Added: 1 year ago
From: Ralphdraw3
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  • As bad as former US Senator Joe McCarthy of Wisconsin was, Glenn Beck is 100 times worst. Glenn Beck was an Anti-communist and not much more, but Glenn Beck is an actual semi-fascist...

  • @PsychoPunk1965 i don't think Glen beck has any idea what either a communist or a fascist is. it is a mere propaganda tool drawn from the fear mongers word bank: fascist, communist, socialists, radical, marxist, extremist, radical marxist, islamic extremist, radical islamic marxist, radical islamic extremism, islamofascism (my personal favorite)... feel free to add your own...

  • Beck is not only an egomaniac, the bastard is downright evil.

  • It all adds up to ONE thing "Oligarhy"!

  • This guy is an idiot and we need to start IGNORING him and his ilk.

  • is this pro Beck, cuz i swear ima shoot him if i hear his name one more time...

    get ovar it! Obamas good now, wars ovar and u hav health care!!!

  • @themw2montager Obama is Bush number 2. The war is far from over and theirs a good chance it will spread. his administration is threatening Iran regularly and put sanctions on them. He renewed the patriot act, and has passed so many horrible things its hard to keep track. Health care issue is not solved, he let the drug companies/insurances write the bill, and the cost for care will keep rising. hes TRASH.

  • @19TEC85

    wer u trolling?

  • @19TEC85 Obama is NOT Bush number 2. When he starts more wars, tries to "privatize" social security, lies about no-bid contracts with his buddies then come talk... Obama didn't reverse and repeal everything the Republicans did to us --give him time and a large majority. The Military Industrial complex and Republicans either fillibustering everything in the minority or actively screwing us in the majority ---what's Obama supposed to do?

  • @sinistar99 Ok, the republicans made him keep Indefinite detentions, and made him keep the war on the middle east going,.,The dems had plenty of time to get things in order. let's see, bails outs, wars and predator drone strikes on innocent people, the threatening they did to Iran, the gifts to the insurance and drug companies, he shall be forgiven because the republicans made him do it. never seen Obama come out strong in support of anything he supposedly believes in. He's just a politician.

  • glen beck makes some good points but he is like a kite in the wind...where ever it blows he will support for his ratings....he used to call us patriots tin foil hat wearing losers, but once he saw the tide turning he jumped on the band wagon...so i take everything he says with a jaded eye....

  • Well, now that we know for sure that Fox News is an agent of the republican party through their donation to the Governors for a million dollars, I'd say ignore all of it. Fox is a progoganda machine and not a news group.

  • I think you hit it on the head: Yellow Journalism at its finest. I guess this is what you get when one depends on a Q-Moring Zoo radio personality.

  • Oh JEEZ, goody.  We get to go back to Bush & Cheney lies.

    Duhh???

  • So lets go back to the 30's 40's and 50's????? Beck shut the fuck up druggie!!!

  • I am actually surprised that the Christian supremist, religious right, have excepted Beck, knowing he is a crazy Mormon. Even Christian supremists tend not to tolerate crazy alien denominations.

  • Beck just does what Ailes/Murdoch wants. He doesn't care what he did or said yesterday. Stoking the fires of demagoguery is his job and he is good at it. "Outfoxed" was a great film. He loves Racial profiling. What is he complaining about? A sign of dementia is loss of short term memory. George Soros is awesome. Revered throughout the world for assisting former eastern bloc countries to be come Open Societies. I've heard enough from Beck, especially his ;latest silly rant against Olbermann.

  • Glen Beck is a traitor. He works for Rupert Murdoch an avowed supporter of the New World Order. FOX along with all the major networks are ALL owned by New World Order supporters. Their job is to keep the public distracted and fighting among themselves. I refuse to play that game any longer. I canceled my cable and I chopped up my TV's with an axe. You should do the same but I doubt any of you will, that is why this country is finished. The Constitutional Republic experiment has failed.

  • @UtwoBed Glenn Beck is very popular on the radio. And he is selling lots of books. hate and fear sells. Don't they call it "yellow journalism"?

  • @UtwoBed

    I don't beleive the new world order bullshit but I will agree Beck and all of Fox News are traitors.

