“We are in a financial holocaust”, radical journalist Max Keiser says in Parliament

The economic crisis has led to a “financial holocaust” which will lead to millions of deaths, said Max Keiser, the outspoken activist and financial presenter for the Russia Today television channel.

On invitation from Respect MP George Galloway to deliver an address on “the coming currency collapse” on Tuesday night in Parliament’s Westminster Hall, Keiser spoke of inviting HBOS whistle-blower and former head of risk Paul Moore onto his show.

“Over 100 million people have been thrust back into the poverty. That had its nexus in the City of London.

“We decided and Paul agreed that this is nothing less than a financial holocaust. Millions are dying, millions are set to die.

“People are committing suicide all for the sake of some banker bonuses to protect what David Cameron considers to be the jewel of the UK economy.”

Keiser was invited by Galloway, who welcomed him as a “legend”, and is notorious for his radical views.

George Galloway and Max Keiser

In an appearance last year on Channel 4’s “10 o’ clock live”, he was applauded by the audience in calling for bankers to be hung.

Keiser, billed as “America’s most outrageous political pundit”, accused the Bank of England in his speech in Westminster Hall of being “in collusion with the Treasury in trying to hide a $40 billion black hole of debt” that was part of a “$37 billion stolen by [Chancellor George] Osborne from pensioners in a smash-and-grab”.

He went on to suggest that David Cameron, in defending the banks in speeches, wanted to defend “fraud, larceny, market rigging, scandals and his re-election coffers”.

Readers' comments (6)

  • Max is a legend and has been so right over the last 2 years or so that I have listened to him and Stacy Herbert.

    We will all now have no excuse for saying "What happened" when the proverbial hits the fan next year.

    Also watch what happens when Gold becomes Tier 1 capital for the Banks in early 2013 when Basel III has had it's say on behalf of the Banks.

    Make sure you have 5% to 20% of your Assets in Gold NOW is a must for all with the funds to do so.

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  • Is Max trying to undo his credibility by sitting next to George Galloway?

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  • "Millions"? How on earth does he say that? Keiser is mad!

    Why did Galloway invite him?!

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  • @David Farling

    http://www.un.org/apps/news/story.asp?NewsID=30070#.ULDbRIYfkhU

    "The report highlighted the prospect of an increase of between 200,000 and 400,000 in infant mortality and that child malnutrition, already rising, will be one of the main drivers of higher child death rates."

    That's just child mortality.

    You are ignorant and should do some reading before you spout you're ill informed opinions.

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  • @davidFarling

    Max said it and will be right and sad to say as yet the populace do not know what is going on.

    Being prescient is one of Max's great skills as is picking his team and his guests.

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  • What most people dont understand is that Max has a sense of Humor, but to Brand his views as Radical shows the ignorance of thiose without any knowledge or the ability to understand Trend forecasting. Max and Stacey get lots of very clever people on their show, from Trends forcastors to econimic professors. The information which is supplied to them is based on facts.

    So lets see what he said, David Cameron defending banks in speeches for:


    Fraud. HSBC drugs, bank PPI,
    Larceny. Wrongful aqusition of property
    Market Rigging. LIBOR
    Scandals. Mf global and JP morgan. HSBC, goldman Sachs
    Re-election when a Government needs to answer to a corporation to ensure
    Its payday is intact for campaign donations you,ve entered fascism, the merger of state And corporation. These are not radical views, these are facts. George Galloway is not the best person to be seen hanging about with though, especially after that cat episode on Big Brother

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