Right! Or the banks are again putting money on the stock market. They've got the new, freshly printed money that isn't affected by inflation yet because they are they first ones to get it - they're trying to make marginal gains any way they can - using computer models to stay ahead of the tidal wave!
Another great edition of the Charlie show. Now THIS is reality TV, folks. A real person saying things that are true. Crazy Town indeed! Very novel idea.
Great comments on this video, full of information and perspective.
You are spot on. They are trying to get every last dallars from the people. And lots of people are buying into it .A sad time in America when people can't think for them self
There seems to be a believe out there that confidence can be manipulated by hype. All the hype in the world won't change the fact that people are still being layed off. Bailing out corporations does not result in "trickle down economics" but they are still treating it like it will. Until the average american feels safe in their job or have a job there will be no change and only get worse.
We have a government of, by, and for WALL STREET. The American people elected these incompetent liars and now we're all gonna pay a very heavy price for doing so. We should be voting for CHARACTER, instead we vote for professional liar politicians who have no intention of working for the US taxpayers. Their sole job is to TAX US to death and give the money to the CRIMINAL BANKERS. The US Government is now facing total collapse. The only remaining question is; what will rise from the ashes?
Well as a MinuteMan I can tell you this. What rises from the ashes is what was here before if everyone gets involved. We in the militia do not want a revolution we look for a renasaunse or a rebirth of liberty. We aren't fighting a revolution we are going to defend the rebirth.
This is exactly what happened before: during The Great Depression.
Stocks went up and down; with the economy and financial system crashing, there is only one way for it to go.
This happened in 1929, hit in 1931, and happened before that in 1907 and in the 1800's. The United States is a fraud; it's continually referred to as "the corporation". This bank thing has been going on since the very beginning, consolidation.
The stock market of the 1930's fluctuated wildly, just like in 2009.
I loved the Jeremiah Wright crack! And you're absolutely right. Sometimes I feel like I'm living in a dream, but people like you and myself are the only ones aware that it's a dream. Everyone else thinks its reality and we're desperately trying to wake ourselves and everyone else up from this dream but we can't. It's enfuriating, but I love these vids brother. Great job!
This is a suckers' rally. The value of the U.S. dollar will go up for a little while and the price of gold will go down. Insiders will use this opportunity to move out of U.S. dollars.
last great acts of desperation in progress. isn't it fascinating, tho'? all gov't efforts are a beautiful failure. i can't wait to see all this just finally go boink and be done with it. yikes! (Thanks Charlie...nice shirt...)
It is frustrating to that our government has absolutely no concern over the American Public. Main Street is nothing more than a fictional place to any of them. It is interesting to watch the earnings reports and watch Sears lose prfits each quarter and watch Hormel go up. People are buying spam and making those on WalStreet richer. Go figure. Who are we though!!
People with a brain and the facts know the system will collapse. The question is how hard they can kick this can down the road. They are using freshly printed dollars to manage as many things in the economy as possible. Fact: there is no such thing as a jobless recovery under the current system. Not when the system is based on 70% consumer activity. The question really is when. I feel Commercial will push us over the edge. That collapse is happening now. Hold onto your shorts.
after the 1929 crash we had a major rally. then six months later we had the second half and worst part of the crash.remeber history does not repeat but rhyme.conservatives will say that wall st got us out the recession, liberals will say Obomber saved the economy. both of them are wrong.the fundamentals are a mess.they will just print more money to give to the fdic.we r broke. we are 65 trillion in the hole. all i know is that this fall and winter we will see big things happen.
Awakened...were 100 TRILLION in the hole. Read Fed Chief Richard Fishers speech to the Common Wealth Club of California om May 28th of 2008. He breaks down how much we owe. This of course doesn't include the bailouts etc.
if thats the case we r screwed. we can never pay off this debt. im 18. so that means my brother and i will have to pay it, my children, my grand childre, my great grand children, my great great grand children, and my great great great grand children. this is why i hate the repubs and dems. they keep borrowing for wars and "national health care" i think when things get bad we will see violent revolution not the peaceful one we all hoped for. the govt keep pushing us, we will push back hard.
Okay, I"m new at the stock market, gold and silvr or maybe not but do you think it is a good time to get into it? Regardless of what is have been doing?
Yeah. Because, ever since I was 16 years old I have been into it and want to get into it, plus gold and silver but never have the money to do so but now I do. I know there is like no recovery at all and other stuff been happening. Is it a good idea to get into the stock market? I know it is a good a good idea now to get into gold and silver.
When you buy a stock someone else is selling it to you so there will be no net change in the money markets. It is a load of crap that the CNBC pumpers say that there is all this money on the sidelines waiting to be put in the market. You are just trading one worthless piece of paper for another.
Consider what multibillionaire banker David Rockefeller wrote in his 2002
memoirs:
"Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure -- one world, if you will. If that's the charge, I stand guilty, and I am proud of it."
Larry Flynt of all people has an excellent article on Huff Post called Common Sense 2009. You can also read it on the homepage of GoldmanSachs666(DOT)com. Here's an excerpt:
Not to fear the FDIC can tap $500 billion from the US Treasury.And can borrow $100 billion absent any approval from government, Which they have already have done and is getting close to zero. M$M doing a great job hiding this little fact.
Did you notice that they changed the definition of a Level 6 pandemic? It used to mean that there was high mortality and now it means that it is highly transmittable.
Denninger wrote an excellent blog about swine flu's potential effects on the economy. It is on his Market Ticker blog.
If I remember correctly.... the FED put 23 Trillion into the stock market..... it provided 2.3 Trillion to the banks and the banks leverage up 10 times turning it into 23 Trillion.
