Keiser Report Episode 580
Published on Mar 27, 2014
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the paper fist ruling the Empire of Debt. They look at the poor people being financially strip searched, stopped and frisked and then choked while standing in an X-Factor-like line to get a low-paying job in a supermarket. In the second half, Max interviews entrepreneur and investor Matthew Mellon about bitcoin and the blockchain, luxury shoes and Hanley-Mellon.
Odious debt, also known as illegitimate debt or the national debt incurred by a regime for purposes that do not serve the best interests of the nation, should not be enforceable. Such debts are, thus, considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state. In some respects, the concept is analogous to the invalidity of contracts signed under coercion.
http://cur.lv/6mq4e Free Bitcoins!