Richest Man in the World has a HOLY S%$@! Moment

[shmayy]

if u know his name or seen his face...he aint the richest man in the world. the richest men in the world arent seen or heard, but their will is exercised as their power reverberates through the world. and thats about as much as youll sense "them".

[xadam2dudex]

the richest man in the world Mukesh Ambani is an Indian who just built a home for $1 billion dollars in Mumbai India!!

[needmanshini]

The Dubachi Family and the Rothschilds are the richest families in the world, not Buffett nor Gates. The Dubachi Family is 33 Trillion dollars and they own the majority of the oil drilling industry in the middle east.

[solojam]

BEST TIME TO BUY WHEN THESE BASTARDS ARE SAYING TO SELL, if you would have bought when these thieves said to sell you'd double your money in a few months

[Umips54]

Sorry, Buffett is not the wealthiest man in the world.

[chadgresham]

The richest person in the world should have the name Rothchild behind thiers

[tecnohunk]

Dumbass Buffett supported Obama.

[monsieurazad]

zionist kike thieves

[FunNotNuts]

Ask your government where the gold went which was at Fort Knox. It is not available for US citizens. It is being held by the Federal Reserve. Remember, it's a private company.

[thbyrnes]

Buffett is not the richest man in the world... not by a mile.

He is the richest the public is allowed to know about.

[JoeyPencils]

exactly!

[yjfoo81]

Who can be richer than Warren Buffet?? 50Billion dollars net worth man.

[thbyrnes]

$50 Billion fetches about 56 million ounces gold.

Don't you think the Queen of England, the Pope, the Rothchilds, the Rockefellers, the Bushs, the Blacks or any of the other 300 families have more than that in their miscellaneous expense accounts.

Buffett & Gates are small change compared to truly elite wealth of the world.

[jalal736]

i agree, and there could be people in the world who have over trillion $.

[rs0865]

TRUE!

[shadowC10ne]

...yes.

[Piscivorus]

I totally support smaller government but, that's never going to happen without tax reform. No taxes would mean no government. As long as we have government, we need to pay taxes. The Fair Tax is the only tax system that allows us to support the government while also keeping it in check. Corruption happens when business interferes with government. The Fair Tax forces businesses to side with consumers or face the same financial strangulation as the government from consumer activism.

[cem2333]

Warren Buffet said there will be a recession for 5 years on MSNBC not just one year

[RDW1455]

Obama plans on USA destruction!

He is an Islamic sympathiser intent on destroying America and it's economy.

He's laughing at those of you STUPID enough to support your own destruction. I cant wait till the rest of the world See's him for what he is. He has declared all Islamic terrorists being held at Guantanamo be reclassified as "FREEDOM FIGHTERS" now and released if they can't be shown to have been the most radical caught! What the HELL?

He is a SYMPTHASISER of terrorists!

[Piscivorus]

The best way to get the government out of the way is through tax reform. Of course I'm talking about the Fair Tax. It is the most important piece of legislation in Congress right now.

[engine2truck6]

CUT spending, limit the size and scope (and purpose) of government, and we won't even NEED a "fair tax". We should eliminate the income tax, and replace it with NOTHING, except CUTS.

[CCLJunky]

Excellent catch! 5 stars!

Good to see that so many people are now keeping an eye on what's going on in the world.

It gives me hope :)

[aluckyshot]

Maybe the richest new money people who haven't managed to hide all their wealth in trust funds, and organizations that they started then sit on the board.

Rothschild, and Rockefeller.  These two won't make the list yet they own the world.

[adriansmith2004]

excuse me.. uh second richest man... get a new forbes 400 mag. and you'll see hes now number two.. gates is back on top.

[deanna777777777777]

rothschilds are the richest on this planet.

[rollsthepaul]

The good news is, money of any currency, will be worthless and that includes gold,silver, diamonds. Barter will be all that is left, in less than 3 years.

[albermarle19]

Are you serious! Gold silver and other metals/precious metals,are the ONLY thing thats worth a shit!

[aCidShred]

Enjoy poverty.

[albermarle19]

What would you suggest then? I'm open to new ideas/ventures.I just think the dollar is gonna be worthless by the end of the summer when Obama takes over(nationalize)the banks.Take it one step further.If the dollar is gonna by replaced with a world currency(God Help Us) then anything based in dollars will be worth10%-25% of its value now!This is why I think precious metals is the way to go. Other countries that back their currency with gold/silver will do alot better than those of us in the USA!

