Added: 3 years ago
From: kdenninger
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  • Pay off your debts if you can.

  • you r an idot and you ar my brother it is time to let you know

  • U are filled with numbers and probably filled with shit! For Christ's sake, the more complicated the numbers the more we get screwed. I wouldn't buy a fucking used car from you! You should get arrested with the Bush gang.

  • This guy watches too much Louis Black.

  • I propose that the bailout be a work-out. It should be uncomfortable for failing companies to get their hands on the our money. I'm in favor of "lending" the money to companies at reasonable rates. In return, Americans over 18 should get a majority operating interest in these companies and personally receive shares of stock equal to the amount of taxes collected at market value. To prevent a selling/spending frenzy, the American people should be required to hold the stock for several years.

  • dam 12-1 leverage i think is quite nuts. I heard it was running at 60-1! is that true? Thats fucking crazy!

  • Karl, yep, makes more sense to me than the "No banker left behind" bill. Now if only the representatives figure out that there are other options... We all need to work on this!

  • dude this economy problem is all pre-planned so that they can impliment the "Amero" its all a plan of the New World Order. The economy will crash this year and there will be martial law! peace.

  • True!

  • And DOUBLE FREAKING-AMEN to getting the leverage under control. THAT'S THE CANCER that is feeding off the lifeblood of capital right now.

  • A-FREAKING-MEN to moving the derivatives to exchanges. My god, as it is? They're nothing more than back-alley deals akin to some sort of weird black market.

  • I love the thoughts behind this plan. However, isn't it concerning that this largely depends on the willpower of the SEC to actually perform it's enforcement duties? That has been sorely lacking under Cox.

  • I absolutely agree with you! I did not make that statement to you implying that we sit on our ass and do nothing and wait for a disaster we know would happen. I said it because I am pointing out that laws that are above our own have been broken and something needs to be done about it. Because if we use Americas 100 million plus laws that every weasel politician, lawyer and wall street goon can dance around easily... But cannot dance around the Laws of God! PERIOD. Action needs to be taken.

  • I see more and more of the movers and shakers standing up in defense of the american way every week,,,gives me chills, thats the america That our forefathers died for.

  • lol I was just saying this on the phone to a buddy. lets roll america !!! set the hounds on the thieves, lets do this.

  • Get me a seat on the plane! With 40 years in major Credit and now investment trading systems I have been SCREAMING GET audited and TRANSPARENT for all traders, including retail. THIS is the problem. I know how 'cooked' the books are and how poorly assets are chosen, evaluated and more. This has been a sham on all counts.

    Worst of all, for individuals, it will require realistic buying, reduced 'dreaming' and expectation. We elected and chose paths to our demise. Wake up ALL America! YES

  • to continue -- fractional banking banned -- now, you may say impossible and I agree because the cat is out of the bag -- no one listened to McFadden and others before and after because of greed and ego and a set of unscrupulous hypocritical evil minded individuals.

  • no no no no the fed must be dismantled. the central banking conspiracy is smeared in the faces of the people yet they still refuse to smell it -- speculation has to be banned -- usury be banned -- and back to the money in service of the people and not the elite

  • All of these financial institutions should be raided by the FBI and their books confiscated, opened, and arrest the fraudsters and financial terrorists.

  • i never really believed that there was a such thing as financial terrorism, now i do

  • Also for those of us who thought Osama was a terrorist in taking down the World Trade center? What was that cost? Yet bankers and liars with their own lies, and deceit imagine an American economy running without an engine of industry and middle class wages. Try to hoodwink and give politicians a plan of "loaning our way" to enhance the economy. For those of you believing in the constitution, that died long ago. Our citizen role was downgraded to "consumer of the world". Here's our reward.

  • This is it. I get it now. Like the "whore of babylon" being this entire pack of wolves in the banking system. A bunch of liars and cheats, scheming to cheat each other and rename assets. During the lie things were inflated by all sorts of fake bubbles, like a rising of bubbles in cheap wine, everything was okay. Now that the whores wine is flat, and everything is ending. So whore/bankers lied. Solution, force them to admit their lying? Would that install confidence, in confidence men?

