So basically...why is it middle-class taxpayers' responsibility for the banking industries reckless behavior? Correct me if I'm wrong...but where is the justification behind this bail-out? The way I see it, footing the bill (no pun intended) to the US Government is a cop-out! And since when is it the US Government's responsibility to bail-out criminals??? It really is this simple people! Call your senetors, vote, do whatever it takes, and don't compromise your rights!
Fannie and Freddie were looted by the Democrats. Obama's own people Johnson and Raines took millions of money that should have been for the poor. Why isn't Obama, Pelosi, Dodd, and Frank in jail for taking our money in the form of PACs? The Dems consistently blocked any CHANGE the GOP offered. How ironic, so much for Marxist redistribution. No Eichmann/Bolshevicks, NObama08.
Bush WAS NEVER A CONSERVATIVE but a socialist. A conservative would never bail out wall street pirates and incompetents at the expense of the American tax payers. Thanks to this bail out King George, you have doubled the American national debt in one weekend. Also, Paulson & Bernanke are crooks along wiith the Democrats and Republicans on the board of Fannie and Freddie who are going to make millions of this. If you think McCain or Obama will save this country, you must be a complete idiot.
The Fed just gave us a nice gift with the .75 rate cut. The dollar Rallied and Gold took a dive. This is what is called a GOLDEN buying opportunity to buy more GOLD!
Bush is probably going to keep us out of depression, and there are stops in place to slow a crash. I'd rather we let the market call the shots as it costs our children when we are foolish and we have been insanely foolish and deserve the firing squad. We have screwed our children 9 ways from Sunday.
It is clear we are going into a Recession, but every few see a collapse of the stock market. An then a collapse doesn't mean a depression per se. And which is it Inflation or Deflation because depression is deflation.
Real Estate is deflating. If you have a job and or cash we are entering a Millionairw, billionaire making period.
Those that saved and had a job or converted Stocks and bonds to cash in early '29, then bought Real Estate made out. Gdpa a cop, and Gpma a Western union flunky saved. Ended up with all the houses dies at 100+ wealthy. Other jumped out of windows missing my mom by 10 feet splat.
this is highly disrespectful and you are heavily influenced by Satan. I mean why would you say these things to anyone. thats horrid !!! plus to make matters worse, this is Johns video not Brent (aka Man of Truth).
Thank you John for taking your time to inform those of us who dont have the knowledge you posses.
Great video. Too bad so few people see how the middle class is constantly being robbed in every way by the banking industry. I guess we get the government we deserve.
The economy will keep putting along until the powers decide to pull the plug, not before. Don't expect anything to happen before that.
The real question is, when *they* decide to pull the plug, what will be the result. Stock market crash, hyperinflation, depression, world recession, merger with Mexico and Canada, New World Order, all of the above, or some combination of the above?
I believe that, someday, in the very near future, a depression is inevitable( hyperinflation next year or so could happen and theres a good chance). S tock market crash would be too easy and it will be much worse. Now they're saying recession and they'll be using the D word next year. We can't forget the debt bubble. The spill-over factor plays a huge roll too. The NWO is working hard.
well, no points for guessing who you been listening to. Making predictions like that jack is setting yourself up for embarrassment futher down the line when nothing happens.
Idiotstreet was saying the same thing during the summer when people were using the word "recession." Now CNBC is talking about it. But we'll see about that.
The economy is out of gas and we're at 50,000 feet. Confidence has taken a direct hit - witness the Fed rate cut Dec. 11 and the immediate 300 point selloff in the Dow. The next day, in spite of a scheme "uniting the world's central banks" the rebound lasted exactly 6 minutes. Gold and oil also took a hit - surprise!
"They" are losing what little control they ever thought they had.
well I'm puzzled - all this talk of losing and fiscal crash. I'm self employed and several months after first hearing all this stuff people are still ringing me, hiring me and paying me. I'm still earning, paying my bills. living life as normal. I hear a lot of hot air but I don't see anything changing.
It's funny when people say "if" and not "when". A depresion is coming and it is inevitable. The bubble is going to burst and the economy is on it's last leg. The ONLY thing the Feds/government is good at is PROLONGING economic crashes, like they have been doing with the wars...but that is coming to an end. Become independent of the system and you will win half the battle.
Obviously your line of work is not affected like others may be. You are lucky. consider it a good thing and If Johns advice is not good enough, quit coming back for more.
who the fucking hell are you to tell me that? I'm simply telling it as I see, it's called an alternative viewpoint. Or maybe we should all hold hands and sing kumayah? would that make you feel better? Fucking dick.
if you don't wanna get flamed then don't make fucking stupid comments blazen you dick. Vacuum heads like you drive me insane, pretending to know things when in fact you're in cloud cuckoo land. Go and fuck yourself.