[aCidShred]

If your going base your investment on currency speculation, (which I agree with long term, though it is unlikely to unfold as dramatically as you suggest or as soon).

Buy miners not the commodity. Metals are non productive whereas business's make money and can reinvest it.

Gold is so expensive right now there is little upside and slight improvement will tank it.

But a japanese index fund,

[DevinDerga]

Actually, Buffet is behind at least Gates, who is #2. And #1 is currently a telecommunications tycoon from Mexico. I think Buffet is like 4th or 5th.

[Janiacster]

I got out of the Real Estate and Mortgage Biz as well... and am damn glad of it.

[rollsthepaul]

Buffet has always been an optimist and he is very smart. The world system is broken beyond repair. We will be trying not to starve to death, in two years. The brown stuff is approaching the fan but hunger riots, barbarism, our military shooting our citizens, loss of most infrastructure and mass mental illness are what the shit hitting the fan, actually looks like. Your money is not safe, anywhere. Your life is not safe, anywhere. Yout property is not safe. Help yourself and your neighbors.

[greyface01]

Patent Number for the Cure for AIDS: 5,676,977

not like it matters anymore, with the coming police state.

[goldbugjoey]

I read that the rothchild's fortune is a cool 513 trillion ....enogh to make every person on the planet a millionaire...so lets take it and share his spoils....

[bondthewall]

LOL. Buffet isn't the richest man in the world! He's not even a Trillionaire!

[qwertydj2003]

Rothschild!

[OmarThePug]

At least he hasn't blown his brains out...yet.

[azgartd123]

shot himself in the head 3 times... yup suicide.....

[clbackus]

Ben Bernanke, Henry Paulson, Paul Wolfowitz, Alan Greenspan, Tim Gheitner should all be rounded up and put behind bars and then figure out who's going to start talking. Then the rest of the purification can start to take place.

[PeerlessWonder]

see! the 'oracle' should have listened to the 'prophet ' Gereld Celente!

lol

[Magnus27]

Rough crowd, eh? Do you think there was a time when others assumed the best in people?

It warms my heart if I believe that you left the business out of morale responsibility. Assuming otherwise doesn't offer any possible edification.

[eurogoldexchange]

You probably left the mortgage business because it is dead..

[AwakenSafely]

ok, sure....

[iamgabrielf]

Thanks. You seem like a good guy. I hope we return to the day when we all are unafraid to correct our mistakes. Decency is a good thing. I think (assume) that the coming collapse will clean up America's conscience. The societal decay of the roaring 20's was followed by the depression and dust bowl. After that America returned to a nation of high quality ppl; it was the 50's. Times of lack foment humility, hard work. Irrational exuberance foments incivility. It seems we are repeating that cycle.

[iamgabrielf]

This comment is not intended to demean. It speaks to values: In '05 I got a job selling mortgages. The very first was from World Savings. Boss only inf us on the sales pitch and commission. I sold one. My comm was 5k. But I researched the loan (option arm) and I thought it was draconian. I advised my client to not take the loan, destroyed the app and resigned from my job. There are better ways to make a living than putting folks on the road to foreclosure. Ppl thought I was dumb, but I'm proud.

[AwakenSafely]

yep! good job. took some of us a little longer to understand is all...

[empressjulz]

@iamgabrielf good for you. unfortunately you were the minority, greed overtook most others, both buyers and sellers of those silly financial products, and now there is unfortunately a hefty price to pay.

[iamgabrielf]

@empressjulz, many good, innocent ppl are being hurt by no fault of their own. The speculators are taking them down with them. The solution is state banks. Currently, N Dakota is the only state with a budget surplus because they've detached from Wall Street banks. If this topic interests you read Web of Debt or watch The Secret of Oz.

[iodyn]

its not so difficult to understand people... you simply have to move the 135 billions you have in real estate and move it into liquidity and the 230 billions you have in the stock market needs to be converted to gold and chinese governement bonds.... sheesshh !

[nmbypmby34]

I don't think this is just about homes. Our debt is just to big and its time to pay. I think everything in the white house needs to be scaled down. THESE PEOPLE are to serve the American people not brag about their great chefs and great food they eat. WE are going into a DEPRESSION !! DAMNIT!!

[DillonX]

Please recognize that most people are sheep.

When prices are high they all want to buy, and the banks are ready to loan, & investment advisers encourage them to get in the markets.

You want to move agst the grain.