  • The whole trend that the financial giants done in the last 100 years needs to stop. Remove the 16th Amendment to the Constitution that gave power to the IRS to rob people for the last 100 years and gave the Fed the ability to print funny money not backed by anything. The graduated income tax is socialism which shafts the Commandment of "Thou Shalt Not Steal". Usury to your own countrymen is a big no no as well. Govt and bankers need to be held accountable and pay evey cent they stole from us.

  • You have no idea how much I love seeing folks comment like you have here! It warms my heart to know that folks are getting wise to the unconstitutional application of law.

  • I agree with your statement it is usury is theft creating money out of Air is not money it is an illusion the banker and government will be held accountable according to Gods word but that doesn't mean we sit back and wait for the disaster to come without one word of protest or trying to stop it.

  • Bush bought a place in Paraguay and Cheney bought a place in Saudi Arabia. The reason?

    They plan to nuke the US and that radiation will stay in the atmosphere only north of the equator. Some kind of a phenomenon. You will only be safe south of the equator.

    I read that but cannot remember where - I think it was on the Camelot or Avalon site.

    The few in the world are spoiling it for the many.

  • on January 1, 2008 when a very large group of very smart people decided that the international banking and securities and risk transfer markets all need to be

    able to correspond with one another in fair and equitable and transparent manners. And on January 1, 2008

    Basel II becomes the law of the globe

  • you have to test all of the collateral adequacy you have in your lending environment. And for those of you not overly

    involved in the banking industry, that's actually a very interesting question because when you actually take out credit as a consumer or as a business, you are supposed to offer up some form of collateral as secondary source of repayment if you, in fact, become insolvent. That's actually, kind of, how it works.

  • Now the problem with that is that we live in a world which, according to the Standard & Poors study of 1998, suggests that somewhere around 1993 our economy cut loose of tangible assets as the primary denominator of value. In 1993. That, by most people's account, was when we entered the knowledge economy, when

    balance sheets no longer reflected value. That's when we started getting into the wacky world of price-to-earnings ratios that were 5,000 or 38 or 72

  • You pick the number because it doesn't matter because none of the numbers are right because we don't have any way to measure it.

    So what you have is a world that in 1993 said, we no longer have tangible balance sheet value that can be quantified and

    that can be recognized as a basis for commercial transactions in the financial sector, particularly in the

    banking sector

  • Furthermore, and I may not understand all of what this gentleman has said, but how in the hell can any of it make sense on a fiat (fractional reserve) banking system!?

    The whole f'n thing needs to be retooled. Unless I didnt hear it Kdenninger didn't mention a thing about money backed by intrinsic valued metal, or ANYTHING of value.

    Doesn't seem that any solution in the phony markets will serve the people without sound monetary policy in the first place.

  • The first thing we ought to do is kill all the lawyer, IV Henry the forth quote. The Rothchilds control all the banks through their representatives. We need a militita of one million brave Americans to stand up to the corrupt gov. Congress serves the Rothchilds, not the people.

  • The Republician judges have destroyed our justice system they are killing cases that have merit. Any case with RICO violations and Fraud are not toss out of court. The bankrutpcy judges are allowing the Faudulent bankrutpcy to go through. My former company simply defaulted on their workers compensation checks and simply declared bankruptcy after bouncing my worker's compensation checks.

  • I know very little about this, but this I do know, debt is not good, and an economy that is based on debt is bad.

  • Agreed: Education is the KEY -> That's why we need Open Debates! "Fool me one shame on you, fool me twice shame on me!" Who will explain ..? - " THE NEW WORLD ORDER" - ONE WORLD WITH MICRO-CHIPS ? - NATO EXPANSION ? - 13 illuminati bloodlines..? - Secret societies /Skull & Bones - (Bilderberg) - ALL OF THESE ARE PRECEPTS ABOUT WHATS COMINGSOON ? - WHERE WE ARE NOW ..? LOVE/PEACE TO ALL - HATE WARS/SALAVERY For Worldwide Next Generations * SUCH A WONDERFUL WORLD * Global-peace
  • Thanks for your good work on this issue. I don't want a horrific answer either. I hope you will make many more people think about this issue so that the decision makers can do the wise thing!

