Max Keiserand co-host, Stacy Herbert, look at the scandals of silver shortages and quitting the dollar. In the second half of the show, Max Keiser talks to Paul Mladjenovic, author of Precious Metals for Dummies, about silver market manipulation.
This time Max Keiser and co-host, Stacy Herbert, look at the scandals of no exits and no jubilees. At least for the bottom 99.9%. In the second half of the show Max talks to Nicole Foss of the Automatic Earth blog about energy and peak credit.
Keiser Report on Silver Revolt: Crash JP Morgan Goes Viral!
This time, Max Keiser and co-host Stacy Herbert look at videos from the "Crash JP Morgan, Buy Silver" viral campaign. They also discuss whether "My father is Li Gang" is any less corrupt than "My Uncle is Sam", as mortgage holders go postal and regulators tell us to "batten down the hatches". In the second half of the show, Max talks to financial journalist Teri Buhl about Ambac's lawsuit against JP Morgan. The case JP Morgan is trying to seal was filed by New York law firm Patterson Belknap Webb & Tyler for Ambac Assurance. To learn more about how JP Morgan is trying to cover up the alleged fraudulent practices of EMC (a wholly owned sub-company) and the Bear Stearns residential mortgage bonds it now responsible for: Look for Nick Verbitsky of Blue Chip Films upcoming documentary film 'Confidence Game'.
The globe runs on oil but it appears as though oil is running out. The International Energy Agency (IEA) in Paris just released their projections for world oil production by type. What is the significance of the IEA projections? This is the question that Max asks Gregor Macdonald of gregor.us where he writes monthly newsletter on energy and economics.
Call Congress and Say NO
Nov 17, 2010
As I've previously noted, forgery of mortgage documents is systematic and widespread. See this, this, this, this and this.
Yves Smith pointed out last month that congressional bill H.R. 3808 is an attempt to paper over rampant criminality by the big banks regarding forged mortgage documents:
We are seeing more recognition of the consequences of this [widespread problem] , which in more polite company might be called, "My dog ate your mortgage."
***One sighting (hat tip 4ClosureFraud) is the effort by the Ohio Secretary of State to enlist support against a proposed measure to allow for electronic notarizations. The Secretary hints strongly that this measure being put forward is directly related to the revelation of affidavit improprieties, which further suggests that the banks might regard this as a remedy for this particular, um, lapse:
H.R. 3808 is known as the "Interstate Recognition of Notarizations Act." It passed the House under a suspension of the rules in April 2010. It requires federal and state courts to recognize any notarization that is lawful in the state where the notary is licensed. Now, in one day, it passed in the Senate.
When I learned of it last Thursday, it sounded innocuous to me, but then I started looking at the timing of the bill. GMAC, owned by Ally, had just suspended its foreclosure actions in 23 states, including Ohio. I had already referred Chase Home Finance, LLC, on August 23, 2010, to the U.S. Department of Justice, asking it to review and investigate Chase's document notarization practices in home foreclosures (18,000 documents per month were being notarized by 8 people, along with other irregularities). I license notaries in the State of Ohio. Even though I don't have the power under state law to investigate or prosecute, I couldn't stand idly by without acting. That's why I'm asking you to email or call the President at 202-456-1111 to ask him not to sign the bill.
Last Wednesday, the day before I announced the DOJ referral, JPMorgan Chase announced it was having third party counsel review its document procedures for foreclosures. Just two days before, the U.S. Senate had rushed through H.R. 3808. Something didn't seem right. Since then others agree with me.
Yves here. This development reveals how this battle is likely to play out. Now that judges in some states are starting to take these dubious, potentially fraudulent measures seriously, the next line of attack is to get the more bought and paid for Federal government to intercede on behalf of the banks. As the e-mail by the Ohio Secretary shows, this is a state versus Federal rights issue. And the problem is that these solutions will be depicted as "efficient," just as securitizations and other "innovations" were.
And while efficiency in theory is a good thing, it must always be kept secondary to the overall integrity of the system, otherwise, you run the risk of breakdown. Using dubious arguments to overturn well settled law to get the banking industry out of a monster mess it created is a Faustian bargain. It makes it abundantly clear what is really at stake here, which is the rule of law. Banks that were quick to defend unjustifiable pay deals by invoking "sanctity of contract" have no inhibition about ignoring their own contracts to pad their bottom line, and ultimately, the wallets of top executives.