The stk mkt is looking more attractive now & so I've bought a few stocks & I've already started to look at some foreclousrues but haven'tt bought any houses yet.

[AwakenSafely]

depending upon what area of the country you're in....be very careful about the real estate purchases...could be a ways yet

[OldSoftSn]

Skeptical yes. These days it is hard not to be. I would have probably sold those mortgages too because the money was good and because if I didn't do it someone else would have. We are all in the same boat at this point. Good luck.

[AwakenSafely]

interestingly, I only "sold" a handful of loans that would be considered "sub prime". I always hated the onerous terms and the harsh adjustable rates and the pre-payment penalties. Sometimes they were the only thing available and I've seen those products work out for a few people--but most of the time they turned out to just be the band-aid on a much deeper wound!

Thanks for your reply

[elboertjie]

It is almost as if a lot of people who denied things in the past are now actively showing people the truth and want them to get mad, upset, to protest and even revolt as Santelli said it.

Even Glen Beck is talking about this stuff now!

So, how can people swing so quickly from absolute denial to asking people to revolt?

Like you said, it seems planned and they wish people to walk into the trap by taking up arms.

[Elizruth]

Hi Jacob and friends, I can't get over the concept that this crisis will leave us all for the better. We will all go through changes as Jacob went/ is going through his. And it will leave us better off. The bailouts/stimulus is going to prolong this need for our society to change. I guess some people will be forced to be slow learners. I'm glad we have this forum Jacob has provided.

[tinafiedler1]

Jacob's doing a great job.

[AwakenSafely]

Thank you...thank you...

keep an eye out for a website coming soon called "TruthandMoney" It's under construction now and will include a chat forum for sure.

[OldSoftSn]

Walked away 3 and 1/2 weeks ago? Was it a matter of conscience or a matter of money. Sounds like the latter. If you had quit in 06 or 07 maybe but just weeks ago is weak.

[AwakenSafely]

OldSoftSN you sound like a cynic. It was a matter of money 2 years ago, too. In other words, this crisis has been a big problem for a LONG time in the mortgage world.

Of course it's a matter of money and practicalities. BUT if you would go back and watch some of my videos for the past couple of months, you'd see a person struggling with the "cognitive dissonance" of trying to decide between perseverance and walking... This wasn't only about the money. I poured years of my life into

[AwakenSafely]

building a service oriented company. Walking away meant leaving all of that behind and admitting failure on many levels.

As I said earlier in this thread,

"yeah, well...that's like...just your opinion, man!"

Also, get laid. You'll feel better!

[june201955]

Most people today have forgotten or don't know how to get back to the basics (voluntarily) unless they are forced to learn it the hard way. People are only beginning (forced) to buy items that they need that are used/second hand. This is a market that we will see grow. Ones like Warren Buffet won't see this from the top. This will be seen happening by the ones at the bottom.........

[tinslatee]

The Glbal Elites paraded Buffet in fron of the cameras 3 months ago and had him say it was time to buy American stocks. Don't put any credibility into what he says. He is only a tool used by the private globalist bankers and he is privy to inside information, that is why he has done so well over the years. Never listen to people who get a ton of air time on mainstream news, do your own research and go to alternative news sources for the real story. The economy will be horendous for the next 5yr

[mike520784]

thanks for posting the article , although the second paragraph does not makes sense to me.

[kahunabear]

Buffet is in a world of hurt right now. Berkshire hit new lows on 2/20. He got into some of his own derivative transactions that are toxic.

[Unitas2Berry]

His derivatives will only be toxic if the market declines further for the next 15 years. (a historically unlikely event) Otherwise, they will be profitable, especially if you consider the earnings on investments made with money he got from the up front fees.

[kahunabear]

See Below.

[valhala56]

Kahunabear, you said "Buffet is in a world of hurt right now" That is kinda of relative in the sense that Buffet will never be looking at poverty unlike a boatload of Americans will be.

Psychologicaly he may have taken a dent in the old Pile of Billions of $. But make no mistake I am shedding no tears for Warren Buffett.

[kahunabear]

I guess we will all have to wait and see just how bad it gets for Warren. Who would have ever imagined what has happened to AIG, Merril, Countrywide, GE, Bank of America, Lehman, Bear Stearns and Citigroup?

[Umips54]

actually a lot of people back in 2006 predicted a global economic collapse would occur by 2009-2010. It was bilderberg that decided to pop the sub-prime in 06 that caused the U.S. econ to spiral out of control. They did it for the purpose of centralising the banking system in the name of globalization. We all need to realize that this was no accident.