  • haha 12-1? how about 1-1. The fractional reserve system is the true reason for this crap.

  • It is a waste of time banks have congress by the balls. Banks will crash the system and let Bush declare Martial Law and blame congress for the crash.

    This bailout will not work it will only make whole the people Ben and Hank want to shore up.

    Government will need to print, print and print. The common man needs solutions to survive the coming financial Armageddon. The banks already have their plan.

  • Walk away from it.. It's not constitutional..Why do you people insist on playing with these criminals.your plan gives me a headache.

  • "If they didn't see it coming, they will not know what to do when it gets here." - Jim Puplava

  • How about the solvency problem? The banks need to stay in business, but not at the expense of utterly ruining the dollar as the current bill might do.

    The bankruptcy laws have been worked out very well over the centuries - not over the weekend by the people who exacerbated the problem.

    The "good bank/bad bank" model for bankruptcy reorganization is specifically designed for situations like this, where closing the banks would cause economic disruption.

  • LEADER IN ACTION.

    The republican administration wants o give a blank check to wall street ($700 billion dollars at least).

    Obama and his advisors consider that we need to set an independent supervisory board for the bailout, and we also need to set provisions to help the middle class people heavily affected by the mortgage crisis.

    Obama just did a news conference (something Palin will never do) to explain which is his position in these critical times and answered open questions.

  • Don't forget to digg this up.

  • Lets get videos like this viral by favoting them and rating them and posting comments (thats how it happens) THEN sending them to everyone we know (so they do the same).

    People we are screwed if they DUMP this debt on the American people, they set a precedence and WILL CONTINUE to do this ONLY TO TURN AND OVERBURDEN YOU AND THEN COME AFTER ***YOUR HOMES*** as this IS a CONTROLLED DEMOLITION OF OUR ECONOMY and EACH FLOOR IS BEING TAKEN DOWN (lower floors/poor) to the middle floors (mid class)

  • [From Section 8]

    Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

    Nothing like this kind of wording should EVER be added to a bill. The role of government is to enforce the will of the people.

    Heads will roll in the Congress and the Senate if Section 8 is NOT REMOVED IMMEDIATELY.

  • (continued)

    Not only does this legislation not solve the problem that the 1.8 Trillion would be absorbed by (which is like throwing money into a tornado) but it consolidates power into the executive branch and is BEYOND UNCONSTITUTIONAL. This strips nearly ALL the power from Congress and the Senate (and the people) and is equivalent to a complete takeover of the finances of the USA by the FED and the Executive Branch:

  • I just went to the web site

    congress

    .

    org

    and clicked on the Alert to oppose the 700 billion dollar bailout this is what I said:

    I oppose the proposed bailout plan because IT DOES NOT RESTORE MARKET CONFIDENCE.

    This will:

    (see PDF in description of this video)

  • The goverment is trying to control every part of your life. They knew about this before it happened people have been talking for awhile about this. Do they not listen to the people. No they make the rules and tell you to follow them. If they know what is best for you why are we in so much trouble. Look around Cameras in your neighborhood phone tap Censorship. Do we call this FREE. They are here to serve not take. Vote Nader 08

  • I too agree Karl,

    I just got off the phone with Sam Johnson's office and let them know about your PDF referenced in the description and it is bang on.

    Not only does this legislation not solve the problem that the 1.8 Trillion would be absorbed by but it consolidates power into the executive branch:

    Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

  • Karl,

    Very well conceived plan. And perhaps one of the few ways to allow the government to be a part of the solution without tearing our finances completely down.

  • Good video. I'll pass it on.

  • This would work if the Constitution still had real power, but it doesn't.

    America is a corporation, and the Constitution has no real power.

    Google this stuff to verify.