  • Did you read that News Corp., FOX News' parent company, just gave a million bucks to the Republican Governors Association? Fair and balanced, baby, fair and balanced. You betcha!

    Can you imagine what Glen Beck would say if NBC gave a million dollars to the Democratic Party? He'd be screaming so loud you'd be able to hear him all over the country without even turning on your TV!

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  • Glenn Beck should shove his gold coins up his ass so his balls will grow and glow. I just don't understand who would listen to this thieving moron or even why he has a job besides the fact that FOX hires incompetent liars to promote its fascist regime and cause.

  • US forces can now assassinate americans on the face of terrorism...this is not fear mongering...but TRUTH.

  • Clinton played a major role in the collapse of the housing market...i.e. Community Reinvestment Act.

    Do your research people.

    Everything else was caused by low interest rates/easy money from the Federal Reserve and also by Fannie and Freddie guaranteeing mortgages.

  • @Buergs323 Why didn't G.W. Bush and the Republicans repeal the Community Reinvestement Act when they were in power.

    Why didn't Republican appointed Fed Chair Greenspan recommend this action?

  • @Ralphdraw3

    The sad thing is that you read what I wrote and assume that I was a Bush supporter. Don't play petty politics...its sad and unconvincing.

    I hated Bush...fuck him.

    So your point is basically meaningless...

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  • @Ralphdraw3 Greenspan, who Clinton kept on, was busy keeping IR as low as possible so to fuel the housing boom. After the collapse of the stock bubble, Greenspan helped shift the bubble to housing to keep the economy running.

    Buergs is correct. I would only add that Clinton's repeal of Glass Steagal was the most important peace to the puzzle. Reagan had tried this but failed. Clinton got it done and that was the nail in the coffin.

    Anyway it is clear that these are bipartisan crimes.

  • @Buergs323 The community reinvestment act was under Carter, and if it was so bad, it would have collapsed all the mortgages within the first generation of mortgages, within five years.

    The thing that collapsed the mortgages was them being allowed to package them into subprime bonds, which the underwriters were betting on failing.

    Look up MAGNITAR.

  • @dangerouslytalented

    A bubble is never created and popped within 5 years.

    Secondly, what if the lender of last resort (the federal reserve) wasn't there to bail the banks out?... and what if there was no FDIC to bailout depositors in the event that banks lost depositor's money, would banks still had taken on such risks?

    Without such bailout parachutes depositors would care about the risk level their banks were taking on.

  • @dangerouslytalented

    While I'm sure the Glass-Steagall may have held back banks from risk taking, I think the problem was the other bailout safety nets provided by gov't for these banks in the event they run into trouble. Dropping the act and the creation of things like the Community Reinvestment Act to encourage such institutions to make risky loans - with the promise of Freddie/Fannie and other bailouts - was the problem.

  • @Buergs323 The community reinvestment act was in the 70s. The banks were making sound loans back then, otherwise the loans would have collapsed.

    But when they started bundling the loans together into CDOs, and insuring them against losses, basically placing bets that they would fail, and then making sure that they had the riskiest loans in those bonds, they basically worked out how to create a no-lose situation.

  • @dangerouslytalented

    You keep telling me WHAT the bankers did...I'm telling you WHY they did it.

    See the difference? Economics is as much about psychology as it is about crunching numbers. The reason they bet against them failing was because they knew the company as a whole would fail but the big time bankers would make it out scotch free. If these bankers were wholly responsible for these losses and there was no safety net...don't you think they would have thought twice about those deals?

  • @dangerouslytalented

    When you blame the GS Act you mis-characterize the fundamentals of trade.

    For example, if you wanted to give me a bomb that was ready to explode in 5 minutes for 2 dollars...I would never in a lifetime take that deal.

    But if I knew I could buy the bomb, and not be responsible, pay for the damages, and suffer the consequences...there is a greater chance I would take that deal.

    That's exactly what happens when there is less risk.

    Risk has been dampened...not greed.

  • @Buergs323 These people worked out how to create bombs and make it profitable to sell them.

    This was deliberate, and would have happened whether there was a community reinvestment act or not. They worked out how to bundle together toxically bad mortgages and still make a profit, in fact the worse the mortgages, the more profitable it was.

