Reply #12: Every single reserve bank in the world is independent of their governmnet

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- its just that Americans take this to mean private.

All reserve banks absolutely have to be independent of the government to avoid governments using them as their personal piggy bank.

Its not a friggen conspiracy - its a logical rational concept.


Thanks MAX for your bullshit - yes the Greeks borrowed money from international financial institutions, yes the bailout helped those same banks - thats what a bailout is. it helped meet the greek debt obligation to those banks - not rocket science people - its just been framed in a conspiratorial way.

Imagine if your parents bailed you out on your home loan by making some of your monthly payments, but instead of giving you the money to spend on another night at the club, gave it straight to the bank - and MAX came on and said oh my god its a conspiracy.

The fact of the matter is Greece has been recalcitrant for a long, long, long time.

They are completely incapable of collecting taxes - and have lived directly off charity from the rest of Europe - they should have been bankrupted entirely.

The greeks have a full pension for life after 20 years of work - thats right, 2o years. They can also retire at 52. Most middle aged greeks have a full pension and work full time and pay no tax. So when they BITCH about only earning $600 a week (thats Euros - $900 US or $46,000 per annum in a country where food costs nothing), remember thats only half their income. So these people are BITCHING because they are having their incomes cut from 100k - 90k, pay no tax and are making molotov cocktails because they feel that having to actually work for this and pay for this is completely unfair.

Seriously the global financial disaster is a goldman sachs conspiracy yes, their are banking cromes being committed, iceland and ireland are examples of this GREECE IS ABSOLUTELY NOT AN EXAMPLE OF THIS and it makes MAX look stupid for trying to do this. It puts max keiser squarely in the basket with lunatics like infowars.