Keiser Report: Welcome to Fakeville

Keiser Report: Welcome to Fakeville

February 17, 2011

This time Max Keiser and co-host, Stacy Herbert, talk about Guanxi schemes selling fictional forests for real money, while real farmland cant find even a virtual penny. In the second half of the show, Max talks to author and documentary filmmaker, Greg Palast, about whether it is peak oil or oil dictatorships that is the bigger threat to the global economy. (see article excerpt after video)

Vatic Note: Greg makes the point and the articles below confirm that the whole problem in Egypt were the workers of the oil and gas companies going on strike which is inhibiting the profits of the global oil companies and driving up the prices of oil.... very interesting video piece about this by Greg who said we had to get rid of the oil dictators since they were costing us our nation and we needed to get off oil altogether, then read this very interesting article below. I strongly recommend you check out both. Who owns the oil companies??? HINT: Remember BP? Remember major share holder of BP was Goldman Sachs???? Check out these directors of Chevron who only showed up on the scene in 2002, after Exxon had garnered control of the White House. Watch the video and then check out the sample of the board of Chevron and the article following below that.

This is a genuine HOOT!  I love Keiser....


Samuel H. Armacost, 69
Lead Director since 2006 and a Director since 1982. He is Chairman of the Board of SRI International, an independent research, technology development and commercialization organization. Previously he was President, Chief Executive Officer and a Director of BankAmerica Corporation. He also is a Director of Del Monte Foods Company; Callaway Golf Company; Franklin Resources, Inc.; and Exponent, Inc. (3, 4)

Robert E. Denham, 62
Director since 2004. He is a Partner in the law firm of Munger, Tolles & Olson LLP. Previously he was Chairman and Chief Executive Officer of Salomon Inc. He also is a Director of Alcatel-Lucent; Wesco Financial Corporation; and Fomento Económico Mexicano  (VN:  Wall Street firms)

Notice the pattern here of bankers buying into the energy companies and taking over board positions. These were only two, there are 15 directors altogether. Sam Nunn, ex senator, and now He is a Director of The Coca-Cola Company, Dell Inc. and the General Electric Company.

These are only for Chevron, this does not include Exxon and others. I agree we have to quit using and buying oil and gas. Too many other choices and this time we have the inventor pass it onto us him/herself and we pay them directly, keeping the oil companies out of it all.
Here are excerpts of articles about the real reason the military is upset at the revolutionaries....... they are striking for better working conditions in the oil and gas industry and in the banking industry, so this whole DESTABILIZATION PLAN OF THE KHAZARS HAS TRULY BACKFIRED. I love it. lol It appears the Egyptian people are fed up with it all. That is not even global. The khazars and corporate shills are in for a serious ride. Its time for the MILITARY TO DO ITS JOB and defend the people against global non Egyptian interests.

Excerpts: "Large numbers of workers in Egypt’s main cities staged strikes and street demonstrations yesterday for higher wages, better working conditions, and the removal of corrupt managers of state-owned enterprise promoted under former President Hosni Mubarak. The movement of the working class is developing in defiance of the ruling military command, which has stridently demanded an end to all industrial action.

The junta, headed by Mubarak’s henchmen Field Marshal Mohammed Hussein Tantawi and Prime Minister Ahmed Shafiq, declared an unscheduled public holiday yesterday, apparently in an attempt to defuse the strike wave. The military also declared today a public holiday.

Workers across many industries nevertheless mobilised yesterday, in both the public and private sectors. One BBC journalist commented, “There appears to be a whole series of mini-revolutions going on in the wake of the removal of Mr. Mubarak”.

The Central Bank of Egypt ordered that banks throughout the country be closed because of a strike by workers in the National Bank of Egypt (NBE), the largest state bank. Hundreds of workers demonstrated outside NBE’s headquarters, reportedly demanding that temporary workers be granted permanent positions. “It’s part of the revolution,” the bank’s chairman, Tarek Amer, told the Associated Press. “They believe that it’s an opportunity—if they had any complaints and demands—and that there’s a higher probability of getting them answered.”

Thousands of oil and gas workers employed by several companies are on strike and staged a protest yesterday in the Nasr City district of Cairo, outside the Ministry of Petroleum. According to blogger Hossam el-Hamalawy: “The workers have several economic and political demands, including putting an end to abusive management practices such as sacking workers who speak up for their rights, reinstating the sacked workers, raising salaries that roughly average LE400 [$68], establishing an independent union, impeaching the corrupt oil minister Sameh Fahmy, and stopping gas exports to Israel.”

Also in Cairo, hundreds of public transport workers demanded higher wages outside the state television and radio building..."

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