Sinking Ship In Credit Sea - Max Keiser

Captains of the financial industry abandoning ship while tripping into TARP. In the second half of the show, Max talks to former oil market regulator, Chris Cook, about the imminent collapse of the oil market and about the role of Goldman Sachs, BP and passive investors in driving the price of oil. Source

Comment: F. Beard

The UK doesn’t have this money …” Max “Bud” Keiser. The UK, being monetarily sovereign, like the US, and unlike France, Ireland and Greece, can create ANY amount of Pounds. What Max? You think money must be dug out of the ground or borrowed from the banks or other usurers? Of course the UK should not waste its precious money creation ability on the banks. It should use that ability to bail out its entire population from the counterfeiting cartel, including non-debtors.