  • @dangerouslytalented

    But the reason there were so many bad mortgages was because of the CRA...but the MAIN reason for the collapse wasn't that they were allowed to trade these bad assets, it instead can be attributed to the fact that the gov't was there to bail them out no matter what happened. That's the meat and potatoes of this whole crises...there wasn't enough risk for these bankers to face if they bundled up shit assets...

  • @dangerouslytalented

    The reason I use bombs as a comparison is because the mortgages those banks were trading were ticking time bombs waiting to explode.

    There are two things in this world: Fear and Greed.

    Fear is the greatest regulator to Greed. And when you allow people to be less responsible with their transactions, fear is dampened and preserved.

    The federal reserve, guaranteed mortgages from freddie and fannie, and easy money are perfect examples of that...

  • @Buergs323 ... except that the mortgages from Fannie and Freddie were NOT exploding, not for thirty years,that's two generations of mortgages, until they figured out how to make money by making them explode. And who did this? Washington Mutual, Magnitar, AIG, and most of all goldman sachs. Fannie and Freddie knew how to make subprime loans NOT explode, and it was only AFTER they had too much competition did they start making these bad ones.

  • @dangerouslytalented

    A bad loan would never explode in 30 years!

    Hell if the mortgage actually lasted even close to 30 years there would be no crash!

    They knew the assets would crash in a few years, they bet against them and got bailed out.

    These bankers knew they would't have to bear the consequences for trading shit for shit. That's the bottom line.

  • @Buergs323 Exactly. The loans under the Carter community reinvestment act DIDN'T explode. They were safe, until these other subprime loans flooded the marketplace, loans that were deliberately sold to those who could not afford them, which caused a housing bubble, and left ALL loans (safe or otherwise) less than secure, and has left a MASSIVE number of US loans underwater (more still unpaid than the house is worth)

  • @dangerouslytalented

    In 2001 Fannie Mae announced that it had acquired 10 billion in specially-targeted Community Reinvestment Act (CRA) loans more than one and a half years ahead of schedule, and announced its goal to finance over $500 billion in CRA business by 2010, about one third of loans anticipated to be financed by Fannie Mae during that period. In 2000 Fannie Mae announced that the Department of Housing and Urban Development ("HUD") dedicated 50% of its loans to low income families.

  • @Buergs323 So? Their business was ALWAYS low income housing.

    And, before 2001, their loans were not collapsing. It was only after the other institutions started bundling together the subprime loans, and their main business was being taken away, that they were forced to loosen up.

  • @dangerouslytalented

    Dedicating 50% of government loans and having Fannie and Freddie finance over $500 Billion in Community Reinvestment Act business is the mal-investment I spoke about. If the government doesn't "dedicate" all that money to bad loans, it doesn't matter if the bankers package loans together or not...they packaged all these bad loans that were destined to fail...and they knew it. If the government doesn't do that...there are fewer bad loans to trade. Its that simple.

  • @Buergs323 They weren't bad loans when they started. They were good, sound loans until about 2001-2003, when the competition from Washington Mutual and Bear Stearns etc, started forcing them to make bad loans or else not provide any loans at all.

  • @dangerouslytalented

    Changes in 1992 to the CRA put greater on banks to make "acceptable loans" to their community...all required to meet federal requirements. Banks were forced to give out a certain amount of loans to low income families...the WaMu or Bear Sterns didn't do this to themselves. The government did.

  • @Buergs323 Again, bad mortgages start to go bad within the first few years. It was not until 2006, 13 years later, that these assets started turning toxic.

    And you are completely ignoring underwriters such as Magnitar who were deliberately underwriting toxic dirivitives in order to bet against them, which fed the bubble massively.

  • @dangerouslytalented

    When the SEC looked at the banks that became insolvent during 2008, it found that the main cause of insolvency was losses on traditional bank loans unrelated to their securities underwritings. In other, words, the repeal of the GSA, allowing banks to trade and underwrite their loans didn't cause the collapse. The SEC proved this...the main cause for failing banks had nothing to do with the repeal of GSA but instead due to the mal-investment...thats not just me..but the SEC

  • @Buergs323 the losses on traditional loans were caused by a bubble which was being fed by cheap loans which were being sold to those who could not afford them deliberately because the underwriters were betting against these loans. No docs or liar loans were NOT a part of Fannie's and Freddie's business plan until everybody else started doing these and were flooding the market with overvalued real estate.

