Who's to blame for the crisis?

[shockolanu]

2:25 is a true moron. He should get his shitty head examined. In fact, all of you fuckers should get your brains examnined and fixed!

[WACCIMark]

END THE FED!!!

RON PAUL 4 LIFE!!

[sinitskyd]

The problem is Central Banking and fiat monetary system. Without fiat money there would be fewer wars and no parasite banksters who print money out of thin air and rob savers.

[bignastypooh88]

Who's to blame...

Conservative non regulation. Happened to both Bushes.

[GoebbelsJr]

LOL. The whole system is Jewish.

How is a Jewish system going to work for the Russian, American, or any people, accept the Jews and those few traitors who work with them?

[hosank]

well isn't this deep and researched reporting

[mcgrawHNIC]

who's to blame?

stupid video.

[RosstaPharian]

The Federal Reserve and the other central banks across the world are to blame.

Also, read up on your Austrian Economists - start with Mises and Rothbard - they have very clear prescriptions for how to get out of this crisis.

[tony609]

we got blame russia cuzz such a big country that doesnt know how to use it i mean how to use the natural resources russia should be the best and richest country if they think act smart and stop drinking and smoking all the time and waiting for the usa all the time to tell them what to do and of course is all because of george shit bush now he`s having fun watching football while everybody is talking and crying for the shit that he left ... pisdetz`

[peterscottfrost]

This shows is how little most people know about economics.

[robpatozz]

Answer: The Federal Reserve, all of the central banks of the world, the shadow governments such as the CFR, RIIA, Bilderbergs, Trilateral Commission, etc... and all of the puppet governments and oligarchies they create and control. End of story, end game.

[Northern5tar]

Easy for those Americans to say that we're all to blame. You are wrong, we are not! And most ordinary Americans arent either for that matter. Its the banks and the government. The same two who are now looting even more wealth.

And I also wouldnt claim that the worst is behind us just yet.

If the biggest bubble of all, that is the dollar itself, is going to burst, this crisis we now have will seem like innocent foreplay in comparison..

[niunka1]

international banking cartel is to blame!!!!!

people! go and read "The Creature From Jekyll Island" by G.Edward Griffin Read it NOW!

[blackxavior]

Well the Russians are not to blame because they are just are a poor piece of shit nation with no global impact.

[troglodyte3344]

they control the flow of gas into europe and was involved with your nation and others in the cold war which lasted years. if they were not powerful then america im sure would have invaded. part of foreign policy....

[blackxavior]

Venuzwela, Saudi Arabia, Kuwait and Iran too name a few control world fuel production. Not really good company for Russia to be in to prove your misguided point.

I forgot what year is it? 1955? No, it 2009 yes that right. Cold war who cares, its over they LOST.

That last point was just the pinnacle of ignorance. I don't see the US invading Haiti or Malawi.

[troglodyte3344]

my point is what i made. nothing about fuel production it was about the control of gas in europe. if russia is not a threat then why are your nukes pointed at them? they didnt lose. nobody won. and they are even telling your country not to spend out of the recession your country created. silly boy. please read comments properly before replying.

[blackxavior]

No, when one ideology American "capitalism" outlasts and sees the fall of another ideology Bolsavik "Communion" that is a win. Damn you are dumb, what a laugh.

Your so ridicules, Russia's ability to turn off the spigot is global dominance.

We have enough nukes to point at everyone. Why not point them at a totalitarian batch of corrupt, poor, bilegerent vodka swilling drunks?

I must have really imasculated you forcing you to use "boy" to try and get your shrinking balls back.

[troglodyte3344]

wow you use your words so eloquently, shame your spelling is so erroneous. bilegerent = belligerent. bolsavik = bolshevik. oh dear what are they teaching you in school these days. and you call me dumb. your so ridicules? russia might be bad, America keeps people in concentration camps however. wow racism to boot. so all russian people are drunk and swill vodka? amazing how predjudice you are. they have ghettos and so does america. same as every country the rich are rich the poor r poor

[blackxavior]

When you can't fight ideas point out frivolous mistakes, its a classic for someone arguing from a position of weakness.

I guess you missed Obama's first executive action. You also apparently don't know the definition of concentration camp. Look up the Boar Wars for a good example.

My world view is shaped by experience. Is it my fault that all the Russians I have met are scum?

[troglodyte3344]

your opinion is very biased. your comments about the russian culture are tantamount to ignorant. you seem to think you know your history. when in fact if you knew anything you would know that patriotism is what holds the world back. do you know the definition of a concentration camp? they tortured at guantanamo.  by the way its boer war. a boar war would be a war with pigs. fucking ignorant idiot. thinks he knows everything but cant even spell the things hes talking about.

