We have exterminated the property owners in Russia.We are going to do the same thing in Europe and America
The Jew,December 1925,Zinobit
World revolution which we will experience will be exclusively our affair and will rest in our hands.This revolution will tighten the Jewish domination over all other people
Le Peuple Juif, February 8,1919
Welcome to JEW WORLD ORDER,they own FR,it's private
Bible,Revelation 2:9,,3:9 jews=Synagogue of satan
Read this book for free on internet WHO IS ESAU-EDOM
@Nateputrich You're mortgage my be fixed relatively low. You might also be able to 'afford' it. Many people got hit with No Doc loans and the like. Many got hit with something they couldn't afford.
Why has this happened? Not because of the "lack" of government, rather, because the government has steadily been debasing, and thus, inflating the currency since we left the gold standard in 1932.
The last 5 minutes PROVE that American politics is still politics as usual. Hillary Clinton ( a quote on quote 'liberal hero') voted for a bill knowing that it was NOT in the best interest of the demographic in which she represents shows that We (middle class Americans) do not have adequate representation in the gov't. The best way to fight this crooked system is to be out of it and not get suckered into these silly credit card / student loan/ mortgage lending GAMES aka BS!
According to the Census statistics, my family is in the top 10% in income. We don't have debts, our two (relatively old) cars are paid for and we don't splurge in consumer spending. However, we are still living from paycheck to paycheck, not being able to save or to afford things we could before when our income was less.
If people still think that there is nothing wrong with this picture, I don't know when it will get to them.
Nothing wrong in couple working as long as there is a plan in place to get out in few years, there are plenty of opportunities out there, we learned something from 360atlantadotcom
Unite .together with Our Friends here and everywhere.. We r showering Divine Love and Blessings from our ~♥~-s 2 all beautiful Islands of Japan and Our Beloved Earth and Humanity ♥ safely shifting 2 The Golden Crystal Age~Happiness 2 All~Oneness Love and Light Infinite~ Thank U Beloved Mighty I Am Presence-s ♥ Heaven and Earth United Us~as We R accepting this divine ~Gifts~ of I AM~Oneness Love Light Supreme Infinite~The Light of God that Never Fails~in all its forms~We R Forever Flowering.
cont. Salvation Army has helped with some food but can only do so much. We have been turned down by WIC, welfare, food stamps, heating programs etc because they say we make too much to qualify. I used to be the one who donated to food banks, Red Cross, etc & now I need help to help my family thrive & no one wants to know us. My house is worth noting now, even if we sold we'd owe money & we'd have nowhere to go. The recession is NOT over for many families.
NO idea how we've been able to avoid bankruptcy but my family is darn close to it. My husband's salary has been frozen for about 4 or 5 yrs now, he just quit in order to collect his 401k so we can finally get food in the house & heat this Winter after going through a Winter w/ no heat. It was our absolute last resort. We can afford the mortgage but can't afford food or heat or gas. I have't bought groceries in over a month & often can't buy food every week or every 2 weeks, the Salvation.....
It's not possible to live within one's means when there is so much employment volatility. What may be "within your means" today ceases to be after you unexpectedly lose your job.
I think many people who talk about living within our means clearly did not even watch this video. She talks about families making car payments, not about, say, boat payments. You need a car to get to work; if you have a good job you buy a good and reliable (= new) car. Sound move! But then the job disappears...
The question is NOT a matter of more regulation for banks and credit card co. - it is TEACHING responsibility in public education for people to SPEND WITHIN THEIR MEANS and not get into financial trouble in the first place!
@Mikeishere1st Exactly. My family has always lived within our means. We don't own new cars, don't have a new house, don't go on vacations, don't go out to eat or order out, we've been very responsible & conservative w/ our money yet it's been a domino effect which trickled down from the top right down to basic car payments, or electric bill payments or groceries. When everything is affected prices go up, when prices go up & salaries stay the same or get frozen people can't afford it anymore.
You say you HAVE lived within your means, and yet you say you're struggling. You've just made Warren's point for her -- namely, that it is not the fault of the families who are struggling that they are struggling. The cause of our problems is NOT reckless spending by the middle class.
@kolyoh Many times it has run through my head did we do something wrong, did we urchase something a while back that broke us, did we spend too much here or there, etc. I went back at least 10 yrs in my head & still could never come up w/ much. I even used coupons at the grocery store & got many things free back then & penny pinched quite often. Not even any expensive electronics or things like that, I didn't even own a cellphone. They froze my husband's salary & after that things went awry.
The people are at fault that this has happened. They bought into deregulating the banks and S&L in the 1970.
It would be simple to fix if the people of United States of America, the citizens of United States of America wanted to fix the problem. Just write your congress person of both houses. Ask them how to recall them if they don’t fix the problem and how to word the petition for the recall.
@brucebannerization By your logic, there shouldn't be any police--why should I care if you're assaulted, robbed or killed? There shouldn't be any fire departments, either--why should I care if your house burns down? You libertarian types are so stupid. You depend on the government just as much as anyone, but you can't see it. You're fish who don't realize they're swimming in water.
56:00 I got chills, and not the good kind. When Warren here warns of massive default and a day of reckoning as a result of the credit industry back from 2004 it's clear that she is not dealing in ideological spin but in truth that has taken the from of prophecy in this case.
58:40 Another truth: Washinton turns even one time sincere officials into corporate tools. Her Hilary Clinton antecdote is depressing as hell.
Keep talking Warren, the country needs to know just how radical the Democrat party has become. The people will decide in 2012 which road will be taken and it is clear the path of the radical socialist left will be resigned to the permanent ash heap of history.
Ignorant traitor, communist, marxist, reprobate, liberal, degenerate bitch. Just crawl up that butterfly brained ape's ass you got shit out of, obango.
This lady is absolutley right!Too many people are living way beyond their means,and now you see the results,De-regulatoin of banking,credit card debt,and so on.I grew up in the 1960s,a time of more common sense,my dad worked,my mother stayed at home and we had everything we needed,what a glorious era! Who pays a man a living wage anymore?Wake up america!!
I have a sack boy song! I got LBP2 Yesterday BABY! Be my friend my name on LBP2 is myfunnybrianshow. THIS IS THE BEST GAME EVER! YOUR CHANNEL RULES!!!! FOREVER!!! YES!!! YESSS!!!!!!
This guy is a dick, he just flat out said that he thought feminists are to blame for financial troubles in America. Women working isn't the problem, the problem is it's very fucking expensive to have kids these days and to even live, healthcare for example, and college is astronomical and they keep raising tuition each year and cutting classes! How about taxes on the middle class? When has any politician done anything in favour of them recently? God forbid raising taxes on the rich though!
@DarrelfromZeeland The founding fathers stood against the King of England because they did NOT want people flogged in public for not going to church. They wrote the first amendment as freedom of religion. Now you want to rewrite it and have it say "Mandatory Xtianity." BTW Hannity is Catholic and furthermore I have to wonder if you love America so much how can you have a support Israel logo on your channel? They stab us in the back.
@DarrelfromZeeland They stab us in the back all the time. Look at USS Liberty and what they did in 1967. Look at Jonathan Pollard. Look at those five Israelies who were cheering when 9/11 happened. How on Earth can you call them an ally?
