Interested in maladministration. Estd. 2005
 RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony
Joe Duffy is dishonest and untrustworthy Anthony
Robert Watt complaint: Time for decision by SIPO Anthony
RTE in breach of its own editorial principles Anthony
Waiting for SIPO Anthony Public Inquiry >>
Promoting Human Rights in IrelandHuman Rights in Ireland >>
Three Things about Islam Sun Aug 10, 2025 09:00 | James Alexander
With Islam only growing in relevance for the West, Professor James Alexander draws on Hegel, Belloc and Girard to offer some thoughts on what Islam is and its significance for Christian and post-Christian societies.
The post Three Things about Islam appeared first on The Daily Sceptic.
The Angry Outbursts of Climate Alarmists Show a Scientific Establishment in Crisis Sun Aug 10, 2025 07:00 | Ben Pile
Defenders of the climate 'consensus' have been getting angry in recent weeks, leading to embarrassing outbursts in the media. It's a sign of crisis in a scientific establishment that has banned dissent, says Ben Pile.
The post The Angry Outbursts of Climate Alarmists Show a Scientific Establishment in Crisis appeared first on The Daily Sceptic.
News Round-Up Sun Aug 10, 2025 00:01 | Will Jones
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.
Starmer?s ?Deterrent? Fails as 400 Cross Channel in First Two Days of Migrant Returns Deal with Fran... Sat Aug 09, 2025 15:00 | Will Jones
More than 400 small boat migrants have arrived in the first two days of Labour's returns deal with France, making a mockery of claims it would be a "new deterrent".
The post Starmer’s “Deterrent” Fails as 400 Cross Channel in First Two Days of Migrant Returns Deal with France appeared first on The Daily Sceptic.
Reclaiming the Beauty of the Spheres Sat Aug 09, 2025 13:00 | Dr David Bell
AI is a distraction from what it means to be truly human, says Dr David Bell. We should aim for far greater things, find again the vastness of the jewelled sky and the light that only shines in another's eye.
The post Reclaiming the Beauty of the Spheres appeared first on The Daily Sceptic. Lockdown Skeptics >>
Voltaire, international edition
Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en
Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en
Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en
Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en
The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en Voltaire Network >>
|
Max Keiser for AJE: Market Manipulation, Naked Short Selling and Hedge Funds
 international |
consumer issues |
other press
 Monday June 25, 2007 10:11 by MaxKeiser.com
"An Absolutely Amazing and Definitive Video Special"
"If you don't do anything else this month, you need to go watch this special on how rigged the so-called "free" markets are.
It's clear, concise, amusing in a wry, quirky way...and terribly sad, as it shows that it is simple to explain all this in a comprehensible manner, and yet it isn't by the supposedly fair US media. Commentator Max Keiser does a remarkable job in describing how completely ugly this is, and arrives at the same conclusion I did - playing in a rigged game is a fool's errand."
- Bob O'Brien's Sanity Check
Free markets are meant to be fair, but are they really?
The smallest investor in the stock market is meant to face the same odds as the richest, and that is what makes free markets free.
Free markets are also meant to provide all participants with the same information about stocks, bonds, and currencies - that way all the investors have an equal chance of making a profit.
The market also allows investors to pool their resources into mutual or hedge funds, so they can punch way above their weight.
Whereas mutual funds are weighted in favour of the small investor, and are highly regulated, hedge funds are far riskier products and are weighted in favour of wealthy people who are seen as sophisticated enough to take risks that ordinary investors cannot. They are hardly regulated at all - so that everybody comes out of the market a supposed winner.
In Max Keiser's "viewpoint" film for Al Jazeera English, he argues that hedge and mutual funds are manipulated to benefit brokers, bankers and the richest investors, to the detriment of those with less power and less money.
He explains his view that free markets are not in fact free or fair, but in fact rigged – he thinks that even governments have a finger in the free market pie.
Watch the film.
Part one: http://www.youtube.com/watch?v=8z66kmPRl5Y
Part two: http://www.youtube.com/watch?v=_3H6uEyR66M
Learn more at http://www.maxkeiser.com
|
printable version
Digg this
del.icio.us
Furl
Reddit
Technorati
Facebook
Gab
Twitter