Why Are Dems Signing Up For The Bush Shock Doctrine?

[greateststarbyfar]

theres a book that was on the new yorks best seller list a year ago called "dont trust anyone under thirty" why because the kids in this generation have the lowest aptitude scores in history. now we have a president who is greatly under qualified running a very serious fragile economy. the democrats are out to lunch. they are very miss informed about a great many things. we have a problem with muslim extremists. and if this administration lowers its defences 911 will show up again.

[greateststarbyfar]

hahahahahahaha you people who put your faith in obama hahahahahahahahahahahahaha now you see your intelligence levels o hahahahahahahahahaa

[filthyfun]

first of all the fed isnt legal... all it does is fuck over. The real spot that would work is form unions, live small, eat small, don't drive a car don't vote for dems or rep. their just people. and if we havent learned anything its that people are stupid! peace out.

[radissus]

Don't blame me; I voted for Ralph Nader!

[chopwallace55]

Go for it Cenk my man, Some one should be taking notice in your country!

[torremalku]

Republicans and Democrats are the same, they are using theatre in the media to make us think they are different parties.

[torremalku]

Cenk, forget about the Republican war party. They are bought and paid for by European bankers, and the agenda is to enslave us all.

[drgeeforce]

Cenk,

WELCOME TO THE INDEPENDENT PARTY!

[cg66079]

OMG!WTF! Under the proposed plan the fed will buy the bad debt at "hold to maturity" value rather than market value. This means that they will get approx. twice market value. The banks would turn a profit at the expense of the American Tax payer.

"'It would represent a massive injection of new capital into the US banking system - for which taxpayers would receive nothing in return, except for the assurances...that their banking system would not collapse,' he said"

Reported by the BBC

[cg66079]

The Dems are going along with this plan because they know if they don't and the country goes into the biggest recession/depression since the 20's, the Republicans will turn around and blame them for letting it happen because they have the majority vote in congress. Then all of a sudden McCain would say that the Democrats caused the recession and people would believe him and he would rally behind him swing voters that otherwise would go the other way.

[counterspinyc]

cg66079 ---> According to all the numbers, we've been @ America's "Depression numbers" for a while now. Hence, we're already there. It's only an illusion thanks to credit cards & multiple mortgages...and we see where this is going.

[cg66079]

It doesn't matter what the truth is. If the Dems didn't support this bail out the Republicans would automatically blame everything on them. The strategy is if you say the same lie enough people forget where they heard it and since they heard it in multiple different places they assume it is true. There is a name for it, but I can't remember it. One of the Sociology classes I took for my minor was Propaganda Media and Society. It has definately come in handy this year.

[malik910]

they want us to pay for the losses while we dont share in any of the profits

[malik910]

these are the same people who are against welfare and affirmitive action. Not only do they want 700 billion dollars from the tax payers they want us to just give it to them witout asking any questions.

[A86]

I can't get over this. We spend more a month on the war than on all social programs a year and the Right considers the amount spent on social services "outrageous" but finds the amount we spend on the war and golden parachutes/corporate welfare just fine. AND IT'S BEING PAID FOR WITH OUR FUCKING TAX DOLLARS.

Corporate CEOs might as well just have showed up on TV with ski masks and said "Dear American citizens, this is a stick-up. Put all you tax dollars in our coffers an no one gets hurt."

[A86]

This fucking corporate bailout crap is a fucking travesty. Anyone American sitting around claiming socialism is the menace we need to be looking out for has their head so far up their ass that they can't see the light of day. All social services combined cost less than $80 billion/year but we just spent $85 billion bailing out ONE fucking company and today $700 billion was spent bailing out more.

If socialism means good free services and control by the people I think we should start trying it.

[hypnofan35]

i think the answer probably is give the rich the baby harp seal treatment and throw them in the slams until they give up most of their holdings. The difficulty with people is that they tend to believe if they stole something or won something that it was "hard work" and everyone else can just suffer. If we go through a little "hard times" we can adjust. The only thing we really need to do is break the necks of the Bush people so they don't rise ever again.