That seems pretty likely to be our current scenario. So, how much is left by now since the markets have been massively leveraged up? Oh, and no criticism, but technically the banks are allowed to leverage 9 times producing $20.7T in new electronic fiat + the original $2.3T of electronic fiat from the FED gives $23T of electronic fiat to buy electronic notes issued by corporations....
Our bailout money is being invested instead of paying off the toxic assets which they told us they were going to do--though 80% of America was against that even!! The toxic assets still exist and we are going to have to face that sooner or later, and you know what that means....
you knocked it out of the park on that one--especially the last quote from JW! Call it ponzi or house of cards---it can't stay up on hype forever. Fed is the man behind the curtain....and we can see his bare bottom!
Charlie ...if someone suggested that you run for office...how would you answer?
There are many on YT that deserve recognition for leadership qualities and have earned the trust needed to know that, in-office, this person is not corrupt.
I'm pressuring my Reps. to co-sponsor S604 and HR1207, my house Rep already co sponsored 1207 (amazed me), however neither of my senators (NY) have co sponsored 604.
My neighbor had a decent truck (PAID IN FULL), he traded his truck in during the cash for clunkers scheme~now his new truck put him $30,000 in debt even with the clunker money.
On the DOW-(I know very little about stock market), imo, the smart money is dumping and the dummies are buying~all part of the scheme.
If anyone wants to see if their Representatives have co sponsored S604 and HR1207 go to CampaignforLiberty website, there is a page where you can see if your Reps are on board : campaignforliberty(DOT)com/campaigns/1207cosponsors(DOT)php
Charlie, one of the best videos you ever made. You have the gift of speech and it is a pleasure to listen to you when you deliver the unshakeable truths. The stock markets are heavily manipulated over the entire planet - the Swedish stock exchange passed the 900 index yesterday, and immediately the press shouted: "The bottom is reached", "The recession is over", "now we can see the light at the end of the tunnel". But our export has plunged 70 %... The world has gone absolutely mad - everywhere!
NCYT, that last statement says it all. The Chinese will not finance our out-of-control spending forever. When they stop, the result will be crash of the dollar and massive inflation.
Its a complement to how popular Charlie's videos are and how many comments he gets. If there were less than 10 comments nobody would bother. Its only a bit of fun. If we want a new and better society, Libertarianism is the way so lets be a bit more tolerate. Ok?
Brillant video! THe FDIC releases its quarterly report. It will be a real horrorshow. Its broke. Now if it has to go to treasury there could be a bank run which could self energise. This is something that needs to be monitored closely.
Right on point! What a cliff we are headed towards! The car is speeding up. I really think that there will eventually be a debt jubilee when stupid leaders see how they have backed themselves into a situation of total implosion. Ironically, that last act to finally rescue the enslaved consumer will be what really destroys everything...
In Ontario, Canada, there is an automatic vehicle seizure at roadside (great for towing companies!) + max. $10k CDN fine + max. 30 days license suspension for being clocked by any police force in the province for exceeding 50km/h on a public road. Some of the larger incidents (like 232km/h on the DVP clocked near 14th line in Vaughan & caught just south of Hwy 401 in March'09) render vehicle seizure + $2k fine + 7 days license suspension... stunt driving law just fyi
Furthermore, our presidents speak with a teleprompter. So, why doesn't anyone ask who is really writing these speeches. Who really runs the show? Presidents can't come up with their own material then they are phony as well. This system is stupid and people just keep buying the nonsense. I just touched on only two of the million things that are completely stupid in our system.
Yes. Great video. There are some very corrupt things going on out there. I keep telling people not to trust the media, because I guarantee that they are in this for themselves and they are going to continue to do whatever keeps profits going where elites want them going and to brainwash people who don't know any better. I mean, seriously....how can you trust people who talk with a script and wear make-up? People here on youtube speak from the heart...that's where it is.
Japanese car makers are doing well out of the 'cash for clunkers'. Which is no good as thats a trade deficit.
A real stimulus package should be:
Go to an engineering company and give them for 'FREE' expensive CNC machines and tooling. You'll get your tax payers money ten fold from taxing thier profits years down the line.
think long term, they might prop-up the system fo twenty mor years but one thing is for sure. You are screwed if you trust the federal reserve notes in your pocket.
You are 100 percent right....except the fact is the "game" is rigged. If you have cash,cds,moneymarkets,savings you will lose value and at the same time make the banks TONS of profits! We are rewarding the banks with our hard earned money that they then control Governments with...If we gamble our money on Wall Street they get it because Goldman Sachs owns our politicians. We can vote with our money by actively trading stocks or depositing money in small community banks. Avoid the BIG ones!
Bernanke pumping up the market to fake growth. That's CRAZY, but damnit. It's most likely true. You do really good vids, but this one is going up on NationalResistance dot shameless plug.
This was one of your best Charlie. You pretty much summed up the whole thing. Nothing is happening without government spending, and the Fed is propping up wall street and the bond market through the back door.
scary thing is that as you said, there is tons of money still in money market accounts meaning that there is a lot of money on the sidelines waiting to go into the market. You can attach a judgement to it saying its bad or its good, but the truth of the matter is that we'll probably be seeing more upside in the stock markets. So I'm bullish for the wrong reasons
When buyers purchase a stock , the dollars that buyers bring into the market are immediately taken out of the market in the hands of the sellers.
The stock market is not an air balloon into which money goes in or out and expands or contracts that balloon. Prices are not driven by the amount of money that buyers put in or sellers take out (as those dollar amounts are always identical).