@DarrelfromZeeland HAHAHA , i JUST REALISED YOU WERE TAKING A PISS ! Your profile says bring back slavery and segregation . HAHHAHAAA , You are just trying to piss people off . I can respect that , bring back slavery hahaha . How many people have threatened to kill you ? I bet you wouldn't stand up at an open mike night in San Antonio , Queens , or Miami and say that ! But if you do I want to be there and watch the chaos , hahaha.
@DarrelfromZeeland Granted there were a couple Christians among the Founding Fathers , but they were the minority by far . Paine , Jefferson , Washington , Franklin all left plenty of writings behind to let you know they were not Christians . Read about Ethan Allen , hero of the American Revolution , he stopped his wedding because the word GOD was used . He made them change it to nature ! I agree with you one point Christian does not always mean Catholic . There are great christian people!
@DarrelfromZeeland China is not a threat , but Wal-Mart is . The only reason China is a threat is because Americans are going broke buying their shitty products . USSR ? Are you retarded ? Honestly , are you ? The entire world knows the cold war was a scam now . Even Henry Kissinger said "the danger of the Cold War was greatly exaggerated " . The only religion that is a threat to America is evangelical Christianity , Christianity is the worlds most vile religion , bunch of pedophiles .
@DarrelfromZeeland Newsflash , the military does not keep us safe . 9-11 was a direct result of our military poking their nose where it doesn't belong . The "Muzzies " only hate us because we murder their women and children and support Israeli genocide . "Commies" are not now , nor have they ever been a threat . Open your eyes , quit being so gullable .
" 'Commies' [n]ever been a threat" -- Commies/Zionists have infiltrated and undermined America since 1913, when they got the Federal Reserve Act passed. Then, they used the war criminal, FDR, to take our gold and replace it w/ paper. Now, we're all enslaved by their banking & fiat-money empire.
For an interesting interview, see Eustace Mullins on the New World Order. He worked as a researcher for Senator McCarthy to uncover the "billionaires" who fund(ed) Communism in America.
Now Mrs. Warren I applaud you on your bold declaration of the truth here. You are right on all fronts. But what I now wonder are you willing to go after the real culprit? The Rockefeller family are at fault for much of what you are describing. They have caused most of the mayhem you are describing. Are you willing to file charges against them? Will you go to battle with people who are part owners of the Fed? Are you willing to put your life on the line? Ron Paul has done this...will you?
Elizabeth Warren is an American Hero , but honestly it was the military that killed America . It has accounted for a third of all our spending since 1776 !
@707hoser lol but what if 2 dollars an hour can buy you a large house with everything you need plus a ton of money saved and nice trips etc at that point 2 bucks an hour would be better then what 15 bucks an hour can get you today
@707hoser Sure, it may never happen while the capitalist running the country have their way and while the 2income trap remains. Your comment is exactly my point, The minimum wouldnt matter, amount per hour doesnt matter as its the buying power that does.. my father with 10 cents in the past could buy ALOT of stuff heck even with 5 cents he was able to buy MORE then I could get now for 1-2bucks.. and could buy a huge house by working as a carpenter for 5 years. try that now without a loan..
@themaniusedtob I got your point. The problem is that we don't have a way to turn the clock back 50 years. Of course its the buying power that matters, most of us are losing that buying power.
@morph995 I'll tell you why I'm putting up such an argument: I've heard the same old story about the minimum wage being too high a thousand times. Supply side theorists like you believe that a man can feed himself at $2 per hour notwithstanding the fact that if workers have no purchasing power there will be no jobs for anyone. There are credible studies that prove that a minimum wage does not cause unemployment. Again, I'll ask you, do you think abolishing min. wage will cure unemployment?
@morph995 I read your comment, I just don't buy it. Do you honestly believe that abolishing the minimum wage laws would make a difference in the huge unemployment problem? I don't believe that for a minute.
@morph995 Well, I suppose that if we pay workers next to nothing there might be more jobs, but at what cost and what kind of jobs? We already have a reduced minimum wage for younger workers, isn't that enough? Maybe we would have more jobs if we abolished health, safety and environmental standards also. They add expense to the running of a business, let's get rid of them. You still haven't said where the minimum wage causes unemployment, though. There are studies that prove otherwise.
increase supply of labor decreases wages its that simple. banks are offering more credit to make up for the loss in profit due to: decrease in ave. wage, & decrease in productive capital investment shipped out to china. Big Banks don't care about the ppl. there is no moral suasion whatsoever they jack up the bank ratio and lend to ppl that can't afford the payments and break the system f...king greedy and stupid no regulations no foresight into the long term interest of families in the west.
Going back to the bad old days when women were domestic and sexual slaves to men won't work. Women who are dependent on men for money are subjected to abuse and their daughters to incest. If you've ever seen "Nuts" by Barbara Streisand or "The Burning Bed" by Farrah Fawcett you'll realize how widespread wife beating and incest were. The excuse that women don't need to be educated because they'll only be housewives was used an excuse to cut females out of universities, sports. etc.
Going back to the bad old days when women were domestic and sexual slaves to men won't work. Women who are dependent on men for money are subjected to abuse and their daughters to incest. If you've ever seen "Nuts" by Barbara Streisand or "The Burning Bed" by Farrah Fawcett you'll realize how widespread wife beating and incest were. The excuse that women don't need to be educated because they'll only be housewives was used an excuse to cut females out of universities, sports. etc.
Savings in America, is IMPOSSIBLE. Dollar valuation is being wiped out, individual interest rates do not keep pace with inflation, stocks or bonds are rigged to shed their value to the felon creatures on Wall Street, and Social Security is an oxymoron.
Employment is being shipped overseas, and America is being deindustrialized.
@centurion180ad savings is definately possible in the usa (not as easy as it used to be, but still possible).....just put a portion of your savings in tangables like silver......stop having children you can't afford, if you have a job accessable by public transportation don't use your car......just for shopping etc., live below your means
@inkey2 ANY savings is subject to 1099 reporting. Then IRS taxes all the value out of it, and then the transaction fees for dealing in bullion put you in the red, and then storing any amount of it useful to retire on has fees that are cost prohibitive. That a pair of kids for a working couple are not affordable is CRIMINAL.
USA is already well below replacement. As soon as we go below our means the fucking bankers close the factories, loot the accounts, debase the currency, implode homes
@inkey2 There shouldn’t have to be a way AROUND personal savings, and your suggestion is only accessible by the ultra-wealthy through their criminal Tax Free Foundations, or to criminals that run that Mafia that has the brass to call itself a government.
it all goes back to the pill - women need to stop contracepting, start having more children, stay home and nuture them, cook healthy food for the family
We already have too many people and not enough jobs. More of the latter would just create lower wages. In regard to doing away with women's rights it won't happen!!!
This is just the beginning of the war on the middle class. Now we will get concerted pushes to eliminate or reduce Social Security, cut the minimum wage, cut expenditures on public works. The fun is just starting.
"In Iowa, on August 30, 1978, the Iowa Supreme Court threw out the lower court decisions and ruled in favor of both Fisher and the attorney general. As a result, First National filed an appeal with the U.S. Supreme Court on September 11 and hired Robert H. Bork, to argue its Minnesota case before the justices."