Sir, its a good thing your across the ocean. You could use a seriously good smack in the face. Name callling is for teenagers. Grow up and act like an adult.
What do you think is going to happen over the next couple of months ?? I've been getting killed on my subprime puts & gold calls . . . they expire jan 22,08. This "subprime plan" is just delaying the inevitable and artificially keeping the market on stilts.
you've been getting killed because you're probably listening to the wrong voices on yt. Just because someone sounds convincing doesn't mean they know what they're talking about.
Check out the last 1 1/2 minutes of the following video. Ron Paul gives a good verbal whipping along with some great questions for Big Ben. . . go to you tube & add the following to the "search" box: "Ron Paul Ben quiver"
Ben Bernake's responses are very scary . . . gives you a good insight to Big Ben's way of thinking.
Well, I will tell you that I was sure that somehow, the taxpayer would be defrauded. I strongly suggest that anyone interested in understanding the bailout read the book "The Conspirators". History will show that this country has been defrauded of untold billions or trillions over the past 7 years. Read that book.
Now that youve adjusted your outlook from -fiancial instituion collapse followed by a stock market collapse followed by food hoarding and depression, to- we are going to be wasting our tax money on a bailout instead of some other goofy crap- How do you see the stock market in 6 months. Wont the weak dollar help it thus keeping our country strong?
As long as people keep investing in treasuries, the weak dollar will help exports and allow us to pay off our debt. The problem is that if our dollar becomes too weak, people will stop buying treasuries. Then, we are just another third world country with natural resources to export at a cheap price.
I was just asking if this bailout, maddening as it may be, is the lesser of 2 evils. A few videos of yours ago, you were predicting a very bleak future for the US. Now, with this bailout, we can only watch our taxdollars go poof, as usual.
Very true. However, the latter sounds more realistic. It will only help exports for a little while, but we'll have asset inflation at the same time too( other than the countries who are dumping).
TEHRAN (Reuters) - "Iran has completely stopped selling any of its oil for U.S. dollars, an Iranian news agency reported on Saturday, citing the oil minister of the world's fourth-largest crude producer. Iranian President Mahmoud Ahmadinejad, who often rails against the West, has called the U.S. currency a "worthless piece of paper."
Taxpayers are paying for stupid people's mistakes! That includes the people who took the loan and the banks that gave the loans! I hate the truth in this case. Everyone, please look at what Ron Paul is saying about our economy and then consider him for President!
The overall world plan is to replace the Dollar with the Euro as the World's Reserve Currency. It is "absolutely conceivable that the euro will replace the dollar as reserve currency, or will be traded as an equally important reserve currency."- Alan Greenspan, Wikipedia Good Luck!
What you were discussing from 2:15 to 2:44, I didn't fully comprehend. Last I heard, Paulson plan was to convince the lenders to give the people whose arms are resetting a reprieve...either by pushing back the reset for 5 years or giving them a fixed rate. Either way, it seems this would, in fact, help out homeowners. Maybe this plan has nothing to do with the one you're speaking of...I'll have to read up on this a bit more. Thanks 4 the vid!
I agree with most of what you said here. You need to change your views about Gold. You can't have devalution of currencies worldwide without a base commodity that represents cash in physical terms that everyone agrees on. Can you fit Mormonism somewhere in your monologue? You'll go to hell for this.
It's not going to solve any problems, but it will adjust the landscape. I think that Bankers will benefit as will folks who have structured investment vehicles. They now have a way to offload their potentially bad loans and not lose money.
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45604560 3 years ago
this period in American history will be viewed as the time when America died.
Americans have no money none America is prohibited from printing money
all of it is borrowed
It saddens me to look south to America knowing what is coming for you
the bailout was so that Bush could make it to
the elections without having to deal with the problem.
it is a band aid on a cancer
Red China has been given police authority over 1,4 trillion in USA mortgages
50 million American jobs will disappear
prepare
dave777blaster 3 years ago
USA is bankrupt
the banks defrauded the world
these debt instruments were guaranteed
people that lend you money that ends up in your wallet when your paid no longer want to lend the US money
no loans no salaries get paid
you are witnessingthe bankruptcy of America
foreign investments will buy up but not with foreign money with the money you owe them
the coming depression that is coming for America sometime after the elections will be the biggest trial and tribulation the USA has ever faced
dave777blaster 3 years ago
Freedomthinker7...where are your facts coming from...and if you say wikipedia...so help me GOD!!!!!!
