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From: DEMCAD
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  • And look at it now and today 6/1/2011, isn't this something? It is worse, wow

  • Man, Ive been preaching this shit for years, good to know that there are other people out there with real common sense. One very good idea to help with the health care problem. Is to get rid of health insurance companies, and this idea of socialized health COVERAGE. That is being propagated by both parties, or if you will "the republicratic party". Just think about how cheap health care would be, if we transfered all the money hmo's make and waste, to the actual hospitals.

  • BLACKS BUILT THIS COUNTRY. OUR ANCESTOR'S WERE SLAVED SO THAT MEAN THEY WORK FOR FREE SO WHAT THAT DID WAS MAKES WHITE'S RICH OFF FREE LABOR I REALLY THINK WE SHOULD GET REPERATION THE JEWS GOT JAPAN GOT IT WHY WE CANT GET IT WE SUFFERED EVEN WORSER SO UNTIL THAT HAPPEND WHITES JUST DON'T SAY SHIT OKAY

  • Are you up in the north? It looks cold outside. Doesn't yr head freeze?

  • Bank of america recieved it's last credit card/mortgage payment from me last month....I'd rather go to prison or die than pay them another penny! Fuck you rothschild/rockefeller/bilderg­erg.....and fuck the bank of America/Federal Reserve!

  • It is imperative that we, "the average Joes and Joses", do not put our guards down against the lies and deceptions of the traditional controlling class of the US and the world.

    I grew up in war in El Salvador and with authority I can tell when I see the devil disguissed as a sheep; if we do not stop the oil companies now, we never will.

    White people, Hispanic people, Asian people, Black people, and native Americans; lets get toguether and do it.

    Take the streets.

  • I guess it is time that we stop being fools.

    I think we have to start from zero.

    Many other countries are recovering faster than the US.

    Venezuelans pay only 20 cents per gallon of gasoline, are they not third world country?

    May be we are in the US the third world mentallity.

  • @Chingonazo1 Venezuela declared their oil fields are owned by the citizens and kicked out the oil companies, so it doesn't cost so much. That's why we're told we're supposed to hate Chavez. Saddam Hussein nationalized Iraq's oil fields, too. That's the real reason we attacked. The oil companies wanted their share of the pie w/ little or no royalties.

  • Boycott credit cards!!!

  • Bank of America FUCKED ME! I'm payin' it off and NEVER using them again.

  • gov health care....two thumbs down.

    reform....two thumbs up

    I want almost no government. The government is the problem the problems are building while we sleep.  The sooner we really deal with the waste the less pain we'll feel overall I believe.

  • An organized bank run is pretty much squashed since many people in this country don't get paid unless they have a direct deposit.

  • US Navy....A Global Force for Good.....the end of a commercial I just heard. We B Global ..For ever and for the good (?) What ever do they mean? Either way, ppl better listen cuz they speaking&doin.

  • Clever wording, huh?

  • Forget about the banks. We need to worry about a kid in a hot air balloon. I'm really glad he's okay :-)

  • Keep it up!

  • Its time to clean house and get all these fools out of office.

  • Check this out.

    (1) Free to get any credit card.

    When you decided to close it, regardless of its standing, there comes "repercussions".

    (2) Credit rating uses length of credit in its formula which is the "repercussion" from point 1.

    (3) Credit companies are raising rates to max 39%, minumum payments to max 5%, and annual fees to max $99, regardless of your credit standing.

    See how point 2 allows corruption 1 and 3 to run around with impunity. Yet people still cannot put 2 and 2 together.

  • Comment removed

  • i hit my breaking point im not paying any money to those fools

  • thanks for the video, you guys on youtube put out the information and since you have so many veiwers and followers you should all get together and organize something big. Lets get somthing going here. My question for though is do you have the stomach to handle the heat that will come with something big like that? keep posting videos.

  • An "organized" bank-run is a great idea, and such kind of a bank-run happend in holland last weekend.

    DSB Bank got nationalized on monday as customers took out 600 mio € in one night.

    For me Banks are right now just nessecary to recieve my salary and pay my rent. There is not one cent more than nessecary at the banking account.

  • i'm at the breaking point, paying my house payment, car payment and utilities. the rest can kiss my ass till the economy gets better.

