Keiser Report: God Hates Bankers (E372)

Countdown to Singlularity, logarithmic scale.

Countdown to Singlularity, logarithmic scale. (Photo credit: Wikipedia)

T-800 Terminator Exoskull

T-800 Terminator Exoskull (Photo credit: John Biehler)

The Federal Reserve: The Biggest Scam In History

The Federal Reserve: The Biggest Scam In History (Photo credit: CityGypsy11)

Everybody Hates You

Everybody Hates You (Photo credit: Wikipedia)

Keiser Report: God Hates Bankers (E372

Published on Nov 27, 2012 by RussiaToday

In this episode, Max Keiser and Stacy Herbert discuss the water and fire signalling
the arrival of the paper apocalypse as ever more analysts warn of the debt and
credit bubble as governments put their faith in share traders who, a new study shows,
are more manipulative than psychopaths. In the second half, Max Keiser talks to
professor and economist, Steve Keen, about the fiscal cliff and private sector
deleveraging. They also discuss the possibility of a currency collapse in Japan.


Are We Close to A Skynet Takeover?

An article written by Tallinn and Price warns that artificially intelligent computers or robots could
take over “the speed and direction of technological progress itself,” and shape the environment
of planet earth to their own ends while displaying about as much concern for humanity as we do
for a bug on the windscreen.

Far from being resigned to works as science fiction such as in the Terminator films, the threat posed
by a potential future “rise of the robots” has never been closer to reality.

The study echoes the predictions of respected author, inventor and futurist Ray Kurzweil, renowned for his deadly accurate technological forecasts.…

This entry was posted in Computers and Internet, Education, Health and wellness, News and politics, Organizations and tagged , , , , , , , . Bookmark the permalink.

4 Responses to Keiser Report: God Hates Bankers (E372)

  1. pamea says:

    Interesting guest, Steve Keen, is he this Australian?

    Why arent men like this ruling our country?

  2. PeterBDunn says:
    Traditionally, obtaining or extorting money illegally or carrying on illegal business activities, usually by Organized Crime . A pattern of illegal activity carried out as part of an enterprise that is owned or controlled by those who are engaged in the illegal activity. The latter definition derives from the federal Racketeer Influenced and Corruption Organizations Act (RICO), a set of laws (18 U.S.C.A. § 1961 et seq. [1970]) specifically designed to punish racketeering by business enterprises.

    Racketeering, as it is commonly understood, has always coexisted with business. In the United States, the term racketeer was synonymous with members of organized-crime operations.

    Congress passed RICO as part of the Organized Crime Control Act of 1970. Organized crime in the United States had been increasing ever since the Twenty-First Amendment’s Prohibition of alcohol was repealed in 1933. Crime groups and families that had been bootlegging moved on to other moneymaking crimes by controlling legitimate businesses and by using some of them as fronts for criminal activity. Over the years, Congress had enacted several statutes authorizing increased punishment for typical organized-crime activities such as illicit gambling rings, loan sharking, transportation of stolen goods, and Extortion. However, it had not passed legislation that specifically punishes the very act of committing organized crime.

    Organized crime continued to proliferate in the 1960s. After investigating and debating organized-crime legislation for approximately 20 years, beginning with Senate committee hearings conducted in 1951 by Tennessee Senator Estes Kefauver, Congress finally passed RICO.

    The specific goal of RICO is to punish the use of an enterprise to engage in certain criminal activities. A person who uses an enterprise to engage in a pattern of racketeering may be convicted under the RICO criminal statute (18 U.S.C.A. § 1963). An enterprise is defined as “any individual, partnership, corporation, association, or other legal entity, and any union or group of individuals associated in fact although not a legal entity.” A pattern is defined as “at least two acts of racketeering activity, one of which occurred after the effective date of [RICO’s passage] and the last of which occurred within 10 years … after commission of a prior act of racketeering activity.”

    Racketeering activity under federal law includes a number of criminal offenses, including: Bribery; sports bribery; counterfeiting; felony theft from interstate shipment; Embezzlement from Pension and Welfare funds; extortionate credit transactions; Fraud relating to identification documents; fraud relating to access devices; transmission of gambling information; Mail Fraud; wire fraud; financial institution fraud; citizenship or naturalization fraud; obscene matter; Obstruction of Justice; obstruction of criminal investigation; obstruction of state or local law enforcement; witness tampering; retaliation against witness; interference with commerce, bribery, or extortion; interstate transportation in aid of racketeering; interstate transportation of wagering paraphernalia; unlawful welfare fund payments; prohibition of illegal gambling business; Money Laundering; monetary transactions in property derived from unlawful activities; murder for hire; sexual exploitation of children; interstate transportation of stolen motor vehicles; interstate transportation of stolen property; sale of stolen goods; trafficking in motor vehicles and parts; trafficking in contraband cigarettes; white slave traffic; restrictions of payments and loans to labor organizations; embezzlement from union funds; Bankruptcy fraud; fraud in the sale of Securities; felonious manufacture, importation, receiving, concealment, buying, selling, or otherwise dealing in narcotic or other dangerous drugs; and any act that is indictable under the Currency and Foreign Transactions Reporting Act.

    RICO outlaws every manner in which an enterprise can be used for long-term racketeering activity. Under the law, no person may invest racketeering proceeds to acquire any interest in an enterprise; no person may acquire or maintain an interest in an enterprise through a pattern of racketeering activity; and no person associated with or employed by an enterprise may conduct that enterprise’s affairs through a pattern of racketeering activity.

    The punishment for violating the criminal provisions of RICO is exceptionally severe. If convicted, a defendant is fined and sentenced to not more than 20 years in prison for each RICO violation. Furthermore, the defendant must forfeit any interest, claim against, or property or contractual right over the criminal enterprise, as well as any property that constitutes the racketeering activity or that was derived from the racketeering activity. Finally, RICO contains civil provisions that allow a party who has been injured by a RICO defendant to recover from the defendant in civil court. A successful civil RICO plaintiff may collect treble damages, or three times the amount lost to the defendant, as well as attorney’s fees and other costs associated with the litigation. The intent of the many and various sanctions is to cripple, and ultimately eradicate, organized crime enterprises
    Thomas Petters is an American masquerading as a business man who turned out to be a con man and was the former CEO and chairman of Petters Group Worldwide.[7] Petters resigned his position as CEO on September 29, 2008, amid mounting criminal investigations.[8] He later was convicted for turning Petters Group Worldwide into a $3.65 billion Ponzi scheme[9] and was sentenced to 50 years in federal prison.
    Charles Ponzi and the Ponzi scheme.

  3. Pingback: Keiser Report: Too Big To Jail (E379) | peter's space

  4. Pingback: Keiser Report: Bums & Bloodsuckers (E391) Europe/Australia all the same! | peter's space

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s