    :/

  • Everything you say makes great sense..the problem is those responsible for putting such laws/regulations in place are one and the same...be them politicians or the Bildebergers, the Rothschilds, the CFR, the Fed Reserve etc etc....this financial catastrophe did not happen by chance. It allows those prior mentioned to eventually buy up, very cheaply, even more businesses and create and even stronger control of the global finances! This is not about politics it's about the people truly in charge?

  • You offer no solution because you are a henchmen for the Zionist Illuminati criminals who have destroyed the American economy. You are a traitor to the United States of America.

  • Who are you talking to? Names are just names.

  • Jews are clever and cunning, I give credit where credit is due.

    They make the best lawyers, no doubt.

  • Not all Jews are clever and cunning. And the ones who are, are actually stupid, because most Jews will also suffer in the coming economic collapse. In Israel today 20% of the Jews are living below the poverty line. And when you look at Israel, it is a dirty filthy country. You can't believe anyone is fighting over that place.

  • You can't save this! The only way to kill Immorals is to let them Fail and Starve themselves to Death! This is how Nature works as well as Human Nature. The Reason this is going to be so Bad is because we have Propped up the Immoral's for So long that now the Free Market can't do it no more! This is why also Fiet Currency never last more then 50 years because it creats alot of Immorals. The only way to Fix this is to Bring Back God's Currency that comes for Earth... Gold/Silver.. God Bless all!

  • I just lambasted Brad Sherman my Congressman. Just sent link to Congressman Brad Sherman.

  • This sounds like a great idea. Unwinding the derivatives is the only way to solve this mess. As you say, many of these contracts are probably invalid anyway. Declare them void. It seems that the problem will not go away until we have proper bookkeeping. Paying massive amounts of money to the people who caused the problem smells rotten. I am forwarding this video and writing Congress.

  • When do we get to tar and feather Congress?

    Not today?

    Damn.

    Tomorrow????

  • We are not represented by wall street! why should we bail them out!!!?

  • the only thing that would fix our situation now is revolution!

    no taxation without representation!!!

    this is the same reason we went to war in 1774!!!

  • here, here... but who are you really fighting. and for who are you fighting?

  • thanks friend. right now the enemy is yet to be revealed. you should go about your business and work, but at the same time prepare for what is ahead. stock up on food. find a place where u and your family can live and grow food out in the countryside. When this happens my family and i are going to live on my uncle's land. He owns about 30 acres in the country and has a large garden and lots of hunting guns.

  • To answer your question on who am i fighting? For my family, and my own personal beliefs in God, however, i am not trying to force my beliefs on others. People should fight for what they personally believe, and respect each other, but ultimately fight for what is right. Stand up to tyranny.

    Times are about to get bad and many people can feel it in the air. The economy will fail, but that is only the beginning. If you dont believe in something now, i recommend u find something to believe in.

  • i enjoy your answer and was frightfully having to play out the questionaire on that type of statement. i agree hard times are coming, but for someone that comes out to say to fight brings many colours all at once as to what the meaning of something like that word really means.

    free yourself before you free another i suppose, but good to see people talking ^_^

  • Maybe we should try out a gentile as head of the Fed.

    Just a crazy thought.

  • Gentile or Jew, I think we should just put somebody who isn't an idiot in there. Based on that statement,I'd say an Atheist would be the best pick, but that's just me. The decision should really be based more on the individual's ability to think critically and make sound decisions in the interest of the whole rather than the interests of the banks or themselves.

  • I think you missed my point and I am afraid that many of you are dwelling in a world where the Emperor Wears Beautiful Clothes.

    Move back the curtain and look at who is behind the levers. Mr Denninger I respect your opinion but the problem is we have a...cabal at work here that is not playing by the rules.

  • Eh, what I said is still valid though I think.

  • I hope people realize that this isn't about simply "destroying the middle class" any more. This is about taking out many players in one of the largest transfers of wealth in the history of this planet. The uber rich are in deep shit... once again all in the name of "fear".

    Talk about knee-jerk reactionism. This one takes the cake.

