Truth is Pornography. Irreverent Financial Truth

youtu.be/1VcN_Z6L0jM

This week Max Keiser and co-host, Stacy Herbert, report on the oil traders puking on markets and the gold confiscators eyeing Greece, Portugal, Spain and Italy. In the second half of the show, Max talks to former chief forex trader for VISA, Jon Matonis of TheMonetaryFuture.blogspot.com, about Bitcoin, the new peer-to-peer crypto-currency.

Today’s news links:

House Rejects Increase in Debt Ceiling

online.wsj.com/article/SB10001424052702304563104576357531475083742.html

USPS going bankrupt!

www.businessinsider.com/things-you-should-know-about-the-us-postal-service-before-it-goes-bankrupt-2011-5#

China To Do 2-3 TRILLION Yuan Bailout Of Indebted Local Governments.

www.businessinsider.com/china-to-bail-out-local-governments-2011-5#comment-4de58dd3ccd1d5a603070000

Food stamp usage hits fresh records!

maxkeiser.com/2011/05/31/virtually-worthless-u-s-fiat-dollars-are-being-replaced-in-circulation-with-food-stamps-and-zynga-dollars/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Maxkeisercom+%28maxkeiser.com%29

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The fact that those responsible for the recent economic crisis have not been held accountable is setting a very dangerous trend, believes investigative journalist Matt Taibbi, author and contributing editor to Rolling Stone magazine.

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Wake the fuck up!

The economy, protests in many countries, wars and for what?

We’re circling the drain.

I miss you George Carlin.