Living simply is a concept lost in the US. It's about wants vs. needs, and Americans want it all. They make more, they spend more.. More, more, more, more.. When I hear the "have to work" and I see the couple spending 24 K plus on daycare, thousands on gym memberships, two cars, vacations.. Please, who do they think they are kidding. Kids need a parent at home while growing up, if possible. In many cases it is possible. Of course, there are those who both need to work.
@kathryn120 I would imagine that the sharp rise in health insurance costs has driven both parents into the work place as well. Before I was able to get on my wifes health insurance plan I was paying $800 per month for my Blue Cross, just for me "one person"
@kathryn120 Looks like someone didn't watch the video. What Elizabeth Warren found through her research was that increases in fixed expenditures is the cause of our vanishing middle class. These expenditure increases are for necessities like mortgage payments, health insurance, vehicles, and school. The data shows that the proportion of family income spent on discretionary expenditures for things like vacations, gym memberships have DECREASED over the decades. Getting poorer covering the basics!
@kathryn120 Almost no one in the US earns enough to support a family entirely one their own. Not if they want to live above the poverty line. Worse, the US does NOTHING to help families, nothing aside from giving them lectures about "family values." In much of Europe, families get free medical care, free day care, paid maternity and/or paternity leave and 2 months of vacation each year. In the US, we get NOTHING. Is it any wonder US parents are overworked and stressed?
@fileboy2002 it aint free. You make it sound like living in Europe is like living in fantasy land. There are no real middle classes there. As we keep propping up the welfare state, and expanding it, it gets harder and harder to live, and thus you become dependant. This is a deliberate attempt by the government. The continued manipulation of the dollar, bubbles that wipe out the middle class. Her points are valid, but how marxist ideology followers spin this, is troubling.
my parents both had professional careers, but we essentially lived on just one income. as a kid, i did not get the extras and luxuries. i resented it then, but i now respect the fact that my parents were never upside down on their house. better yet, i do not have to support them in their old age. feminism should bring more choices, not take them away. dual income couples should live on one income only.
Thos lady speaks nonsense, just like most Spendo-crats. She bitches about lenders, and their "evil" practices. Here's an idea, DUMB DUMB--Don't take out the credit!
Holy cow, what an idea! In a perfect world, Elizabeth Warren would have the government wipe your ASS.lol
@brian8793 Haha. So I guess you have some evidence to contradict her, right? Or are you from the "If I scream loud enough I'm right" school of thought?
@brian8793 I don't think Romney can win in the South, ergo, I don't think he can win the Republican presidential nomination, ergo, I don't think he can win the presidency!
@plutogirllovekj Ergo, I think you may have a point there Pluto. A lot of those Southern, Bible thumping rednecks, hate Mormons. I think it has soemething to do with the fact that Mormons like school and they brush their teeth.
You're right on the money. Most of the Democrats I know would vote for Romney over Obama. Maybe not Hillary, but definitely Obama...PEACE!
The two parent work model is a way to make sure children spend more time in the care of the state, and to make sure that all people become slaves of the 'economy'. This isolates people, breaks down community and is designed to undermine the possibility of community dissent. It also damages the children, and the parents. This must end now!
@penguinworm Both, in that the Govt. supports care, and working parents, and DOES NOT support empathetic parenting and natural learning..... which are known to be profoundly effective in preventing psychological distress and violence.
No SYSTEM can replace the empathetic learning that is required in the first 4 years for psychological health/
your the educators , the country was founded as a republic , your failure to teach strict Constitutional LAW and your allowing teachers to teach the Communist manifesto to young impressional minds has finally come to bite us like a pit bull Elizabeth is a brilliant woman but she doen't not see these bankers for what they really are (THEIFS) they started in 1913 and has followed a pattern of distruction for us , she should push congress to prosecute the FEDERAL RESERVE under RICO
Read my words people. Try not to get a credit card. Credit cards are gotten for reasons that do not make sense. If you get a credit card because of a safety or comfort issue, then you may be creating your own unsafe issue by what you have been advertised on a weekly factor. Pay attention guys and girls. If you want to buy into safety then buy a huge vehicle gas machine that can take a hit when you hit it other person. You will probably live and then die inside and kill other your younger kids
Dual income families did not cause this economic crisis, it is however responsible for America's moral / ethical deprivation. This economic collapse (soon to 100's of times worse) was caused by the deregulation of all commerce and banking in America (for the gains of the rich); tree trade, globalization, losing all of our industrial capabilities to slave labor nations. An example: in 2000 there were 32,000 T1/T2 domestic automotive suppliers in the US, today there are less than 1,800. Sad.
USA's unions were destroyed in the 80s, USA has lowest rates of unionisation in the world.
Countries which didn't crash in Europe were ones with the highest tax on the top 5% and sane regulation of banking.
Investment in skills, education, infrastructure, health.. regulation for solar panels on buildings.. all innovative, wealthiest and most equal societies.
It was conservative deregulation, inequality scams that sank.
the rich syphoned off investment for yachts in Dubai.
@marsCubed Hahahahha. Man what garbage. So your saying that France has a better economy? Britain? Germany?????? They were into bailouts way before our increasing sociliast government started to go.
If its so great go live in Europe then????? I hear immigration rates are crazy so I'm sure you'll get a leg up.
Thats what i thought. Even if you were European, why is everyone trying to COME TO US!!!!!!!!!!!!!!!!
"If its so great go live in Europe then????? ... why is everyone trying to COME TO US!!!!"
I don't think that western Europeans are scurrying to immigrate to the US these days. They haven't for many years. But it has nothing to do with "unions" or some mythological "highest tax on the top 5%" (just like in the US, the real top-people have their fortunes in corporations and tax-exempt "foundations" that aren't subject to high tax). But there are other reasons for why Europe is better.
@LibertaerUeberAlles Just wait until the muzzies take over Europe and impose sharia law there. Europeans will be coming here in droves like they did 100 years ago.
However that just goes to show that corporations that feel the government is becoming harsher will move any jobs/capital to more friendlier nations (even stable dictatorships). Its how business is run. (of course they factor in the potential of instability but they have corporate analysts, insurance and Wall Street Bailouts in case that happens).
@LibertaerUeberAlles -- The best way to have rich lower/middle class is to have lots of businesses. Redistribution of wealth currently planned is GLOBAL not just the US. Global income is $2 per day -- global government = global poverty. This video about World poor/immigration demonstrates the point with gumballs. Easy to understand. I'm voting Ron Paul as his financial plan doesn't cut government assistance checks, as he balances the budget.
So what? Families reap what they sow! If you are uneducated and lazy you deserve low wages!!! You don't get something for nothing. You must be able to produce more than you are worth to be of value. A society of parasites that suck off the prosperity of others never lasts long!!!
There are less automakers because American Manufacturing cannot stand on it's own two feet. The labor is simply too expensive. Globalization must be embraced if we hide with tariffs, subsidies and regulation we will become uncompetitive and less productive. America needs to find what it is we are good at not focus on something we have not a chance in hell at being competitive in.
You must be a baby boomer. Your generation needs to let go of old ideals and embrace the NAU!!!
@Rockynurse Sorry but you are mistaken, I'm not too old to be incapable of letting go and not too young not to know. And you must be not but a child (somewhere in your early peak), such an age, no comprehension of that which you can not comprehend and knowledge of that which you do not know. Your generation's arrogance (the child or ignorance) will lead to great regret and the despise of your children.
Trust me, the generations above you have forgotten more than you will ever learn.