elm241 3 years ago
So basically...why is it middle-class taxpayers' responsibility for the banking industries reckless behavior? Correct me if I'm wrong...but where is the justification behind this bail-out? The way I see it, footing the bill (no pun intended) to the US Government is a cop-out! And since when is it the US Government's responsibility to bail-out criminals??? It really is this simple people! Call your senetors, vote, do whatever it takes, and don't compromise your rights!
elm241 3 years ago
Fannie and Freddie were looted by the Democrats. Obama's own people Johnson and Raines took millions of money that should have been for the poor. Why isn't Obama, Pelosi, Dodd, and Frank in jail for taking our money in the form of PACs? The Dems consistently blocked any CHANGE the GOP offered. How ironic, so much for Marxist redistribution. No Eichmann/Bolshevicks, NObama08.
freedomthinker7 3 years ago
Americans produce nothing, or very little, and have shitty jobs yet live large.
Fake Nation.
Why the defaults that caused the bail-outs? Answer: No decent jobs to pay the mortgages.
It's quite simple.
Americans continued to believe they could live large and do nothing. It worked for a while.
CEO's cashing out their fantastic comission bonuses on every loan they made, have now left the empty vault to taxpayers.
And America still has no jobs.
Who's to blame?
Clever.
debtlifer 3 years ago
Bush WAS NEVER A CONSERVATIVE but a socialist. A conservative would never bail out wall street pirates and incompetents at the expense of the American tax payers. Thanks to this bail out King George, you have doubled the American national debt in one weekend. Also, Paulson & Bernanke are crooks along wiith the Democrats and Republicans on the board of Fannie and Freddie who are going to make millions of this. If you think McCain or Obama will save this country, you must be a complete idiot.
XConservative4LifeX 3 years ago
The Fed just gave us a nice gift with the .75 rate cut. The dollar Rallied and Gold took a dive. This is what is called a GOLDEN buying opportunity to buy more GOLD!
HelplessMammal 4 years ago
Bush is probably going to keep us out of depression, and there are stops in place to slow a crash. I'd rather we let the market call the shots as it costs our children when we are foolish and we have been insanely foolish and deserve the firing squad. We have screwed our children 9 ways from Sunday.
onebearbear 4 years ago
It is clear we are going into a Recession, but every few see a collapse of the stock market. An then a collapse doesn't mean a depression per se. And which is it Inflation or Deflation because depression is deflation.
Real Estate is deflating. If you have a job and or cash we are entering a Millionairw, billionaire making period.
onebearbear 4 years ago
Those that saved and had a job or converted Stocks and bonds to cash in early '29, then bought Real Estate made out. Gdpa a cop, and Gpma a Western union flunky saved. Ended up with all the houses dies at 100+ wealthy. Other jumped out of windows missing my mom by 10 feet splat.
onebearbear 4 years ago
john, i've left a message on your total force host site. daveextra
daveextra 4 years ago
john, i've left a message on your total force host site. daveextra
daveextra 4 years ago
Fuck you Brent. Cut your hair. You can swallow every ounce of my liquid babies.
ArchaicRevivalx2012 4 years ago
this is highly disrespectful and you are heavily influenced by Satan. I mean why would you say these things to anyone. thats horrid !!! plus to make matters worse, this is Johns video not Brent (aka Man of Truth).
Thank you John for taking your time to inform those of us who dont have the knowledge you posses.
BlazenJames 4 years ago
Great work John ...
Looking forward to seeing what you make of Europe, and the UK coming together in an effort to "save the banks", and the system ..
Cheers ...
ealred 4 years ago
Great video. Too bad so few people see how the middle class is constantly being robbed in every way by the banking industry. I guess we get the government we deserve.
lorax2013 4 years ago 2
The economy will keep putting along until the powers decide to pull the plug, not before. Don't expect anything to happen before that.
The real question is, when *they* decide to pull the plug, what will be the result. Stock market crash, hyperinflation, depression, world recession, merger with Mexico and Canada, New World Order, all of the above, or some combination of the above?
DangerousCombination 4 years ago
I believe that, someday, in the very near future, a depression is inevitable( hyperinflation next year or so could happen and theres a good chance). S tock market crash would be too easy and it will be much worse. Now they're saying recession and they'll be using the D word next year. We can't forget the debt bubble. The spill-over factor plays a huge roll too. The NWO is working hard.