Prices/value are determined by the relative eagerness of the buyers versus the sellers.
two negative stars?? wtf? I'm stating an opinion and reasons why I think the market will go higher. Listen if you are an investor, are you going to stay on the sidelines earning basically 0% interest in a money market fund while the market has rocketed 50% in 6 months or are you going to get a piece of the action. This is NOT a statement of the economy. Give me a reason why this is not true.
Enjoy your vids Charlie and as far as I'm concerned, Helena Mt is heaven on Earth
Now you all read my profile. You might get a laugh out of it. Only statist left wing government weenies will be offended, because i have pointed out what they really are.
The IRS has admonished Switzerland for its "tax have status".Yet the Fed and Treasury are swanning around the Caymans,another "tax haven"on steroids,doing what?May I suggest that the powerful arm of the IRS reach inside Caymans and find out.Along with Jeremiah I shall not be enumerating as to when this chicken comes home!
Just go to the huffington post right now and read the comments regarding the 9 trillion deficit being sold over the next 10 years as an estimate.
Any comment asking to look into the fed or asking for any other type of truth is met with derogatory comments with "WRONG PAUL" language.
I find it ironic. Big government bloggers don't want the government to coin money, but private bankers. I thought this is something we could ally with the left on.
The hard left refuse to accept belive that a minority can not drive the ship. All obstacles are ridiculed. The map says: "Only heroes return, here there be dragons"
msnbc and others twist language and ideas to stupefy.. example
investors run to dollar for safety
investors felt appetite for more risk and went to gold
such bullcrap. nothing has more intrinsic value than gold. the dollar is merely a paper promise , often broken. yet they turn the phrase to fool the public. gold and siver have been real money for centuries.
housing isnt improving, I sure as hell haven't seen people moving into homes that are for sale. Infact when I do my evening runs through the neighborhood, I've noticed more homes that are empty. Maybe another year of this and people will finally stop swallowing the bullshit these yahoos feed us.
Good job portraying the reality of the average person in the USA. favorites again in hopes more awaken. Thank you for not giving up. I still say best to bring this to an end on OUR terms by acting before they do. Revolt by NOT BUYING
anything you dont really need. Plus what ever money you have be sure its in your hands , not the banks. Realize the banks are the enemy and politicians their handmaiden. non violent protest of NOT GOING to WORK. Whats the use having a job as the country closes do
3 more banks failed today...FDIC reports their financial numbers this month on the 25th...75 banks have failed this year...how much money has the FDIC dished out in depositary insurance for these failed banks...commercial real estate is the next crash
Oh, you missed a nice COB piece of info from the administration today: The 10yr budget projection now has a $9T defict, a +$2T uptick from the Mar projection. That's an average of $900B deficit every year for 10yrs. I'm sure that's optimistic too.....yeah, we're screwed. Implosion guarrenteed.
Charlie, believe this...... as doom and gloom your commentary may be, I always look forward to your views. I share much of the same and it is as if you are speaking through me...... uncanny
This country is run as if our "Mom and Dad" were always off playing poker with the neighbors and we "kids" learned to grow up in a diluted self indulgence and no knowledge of right from wrong.
Fortunately some of us grew up with values and intellect ......
I don't understand something. Ok people are buying. Are we supposed to be surprised?, I mean, the overwhelming majority of the American society is cattle right?
Sectors with improvement: guns and ammo, survival gear and supplies, precious metal dealers, auction services, and personal protection/security equipment/gear. Perhaps that isn't exactly the list the govt is looking, but business is booming in those areas.
I think the Big D word has been with us for awhile now. But it took them a long time to be able to say the Big R word, so I imagine they'll cling to it for as long as possible before *admitting* we REALLY ARE in a depression.
No Jobs, more taxes, Rigged stock Market, retail sales plummeting, People running out of Un-employment, Swine flu pandemic soon, Weak dollar, China dumping U.S. debt, blocking H.R. 1207, Unending unconstitutional wars, corrupt two party system, Threats of martial law and false flag events, Soc Sec.-FDIC-Medi-care-Medi-Caid all insolvent, Pensions and 401k;s soon to implode, Another Stimulus plan in the works.
So true Charlie,so sad too. I live in a condo where I've been the custodian for twenty three years. I have never seen this many foreclosures here. Out of the fourty eight units there are five in foreclosure and also many of the residents here are behind on their assesment fee's. I sometimes wait for three plus weeks for a two week check because of the lack of funds. There's green shoots alright,but I think its just mold growing! I Sure are some dark clouds looming brother. best regards. jimmy
We have 700 condo units in our development. 246 of them are no longer paying their association fees and many of those have been foreclosed on or are in the process. Our association is upside down over $1.1M now.
The worst part is that the banks who took back the units are not keeping the power on and mold is growing.
I totally agree with you. What will it take for the American people to wake up and see we are not being represented. If we elected these people and they represent us, and lets say 60% of the people are against the bill, then the representitive should vote NO! But that is not what they are doing. OK, we are going to vote you out. But unfortunatey they keep getting re-elected. How dumb can we be. How long can the government keep propping up the numbers we are seeing?The collapse is coming.
housing prices here have held their inflated value until now...and boy ...prices are dropping like crazy....prices have dropped by 1/3 in the last couple of weeks...seriously...i tried buying several forclosures held by local banks over the last year...the banks wouldnt budge ...now all of a sudden they have slashed prices like the place is on fire
the dow is meaningless..half the stocks that were on the dow have been bailed out and the others have been removed from the average and replaced by other stocks..its not the same dow from a year ago
In today's paper, it is reporting that GM stocks are STILL being bought up even though everyone has been told / warned they will be basically worthless in a few months. I simply do not understand the stock market. To me, it makes no rhyme or reason. It's gotta be rigged. I'll never take part in it again, that's for sure.
