Keiser Report: Shareholders Getting Leftovers (E1067)

[Este episodio en Español] Loot or be looted! That’s the moto of post liberal-capitalism – so far the fastest known way to the destruction of the planet. Does really Sauron rules in Washington? And how a Pact with the Devil looks in reality…

In this episode of the Keiser Report, Max and Stacy discuss shareholders getting leftovers and mortgage lenders collapsing. But this time, second half has an addition. Max interviews Paul Craig Roberts, chairman of The Institute for Political Economy and Assistant Treasury Secretary under Ronald Reagan, about the failures of capitalism to account for externalized costs. As an insider, Dr. Roberts has an insight because of you would want to read his article:

Sauron Rules in Washington

Dr. Roberts has held academic appointments at Virginia Tech, Tulane University, University of New Mexico, Stanford University where he was Senior Research Fellow in the Hoover Institution, George Mason University where he had a joint appointment as professor of economics and professor of business administration, and Georgetown University where he held the William E. Simon Chair in Political Economy in the Center for Strategic and International Studies.

President Reagan appointed Dr. Roberts Assistant Secretary of the Treasury for Economic Policy and he was confirmed in office by the U.S. Senate. From 1975 to 1978, Dr. Roberts served on the congressional staff where he drafted the Kemp-Roth bill and played a leading role in developing bipartisan support for a supply-side economic policy. After leaving the Treasury, he served as a consultant to the U.S. Department of Defense and the U.S. Department of Commerce.

Dr. Roberts was awarded the Treasury Department’s Meritorious Service Award for “his outstanding contributions to the formulation of United States economic policy.”

In 1987 the French government recognized him as “the artisan of a renewal in economic science and policy after half a century of state interventionism” and inducted him into the Legion of Honor.

Earlier episodes of Keiser Report:

[e1066] All Talk, No Action (ft. Mark O’Byrne)
[e1065] Post-Brexit World (ft. Alasdair Macleod)
[e1064] America-China Financial Wars (ft. Alasdair Macleod)
[e1063] Fed Balancing Sheet (ft. Dan Collins)
[e1062] Silicon Valley Destruction (ft. Dan Collins)
[e1061] End of Easy Money? (ft. Mike Maloney)
[e1060] Russian Connection (ft. Reggie Middleton)
[e1059] High Rent Blight (ft. Roy Sebag)
[e1058] Horrible Advice for Generation X (ft. Christopher Whalen)
[e1057] Hashtag KushnerAtWar (ft. Tyson Slocum)
[e1056] What is Wrong with America? (ft. Lee Camp)
[e1055] 'Powerful KeiserPepe' (ft. Tyson Slocum)
[e1054] Killing Web Privacy for Measly $1M (ft. Jaromil)
[e1053] Go Viral or Die Trying (ft. Jaromil)
[e1052] Pension Crisis (ft. Dr. Bob Gill)
[e1051] Lethal Economic Shocks (ft. Prof. John Mill Ackerman)
[e1050] ‘The New Detroit’ (ft. Prof. John Mill Ackerman)
[e1049] Trail of ‘American carnage’
[e1048] Heading for Global War (ft. JP Sottile)
[e1047] Health Care Hard Choices (ft. Gerald Celente)
[e1046] Economic Populism (ft. Mish Shedlock)
[e1045] Jon Corzine’s Big, Bad Bond Bet (ft. Charles Hugh Smith)
[e1044] Bloodletting Among Retailers (ft. Wolf Richter)
[e1043] Rise of the Machines (ft. Wolf Richter)
[e1042] Neoliberalism is Junk (ft. Prof. Steve Keen)
[e1041] Big Money in Space Junk (ft. Tim Pool)
[e1040] Cognitive Dissonance in US Stock Markets (ft. Dr. Chris Martenson)
[e1039] Financial Toxicity in the US (ft. Dr. Chris Martenson)
[e1038] Breakdown in Liberal Ideology (ft. Michael Krieger)
[e1037] Greek Final Reckoning (ft. Tim Shorrock)
[e1036] China-US Trade War (ft. Dan Collins)
[e1035] Ingredients for a New Global Crisis (ft. Nomi Prins)
[e1034] Trump Implosion That Wasn’t (ft. Nomi Prins)
[e1033] Trump’s First Hundred Hours (ft. Dr. Michael Hudson)
[e1032] Financial illusionism, crocodiles feasting (ft. Trond Andresen)


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