  • Ha.....Good luck! it is well said however, the PTB don`t want a solution! how long do you think it will take for someone who`s life is in pieces goes postal in a bank? Don`t you think it`s bizzare how much information is out there on the web? (you included) if homeland security is to work it needs an internal issue to solve..let`s face it nothing takes away your sense of humour like a money problem!........hey I got an idea drink some of the cool-aid Helicopter Ben is drinking and you`ll be okay

  • The problem is not because of lack of rules and regulations but with the American people. With all these rules in place, it still has the counterparty risk (ie, the people). With all the double standards and changing rule of laws at will, the world is losing faith on the American people. US has scammed the world of its saving and does not plan to repay. Only idiots would continue to lend to the US?

  • Our rulers have no interest in saving the nation.

    The American people are being guided into a socialist-feudal system, and doing it through the economics of "shock & awe.

  • no, freedomfighterone is correct---your caveat is both unnecessary and misses his point---what you are advocating is the thin end of the wedge...you find a cancer- you cut it out /simple /no compromise---you can't be a bit preganant

  • BS! The debt-based fractional reserve system is what is destroying America and the world economy. If a bank doesn't have the money, they can only lend what they have. Creating money out of thin air and charging interest on money that does not exist is criminal fraud.

  • correct--well said--i agree absolutely

  • And also, there needs to be state and federal laws instituted that will prevent any one group from taking over the Media. This is the way to freedom. The rules and regulations you're talking are too late, and don't go to the heart of the problem. It assumes that the system is alright. But the system itself is corrupt and needs to be changed.

  • Informed cat. Listen, act.

    Bottom up control of our freedoms, liberties: community, county, state. People fought - and defeated - the TransTexas Corridor, defeat of local WalMart occurs.

    Peaceful noncompliance in all things repressive. Take back control - cut them off if need be. That's US cutting D.C off.

  • Kdenninger, this is nonsense you're talking. The problem is the debt-based fractional reserve banking system. It needs to be shut down. No American should pay any taxes until the Fed is abolished, and the US government takes back it right to print money, interest free. No American should pay any taxes until the IRS has been abolished, and the fraudulent 16th Amendment has been rescinded. Now this is the way you save the country, and not that BS you're talking.

  • Nonsense.

    I know, I know, The Fed is Evil.

    I suggest you look into the little printing episode we had with a thing called "Continentals."

    There is a problem with giving Congress direct control of the printing press - they have a habit of using it.

    Yes, even in the US.

  • Kdenninger, I'm really disappointed in you. The system is corrupt and it has to be changed. The right of the government to print money free of interest is in keeping with the Constitution of the United States. Yes, the Fed is evil and it is enslaving America in debt - and that debt is coming your way.

  • freedinfughterone: I think you may be misplacing your anger on this one. While I agree that Mr. Denninger may be putting a much happier face on this crisis than you and I would like, he is putting it into a perceptive that all Americans can agree, and moreover, swallow.

    Congress will strike out the "no oversight" portions of this bill, they have stated as much. Because of this, Bush will regect the legislation. Problem solved? Let the free market work the way it should and we'll see.

  • Yes the system is corrupt.

    Just be careful that you don't replace it with a more corrupt one. Many of these "proposals" do exactly that.

    First rule: Don't cock it up worse.

    Seocnd rule: See rule #1.

  • "Market Ticker Videos are explicitly produced for entertainment only." :)

    Does that mean that I cannot sue Gen? :)

    Best of luck to you Karl!

  • you got a great point man , but the new world order wont do it..they want to tank the dollar ! the new world order is going all out..3 things will happen and its on our door step...1) a great depression 2) martial law 3) a ww3 ...untill you guys stand up right now you will face all 3 of these!!

  • His advice is prudent but besides the point because it would do nothing to stem the immediate crisis.  In fact, forcing banks to write down and liquidate all their bad assets will only make the current crisis worse.

  • Incorrect.

    Where do you see mark to market in the immediate term? Nope - just disclose HOW you marked them.

    Secrecy and lack of disclosure is WHY we have a crisis of confidence. Unless you fix that, you can't solve the problem. Its that simple.