Right! Or the banks are again putting money on the stock market. They've got the new, freshly printed money that isn't affected by inflation yet because they are they first ones to get it - they're trying to make marginal gains any way they can - using computer models to stay ahead of the tidal wave!
redmolotail 2 years ago
Great info! I suggest everyone do something about this...spread the words!
bc5620 2 years ago
Another great edition of the Charlie show. Now THIS is reality TV, folks. A real person saying things that are true. Crazy Town indeed! Very novel idea.
Great comments on this video, full of information and perspective.
drutter 2 years ago
You are spot on. They are trying to get every last dallars from the people. And lots of people are buying into it .A sad time in America when people can't think for them self
richard11593 2 years ago
There seems to be a believe out there that confidence can be manipulated by hype. All the hype in the world won't change the fact that people are still being layed off. Bailing out corporations does not result in "trickle down economics" but they are still treating it like it will. Until the average american feels safe in their job or have a job there will be no change and only get worse.
NotACrookProductions 2 years ago
We have a government of, by, and for WALL STREET. The American people elected these incompetent liars and now we're all gonna pay a very heavy price for doing so. We should be voting for CHARACTER, instead we vote for professional liar politicians who have no intention of working for the US taxpayers. Their sole job is to TAX US to death and give the money to the CRIMINAL BANKERS. The US Government is now facing total collapse. The only remaining question is; what will rise from the ashes?
SCLARK2112 2 years ago
Well as a MinuteMan I can tell you this. What rises from the ashes is what was here before if everyone gets involved. We in the militia do not want a revolution we look for a renasaunse or a rebirth of liberty. We aren't fighting a revolution we are going to defend the rebirth.
Edgrot 2 years ago 3
you said "...don't be fooled..." Otherwise do you have any other solutions or recommendations?
LysSpooner 2 years ago
This is exactly what happened before: during The Great Depression.
Stocks went up and down; with the economy and financial system crashing, there is only one way for it to go.
This happened in 1929, hit in 1931, and happened before that in 1907 and in the 1800's. The United States is a fraud; it's continually referred to as "the corporation". This bank thing has been going on since the very beginning, consolidation.
The stock market of the 1930's fluctuated wildly, just like in 2009.
MarkBH70 2 years ago
I loved the Jeremiah Wright crack! And you're absolutely right. Sometimes I feel like I'm living in a dream, but people like you and myself are the only ones aware that it's a dream. Everyone else thinks its reality and we're desperately trying to wake ourselves and everyone else up from this dream but we can't. It's enfuriating, but I love these vids brother. Great job!
veritasfiles 2 years ago 2
This is a suckers' rally. The value of the U.S. dollar will go up for a little while and the price of gold will go down. Insiders will use this opportunity to move out of U.S. dollars.
kswatcher 2 years ago 3
Charlie...I hope that the chickens get slaughtered when they come home...it may be the only thing some folks have to eat. LOL
Buckhead1959 2 years ago
last great acts of desperation in progress. isn't it fascinating, tho'? all gov't efforts are a beautiful failure. i can't wait to see all this just finally go boink and be done with it. yikes! (Thanks Charlie...nice shirt...)
dgmoocher 2 years ago
It is frustrating to that our government has absolutely no concern over the American Public. Main Street is nothing more than a fictional place to any of them. It is interesting to watch the earnings reports and watch Sears lose prfits each quarter and watch Hormel go up. People are buying spam and making those on WalStreet richer. Go figure. Who are we though!!
lldcadc 2 years ago
People with a brain and the facts know the system will collapse. The question is how hard they can kick this can down the road. They are using freshly printed dollars to manage as many things in the economy as possible. Fact: there is no such thing as a jobless recovery under the current system. Not when the system is based on 70% consumer activity. The question really is when. I feel Commercial will push us over the edge. That collapse is happening now. Hold onto your shorts.
Bassmarko 2 years ago 2
after the 1929 crash we had a major rally. then six months later we had the second half and worst part of the crash.remeber history does not repeat but rhyme.conservatives will say that wall st got us out the recession, liberals will say Obomber saved the economy. both of them are wrong.the fundamentals are a mess.they will just print more money to give to the fdic.we r broke. we are 65 trillion in the hole. all i know is that this fall and winter we will see big things happen.
awakenedblckteen1991 2 years ago
Awakened...were 100 TRILLION in the hole. Read Fed Chief Richard Fishers speech to the Common Wealth Club of California om May 28th of 2008. He breaks down how much we owe. This of course doesn't include the bailouts etc.
Buckhead1959 2 years ago
if thats the case we r screwed. we can never pay off this debt. im 18. so that means my brother and i will have to pay it, my children, my grand childre, my great grand children, my great great grand children, and my great great great grand children. this is why i hate the repubs and dems. they keep borrowing for wars and "national health care" i think when things get bad we will see violent revolution not the peaceful one we all hoped for. the govt keep pushing us, we will push back hard.
awakenedblckteen1991 2 years ago 3
That shirt is slick.
WJValente 2 years ago
thanks wj
crabbydogtrix 2 years ago
That was my 2 Trillion Charlie. Mostly from collecting bottles and cans.
jocknomore 2 years ago
you were busy
crabbydogtrix 2 years ago
Okay, I"m new at the stock market, gold and silvr or maybe not but do you think it is a good time to get into it? Regardless of what is have been doing?
