Did the banks cause the housing crisis or did buyer's, being stupid by listening to Realtors (housing always goes up) cause a good part of the problem?
For Americans to get a real take on Canadian Banks please watch above video CHRIS HEDGES ON RON PAUL NO REGS, OBAMA AND THE REST!! I CAN'T BELIEVE THE BULLSHIT I AM HEARING!!! ONCE AGAIN REPUGS SEND OUT DISINFORMATION!!
@487shawn yeah its obvious what the repugs and ronbots want you to think proper regulations dont work , and when confronted with the truth they resort to death threats, and outright lies
i will go talk to our canadian government eh? get you a big loan eh? 700 billion 700 trillion anything you americans want and need eh? freshest supply of water and natural gas eh? destroy our communities by turning nature into industry for suv's and trucks for every member of the family? no problem eh. FUCKIN LEARN TO CONTROL YOUR SPENDING ASSHOLES
@httm241 economy of canada completely stable! the only way to live happily is to live in a liberal society. Just look at the european countries and Canada. We regulate the banks and don't ban abortions and provide universal health care because we care about each other.
@darkknight302 I hate to disappoint you but the Canadian banks are essentially insolvent. Canadian GDP is about $1.8 trillion and the 5 major Canadian banks have off balance sheet OTC derivatives of almost $17 trillion dollars. Canadian banks have been subsidized for years & received almost $200 billion in bailouts via the BoC from 2007-2009! Canadian banks are among the most unhealthy banks on the planet! Nixon, Downe, Clark, McCaughey & Waugh should all rot in prison for accounting fraud!
@TheHybridSlinky they are regulated so they don't make stupid outrageous bets like american banks and some european banks did. The housing market went down 2 years ago but it's back up and it didn't collpase and Canada suffered some job losses because of America but we gained all of them last year.
@darkknight302 The Canadian Banksters have broken every rule in the book en route to leveraging to 25:1 and more. The Royal Bank has the dubious distinction of having TIER I leverage of 33:1. Gord-o Nixon (Royal Bank CEO) could give Jamie Dimon & Lloyd Blankfein a lesson on corporate fraud.
To add to what HybridSlinky stated very well, the Royal Bank also received a bailout via the TARP plan. Canada's banks are the biggest drag on the Canadian economy!
This comment has received too many negative votesshow
@ElixirPolyweb bullshit!!! Canadian banks highest leverage is 17 to 1, there have been instants of fraud like every business and its a fraction of what America experienced and most where prosecuted!! keep up the disinformation something the repug are great at!
@487shawn Actually you're full of shit you corporate socialist! I think it's time to spend less time in the bathroom and more time with your research. RBC is leveraged to 34 to 1 and has total notational derivatives of well over 5 trillion dollars. You sound like some out of work puke from St. Thomas who has a relative in the banking industry. Quit making excuses for bankers in Canada. They've been just as bad as their counterparts around the world. Who the hell are you kidding? TTFN
@MrShuttleBusDriver and did the alien kidnap you and do bad things BULLSHIT! 5 TRILLION EH! HA! I THOUGHT YOU SAID IT WAS 200 BILLION? The only canadian bank to lose money was 2 billion by cibc who fired there entire staff who did this!!
@487shawn Obviously you don't know the difference between a derivative & a bail-out! The Royal Bank ALONE has over $5 trillion in OTC's. What MSD stated was Canadian banks received nearly 200 million dollars in aid (stimulus) from the recently privatized BoC (2003)!
You're either a born liar, uninformed or have family that works for the banksters.......or all three! Put your money where your mouth is then and go long on the Canadian banks.....the shorters will eat you for lunch princess!
@TheHybridSlinky if you had bothered to look up timothy lane deputy chairman bank of Canada , what an exaggeration your statement is , Canada is a bit player in OTC, in 2003 they did have a greater exposure to them however once they realised the inverted risks factors almost all cleared out of their positions in 2004-06 and tried to warn the IMF and wto, there are attempt today at a clearing house in Canada to maintain canadian control of these dangerous financial tools
@TheHybridSlinky The g20 is look strongly at the propose Canadian solutions to manage the risk of extra large clearing houses in London and Chicago which allow run away speculation! having multiple smaller clearing houses allow smaller financial institutions to have independence and allow for diversity in risk management
@MrShuttleBusDriver absoulty total bullshit 5 trillon now first we started with 200 billion then 3 trillon now 5 trillion you do realize there is not a single bank in the world who has 5 trillion in derivatives? expecially in a country of 37 million people let alone china india or the states stop the bullshit!!
@TheHybridSlinky You do realize that this is total bullshit, The Manhattan Institute is now putting out disinformation are you one of their employees? no wonder Americans can't tell what is real in your country with the re-pugs constantly putting out disinformation or out right lies!!! just look at their flag ship FOX NEWS! you should be ashamed of yourself!!
@Demarcoa lol but harper is sane. he never talks like republicans. Let's be real, canadian conservatives are on the same level as democrats in America. If they weren't, there wouldn't be any universal health care and abortions would be banned.
