Stacy Summary: Calpers not only operated as the Last Ponzi for their clients, they also engaged in loads of socially irresponsible lending . . . despite their frequent statements otherwise.
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Posted in Max Keiser Video
Tagged bad investments, calpers, max keiser, pensions, stacy herbert, tweetcast
Posted in Headlines
Tagged bankers, calpers, comex, costa rica, deutsche, ecb, ecb gold sale, french revolution, gordon brown, hyperinflation, job losses, malaysia, max keiser, new world order, passive investors, pension funds, phillipines, populist rage, printing money, quantitative easing, recession, royal bank of scotland, sir fred goodwin, tax havens, uruguay, weimar
Stacy Summary: As the tide goes further and further out we are seeing that the financial oligarchs are basically wearing the taxpayers’ bathing suits, leaving us naked and exposed. Probably explains our shocked collective embarrassed silence as more and more and more and more money gets handed calmly to the oligarchs.
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