  • @dangerouslytalented

    Is there any evidence they did it deliberately?

    But there is evidence that says these banks were required to meet certain regulations based on the CRA's requirements. So to say they did it on purpose is nothing but an attempt to make a political point. There is no hard evidence that suggests this...it's just an assumption

  • @Buergs323 yes there is a LOT of evidence that they did it deliberately. They called it the Magnitar trade. Underwriting incredibly bad bonds, then betting against those bonds, then collecting on those bets, and making a lot of money because those bonds went south. There are a whole bunch of recorded conversations of them laughing at the "shitty deals" that they were cooking up and how they were cleaning up on them.

  • @dangerouslytalented-Don't waste you time with Buergs, he has no awareness of derivatives, credit default swaps, fractional reserve banking, predatory underwriting..etc. Let him indulge in Fox noise and choose ignorance.

  • @beatsbytheory

    You know what happened but you have no fucking clue WHY it happened. That is the ignorance you are choosing. You blindly assume bankers did this because there was no regulation, and they did this to fuck ppl over for no reason...there was a reason...and it was bc the bankers didn't face any responsibility for the failure of these loans...your blind assumption that these cronies pulled this off without government "regulations" is so blind.

  • @Buergs323 -Compliance with the CRA wasn't mandatory, YOU do some research..the banks that complied were guilty of redlining and and didn't want to be investigated by Janet Reno. Turn off Fox noise

  • @beatsbytheory

    It wasn't mandatory? Please! I looked this up and couldn't find anything that suggested such a thing...In fact, the act mandates all banking institutions that receive FDIC insurance be evaluated by Federal banking agencies to determine if the bank offers credit suitable for lower income neighborhoods. It was entirely mandatory. That was a barefaced lie.

  • @Buergs323-Nearly ALL banking institutions in the US are backed by FDIC, especially those who exercise the bonus of Fractional Reserve requirements. Compliance with the CRA vs being evaluated are two different things. Redlining is illegal and banks are notorious for it, hence, federal evaluation which had nothing to do with the CRA. If you weren't so ignorant you would know that the overall housing bust was due to an engineered reoccurring event called "The Business Cycle" not lending practices.

  • @beatsbytheory

    Redlining eh?

    Did myou know more whites were denied than asians? Did you know black owned banks denied blacks just as often as white owned banks?

    No. Because you took a convenient fact snd twisted into some bs to fit your political ideology.

  • @beatsbytheory

    You have no idea how bad lending practices have become...

    The fact of the matter is this crisis would not have been as bad as it was if there werent so many shitty loans for the bankers to bet against. Appraisers and lenders made these loans bc Fannie and Freddie basically guaranteed the loans would be paid for no matter what...How is this bad? it's a moral hazard and preverses risk. The was NO risk for the bankers. None, bc of the government.

  • @Buergs323 Clinton was very conservative in his fiscal policies. Like Reagan and Bush he was all about Deregulation and letting the "free market" handle things. Clinton's worst mistakes were when he acted like a Republican --but unlike Republicans he now admits those were failed policies wheras Republicans still insist more of the same is needed! like a mid-evil doctor Instead of realizing that leeches weren't the cure they insist the problem is not enough leeches.

  • @sinistar99 which policies has he admitted were wrong? all i know is that he did acknowledge that the coup he engineered in Haiti resulted in a famine.... "whoops, sorry guys!"

    it is strange he admits they are failed policies. He now stands by and endorses Obama who has not reversed course in any way.

  • After watching Beck ... I think I'll donate a few more bucks to BraveNew ... just for spite ...

  • All Rethugs have had since communism died is fear,smear,hatred and bigotry.Unfortunately,Ralph by looking at some of the ignorant comments you have received on this vid,some of these ignorant idiots are drinking the kool-aid.

  • @baph777 watch?v=DKA7V1WZ4xQ

  • @baph777

    They certainly SEEM to be the same when they meet up at the Council On Foreign Relations, the Trilateral Commission, and the Bilderberg Group.