JackNeedles 4 years ago 2
well, no points for guessing who you been listening to. Making predictions like that jack is setting yourself up for embarrassment futher down the line when nothing happens.
tonjg 4 years ago
Idiotstreet was saying the same thing during the summer when people were using the word "recession." Now CNBC is talking about it. But we'll see about that.
JackNeedles 4 years ago 2
The economy is out of gas and we're at 50,000 feet. Confidence has taken a direct hit - witness the Fed rate cut Dec. 11 and the immediate 300 point selloff in the Dow. The next day, in spite of a scheme "uniting the world's central banks" the rebound lasted exactly 6 minutes. Gold and oil also took a hit - surprise!
"They" are losing what little control they ever thought they had.
TYX91101 4 years ago 4
well I'm puzzled - all this talk of losing and fiscal crash. I'm self employed and several months after first hearing all this stuff people are still ringing me, hiring me and paying me. I'm still earning, paying my bills. living life as normal. I hear a lot of hot air but I don't see anything changing.
tonjg 4 years ago
It's funny when people say "if" and not "when". A depresion is coming and it is inevitable. The bubble is going to burst and the economy is on it's last leg. The ONLY thing the Feds/government is good at is PROLONGING economic crashes, like they have been doing with the wars...but that is coming to an end. Become independent of the system and you will win half the battle.
JackNeedles 4 years ago 3
Obviously your line of work is not affected like others may be. You are lucky. consider it a good thing and If Johns advice is not good enough, quit coming back for more.
BlazenJames 4 years ago
who the fucking hell are you to tell me that? I'm simply telling it as I see, it's called an alternative viewpoint. Or maybe we should all hold hands and sing kumayah? would that make you feel better? Fucking dick.
tonjg 4 years ago
nice.....lets all be mature adults and use fowl language to stress our anger at one another. real mature guy.
again, lucky you that the things that affect some are not affecting you. may God bless your angry heart.
BlazenJames 4 years ago
if you don't wanna get flamed then don't make fucking stupid comments blazen you dick. Vacuum heads like you drive me insane, pretending to know things when in fact you're in cloud cuckoo land. Go and fuck yourself.
tonjg 4 years ago
Sir, its a good thing your across the ocean. You could use a seriously good smack in the face. Name callling is for teenagers. Grow up and act like an adult.
BlazenJames 4 years ago
We must save America --
Google "Ron Paul - Hope for America" and "RonPaulGraphs"...
And then Donate today AND BE SURE TO DONATE ON 12/16!
BE A PART OF HISTORY -- IT'LL BE A RECORD-SETING DAY!
DeeDaron 4 years ago
What do you think is going to happen over the next couple of months ?? I've been getting killed on my subprime puts & gold calls . . . they expire jan 22,08. This "subprime plan" is just delaying the inevitable and artificially keeping the market on stilts.
biddermon 4 years ago
you've been getting killed because you're probably listening to the wrong voices on yt. Just because someone sounds convincing doesn't mean they know what they're talking about.
tonjg 4 years ago
Check out the last 1 1/2 minutes of the following video. Ron Paul gives a good verbal whipping along with some great questions for Big Ben. . . go to you tube & add the following to the "search" box: "Ron Paul Ben quiver"
Ben Bernake's responses are very scary . . . gives you a good insight to Big Ben's way of thinking.
biddermon 4 years ago
Will Citigroup be declared insolvent?
christianwarrior83 4 years ago
I doubt it. Between the MLEC and the FHASecure program, they will be able to unload most of their bad loans and make their balance sheet look good.
JohnSpeaksOut 4 years ago
Oops, forgot, I also wanted to say thanks for posting John I always enjoy your analysis and keeping us up to date on things.
sheiki22 4 years ago
What about China?
sheiki22 4 years ago
What I mean is, couldn't they pull the plug on our economy at any minute?
sheiki22 4 years ago
Lol, " especilly when it's backed by the full faith of the US government." You rock, Jpalme2000!
JackNeedles 4 years ago
Good video. Keep on posting John.
olamapsa 4 years ago
Well, I will tell you that I was sure that somehow, the taxpayer would be defrauded. I strongly suggest that anyone interested in understanding the bailout read the book "The Conspirators". History will show that this country has been defrauded of untold billions or trillions over the past 7 years. Read that book.
misawayub 4 years ago 3
Now that youve adjusted your outlook from -fiancial instituion collapse followed by a stock market collapse followed by food hoarding and depression, to- we are going to be wasting our tax money on a bailout instead of some other goofy crap- How do you see the stock market in 6 months. Wont the weak dollar help it thus keeping our country strong?