  • WHAT WE SHOULD DO ABOUT HEALTH CARE: tort reform (limit how much a patient can sue a doctor), allow insurances to be purchased across state lines, make it illegal for insurance companies to discriminate for pre-existing conditions, give small business tax incentives to provide health care for employees, serve more healthy food at public schools and teach holistic health at public schools, these would be a great start

  • Demcad

    A recession puts a lot of pressure on the finances of a government because of loss in revenue, increased use of social services as well as the indirect social costs.

    Maybe if the US wasn't at war in two diff countries and wasn't bailing out the financial system it could produce a balanced budget and wouldn't have to increase taxes. Someone has to pay eventually and that means those who still have jobs.Or would you collectively prefer to continue borrowing massively from the asians?

  • stop the spending and you dont need to borrow or tax

  • Great Work! I can always count on you to keep me up to date

  • like the new intro/outro music. the old ones were getting.. well... old.

  • DEMCAD,

    I sure would like to see you do a video about Credit card companies "INTERCHANGE FEES"!

    I know most don't think or hear much about this, but check out the PDF download available from VISA. Simply search "Visa interchange fees" and you will see what I'm talking about. Banks make money every time people use there Debit or Credit cards and the interchange fees are paid by merchants which is less profit for them and more to the banks!

    Keep researching the facts and thank you!

  • Here you go Demcad.

    watch?v=KAebUUEJEe0

  • our country raped the dollar and the people think its all cool.

  • Wonder what kind of luxury items and electronics? Kid's games for Christmas? Upgrading the family computer set-up? Buying future barter items? Intending to default on credit cards?

    Health care, but not everyone will "qualify". More power in the hands of the gubmint, more debt on the backs of the future generations.

    Pakistan in turmoil? The CIA's work is never done, eh? ;-)

  • Dragged my life's savings out of the bank over the last month, except for chump change, and invested it in you-know-what. ;-)

    Believe me, they noticed.

    Now when I try to drag any $ out of my savings over into my checking, using their automatic phone system, as I always have, my calls keep getting mysteriously routed to a live person. ;-))

  • Hmmm no ads on this video. That was shady how they put ads up on your previous video without your consent. Youtube are bastards.

  • I've been saying for over a yr that everyone needs to get their money out of the banks. They are all broke & will crash. Many are going under without us being told. Harry Reid, Pelosi & the rest of them better find somewhere to hide because before it's all said & done, people will hunt them down for them destroying our economy/country. Anyone that trusts those crooks/cronies is an idiot and deserves what they get.

  • Have you read anything about Food Banks getting overwhelmed..?? What is going to happen when unemployment runs out for all the people who have been layed off??

  • I think no on any government health care. The federak government is already TOO BIG.

  • I only have enough in the bank to pay bills. I'm not stashing the rest--- there just isn't anything extra now. Bought supplies over the last year with leftover money.

  • If anyone would like a culmination of this scary picture just e mail me. I've been writing this report with the facts and no opinion for about 6 months reading the Bills and verifying my facts. It would be great to print and hand out. This is from a U.S. Army Infantryman who isn't into the whole I obey anything they tell me regime. I'm getting the word out to as many soldiers as I can. Thanks. Just write me for the info.

  • Luxury and electronics are bought by the elite. They aren't affected by all of this. That's why.

  • I'm pulling my money out of the banks personally now...before there is a bank holiday.  FDIC is funding by borrowing from banks. Something is wrong with this picture.

  • Credit card companies make so much money, how would they ever need a bal out?

    3% from all the sellers on pretty much everything sold in this country, WOW, (this in itself would be billons) up to 32% a years from the buyers, but the average is over 12%.

    Plus fees, penalties, surcharges,

    Why dont we just bal out Vegas while were at it?

  • I have reached my breaking point.....Im going to start growing my own food producing my own energy and holding my money in precious metals and commodities not dollars that is the first way to protest then you protest outwardly...You have to live differently not just talk about change...Live simply...

  • demcad your enthusiasm always keeps me interested and excited about world affairs.

  • Always good, fresh videos on this channel. Thank you.

  • I'd love to know what goes through the head of these guys who are spending these trillions. Do they actually have no common sense to see that isn't possible without printing money? Do they think people are just stupid and can't run their life? Are they really that power hungry? Have they been sheltered their whole life that they can't see straight anymore? I really don't know why they do what they do, but it rarely makes sense.

