'On The Edge' With Max Keiser and Mike Morgan of GoldmanSachs666.com. Morgan is a real estate guru and housing and foreclosure consultant. Their discussion includes a story about a shady CRE deal involving Nancy Pelosi's nephew, Calpers and Morgan Stanley. Morgan sees pension devastation ahead for Calpers (and others), due to commercial real estate portfolios, balance-sheet bombs.
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Part 2. A pension collapse awaits us. Also some honest discussion of Paulson, TARP, Cuomo, JPMorgan and Obama.
This might be the best overall video of the three. Max doesn't disappoint in his delivery of the truth. Way too many topics to list. The U.S. dollar-based post WWII phantasmagorical world of never having to pay your debts is coming to a close.