Thursday, 18 August 2011

Keiser Report (E173): Banking Looters

This week Max Keiser and co-host, Stacy Herbert, observe the British shock that there is no society. In the second half of the show Max talks to former bank regulator, William K. Black about the absence of justice for banking crimes and whether or not the population plays a role in demanding this justice.



A very good episode. Essential viewing !

[Posted at the SpookyWeather blog, August 18th, 2011.]

1 comment:

steven andresen said...

spook,

I have never watched the show "COPS", which is about police tracking down and arresting street criminals. I've seena few segmants.

I'm told that Europeans think this show is criminal, that the show exposes people to public scrutiny that would hamper their rights in a court. Apparently, such a show would violate some laws in European countries.

I have thought the show focuses on the street criminals and does not go after white collar criminals because the bankers and mortgage loan officers would not be so dumb as to allow themselves to be filmed for such a show. However, the fact that white collar criminals are not pursued, prosecuted, or punished, as Prof. Black attested to, establishes that the white collar people are above the law. They are held to different standards than the street criminals. And so, this makes the police mere thugs in blue, who are enforcing rules meant for the littler weaker people.

The show should be more accurately called "Thugs in Blue."

The issue in this show "COPS" and other shows having to do with criminals is whether justice is being served. I believe it is not when it is demonstrated that the wealthy white collar people make away with billions in loot, whereas the street criminals are being beaten up for tens of dollars.