  • Demcad I stopped using Credit cards they already screwed me over once I had to pay 700 on a card with a 200 dollar limit. I pay cash, check or debit card. No more monster in my wallet.

  • We have a 23.7 trillion dollar deficit.

  • I believe we have 53 trillion in debt right now. Not good.

  • 29.99 isn't that much. What's the big deal? The same person who criticizes paying an annual fee to house possibly thousands of dollars in a safe that can be accessed at any time is probably the same person who then goes and spends 29.99 on eating out at restaurants.

  • The government doesn't seem to take much notice of the protest, protesting the banks may be a brilliant idea.

  • nice new music

  • I saw a similar upsurge in luxury goods sales in 1978, when things were very tough in NY. People wanted to impress. Why is no one talking about that the moon might be hollow? I am surprised about the 250 dollars for seniors. Bush's first 300, I didn't qualify for. I got the second, even though I've lived abroad for 15 years? Huh? (Gave it to my family in the States.)

  • Taking your money out will have no effect the top .001% make 35 million a year and they are not taking their money out and even if they did they know like I know that the banks will just get more money from the Fed or the government.

  • Saying no or dealing with the banks the way Americans have done before and might do now does affect behavior of people in other countries, though. Here in France, they were more accepting. Now -- they may fuss more.

  • Arghh, I can't believe the stupid, stupid people still banking with the bailout banks! If anyone still has an account with Bank of America , JP Morgan Chase or any other parasite that got a bailout (google 'bailed out banks') you should be deeply ashamed of your appalling ignorance & laziness. It just blows my mind how dumb people are. I look around at the stupidity around me & I swear to God these people deserve exactly what's coming to them. The willful ignorance is nauseating.

  • Agreed!

  • It's time for all of us to swallow the big pill, it will tastes very bad, but it's time we crash that system. How long does a dog wait to shake out all the flees on its back? Until it's out of blood to suck? I say pull everything out of every bank. and watch those bastards squeal, then take them out on the streets, and tar and feather them. It will be painful for a few years, but at least it is a chance to restart the republic again. We are just afraid of uncertainty I guess.

  • Sign me up for an organized bank run.

  • Bank run? No, bad idea, will hurt you more than them. Bank protest, big time? Yeah, all the way.

  • What we needed,was for the bailouts to go to the people. No,leave it up to them to give it to the already overly rich bankers to get excess amounts of money.

    Weve been designed to fail,thats how they do it,cause thier evil and thats how they roll.

  • Taxes on the middle class will raise! How else could the Dems pay for this?

  • We are all f*****

  • the breaking point....easy..rake up your cc debt...buy what ever you want make a few min payments...then default and go for a personal bk...in two years your credit will back back to normal and you will only wind up having to pay .20 cents on the dollar....TIME TO GET EVEN..

  • If the masses pull all their money out of the banks, that will push this recession into a depression! That is what made the Great Depression trigger from a market correction to the depression!

  • 2 trillion! Where the hell are they getting this money?!?!

    Take care of medical malpractice lawsuits which are a big part of why insurance rates are so high...the gov't isn't even addressing the problem - what a surprise.

  • US government should just all its people 1 million dollars each and say to them, run fast and run far.

  • Also, you need to mention that ALL citizens are FORCED to BUY health insurance! If you do not, you will be fined 790.00 at the end of the year thru THE IRS as TAXES! If you refuse to pay you go to JAIL! This is UNCONSTITUTIONAL..This is REAL STUFF!

  • LOVE your video posts! Keep it up my friend! :)

  • Do not keep any credit card with a yearly fee,

    Do not charge anything on a credit card that you cannot pay off within a month.

  • If the government would allow drs to deduct the cost of services provided to the indigent from their income tax bill there would be no health care crisis.. That solution is to simple and would not empower government so it will not become a reality.

  • Best Idea I have heard yet !

  • agree. it'll be a disaster, but they'll find a way to blame free enterprise. and the sheeple will lap it up

  • the problem is people will not start really wanting change til the dollar starts to lose its spending power - when the inflation starts you will see people getting pist

  • Thanks for the video!