GalaxySmith18 2 years ago
to get into the stock market?
crabbydogtrix 2 years ago
Yeah. Because, ever since I was 16 years old I have been into it and want to get into it, plus gold and silver but never have the money to do so but now I do. I know there is like no recovery at all and other stuff been happening. Is it a good idea to get into the stock market? I know it is a good a good idea now to get into gold and silver.
GalaxySmith18 2 years ago
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bnash2002 2 years ago
When you buy a stock someone else is selling it to you so there will be no net change in the money markets. It is a load of crap that the CNBC pumpers say that there is all this money on the sidelines waiting to be put in the market. You are just trading one worthless piece of paper for another.
andersjmyt 2 years ago
amen
crabbydogtrix 2 years ago
Why has Ron Paul not informed the nation that the Fed is currently being audited by the IMF and World Bank?
watch?v=LQWfknbYq1Q
Other economies audited by the IMF/WB crashed soon after, like Jamaica and the Dominican Republic!
Was Indonesia audited?
watch?v=8firb73r67g
Why is Ron Paul silent about this???
notdeceived 2 years ago
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notdeceived 2 years ago
80 banks now, capital south bank, alabama, gone.
MrSkaramanga 2 years ago
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MrSkaramanga 2 years ago
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MrSkaramanga 2 years ago
For good or bad?
I never got into the stock market.
So in this case. I didn't lose anything.
REVOLUTION 2010!
NO More rhino or socialist!
Vote The Bums OUT!
DEO VINDICE!
rebelstang 2 years ago
Consider what multibillionaire banker David Rockefeller wrote in his 2002
memoirs:
"Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure -- one world, if you will. If that's the charge, I stand guilty, and I am proud of it."
TracyM1974 2 years ago 2
Tracy, thanks for posting that.
vivaloriflamme 2 years ago
Larry Flynt of all people has an excellent article on Huff Post called Common Sense 2009. You can also read it on the homepage of GoldmanSachs666(DOT)com. Here's an excerpt:
TracyM1974 2 years ago
Not to fear the FDIC can tap $500 billion from the US Treasury.And can borrow $100 billion absent any approval from government, Which they have already have done and is getting close to zero. M$M doing a great job hiding this little fact.
6283125 2 years ago
Did you notice that they changed the definition of a Level 6 pandemic? It used to mean that there was high mortality and now it means that it is highly transmittable.
Denninger wrote an excellent blog about swine flu's potential effects on the economy. It is on his Market Ticker blog.
TracyM1974 2 years ago
Hey Charlie.
You are 100% correct. No recovery in sight from my end of NY also and I am involved with manufacturing. Just horrible business conditions.
People better get used to this business environment. Won't get better, only maybe worse.
Keep up the good work.
bullorbearreport 2 years ago 3
China's central bank has been buying stock in the china stock market also.
bunsh1ch1 2 years ago
Charlie,
If I remember correctly.... the FED put 23 Trillion into the stock market..... it provided 2.3 Trillion to the banks and the banks leverage up 10 times turning it into 23 Trillion.
bunsh1ch1 2 years ago
That seems pretty likely to be our current scenario. So, how much is left by now since the markets have been massively leveraged up? Oh, and no criticism, but technically the banks are allowed to leverage 9 times producing $20.7T in new electronic fiat + the original $2.3T of electronic fiat from the FED gives $23T of electronic fiat to buy electronic notes issued by corporations....
KnowledgeDriven 2 years ago
Our bailout money is being invested instead of paying off the toxic assets which they told us they were going to do--though 80% of America was against that even!! The toxic assets still exist and we are going to have to face that sooner or later, and you know what that means....
Gilgamesh73 2 years ago 3
you knocked it out of the park on that one--especially the last quote from JW! Call it ponzi or house of cards---it can't stay up on hype forever. Fed is the man behind the curtain....and we can see his bare bottom!
mattswall 2 years ago
Good post Charlie. Thank you.
bweazel 2 years ago
"The economy is improving. Everything is fine. Quit complaining!"
That statement from an Oministration hack. That is either ignorant which is dangerous, or deceptive which is devious.
Another great report Charlie.
matahaari 2 years ago
Great vid Charlie! Unemployment in NC is at 11% and that doesn't take into account the people that have been dropped off the books...
fal2grace 2 years ago
Charlie ...if someone suggested that you run for office...how would you answer?
There are many on YT that deserve recognition for leadership qualities and have earned the trust needed to know that, in-office, this person is not corrupt.
Just a hypothetical. Thank you.
Frequencitee 2 years ago 6
I second that.
Gilgamesh73 2 years ago
I'm pressuring my Reps. to co-sponsor S604 and HR1207, my house Rep already co sponsored 1207 (amazed me), however neither of my senators (NY) have co sponsored 604.
My neighbor had a decent truck (PAID IN FULL), he traded his truck in during the cash for clunkers scheme~now his new truck put him $30,000 in debt even with the clunker money.
On the DOW-(I know very little about stock market), imo, the smart money is dumping and the dummies are buying~all part of the scheme.
700eyesonly007 2 years ago
If anyone wants to see if their Representatives have co sponsored S604 and HR1207 go to CampaignforLiberty website, there is a page where you can see if your Reps are on board : campaignforliberty(DOT)com/campaigns/1207cosponsors(DOT)php
700eyesonly007 2 years ago
Charlie, one of the best videos you ever made. You have the gift of speech and it is a pleasure to listen to you when you deliver the unshakeable truths. The stock markets are heavily manipulated over the entire planet - the Swedish stock exchange passed the 900 index yesterday, and immediately the press shouted: "The bottom is reached", "The recession is over", "now we can see the light at the end of the tunnel". But our export has plunged 70 %... The world has gone absolutely mad - everywhere!
robert4you 2 years ago 3
Just yesterday I heard about Obama's NEWEST campaign that is similiar to CASH FOR CLUNKER'S that as you know is already BROKE again and that is,,,,,,
CASH FOR APPLIANCE'S.
