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The author Max Keiser
Max Keiser
Timothy Maxwell "Max" Keiser (born January 23, 1960) is an American broadcaster and film maker. He hosts Keiser Report, a financial program broadcast on Russian state media channel RT. Until November 2012, Keiser anchored On the Edge, a program of news and analysis hosted by Iran's Press TV.

Max Keiser

Medicare-for-All “Socialism” Is Just Another Racket

The core problem with “socialist” proposals such as Medicare-for-All is that they don’t actually fix what’s broken–they just expand existing rackets such as the healthcare/sickcare racket, the higher education racket, and so on. Let’s start by separating “real socialism” (state ownership of the means of production) from “faux socialism” (the state borrows trillions of dollars to fund self-serving public-private rackets). The basic idea of classic socialism is that state...

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Stock Market Cheerleading: Why Do We Celebrate the Super-Rich Getting Richer?

The one constant across the media-political spectrum is an unblinking focus on the stock market as a barometer of the national economy: every major media outlet from the New York Times to Fox News prominently displays stock market action, and TV news anchors’ expressions reflect the media’s emotional promotion of the market as the end all to be all: if stocks rose, the anchors are smiling and chirpy, and if the market fell then their expressions are downcast and dour....

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“What’s Moral Is What’s Legal… And What’s Legal Is For Sale”: Negative Network Effects Run Amok

Here’s the U.S.economy in a nutshell: Corporate America is an anti-social Black Plague, gorging on cartel-monopoly profits reaped from negative network effects running amok, enriching the few at the expense of the many and concentrating political power in the hands of the most rapacious, anti-democratic corporate sociopaths. Let’s start with network effects: the conventional definition is “When a network effect is present, the value of a product or service increases...

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Now That We’ve Incentivized Sociopaths–Guess What Happens Next

“Sociopath” is a word we now encounter regularly in the mainstream media, but what does it mean? Here is a list of 16 traits, many of which are visible in lionized corporate and political leaders and entrepreneurs. One key trait is a lack of moral responsibility or conscience; the sociopath feels no remorse if he/she takes advantage of people or exploits them. Sociopaths are masters of superficial charm, intelligence and confidence, and adept at massaging or...

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The Political Parties and the Media Have Abandoned the Working “Middle Class”

Defining the “middle class” has devolved to a pundit parlor game, so let’s get real for a moment (if we dare): the “middle class” is no longer defined by the traditional metrics of income or job type (blue collar, white collar), but by an entirely different set of metrics: 1. Household indebtedness, i.e. how much of the income is devoted to debt service, and 2. How much of the household spending is funded by debt. 3. The ability of the household to set aside substantial...

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The Middle Class Is Now The Muddle Class

The first use of the phrase The Muddle Class appears to be The rise of the muddle classes (Becky Pugh, telegraph.co.uk) in January 2007. The “muddle” described the complex nature of defining “the middle class,” which includes education, class origins, accents, and many other financial, social and cultural signifiers. Comedian Jason Manford claimed to have coined the term in June 2013: “I’ve invented a new term; ‘Muddle Class’. When you find yourself being working class...

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[KR1455] Keiser Report: So Sleepy

In this episode of the Keiser Report, Max and Stacy discuss a BBC journalist who visited rural Ohio to see what voters thought about the situation in Syria. Almost all of them said that they were too busy working multiple jobs and ‘too sleepy to concentrate.’ This reminds Stacy of the story of Warren Buffett calling then Treasury Secretary Hank Paulson in the middle of the night, during the 2008 financial crisis, to...

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Has California Lost The Mandate of Heaven?

In Chinese history, natural disasters were viewed as portents that the The Mandate of Heaven (tianming or “Heaven’s will”) had been withdrawn from the ruling dynasty. Broadening this concept a bit to regional dominance and power, we might ask: has California lost the Mandate of Heaven? How many conflagrations does it take for it to sink in that the Golden State has lost its lustre in some profoundly karmic fashion? How many messes of human excrement on our doorstep does...

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