Watch the full Keiser Report E247 on Thursday. In this episode, Max Keiser and co-host, Stacy Herbert, discuss the latest discoveries of blackholes in the financial universe and the populations growing permanently poorer as a result. In the second half of the show, Max talks to Dr. Yanis Varoufakis about financial horror, a currency from which you can’t escape and the Greek situation. KR on FB: www.facebook.com

www.peoplestandup.ca by Terrence MdKenna’s voice that this is from “DocZone,” a CBC.ca The credit crunch The global financial crisis (GFC) or global economic crisis is commonly believed to have begun in July 2007 with the credit crunch, when a loss of confidence by US investors in the value of sub-prime mortgages caused a liquidity crisis. This, in turn, resulted in the US Federal Bank injecting a large amount of capital into financial markets. By September 2008, the crisis had worsened as stock markets around the globe crashed and became highly volatile. Consumer confidence hit rock bottom as everyone tightened their belts in fear of what could lie ahead. The sub-prime crisis and housing bubble The housing market in the United States suffered greatly as many home owners who had taken out sub-prime loans found they were unable to meet their mortgage repayments. As the value of homes plummeted, the borrowers found themselves with negative equity. With a large number of borrowers defaulting on loans, banks were faced with a situation where the repossessed house and land was worth less on today’s market than the bank had loaned out originally. The banks had a liquidity crisis on their hands, and giving and obtaining loans became increasingly difficult as the fallout from the sub-prime lending bubble burst. This is commonly referred to as the credit crunch. Although the housing collapse in the United States is commonly referred to as the trigger for the global financial …

www.FT.com The FT’s US columnist Edward Luce says the Florida primary, while certainly a big win for Mitt Romney, does not indicate a victory in the Republican nomination for the US presidency. Also Romney has yet to win over the Tea Party, says Matt Kibbe of FreedomWorks. For more video content from the FT US Columnist Edward Luce, visit the Financial Times video section at: www.ft.com

In a world of Too Big To Fail giants, Florida-based firm sees opportunity as a Wall Street alternative. RJF Acquires Morgan Keegan: onforb.es More Paul Reilly: onforb.es Exile On Wall Street: blogs.forbes.com

EFM Mike Brown joins us on the NBC25 Today show to talk about some of the concerns for the city and from the public. We welcomed questions from our viewers on facebook

Senator Akaka, talks about his humble beginnings, learning the importance of saving and financial literacy, and his efforts to educate and protect American consumers. This video was created as part of YouTube Town Hall, answering the question “Given that 50% of Congress people are millionaires; do you represent the average American?”. To view the debate and choose the side, please visit www.YouTube.com

Find Top Financial Advisor in your Area for Free: Visit www.TheOnlineCFP.net to Find a “Wiser Advisor” Presented by Certified Financial Planner Kevin Wenke

Financial Rant: Making Pennies into Millions and Magic Bunnies to The Rescue: I am a Certified Financial Planner and author of goodfinancialcents.com. This video is part of my “Financial Rant” series where I try to make light of the fact that people have NO idea what it means to retire! Yes, I bribed my 4 year old with chocolate to help me film this video and I even borrowed his magic trick kit. I own a RIA firm here locally and meet with people every day that tell me they want to retire at age 50. Funny thing is, most of them, haven’t saved nearly enough! My passion is educating people about the world of personal finance, but do you know how many people want to watch boring talking head videos about finance? NO ONE! I am trying to teach my audience the importance of saving and if I have to throw in magic bunnies…then so be it!

After more than 1100 layoffs for the 2011-2012 school year, no additional layoffs are expected for 2013. But other school districts still have financial difficulties.

Kyle Bass doesn’t play the interviewers games:D