Yes, people are being encouraged to turn in those ENERGY guzzling refrigerator's and washing machines.
OMG!
THIS PRESIDENT IS BLEEDING US TO DEATH!
NoCensorshipYT 2 years ago 4
NCYT, that last statement says it all. The Chinese will not finance our out-of-control spending forever. When they stop, the result will be crash of the dollar and massive inflation.
GreatOneFan 2 years ago 5
I know one! The firearms/ammo sector is up!
NowICtoo 2 years ago 2
Its a complement to how popular Charlie's videos are and how many comments he gets. If there were less than 10 comments nobody would bother. Its only a bit of fun. If we want a new and better society, Libertarianism is the way so lets be a bit more tolerate. Ok?
Lynchian74 2 years ago 3
Brillant video! THe FDIC releases its quarterly report. It will be a real horrorshow. Its broke. Now if it has to go to treasury there could be a bank run which could self energise. This is something that needs to be monitored closely.
Lynchian74 2 years ago
Right on point! What a cliff we are headed towards! The car is speeding up. I really think that there will eventually be a debt jubilee when stupid leaders see how they have backed themselves into a situation of total implosion. Ironically, that last act to finally rescue the enslaved consumer will be what really destroys everything...
2012RealityGuy 2 years ago
thank you for geting this info out there!
StMin85 2 years ago
Towing companies, due to drivers license checkpoint impounds ??
phnixlady 2 years ago
In Ontario, Canada, there is an automatic vehicle seizure at roadside (great for towing companies!) + max. $10k CDN fine + max. 30 days license suspension for being clocked by any police force in the province for exceeding 50km/h on a public road. Some of the larger incidents (like 232km/h on the DVP clocked near 14th line in Vaughan & caught just south of Hwy 401 in March'09) render vehicle seizure + $2k fine + 7 days license suspension... stunt driving law just fyi
KnowledgeDriven 2 years ago
Furthermore, our presidents speak with a teleprompter. So, why doesn't anyone ask who is really writing these speeches. Who really runs the show? Presidents can't come up with their own material then they are phony as well. This system is stupid and people just keep buying the nonsense. I just touched on only two of the million things that are completely stupid in our system.
kingdomtraveler 2 years ago
Yes. Great video. There are some very corrupt things going on out there. I keep telling people not to trust the media, because I guarantee that they are in this for themselves and they are going to continue to do whatever keeps profits going where elites want them going and to brainwash people who don't know any better. I mean, seriously....how can you trust people who talk with a script and wear make-up? People here on youtube speak from the heart...that's where it is.
kingdomtraveler 2 years ago
Japanese car makers are doing well out of the 'cash for clunkers'. Which is no good as thats a trade deficit.
A real stimulus package should be:
Go to an engineering company and give them for 'FREE' expensive CNC machines and tooling. You'll get your tax payers money ten fold from taxing thier profits years down the line.
stuntpea 2 years ago
EXACTLY.
phnixlady 2 years ago
think long term, they might prop-up the system fo twenty mor years but one thing is for sure. You are screwed if you trust the federal reserve notes in your pocket.
jsphbjmn 2 years ago
You are 100 percent right....except the fact is the "game" is rigged. If you have cash,cds,moneymarkets,savings you will lose value and at the same time make the banks TONS of profits! We are rewarding the banks with our hard earned money that they then control Governments with...If we gamble our money on Wall Street they get it because Goldman Sachs owns our politicians. We can vote with our money by actively trading stocks or depositing money in small community banks. Avoid the BIG ones!
Mr1openmind 2 years ago
foreign dividend paying stocks
foreign national banks
US dollar will not retain purchasing power.
inflation will destroy "depositing money"
buy Au, Ag, and take into personal possession.
comment only, no thumbs down
143DREWID 2 years ago
Bernanke pumping up the market to fake growth. That's CRAZY, but damnit. It's most likely true. You do really good vids, but this one is going up on NationalResistance dot shameless plug.
Thanks for your awesome work. And WORK it is.
ResistanceNational 2 years ago
This was one of your best Charlie. You pretty much summed up the whole thing. Nothing is happening without government spending, and the Fed is propping up wall street and the bond market through the back door.
frgtmygld 2 years ago
Philly is closing down basically
bnash2002 2 years ago
scary thing is that as you said, there is tons of money still in money market accounts meaning that there is a lot of money on the sidelines waiting to go into the market. You can attach a judgement to it saying its bad or its good, but the truth of the matter is that we'll probably be seeing more upside in the stock markets. So I'm bullish for the wrong reasons
dsturch 2 years ago
When buyers purchase a stock , the dollars that buyers bring into the market are immediately taken out of the market in the hands of the sellers.
The stock market is not an air balloon into which money goes in or out and expands or contracts that balloon. Prices are not driven by the amount of money that buyers put in or sellers take out (as those dollar amounts are always identical).
Prices/value are determined by the relative eagerness of the buyers versus the sellers.
hrosemd 2 years ago
two negative stars?? wtf? I'm stating an opinion and reasons why I think the market will go higher. Listen if you are an investor, are you going to stay on the sidelines earning basically 0% interest in a money market fund while the market has rocketed 50% in 6 months or are you going to get a piece of the action. This is NOT a statement of the economy. Give me a reason why this is not true.