[MrRightAllTime]

go buy your friend's house for way more than its worth, split the money and let the bank take the fucking house back.

[FattKidd]

Cenk, you need to finally come to the conclusion that the DNC leadership is in on this. They are the left wing of the GOP. There is only ONE FUCKING PARTY RULING THIS COUNTRY (and I said RULING not GOVERNING) and that IS WALL STREET!!! For fuck's sake, WAKE THE FUCK UP ALREADY! Look who is on Obama's economic team for Chrissake! Look who's on his foreign policy team for FUCK'S SAKE! He's got the same people surrounding him that have been around every administration of the last 30 fucking years!

[yumabilal]

thats why im idependent. . the 2 party system is a farce

[DblOSmith]

i'm with you 100%

[iTellYouNoLie]

because they are working together, and always have been. you waking up yet? or you got your blinders on for them dems. there is no left/right. thats just there to keep you voting for one of them.

[subzeromind]

Run Cenk Run

Run for the House

Run for the Senate

Run for city council

Just Run!!

Run Cenk Run

copy and paste if you agree

[beatbrain]

Run Cenk Run

Run for the House

Run for the Senate

Run for city council

Just Run!!

Run Cenk Run

[itubeutude]

I'm still waiting for someone to come up with another choice.

Please let me know what that is.

[iTellYouNoLie]

cynthia mckinney, ralph nader, chuck baldwin, bob barr, those are the good choices. obama=mccain.

[itubeutude]

choice as in another option, a plan to solve the crisis that doesn't involve a global economic break down.

[paxout]

The prodigal son gets to eat the fatted calf. He spent his money on whores, but he gets bailed out.

[Ayepooted]

Dont vote Obama because your black, you are better than that in your heart. If you believe Obama can ACTUALLY do the job, then vote, otherwise empower yourself with knowledge, instead of anger from watching the media circus. Dont vote McCain if your just white and elderly, VOTE HOW YOU UNDERSTAND, not how you're told to by media retards.

(if you are a true christian, there is no way you can vote democratic, you dont have to agree with it, but, it's what God would expect)

[silenceisstupid]

God wants you to bomb your neighbor premptively and he also wants him to pay for his own health insurance.

[Stickygirl1]

Dems and Reps are playing us all. Elections are just a comedy show to make us think we have influence in what they do. Lets fire all the BUMS. Excecpt Dennis Kucinich, Ron Paul and A VERY FEW OTHERS.

[milofonbil]

Cenk,

Since they've been scared into doing the first part of the deal (getting the government to borrow a trillion dollars to pay for all of these foreclosed mortgages) what happens to all of the commercial properties and homes the banks owned? I assume the government will need a whole new branch to deal with selling off the properties for nickels on the dollar. How does an ordinary person like me get in line with the billionaires to buy?

[nidan206]

Cenk you're not adem you're a libertarian! come to the light side!

[Williamkurk]

Cenk is dropping the political science like it's hot.

[IcyKitty]

This is what the Bush Administration has been doing over and over and over again.

Keep speaking the truth.

I so wish there was a STRONG third party that would stand up to the Republicans....

[MeDammitt]

Keep speaking out man!

I personally could care less if the whole global financial system collapses. It will put all those greedy CEOs right next to us in the soup line, LOL!!!

BTW As a taxpayer, do I now own AIG, and Fredie/Fannie, and all these other companies? Cause I gotta tell you, I'm thinking about firing some of the bosses of MY newly aquired companies

[manbearpig5000000]

so true, why can't Ron Paul just be in charge of dealing with this... that is to say by not dealing with...

[mickeysears]

Because Ron Pauls solution will result in many companies being allowed to go under causing Trillions of Dollars to evaporate. Many stock portfolios and housing values will drop by large percentages and jobs will be lost. But the reality is that it's either allow that to happen or artificially prop up the market with inflated money and allow a systematic takeover of our economy into socialism. What people must realize is either lose some now or lose everthing later. I guess their answer is later.

[ridaq]

tell it like it is cenk

[Deepstarr7020]

Offshore Bank accounts and invest in gold.