  • Thanks Demcad. Great update! I think you're right; the banks and PTB would pay attention if we pulled our money out... and I like your new song.

  • Note the "Thumbs Up" was for the song at the beginning of you video..

  • I like the bank run idea. And maybe folks are buying electronics goods for escapism...

  • Thumbs up on the new song---And great vid/info as always.

  • Thanks for the video...My electronics purchase was a security camera system for the house.. Wife still thinks I'm the crazy.

  • you need electronics to fight a civil war......

  • Hey Reginald, I just listened to your radio interview. Good stuff. I think you're wrong on Ron Paul about his age, though. Even 1 year of Ron Paul as President would do more for freedom, liberty and our nation than 8 years of pretty much any other potential candidate that I know of. Maybe someone like Judge Andrew Napolintano could step in to his shoes, but not many can. Ron Paul, IMO, is a true patriot and would lead our nation back on to the right path.

  • He's 72 years old. By the time we reach 2012, he'll be 75/76.

  • I understand that he'll be old, but when it comes down to it what's important about a President? Their age or policies? His integrity is second to none. He always honors and abides by his oath to the Constitution. Surely he would be prepared for any contingency, including having the right people in place if the worst did happen and he passed on during his first term. Imagine the kind of awakening for freedom & liberty which would occur in America with Ron Paul as POTUS for even 1 year.

  • I wanted to add another reply... I didn't mean that you were wrong about his actual age but about the idea that he might be "too old" to be President. That's what I was thinking you were wrong about.

  • I totally agree with you. Had Ron Paul been elected we wouldn't still be falling down a dark tunnel to our ruin. Dr. Paul would definitely have turned things around. I'd prefer a 72+ year old patriot over a 30/40 something year old globalist anyday.

  • wanna live a long time?

    stay away from doctors!

  • All thats happening is that the systemis being changed from a debt based credit ystem to a debt bease, debt enforced, debt system.

    Right now, every man, woman, and child in the USA has been loaded up with $28,000 in debt by an accounting trick of the Banksters.

    Do you owe that debt? If so how?

    We 'bail out' the banks with money borroewed as loans from the bank to whome we now pay interest on their debt.

    Why not let the banks borrow their own debt and leave us all out of their scam?

  • If you research the ties between Gloldman Sachs and our Treausry Sec, you will come to understand the current we are in. They are joined at the hip with Geitner and the Obama administration.

  • 1) my breaking point was 6-7 years ago...

    2) lux items gaining because MSM recovery lies

    3) the healthcare answer is the same as all the other needed answers : MORE GOOD JOBS!!!

  • DEMCAD please sign the petition I sent you for stopping the goverment and Obama from taking full control of the internet. They want to shut us down from using the internet, This is serious. Spread the petition please

  • You need to figure out a way to organize as many people as possible to all pull our money on the same day. Quit using debit cards or credit cards and only buy what you have cash for. Watch them squirm!

  • Jp morgan helped get the federal reserve started by causing riots. He spread rumors that the banks were insolvent and people rushed to pull all their money out of the banks. They then convinced people the federal reserve system would add stability and eliminate the possiblility of depressions.

    They have switched us to debit cards and automatic withdrawls to limit us from withdrawing all our money. You are right the way to take their power is to pull all of our money out of the banks.

  • Its not about health care *care for you* but about health care INSURANCE. MANDATORY INSURANCE... guess how you will prove you have it? could it be the care with the RFID CHIP?

    mhhhhhh

  • that's exactly what needs to be done. People should walk to their banks and pull99% of their money. Just leave a few dollars to mantain the accounts open. That will get them all desperate and draw their attention. Great idea. Lets do it poeple.

  • To me thing went to hell in healthcare with HMO's before that I had Blue Cross insurance and it covered almost everything, after the HMO almost every company that provide health care cut corners and we have what we have today. I say if we go back to a system like the one before HMO's it would be better then Natonalized Healthcare

  • 1:37- 1:51..truth win!!

  • best way to protest is not paying taxes...which fund murder amongst other filth.

  • Yes, an organized bank run like this- Withdraw the currency that is losing value and buy silver....a monetary asset that GAINS in value. You hold it instead of the corrupt banks. When you need cash, you liquidate just enough to pay your bills. Its a pain, but what is the alternative? Take the power away from these banksters and put the power back in your hands...quit enabling these criminals! Just remember that the only thing that allows evil to flourish, is the DELAY in punishment...