Enjoy your vids Charlie and as far as I'm concerned, Helena Mt is heaven on Earth
dsturch 2 years ago
it's called being an obnoxious moron.
GEORGE4CASH 2 years ago
Now you all read my profile. You might get a laugh out of it. Only statist left wing government weenies will be offended, because i have pointed out what they really are.
soco13466 2 years ago
guns, ammo, and gunshops
rexoid 2 years ago
"fun"? ....................wow
MrSkaramanga 2 years ago
Yep. Time to get a good movie..take up College football..you know ..pick a team..scrabble..anything but this :)
rexoid 2 years ago
congrats
crabbydogtrix 2 years ago
Where should we put our money?
soco13466 2 years ago
into something real. trust yourself before anyone else soco
crabbydogtrix 2 years ago
buy gold and silver
patriot693 2 years ago 5
Thanks, Mc. Yes, volume on the NYSE is really low since March. It's not a real bull market. This is a trader's market.
The pool (NYSE) is full of sharks. Watch out!
But where does an investor put his money? Where does a saver put his money? Murky waters indeed.
mcgrawtim123 2 years ago
Mc. ? McCharlie? McCrabbie? I like it :)
rexoid 2 years ago
thanks Mc -watch out indeed
crabbydogtrix 2 years ago
If you're buying this recovery story, I've got a beachfront house in Nebraska I wanna sale you.
DEMCAD 2 years ago 2
no kidding- that would be easier to believe
crabbydogtrix 2 years ago
The IRS has admonished Switzerland for its "tax have status".Yet the Fed and Treasury are swanning around the Caymans,another "tax haven"on steroids,doing what?May I suggest that the powerful arm of the IRS reach inside Caymans and find out.Along with Jeremiah I shall not be enumerating as to when this chicken comes home!
justjacqueline2004 2 years ago
great idea
crabbydogtrix 2 years ago
To those that support Charlie
Just go to the huffington post right now and read the comments regarding the 9 trillion deficit being sold over the next 10 years as an estimate.
Any comment asking to look into the fed or asking for any other type of truth is met with derogatory comments with "WRONG PAUL" language.
I find it ironic. Big government bloggers don't want the government to coin money, but private bankers. I thought this is something we could ally with the left on.
cowboycarl04 2 years ago
The hard left refuse to accept belive that a minority can not drive the ship. All obstacles are ridiculed. The map says: "Only heroes return, here there be dragons"
rexoid 2 years ago
thanks fpr the info cbc
crabbydogtrix 2 years ago
msnbc and others twist language and ideas to stupefy.. example
investors run to dollar for safety
investors felt appetite for more risk and went to gold
such bullcrap. nothing has more intrinsic value than gold. the dollar is merely a paper promise , often broken. yet they turn the phrase to fool the public. gold and siver have been real money for centuries.
1mealperday 2 years ago
housing isnt improving, I sure as hell haven't seen people moving into homes that are for sale. Infact when I do my evening runs through the neighborhood, I've noticed more homes that are empty. Maybe another year of this and people will finally stop swallowing the bullshit these yahoos feed us.
XxgoetfacexX 2 years ago
man crabby you make my day with your videos man! dont stop sir!
XxgoetfacexX 2 years ago 3
i wont and thanks
crabbydogtrix 2 years ago
another sad cattle trend in the states.......this stupid "first" nonsense
MrSkaramanga 2 years ago 2
I always picture a bored 15 year old doing it.
Michigansnowpony 2 years ago
LOL!
MrSkaramanga 2 years ago
Charlie you are wrong on one point, there is one sector of the economy that is doing well, gun stores! Keep the videos coming!
radon1234567 2 years ago
Extreme market pumping hoping to rise confidence in the consumer, things are that desperate. No more ammo other than the printing press.
bellingerbuild 2 years ago
Denial. Just like a drug addict hidding his/her addiction before they are forced to face it. This is the depression that never was.
sepftc 2 years ago
i agree
crabbydogtrix 2 years ago
Good job portraying the reality of the average person in the USA. favorites again in hopes more awaken. Thank you for not giving up. I still say best to bring this to an end on OUR terms by acting before they do. Revolt by NOT BUYING
anything you dont really need. Plus what ever money you have be sure its in your hands , not the banks. Realize the banks are the enemy and politicians their handmaiden. non violent protest of NOT GOING to WORK. Whats the use having a job as the country closes do
1mealperday 2 years ago 3
thanks 1meal
crabbydogtrix 2 years ago
Honestly, I don't think most people are buying it.
poweroftheglory 2 years ago 3
3 more banks failed today...FDIC reports their financial numbers this month on the 25th...75 banks have failed this year...how much money has the FDIC dished out in depositary insurance for these failed banks...commercial real estate is the next crash
mike6459 2 years ago
Its 81 now. Friday cost over 2 Billion.
Lynchian74 2 years ago
Have you heard there next scheme cash for washers and dryers.These people are idiots.They don't give a F about us.
We are going to be another Zimbabwe.Start making the bread for scraps of gold.Great Vid Charlie!
meikagirl 2 years ago 2
ya i forgot to mention that but im sure it will come up in the future
crabbydogtrix 2 years ago
Like you said,something has to give soon.I dont think these lies and cover-ups can last much longer.This whole thing is really getting ridiculous !
brendandylanmaloney 2 years ago 2
Oh, you missed a nice COB piece of info from the administration today: The 10yr budget projection now has a $9T defict, a +$2T uptick from the Mar projection. That's an average of $900B deficit every year for 10yrs. I'm sure that's optimistic too.....yeah, we're screwed. Implosion guarrenteed.
afsoldr 2 years ago
i saw that- just nuts
crabbydogtrix 2 years ago
Charlie, believe this...... as doom and gloom your commentary may be, I always look forward to your views. I share much of the same and it is as if you are speaking through me...... uncanny
This country is run as if our "Mom and Dad" were always off playing poker with the neighbors and we "kids" learned to grow up in a diluted self indulgence and no knowledge of right from wrong.