[mickeysears]

What are we stupid? Well yea. Not because of this being a Republican v Democrat thing but the fact that both parties are to blame and are up to their collective eyeballs in this. The fact that this whole financial meltdown was caused by The Fed and not deregulation. So the Shock Doctrine is that if we don't put on massive regulation and inflate our currency to unpresidented levels, the world will collape. This is nothing but the biggest takeover of the financial markets since the Feds inception.

[mickeysears]

The Fed caused this meltdown. So what is Cenks answer. To give the Fed much more massive regulatory powers. He talks about "The Shock Doctrine" but can't see that he himself has been shocked into handing over total power to the government to protect from it happening again. How is it that he complains that we handed Bush too much power to invade another country and take freedoms from us through The Patriot Act, but can't see that he's willing to do the same thing in the financial markets?

[mymanjay]

I agree it is becoming harder and harder to believe in leadership because there is a lack of leadership. I think that there is too association going on

[pwg357]

Hell fucking yeah Cenk.

Control through fear. It has been and always will be the name of the neocon game.

Why is no one voicing ANY opinion on how we are going to punish these fucking corporate slime bag traitors. If we have to bail them out then they have to PAY US BACK!!!!!

I say raise taxes WAYYYYYY higher for people making over a million a year (aka CEO's). If they don't like it they can fucking leave our country and go sell their deregulation curse to some other group of dumb saps!

[milkgodnl]

Here! Here! pwg357!! .. The bailout plan must tax the rich until they pay off the 2 or 3 trillion dollars it takes to correct their shortsighted greed. .. and if they expatriate to Paraguay they way George W. Bush and the Rev. Sung Moon have already been planning to do, we Americans get to revoke their citizenship and seize their assets to pay down this unauthorized tax.

[KARStarla]

The great depression was simply a transfer of wealth and thats what we are seeing but we are only being told its a pull together thing to get the rest of whats left

[seidliczech]

I agree with him, the democrats are really so stupid.

[BottomContributor]

Democrats = Republicans appealing to smart people but with the excuse that they are weak and give in.

[rollsthepaul]

We have no leaders. The country is coming apart. How dumb; well vote Mccain and that is the next step of dumb. Go Cenk. If Americans choose to be that dumb then they deserve the outcome. Maybe something will be learned when things get bad enough. Make no mistake; the bail out scheme delays but does not solve the total economic collapse of the US. Hey folks, we all have the downstairs apartment in a shithouse and you know which way shit flows. Why is my asshole so sore?

[dragonlancefire]

Cenk thank you. Someone understands, and they call this bullshit capitalism.

[mickeysears]

Cenk doesn't understand and this is not capitalism but a socialist takover of our financial markets. The plan is always a finacial collape and than accept massive regulation. Why don't Americans understand that the end goal was the massive regulation in the first place and that's the socialism part. Why is this oblivious to Democrats and Republicans alike. Government regulation is socialism lite but The Fed now has bought private businesses. That's socialism heavy.

[dragonlancefire]

I agree 100%. I was reffering to everyone on the news network saying that "The Government had to step it". Why? We have a free market economy when companies fuck up like this they die, case closed, and everyone who was dumb enough to get in bed with them wakes up the clap. This isn't capitalism, it's bullshit version which is capitalism for the poor and middile class, and socialism for the rich, or in other words, flat out robbery.

[milkgodnl]

.. Oh! It's all clear to me now. Bush, Rove, Cheney, and the Republican Party have been conspiring with the Liberals all along to institute massive regulation of financial markets! .. uh-huh ..

[mickeysears]

Right. You think that Bush can run anything? But yes. The leadership in the Republican party and the leadership in the Democratic party knew who is really in charge. The big banking, oil, and drug interests through lobbiests are in charge. These politicians are bought and paid for. Or maybe you just think that 100's of millions of dollars are spent to get morons elected that screw up and things just happen that end up enriching the already rich and cost the unconnected poor.

[dlacc187]

cenk, your argument would be great if you had said this before the current economic situation. h

ad AIG gone down, it would have triggered something horrific.

whatever would have happened, the average person would have been FUCKED anyway.