@darkknight302 That's not honest, that's misinformed. True, Harper is not insane, but he isn't much different from someone like Boehner or Romney. Conservatives in Canada just know that they are in a predominately liberal country and have to check the tongues at the door. It's fear that keeps them in line. Why do you think there is a lack of transparency? Because he's turning us into the states, in the worst ways imaginable, and he doesn't want us to know.
@darkknight302 yes, I would agree strongly with this statement. Our only point is that Canada isn't perfect. But yes, it is much better than the political climate in the USA. In your words, harper is, in fact, sane. ByTheBirchTree has some good points, and we should always work to do better, but we are doing much, much better than the US.
@darkknight302 yes, I would agree strongly with this statement. Our only point is that Canada isn't perfect. But yes, it is much better than the political climate in the USA. In your words, harper is, in fact, sane. ByTheBirchTree has some good points, and we should always work to do better, but we are doing much, much better than the US.
Did the banks cause the housing crisis or did buyer's, being stupid by listening to Realtors (housing always goes up) cause a good part of the problem?
jvolstad 1 month ago
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@gasmurrin they reported aout the french genocide law...
Mussi93 1 month ago
@gas,urrin they reported about the french genocide law...
Mussi93 1 month ago
You call yourself the young turks, so why dont you do a vid on erdogans new fascism?
Also you guys should have said something about the french genocide law.
disappointing
gasmurrin 1 month ago in playlist The Young Turks with Cenk Uygur
Bobby DeNiro in Heat.... CLASSIC!
RedAndGoldSF49 1 month ago
How about "Don't let the door hit you in the ass on the way out!"?
TheMidwestAtheist 1 month ago
Cenk needs some coaching in public speaking. His tone is one long whine, however I agree with him.
37Dionysos 1 month ago
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Jew & MF Global :
1. MF Global's 1.2 billions customer's money are with George Soros, a Jew
2. MF Global's brankruptcy is under sub-chapter 3 of chapter 7 of Bankruptcy Act.
3. Trail of money : MF Global -> Goldman Sachs -> George Soros
Stevie68000 1 month ago
i couldnt even finish the video i got too mad >.< fuck banks my money is going in a jar under a tree.
lShishkaBerryl 1 month ago
For Americans to get a real take on Canadian Banks please watch above video CHRIS HEDGES ON RON PAUL NO REGS, OBAMA AND THE REST!! I CAN'T BELIEVE THE BULLSHIT I AM HEARING!!! ONCE AGAIN REPUGS SEND OUT DISINFORMATION!!
487shawn 1 month ago 14
@487shawn yeah its obvious what the repugs and ronbots want you to think proper regulations dont work , and when confronted with the truth they resort to death threats, and outright lies
TheBestwry 1 month ago
This has been flagged as spam show
Atlanta Jewish Times owner, Andrew Adler said Israel should kill Obama for not supporting Israel
His video apologizing is on youtube.
Stevie68000 1 month ago
i will go talk to our canadian government eh? get you a big loan eh? 700 billion 700 trillion anything you americans want and need eh? freshest supply of water and natural gas eh? destroy our communities by turning nature into industry for suv's and trucks for every member of the family? no problem eh. FUCKIN LEARN TO CONTROL YOUR SPENDING ASSHOLES
darkknight302 1 month ago
@darkknight302 this crisis is a Canadian plot to conquer america.
httm241 1 month ago
@httm241 Crap your on to us eh XD
Icedslayer01 1 month ago
@httm241 economy of canada completely stable! the only way to live happily is to live in a liberal society. Just look at the european countries and Canada. We regulate the banks and don't ban abortions and provide universal health care because we care about each other.
darkknight302 1 month ago
@darkknight302 I hate to disappoint you but the Canadian banks are essentially insolvent. Canadian GDP is about $1.8 trillion and the 5 major Canadian banks have off balance sheet OTC derivatives of almost $17 trillion dollars. Canadian banks have been subsidized for years & received almost $200 billion in bailouts via the BoC from 2007-2009! Canadian banks are among the most unhealthy banks on the planet! Nixon, Downe, Clark, McCaughey & Waugh should all rot in prison for accounting fraud!
TheHybridSlinky 1 month ago 5
@TheHybridSlinky they are regulated so they don't make stupid outrageous bets like american banks and some european banks did. The housing market went down 2 years ago but it's back up and it didn't collpase and Canada suffered some job losses because of America but we gained all of them last year.
darkknight302 1 month ago
@darkknight302 The Canadian Banksters have broken every rule in the book en route to leveraging to 25:1 and more. The Royal Bank has the dubious distinction of having TIER I leverage of 33:1. Gord-o Nixon (Royal Bank CEO) could give Jamie Dimon & Lloyd Blankfein a lesson on corporate fraud.
To add to what HybridSlinky stated very well, the Royal Bank also received a bailout via the TARP plan. Canada's banks are the biggest drag on the Canadian economy!