Rather than deal with the considerable consequences of these abuses, the banks are prepared to bulldoze well settled state laws to give them an easy way out. And I'm not basing my view on this story alone; I had a conversation yesterday with a Congressional staffer who matter-of-factly said (but with little understanding of the underlying issues) that Congress would intervene on behalf of the industry, via its authority over national banks.
The result is that we institutionalize kleptocracy while keeping largely gutted forms of due process as theater. The powers that be hope that the broad public will remain unaware of what is really at work.
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Congress passed H.R. 3808 by a secret voice vote so that the names of the congress members voting for it wouldn't be recorded. For example, as shown by the official government webpage:
4/27/2010 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.
Using that unusual procedure, the Congress critters were hoping to avoid public shaming.
Obama vetoed H.R. 3808, but tomorrow, Congress will try -- again by secret vote -- to retroactively legalize foreclosure fraud and forgery by the big banks.
96th Episode is a special 'Crash JP Morgan' edition of the Keiser Report. This time Max Keiser and co-host, Stacy Herbert, look at the call from Eric Cantona to withdraw money from the banks and at the viral 'Crash JP Morgan Buy Silver' campaign by Max Keiser. In the second half of the show Max talks to Alex Jones about Google bombs, naked body scanners and 'Crash JP Morgan Buy Silver'.
Watch special 'Crash JP Morgan' edition of the Keiser Report on Thursday. This time Max Keiser and co-host, Stacy Herbert, look at the call from Eric Cantona to withdraw money from the banks and at the viral 'Crash JP Morgan Buy Silver' campaign by Max Keiser. In the second half of the show Max talks to Alex Jones about Google bombs, naked body scanners and 'Crash JP Morgan Buy Silver'.
Rigged market capitalists and banking oligarchs are at war with the people. With the collusion of the politicians and the central bank they own, bankers have created a gulag casino state designed to annihilate competition and prosperity. Financial war reporter, Max Keiser, a former Wall Street banker and options trader, knows how the markets are rigged to explode at the push of one deliberately fat finger. With co-host, Stacy Herbert, the Truth about Markets team warns you of market manipulation, fraud and scandal before it destroys your wealth and opportunity. Max Keiser presents financial investigations and entertainment for television networks around the world, including Aljazeera English, BBC Worldwide, PressTV and RT. He previously hosted a CBS/KLSX Los Angeles, a segment of Access Hollywood for NBC. He's the creator of the Hollywood Stock Exchange and inventor of the virtual specialist technology on which the exchange operates. It's time to rise up against the financial tyranny of rigged market capitalism and banking occupation!
In this edition of Press TV's 'On the Edge with Max Keiser', Max has an interview with Chris Martenson, who does a lot of blogging on finance and economics at his site chrismartenson.com. He is a scientist by training and was a VP for a fortune 300 company.
Alex welcomes back to the show Tyrel Ventura, the son of former Minnesota governor Jesse Ventura. Tyler is a film producer, director, writer and actor. He has produced his father's popular television show, Conspiracy Theory with Jesse Ventura, directed Dinner with the Legends 'Beyond the Mat' and Border, and had a role in Michael J. Heagle's Planetfall. Alex also talks with film-maker, broadcaster and former broker and options trader Max Keiser. Keiser formerly hosted The Oracle with Max Keiser on BBC World News and currently hosts On The Edge with Max Keiser. Alex also covers the latest news and takes your calls.
Watch full episode 93 of Keiser Report on Tuesday. This time Max Keiser and co-host, Stacy Herbert, will look at the scandals of shameless Britain and Wall Streets cash cow. In the second half of the show Max will talk to David Morgan about the silver market.
This time, Max Keiser and co-host, Stacy Herbert, look at the scandals of fake judges using fake deputies to collect fake debts in fake courts and of Irish austerity under imposed under fake pretences. In the second half of the show Max talks to David McWilliams about Ireland's first ever economics festival, Kilkenomics, and the financial and banking crisis that inspired it.
Watch full 92nd episode on Thursday. This time, Max Keiser and co-host, Stacy Herbert, look at the scandals of fake judges using fake deputies to collect fake debts in fake courts and of Irish austerity under imposed under fake pretences. In the second half of the show Max talks to David McWilliams about Irelands first ever economics festival, Kilkenomics, and the financial and banking crisis that inspired it.
Watch full 91st episode on Tuesday. This week Max Keiser and co-host, Stacy Herbert, look at the biggest, richest party ever as Ponzi schemes and a paralyzed Fed defraud America. In the second half of the show Max talks to James Scaminaci III about the Tea Party, the Englightenment and bankers.