[mejt223]

^^^  Sorry for the spelling^^^

I hit post before I read it.

[AwakenSafely]

:-)  hadn't noticed

[mejt223]

THanks for the responce on the last post.

Have a great weeknd!!!!

[7532730]

Like Buffet has ever been 'the richest man in the world'. He's just a stooge and it is kind of sad to hear you get such a hard-on when Buffet just states the obvious on the main stream media. You are lagging way behind man... shooting from the rear. Can hadly wait for your next epiphany.

[AwakenSafely]

as "The Dude" (Jeff Lebowski from "The Big Lebowski") would say, "Well...that's like, just your opinion, man..."

LOL. thanks for the comment. Hang in there. Maybe get laid today? Might take the edge off a bit.

[7532730]

Hah! Thats better than your video-post... and unfortunately for me, way more accurate. 'Touche' - I didn't think you had it in you. I hope your next video will be as enlightening.

[AwakenSafely]

*chuckle* well, I'll work at developing a bit more of an edge, maybe :-)

seriously, thanks for the reply. I like this ongoing interaction and conversation. Believe it or not, I value your pushback as much as the "attaboys". It helps me re-think and re-craft my stuff so it's relevant. have a great weekend

[winbri5]

Lose a few billion, gain a few billion, what the hell...Guess we'll all have to take our licken's!! Interesting to see how this is hitting everyone!

[Danster82]

So they start with nothing, they loan the amount required for the property by creating the amount using fractional reserve banking get you to sign a legaly binding document that if you fail to pay back the property belong to them so the question is they start with nothing thus nothing to lose but a property to gain not a bad deal thats why they say loan to everyone because it doens matter to the bank they cant lose but they can win all the property of the country.

[AwakenSafely]

I'm a bit confused... your comments feel a bit like a personal attack on me, but then they are muddled up with a bunch of other stuff that sort of agrees with my other points.

hmm....not sure how to respond.

I don't disagree re: what's happened with banks/lending, etc. It's a scam and people totally buy in...

[Danster82]

Im sick of hearing all this, irresponsible lending crap. Thats nothing but the symptoms of a corrupt system. When andone tells you shelter, food and tansport = overspending most times they earn their money via usury i.e a trader-investor, dont matter how much of a nice guy you are if this is what you do your living has been provided you by others who create wealth.

Anyway they loan because they create a legal contract so they can forclose and own the property which they previously didnt own...

[Arginine88]

Sorry but Buffet is not the richest man in the world, maybe one of them on the books. Off the books there are much richer men, Rotherchilds, bank owners and other elites who's money never gets audited because there wealth is so spread out amongst other nations, and of course Gold and silver never get accounted for. Israel has "tons" of gold and silver plus they have more money then they know what to do with! Warren Buffet is a stooge.

[AwakenSafely]

fine, but you're missing the point of the video. :-)

You are making valid observations but the heart of my message was to point out that the recognition of the major (un-fixable) disaster we're in has now gone mainstream at a very high level...

[Elizruth]

THanks Jacob for sharing with us the latest. I'm really impressed when a person can note what's right and stand up for it, i.e. you left your job. It shows trust. I think we are going to have to be trusting our guts and sense of right and wrong a lot more in the future. Maybe God's giving us tune-ups.

[AwakenSafely]

Hi, Elizruth!

yeah....I've been getting my "tune up" for sure.

it's not like I was able to sell out and walk away with a big stack of cash. had to make my choice based on (as you said) "guts and sense of right and wrong". Make no mistake, this means that my hopes, dreams and hard work for the last 10+ years are reduced to a pile of ashes.

I'm not asking for pity, though...I have an enormous sense of relief to finally be awake!

[audiofeel1]

love the info...many thanks

[PestControl02]

haha, the same buffet that invested 3b in to GE?!

ooo, he took a bath! no wonder he's sour on the economy, lolz

[a012345]

It's like not like the same deal you and I would buy. He get insane amounts of dividend and guarantees. The only companies I would even consider putting money long time are Intel and Wal-Mart. Even then, I still think their current prices still have ways to drop when the market finally hits the fan. You still gotta love Obama and his cronies making announcements after announcements to whipsaw the market with no direction.

[g2000m]

When did you get out of the mortgage biz Jacob?

[AwakenSafely]

walked away about 3 1/2 weeks ago. Keeping the office open and my partner's running it.

[midway27272727]

more disaster...lol