  • Luxury items are being bought by more people because the recession is OVER...haven't you gotten the memo...DUH!

    lol.

    Demcad U rock!

  • Right on the mark! Your videos are getting better & better! Great journalistic delivery.

  • the debt is rising, the economy is sinking. you'd think we'd be trying to save money be cutting back on military expense. why do you think we're ramping up in Af-Pak under these circumstances?

  • don't use credit cards. Hehe yes bank run. See what people think about their "stable" little lives. Bankers and gov. employees are buying stuff, thats why it went up.

    If the prices of health care, because of insurance corps, were fair and reasonable, then we could afford it without gov. health plan.

  • Start buying your own medical supplies.

  • I think you almost got it. Government health care has nothing to do with health care and everything to do with money. It is a vehicle for for collecting money from every citizen so they can maintain their lifestyle.

  • and maybe the same thing they use it to increase their control over us

  • Five Stars!!

  • organized bank runs sounds radical but then again it is just another form of organized boycotts, which were prevalent during the great depression.

  • prices come down at the stores, people buy the so called bargains.. it won't last long.

  • You want to get back at the crooks? Buy and hold silver and gold bullion!

  • The bank run idea would definitely get our government's attention. I don't think it's the most constructive idea, it would send a powerful message we are sick of things though.

  • An organized bank run would remove money from the big bailout banks and create an influx to the small banks.

  • you might be under estimating the impact!!

  • exactly, saying your mad about playing game ie... protesting and still playing the game ie... paying tickets absurd bills etc...

    absurd taxes etc..... in the end we are still

    playing there game and there the dungeon masters.well anyways thanks for your opinion.

  • Thanks 'R' !!

  • if everyone marched and tried to pull there money out it would be a national disaster day marshal law would be implemented why because the money isn't at the bank it is gone baby gone!! blah,blah,blah, wining is all you hear nobody does anything about anything happening that is why there is no end to the possibilities of things to come .Whole bunch of feeble minded cowards all talking about run bambi run hide , hide til what your neighbors family friends are killed starved interned , u cowards

  • The scenario that I described involved an organized bank on the big bailout banks. Not the regional and small banks. Not the local ones. This bank run would lead to an influx of money to the small banks.

  • yeah march to the banks and pull you all your doe out is one way to get the uper hand on one faction /// heath care lol ok every one needs to stop playing in to the game of insurance it is a scam and so are union cuz thay take all your fund and you get fucked in the end if you could get rid of them your pay would be higher and you would have savings and you could have payed for your care if you needed it right out of you own pocket

  • well if everyone decided to stop paying all of our goods across the board would go down in price to the average consumer they would still want to sell because that is better than the alternative . As far as health care why not let them run it they control our food supply which makes us sick , maybe the same people that break us can fix us now that is a novel ideal . You broke it buy it would be a good concept for our government just imagine our shelves would be bare if they were accountable!!

  • The Bank Run is the best idea and people better start doing something. They are being ignored.

  • why not, pay 2 trillion dollars for some health care plan, were ONLY about 12 trillion dollars in debt.

  • We are living a real life nightmare! A 1923 Weimar Germany scenario is unfolding. Nothing like Imperialist bankers.

  • My healthcare solution. Make the gov't stick to ONLY its constitutional duties. Allow anyone who wishes, to opt out of the system - no SS, no medicare etc. Charge them 10% tax - I favor a consumption tax. Those that wish to have everything provided for them can remain in the system, continue to pay 50%+ tax and complain about the lousy system in perpetuity.

  • get the gov completely out of health care and the prices will come down, just like college tuition, get big bro out and we will be able to afford it all on our own,

  • Having money in the bank means that you agree with the system.

    Having paper money and not gold or silver means that you agree with the system.

    If you use paper money means you agree with the system.

    First 2 steps are easy to change. The last one takes more. But first of this: Stop buying things you don't need! Second: Ask your boss if he would pay you in gold or silver. Third: Find food stores who take gold and silver or are willing to barter.

    And dont forget: Pay all debts!