[KangaKucha]

it almost seems like the Bush goverment reates these crisises to shock their opponents into doing what they want.

[KangaKucha]

likly cuz the democracys and republicans what to stop fighting and fix things, but its a bad plan, the only thing good bout it is the srums the comsumer, which always pays.

[xiwow]

nice have you seen ziegiest on google video

[chaseef]

And Obama will inherit this mess, and history will probably blame him for it too.

I might be wrong, but i think things are going to get alot worse over the next 2 years.

[lookslikepat]

AND they'll do it again, since they got bailed out this time. So it'll happen again, and again, and again...

[Wendy62]

Bush gets more loyalty by fucking up. That's been the pattern ever since 9/11.

And I about halfway believe it's because there's so little difference these days between Republicans and Democrats.

The other half of me thinks: They ought to expose him just so they can win a Presidential election now and then.

Do you suppose the GOP pays the Democrats to keep failing?

[cleftronix]

Clinton is responsible (he started the de-regulation), and so is Bush who accelerated it. Both sides.

ANd now these bailouts mean that the fed will cut interest rates by priniting more money for the bailout...money that we do not have. This will weaken the dollar to a point where gas prices will shoot up to 6 bucks a gallon. If you have money in the bank, invest it in the Euro...QUICK! The dollar is about to lose value and weaken in a big way.

Both sides did this. 3RD party anyone?

[alaynak123]

Actually,the feds decided AGAINST cutting interest rates when they met this week.

[dragonlancefire]

Finally, I guess they decided they printed enough money and need to stop killing the value of the dollar.

[KangaKucha]

I'm starting up a Labour party.

[cleftronix]

Damn Cenk you right, and you sound like a conservative here (bush is NO CONSERVATIVE.)

It is Dodd and Shumer and Bush that got us into this thing...both sides. The only way out as Cenk correctly points out, is to NOT bail out the companies. Let the market work itself out, and let the banks fail...NO BAILOUT! That will be harsh, but it fix the system. It is the only correct thing to do. But buying into Bush's bail out will make things worse.

[driubi]

this is why we have to pay for it cenk. We bought into DEREGULATION bullshit.

Whether we bail out the industry or not, we're going to have to pay for it.

Look on the bright side. We can all tell ron paul supporters to STFU now.

[mickeysears]

That's funny. Ron Paul and his supporters have been saying that this will happen for years now. That The Feds money policy is the cause of this, not deregulation.

[johnsonb2007]

EXACTLY TRUE CENK!!!

[Ba101]

They are rich.

Anyway, they want to get re-elected and don't want to be responsible for the depression.

Someone asked what Bush was going to do before leaving office-- Savage, I think. Someone knew he was going to stick it to us one more time.

"PROBLEM"(caused by deliberate DEREGULATION) (shock)"Reaction" from public; blame someone else; announce a SOLUTION that would benifit THE AGENDA and tell us it is the only way.

We followed like sheep after 911 and again now.

[bleunt]

That's the problem with a two party system.

[Wendy62]

It's the problem with OUR two party system.

[flrbase1]

In other words, Cenk you are right, we should not bailout wall street but politically you are wrong. We all know that its the Republican fault but it the Democrats who will not do anything about it.

I consider myself a sophisicated voter but all a low information have to do is open their 401K/403B statements and see the losses and they will say, lets bailout wall street see what happening to mt retirement.

The shock doctrine work politically that why the GOP uses it

[flrbase1]

The shock doctrine work because of talk radio and the Republicans abilty to put democrats on the defensive. There is a book out there called Echo Chamber and it dicusses how the incessant "talking" points of CON radio have swayed Americans to Republican position. Last example was Drilling issue.

Democrats understand that if they fought against this bailout, they will be  seen as the opposition party and the blame will be put on them

[aretia]

It's a disgrace, but I fall for the whole shock thing too. The Bush administration knows how to take advantage of scary times - like they took advantage of us after 9/11 and said, "we have to attack Iraq, REMEMBER 9/11 IT COULD HAPPEN AGAIN," and now they're taking advantage of us "we have to bail out Wall Street, REMEMBER ALL THE FORECLOSURES IT COULD GET WORSE"

I'd be furious if I wasn't beaten into submission by this worthless excuse for a government. Not at all proud to be an American.