SGDeGalvez 4 years ago
As long as people keep investing in treasuries, the weak dollar will help exports and allow us to pay off our debt. The problem is that if our dollar becomes too weak, people will stop buying treasuries. Then, we are just another third world country with natural resources to export at a cheap price.
jpalme2000 4 years ago
Oops, accidently deleted SGDeGalvez's response. It was very good too :(
jpalme2000 4 years ago
I was just asking if this bailout, maddening as it may be, is the lesser of 2 evils. A few videos of yours ago, you were predicting a very bleak future for the US. Now, with this bailout, we can only watch our taxdollars go poof, as usual.
SGDeGalvez 4 years ago
Very true. However, the latter sounds more realistic. It will only help exports for a little while, but we'll have asset inflation at the same time too( other than the countries who are dumping).
JackNeedles 4 years ago
Can you give assessment on how the dollar will do in the future? What is the outlook from your view point?
DarklyRiddles 4 years ago
Dollar will continue to fall until they stop lowering interest rates.
jpalme2000 4 years ago
If we stop buying stupid shit we don't really need ie. more cars, jet skis, boats 2nd homes, we'd still get by just fine.
lostinthemix 4 years ago
That is just a syptom of the disease, not the cause.
JackNeedles 4 years ago
TEHRAN (Reuters) - "Iran has completely stopped selling any of its oil for U.S. dollars, an Iranian news agency reported on Saturday, citing the oil minister of the world's fourth-largest crude producer. Iranian President Mahmoud Ahmadinejad, who often rails against the West, has called the U.S. currency a "worthless piece of paper."
JackNeedles 4 years ago
Taxpayers are paying for stupid people's mistakes! That includes the people who took the loan and the banks that gave the loans! I hate the truth in this case. Everyone, please look at what Ron Paul is saying about our economy and then consider him for President!
JoeShmoe65 4 years ago 3
But the US Dollar is increasing now in value.
DarklyRiddles 4 years ago
The overall world plan is to replace the Dollar with the Euro as the World's Reserve Currency. It is "absolutely conceivable that the euro will replace the dollar as reserve currency, or will be traded as an equally important reserve currency."- Alan Greenspan, Wikipedia Good Luck!
JoeShmoe65 4 years ago
bernanke and the treasury are manipulating the dollar.everything is not peaches and roses as you see it.
ceverha 4 years ago
Obviously it will go up a bit, but no, the USD is tanking.
JackNeedles 4 years ago 3
privatize the profits, socialize the loses
free market, more like ussa!
silverrain12345 4 years ago 2
Good to see you again Excellent well said video.
catdog262 4 years ago 2
Its like corporate socialism
Oxygum 4 years ago
What you were discussing from 2:15 to 2:44, I didn't fully comprehend. Last I heard, Paulson plan was to convince the lenders to give the people whose arms are resetting a reprieve...either by pushing back the reset for 5 years or giving them a fixed rate. Either way, it seems this would, in fact, help out homeowners. Maybe this plan has nothing to do with the one you're speaking of...I'll have to read up on this a bit more. Thanks 4 the vid!
alabasteroldsoul 4 years ago
Check out FHASecure, which is the program that President Bush announced yesterday. I like reading the source documents.
jpalme2000 4 years ago
I agree with most of what you said here. You need to change your views about Gold. You can't have devalution of currencies worldwide without a base commodity that represents cash in physical terms that everyone agrees on. Can you fit Mormonism somewhere in your monologue? You'll go to hell for this.
ArchaicRevivalx2012 4 years ago
Mormonism?
Check out my blog for an open call for information about gold and precious metals. I'm open to be convinced.
jpalme2000 4 years ago
Hey John, nice vid! Could you explain in some other video how Fannie Mae et al, are lenders of last resort?
followyourgut 4 years ago
How does this affect the Stock Market?
j25ack 4 years ago
Buy US financial stocks. They got out of jail free.
jpalme2000 4 years ago
Why was Citigroup down on Friday? I do not see this move solving the problem. recession looks very likely.
j25ack 4 years ago
It's not going to solve any problems, but it will adjust the landscape. I think that Bankers will benefit as will folks who have structured investment vehicles. They now have a way to offload their potentially bad loans and not lose money.
jpalme2000 4 years ago
They'll be saying recession very soon, but, in reality, many states are already in one. Idiotstreet just have their hands in the sand.
It's going to get much worse in 2-4 months.
JackNeedles 4 years ago
i see this as just another IOU for the next generation.
We are in some major trouble.
DevBlazed 4 years ago