Check Keiser Report website for more: http://www.maxkeiser.com/

In this episode of the Keiser Report, Max and Stacy discuss the run up in bitcoin prices and the runs on pension funds in Dallas, Texas. The two are related by predatory promises made by politicians and officials to various groups of voters throughout the years – usually tied to an election cycle. They also discuss how the biggest pension in the world, Calpers, is cutting benefits to some retirees by up to 60 percent.

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