[Ba101]

WHAT WILL BE HIDDEN IN THIS BILL????

One of the other bail outs included a provision to have all of our charge card transactions recorded and sent to the IRS. There is a video on Youtube where Ron Paul talks about voting on that bill. He recorded it on the same day.

[darkkittycry]

I still don't understand why people are just going along with this giving away a trillion bux. I'd at the very least want the CEO's and CFO's and anyone else responsible in jail and stripped of their earnings.

[Ba101]

They are dumbed down, drugged up (even by the water they drink) lazy sheep.

And they listen to the (self serving)talking heads and believe them.

Apparently "we the people" are not involved in the process. "we" are "the great unwashed"

[studio7manga]

This is why congress's approval rating is lower than bush. It's like retards getting fooled by other retards...

[J8g1]

lol

[mickeysears]

You think that all these elected officials, that went to the best law schools, met the right inside people, and been groomed with inside information are all retards. And obviously others think like you because of the plus ratings. Their the ones that make their clients richer and get the great benefits and great jobs after public service. Who are the retards again?

[studio7manga]

Well hello there Mr. Serious. Just what are you going to do about this conundrum then...

And honestly a lot of them really are idiots, take that congressman on the movie Religulous for example.

[orientrat]

I can understand the reasoning for the gov. bail out of all the banks. If they fail, the government would have to foot the bill on all of the federally insured money that ppl have in these banks anyway. However, i don't agree with Paulson's plan. There are better ways to solve this problem. If we pulled out of Iraq today, within ten months we would have already saved up enough money to finance the bailout.

[HeartofdraknIsAlive]

The Shock Doctrine is selling off the government to the private enterprises. The title of this video is way off because what is happening is private enterprises are being bought up by the government. Normally you guys are spot on, but in this case you got things upside down.

[Leomir]

the point cenk is making isn't about privatization vs. nationalization. it's taking advantage of the shock of disasters to push through otherwise unpopular policies. Klein talks about privatization which is the "what", but the shock is the "how" (which is arguably what makes it so unsavoury) and it's the latter that cenk is talking about.

[HeartofdraknIsAlive]

The title has "shock doctrine" and the shock doctrine is not what is happening. The shock doctrine is very specific. The title should have been worded differently.

[Leomir]

well well well... Naomi Klein herself said that what we're seeing here is the Shock Doctrine in practice. :)

[HeartofdraknIsAlive]

Only in the sense they are capitalizing on a disaster. Not in the sense of the complete shock doctrine which says that the government must sell off the government bit by bit until nothing is left. This is a case of doing a 180 on the doctrine. Yes capitalizing on the disaster BUT instead of selling off the government they are socializing a part of the economy.

[HeartofdraknIsAlive]

I know what Naomi Klein thinks because I read what she writes and I also teach parts of her writings. I know what I am talking about so you can give me all the thumbs down you want, I am correct on this and you are wrong. end of story.

[Leomir]

LOL... look, I didn't vote your comments down or my own up. It's great that you're a teacher. I didn't post to offend you or anything. I just thought that maybe you're missing the forest for the trees. Yes, Klein's book talks about the shock doctrine used for the privatization and free market reform. And no, the current bailouts does not count as one of those. But there's no reason to restrict Klein's message about the dirty tactics to the specific examples she uses to illustrate it.

[Leomir]

Nobody ever claimed that this bailout is market reform or privatization. I'm saying is that it is an example of a pro-corporate policy made at the expense of regular people being pushed during times of crisis, and as such is a perfect example of the Shock Doctrine. Now we can disagree on what the Shock Doctrine is, but as for what Klein thinks about this specific case, you should read her website and check out her interview on the channel.

[crazytvfan815]

You know, if they just raised taxes on the top 1 percent more than Obama plans to, so that they could pay for this, I would be happy. Of course, they won't, but I can dream...