  • @baph777 obama is a corporatist to the max. He shoves in regulations that hurt small competitors and keeps big businesses that can bare the cost alive. He protects the central banks secrecy, and he cont all Bush policies ..He renewed the patriot act and is now working on new ways to spy on us on the internet. he has now made it ok to assassinate US citizens at his discretion if they are labled terrorist with no trial. Now that I think about it, hes even worse than Bush.

  • @19TEC85

    This nothing. If you think Obama is worse than Bush, wait until you see what's coming after Obama...

  • @baph777 The democrats were weak and pathetic in their fake attempt to be against the iraq war. Remember when Hillary Clinton voted for it? Many democrats went along with it. oBomBa has escalated the Afgan war and has even increased drone strikes in pakistan killing hundreds of innocent people there, not to mention in other muslim countries. dont give me that partisan spin that the two sides are different. How about obomber letting insurance companies drug companies write to health care bill?

  • @baph777

    Both sides support never ending war, both support big government programs, both love to spend and bankrupt the country. Both believe in central economic planning. If that makes me a conservative than so be it. Taxing the rich is the only solution liberals have for every issue. But guess what? both democrats and republicans believe in corporate welfare. Bailing out wall street, inflationism pumping in money into banks artificially by the federal reserve, which is a transfer of wealth.

  • You'd almost feel sorry for the morons who listen to Glenn Beck if they weren't such a threat to American freedom.

  • You know, I was looking up the Arizona immigration bill the other day, and I came across something interesting: Russell Pearce, the state senator responsible for sponsoring the bill, is an interesting fellow.

  • In October 2006, Russell Pearce forwarded an email from National Alliance, a white separatist group, to a group of supporters. The email titled "Who Rules America" [11] criticized black and white intermixing and Jews in the media for promoting multiculturalism and racial equality, for depicting "any racially conscious White Person" as a bigot, and for presenting the Holocaust as fact.

  • and you think that was just an honest mistake... Pearce was also criticized for his association with white supremacist J.T. Ready.[13] Pearce endorsed Ready for Mesa City Council in 2006[14] and appeared with him at several rallies. Pearce has since indicated he was unaware of Ready's neo-Nazi affiliations at the time he made the endorsement

  • the democrats and republicans are both shitty parties with more or less the same ideas. As for Beck, he just babbles a lot of stuff and causes a lot of confusion. Obama sucks, Bush Sucked, Clinton Sucked, Bush sr sucked, reagan sucked.

  • @19TEC85 That means Americans suck and don't know how to vote in a Democracy

  • @Ralphdraw3 Also we need some third parties that are worth looking into.

  • @YaoiHuntressEarth

    Even if a third party comes through, it will inevitably be infiltrated and bought out by the corporations...

  • I dunno...

    I don't think Clinton Sucked, and it could be too early to speak about Obama. I don't even know if anyone would have had a chance to do anything, or rather, has a chance to do anything. I mean, look at what he came into... and how many people actually voted for John McCain and Sarah Palin.

    ~5.6 trillion dollars added to the debt... 800 billion dollar deficit. Two terrible, shit filled, impossible wars... all affecting the financial system like never before. Jesus... Christ!

  • @Ralphdraw3 America does not have instant run off voting. That is why third parties can't win in America. Unions and other groups have to endorse a third party. Third parties have to make college clubs. Although maybe if Jesse Ventura runs for President, he might be the first third party president to win a race in America.

  • @Ralphdraw3 Our ''democracy'' is owned and run by corporations. We get to choose suit 1 or suit 2. Both parties receive contributions from the same sectors of the business community who form their true constituency and determine their policies.

  • @19TEC85 What we need in this country is a strong labor party, not the empty promises of the democrats nor the empty populism of the republicans, but a real, dedicated movement by and for the workers of the nation.

  • @Bernstein1917 There are some Democrats who give in to corporate lobbyists and put their interest above that of the people sometimes... Republicans ARE corporate lobbyists and have absolutely no sense at all of any other interests.

  • @sinistar99 what democrats do not give in to corporate lobbysists? I can't think of one in the senate let alone the executive.

  • Ralphdraw3, thanks for sending me a link to this vid. Unlike McCarthy, Beck's not in congress, so he'll probably be around for awhile. He's such a clown and so contradictory it's hard to guess what his followers will do in November. Do they even vote? He calls Republicans in congress moderates and progressives. Is Beck a plus for the Republican party or a negative like Ron Paul?