The leaders of my generation will usher in a new world order aimed at merging with brothers in the south and north. While your generation is living off the undererved social security they have left my generation is innovating and saving.
The spend thrift generation of boomers is retiring into failure. At least once you all die off you cannot charge any more $ on our credit card. We should cut social security to pay off the national debt your generation created.
@Rockynurse Wrong again. I am hardly a baby boomer, but a more so the buffer generation between the two extremes in this nation. Lead? With what your parents money? As for the differential advantage (spoiled little parasites) your generation were born into (with spoons of the many in your mouths), you will find that the spoons once given (and taken for granted) will be removed from your mouths, in short order, and inserted into the appropriate orifice in your other end.
Regardless of what you think of my english skills I will be graduating Summa Cum Laude soon and stepping into a job that pays much more than your social security checks.
@Rockynurse On a side note, you may want to stop presenting yourself as an American. You might just goad someone into establishing new online identities aimed at impersonating a German citizen(s); who uses simple, but far greater, reverse psychology tactics to provoke a multitude of social disruptions not just within your (german) online communities but actual physical grounds.
Also, be careful what you wish for, you just may get it. Once EU falls & America follows. Germany will fall to RF!
I am more of an american than most. One side of my family has been here since the revolutionary war. I even have a vice president as my great great great grandfather. I have family abroad in France and Germany as well.
LOL people could find me physically?
HAHAHAHAHAHA unfortunately most don't understand there are literally dozens of ways a person can present themselves as anything online. It requires far too much time and $ to prove who it is.
@Rockynurse Your comprehension of the English language tells me NOT more than most. I'm rather sure I was not insinuating that anyone would come looking for your, as I am also certain nobody would want to. However, your parents should monitor your internet habits.
Again, your generation is at serious risk (no matter where you are). I know exactly what you are, and so do many others. When the time comes, you'd better grow up fast or hide.
@dawnstory69 I agree with most of what you are saying - I think deregulation can be attributed to a larger part though. Comparable industrialised nations, who have also suffered production job losses to globalisation, have not had a similar credit bubble burst in 2008. Consumer law is much more protective in European countries - you just can't get screwed by banks the same way as in the US. For better and sometimes worse when the state becomes too protective => dilutes common sense.
@dawnstory69 I'll tell you what caused the collapse. Marxist unions, fascist labor and environmental laws and business regulations, welfare entitlements and taxes to support the socialist welfare state, big government shoving its nose where it doesn't belong by fucking with businesses and forcing banks to give home loans to people who worked at fucking Mickey D's.
i look at some homes Avg was $900,000 Feb 2012 they did not go down North CA
sha370z 3 days ago
When the money is a Lie, everything is a Lie.
biozamadotcom 6 days ago
The only ones that can afford kids today in America are the Hispanics living 20 to a house. Don't have kids.
frozenconcentrate 6 days ago
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hobama = gwb 2.0
mitt = hobama 2.0
same elitist banksters
same selections
same doom for us all
shame!!!!!!!
aliciabanks 3 weeks ago in playlist Favorite videos
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We have exterminated the property owners in Russia.We are going to do the same thing in Europe and America
The Jew,December 1925,Zinobit
World revolution which we will experience will be exclusively our affair and will rest in our hands.This revolution will tighten the Jewish domination over all other people
Le Peuple Juif, February 8,1919
Welcome to JEW WORLD ORDER,they own FR,it's private
Bible,Revelation 2:9,,3:9 jews=Synagogue of satan
Read this book for free on internet WHO IS ESAU-EDOM
goldberg823 1 month ago
If the interest rates on mortgages are so low, why are people getting "screwed" by their rigorous mortgage payments? Doesn't seem to add up.
Nateputrich 1 month ago
@Nateputrich You're mortgage my be fixed relatively low. You might also be able to 'afford' it. Many people got hit with No Doc loans and the like. Many got hit with something they couldn't afford.
unytcommsys 1 month ago in playlist Saving Money # 2
@Nateputrich Watch the video again. It brings up this point and answers it.
Monkor002 6 days ago
Why has this happened? Not because of the "lack" of government, rather, because the government has steadily been debasing, and thus, inflating the currency since we left the gold standard in 1932.
Nateputrich 1 month ago 2
The last 5 minutes PROVE that American politics is still politics as usual. Hillary Clinton ( a quote on quote 'liberal hero') voted for a bill knowing that it was NOT in the best interest of the demographic in which she represents shows that We (middle class Americans) do not have adequate representation in the gov't. The best way to fight this crooked system is to be out of it and not get suckered into these silly credit card / student loan/ mortgage lending GAMES aka BS!
190819862011 4 months ago
According to the Census statistics, my family is in the top 10% in income. We don't have debts, our two (relatively old) cars are paid for and we don't splurge in consumer spending. However, we are still living from paycheck to paycheck, not being able to save or to afford things we could before when our income was less.
If people still think that there is nothing wrong with this picture, I don't know when it will get to them.
Nassaldromus 4 months ago
@Nassaldromus Do you live in a house? Drop the house. Mortgage, real estate taxes, and insurance alone are building up your income.
Do you have cable? Drop it. Netflix, read a book, workout, get a profitable hobby.
Car insurance: Don't pay for what you don't need.
I don't every plan on buying a house unless it can earn me money!
unytcommsys 1 month ago in playlist Saving Money # 2
Nothing wrong in couple working as long as there is a plan in place to get out in few years, there are plenty of opportunities out there, we learned something from 360atlantadotcom
nachilachu 4 months ago
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tinalb1959 4 months ago
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Unite .together with Our Friends here and everywhere.. We r showering Divine Love and Blessings from our ~♥~-s 2 all beautiful Islands of Japan and Our Beloved Earth and Humanity ♥ safely shifting 2 The Golden Crystal Age~Happiness 2 All~Oneness Love and Light Infinite~ Thank U Beloved Mighty I Am Presence-s ♥ Heaven and Earth United Us~as We R accepting this divine ~Gifts~ of I AM~Oneness Love Light Supreme Infinite~The Light of God that Never Fails~in all its forms~We R Forever Flowering.
OnenessNow 4 months ago
cont. Salvation Army has helped with some food but can only do so much. We have been turned down by WIC, welfare, food stamps, heating programs etc because they say we make too much to qualify. I used to be the one who donated to food banks, Red Cross, etc & now I need help to help my family thrive & no one wants to know us. My house is worth noting now, even if we sold we'd owe money & we'd have nowhere to go. The recession is NOT over for many families.
Anglynn74 4 months ago
NO idea how we've been able to avoid bankruptcy but my family is darn close to it. My husband's salary has been frozen for about 4 or 5 yrs now, he just quit in order to collect his 401k so we can finally get food in the house & heat this Winter after going through a Winter w/ no heat. It was our absolute last resort. We can afford the mortgage but can't afford food or heat or gas. I have't bought groceries in over a month & often can't buy food every week or every 2 weeks, the Salvation.....
Anglynn74 4 months ago
It's not possible to live within one's means when there is so much employment volatility. What may be "within your means" today ceases to be after you unexpectedly lose your job.