[milkgodnl]

What happened to The Invisible Hand? Why must the Tax Payers foot this bill?

[RealCaptainAmerica]

If Dems don't go along with it, Bush, Feds, and Republicans will blame them for it.

It's a sad, sad day. It will take many generations to pay for this mess.

[swaggajee]

SOOOOOOOOOOOOOOOOOO FUCKING STUPID!!!!

It's not like another insurance company couldn't fill some, or most, of the vacuum left by AIG. IT'S CALLED CAPITALISM!!!

[Dyne77]

Both parties have betrayed us. Vote 3rd party 2008.

[josh22922]

the dems are evil too. Just a little less than GOP.

[sabiki74]

Thanks to Youtube, we have been ahead of the curve on this collapse for some time. Now, if the predictions hold true, the economy should eventually collapse. All we are doing as a nation is trying to hide the wound from the world. The game is up and all we do by applying a bandaid to a gunshot wound is to put the depression on our kids. Let's buck up and get this thing over with!

[JiyuuDaiIchi]

We need to stop calling what the neo-cons come up with as "plans" and start calling them what they rightfully are... "schemes"

[cabbey6]

Absolutely no balls! That's why I refuse to call myself a Democrat. Their guy gets impeached for lying about a blowjob, the next guy comes around and lies to get us into a trillion+ dollar war, slashes the geneva convention, constitution and decides he's going to create laws with signing statements. No impeachment for him? ... No cutting off funding for the war? I still don't understand that, someone please talk me down.

[milkgodnl]

There's no way I can talk you down.

.. simply outrageous!!

[sx200ser]

any thing that is done wrong can be fixed. they are just prolonging the shit hitting the fan. and it will, its not the tax dollars per say but printed money from the fed. inflation = destroying the dollars value. we know what things cost 20-40 years ago, the dollar was supposed to be stable and tied to gold it no longer is. its gonna come time to tax the rich, the poor can't afford it and will suck on welfare, tax the rich lift the poor and deflate the money supply more pumping won't work

[DeletedDelusion]

The average citizen is going to pay for the irresponsible gamble of big business anyway,

like they always do...

Bailing them out might be the the lesser of two evils, but there should be a debate about it. The help shouldn't be unconditional, it could come with a handfull of guidelines and regulations to prevent future events like this.

[chimeradave]

I'm with you on this one. We should just pass stricter regulations so this doesn't happen again and let these idiots on Wall Street dig themselves out of these financial holes.

[godzillaislarge]

its the illuminati and new world order, thats why so much crazyness is hapening fast.

[mmmtoblerone]

THEN you turn around and talk up how much $ it took to fix THEIR mess and how much cheaper to avert the mess with regulation and better DEMOCRATIC policies. McCain is still taking a punish after the fact stance as future policy. Obama needs to say that we know there have always been and always will be greedy people. Instead of telling them not to do it and then slapping them around after you are stuck cleaning up their mess, let's make it so they can't do that to us in the first place.

[mmmtoblerone]

Economy is a lot about emotional levels at this point.  If people keep seeing the market crashing, they start taking their money out of not only stocks but banks, etc. and it is the run on the banks and the markets that causes the crash. They HAVE to do something to keep some money in the system and to keep the people thinking that it will be okay. That's one lesson we did learn from the Depression.

[cabbey6]

I don't see it that way. Devaluation is a natural and valuable process. This is devaluation without fixing anything. This is a joke. The dollar will go to shit. And every moron will gawk and clap their hands because the "Dow Jones went up 3%, Our GDP is growing, we're not in a recession.. YAaY!" .. as the Dollar goes down by 20%.

[mmmtoblerone]

The dollar will go down either way. It was tanking when there was panic. The tightrope is calming people enough to avert a devastating panic, keeping enough money flowing to keep the economy walking even if it won't run, and do it slowly and carefully enough to not mess up things even more in other ways. This is exactly why we need democratic regulatory economics. There are no good answers once the shit has hit the fan this hard. It's all damage control. If only we had all that Iraq money!

