Good news from the housing crash:  police forces too broke to taser you to death!


Fannie Mae relaxes down payment requirements


Two senior BAE execs detained in Houston and treated with heavy hand


Up to 40% rise in calls to police from people hoping to collect reward money by turning their neigbor in


An 'offshore Northen Rock':  Extraordinary Central Bank rescue of Icelandic krona as the country's economy buckles under massive debts that could take down British pound too!


Malthus 'hugely underestimated the capacity of ordinary human beings to keep eating'

Fat people causing both climate change and food price increases


Oil soars to near $128 on Bush arrival in Saudi Arabia

Alert!  Alert!  Fed's direct loans to banks hits RECORD LEVEL this week!!!!!  







** Listen to Max and Stacy talk about headlines - 24 April 2008 **





***  Send us your insider scoops on financial and market scandals to stacy [at] maxkeiser dot com  ***



falling dollar

Back door G7 deal to halt falling dollar?  Sovereign wealth funds and BRIC nations forced to stop trading dollars for Euros?



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German bonds rated higher than US treasuries for first time ever

Paul Volcker on possibility of a US dollar crisis:  "You don't have to predict it, you're in it"

"Bernanke is printing huge amounts of money.  He's out of control and the Fed is out of control." - Jim Rogers

US can't even maintain value of penny!  Mint turns to steel for penny and nickel

South Korea:  world's fifth largest pension fund refuses to buy any more US treasuries

GREENSPAN URGES GULF NATIONS TO DUMP THE DOLLAR!

Dana Perino under strict orders to not talk about the dollar

:Bankers bankers bankers:


Roach motel finance:   You can get in but you can't get out of a hedge fund

Banks creating CDOs for the purpose of laundering profits through Fed

Morgan Stanley predicts at least 15% fall in UK house prices; 1.2 million in negative equity


Royal Bank of Scotland prepares biggest rights issue in corporate history

Another massive write down for former dancing queen, Citigroup

Deutsche Bank:  Weekend emergency rate cuts do not help . . . the Fed is feeding market panic

Bear Stearns boss tells employees, "we are a collective victim of violence"


MAX ON THE ROAD

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WATCH MAXKEISER DOT COM FILMS:
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"DEATH OF THE DOLLAR"
"BANKING ON IT," PT 1
"BANKING ON IT," PT 2
"RIGGED MARKETS," PT 1
"RIGGED MARKETS," PT 2
"EXTRAORDINARY ANTICS," PT 1
"EXTRAORDINARY ANTICS," PT 2
"MONEY GEYSER," PT 1
"MONEY GEYSER," PT 2
"PEAKED," PT 1
"PEAKED," PT 2
"DEATH OF THE DOLLAR 2," PT 1
"DEATH OF THE DOLLAR 2," PT 2


MAX ON CHANNEL 4
MAX ON CHANNEL 5

THE MAX KEISER CHIEFS


GULAG WEALTH FUND!





KEEPING AN EYE ON THE BURSTING OF THE GLOBAL DEBT BUBBLE:::::::

Since Bear Stearns, pressure builds on Fed to bail out other companies and even whole industries

IMF cuts global growth forecast on 'worst crisis since the Great Depression'

Federal Housing Authority facing first deficit in its 74 year history
 
The dollars decline already amounts to the biggest default in world history

In a warped sense, one has to admire the cool way that Americans – who save nothing, in aggregate – tapped into the vast savings pool of thrifty Germans to finance their speculative excesses, and then left the creditors holding a chunk of the subprime losses.

::::END OF AMERICAN DREAM ::::

401(k)s cashed in to pay mortgages

40 fold increase in US children being treated for bipolar disorder!!!!  

The new American way of reneging on debts threatens global banking system


The United States is only a 'growing economy' in that it is 'growing poorer'

More and more Americans turning to payday lenders

'Watershed moment' - the accelerating demise of American pension plans

One in ten Americans now receiving food stamps . . . highest in 30 years


" . . . it takes an enraged, delinquent mortgagor to indulge in a frenzy of destruction . . . "

More Americans are tapping their pension funds to finance 'spending more than they earn' American dream

Aeroflot nation - America's domestic airlines struggle with dilapidated, aging planes

Chinese firms outsourcing to US to save money


Quotable:
“The US slowdown and lower interest rates have lowered the value of the dollar and encouraged speculative flows into oil and other dollar-denominated commodities. What’s happening in the oil market is due to the mismanagement of the US economy, which is affecting the rest of the world,”
            -  OPEC President, Chakib Khelil, March 5, 2008





Viewer Art:


max keiser cornwall statue


max keiser as president


max keiser in the holyland

 






Saudi King Abdullah says kingdom will save new oil fields for future generations

"The money Americans spend on liposuction to get rid of their excess fat could be funneled to famine victims instead"


Barcelona begins importing water as worst drought on record hits


Jim Grant agrees - it's savers versus speculators and the latter have the government and Fed on their side

** Watch our film, "Savers versus Speculators" in which we told you first **


"Commodity markets and futures exchanges have never been intended to serve investors"

Archbishop of Canterbury condemns UK debt culture:  "We need to look at what it means for a whole economy to be built up on spiralling, more or less uncontrolled credit."  


House prices plunge in California

Toll booth economics as US gains access to UK speed and CCTV cameras

Food crisis in Japan as government dips into emergency reserves for first time since WWII


Food shortages hit US?

** Watch Max Keiser in 'Peaked' - the story of peak oil **

Read Max Keiser's 2001 Letter to NY Times predicting that a US pyramid would lose in a war on terror networks  


WATCH MAX KEISER TV AT YOUTUBE

Make friends with Max at Facebook


Private finance or public swindle?

EXCLUSIVE!!!  LISTEN TO 'THE MAX KEISER SUBPRIME BLUES BAND' ONLY HERE AT MAX KEISER DOT COM

Karmabanque Radio talks to out of this world comic book superhero, Susan LaMuse

"Max claims that our economy is “damaged”, but are you really going to believe a man who talks to plastic clowns?" -  Shelley the Republican


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Read Max Keiser in the FT:  "Transparency is the essence of market economy"

Wolfowitz blames Max Keiser Dot Com


"A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional way along with his fellows, so that no one can really blame him."

John Maynard Keynes, 1931.




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Learn more about Max at Max Keiser Dot Net


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To contact Max Keiser email him at

max [at] maxkeiser dot com

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