I think many people who talk about living within our means clearly did not even watch this video. She talks about families making car payments, not about, say, boat payments. You need a car to get to work; if you have a good job you buy a good and reliable (= new) car. Sound move! But then the job disappears...
kolyoh 4 months ago in playlist Liked
The question is NOT a matter of more regulation for banks and credit card co. - it is TEACHING responsibility in public education for people to SPEND WITHIN THEIR MEANS and not get into financial trouble in the first place!
Mikeishere1st 4 months ago
@Mikeishere1st Exactly. My family has always lived within our means. We don't own new cars, don't have a new house, don't go on vacations, don't go out to eat or order out, we've been very responsible & conservative w/ our money yet it's been a domino effect which trickled down from the top right down to basic car payments, or electric bill payments or groceries. When everything is affected prices go up, when prices go up & salaries stay the same or get frozen people can't afford it anymore.
Anglynn74 4 months ago
@Anglynn74
You say you HAVE lived within your means, and yet you say you're struggling. You've just made Warren's point for her -- namely, that it is not the fault of the families who are struggling that they are struggling. The cause of our problems is NOT reckless spending by the middle class.
kolyoh 4 months ago
@kolyoh Many times it has run through my head did we do something wrong, did we urchase something a while back that broke us, did we spend too much here or there, etc. I went back at least 10 yrs in my head & still could never come up w/ much. I even used coupons at the grocery store & got many things free back then & penny pinched quite often. Not even any expensive electronics or things like that, I didn't even own a cellphone. They froze my husband's salary & after that things went awry.
Anglynn74 4 months ago
The people are at fault that this has happened. They bought into deregulating the banks and S&L in the 1970.
It would be simple to fix if the people of United States of America, the citizens of United States of America wanted to fix the problem. Just write your congress person of both houses. Ask them how to recall them if they don’t fix the problem and how to word the petition for the recall.
samten10a 4 months ago
@brucebannerization By your logic, there shouldn't be any police--why should I care if you're assaulted, robbed or killed? There shouldn't be any fire departments, either--why should I care if your house burns down? You libertarian types are so stupid. You depend on the government just as much as anyone, but you can't see it. You're fish who don't realize they're swimming in water.
fileboy2002 5 months ago
56:00 I got chills, and not the good kind. When Warren here warns of massive default and a day of reckoning as a result of the credit industry back from 2004 it's clear that she is not dealing in ideological spin but in truth that has taken the from of prophecy in this case.
58:40 Another truth: Washinton turns even one time sincere officials into corporate tools. Her Hilary Clinton antecdote is depressing as hell.
naphtali61 5 months ago
Keep talking Warren, the country needs to know just how radical the Democrat party has become. The people will decide in 2012 which road will be taken and it is clear the path of the radical socialist left will be resigned to the permanent ash heap of history.
AtlasObjectivist 5 months ago
@AtlasObjectivist
Do you like driving on the interstate?
ivlfounder 5 months ago
All points I've been making for 10 years.
lafemmefatalle 5 months ago
Ignorant traitor, communist, marxist, reprobate, liberal, degenerate bitch. Just crawl up that butterfly brained ape's ass you got shit out of, obango.
aristotled1 5 months ago
@aristotled1 You seem very angry.
Seasass 5 months ago
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@aristotled1
And you wonder why no one care what you think.
ivlfounder 5 months ago
This lady is absolutley right!Too many people are living way beyond their means,and now you see the results,De-regulatoin of banking,credit card debt,and so on.I grew up in the 1960s,a time of more common sense,my dad worked,my mother stayed at home and we had everything we needed,what a glorious era! Who pays a man a living wage anymore?Wake up america!!
57DooWopDaddy 5 months ago
this little woman knows her shit , she has been there and has been telling everyone the truth.But people dont like the truth.
1969BALLER 5 months ago
carrying revolving debt=bad; living significantly below your means=good ???
smedheat 5 months ago
kids of f**king expensive. dont have them or at least dont try to keep up with the joneses kids.
smedheat 5 months ago
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I have a sack boy song! I got LBP2 Yesterday BABY! Be my friend my name on LBP2 is myfunnybrianshow. THIS IS THE BEST GAME EVER! YOUR CHANNEL RULES!!!! FOREVER!!! YES!!! YESSS!!!!!!
MyFunnyBrianShow 6 months ago
so whats the solution, do not spend more than one persons income? how would a family realistically get through this with two incomes.
MrOpi8 6 months ago
This guy is a dick, he just flat out said that he thought feminists are to blame for financial troubles in America. Women working isn't the problem, the problem is it's very fucking expensive to have kids these days and to even live, healthcare for example, and college is astronomical and they keep raising tuition each year and cutting classes! How about taxes on the middle class? When has any politician done anything in favour of them recently? God forbid raising taxes on the rich though!
rvggarcon 7 months ago
@DarrelfromZeeland The founding fathers stood against the King of England because they did NOT want people flogged in public for not going to church. They wrote the first amendment as freedom of religion. Now you want to rewrite it and have it say "Mandatory Xtianity." BTW Hannity is Catholic and furthermore I have to wonder if you love America so much how can you have a support Israel logo on your channel? They stab us in the back.
MatthewCVR 8 months ago
@MatthewCVR Newsflash dumbass. Israel is our ally. Their existence is a requirement for Jesus to return.
DarrelfromZeeland 8 months ago
@DarrelfromZeeland They stab us in the back all the time. Look at USS Liberty and what they did in 1967. Look at Jonathan Pollard. Look at those five Israelies who were cheering when 9/11 happened. How on Earth can you call them an ally?
MatthewCVR 8 months ago
@DarrelfromZeeland HAHAHA , i JUST REALISED YOU WERE TAKING A PISS ! Your profile says bring back slavery and segregation . HAHHAHAAA , You are just trying to piss people off . I can respect that , bring back slavery hahaha . How many people have threatened to kill you ? I bet you wouldn't stand up at an open mike night in San Antonio , Queens , or Miami and say that ! But if you do I want to be there and watch the chaos , hahaha.
MindofaJedi 8 months ago
@MindofaJedi Newsflash dumbass. I tell the TRUTH, something libturds know nothing about.
DarrelfromZeeland 8 months ago
@DarrelfromZeeland Granted there were a couple Christians among the Founding Fathers , but they were the minority by far . Paine , Jefferson , Washington , Franklin all left plenty of writings behind to let you know they were not Christians . Read about Ethan Allen , hero of the American Revolution , he stopped his wedding because the word GOD was used . He made them change it to nature ! I agree with you one point Christian does not always mean Catholic . There are great christian people!
MindofaJedi 8 months ago
@DarrelfromZeeland China is not a threat , but Wal-Mart is . The only reason China is a threat is because Americans are going broke buying their shitty products . USSR ? Are you retarded ? Honestly , are you ? The entire world knows the cold war was a scam now . Even Henry Kissinger said "the danger of the Cold War was greatly exaggerated " . The only religion that is a threat to America is evangelical Christianity , Christianity is the worlds most vile religion , bunch of pedophiles .
MindofaJedi 8 months ago
@MindofaJedi Christianity sucks but Walmart is fucking awesome.
MatthewCVR 8 months ago
@DarrelfromZeeland Newsflash , the military does not keep us safe . 9-11 was a direct result of our military poking their nose where it doesn't belong . The "Muzzies " only hate us because we murder their women and children and support Israeli genocide . "Commies" are not now , nor have they ever been a threat . Open your eyes , quit being so gullable .