[blackxavior]

I love how you present your idiot opinions as fact.

Concentration camps hold select portions of the population native or residing in a country for the purpose of punishment or extermination. Gitmo has POW's smart guy.

[troglodyte3344]

ahhh. my annoying is back. POW's? lmfao. now i know your a dick. fuck off.

[GoebbelsJr]

'Racism'. You know, one of the indicators of an idiot is over-usage - and mis-appropriation - of that word.

[sinitskyd]

You kidding me! It's the f*cking germans who are responsible!

[GoebbelsJr]

Madoff is just a single Jewish individual - and managed to rip off $50-plus billion from society.

Now, I want you to imagine many thousands of Jews working together to accomplish the same goal.

Then I want you to read up on the Federal Reserve.

[simplysalvia]

you are using the term missappropriation wrongly. ergo you are the idiot. dumb fuck

[GoebbelsJr]

Ergo your island is a festering pile of Jewish manure - and on its way out.

[simplysalvia]

lmfao. england ruled a third of the world for 500 years. you've had it 50 years and now china and india have taken over your ass. go do something dickhead. ergo go fuck yourself nob end.

[simplysalvia]

of course iraq had WMD's didnt it.........and links with al qaida...? nobody won the cold war. you probably think america won vietnam too............dumb fuck.

[blackxavior]

That's the problem with making assumption they make you look like an ass. Your proving the rule right.

[troglodyte3344]

p.s. your is you're as in "you are"

[shockolanu]

Make me the world leader and I will take you to a whole new level. You will never have to think about money or about earnings. Everyone will have everything he/she wants. I'm asking you nicely and I promise I will be a good leader. Except for me, nobody will find out how to make things better... Well, maybe Putin, has a good plan but, mine is better...

[kartveli2]

stupid questions, stupid answers.

[niunka1]

kartveli2,

"stupid questions, stupid answers"?

how about:

stupid person, stupid comment

[zemljaikrv]

who? america and their masters- jews.

[lighthammar]

The World Bank, CFR, Bilderburg, etc. are getting away with murder. A worldwide bailout is a worldwide tax on the poor to allow the rulers to restructure control. Get lists of boards of directors if you want accountability, otherwise suffer and die. If you do nothing, you deserve to suffer.

[GuyTM]

It's a self perpetuating system of debt that's to blame, and all these people are really naive if they think this is as bad as it's going to get

[smalltime0]

but it is the massive deregulation of the American banks that is to blame.

The countries with the least regulation of the banking system (or major trade partners with deregulated banks) are feeling the tightest pinch. Look at the Australian banks, not one of them has fallen yet, and still post record profits as they are regulated heavily.

[printo69]

its not deregulation, its over-regulation that is to blame. The Community Reinvestment Act forced banks to lend to people with poor credit, that combined with the Federal Reserve's historically low interest rates flooded the banks with money, thus flooding the housing market with money. This created the housing bubble. The people who took out these predatory loans could not pay their mortgages & they got foreclosed. All these banks who were forced to make the loans began to go bankrupt.

[7boon]

Also, it was Jimmy Carter's fault that there are a quadrillion dollars of outstanding derivatives. If there were less regulation then we would never have all those securities and derivatives!

Oh, wait...

[printo69]

It wasnt the original piece of legislation that caused this, it was the legislative changes made in 1995. Freddie Mac & Fannie Mae (who guaranteed those trillions in securities you speak of) are government sponsored institutions!

It was regulation. Too much regulation of banking practices and very little (if any) oversight.

The government rarely solves problems, it mostly creates them.

If you dont care much for reason, thats fine, but blaming capitalism/deregulation is such a cop out.

[7boon]

So why were Fannie and Freddie Mac privatized in the first place? Why didn't the government just keep them as public institutions and not allow them to chase all this fake dollars?

You say there was too much regulation and no oversight. That's a contradiction in terms. Which is it?

Don't ask me. All the people who changed the regulations did so saying the financial system needed deregulating.

The banks should be valued at Zero and seized, and the execs sent to the big house.

[printo69]

There's a difference between regulation and oversight. There was too much regulation because the federal government forced banks to hand out sub-prime mortgages. The government was controlling how the banks did business. There was no oversight because there was clearly no supervision of the banks by the government (who forced them to make bad loans) to make sure everything they were forcing them to do was kosher.

There was no deregulation. The government forced the banks to make those loans.

[smalltime0]

No they didnt, Congress approved measures which allowed commercial banks to essentially ignore the creditworthiness of a potential borrower and issue a line of credit, as the bank/lender could just sell the debt to another financial institution... Thats deregulation and the low oversight.