ElixirPolyweb 1 month ago 5
This comment has received too many negative votes show
@ElixirPolyweb bullshit!!! Canadian banks highest leverage is 17 to 1, there have been instants of fraud like every business and its a fraction of what America experienced and most where prosecuted!! keep up the disinformation something the repug are great at!
487shawn 1 month ago
@487shawn Actually you're full of shit you corporate socialist! I think it's time to spend less time in the bathroom and more time with your research. RBC is leveraged to 34 to 1 and has total notational derivatives of well over 5 trillion dollars. You sound like some out of work puke from St. Thomas who has a relative in the banking industry. Quit making excuses for bankers in Canada. They've been just as bad as their counterparts around the world. Who the hell are you kidding? TTFN
MrShuttleBusDriver 1 month ago
@MrShuttleBusDriver and did the alien kidnap you and do bad things BULLSHIT! 5 TRILLION EH! HA! I THOUGHT YOU SAID IT WAS 200 BILLION? The only canadian bank to lose money was 2 billion by cibc who fired there entire staff who did this!!
487shawn 1 month ago
@487shawn Obviously you don't know the difference between a derivative & a bail-out! The Royal Bank ALONE has over $5 trillion in OTC's. What MSD stated was Canadian banks received nearly 200 million dollars in aid (stimulus) from the recently privatized BoC (2003)!
You're either a born liar, uninformed or have family that works for the banksters.......or all three! Put your money where your mouth is then and go long on the Canadian banks.....the shorters will eat you for lunch princess!
TheHybridSlinky 1 month ago
@TheHybridSlinky if you had bothered to look up timothy lane deputy chairman bank of Canada , what an exaggeration your statement is , Canada is a bit player in OTC, in 2003 they did have a greater exposure to them however once they realised the inverted risks factors almost all cleared out of their positions in 2004-06 and tried to warn the IMF and wto, there are attempt today at a clearing house in Canada to maintain canadian control of these dangerous financial tools
487shawn 1 month ago
@TheHybridSlinky The g20 is look strongly at the propose Canadian solutions to manage the risk of extra large clearing houses in London and Chicago which allow run away speculation! having multiple smaller clearing houses allow smaller financial institutions to have independence and allow for diversity in risk management
487shawn 1 month ago
@MrShuttleBusDriver absoulty total bullshit 5 trillon now first we started with 200 billion then 3 trillon now 5 trillion you do realize there is not a single bank in the world who has 5 trillion in derivatives? expecially in a country of 37 million people let alone china india or the states stop the bullshit!!
487shawn 1 month ago
@TheHybridSlinky You do realize that this is total bullshit, The Manhattan Institute is now putting out disinformation are you one of their employees? no wonder Americans can't tell what is real in your country with the re-pugs constantly putting out disinformation or out right lies!!! just look at their flag ship FOX NEWS! you should be ashamed of yourself!!
487shawn 1 month ago 23
@darkknight302 you should listen to @TheHybridSlinky , he's 100% correct. Harper is a right wing corporate skeezeball, after all
Demarcoa 1 month ago 4
@Demarcoa lol but harper is sane. he never talks like republicans. Let's be real, canadian conservatives are on the same level as democrats in America. If they weren't, there wouldn't be any universal health care and abortions would be banned.
darkknight302 1 month ago
@darkknight302 That's not honest, that's misinformed. True, Harper is not insane, but he isn't much different from someone like Boehner or Romney. Conservatives in Canada just know that they are in a predominately liberal country and have to check the tongues at the door. It's fear that keeps them in line. Why do you think there is a lack of transparency? Because he's turning us into the states, in the worst ways imaginable, and he doesn't want us to know.
ByTheBirchTree 1 month ago
@darkknight302 yes, I would agree strongly with this statement. Our only point is that Canada isn't perfect. But yes, it is much better than the political climate in the USA. In your words, harper is, in fact, sane. ByTheBirchTree has some good points, and we should always work to do better, but we are doing much, much better than the US.
Demarcoa 1 month ago
This has been flagged as spam show
@darkknight302 yes, I would agree strongly with this statement. Our only point is that Canada isn't perfect. But yes, it is much better than the political climate in the USA. In your words, harper is, in fact, sane. ByTheBirchTree has some good points, and we should always work to do better, but we are doing much, much better than the US.
Demarcoa 1 month ago
Obama's brilliant negotiating skills on display again.
dizzymasekela 1 month ago in playlist More videos from Current
De Niro 2012!
connberkshire 1 month ago
DeNiro's audio is from Copland.
503burnside 1 month ago
US presidents, capitol hill, & SCOTUS no matter what party they belong to, need understand the burden of leadership.
Without that understanding this country, if not already, is doomed.
503burnside 1 month ago
this housing is nothing compared to college debt.
mrzack888 1 month ago
American Exceptionalism in action. Over-rated USA..USA..USA
CATSASS1117 1 month ago
De Niro kicks ass.
aar0n262 1 month ago