion. The total UK cost of the 2008 financial caused by financial deregulation, bank fraud and management failures was estimated at £1.2 trillion for banking losses alone, to say nothing of the lives and businesses ruined globally, with 100 million people thrown back into poverty according to the UN.
4000 people were arrested following the UK riots, with 701 receiving custodial jail sentences!
How many bankers are in jail as a result of £500 trillion LIBOR and Forex market manipulation, or PPI mis-selling for looting in the City of London? That’s right, zero.
The unfortunate truth is that we live in a two-tier justice system, where the banking criminals are above, or outside of the law, and it’s high time something was done about it.

Read more at http://www.maxkeiser.com/2014/01/rbs-grg-the-guantanamo-bay-where-smes-are-sent-to-die/#52AUMduU8DW1RRzJ.99
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