[printo69]

So the federal government passed legislation (CRA) altering banking practices to promote and encourage risky lending behavior.

How is this not government intervention again?????

How is this not the governments fault and how is this not the fault of the Federal Reserve for flooding the banks with credit with historically low interest rates thus creating the housing bubble?? Government sponsored agencies guaranteed these loans.

This is blatant government intervention in the banking system.

[smalltime0]

The low interest rates came from the high competition for government bonds from foreign companies and countries, which lead to lower yields being offered. Once the government starts borrowing for less the official rates decrease

I thought we were arguing over whether deregulation or regulation. The legislation passed was not intended to promote risky lending practises, as banks should not lend unless they can get a return. Of course the decrease in regulation and oversight resulted in bad loans.

[erikarabin8924]

The federal reserve, the globalists, zionists and extremists in every form.

[Drowzyy]

i would blame the "federal" reserve and the globalists

[Eagle776]

The Federal Reserve spent 100 years wrecking this country.

And, now it's in Operation print and steal like crazy.

They are printing money faster then the Weimar Republic.

A year from now this will be seen as the 'good times.'

[r3dredwine]

She asked a lot of people that have no Idea whats going on.

[QuestionsAtoZ]

Blame the real culprits, the FED and their fake FIAT money.

[dabigez357]

say it like it is!

[akamal1113]

Blame the jews. They control wall street !

[LILUCKSMO80]

The JEWS throughout history are the harbingers of EVIL, RACISM, HATE and MISCHIEF. The Zionist cult is the wosr aspect of JUDIASM which is not a religion but a VIOLENT CULT of RAPE,INCEST,SAVAGERYPLUNDER and GREED. They manipulate the DUMB IGNORANT AMERIKKKANS via ZIONIST MEDIA and BANKING CONTROL. They are coming to an end as the US IS ALSO FINISHED.

[AppalachianAmer1can]

AmeriKKKans...LOL

[reklezstoner]

"They are coming to an end as the US IS ALSO FINISHED."

Unfortunately the demise of USA will not pave the way for the extinction of zionists.

Zionists are in essence vagrants with global ambitions. They are like locusts. They move from country to country, plundering and destroying everything in their path with complete disregard for other people(including ordinary jews).

Zionists are like cockroaches. You are never more than 5 feet away from the bast***ards.

[volumedealer1]

The federal reserve is to blame for this,they have cause all of this mess.

It's all by design.

[brave23333]

nafta

and the wars and bush

[zekretzpy]

This economic Y0-Y0ism Should be considered the obviously singular problem of Every Private Central Banking Industry and I Wrote about this on my website.

[mikkitiny]

first, forget russian oligarchs. they are innocent victims in this crisis. THEY DID NOT DO FINANCIAL SPECULATIONS WHERE THE CRISIS STARTED OUT.

second, Lukoil is not family name, bunky.

[pauline404]

The US and their FEDs policy hijack the world with this financial and economic crisis as they created this tremendous asset & dept bubble. The worldwide ongoing dept overkill turn(ed) into financial system bankrupty and solvent problem. Creating more depts cannot be a solution in the long run but rather like put fuel into the fire. The bubble was too big to balance it by more depts. Its like bottomless pit. The solution would be to reduce dept by following the economic downturn cycle but ...

[mikkitiny]

that would be just enough to blow the whole world economy out.

[charlessmyth]

Before a recovery can occur, the market has to revalue very overvalued assets to the market value, and worthless assets have to be written off. The stimulus packages only soften the immediate blow, but recovery will be delayed until the Gresham's Law effect of the stimulus packages no longer deters private investment in the capital markets. Which is why the stimulus packages have had such little effect at fixing the problem, and why more of them must not be introduced.

[igorvasilevsky]

Wall Street, US Bankers, Corporations, Federal Reserve,... Those, who created uni-polar economic system; those, who printed dollar without borders...

"Thanks", US.....

[7rightnow]

its not the US our country has been hijacked by international bankers. The Federal Reserve is not part of our government, it is owned by Europeans. Do the research

[gr1Mo]

Pathetic, No one has the knowledge, or enlightenment that the Federal Reserve and International bankers are the ones to blame. They've been orchestrating depression's as long as the federal reserve and National Bank act have been in place. As well with Fractional Reserve banking. It's just sad that know one cares to know the truth, or bother to spend a saturday researching about it, at least.

[TheDemonPazuzu]

It took me years to figure this out, but it's the central banks/Rothschilds family!

[TheFlex21]

BLAME OURSELVES

why???

because we remain sheep and let the Fed, the Neocons, and the zionists FUCK SHIT UP

[claffa20]

i blame china