Transcribed by Jeff Fenske

“Libya is experiencing what many people in America and around the world are experiencing: financial rape by bankers.”

“What Wall Street is telling Washington and the American people: ‘either you raise the debt ceiling or we’re going to crash the stock market’ — because they use weapons of mass financial destruction.

So they use markets as a weapon. And this is what they’re telling the American people right now: ‘give us more debt so we can finance more speculative bets. We can go into more foreign countries. We can load up more countries in debt.’ And of course, that will force those countries to put their folks into austerity, like we’re seeing in Greece.

Again, Lloyd Blankfein, CEO of Goldman Sachs and John Paulson, hedge fund manager were in Greece two years before the recent austerity measures plotting the take down of Greece and the carve up of those assets.”

– Max Keiser

[youtube=http://www.youtube.com/watch?v=YUkNnQE-9B4]Gaddafi’s Stolen Billions: Max Keiser Explains ‘Financial Terrorism’

Uploaded by on Jun 3, 2011

International bankers have reportedly wasted billions of dollars invested by Libyan leader Colonel Gaddafi. The Financial Times says giants like Goldman Sachs were dealing with the dictator’s investments when it needed to plug a hole during the economic crisis. Most of the money has been lost, but with what’s going on in Libya any repayment seems unlikely.

Related:

Max Keiser: How banksters intentionally set up Greece for financial collapse so they could buy up Greece’s infrastructure for pennys on the dollar — just like they are doing to U.S.!