MindofaJedi 8 months ago
@MindofaJedi
" 'Commies' [n]ever been a threat" -- Commies/Zionists have infiltrated and undermined America since 1913, when they got the Federal Reserve Act passed. Then, they used the war criminal, FDR, to take our gold and replace it w/ paper. Now, we're all enslaved by their banking & fiat-money empire.
For an interesting interview, see Eustace Mullins on the New World Order. He worked as a researcher for Senator McCarthy to uncover the "billionaires" who fund(ed) Communism in America.
LibertaerUeberAlles 8 months ago
Now Mrs. Warren I applaud you on your bold declaration of the truth here. You are right on all fronts. But what I now wonder are you willing to go after the real culprit? The Rockefeller family are at fault for much of what you are describing. They have caused most of the mayhem you are describing. Are you willing to file charges against them? Will you go to battle with people who are part owners of the Fed? Are you willing to put your life on the line? Ron Paul has done this...will you?
mozartgenetics 9 months ago
Elizabeth Warren is an American Hero , but honestly it was the military that killed America . It has accounted for a third of all our spending since 1776 !
MindofaJedi 9 months ago
This was a very enlightening talk. I really appreciate Prof. Warren's insightful explanation.
reclarke 9 months ago
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do you love making money??? /watch?v=hlf7Al-SC2Q
guideyoutoeasymoney 9 months ago
@morph995 Fine, have it your way. I just don't want to be around neighborhoods where people are living on $2/hr., do you?
707hoser 9 months ago
@707hoser lol but what if 2 dollars an hour can buy you a large house with everything you need plus a ton of money saved and nice trips etc at that point 2 bucks an hour would be better then what 15 bucks an hour can get you today
themaniusedtob 8 months ago
@themaniusedtob Sounds good, never going to happen. In any case, if $2 an hour bought that much, minimum wage would be 10 cents an hour.
707hoser 8 months ago
@707hoser Sure, it may never happen while the capitalist running the country have their way and while the 2income trap remains. Your comment is exactly my point, The minimum wouldnt matter, amount per hour doesnt matter as its the buying power that does.. my father with 10 cents in the past could buy ALOT of stuff heck even with 5 cents he was able to buy MORE then I could get now for 1-2bucks.. and could buy a huge house by working as a carpenter for 5 years. try that now without a loan..
themaniusedtob 8 months ago
@themaniusedtob I got your point. The problem is that we don't have a way to turn the clock back 50 years. Of course its the buying power that matters, most of us are losing that buying power.
707hoser 8 months ago
@morph995 I'll tell you why I'm putting up such an argument: I've heard the same old story about the minimum wage being too high a thousand times. Supply side theorists like you believe that a man can feed himself at $2 per hour notwithstanding the fact that if workers have no purchasing power there will be no jobs for anyone. There are credible studies that prove that a minimum wage does not cause unemployment. Again, I'll ask you, do you think abolishing min. wage will cure unemployment?
707hoser 9 months ago 2
@morph995 I read your comment, I just don't buy it. Do you honestly believe that abolishing the minimum wage laws would make a difference in the huge unemployment problem? I don't believe that for a minute.
707hoser 9 months ago
@morph995 Well, I suppose that if we pay workers next to nothing there might be more jobs, but at what cost and what kind of jobs? We already have a reduced minimum wage for younger workers, isn't that enough? Maybe we would have more jobs if we abolished health, safety and environmental standards also. They add expense to the running of a business, let's get rid of them. You still haven't said where the minimum wage causes unemployment, though. There are studies that prove otherwise.
707hoser 9 months ago
@morph995 Why do you believe that the minimum wage law creates unemployment? Where did you read that?
707hoser 9 months ago
There is NO income, because there is NO money.
Banks & insurance are an ongoing crime, that totality of it being capital criminality.
Bankers are felons.
Attorneys ARE criminals.
Insurance is a RICO racket.
centurion180ad 11 months ago 2
IN My Own Opinion....credit should be based on savings.
Gioxtream 11 months ago
E UM ORRO NAO GOSTEI CREDO BLE
Shinoob360 1 year ago
So, what are you going to do about it Elizabeth? Obviously you're smart enough to handle this.
999111999111123 1 year ago
increase supply of labor decreases wages its that simple. banks are offering more credit to make up for the loss in profit due to: decrease in ave. wage, & decrease in productive capital investment shipped out to china. Big Banks don't care about the ppl. there is no moral suasion whatsoever they jack up the bank ratio and lend to ppl that can't afford the payments and break the system f...king greedy and stupid no regulations no foresight into the long term interest of families in the west.
seanth014 1 year ago
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Going back to the bad old days when women were domestic and sexual slaves to men won't work. Women who are dependent on men for money are subjected to abuse and their daughters to incest. If you've ever seen "Nuts" by Barbara Streisand or "The Burning Bed" by Farrah Fawcett you'll realize how widespread wife beating and incest were. The excuse that women don't need to be educated because they'll only be housewives was used an excuse to cut females out of universities, sports. etc.
TheMoonandSea 1 year ago
Going back to the bad old days when women were domestic and sexual slaves to men won't work. Women who are dependent on men for money are subjected to abuse and their daughters to incest. If you've ever seen "Nuts" by Barbara Streisand or "The Burning Bed" by Farrah Fawcett you'll realize how widespread wife beating and incest were. The excuse that women don't need to be educated because they'll only be housewives was used an excuse to cut females out of universities, sports. etc.
TheMoonandSea 1 year ago
thumbs up.. if u didnt watch the whole video
cvblood11 1 year ago
Savings in America, is IMPOSSIBLE. Dollar valuation is being wiped out, individual interest rates do not keep pace with inflation, stocks or bonds are rigged to shed their value to the felon creatures on Wall Street, and Social Security is an oxymoron.
Employment is being shipped overseas, and America is being deindustrialized.
It is a race, to the bottom.
centurion180ad 1 year ago
@centurion180ad savings is definately possible in the usa (not as easy as it used to be, but still possible).....just put a portion of your savings in tangables like silver......stop having children you can't afford, if you have a job accessable by public transportation don't use your car......just for shopping etc., live below your means
inkey2 1 year ago
@inkey2 ANY savings is subject to 1099 reporting. Then IRS taxes all the value out of it, and then the transaction fees for dealing in bullion put you in the red, and then storing any amount of it useful to retire on has fees that are cost prohibitive. That a pair of kids for a working couple are not affordable is CRIMINAL.
USA is already well below replacement. As soon as we go below our means the fucking bankers close the factories, loot the accounts, debase the currency, implode homes
centurion180ad 1 year ago
@centurion180ad there are wasy around all of what you said
inkey2 1 year ago
@inkey2 There shouldn’t have to be a way AROUND personal savings, and your suggestion is only accessible by the ultra-wealthy through their criminal Tax Free Foundations, or to criminals that run that Mafia that has the brass to call itself a government.
centurion180ad 1 year ago
The middle class is being wiped out by the mass murdering Debt Syndicate BANKERS.
centurion180ad 1 year ago
it all goes back to the pill - women need to stop contracepting, start having more children, stay home and nuture them, cook healthy food for the family
itubeyoublah 1 year ago
@itubeyoublah
LMAO more children? Are you insane?
We already have too many people and not enough jobs. More of the latter would just create lower wages. In regard to doing away with women's rights it won't happen!!!
