Along with exposing widespread international
surveillance, Edward Snowden has revealed
how exactly the US is financing its military
ambitions, according to Max Keiser, who
"What's interesting is that Edward Snowden
worked for Booz Allen. Booz Allen allegedly
along with a few other companies are the
masterminds behind LIBOR market rigging,
energy market rigging, FOREX market rigging.
And this is really the fuel that keeps the
American military empire going, because the
American economy, itself cannot support its
military ambitions, so they've resorted to market
manipulation and the kind of intelligence that
Edward Snowden is able to aggregate is key to
manipulating markets in ways that make Booz Allen,
allegedly, the channel for billions and billions of
dollars into America's military campaigns.
"And this is really about money, markets and
manipulations. It's not about security. It's not
to do with anything that the White House says.
Remember, the White House is a puppet of
Wall Street, Booz Allen, the hedge funds and
the financial interests of the corrupt bankers."
So, then how do some of those big companies
like Google, or Facebook actually benefit from
the PRISM surveillance program? Is there a
financial gain from them?
"Absolutely, because all of the manipulation
involves rigging the indexes. And the indexes
are all data-sensitive. So, if you can manipulate
the data, you can manipulate the indexes and
you manipulate the markets. And if you have
advanced knowledge of that inside information
you can make billions of dollars of front-running,
high-frequency trading, algorithmic trading. And,
of course, all the banks on the Wall Street are in
on this and all the banks in the UK.
"It's very telling that the foreign minister of
Ecuador said that, 'Look, you're talking about
us extraditing Edward Snowden, what about
bringing back those bankers we asked you to
bring back to Ecuador who we caught rigging
and terrorizing our market?' What about the
Icelandic bankers that have been asked by
the government of Iceland to be extradited
back to Iceland that are being held in the UK?
What about these other instances where
banking terrorists are being sheltered in
the US and the UK? They're not responding
to extradition agreements. So this is all about
financial legerdemain. Unfortunately, Americans
don't have enough money to fight their wars
anymore so they have to resort to snooping,
data-gathering, and market manipulation."
Will we see financial fallout between China and
"Well, China has got a fantastic card to play,
one trillion US dollars that they can dump on
the market anytime and jack interest rates up
five or six points, which would throw the real
estate market back into collapse. China is pulling
the strings here and China has all the cards to
play. America is the biggest debtor nation in the
world. Look at the bond market today (June 25),
it's selling off spectacularly all over the world
because confidence in the American hologram
of finance is collapsing.
"They flipped the switch. They see that the
emperor has no clothes. They see that there's no
underlying economic activity to support the military
and financial occupations emanating from the US.
It's game over!"
Video (4:42 mins):
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