  • tuday = USA, tomorrow = NAU

  • Call your representatives and forward this video to them.

  • GOD HELP US ALL

  • BrasscheckTV had a great article about the scams they pull. They take junk and make it look attractive by trading it amongst themselves until the rest of the market joins in. At the apex, they get out and the market collapses leaving the tax payers to clean up the mess. It happened with the savings and loans scandal through junk bonds, then the tech bubble through internet startups, and now the housing bubble through subprime mortgages. It's a good old fashioned pump and dump.

  • Sent to my congressman and senator.

  • Keep up the message..we're getting screwed..that's why they are trying to pass this so quickly!!!!!

  • watch:

    Fall 2008 - Collapse of the U.S. Economy

    they are making a collapse happen so they can implement martial law

  • Wow, and I was impressed by the first video! This is probably the only genuine analysis and valid suggestion for fixing the corrupt mess the American financial system has become.

    Which, of course, means they will never implement it. They want the meltdown. It will be the foundation they build their New World Order on.

  • I got about 5% of what you are talking about, but you make it sound good.

  • Bravo! 5-Stars!! You are a true American Patriot Mr. Denninger!

  • Although I agree with  you almost 100% the alternative to not passing this "700 billion" bill will end the current world financial system and that wouldnt be a bad thing in itself if not for a LOT of people that will most likely die of causes not worth mentioning here. And assuming king Paulson has no interest in listening to any other proposals I see no real way out but to pass this yet another limitless bailout.

  • Bravo - now let's get it done! Will share this video with all my contacts and call my Congressman and Senator tomorrow morning. Thank you Mr. Denninger!

    Robert R. - Founder

    The Stop Fascism Action Network

    StopFascismdotcom

  • Sent to my congress rep!

  • Good hell! You sir are the answer to our problems!!

  • Thank you for your time and your video.

  • flooding the phones has already taken place; key senators voice mail boxes are FULL. Try again on Monday.

    Stiff your creditors

    Pull all your money out of all paper investments

    Drain your bank accounts beyond what is needed to pay bills

    Reject involuntary servitude

    Decide not to be owned

    Get ANGRY about what is happening to you and countless others

  • Thank you, Sir.

  • ron told all you and you will get the shit end of the stick-

  • We're watching the end of America, and the best we can do is blog about it.

    We need a NATIONWIDE LABOR STRIKE, NOW!

  • So they can bring in more Mexicans?

  • "I am prepared to fly to Washington DC this coming week if required and testify under oath in front of the House, Senate, or both on these matters and elaborate on the material contained herein."

    You are the man, Mr. Denninger!

  • I have this feeling that it was all planned. They do not want a real solution to the problem. They want the problem to continue. It's about weakening the dollar so bad that people will be begging for the new Amero. If you can get the entire world under one currency then you pretty much control the world. Anyone want a tin foil hat? I have plenty. watch?v=QZHKLZVR7TQ

  • You are a true patriot Karl. I've seen both Obama and McCain speak and I cannot say the same for them as I've said for you.

  • Since I have no financial training, I can't make an educated opinion on it. However, without a working plan, we might have a crash on our hands; hopefully not exactly "dirty thirties" grade.

  • It must be serious, Karl's got his suit on!

  • Karl. I am doing my part to get this video out. I wish I had the depth of knowledge you have. You have elected representatives in Congress. Please DEMAND to be seen. Don't wait for your offer to be seen by your elected representatives from Florida to be accepted. Get to DC and DEMAND a 10 minute appointment with a staffer. The Congress has no clue how to solve this problem and is prepared to sign off on the draft plan, as is currently written, (with pork attached).

  • Wow! where did all the comments go?

  • This is a new video

  • this video needs to be on national TV and REQUIRED for everyone to watch it

  • Thanks for your work Karl.

  • Transparencey=Common sense!! kdenninger!!

    this proposal will deffinatly work and that's why the Treasury and Federal reserve WOLN'T even consider this proposal!

    The ruling class of the United states now see a total collapse will be in thier best interest! Hope is dead!!! for greed has killed it!!

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