Rockynurse 1 year ago
This is just the beginning of the war on the middle class. Now we will get concerted pushes to eliminate or reduce Social Security, cut the minimum wage, cut expenditures on public works. The fun is just starting.
707hoser 1 year ago
these days if you don't want to be living in a dumpster you have to live way below your means and don't have any children
inkey2 1 year ago
...the Middle Class is not 'collateral damage' of the economic down turn...
...this destruction is the objective of Class Warfare, pure and simple...
...those high enough on the food chain pyramid are liquidating assets and sending this overseas...
...the vision that they hold for the future is a New Feudalism with a large chasm separating them from the peons on minimum wage...
...the last 100 years has built up to this 'Crime of the Millennium' against Humanity...
Will224000 1 year ago
@Will224000... I am 20 minutes into this and she has not yet brought up the Reason for this Depression...
...the Usury of the Predatory Central Banking System and those responsible for building this system that ensures eventual Economic Slavery...
Will224000 1 year ago
@Will224000 ...I Love this woman...
...the guy is a kind of a douche...
Will224000 1 year ago
@Will224000 ...the answer is to de-legitimize the FED... take back control of our own currency...
Will224000 1 year ago
"In Iowa, on August 30, 1978, the Iowa Supreme Court threw out the lower court decisions and ruled in favor of both Fisher and the attorney general. As a result, First National filed an appeal with the U.S. Supreme Court on September 11 and hired Robert H. Bork, to argue its Minnesota case before the justices."
Robert Bork argued this case
patbahn 1 year ago
Living simply is a concept lost in the US. It's about wants vs. needs, and Americans want it all. They make more, they spend more.. More, more, more, more.. When I hear the "have to work" and I see the couple spending 24 K plus on daycare, thousands on gym memberships, two cars, vacations.. Please, who do they think they are kidding. Kids need a parent at home while growing up, if possible. In many cases it is possible. Of course, there are those who both need to work.
kathryn120 1 year ago 3
@kathryn120 I would imagine that the sharp rise in health insurance costs has driven both parents into the work place as well. Before I was able to get on my wifes health insurance plan I was paying $800 per month for my Blue Cross, just for me "one person"
inkey2 1 year ago
@kathryn120 Looks like someone didn't watch the video. What Elizabeth Warren found through her research was that increases in fixed expenditures is the cause of our vanishing middle class. These expenditure increases are for necessities like mortgage payments, health insurance, vehicles, and school. The data shows that the proportion of family income spent on discretionary expenditures for things like vacations, gym memberships have DECREASED over the decades. Getting poorer covering the basics!
qwerqwerxx 5 months ago
@kathryn120 Almost no one in the US earns enough to support a family entirely one their own. Not if they want to live above the poverty line. Worse, the US does NOTHING to help families, nothing aside from giving them lectures about "family values." In much of Europe, families get free medical care, free day care, paid maternity and/or paternity leave and 2 months of vacation each year. In the US, we get NOTHING. Is it any wonder US parents are overworked and stressed?
fileboy2002 5 months ago
@fileboy2002 it aint free. You make it sound like living in Europe is like living in fantasy land. There are no real middle classes there. As we keep propping up the welfare state, and expanding it, it gets harder and harder to live, and thus you become dependant. This is a deliberate attempt by the government. The continued manipulation of the dollar, bubbles that wipe out the middle class. Her points are valid, but how marxist ideology followers spin this, is troubling.
realitychk69 4 months ago
here's the deal, dont spend every penny you make!
my parents both had professional careers, but we essentially lived on just one income. as a kid, i did not get the extras and luxuries. i resented it then, but i now respect the fact that my parents were never upside down on their house. better yet, i do not have to support them in their old age. feminism should bring more choices, not take them away. dual income couples should live on one income only.
smedheat 1 year ago
@smedheat You didn't actually watch the video did you.
SmidgenPC 1 year ago
Thos lady speaks nonsense, just like most Spendo-crats. She bitches about lenders, and their "evil" practices. Here's an idea, DUMB DUMB--Don't take out the credit!
Holy cow, what an idea! In a perfect world, Elizabeth Warren would have the government wipe your ASS.lol
brian8793 1 year ago
@brian8793 Haha. So I guess you have some evidence to contradict her, right? Or are you from the "If I scream loud enough I'm right" school of thought?
SmidgenPC 1 year ago 2
@SmidgenPC YES!
brian8793 1 year ago
@brian8793 Oh. So you just have a comprehension problem.
SmidgenPC 1 year ago 2
@SmidgenPC Los Angeles Public School System, what can I say? I moved to Arizona, so I'm getting better ; )
This Country will get better after Romney wins in 2012!
brian8793 1 year ago
@brian8793 I don't think Romney can win in the South, ergo, I don't think he can win the Republican presidential nomination, ergo, I don't think he can win the presidency!
plutogirllovekj 1 year ago
@plutogirllovekj Ergo, I think you may have a point there Pluto. A lot of those Southern, Bible thumping rednecks, hate Mormons. I think it has soemething to do with the fact that Mormons like school and they brush their teeth.
You're right on the money. Most of the Democrats I know would vote for Romney over Obama. Maybe not Hillary, but definitely Obama...PEACE!
brian8793 1 year ago
@brian8793 Drop dead. Seriously. Rot.
humanills 1 year ago
what a nice long video
norulzdotpt 1 year ago
It is too expensive for families.
tjttzcspplt 1 year ago
The solution to today's problems for the average individual is to receive a bailout or live off the taxpayers dollars as much as you possibly can!
Yes that means kiss up to and depend on Big Brother for all your financial needs!
That's until Big Brother goes bankrupt, then all hell will break loose.
XionXXXX 1 year ago
@XionXXXX
BB won't go bankrupt. The debt will be monetized and falsely colateralized with american soil.
God people are dumb I am out!
Rockynurse 1 year ago
The two parent work model is a way to make sure children spend more time in the care of the state, and to make sure that all people become slaves of the 'economy'. This isolates people, breaks down community and is designed to undermine the possibility of community dissent. It also damages the children, and the parents. This must end now!
djlookwood 1 year ago 2
@djlookwood
"The state"? You mean private day-care?
penguinworm 1 year ago
@penguinworm Both, in that the Govt. supports care, and working parents, and DOES NOT support empathetic parenting and natural learning..... which are known to be profoundly effective in preventing psychological distress and violence.
No SYSTEM can replace the empathetic learning that is required in the first 4 years for psychological health/
djlookwood 1 year ago
your the educators , the country was founded as a republic , your failure to teach strict Constitutional LAW and your allowing teachers to teach the Communist manifesto to young impressional minds has finally come to bite us like a pit bull Elizabeth is a brilliant woman but she doen't not see these bankers for what they really are (THEIFS) they started in 1913 and has followed a pattern of distruction for us , she should push congress to prosecute the FEDERAL RESERVE under RICO
jhunted7667 1 year ago
Read my words people. Try not to get a credit card. Credit cards are gotten for reasons that do not make sense. If you get a credit card because of a safety or comfort issue, then you may be creating your own unsafe issue by what you have been advertised on a weekly factor. Pay attention guys and girls. If you want to buy into safety then buy a huge vehicle gas machine that can take a hit when you hit it other person. You will probably live and then die inside and kill other your younger kids
triptows 1 year ago 2
Elizabeth Warren 2012!!
joepglass 1 year ago 3
amazing information...
lovepeace2you 1 year ago
Dual income families did not cause this economic crisis, it is however responsible for America's moral / ethical deprivation. This economic collapse (soon to 100's of times worse) was caused by the deregulation of all commerce and banking in America (for the gains of the rich); tree trade, globalization, losing all of our industrial capabilities to slave labor nations. An example: in 2000 there were 32,000 T1/T2 domestic automotive suppliers in the US, today there are less than 1,800. Sad.
dawnstory69 1 year ago 14
@dawnstory69.