  • @TheForwardGaze Good question. He claims to be Libertarian.

  • George Soros!!! 

  • This man is way beyond nuts.If he likes something it's great if he doesn't it's a commie plot.Glenn,do the world a favor and shut the fuck up!!!

  • @darrellmellissa You guys survived Clinton, whom you hated. You'll survive Obama. Besides, you guys keep running awful candidates like McCain/Palin.. and lousy presidents (Dubya and Nixon come to mind) What's a country to do?

  • @Ralphdraw3

    Clinton did much damage to the country. He put sanctions on Iraq that ended up killing hundreds of thousands of people which generated even more hatred to the US from the Muslim world. We aren't surviving any president, they're all destroying the country step by step, decade after decade.

  • @19TEC85 Now don't get me wrong. Clinton didn't start the sanctions but he was in favor of them and kept them in place the entire time he was in office and even had Iraq bombed for years, not to mention other military interventions around the world.

  • @Ralphdraw3 For real! Not only did we survive Clinton but survived it with the best economic GDP and Job growth in most of our lifetimes.

  • @sinistar99 yeah but the economic growth was a result of the high tech and the stock market bubble. greenspan lowered interest rates even as unemployment decreased. This is an unsustainable growth pattern -as we have painfully learned (Clinton and Greenspan knew it). Furthermore, Clinton did a big part to destroying US manufacturing by supporting policies that over inflated the value of the US Dollar making exports impossible. Clinton's administration played a huge role in our economic disaster.

  • to think that socialists are taking over is absurd, speak to any well educated individual ie start with any accredited teacher and get ur info from a non biased nut,.. remember when "ELITE" was a four letter word. What kind of commie wants an educated constituitional law professor to run our country when a C+ drunk did such a bang up job, I dont know about the rest of the country but if my child was "ELITE" enuff 2 earn an IVY league scholarship id b ok with it.....

  • Glenn Beck is a Joke, Jeff Beck should sue him over the use of the name Beck

  • Why does the video stop at 1.47 mark ?

  • Glenn Beck won't stop until somebody kills Barack Obama, he's on a mission. Listen and observe carefully what this guy is saying and how he's saying it. It's obvious that ALOT of middle/low class americans,most of them white are easily brainwashed by people like Beck. Alot of the things he's saying are baseless. He won't stop until Obama is dead.

  • American politics is scary.

  • @darrellmellissa mc carthy was wrong.....and beck is dreck

  • @eugeneonegin09 How long have been delusional,, Are you trying to tell me there weren't any communist around then in high office. get your head out of the sand.

  • @darrellmellissa no more then were american spies in the soviet union

  • @eugeneonegin09 What has spies in Russia got to do with McArthie being right?

  • @darrellmellissa

    There are more communists in the Federal Government TODAY than there were in the days of McCarthy.

  • @darrellmellissa McCarthy was censured by the Senate. He died a few years later of alcoholism, I believe.

  • Read the book on Beck: Common Nonsense. Till 2001 he was a hard-core cocaine addict. He was dislike, just plain hated by many co-workers who had to work with him, during his AM radio days. Some that liked him say that he showed clear signs of mental instability. Before his manipulations, behind the Terry Sciavo story, he felt like his professional career was a failure; he'd seriously considered suicide a number of times. He learned his lesson on persuasion from THE worst of Mormon fanatics.

  • when you wake up and find your stuck in hell; who you gonna blame??

  • @getabrainasshole Glenn Beck

  • @42Unknowns hahahahaha good one, but hate to disapoint you but the democratic party is what your looking for, or in your term's keith douchebag olbermann

  • It's like McCarthy reincarnated to annoy us even more.

  • Is he making stuff up. It is kind of like generic sidedness entre' with spicey bias taterness goodness, with just a slug of straight ethanol.

  • @hypnofan35 Whatever pops into his head, he goes with it. And he makes lots of mistakes ( like in this clip alone)

  • @hypnofan35 And the stuff he drags in Batman (2:02), draws that giant ejaculating penis just makes him even more insane.

  • @hypnofan35 the ignorance and the blindness of the minds eye is amazing; how the hell did they brainwash all the children to be leftists!

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