Fortunately some of us grew up with values and intellect ......
Peace Bro
CTOL1 2 years ago
peace back and thank you
crabbydogtrix 2 years ago
Google this headline: "Destocking continues at North American metal service centers"
the effects of this is not apparent to the average joe, but all the fabricators know it means its hard to find cheap materials.
nwosigns 2 years ago
will do -thanks
crabbydogtrix 2 years ago
I don't understand something. Ok people are buying. Are we supposed to be surprised?, I mean, the overwhelming majority of the American society is cattle right?
MrSkaramanga 2 years ago 2
correct
crabbydogtrix 2 years ago
Sectors with improvement: guns and ammo, survival gear and supplies, precious metal dealers, auction services, and personal protection/security equipment/gear. Perhaps that isn't exactly the list the govt is looking, but business is booming in those areas.
afsoldr 2 years ago 3
so true
crabbydogtrix 2 years ago
Guns and Ammo are only thing thats doing good yeah well I think you know why. Just get ready its coming the big D word.
bennmug 2 years ago
I think the Big D word has been with us for awhile now. But it took them a long time to be able to say the Big R word, so I imagine they'll cling to it for as long as possible before *admitting* we REALLY ARE in a depression.
Michigansnowpony 2 years ago 2
Another 5 star Vid.
No Jobs, more taxes, Rigged stock Market, retail sales plummeting, People running out of Un-employment, Swine flu pandemic soon, Weak dollar, China dumping U.S. debt, blocking H.R. 1207, Unending unconstitutional wars, corrupt two party system, Threats of martial law and false flag events, Soc Sec.-FDIC-Medi-care-Medi-Caid all insolvent, Pensions and 401k;s soon to implode, Another Stimulus plan in the works.
Recovery my ass!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
buyred 2 years ago 7
well saib buyred
crabbydogtrix 2 years ago
Your right once again.
The stock market no longer reflects Main street anymore. Its almost as though our government is like a shadow empire.
CMLovejoy 2 years ago
thanks cm
crabbydogtrix 2 years ago
Just let them buy all that fake junk,they deserve to loose it all.
tiroler537 2 years ago
So true Charlie,so sad too. I live in a condo where I've been the custodian for twenty three years. I have never seen this many foreclosures here. Out of the fourty eight units there are five in foreclosure and also many of the residents here are behind on their assesment fee's. I sometimes wait for three plus weeks for a two week check because of the lack of funds. There's green shoots alright,but I think its just mold growing! I Sure are some dark clouds looming brother. best regards. jimmy
MegaJimmy777 2 years ago 5
thanks jimmy
crabbydogtrix 2 years ago
We have 700 condo units in our development. 246 of them are no longer paying their association fees and many of those have been foreclosed on or are in the process. Our association is upside down over $1.1M now.
The worst part is that the banks who took back the units are not keeping the power on and mold is growing.
TracyM1974 2 years ago
That was the BOMB! GREAT VIDEO! Thank you once again for putting things into perspective!
bsaorders 2 years ago
thanks much
crabbydogtrix 2 years ago
I was thinking the exact same thing on my way home. All that money is coming from nowhere. Can someone say inflation?
sjs4763 2 years ago
I totally agree with you. What will it take for the American people to wake up and see we are not being represented. If we elected these people and they represent us, and lets say 60% of the people are against the bill, then the representitive should vote NO! But that is not what they are doing. OK, we are going to vote you out. But unfortunatey they keep getting re-elected. How dumb can we be. How long can the government keep propping up the numbers we are seeing?The collapse is coming.
firesim 2 years ago 3
great comment
crabbydogtrix 2 years ago
once again great vid!!!
foxhound6358 2 years ago
thanks fox
crabbydogtrix 2 years ago
excellent as usual, thanks
glenisah 2 years ago
thanks
crabbydogtrix 2 years ago
housing prices here have held their inflated value until now...and boy ...prices are dropping like crazy....prices have dropped by 1/3 in the last couple of weeks...seriously...i tried buying several forclosures held by local banks over the last year...the banks wouldnt budge ...now all of a sudden they have slashed prices like the place is on fire
centervilletn 2 years ago
Thanks for another strong video.
dclarkconsulting 2 years ago
youre welcome
crabbydogtrix 2 years ago
the dow is meaningless..half the stocks that were on the dow have been bailed out and the others have been removed from the average and replaced by other stocks..its not the same dow from a year ago
centervilletn 2 years ago
agreed
crabbydogtrix 2 years ago
In today's paper, it is reporting that GM stocks are STILL being bought up even though everyone has been told / warned they will be basically worthless in a few months. I simply do not understand the stock market. To me, it makes no rhyme or reason. It's gotta be rigged. I'll never take part in it again, that's for sure.
Michigansnowpony 2 years ago
i bet GM would be revived if there was a ground war that requried an automotive war industry
centervilletn 2 years ago
thanks so much for what you do!
littlemouseshouse 2 years ago
youre welcome
crabbydogtrix 2 years ago
gun and ammo makers are doing very well
dweber66 2 years ago 3
you got me on that one
crabbydogtrix 2 years ago
Sign of the times. Those of us involved in the construction trade are bust those involved in the destruction trade are booming.
Lynchian74 2 years ago 4