USA's unions were destroyed in the 80s, USA has lowest rates of unionisation in the world.
Countries which didn't crash in Europe were ones with the highest tax on the top 5% and sane regulation of banking.
Investment in skills, education, infrastructure, health.. regulation for solar panels on buildings.. all innovative, wealthiest and most equal societies.
It was conservative deregulation, inequality scams that sank.
the rich syphoned off investment for yachts in Dubai.
marsCubed 1 year ago 18
@marsCubed
LMAO What countries are you referring to? Most countries in Europe are incredibly weak.
Rockynurse 1 year ago
@marsCubed Hahahahha. Man what garbage. So your saying that France has a better economy? Britain? Germany?????? They were into bailouts way before our increasing sociliast government started to go.
If its so great go live in Europe then????? I hear immigration rates are crazy so I'm sure you'll get a leg up.
Thats what i thought. Even if you were European, why is everyone trying to COME TO US!!!!!!!!!!!!!!!!
Idiot.
SabreUnit 10 months ago
@SabreUnit
"If its so great go live in Europe then????? ... why is everyone trying to COME TO US!!!!"
I don't think that western Europeans are scurrying to immigrate to the US these days. They haven't for many years. But it has nothing to do with "unions" or some mythological "highest tax on the top 5%" (just like in the US, the real top-people have their fortunes in corporations and tax-exempt "foundations" that aren't subject to high tax). But there are other reasons for why Europe is better.
LibertaerUeberAlles 8 months ago 6
@LibertaerUeberAlles Just wait until the muzzies take over Europe and impose sharia law there. Europeans will be coming here in droves like they did 100 years ago.
DarrelfromZeeland 8 months ago
@LibertaerUeberAlles Ummm, yes very true on the hiding of assests.
However that just goes to show that corporations that feel the government is becoming harsher will move any jobs/capital to more friendlier nations (even stable dictatorships). Its how business is run. (of course they factor in the potential of instability but they have corporate analysts, insurance and Wall Street Bailouts in case that happens).
SabreUnit 8 months ago
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@LibertaerUeberAlles -- The best way to have rich lower/middle class is to have lots of businesses. Redistribution of wealth currently planned is GLOBAL not just the US. Global income is $2 per day -- global government = global poverty. This video about World poor/immigration demonstrates the point with gumballs. Easy to understand. I'm voting Ron Paul as his financial plan doesn't cut government assistance checks, as he balances the budget.
/watch?v=LPjzfGChGlE
vechorik 2 months ago
@dawnstory69 she didnt say it caused it but what it did was allow companies ultra cheap labour at the expense of families.
benympls 1 year ago
@benympls
So what? Families reap what they sow! If you are uneducated and lazy you deserve low wages!!! You don't get something for nothing. You must be able to produce more than you are worth to be of value. A society of parasites that suck off the prosperity of others never lasts long!!!
Rockynurse 1 year ago
@dawnstory69
There are less automakers because American Manufacturing cannot stand on it's own two feet. The labor is simply too expensive. Globalization must be embraced if we hide with tariffs, subsidies and regulation we will become uncompetitive and less productive. America needs to find what it is we are good at not focus on something we have not a chance in hell at being competitive in.
You must be a baby boomer. Your generation needs to let go of old ideals and embrace the NAU!!!
Rockynurse 1 year ago
@Rockynurse Sorry but you are mistaken, I'm not too old to be incapable of letting go and not too young not to know. And you must be not but a child (somewhere in your early peak), such an age, no comprehension of that which you can not comprehend and knowledge of that which you do not know. Your generation's arrogance (the child or ignorance) will lead to great regret and the despise of your children.
Trust me, the generations above you have forgotten more than you will ever learn.
dawnstory69 1 year ago
@dawnstory69
LOL
The leaders of my generation will usher in a new world order aimed at merging with brothers in the south and north. While your generation is living off the undererved social security they have left my generation is innovating and saving.
The spend thrift generation of boomers is retiring into failure. At least once you all die off you cannot charge any more $ on our credit card. We should cut social security to pay off the national debt your generation created.
Rockynurse 1 year ago
@Rockynurse Wrong again. I am hardly a baby boomer, but a more so the buffer generation between the two extremes in this nation. Lead? With what your parents money? As for the differential advantage (spoiled little parasites) your generation were born into (with spoons of the many in your mouths), you will find that the spoons once given (and taken for granted) will be removed from your mouths, in short order, and inserted into the appropriate orifice in your other end.
dawnstory69 1 year ago
@dawnstory69
LMAO!!!
Regardless of what you think of my english skills I will be graduating Summa Cum Laude soon and stepping into a job that pays much more than your social security checks.
Rockynurse 1 year ago
@Rockynurse On a side note, you may want to stop presenting yourself as an American. You might just goad someone into establishing new online identities aimed at impersonating a German citizen(s); who uses simple, but far greater, reverse psychology tactics to provoke a multitude of social disruptions not just within your (german) online communities but actual physical grounds.
Also, be careful what you wish for, you just may get it. Once EU falls & America follows. Germany will fall to RF!
dawnstory69 1 year ago
@dawnstory69
I am not a EU citizen lmao.
I am more of an american than most. One side of my family has been here since the revolutionary war. I even have a vice president as my great great great grandfather. I have family abroad in France and Germany as well.
LOL people could find me physically?
HAHAHAHAHAHA unfortunately most don't understand there are literally dozens of ways a person can present themselves as anything online. It requires far too much time and $ to prove who it is.
Rockynurse 1 year ago
@Rockynurse Your comprehension of the English language tells me NOT more than most. I'm rather sure I was not insinuating that anyone would come looking for your, as I am also certain nobody would want to. However, your parents should monitor your internet habits.
Again, your generation is at serious risk (no matter where you are). I know exactly what you are, and so do many others. When the time comes, you'd better grow up fast or hide.
dawnstory69 1 year ago
@dawnstory69 I agree with most of what you are saying - I think deregulation can be attributed to a larger part though. Comparable industrialised nations, who have also suffered production job losses to globalisation, have not had a similar credit bubble burst in 2008. Consumer law is much more protective in European countries - you just can't get screwed by banks the same way as in the US. For better and sometimes worse when the state becomes too protective => dilutes common sense.
mufflejoy 1 year ago
@dawnstory69 It didnt cause it entirely but it was a big part of what lead it to get this bad...
themaniusedtob 9 months ago 6
@dawnstory69 I'll tell you what caused the collapse. Marxist unions, fascist labor and environmental laws and business regulations, welfare entitlements and taxes to support the socialist welfare state, big government shoving its nose where it doesn't belong by fucking with businesses and forcing banks to give home loans to people who worked at fucking Mickey D's.
DarrelfromZeeland 8 months ago
Comment removed
baigandine 5 months ago