Max and Stacey discussing Odious Debt


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.

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5 Responses to Max and Stacey discussing Odious Debt

  1. PeterBDunn says:

    Australia currently has its own Inside Job before ICAC with Thompson, Obeid, and whos next?, and the rest of the rank rats that left the labour party on their being voted out by the people
    Gem channel 10
    Inside Job
    6.30pm – 8.45pm
    Inside Job provides a comprehensive analysis of the global financial crisis of 2008, which at a cost over $20 trillion, caused millions of people to lose their jobs and homes in the worst recession since the Great Depression.
    [Adult Themes or medical procedures, Coarse language]
    Documentary | USA | English | 2010

    • PeterBDunn says:

      Joe Hockey confirms pension age could rise to 70

      Policicans/Public servants, who dont produce anything, can access their super after only 8 years
      but you dear fellow australian, are being told vide an Inside Job, purpetuated
      by a public sector service union, that you may have to work untill your 70!!
      when the mob gaslighting you, because of the debt they ran up, but now tell you, you and yours have to pay for .
      Claw back the wage rises they gave themselves without a mandate and all the
      taxpayer monies they gave to one of the richest men in the world billy gates and the monies for the temporaty seat at the UN
      and send a message to these indentured servants that we will as a people/country hold each and every one of them accountable for theiactions of scumbaggery.
      or we could just shoot em and bury em at sea like they did to bin laden,
      but not to his son? consistancy and honour whats that all about?

    • PeterBDunn says:

      Uploaded on Feb 13, 2012

      The award winning documentary ‘Inside Job’ [2011 | US] by the veteran crusader, Charles Ferguson is the most insightful and illuminating amongst a number of such attempts that deal with the global financial crisis, which is wrecking lives and economies across the world to this day.

      The reason is that it successfully challenges the myths and lies surrounding the root causes of the crisis and tells us exactly how and why it happened, in a simple and straightforward way that anyone can understand.

      IsuruFoundation® highly recommends this great film to anyone who wants to know why we the public are paying with our lives for the treacherous shenanigans of the filthy rich and the powerful.

      To read my review of the film and to rent or to purchase the DVD please go here:

      To learn more about the film, please go to:

    • PeterBDunn says:

      Aussie Agenda 21 Exposed! Ann Bressington & Vinny Eastwood Published on 14 Mar 2013

      • PeterBDunn says:

        By Matt Taibbi

        April 25, 2013 1:00 PM ET

        Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world’s largest banks may be fixing the prices of, well, just about everything.
        living in an era of undisguised, real-world conspiracy, in which the prices of currencies, commodities like gold and silver, even interest rates and the value of money itself, can be and may already have been dictated from above. And those who are doing it can get away with it. Forget the Illuminati – this is the real thing, and it’s no secret. You can stare right at it, anytime you want.

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