  • people are buying what they want to stay happy, its not a smart move, but thats what the sheaple want

  • like the new music a lot more............i just hit the limit with my wifes cards....they are like 29% interest!!!??? ...i snapped and im just not gonna pay, im not playing the credit score game anymore

  • Check out -INFORMED CITIZEN NEWS

  • Reg

    It's time to bug out brother ... I hope you got a new bag.

    Good luck god bless

  • paypal

  • good work

  • We should fix the existing problems like defensive medicine because we don't cap medical malpractice awards, cost-shifting due to illegal immigrants, and other issues that can be taken care of. We don't know how expensive American healthcare truly is until we take care of these issues first. If your car was getting worse and worse gas mileage. Would you try to fix the issues causing the decrease in gas mileage or would you just buy a new car. Obama is arguing we should just buy a new car.

  • I pulled my money from the bank a year ago. Just enough to pay bills- nothin' else.

  • intro music much better now

  • Do what the indigo,crystal,and star children do. They know the deal !

  • Precisely why I no longer (and haven't since '07) keep money "in the bank."

  • Take your money out of the bank and cut up your cards... Hit them where it hurt$.

  • I love your intro bro!

  • yo dem..

    you need to add Yankeeprepper to the list of people in the side bar.

    trust me...check him out!

  • hear me out dem..

    dont ever change the intro music.

    you are like my every day news and i need to hear that. dont make me unsub you :nono

    im a huge 5 star fan :)

  • Pull money out of the banks in protest??? These people don't have money in the banks they have debits to the banks and no way out. Its too late! The real protest is to avoid credit cards.

    Don't buy what you can't afford or you are making yourself their slave.

  • Obviously he's talking about the people that still have money in the banks. Pulling money out of the banks would be an excellent idea if people could pull enough money out in one day or so.

    Avoiding credit cards would help, but for the immediate affect of getting the point across, it wouldn't do much.

  • people are losing large sums of money due to the government but now because of the government they can still have their health HAHA. I wonder if the doctors we have to start shipping in from ecuador will be any good.

  • What I would do for healthcare is create a public health insurance fund that does not run for profit. People and firms can buy into this fund it thus would not cost the Govt anything, you then import cheap (but identical chemically) drugs from Europe to reduce prices as well. Most of the price of healthcare is in profits, by providing a non profit option you can suppress margins across the entire sector reducing overall healthcare costs for everyone.

  • While that is an excellent idea and in theory could be an almost flawless solution, you have to remember what happens when "non-profit" and government meet... not the best track record.

  • You know wat I think? NO MORE GOVERNMENT INTERVENTION. Just say no to the current health care bill.

  • Each payday I write the checks, then I withdraw all the excess cash. This leaves less than $10.00 in the account after the checks clear. Credit & debit cards are cut up. Cash is king. Eating out is at a min. Instead we eat our growing stock of food. Silver purchases occur when extra cash allows. We are prepping the house with extra security lighting, water filters, rain cisterns, etc. It will be best to be off the grid, independent as much as possible. Keep your money out of the banking system!

  • 2 trillion dollars more imported debt. That will keep the GDP healthy for a while, at least to 2011 when the real crash happens. Then, 2009 will be considered by many as the good times.

  • Organized bank-run would weaken the dollar. It is barley holding any value now, so maybe we should question the motives of those who introduced this idea.

    As for Demcad he's doing the right thing by questioning it and opening it up for discussion. These topics should be discussed objectively, unbiased, and without emotion in in-order to reach a wise informed decision.

  • nice intro music. you should hear UPRISING by Muse.

  • i think the luxury items are more poular now because people are feed up with the credit card companies and are splurging and dont plan on paying it off and just declairing bankruptcy at least that is how i would do it lol.... damn banks

  • I heard today a comment that seems more in tune with reality: The majority of people won't do anything until they have already lost everything. A little too late by then if you ask me.

  • Sneaky adds down the road indeed! That's the M.O. now isn't?

    The increase in various tax are have begun and will gain momentum post holiday season most likely.

    This maybe the final tactic used to break the upper-middle class and the responsible consumers.

  • Listening to stream but too lazy to join that site atm. Canned food is a good idea I would say. Why? Dr Pasteur that's why. You can eat soups, beans, chili, dinty moore, tuna without heat and your guaranteed to have something pre cooked via the canning process. I store tuna in water as part of my sawyer stash. Stores 4+ years.