[cabbey6]

Not true. If they continue to print more it will only lose it's value. That's what all this is about. Print $1B sent it to Georgia, Print $500B pass it around Wall-Street... sure some of it they borrow... what they can't borrow they will fabricate out of mid-air. that's the strategy of this administration. bloat the debt, handicap the next guy, pass through unwise reforms that could only happen in a crisis (that's shock doctrine baby!)

[luvangel330]

I knew you'd be pissed....

[dustynbones]

The Progressives and Conservatives both of whom are suppose to be considered in the Democratic Party should be demanding 50% to 80% payment cuts in Insurance & Housing payments.

Banking Fees should be drastically cut, Interest should be substantially increased.

[stevenyou]

hhmmm this one seems a little iffy.. cenk didnt even offer to explain why he thinks things will be better if we refuse to bail out AIG... still a big fan cenk, dont get all crazy thinkin i stopped liking your show!!

[RexT42]

I'm being totally serious here, but what other options do we have besides bailing out these big companies? I'm not too thrilled about bailing these guys out either but, at least to me, it seems to be a necessary evil.

I'm really trying to understand this better. Is there some other option that people aren't talking about?

[AustralianStallion90]

The major problem here is that people keep saying "we" and "us" in reference to bailing out these companies.

We aren't going to notice a difference whatsoever. We will barely pay anything.

[AustralianStallion90]

Cenk, I normally love your videos, but do you know anything about economics? If you did, I'm not sure you'd be having this conversation.

[Oli3TB76]

Yeah, agreeing. Im sure it isnt as simple as that

[UGOTDAJACK]

Shit's starting to snowball fast. Today was a critical point. Basically 5 of the worlds largest banks got together and said, I'll print some money and give it to you, and you print some money and give it to me. Meanwhile china, who owns more than 60% of the U.S. dept had thier stock market crash harder than ours, and it's being completely left out of the loop hole. I can see them comin around Sept 30th at the end of the fiscal year & selling all thier U.S. T bonds causing the dollar to collapse.

[cabbey6]

Wrong! ;) They're are just going to continue the slow but steady purchase of all of our assets- both physical and financial. Why kill the cow when you can milk it for decades?

[UGOTDAJACK]

Maybe you don't understand the agenda of the NWO. Maybe you don't BELIEVE in the NWO but never the less, it still exists. The window of oppertunity is only so big. If the dollar is to collapse then the time is now. All the tell tale signs of a collapse are here. The super highway linking mexico, america and canada together is already under way. The chinese stock market is in terrible shape and the value of the dollar declines with every day that passes. The amero will be your new currency cabbey

[cabbey6]

You listen to too much Lou Dobbs. I'm more of a Klein Shock Doctrine guy. They are bloating the currency, to handicap the next administration into passing insane reforms that handicap his 'liberal' agenda.

[TokyoNiGHTS1]

The big problem from the Democrats perspective, and especially Obama's, is that if they would've opposed this then it would've been what Republicans ran on for the rest of the year. They would be using it as proof that Democrats don't care about regular people. And given all the "fear" that has been injected into it if this didn't happen, there would be a good chance that it could've worked.

If Obama gets into office then he can put strict regulations on this, and it won't be so bad.

[UGOTDAJACK]

The REAL reason Obama's going along with this is because his "advisors" are apart of the NWO. It's not a coincidence that america is on the brink of its dollar collapsing making the rumours of the amero seem like actuality. It's not a coincidence that there was already a plan to invade Iraq before 9/11 even occured. It not a coincidence that anthrax was sent to people who opposed the PATRIOT ACT with misleading letters that made them look like they came from muslim extremists. America, WAKE UP!

[mickeysears]

It looks like America is not going to wake up. All we seem willing to do is cower and hope that the powers in charge(our government)take pity on us and some how do the right thing and stop stealing from us and allowing big business off the hook. We'll get mad at the Repubs and vote in Dems. Then we get mad at the Dems and vote in Repubs. We cling on to the few dollars we have left and let our government make them worthless too. The cure will hurt but at least it's not an endless nightmare.

[TheGiantRobot]

Cenk, man, I hope you get famous and run for office.