  • And one more thing,  can you remember ever having received a THANK YOU card from the bank for letting them use YOUR money to loan to YOUR friends, family and community ? Probably not, but that's ok, who the heck are you in the eyes of the lords of cash? Nobody?

  • They are not using your money to loan. They are using it to create 9 times the amount out of thin air (10% fractional reserve banking), then they loan that. The 10% reserve is to cover any withdrawls folks might want to make. This is why an organized bank run would actually close the bank.

  • The electronics were all on sale in September, a lot of people lost their jobs, and before they can loose their credit cards, they charged them and got things they wanted, and things they may need later on. Also school shopping is done in September.

  • A+ as usual. Fix shirt next time. Got to be your own makup for show prep lol. Hey this Social security thing about cost of living being less. Do ya'll think that's bull shit? I do. If bills have gone way up how can COLA be lower? SSA is broke that's the truth I think.

  • nice new music, thanks for mixing it up.

  • I think the things that people are buying are for the most part items that they can enjoy at home. People will go out and buy things that will help them enjoy being at home if they feel that they are getting ready to be in a bind for money.

  • Just for those waiting to take their money out of the banks .......................stop waiting. I cashed out the Monday before last, I only left $100 to keep the account active. We gotta stop dreaming about doing it and take action NOW! You might be thinking " I won't make a difference," but think of it like this, If your account is overdrawn by just $5, you will get emails, bank letters, threats and could even go to jail. EVERY DOLLAR removed COUNTS!!

  • JP Morgan is the worst.

  • my money is pulled out of bank of america. my checks go straight into silver, getting a gun, and food. no more cash for me. all this tax and inflation has caused me to take a less stressful lower paying job. its not worth it to try and make a lot at this point.

  • DEMCAD, the point of all of this is to drive the deficit up so high we cant pay it, make the dollar worth so little everyone drops it and the dollar crashes. countries all over the world are already dropping the dollar as you know. then they will introduce a new currency that we will have to expet because are dollars will just be tiolet paper. look inot this treay being signed in copenhagen at the end of the month, its not good.

  • maybe people are getting less scared so they go shopping a little more for electronics and things. or maybe before the go bankrupt they go and on a shopping spree.

  • i feel everyone is spending and giving it there best to make things better but its gunna run out because there are no new jobs.

  • Everyone should pull all their money out of the banks, burn all their credit cards and piss on the flames then post a video of it on youtube.lol

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  • Well, as far as healthcare goes I will stick to my original comments on the issue

    If you want to discuss the "high cost" of healthcare then ok let's talk about the COST and not this never ending coin toss about who's gonna pay.

    Determine why 2 aspirins valued at 2 cents cost 6 bucks at the hospital for a key clue...the rest will be easy to follow.I get thumbs down every time I make this comment

    This is about the high cost of health care isnt it?

  • As an addition to my comment, I'll be 51 in Dec. and I have yet to have my first credit card and I will continue to turn down offers if they start up again for some ridiculous reason. Also no bank account either

    No thank you to any of that nonsense

    It is far easier to save money than it will ever be to make it. Yet on the credit report ads I'm portrayed as some type of lower class subservient member of society

    Who spun it so that debt equates to status?

    Stupid concept don't you think?

  • I guess when we all do that the chip and a cashless society will be next. Imagine getting a chip maintenance tax! Oh yeah and the chip monitors your flagiliations ergo an additional methane emmissions tax. I wish this was even a joke.

  • I like the new intro music.

    I won't pay more than 6% on my credit cards. BOA raised theirs to 9% and I promptly applied for a card from a smaller bank at 5.4 and stopped using the BOA card. Then about 2 months later BOA dropped back to 5.5 (surprise). When I called them on another matter they asked me if I had a problem with my card. Looks like they got the message.

    I'm buying the electronics I want before the dollar crashes. You won't be able to buy new items this cheap ever again.

  • Keep an eye on Pakistan. There was a 7.2 Billion package signed today by Obama. Google: Kerry Lugar bill.

    There is going to be a ground war in Pakistan in my opinion.

    And, I do not want to see American troop on the group in Pakistan, or anywhere else for that mater.

  • If a bank holding your mortgage goes out of business, what happens to the mortgage?